Business segments and other information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Business segments and other information

The following tables present our segment results for the years ended December 31, 2022, 2021 and 2020:

	Year Ended December 31,
	2022		2021		2020
Americas	$	1,653,724	$	1,659,309	$	1,465,035
EMEA	558,373		606,807		584,859
Asia	306,320		297,766		267,016
OEM	272,624		245,681		220,246
Net revenues	$	2,791,041	$	2,809,563	$	2,537,156

	Year Ended December 31,
	2022		2021		2020
Americas	$	452,030	$	424,225	$	401,391
EMEA	42,465		94,865		81,348
Asia	82,786		84,648		51,238
OEM	65,379		56,210		44,852
Total segment operating profit (1)	642,660		659,948		578,829
Unallocated expenses (2)	(142,935)		(31,853)		(155,761)
Income from continuing operations before interest, loss on extinguishment of debt and taxes	$	499,725	$	628,095	$	423,068

(1) Segment operating profit includes segment net revenues from external customers reduced by its standard cost of goods sold, adjusted for fixed manufacturing cost absorption variances, selling, general and administrative expenses, research and development expenses and an allocation of corporate expenses. Commencing on January 1, 2022, all corporate expenses are allocated amongst the segments in proportion to the respective amounts of net revenues. The change in the measure of segment operating profit does not impact period over period comparability because the change was immaterial. For the year ended December 31, 2021, corporate expenses were allocated among the segments in proportion to the respective amounts of one of several items (such as sales, numbers of employees, and amount of time spent), depending on the category of expense involved.

(2) Unallocated expenses primarily include manufacturing variances other than fixed manufacturing cost absorption variances, restructuring and impairment charges and gain on sale of business.

	Year Ended December 31,
	2022		2021		2020
Americas	$	162,898	$	164,102	$	151,111
EMEA	39,957		45,022		47,012
Asia	10,107		11,140		13,594
OEM	17,628		17,098		15,535
Consolidated depreciation and amortization	$	230,590	$	237,362	$	227,252

Total Net Revenues and Total Net Property, Plant and Equipment by Geographic Region

The following tables provide total net revenues and total net property, plant and equipment by geographic region for the years ended December 31, 2022, 2021 and 2020 and as of December 31, 2022 and 2021, respectively.

	Year Ended December 31,
	2022		2021		2020
Net revenues (based on selling location):
U.S.	$	1,786,467	$	1,769,488	$	1,567,144
Europe	622,343		665,000		646,577
Asia Pacific	270,749		263,022		230,267
All other	111,482		112,053		93,168
	$	2,791,041	$	2,809,563	$	2,537,156
			As of December 31,
Net property, plant and equipment:			2022		2021
U.S.			$	193,618	$	206,876
Malaysia			73,441		72,541
Mexico			82,334		69,471
All other			97,812		94,870
			$	447,205	$	443,758