XML 70 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment And Geographic Information
12 Months Ended
Dec. 31, 2012
Segment And Geographic Information [Abstract]  
Segment And Geographic Information

Note 12—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:

 

    Year Ended December 31,  
(in thousands)   2012     2011     2010  
Net sales:                        
Americas   $ 1,440,298     $ 1,360,943     $ 1,538,034  
Asia     978,093       867,008       864,627  
Europe     139,684       166,730       164,196  
Elimination of intersegment sales     (89,925 )     (141,651 )     (164,714 )
    $ 2,468,150     $ 2,253,030     $ 2,402,143  
                         
Depreciation and amortization:                        
Americas   $ 14,755     $ 16,670     $ 20,031  
Asia     15,180       12,859       13,444  
Europe     2,544       2,664       2,913  
Corporate     3,234       3,291       3,442  
    $ 35,713     $ 35,484     $ 39,830  
                         
Income from operations:                        
Americas   $ 60,320     $ 46,170     $ 64,632  
Asia     51,978       30,804       57,721  
Europe     1,117       7       3,488  
Corporate and intersegment eliminations     (37,856 )     (35,688 )     (37,395 )
    $ 75,559     $ 41,293     $ 88,446  
                         
Capital expenditures:                        
Americas   $ 19,437     $ 18,008     $ 18,486  
Asia     25,636       47,413       14,283  
Europe     2,274       4,592       2,233  
Corporate     1,688       1,984       1,036  
    $ 49,035     $ 71,997     $ 36,038  
Total assets:                        
Americas   $ 569,212     $ 650,998     $ 583,724  
Asia     636,481       610,596       515,414  
Europe     200,563       197,132       243,872  
Corporate and other     95,221       41,272       134,058  
    $ 1,501,477     $ 1,499,998     $ 1,477,068  

 

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

 

    Year Ended December 31,  
(in thousands)   2012     2011     2010  
Geographic net sales:                        
United States   $ 1,739,794     $ 1,518,940     $ 1,764,544  
Asia     398,890       346,267       216,599  
Europe     273,560       333,781       367,599  
Other     55,906       54,042       53,401  
    $ 2,468,150     $ 2,253,030     $ 2,402,143  
                         
Long-lived assets:                        
United States   $ 76,216     $ 70,756     $ 72,386  
Asia     107,151       98,675       67,365  
Europe     10,948       11,817       9,785  
Other     15,200       17,744       16,237  
    $ 209,515     $ 198,992     $ 165,773