Operating Segment Information (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2020
Net sales - recognized over time	$	219	$	2,612	$	47,827	$	3,568	$	54,226
Net sales - recognized at a point in time	63,495		83,832		100		291		147,718
Total net sales	$	63,714	$	86,444	$	47,927	$	3,859	$	201,944
Operating income (loss)	$	4,981	$	7,372	$	(4,691)	$	1,132	$	8,794

Three Months Ended September 30, 2019
Net sales - recognized over time	$	—	$	3,429	$	42,906	$	4,504	$	50,839
Net sales - recognized at a point in time	78,983		91,511		225		284		171,003
Total net sales	$	78,983	$	94,940	$	43,131	$	4,788	$	221,842
Operating income (loss)	$	13,778	$	17,995	$	(3,358)	$	1,470	$	29,885

Nine Months Ended September 30, 2020
Net sales - recognized over time	$	219	$	8,106	$	139,288	$	10,295	$	157,908
Net sales - recognized at a point in time	198,988		233,490		580		945		434,003
Total net sales	$	199,207	$	241,596	$	139,868	$	11,240	$	591,911
Operating income (loss)	$	26,067	$	21,884	$	(3,929)	$	3,339	$	47,361

Nine Months Ended September 30, 2019
Net sales - recognized over time	$	—	$	9,400	$	153,827	$	13,421	$	176,648
Net sales - recognized at a point in time	251,982		272,196		780		2,886		527,844
Total net sales	$	251,982	$	281,596	$	154,607	$	16,307	$	704,492
Operating income (loss)	$	45,301	$	46,752	$	(976)	$	4,821	$	95,898

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


(Dollars in thousands)	Net Sales(1)
Region/Country	Advanced Connectivity Solutions		Elastomeric Material Solutions		Power Electronics Solutions		Other		Total
Three Months Ended September 30, 2020
United States	$	18,058	$	29,733	$	5,901	$	980	$	54,672
Other Americas	497		2,517		36		144		3,194
Total Americas	18,555		32,250		5,937		1,124		57,866
China	26,641		34,016		11,229		754		72,640
Other APAC	11,588		11,150		4,633		530		27,901
Total APAC	38,229		45,166		15,862		1,284		100,541
Germany	1,973		5,450		12,074		99		19,596
Other EMEA	4,957		3,578		14,054		1,352		23,941
Total EMEA	6,930		9,028		26,128		1,451		43,537
Total net sales	$	63,714	$	86,444	$	47,927	$	3,859	$	201,944
Three Months Ended September 30, 2019
United States	$	17,671	$	41,232	$	8,115	$	1,237	$	68,255
Other Americas	807		2,452		11		271		3,541
Total Americas	18,478		43,684		8,126		1,508		71,796
China	37,398		26,461		7,642		908		72,409
Other APAC	13,813		14,385		6,269		675		35,142
Total APAC	51,211		40,846		13,911		1,583		107,551
Germany	4,251		3,868		10,528		171		18,818
Other EMEA	5,043		6,542		10,566		1,526		23,677
Total EMEA	9,294		10,410		21,094		1,697		42,495
Total net sales	$	78,983	$	94,940	$	43,131	$	4,788	$	221,842

(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/Country	Advanced Connectivity Solutions		Elastomeric Material Solutions		Power Electronics Solutions		Other		Total
Nine Months Ended September 30, 2020
United States	$	49,907	$	98,373	$	19,562	$	2,666	$	170,508
Other Americas	2,122		6,634		222		503		9,481
Total Americas	52,029		105,007		19,784		3,169		179,989
China	86,846		72,550		28,657		2,003		190,056
Other APAC	35,482		33,938		13,857		1,531		84,808
Total APAC	122,328		106,488		42,514		3,534		274,864
Germany	8,354		13,883		40,829		292		63,358
Other EMEA	16,496		16,218		36,741		4,245		73,700
Total EMEA	24,850		30,101		77,570		4,537		137,058
Total net sales	$	199,207	$	241,596	$	139,868	$	11,240	$	591,911
Nine Months Ended September 30, 2019
United States	$	47,014	$	126,067	$	23,800	$	3,606	$	200,487
Other Americas	2,598		6,725		260		668		10,251
Total Americas	49,612		132,792		24,060		4,274		210,738
China	129,220		72,726		29,989		4,374		236,309
Other APAC	44,980		44,407		18,232		2,244		109,863
Total APAC	174,200		117,133		48,221		6,618		346,172
Germany	12,674		10,775		46,780		447		70,676
Other EMEA	15,496		20,896		35,546		4,968		76,906
Total EMEA	28,170		31,671		82,326		5,415		147,582
Total net sales	$	251,982	$	281,596	$	154,607	$	16,307	$	704,492

(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)	September 30, 2020		December 31, 2019
Advanced Connectivity Solutions	$	186	$	—
Elastomeric Material Solutions	1,090		1,077
Power Electronics Solutions	19,132		19,471
Other	1,653		1,907
Total contract assets	$	22,061	$	22,455