Operating Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

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, 2023
Net sales - recognized over time	$	62,419	$	8,966	$	3,911	$	75,296
Net sales - recognized at a point in time	73,449		93,275		1,827		168,551
Total net sales	$	135,868	$	102,241	$	5,738	$	243,847
Operating income	$	(5,509)	$	3,217	$	2,040	$	(252)
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

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, 2023
United States	$	21,549	$	41,869	$	1,131	$	64,549
Other Americas	2,301		9,256		131		11,688
Total Americas	23,850		51,125		1,262		76,237
China	38,436		20,175		2,399		61,010
Other APAC	24,837		6,995		522		32,354
Total APAC	63,273		27,170		2,921		93,364
Germany	24,001		8,034		143		32,178
Other EMEA	24,744		15,912		1,412		42,068
Total EMEA	48,745		23,946		1,555		74,246
Total net sales	$	135,868	$	102,241	$	5,738	$	243,847
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

(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, 2023	December 31, 2022
Advanced Electronics Solutions	37,862	$	33,736
Elastomeric Material Solutions	5,409	1,584
Other	3,475	3,533
Total contract assets	46,746	$	38,853