Segment Information (Tables)

9 Months Ended

Sep. 26, 2020

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

Segment information is summarized as follows: 

	Three Months Ended				Nine Months Ended
(in thousands)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Net sales
Electronics	$	255,349	$	227,252	$	692,809	$	752,199
Automotive	104,724		104,681		271,493		326,814
Industrial	31,493		30,038		80,697		86,337
Total net sales	$	391,566	$	361,971	$	1,044,999	$	1,165,350
Depreciation and amortization
Electronics	$	15,819	$	14,960	$	46,967	45,031
Automotive	7,370		7,067		21,628		20,848
Industrial	1,140		1,061		3,270		3,177
Total depreciation and amortization	$	24,329	$	23,088	$	71,865	$	69,056
Operating income
Electronics	$	45,860	$	34,567	$	110,783	$	127,233
Automotive	15,383		11,437		20,642		34,987
Industrial	4,898		6,822		8,409		16,158
Other(a)	(1,583)		(5,659)		(42,476)		(17,904)
Total operating income	64,558		47,167		97,358		160,474
Interest expense	4,988		5,559		16,261		16,834
Foreign exchange (gain) loss	(6,174)		4,968		(9,600)		5,636
Other income, net	(1,682)		(4,764)		(1,643)		(3,406)
Income before income taxes	$	67,426	$	41,404	$	92,340	$	141,410

(a) Included in “Other” Operating income for the third quarter of 2020 is $0.3 million ($1.6 million year-to-date) of acquisition-related and integration charges related to the IXYS acquisition and other contemplated acquisitions. In addition, there was $1.3 million ($40.9 million year-to-date) of restructuring, impairment and other charges, primarily related to employee termination costs of $1.2 million ($4.6 million year-to-date), and other restructuring charges of $0.1 million ($0.2 million year-to-date), the goodwill impairment charge of $33.8 million recorded in the second quarter associated with the automotive sensors reporting unit within the Automotive segment, and impairment charges of $2.2 million recorded in the first quarter associated with the

announced consolidation of a manufacturing facility within the Industrial segment. See Note 4, Goodwill and Other Intangible Assets and Note 6, Restructuring, Impairment and Other Charges, for further discussion.

Schedule of disclosure on geographic areas, long-lived assets in individual foreign countries by country

The Company’s net sales by country were as follows:

	Three Months Ended				Nine Months Ended
(in thousands)	September 26, 2020		September 28, 2019		September 26, 2020		September 28, 2019
Net sales
United States	$	106,121	$	105,292	$	285,901	$	340,811
China	126,506		101,960		314,547		316,553
Other countries(a)	158,939		154,719		444,551		507,986
Total net sales	$	391,566	$	361,971	$	1,044,999	$	1,165,350

 The Company’s long-lived assets by country were as follows:

(in thousands)	September 26, 2020		December 28, 2019
Long-lived assets
United States	$	52,009	$	58,081
China	82,956		88,306
Mexico	68,346		73,096
Germany	37,611		36,025
Philippines	64,171		51,738
Other countries(a)	34,777		37,371
Total long-lived assets	$	339,870	$	344,617

The Company’s additions to long-lived assets by country were as follows:

	Nine Months Ended
(in thousands)	September 26, 2020		September 28, 2019
Additions to long-lived assets
United States	$	2,712	$	4,972
China	6,414		12,418
Mexico	7,291		12,650
Germany	3,793		4,335
Philippines	15,331		9,546
Other countries(a)	1,152		3,454
Total additions to long-lived assets	$	36,693	$	47,375

(a)Each country included in other countries is less than 10% of net sales.