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Operating Segments and Geographic Information
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Operating Segments and Geographic Information Operating Segments and Geographic Information
We are organized around two global businesses: Enterprise Solutions and Industrial Solutions. Each of the global businesses represents a reportable segment. The segments design, manufacture, and market a portfolio of signal transmission solutions for mission critical applications used in a variety of end markets. We sell the products manufactured by our segments through distributors or directly to systems integrators, original equipment manufacturers (OEMs), end-users, and installers.
The key measures of segment profit or loss reviewed by our chief operating decision maker are Segment Revenues and Segment EBITDA. Segment Revenues represent non-affiliate revenues. Segment EBITDA excludes certain items, including depreciation expense; amortization of intangibles; asset impairment; severance, restructuring, and acquisition integration costs; purchase accounting effects related to acquisitions, such as the adjustment of acquired inventory to fair value; and other costs. We allocate corporate expenses to the segments for purposes of measuring Segment EBITDA. Corporate expenses are allocated on the basis of each segment’s relative EBITDA prior to the allocation.
Our measure of segment assets does not include cash, goodwill, intangible assets, deferred tax assets, or corporate assets. All goodwill is allocated to reporting units of our segments for purposes of impairment testing.
Operating Segment Information
Enterprise SolutionsYears ended December 31,
 202120202019
 (In thousands)
Segment revenues$1,074,426 $872,415 $946,041 
Segment EBITDA143,236 99,333 126,925 
Depreciation expense21,594 20,655 19,771 
Amortization of intangibles17,595 21,662 22,324 
Amortization of software development intangible assets94 245 175 
Adjustments related to acquisitions and divestitures(6,828)125 592 
Severance, restructuring, and acquisition integration costs13,800 7,720 10,808 
Acquisition of property, plant and equipment36,726 25,223 42,289 
Segment assets563,141 462,615 487,125 

Industrial SolutionsYears ended December 31,
 202120202019
 (In thousands)
Segment revenues$1,333,674 $990,301 $1,185,237 
Segment EBITDA227,946 147,626 226,110 
Depreciation expense24,346 21,815 20,638 
Amortization of intangibles20,751 42,733 52,285 
Amortization of software development intangible assets2,806 1,576 350 
Adjustments related to acquisitions and divestitures1,792 — — 
Severance, restructuring, and acquisition integration costs10,092 4,538 15,736 
Goodwill and other asset impairment140,461 — — 
Acquisition of property, plant and equipment47,401 44,675 35,189 
Segment assets652,188 522,637 504,482 

Total SegmentsYears ended December 31,
 202120202019
 (In thousands)
Segment revenues$2,408,100 $1,862,716 $2,131,278 
Segment EBITDA371,182 246,959 353,035 
Depreciation expense45,940 42,470 40,409 
Amortization of intangibles38,346 64,395 74,609 
Amortization of software development intangible assets2,900 1,821 525 
Adjustments related to acquisitions and divestitures(5,036)125 592 
Severance, restructuring, and acquisition integration costs23,892 12,258 26,544 
Goodwill and other asset impairment140,461 — — 
Acquisition of property, plant and equipment84,127 69,898 77,478 
Segment assets1,215,329 985,252 991,607 
The following table is a reconciliation of the total of the reportable segments’ Revenues and EBITDA to consolidated revenues and consolidated income from continuing operations before taxes, respectively.

