Operating Segments and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2018

The following table presents a disaggregation of revenue from contracts with customers and other pertinent financial information, for the periods indicated; inter-segment sales have been eliminated from the net sales data:



(Dollars in thousands)	Advanced Connectivity Solutions		Elastomeric Material Solutions		Power Electronics Solutions		Other		Total
2018
Net sales - recognized over time	$	—	$	5,788	$	221,896	$	16,973	$	244,657
Net sales - recognized at a point in time	$	294,154	$	335,576	$	1,442	$	3,262	$	634,434
Total net sales	$	294,154	$	341,364	$	223,338	$	20,235	$	879,091
Operating income	$	33,827	$	52,502	$	19,648	$	6,734	$	112,711
Total assets	$	396,075	$	588,841	$	273,212	$	21,216	$	1,279,344
Capital expenditures	$	61,425	$	10,917	$	18,051	$	156	$	90,549
Depreciation & amortization	$	20,121	$	18,501	$	10,640	$	811	$	50,073
Investment in unconsolidated joint ventures	$	—	$	18,667	$	—	$	—	$	18,667
Equity income in unconsolidated joint ventures	$	—	$	5,501	$	—	$	—	$	5,501
2017
Total net sales	$	301,092	$	312,661	$	184,954	$	22,336	$	821,043
Operating income	$	55,410	$	50,908	$	15,668	$	7,153	$	129,139
Total assets	$	353,786	$	489,456	$	261,034	$	20,858	$	1,125,134
Capital expenditures	$	9,900	$	7,563	$	9,238	$	514	$	27,215
Depreciation & amortization	$	16,351	$	16,270	$	10,572	$	906	$	44,099
Investment in unconsolidated joint ventures	$	—	$	18,324	$	—	$	—	$	18,324
Equity income in unconsolidated joint ventures	$	—	$	4,898	$	—	$	—	$	4,898
2016
Total net sales	$	277,787	$	203,181	$	152,367	$	22,979	$	656,314
Operating income	$	42,455	$	25,884	$	5,229	$	7,329	$	80,897
Total assets	$	361,746	$	421,011	$	247,187	$	26,556	$	1,056,500
Capital expenditures	$	7,569	$	4,051	$	6,009	$	507	$	18,136
Depreciation & amortization	$	15,654	$	10,141	$	11,208	$	844	$	37,847
Investment in unconsolidated joint ventures	$	—	$	16,183	$	—	$	—	$	16,183
Equity income in unconsolidated joint ventures	$	—	$	4,146	$	—	$	—	$	4,146

The following table presents net sales by our operating segment operations by geographic area for the years indicated:



(Dollars in thousands)	Net Sales⁽¹⁾
Region/Country	Advanced Connectivity Solutions		Elastomeric Material Solutions		Power Electronics Solutions		Other		Total
December 31, 2018
United States	$	52,661	$	152,284	$	37,325	$	4,527	$	246,797
Other Americas	3,104		14,453		931		773		19,261
Total Americas	55,765		166,737		38,256		5,300		266,058
China	136,315		101,036		39,781		4,959		282,091
Other APAC	63,318		40,788		28,414		2,892		135,412
Total APAC	199,633		141,824		68,195		7,851		417,503
Germany	18,165		9,907		62,359		584		91,015
Other EMEA	20,591		22,896		54,528		6,500		104,515
Total EMEA	38,756		32,803		116,887		7,084		195,530
Total net sales	$	294,154	$	341,364	$	223,338	$	20,235	$	879,091
December 31, 2017
United States	$	48,277	$	141,508	$	30,403	$	5,210	$	225,398
Other Americas	2,946		9,709		1,153		699		14,507
Total Americas	51,223		151,217		31,556		5,909		239,905
China	143,065		93,039		32,164		5,123		273,391
Other APAC	64,077		36,233		21,845		3,421		125,576
Total APAC	207,142		129,272		54,009		8,544		398,967
Germany	23,925		9,211		54,813		657		88,606
Other EMEA	18,802		22,961		44,576		7,226		93,565
Total EMEA	42,727		32,172		99,389		7,883		182,171
Total net sales	$	301,092	$	312,661	$	184,954	$	22,336	$	821,043
December 31, 2016
United States	$	46,951	$	61,188	$	25,599	$	5,499	$	139,237
Other Americas	2,035		7,722		313		855		10,925
Total Americas	48,986		68,910		25,912		6,354		150,162
China	137,695		77,033		20,964		5,511		241,203
Other APAC	53,082		29,109		17,751		3,898		103,840
Total APAC	190,777		106,142		38,715		9,409		345,043
Germany	19,842		7,621		53,426		849		81,738
Other EMEA	18,182		20,508		34,314		6,367		79,371
Total EMEA	38,024		28,129		87,740		7,216		161,109
Total net sales	$	277,787	$	203,181	$	152,367	$	22,979	$	656,314

⁽¹⁾ Net sales are allocated to countries based on the location of the customer. The table above lists individual countries with 10% or more of net sales for the periods indicated.

Revenue and long-lived assets by geographic region

Information relating to our long-lived assets by geographic area was as follows as of December 31 for the year indicated:



	Long-Lived Assets⁽¹⁾
(Dollars in thousands)	2018		2017		2016
United States	$	476,560	$	370,964	$	326,199
China	58,205		57,404		62,728
Germany	113,412		114,497		101,725
Other	36,475		34,131		32,242
Total	$	684,652	$	576,996	$	522,894

⁽¹⁾ Long-lived assets are based on the location of the asset and are comprised of goodwill, other intangible assets and property, plant and equipment. Countries with 10% of more of long-lived assets have been disclosed.