Operating Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of 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 Electronics Solutions		Elastomeric Material Solutions		Other		Total
Three Months Ended March 31, 2022
Net sales - recognized over time	$	70,486	$	3,046	$	4,373	$	77,905
Net sales - recognized at a point in time	62,667		107,194		500		170,361
Total net sales	$	133,153	$	110,240	$	4,873	$	248,266
Operating income	$	1,304	$	16,997	$	1,590	$	19,891
Three Months Ended March 31, 2021
Net sales - recognized over time	$	54,814	$	2,687	$	5,212	$	62,713
Net sales - recognized at a point in time	77,078		89,162		312		166,552
Total net sales	$	131,892	$	91,849	$	5,524	$	229,265
Operating income	$	14,849	$	20,077	$	2,267	$	37,193

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

(Dollars in thousands)	Net Sales(1)
Region/Country	Advanced Electronics Solutions		Elastomeric Material Solutions		Other		Total
Three Months Ended March 31, 2022
United States	$	29,207	$	45,389	$	843	$	75,439
Other Americas	973		2,587		168		3,728
Total Americas	30,180		47,976		1,011		79,167
China	36,079		30,987		1,814		68,880
Other APAC	20,097		6,716		508		27,321
Total APAC	56,176		37,703		2,322		96,201
Germany	20,553		8,738		270		29,561
Other EMEA	26,244		15,823		1,270		43,337
Total EMEA	46,797		24,561		1,540		72,898
Total net sales	$	133,153	$	110,240	$	4,873	$	248,266
Three Months Ended March 31, 2021
United States	$	23,797	$	37,732	$	672	$	62,201
Other Americas	594		2,494		216		3,304
Total Americas	24,391		40,226		888		65,505
China	58,423		27,831		1,393		87,647
Other APAC	23,372		9,288		720		33,380
Total APAC	81,795		37,119		2,113		121,027
Germany	5,163		10,276		134		15,573
Other EMEA	20,543		4,228		2,389		27,160
Total EMEA	25,706		14,504		2,523		42,733
Total net sales	$	131,892	$	91,849	$	5,524	$	229,265

(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, 2022		December 31, 2021
Advanced Electronics Solutions	$	33,224	$	31,398
Elastomeric Material Solutions	2,616		2,082
Other	3,337		3,130
Total contract assets	$	39,177	$	36,610