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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016, 2015 and 2014. 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, 2016, goodwill assigned to our Automotive and Industrial segments were $20,962 and $30,773, respectively.  As of December 31, 2015, goodwill assigned to our Automotive and Industrial segments were  $21,614 and $6,151, respectively.  

 

 

  

Automotive

 

  

Industrial

 

  

Reconciling
Items

 

 

Consolidated
Total

 

2016:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenues

 

$

847,436

 

 

$

70,164

 

 

$

 

 

$

917,600

 

Depreciation and amortization

 

 

31,826

 

 

 

3,789

 

 

 

2,149

 

 

 

37,764

 

Operating income (loss)

 

 

174,035

 

 

 

(16,710

)

 

 

(51,206

)

 

 

106,119

 

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

 

 

Product Revenues Information by Geographic Area

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

 

 

 

2016

 

 

%

 

 

2015

 

 

%

 

 

2014

 

 

%

 

United States

 

$

449,065

 

 

 

49

%

 

$

393,206

 

 

 

46

%

 

$

361,706

 

 

 

45

%

China

 

 

80,493

 

 

 

9

%

 

 

76,864

 

 

 

9

%

 

 

69,910

 

 

 

9

%

South Korea

 

 

75,396

 

 

 

8

%

 

 

84,758

 

 

 

10

%

 

 

89,515

 

 

 

11

%

Germany

 

 

70,258

 

 

 

8

%

 

 

74,003

 

 

 

9

%

 

 

90,243

 

 

 

11

%

Japan

 

 

45,103

 

 

 

5

%

 

 

46,058

 

 

 

5

%

 

 

47,528

 

 

 

6

%

Czech Republic

 

 

38,164

 

 

 

4

%

 

 

28,273

 

 

 

3

%

 

 

25,738

 

 

 

3

%

Canada

 

 

37,954

 

 

 

4

%

 

 

27,076

 

 

 

3

%

 

 

20,293

 

 

 

2

%

United Kingdom

 

 

28,540

 

 

 

3

%

 

 

25,952

 

 

 

3

%

 

 

24,712

 

 

 

3

%

Mexico

 

 

22,767

 

 

 

2

%

 

 

28,274

 

 

 

3

%

 

 

19,590

 

 

 

2

%

Other

 

 

69,860

 

 

 

8

%

 

 

71,981

 

 

 

9

%

 

 

62,065

 

 

 

8

%

Total Non U.S.

 

 

468,535

 

 

 

51

%

 

 

463,239

 

 

 

54

%

 

 

449,594

 

 

 

56

%

 

 

$

917,600

 

 

 

100

%

 

$

856,445

 

 

 

100

%

 

$

811,300

 

 

 

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:

 

 

  

2016

 

  

2015

 

  

2014

 

Adient (domestic)

 

 

21

%

 

 

23

%

 

 

24

%

Lear (domestic)

 

 

21

%

 

 

22

%

 

 

21

%

Bosch (foreign)

 

 

8

%

 

 

9

%

 

 

9

%