Business Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Reportable segment information

The following table sets forth the information about our reportable segments for the periods indicated:

(Dollars in thousands)	Elastomeric Material Solutions		Advanced Connectivity Solutions		Power Electronics Solutions		Other		Total
2015
Net sales	$	180,898	$	267,630	$	150,288	$	42,627	$	641,443
Operating income	$	19,979	$	45,115	$	3,750	$	7,411	$	76,255
Total assets	$	265,575	$	316,235	$	321,248	$	29,400	$	932,458
Capital expenditures	$	4,103	$	15,532	$	4,185	$	1,017	$	24,837
Depreciation & amortization	$	9,280	$	15,403	$	7,855	$	1,516	$	34,054
Investment in unconsolidated joint ventures	$	15,348	$	—	$	—	$	—	$	15,348
Equity income in unconsolidated joint ventures	$	2,890	$	—	$	—	$	—	$	2,890
2014
Net sales	$	173,671	$	240,864	$	171,832	$	24,544	$	610,911
Operating income (loss)	$	23,350	$	44,007	$	5,654	$	8,230	$	81,241
Total assets	$	221,013	$	217,173	$	377,181	$	25,068	$	840,435
Capital expenditures	$	6,197	$	14,290	$	7,489	$	779	$	28,755
Depreciation & amortization	$	6,561	$	9,575	$	9,332	$	800	$	26,268
Investment in unconsolidated joint ventures	$	17,214	$	—	$	—	$	—	$	17,214
Equity income in unconsolidated joint ventures	$	4,123	$	—	$	—	$	—	$	4,123
2013
Net sales	$	168,082	$	184,949	$	160,730	$	23,721	$	537,482
Operating income (loss)	$	22,601	$	19,076	$	1,338	$	7,102	$	50,117
Total assets	$	223,346	$	179,363	$	384,249	$	24,363	$	811,321
Capital expenditures	$	3,030	$	7,793	$	5,287	$	749	$	16,859
Depreciation & amortization	$	6,410	$	7,004	$	12,406	$	531	$	26,351
Investment in unconsolidated joint ventures	$	18,463	$	—	$	—	$	—	$	18,463
Equity income in unconsolidated joint ventures	$	4,326	$	—	$	—	$	—	$	4,326

Reconciliation of Operating Income to the Consolidated Statements of Operations

The following table sets forth the operating income reconciliation to the consolidated statements of operations for the periods indicated:

	2015			2014			2013
Operating income	$	76,255		$	81,241		$	50,117
Equity income in unconsolidated joint ventures	2,890			4,123			4,326
Other income (expense), net	(8,492		)	(1,194		)	(1,240		)
Interest income (expense), net	(4,480		)	(2,946		)	(3,481		)
Income before income taxes	$	66,173		$	81,224		$	49,722

Revenue and long-lived assets by geographic region

Information relating to our operations by geographic area was as follows:

	Net Sales (1)						Long-lived Assets (2)
(Dollars in thousands)	2015		2014		2013		2015		2014		2013
United States	$	162,662	$	124,305	$	118,217	$	217,595	$	70,728	$	64,744
China	192,155		236,488		193,734		65,994		49,794		44,805
Germany	81,452		93,478		79,043		110,240		129,702		154,688
Other	205,174		156,640		146,488		34,998		36,999		40,535
Total	$	641,443	$	610,911	$	537,482	$	428,827	$	287,223	$	304,772

⁽¹⁾    Net sales are allocated to countries based on the location of the customer. Countries with 10% of more of net sales have been disclosed.

⁽²⁾    Long-lived assets are based on the location of the asset and are comprised of goodwill and other intangibles and property, plant and equipment.