Segment Information

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

Our reporting structure is comprised of the following operating segments: Advanced Connectivity Solutions (ACS), Elastomeric Material Solutions (EMS), Power Electronics Solutions (PES) and the Other segment. We believe this structure aligns our external reporting presentation with how we currently manage and view our business internally.

We completed the acquisition of Arlon on January 22, 2015. As part of the integration process, Arlon operations related to circuit materials and silicones were included in our ACS and EMS segments, respectively. The Other segment included the Arlon business that manufactured specialty polyimide, epoxy-based laminates and bonding materials, which we subsequently sold in December, 2015.

The following table sets forth the information about our segments for the periods indicated, inter-segment sales have been eliminated from the net sales data:

	Quarter Ended
(Dollars in thousands)	March 31, 2016			March 31, 2015
Net sales
Advanced Connectivity Solutions	$	73,376		$	71,287
Elastomeric Material Solutions	46,317			44,556
Power Electronics Solutions	35,251			38,529
Other	5,622			10,679
Net sales	$	160,566		$	165,051
Operating income
Advanced Connectivity Solutions	$	15,900		$	12,868
Elastomeric Material Solutions	5,305			3,033
Power Electronics Solutions	1,296			2,391
Other	1,598			1,878
Operating income	24,099			20,170
Equity income in unconsolidated joint ventures	613			919
Other income (expense), net	(546		)	(129		)
Interest expense, net	(1,121		)	(1,006		)
Income before income tax expense	$	23,045		$	19,954