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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2018
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, depreciation and amortization and operating income (loss) of the Company for three and six-month periods ended June 30, 2018 and 2017. 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 June 30, 2018, goodwill assigned to our Automotive and Industrial segments were $38,072 and $30,773, respectively. As of June 30, 2017, goodwill assigned to our Automotive and Industrial segments were $22,724 and $30,773, respectively.

Three Months Ended June 30,

  

Automotive

 

  

Industrial

 

  

Reconciling
Items

 

 

Consolidated
Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenues

 

$

240,823

 

 

$

22,956

 

 

$

 

 

$

263,779

 

Depreciation and amortization

 

 

10,970

 

 

 

1,301

 

 

 

660

 

 

 

12,931

 

Restructuring expenses

 

 

2,529

 

 

 

3,686

 

 

 

 

 

 

6,215

 

Operating income (loss)

 

 

37,240

 

 

 

(7,881

)

 

 

(13,766

)

 

 

15,593

 

2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenues

 

$

215,812

 

 

$

27,566

 

 

$

 

 

$

243,378

 

Depreciation and amortization

 

 

9,048

 

 

 

1,288

 

 

 

663

 

 

 

10,999

 

Operating income (loss)

 

 

40,066

 

 

 

(2,719

)

 

 

(12,211

)

 

 

25,136

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Six Months Ended June 30,

  

Automotive

 

  

Industrial

 

  

Reconciling
Items

 

 

Consolidated
Total

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenues

 

$

480,842

 

 

$

44,826

 

 

$

 

 

$

525,668

 

Depreciation and amortization

 

 

21,779

 

 

 

2,652

 

 

 

1,392

 

 

 

25,823

 

Restructuring expenses

 

 

3,247

 

 

 

3,833

 

 

 

 

 

 

7,080

 

Operating income (loss)

 

 

78,404

 

 

 

(14,561

)

 

 

(27,601

)

 

 

36,242

 

2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Product revenues

 

$

437,645

 

 

$

55,000

 

 

$

 

 

$

492,645

 

Depreciation and amortization

 

 

17,179

 

 

 

2,706

 

 

 

1,306

 

 

 

21,191

 

Operating income (loss)

 

 

90,743

 

 

 

(5,134

)

 

 

(25,633

)

 

 

59,976

 

 

Product Revenues Information by Geographic Area

Total product revenues information by geographic area is as follows:

 

 

Three Months Ended June 30,

 

 

2018

 

 

2017

 

United States

$

123,512

 

 

 

47

%

 

$

114,141

 

 

 

47

%

China

 

24,927

 

 

 

9

%

 

 

19,962

 

 

 

8

%

Germany

 

23,626

 

 

 

9

%

 

 

17,694

 

 

 

7

%

South Korea

 

15,783

 

 

 

6

%

 

 

17,754

 

 

 

7

%

Japan

 

13,275

 

 

 

5

%

 

 

13,093

 

 

 

5

%

Canada

 

12,590

 

 

 

5

%

 

 

11,113

 

 

 

5

%

Czech Republic

 

11,106

 

 

 

4

%

 

 

9,944

 

 

 

4

%

United Kingdom

 

8,467

 

 

 

3

%

 

 

8,439

 

 

 

4

%

Mexico

 

4,848

 

 

 

2

%

 

 

5,322

 

 

 

2

%

Other

 

25,645

 

 

 

10

%

 

 

25,916

 

 

 

11

%

Total Non-U.S.

 

140,267

 

 

 

53

%

 

 

129,237

 

 

 

53

%

 

$

263,779

 

 

 

100

%

 

$

243,378

 

 

 

100

%

 


Note 5 – Segment Reporting – Continued

 

 

Six Months Ended June 30,

 

 

2018

 

 

2017

 

United States

$

243,862

 

 

 

46

%

 

$

233,664

 

 

 

47

%

China

 

49,131

 

 

 

9

%

 

 

40,427

 

 

 

8

%

Germany

 

45,988

 

 

 

9

%

 

 

35,562

 

 

 

7

%

South Korea

 

29,605

 

 

 

6

%

 

 

34,145

 

 

 

7

%

Japan

 

26,848

 

 

 

5

%

 

 

27,376

 

 

 

6

%

Canada

 

25,703

 

 

 

5

%

 

 

22,042

 

 

 

5

%

Czech Republic

 

22,821

 

 

 

4

%

 

 

20,651

 

 

 

4

%

United Kingdom

 

19,312

 

 

 

4

%

 

 

18,107

 

 

 

4

%

Mexico

 

11,146

 

 

 

2

%

 

 

10,692

 

 

 

2

%

Other

 

51,252

 

 

 

10

%

 

 

49,979

 

 

 

10

%

Total Non-U.S.

 

281,806

 

 

 

54

%

 

 

258,981

 

 

 

53

%

 

$

525,668

 

 

 

100

%

 

$

492,645

 

 

 

100

%