Segment Information (Tables)

6 Months Ended

Jun. 26, 2021

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

Segment information is summarized as follows: 

	Three Months Ended				Six Months Ended
(in thousands)	June 26, 2021		June 27, 2020		June 26, 2021		June 27, 2020
Net sales
Electronics	$	325,347	$	223,271	$	611,882	$	437,460
Automotive	133,318		61,999		261,847		166,769
Industrial	64,823		22,067		113,553		49,204
Total net sales	$	523,488	$	307,337	$	987,282	$	653,433
Depreciation and amortization
Electronics	$	15,114	$	15,617	$	30,495	31,148
Automotive	6,946		7,071		14,019		14,258
Industrial	2,155		1,046		3,899		2,130
Total depreciation and amortization	$	24,215	$	23,734	$	48,413	$	47,536
Operating income (loss)
Electronics	$	74,236	$	32,651	$	129,759	$	64,923
Automotive	19,258		(8,857)		39,574		5,259
Industrial	8,375		(23)		11,881		3,511
Other(a)	(5,612)		(35,721)		(8,476)		(40,893)
Total operating income (loss)	96,257		(11,950)		172,738		32,800
Interest expense	4,626		5,855		9,299		11,273
Foreign exchange (gain) loss	(1,676)		(6,010)		5,161		(3,426)
Other (income) expense, net	(1,890)		(1,210)		(9,627)		39
Income (loss) before income taxes	$	95,197	$	(10,585)	$	167,905	$	24,914

(a) Included in “Other” Operating income for the second quarter of 2021 was $3.3 million ($6.8 million year-to-date) of purchase accounting inventory step-up charges, $0.5 million ($1.3 million year-to-date) of legal and professional fees and other integration expenses related to Hartland and other contemplated acquisitions, and $0.8 million ($1.3 million year-to-date) 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 loss of $1.0 million recorded during the second quarter of 2021 for a total year-to-date gain of $0.9 million 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				Six Months Ended
(in thousands)	June 26, 2021		June 27, 2020		June 26, 2021		June 27, 2020
Net sales
United States	$	154,797	$	76,870	$	285,728	$	179,780
China	156,086		102,026		295,244		188,041
Other countries(a)	212,605		128,441		406,310		285,612
Total net sales	$	523,488	$	307,337	$	987,282	$	653,433

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

(in thousands)	June 26, 2021		December 26, 2020
Long-lived assets
United States	$	47,509	$	46,132
China	87,497		85,876
Mexico	76,700		70,125
Germany	37,447		37,976
Philippines	69,308		66,994
Other countries(a)	34,365		37,075
Total long-lived assets	$	352,826	$	344,178

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

	Six Months Ended
(in thousands)	June 26, 2021		June 27, 2020
Additions to long-lived assets
United States	$	1,732	$	2,026
China	7,127		4,516
Mexico	13,231		4,260
Germany	2,533		2,509
Philippines	6,941		9,039
Other countries(a)	1,793		687
Total additions to long-lived assets	$	33,357	$	23,037

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