XML 114 R47.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Segment Information (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting Information, Revenue for Reportable Segment [Abstract]  
Measurements Used by Management to Assess Performance of Segments
The following table illustrates certain measurements used by management to assess the performance of the segments described above as of and for the years ended December 31 (in thousands):
 
2019
 
2018
 
2017
Net sales:
 
 
 
 
 
Renewable Energy and Conservation
$
373,023

 
$
317,253

 
$
306,351

Residential Products
461,630

 
463,216

 
466,603

Industrial and Infrastructure Products
213,805

 
223,006

 
215,211

Less: Intersegment sales
(1,019
)
 
(1,103
)
 
(1,247
)
Net Industrial and Infrastructure Products
212,786

 
221,903

 
213,964

Total consolidated net sales
$
1,047,439

 
$
1,002,372

 
$
986,918

 
 
 
 
 
 
Income from operations:
 
 
 
 
 
Renewable Energy and Conservation
$
47,558

 
$
37,423

 
$
30,218

Residential Products
63,047

 
69,838

 
76,893

Industrial and Infrastructure Products
13,455

 
15,336

 
8,159

Segments income from operations
124,060

 
122,597

 
115,270

Unallocated corporate expenses
(36,221
)
 
(28,629
)
 
(22,421
)
Total income from operations
$
87,839

 
$
93,968

 
$
92,849

 
 
 
 
 
 
Depreciation and Amortization
 
 
 
 
 
Renewable Energy and Conservation
$
6,132

 
$
5,790

 
$
5,657

Residential Products
7,906

 
8,217

 
9,183

Industrial and Infrastructure Products
5,521

 
6,035

 
6,529

Unallocated corporate expenses
390

 
332

 
321

 
$
19,949

 
$
20,374

 
$
21,690

Total assets
 
 
 
 
 
Renewable Energy and Conservation
$
246,853

 
$
218,048

 
$
219,806

Residential Products
359,657

 
361,499

 
358,838

Industrial and Infrastructure Products
203,465

 
210,482

 
203,455

Unallocated corporate assets
174,475

 
271,616

 
209,286

 
$
984,450

 
$
1,061,645

 
$
991,385

Capital expenditures
 
 
 
 
 
Renewable Energy and Conservation
$
2,199

 
$
1,345

 
$
3,648

Residential Products
4,968

 
7,921

 
5,236

Industrial and Infrastructure Products
3,436

 
3,016

 
2,094

Unallocated corporate expenditures
581

 
175

 
421

 
$
11,184

 
$
12,457

 
$
11,399










Disaggregation of Revenue
The following tables illustrate revenue disaggregated by timing of transfer of control to the customer for the years ended December 31 (in thousands):
 
2019
 
Renewable Energy and Conservation
 
Residential Products
 
Industrial and Infrastructure Products
 
Total
Net sales:
 
 
 
 
 
 
 
Point in Time
$
42,596

 
$
458,006

 
$
175,696

 
$
676,298

Over Time
330,427

 
3,624

 
37,090

 
371,141

Total
$
373,023

 
$
461,630

 
$
212,786

 
$
1,047,439

 
 
 
 
 
 
 
 
 
2018
 
Renewable Energy and Conservation
 
Residential Products
 
Industrial and Infrastructure Products
 
Total
Net sales:
 
 
 
 
 
 
 
Point in Time
$
33,427

 
$
460,513

 
$
188,081

 
$
682,021

Over Time
283,826

 
2,703

 
33,822

 
320,351

Total
$
317,253

 
$
463,216

 
$
221,903

 
$
1,002,372

 
 
 
 
 
 
 
 
 
2017
 
Renewable Energy and Conservation
 
Residential Products
 
Industrial and Infrastructure Products
 
Total
Net sales:
 
 
 
 
 
 
 
Point in Time
$
30,137

 
$
466,603

 
$
213,964

 
$
710,704

Over Time
276,214

 

 

 
276,214

Total
$
306,351

 
$
466,603

 
$
213,964

 
$
986,918


Net Sales by Region or Origin and Long-Lived Assets by Region of Domicile
Net sales by region or origin and long-lived assets by region of domicile for the years ended and as of December 31 are as follows (in thousands):
 
2019
 
2018
 
2017
Net sales
 
 
 
 
 
North America
$
1,030,638

 
$
990,772

 
$
977,942

Europe

 

 
1,131

Asia
16,801

 
11,600

 
7,845

Total
$
1,047,439

 
$
1,002,372

 
$
986,918

 
 
 
 
 
 
Long-lived assets
 
 
 
 
 
North America
$
96,847

 
$
96,342

 
$
97,956

Europe

 

 
3,222

Asia
542

 
704

 
601

Total
$
97,389

 
$
97,046

 
$
101,779