Segment Information (Tables)

3 Months Ended

Mar. 27, 2021

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

Segment information is summarized as follows: 

	Three Months Ended
(in thousands)	March 27, 2021		March 28, 2020
Net sales
Electronics	$	286,535	$	214,189
Automotive	128,529		104,770
Industrial	48,730		27,137
Total net sales	$	463,794	$	346,096
Depreciation and amortization
Electronics	$	15,381	$	15,531
Automotive	7,073		7,187
Industrial	1,744		1,084
Total depreciation and amortization	$	24,198	$	23,802
Operating income
Electronics	$	55,523	$	32,272
Automotive	20,316		14,116
Industrial	3,506		3,534
Other(a)	(2,864)		(5,172)
Total operating income	76,481		44,750
Interest expense	4,673		5,418
Foreign exchange loss	6,837		2,584
Other (income) expense, net	(7,737)		1,249
Income before income taxes	$	72,708	$	35,499

(a) Included in “Other” Operating income for the first quarter of 2021 was $3.5 million of purchase accounting inventory step-up charges, $0.8 million of legal and professional fees and other expenses related to Hartland and other contemplated acquisitions and $0.4 million of restructuring, impairment and other charges, primarily related to employee termination costs. See Note 7, Restructuring, Impairment and Other Charges, for further discussion. In addition, there was a $1.9 million gain from the sale of a building within the Electronics segment.

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
(in thousands)	March 27, 2021		March 28, 2020
Net sales
United States	$	130,931	$	102,910
China	139,158		86,015
Other countries(a)	193,705		157,171
Total net sales	$	463,794	$	346,096

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

(in thousands)	March 27, 2021		December 26, 2020
Long-lived assets
United States	$	48,908	$	46,132
China	85,280		85,876
Mexico	72,499		70,125
Germany	36,227		37,976
Philippines	66,956		66,994
Other countries(a)	35,044		37,075
Total long-lived assets	$	344,914	$	344,178

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

	Three Months Ended
(in thousands)	March 27, 2021		March 28, 2020
Additions to long-lived assets
United States	$	683	$	580
China	2,142		1,657
Mexico	6,121		2,592
Germany	593		753
Philippines	2,443		3,218
Other countries(a)	754		2,508
Total additions to long-lived assets	$	12,736	$	11,308

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