Business Segments

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Business Segments

NOTE 5 - BUSINESS SEGMENTS

Our North American and European operations represent separate operating segments in view of significantly different markets, customers, and products between these regions. Within each of these regions, markets, customers, products, and production processes are similar and production can be readily transferred between production facilities. Moreover, our business within each region leverages common systems, processes, and infrastructure. Accordingly, North America and Europe comprise the Company’s reportable segments.

	Net Sales				Income (Loss) from Operations
Year Ended December 31,	2020		2019		2020			2019
(Dollars in thousands)
North America	$	550,079	$	704,320	$	8,872		$	16,713
Europe		550,681		668,167		(189,307	)		(66,772	)
	$	1,100,760	$	1,372,487	$	(180,435	)	$	(50,059	)

	Depreciation and Amortization				Capital Expenditures
Year Ended December 31,	2020		2019		2020		2019
(Dollars in thousands)
North America	$	34,935	$	38,845	$	24,929	$	22,464
Europe		63,243		61,877		20,109		41,830
	$	98,178	$	100,722	$	45,038	$	64,294

	Property, Plant and Equipment, net				Goodwill and Intangible Assets
Year Ended December 31,	2020		2019		2020		2019
(Dollars in thousands)
North America	$	220,145	$	237,372	$	—	$	—
Europe		301,979		291,910		110,796		321,910
	$	522,124	$	529,282	$	110,796	$	321,910

	Total Assets
Year Ended December 31,	2020		2019
(Dollars in thousands)
North America	$	479,873	$	484,689
Europe		629,452		827,178
	$	1,109,325	$	1,311,867

Geographic information

See table below for our net sales and long-lived assets by location:

	Net Sales				Property, Plant and Equipment, net
Year Ended December 31,	2020		2019		2020		2019
(Dollars in thousands)
U.S.	$	27,919	$	104,476	$	7,324	$	14,146
Mexico		522,160		599,844		212,821		223,226
Germany		212,689		245,805		82,162		74,030
Poland		337,992		422,362		219,817		217,880
	$	1,100,760	$	1,372,487	$	522,124	$	529,282