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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2015
Segment Reporting [Abstract]  
Segment Information about Reported Product Revenues, Depreciation and Amortization and Operating Income (Loss)

The tables below present segment information about the reported product revenues and operating income of the Company for years ended December 31, 2015, 2014 and 2013. With the exception of goodwill, asset information by segment is not reported since the Company does not manage assets at a segment level. As of December 31, 2015, goodwill assigned to our Automotive and Industrial segments were $21,614 and $6,151, respectively.  As of December 31, 2014, goodwill assigned to our Automotive and Industrial segments were  $24,140 and $6,258, respectively.  

 

 

  

Automotive

 

  

Industrial

 

  

Reconciling
Items

 

 

Consolidated
Total

 

2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenues

 

$

810,567

 

 

$

45,878

 

 

$

 

 

$

856,445

 

Depreciation and amortization

 

 

27,251

 

 

 

1,726

 

 

 

2,052

 

 

 

31,029

 

Operating income (loss)

 

 

170,358

 

 

 

(2,461

)

 

 

(46,578

)

 

 

121,319

 

2014:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenues

 

$

787,065

 

 

$

24,235

 

 

$

 

 

$

811,300

 

Depreciation and amortization

 

 

30,016

 

 

 

2,114

 

 

 

2,899

 

 

 

35,029

 

Operating income (loss)

 

 

144,645

 

 

 

(9,661

)

 

 

(36,550

)

 

 

98,434

 

2013:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenues

 

$

662,082

 

 

$

 

 

$

 

 

$

662,082

 

Depreciation and amortization

 

 

28,439

 

 

 

323

 

 

 

2,487

 

 

 

31,249

 

Operating income (loss)

 

 

91,255

 

 

 

(5,860

)

 

 

(35,011

)

 

 

50,384

 

 

Product Revenues Information by Geographic Area

Revenue (based on shipment destination) by geographic area is as follows:

 

 

 

2015

 

 

%

 

 

2014

 

 

%

 

 

2013

 

 

%

 

United States

 

$

393,206

 

 

 

46

%

 

$

361,706

 

 

 

45

%

 

$

292,079

 

 

 

44

%

South Korea

 

 

84,758

 

 

 

10

%

 

 

89,515

 

 

 

11

%

 

 

58,329

 

 

 

9

%

China

 

 

76,864

 

 

 

9

%

 

 

69,910

 

 

 

9

%

 

 

70,671

 

 

 

11

%

Germany

 

 

74,003

 

 

 

9

%

 

 

90,243

 

 

 

11

%

 

 

84,035

 

 

 

13

%

Japan

 

 

46,058

 

 

 

5

%

 

 

47,528

 

 

 

6

%

 

 

39,844

 

 

 

6

%

Mexico

 

 

28,274

 

 

 

3

%

 

 

19,590

 

 

 

2

%

 

 

15,670

 

 

 

2

%

Czech Republic

 

 

28,273

 

 

 

3

%

 

 

25,738

 

 

 

3

%

 

 

17,247

 

 

 

3

%

Canada

 

 

27,076

 

 

 

3

%

 

 

20,293

 

 

 

2

%

 

 

14,254

 

 

 

2

%

United Kingdom

 

 

25,952

 

 

 

3

%

 

 

24,712

 

 

 

3

%

 

 

18,864

 

 

 

3

%

Other

 

 

71,981

 

 

 

9

%

 

 

62,065

 

 

 

8

%

 

 

51,089

 

 

 

7

%

Total Non U.S.

 

 

463,239

 

 

 

54

%

 

 

449,594

 

 

 

56

%

 

 

370,003

 

 

 

56

%

 

 

$

856,445

 

 

 

100

%

 

$

811,300

 

 

 

100

%

 

$

662,082

 

 

 

100

%

 

Percentage of Total Product Revenues Generated from Customers

We rely on three customers, two domestic and one foreign, to derive a significant portion of our product revenues.  The table below lists the percentage of total product revenues generated from sales to these customers:

 

 

  

2015

 

  

2014

 

  

2013

 

Johnson Controls (domestic)

 

 

23

%

 

 

24

%

 

 

27

%

Lear (domestic)

 

 

22

%

 

 

21

%

 

 

18

%

Bosch (foreign)

 

 

9

%

 

 

9

%

 

 

10

%