Operating Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

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
Three Months Ended March 31, 2020
Net sales - recognized over time	$	—	$	2,827	$	46,401	$	3,650	$	52,878
Net sales - recognized at a point in time	64,553		80,699		320		360		145,932
Total net sales	$	64,553	$	83,526	$	46,721	$	4,010	$	198,810
Operating income (loss)	$	5,462	$	11,517	$	(684)	$	1,180	$	17,475

Three Months Ended March 31, 2019
Net sales - recognized over time	$	—	$	3,006	$	59,602	$	4,604	$	67,212
Net sales - recognized at a point in time	80,470		89,756		212		2,148		172,586
Total net sales	$	80,470	$	92,762	$	59,814	$	6,752	$	239,798
Operating income	$	13,064	$	13,431	$	4,267	$	2,038	$	32,800

Net sales by operating segment and by geographic area was as follows:


(Dollars in thousands)	Net Sales ⁽¹⁾
Region/Country	Advanced Connectivity Solutions		Elastomeric Material Solutions		Power Electronics Solutions		Other		Total
Three Months Ended March 31, 2020
United States	$	14,453	$	38,567	$	8,172	$	979	$	62,171
Other Americas	944		2,449		109		311		3,813
Total Americas	15,397		41,016		8,281		1,290		65,984
China	24,625		18,375		8,308		225		51,533
Other APAC	15,319		12,953		4,360		548		33,180
Total APAC	39,944		31,328		12,668		773		84,713
Germany	3,673		3,634		13,056		149		20,512
Other EMEA	5,539		7,548		12,716		1,798		27,601
Total EMEA	9,212		11,182		25,772		1,947		48,113
Total net sales	$	64,553	$	83,526	$	46,721	$	4,010	$	198,810
Three Months Ended March 31, 2019
United States	$	13,071	$	43,465	$	7,477	$	1,290	$	65,303
Other Americas	752		2,083		20		191		3,046
Total Americas	13,823		45,548		7,497		1,481		68,349
China	42,489		22,419		11,064		2,513		78,485
Other APAC	14,141		14,488		5,338		809		34,776
Total APAC	56,630		36,907		16,402		3,322		113,261
Germany	4,472		3,436		21,947		146		30,001
Other EMEA	5,545		6,871		13,968		1,803		28,187
Total EMEA	10,017		10,307		35,915		1,949		58,188
Total net sales	$	80,470	$	92,762	$	59,814	$	6,752	$	239,798

⁽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.

Contract assets by operating segment were as follows:


(Dollars in thousands)	March 31, 2020		December 31, 2019
Advanced Connectivity Solutions	$	—	$	—
Elastomeric Material Solutions	1,207		1,077
Power Electronics Solutions	17,456		19,471
Other	1,515		1,907
Total contract assets	$	20,178	$	22,455