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Operating Segment Information (Tables)
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Reportable Segment Information
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 SolutionsElastomeric Material SolutionsPower Electronics SolutionsOtherTotal
Three Months Ended June 30, 2020
Net sales - recognized over time$—  $2,667  $45,060  $3,077  $50,804  
Net sales - recognized at a point in time70,940  68,959  160  294  140,353  
Total net sales$70,940  $71,626  $45,220  $3,371  $191,157  
Operating income$15,624  $2,995  $1,446  $1,027  $21,092  
Three Months Ended June 30, 2019
Net sales - recognized over time$—  $2,965  $51,319  $4,313  $58,597  
Net sales - recognized at a point in time92,529  90,929  343  454  184,255  
Total net sales$92,529  $93,894  $51,662  $4,767  $242,852  
Operating income (loss)$18,458  $15,326  $(1,884) $1,313  $33,213  
Six Months Ended June 30, 2020
Net sales - recognized over time$—  $5,494  $91,461  $6,727  $103,682  
Net sales - recognized at a point in time135,493  149,658  480  654  286,285  
Total net sales$135,493  $155,152  $91,941  $7,381  $389,967  
Operating income$21,086  $14,512  $762  $2,207  $38,567  
Six Months Ended June 30, 2019
Net sales - recognized over time$—  $5,971  $110,921  $8,917  $125,809  
Net sales - recognized at a point in time172,999  180,685  555  2,602  356,841  
Total net sales$172,999  $186,656  $111,476  $11,519  $482,650  
Operating income$31,522  $28,757  $2,383  $3,351  $66,013  
Net sales by operating segment and by geographic area were as follows:
(Dollars in thousands)
Net Sales(1)
Region/CountryAdvanced Connectivity SolutionsElastomeric Material SolutionsPower Electronics SolutionsOtherTotal
Three Months Ended June 30, 2020
United States$17,396  $30,073  $5,489  $707  $53,665  
Other Americas681  1,668  77  48  2,474  
Total Americas18,077  31,741  5,566  755  56,139  
China35,580  20,159  9,120  1,024  65,883  
Other APAC8,575  9,835  4,864  453  23,727  
Total APAC44,155  29,994  13,984  1,477  89,610  
Germany2,708  4,799  15,699  44  23,250  
Other EMEA6,000  5,092  9,971  1,095  22,158  
Total EMEA8,708  9,891  25,670  1,139  45,408  
Total net sales$70,940  $71,626  $45,220  $3,371  $191,157  
Three Months Ended June 30, 2019
United States$16,272  $41,370  $8,208  $1,079  $66,929  
Other Americas1,039  2,190  229  206  3,664  
Total Americas17,311  43,560  8,437  1,285  70,593  
China49,333  23,846  11,283  953  85,415  
Other APAC17,026  15,534  6,625  760  39,945  
Total APAC66,359  39,380  17,908  1,713  125,360  
Germany3,951  3,471  14,305  130  21,857  
Other EMEA4,908  7,483  11,012  1,639  25,042  
Total EMEA8,859  10,954  25,317  1,769  46,899  
Total net sales$92,529  $93,894  $51,662  $4,767  $242,852  
(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.
(Dollars in thousands)
Net Sales(1)
Region/CountryAdvanced Connectivity SolutionsElastomeric Material SolutionsPower Electronics SolutionsOtherTotal
Six Months Ended June 30, 2020
United States$31,849  $68,640  $13,661  $1,686  $115,836  
Other Americas1,625  4,117  186  359  6,287  
Total Americas33,474  72,757  13,847  2,045  122,123  
China60,205  38,534  17,428  1,249  117,416  
Other APAC23,894  22,788  9,224  1,001  56,907  
Total APAC84,099  61,322  26,652  2,250  174,323  
Germany6,381  8,433  28,755  193  43,762  
Other EMEA11,539  12,640  22,687  2,893  49,759  
Total EMEA17,920  21,073  51,442  3,086  93,521  
Total net sales$135,493  $155,152  $91,941  $7,381  $389,967  
Six Months Ended June 30, 2019
United States$29,343  $84,835  $15,685  $2,369  $132,232  
Other Americas1,791  4,273  249  397  6,710  
Total Americas31,134  89,108  15,934  2,766  138,942  
China91,822  46,265  22,347  3,466  163,900  
Other APAC31,167  30,022  11,963  1,569  74,721  
Total APAC122,989  76,287  34,310  5,035  238,621  
Germany8,423  6,907  36,252  276  51,858  
Other EMEA10,453  14,354  24,980  3,442  53,229  
Total EMEA18,876  21,261  61,232  3,718  105,087  
Total net sales$172,999  $186,656  $111,476  $11,519  $482,650  
(1)Net sales are allocated to countries based on the location of the customer. The table above lists individual countries with 10% or more of net sales for the periods indicated.
Contract assets by operating segment were as follows:
(Dollars in thousands)June 30, 2020December 31, 2019
Advanced Connectivity Solutions$—  $—  
Elastomeric Material Solutions1,004  1,077  
Power Electronics Solutions16,312  19,471  
Other1,964  1,907  
Total contract assets$19,280  $22,455