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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2019

Segment Information about Reported Product Revenues, Depreciation and Amortization and Operating Income (Loss)

Note 4 – Segment Reporting – Continued

The tables below present segment information about the reported product revenues, depreciation and amortization and operating income (loss) of the Company for three-month period ended March 31, 2019 and 2018. 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 March 31, 2019, goodwill assigned to our Automotive and Industrial segments were $36,943 and $17,778, respectively. As of March 31, 2018, goodwill assigned to our Automotive and Industrial segments were $39,666 and $30,773, respectively.

Three Months Ended March 31,	Automotive		Industrial⁽¹⁾			Reconciling Items			Consolidated Total

2019:
Product revenues	$	242,357	$	15,564		$	—		$	257,921
Depreciation and amortization		10,296		290			466			11,052
Operating income (loss)		39,896		(4,514	)		(13,537	)		21,845
2018:
Product revenues⁽¹⁾	$	242,716	$	21,870		$	—		$	264,586
Depreciation and amortization		10,809		1,351			732			12,892
Operating income (loss)		41,282		(6,798	)		(13,835	)		20,649

(1)

Industrial segment includes $3,418 and $10,213 in product revenues, $0 and $625 in depreciation and amortization, and $198 and $600 in operating income from CSZ-IC for the three-month periods ended March 31, 2019 and 2018, respectively. On February 1, 2019, we completed the sale of CSZ-IC.

Segment Information About Reported Segment Product Revenues by Product Category

Automotive and Industrial segment product revenues by product category for the three months ended March 31, 2019 and 2018 are as follows:

	Three Months Ended March 31,
	2019		2018		% Change
Climate Control Seats (CCS)	$	94,354	$	88,218	7.0		%
Seat Heaters		73,920		84,220	(12.2	)	%
Steering Wheel Heaters		16,970		17,557	(3.3	)	%
Automotive Cables		23,749		26,865	(11.6	)	%
Battery Thermal Management (BTM)^(a)		10,745		4,161	158.2		%
Electronics		12,852		15,188	(15.4	)	%
Other Automotive		9,767		6,212	57.2		%
Subtotal Automotive	$	242,357	$	242,421	—		%
Remote Power Generation (GPT)		3,959		4,662	(15.1	)	%
Industrial Chambers		3,418		10,213	(66.5	)	%
Gentherm Medical		8,187		7,290	12.3		%
Subtotal Industrial	$	15,564	$	22,165	(29.8	)	%
Total Company	$	257,921	$	264,586	(2.5	)	%

Battery Thermal Management or BTM product revenues include Gentherm’s automotive grade, low cost, heat resistant fans and blowers used by customer for battery cooling through ventilation and production level shipments of the advanced TED based active cool system.

Product Revenues Information by Geographic Area

Note 4 – Segment Reporting – Continued

Total product revenues information by geographic area is as follows (based on shipment destination):

	Three Months Ended March 31,
	2019				2018
United States	$	118,454	46	%	$	120,350	46	%
Germany		23,210	9	%		22,362	8	%
Japan		18,591	7	%		13,573	5	%
China		15,597	6	%		24,204	9	%
South Korea		14,978	6	%		13,822	5	%
Czech Republic		12,142	5	%		11,715	5	%
Canada		10,291	4	%		13,113	5	%
United Kingdom		8,832	3	%		10,845	4	%
Romania		6,922	3	%		6,298	2	%
Other		28,904	11	%		28,304	11	%
Total Non-U.S.		139,467	54	%		144,236	54	%
	$	257,921	100	%	$	264,586	100	%