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Segment And Geographic Information
9 Months Ended
Sep. 30, 2012
Segment And Geographic Information [Abstract]  
Segment And Geographic Information

Note 8 – Segment and Geographic Information

The Company has manufacturing facilities in the Americas, Asia and Europe to serve its customers. The Company is operated and managed geographically, and management evaluates performance and allocates the Company's resources on a geographic basis. Intersegment sales are generally recorded at prices that approximate arm's length transactions. Operating segments' measure of profitability is based on income from operations. The accounting policies for the reportable operating segments are the same as for the Company taken as a whole. The Company has three reportable operating segments: the Americas, Asia and Europe. Information about operating segments was as follows:

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
(in thousands)   2012     2011     2012     2011  
                         
Net sales:                                
Americas   $ 337,895     $ 316,446     $ 1,062,521     $ 982,117  
Asia     256,236       250,361       739,060       688,809  
Europe     33,472       36,956       104,955       123,709  
Elimination of intersegment sales     (16,834 )     (33,680 )     (72,319 )     (100,691 )
                                 
    $ 610,769     $ 570,083     $ 1,834,217     $ 1,693,944  
                                 
Depreciation and amortization:                                
Americas   $ 3,736     $ 4,005     $ 10,993     $ 12,262  
Asia     3,839       3,289       11,107       9,456  
Europe     608       652       1,937       1,982  
Corporate     833       821       2,422       2,454  
                                 
    $ 9,016     $ 8,767     $ 26,459     $ 26,154  
                                 
Income from operations:                                
Americas   $ 14,466     $ 9,426     $ 45,164     $ 35,987  
Asia     19,386       10,807       33,457       29,718  
Europe     391       570       1,124       1,965  
Corporate and intersegment eliminations     (9,361 )     (9,187 )     (28,770 )     (26,107 )
                                 
    $ 24,882     $ 11,616     $ 50,975     $ 41,563  
                                 
Capital expenditures:                                
Americas   $ 4,649     $ 886     $ 13,609     $ 11,958  
Asia     8,218       8,420       18,592       32,837  
Europe     917       2,875       1,870       3,630  
Corporate     838       1,288       1,437       1,871  
                                 
    $ 14,622     $ 13,469     $ 35,508     $ 50,296  

 

    September 30,     December 31,  
    2012     2011  
             
Total assets:                
Americas   $ 589,537     $ 650,998  
Asia     642,695       610,596  
Europe     185,684       197,132  
Corporate and other     79,426       41,272  
                 
    $ 1,497,342     $ 1,499,998  

 

Geographic net sales information reflects the destination of the product shipped. Long-lived assets information is based upon the physical location of the asset.

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
(in thousands)   2012     2011     2012     2011  
                         
Geographic net sales:                                
United States   $ 444,082     $ 395,415     $ 1,321,460     $ 1,151,548  
Asia     94,693       86,493       290,078       243,791  
Europe     60,010       76,037       189,853       258,748  
Other Foreign     11,984       12,138       32,826       39,857  
                                 
    $ 610,769     $ 570,083     $ 1,834,217     $ 1,693,944  

 

    September 30,     December 31,  
    2012     2011  
             
Long-lived assets:                
United States   $ 75,783     $ 70,756  
Asia     106,271       98,675  
Europe     11,360       11,817  
Other     15,193       17,744  
                 
    $ 208,607     $ 198,992