XML 45 R33.htm IDEA: XBRL DOCUMENT v3.21.2
Business Segments (Tables)
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Summary of Net Sales and Results of Operations and Total Assets by Reportable Segment

 

(Dollars in thousands)

 

Net Sales

 

 

Income (loss) from Operations

 

Three Months Ended

 

June 30,

2021

 

 

June 30,

2020

 

 

June 30,

2021

 

 

June 30,

2020

 

North America

 

$

176,990

 

 

$

58,916

 

 

$

7,542

 

 

$

(19,792

)

Europe

 

 

170,474

 

 

 

85,919

 

 

 

7,978

 

 

 

(14,325

)

 

 

$

347,464

 

 

$

144,835

 

 

$

15,520

 

 

$

(34,117

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

Depreciation and Amortization

 

 

Capital Expenditures

 

Three Months Ended

 

June 30,

2021

 

 

June 30,

2020

 

 

June 30,

2021

 

 

June 30,

2020

 

North America

 

$

9,499

 

 

$

8,420

 

 

$

3,447

 

 

$

5,876

 

Europe

 

 

16,110

 

 

 

15,504

 

 

 

6,625

 

 

 

3,020

 

 

 

$

25,609

 

 

$

23,924

 

 

$

10,072

 

 

$

8,896

 

 

(Dollars in thousands)

 

Net Sales

 

 

Income (loss) from Operations

 

Six Months Ended

 

June 30,

2021

 

 

June 30,

2020

 

 

June 30,

2021

 

 

June 30,

2020

 

North America

 

$

368,961

 

 

$

214,467

 

 

$

25,383

 

 

$

(13,683

)

Europe

 

 

336,699

 

 

 

231,480

 

 

 

15,856

 

 

 

(203,449

)

 

 

$

705,660

 

 

$

445,947

 

 

$

41,239

 

 

$

(217,132

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

Depreciation and Amortization

 

 

Capital Expenditures

 

Six Months Ended

 

June 30,

2021

 

 

June 30,

2020

 

 

June 30,

2021

 

 

June 30,

2020

 

North America

 

$

18,720

 

 

$

17,225

 

 

$

8,107

 

 

$

12,436

 

Europe

 

 

32,250

 

 

 

31,091

 

 

 

12,444

 

 

 

10,325

 

 

 

$

50,970

 

 

$

48,316

 

 

$

20,551

 

 

$

22,761

 

 

(Dollars in thousands)

 

Property, Plant and Equipment, net

 

 

Intangible Assets

 

 

 

June 30,

2021

 

 

December 31,

2020

 

 

June 30,

2021

 

 

December 31,

2020

 

North America

 

$

209,016

 

 

$

220,145

 

 

$

 

 

$

 

Europe

 

 

294,070

 

 

 

301,979

 

 

 

93,942

 

 

 

110,796

 

 

 

$

503,086

 

 

$

522,124

 

 

$

93,942

 

 

$

110,796

 

 

(Dollars in thousands)

 

Total Assets

 

 

 

June 30,

2021

 

 

December 31,

2020

 

North America

 

$

494,285

 

 

$

479,873

 

Europe

 

 

654,070

 

 

 

629,452

 

 

 

$

1,148,355

 

 

$

1,109,325

 

 

 

Net sales and long-lived assets by location are as follows:

 

(Dollars in thousands)

 

Three Months Ended

 

 

Six Months Ended

 

 

 

 

June 30,

2021

 

 

June 30,

2020

 

 

June 30,

2021

 

 

June 30,

2020

 

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S.

 

$

1,549

 

 

$

3,619

 

 

$

2,819

 

 

$

19,796

 

 

Mexico

 

 

175,441

 

 

 

55,297

 

 

 

366,142

 

 

 

194,671

 

 

Germany

 

 

62,511

 

 

 

33,726

 

 

 

123,398

 

 

 

83,764

 

 

Poland

 

 

107,963

 

 

 

52,193

 

 

 

213,301

 

 

 

147,716

 

 

Consolidated net sales

 

$

347,464

 

 

$

144,835

 

 

$

705,660

 

 

$

445,947

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

Property, Plant and Equipment, net

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

2021

 

 

December 31,

2020

 

 

U.S.

 

 

 

 

 

 

 

 

 

$

4,343

 

 

$

7,324

 

 

Mexico

 

 

 

 

 

 

 

 

 

 

204,673

 

 

 

212,821

 

 

Germany

 

 

 

 

 

 

 

 

 

 

82,527

 

 

 

82,162

 

 

Poland

 

 

 

 

 

 

 

 

 

 

211,543

 

 

 

219,817

 

 

Property, plant and equipment, net

 

 

 

 

 

 

 

 

 

$

503,086

 

 

$

522,124