Segment Information

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Segment Information

Segment Information

Our business is aggregated into the following two reportable segments:

•Mobile Solutions, which is focused on growth in the automotive and general industrial end markets; and

•Power Solutions, which is focused on growth in the electrical, general industrial, automotive, aerospace, defense, and medical end markets.

These divisions are considered our two operating segments as each engages 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.

The following tables present results of operations by reportable segment.

	Mobile Solutions		Power Solutions		Corporate and Consolidations			Total
Three Months Ended March 31, 2022
Net sales	$	76,070	$	52,011	$	(14)	(a)	$	128,067
Income (loss) from operations	1,969		364		(5,753)			(3,420)
Interest expense								(3,439)
Other								2,996
Loss from operations before income taxes and share of net income from joint venture								$	(3,863)
Three Months Ended March 31, 2021
Net sales	$	77,776	$	49,075	$	(47)	(a)	$	126,804
Income (loss) from operations	6,090		2,432		(7,544)			978
Interest expense								(2,024)
Other								(6,018)
Loss from operations before income taxes and share of net income from joint venture								$	(7,064)

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(a)Includes elimination of intersegment transactions occurring during the ordinary course of business.