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Segment Information
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Segment Information Segment Information
Our business has historically been aggregated into the following three reportable segments.
Mobile Solutions. Mobile Solutions is focused on growth in the general industrial and automotive end markets. We have developed an expertise in manufacturing highly complex, system critical components for fuel systems, engines and transmissions, power steering systems, and electromechanical motors on a high-volume basis. This expertise has been gained through investment in technical capabilities, processes and systems, and skilled program management and product launch capabilities.
Power Solutions. Power Solutions is focused on growth in the electrical and aerospace and defense end markets, while
also serving the automotive and medical end markets. Within this group we combine materials science expertise with advanced engineering and production capabilities to design and manufacture a broad range of high-precision metal and plastic components, assemblies, and finished devices used in applications ranging from power control to flight control and for military devices. We manufacture a variety of products including electrical contacts, connectors, contact assemblies, and precision stampings for the electrical end market and high precision products for the aerospace and defense end market utilizing our extensive process technologies for optical grade plastics, thermally conductive plastics, titanium, Inconel, magnesium, and electroplating. Our medical business includes the production of a variety of tools and instruments for the orthopaedics and medical/surgical end markets.
Life Sciences. Life Sciences was focused on growth in the medical end market, primarily in the orthopaedics and medical/surgical end markets. Within this group we combined advanced engineering and production capabilities to design and manufacture a broad range of high-precision metal and plastic components, assemblies, and finished devices. We manufactured a variety of components, assemblies, and instruments, such as surgical knives, bioresorbable implants, surgical staples, cases and trays, orthopaedic implants and tools, laparoscopic devices, and drug delivery devices for the orthopaedics and medical/surgical end markets.
These divisions have historically been considered our three operating segments as each has engaged in business activities for which it earns revenues and incurs expenses, discrete financial information is available for each, and this is the level at which the chief operating decision maker reviews discrete financial information for purposes of allocating resources and assessing performance. See Note 2 for information regarding the sale of the Life Sciences business on October 6, 2020. The results of the Life Sciences business are classified as discontinued operations for all periods in the consolidated financial statements and accompanying notes unless otherwise stated. Accordingly, results of the Life Sciences business are not included in the tabular presentation below.
The following tables present results of continuing operations by reportable segment.
Mobile
Solutions
Power
Solutions
Corporate
and
Consolidations
Total
Year Ended December 31, 2020   
Net sales$256,360 $171,269 $(95)(a)$427,534 
Depreciation and amortization28,298 15,730 1,652 45,680 
Goodwill impairment— 92,942 — 92,942 
Income (loss) from operations5,228 (85,983)(36,702)$(117,457)
Interest expense(18,898)
Other(15,733)
Loss from continuing operations before income taxes and share of net income from joint venture$(152,088)
Share of net income from joint venture$3,626 $— $— $3,626 
Expenditures for long-lived assets12,400 2,754 203 15,357 
Total assets370,985 (b)197,348 56,629 624,962 
Mobile
Solutions
Power
Solutions
Corporate
and
Consolidations
Total
Year Ended December 31, 2019
Net sales$297,749 $192,100 $(335)(a)$489,514 
Depreciation and amortization27,146 15,301 2,449 44,896 
Income (loss) from operations9,553 13,881 (41,027)$(17,593)
Interest expense(13,030)
Other(1,502)
Loss from continuing operations before income taxes and share of net income from joint venture$(32,125)
Share of net income from joint venture$1,681 $— $— $1,681 
Expenditures for long-lived assets24,969 4,457 2,743 32,169 
Total assets373,256 (b)310,545 858,183 (c)1,541,984 
Mobile
Solutions
Power
Solutions
Corporate
and
Consolidations
Total
Year Ended December 31, 2018
Net sales$335,037 $189,778 $(621)(a)$524,194 
Depreciation and amortization26,217 14,753 2,056 43,026 
Goodwill impairment73,442 109,100 — 182,542 
Loss from operations(55,079)(95,115)(44,853)$(195,047)
Interest expense(11,315)
Other(2,016)
Loss from continuing operations before income taxes and share of net loss from joint venture$(208,378)
Share of net loss from joint venture$(14,390)$— $— $(14,390)
Expenditures for long-lived assets36,660 6,459 6,158 49,277 
_______________________________
(a) Includes eliminations of intersegment transactions which occur during the ordinary course of business.
(b) Total assets in Mobile Solutions includes $27.0 million and $21.8 million as of December 31, 2020 and 2019, respectively, related to the investment in our 49% owned joint venture (Note 10).
(c) Total assets in Corporate and Consolidations includes $812.1 million in assets of discontinued operations.
The following table summarizes long-lived tangible assets by geographical region.
 Property, Plant, and Equipment, Net
As of December 31,
 20202019
United States$130,077 $158,444 
Europe$40,663 $38,082 
Asia33,854 33,058 
Mexico1,230 1,388 
South America17,866 25,005 
All foreign locations$93,613 $97,533 
Total$223,690 $255,977