 Years Ended December 31,
 202120202019
(In thousands)
Segment Revenues and Consolidated Revenues$2,408,100 $1,862,716 $2,131,278 
Total Segment EBITDA$371,182 $246,959 $353,035 
Goodwill and other asset impairment(140,461)— — 
Depreciation expense(45,940)(42,470)(40,409)
Amortization of intangibles(38,346)(64,395)(74,609)
Severance, restructuring, and acquisition integration costs (1)(23,892)(12,258)(26,544)
Amortization of software development intangible assets(2,900)(1,821)(525)
Adjustments related to acquisitions and divestitures (2)5,036 (125)(592)
Eliminations(119)(480)(3,149)
Consolidated operating income124,560 125,410 207,207 
Interest expense, net(62,695)(58,888)(55,814)
Non-operating pension benefit (cost)4,476 (395)1,017 
Gain on sale of note receivable27,036 — — 
Loss on debt extinguishment(5,715)— — 
Consolidated income from continuing operations before taxes$87,662 $66,127 $152,410 

(1)See Note 15, Severance, Restructuring, and Acquisition Integration Activities, for details.
(2)In 2021, we collected $2.2 million of receivables associated with the sale of Grass Valley and acquisition of SPC that were previously written off, reduced the Opterna earn-out liability by $5.8 million, recognized cost of sales of $2.3 million related to purchase accounting adjustments of acquired inventory to fair value for the OTN Systems acquisition, and recognized a $0.6 million loss on the sale of tangible assets. In 2020 and 2019, we collectively recognized $0.1 million and $0.6 million, respectively, of cost of sales related to acquisition accounting adjustments of acquired inventory to fair value for both our SPC and Opterna acquisitions.
Below are reconciliations of other segment measures to the consolidated totals. 
 Years Ended December 31,
 202120202019
 (In thousands)
Total segment assets$1,215,329 $985,252 $991,607 
Cash and cash equivalents
643,757 501,994 407,480 
Goodwill
1,152,472 1,251,938 1,243,669 
Intangible assets, less accumulated amortization
301,696 287,071 339,505 
Deferred income taxes
32,321 29,536 25,216 
Corporate assets
72,102 83,943 24,147 
Assets of discontinued operations
— — 375,135 
Total assets$3,417,677 $3,139,734 $3,406,759 
Total segment acquisition of property, plant and equipment$84,127 $69,898 $77,478 
    Corporate acquisition of property, plant and equipment6,855 3,605 3,110 
Discontinued operations acquisition of property, plant and equipment— 16,712 29,414 
Total acquisition of property, plant and equipment$90,982 $90,215 $110,002 
Geographic Information
The Company attributes foreign sales based on the location of the customer purchasing the product. The table below summarizes net sales and long-lived assets for the years ended December 31, 2021, 2020, and 2019 for the following countries: the U.S., Canada, China, and Germany. No other individual foreign country’s net sales or long-lived assets are material to the Company.
United
 States		CanadaChinaGermanyAll OtherTotal
 (In thousands, except percentages)
Year ended December 31, 2021
Revenues$1,273,239 $191,493 $149,036 $113,529 $680,803 $2,408,100 
Percent of total revenues53 %8 %6 %5 %28 %100 %
Long-lived assets$181,002 $12,666 $46,776 $37,208 $106,986 $384,638 
Year ended December 31, 2020
Revenues$1,015,340 $119,700 $111,835 $91,187 $524,654 $1,862,716 
Percent of total revenues55 %6 %6 %5 %28 %100 %
Long-lived assets$163,731 $32,063 $44,824 $63,100 $114,286 $418,004 
Year ended December 31, 2019
Revenues$1,167,033 $162,975 $109,522 $92,913 $598,835 $2,131,278 
Percent of total revenues55 %8 %5 %4 %28 %100 %
Long-lived assets$152,214 $16,452 $40,247 $48,272 $101,179 $358,364 
Major Customer
Revenues generated in both the Enterprise Solutions and Industrial Solutions segments from our largest customer were approximately $374.8 million (16% of revenues), $271.6 million (15% of revenues), and $328.2 million (15% of revenues) for the years ended December 31, 2021, 2020, and 2019, respectively. At December 31, 2021 and 2020, we had $40.5 million and $17.5 million in accounts receivable outstanding from this customer, which represented approximately 10% and 6% of our total accounts receivable balance as of December 31, 2021 and 2020, respectively.