Benchmark Electronics (BHE) 10-Q 9 May 18 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 07, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Entity Registrant Name	BENCHMARK ELECTRONICS INC
Entity Central Index Key	863,436
Trading Symbol	BHE
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		47,482,451
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets
Cash and cash equivalents	$ 676,327	$ 742,546
Accounts receivable, net of allowance for doubtful accounts of $105 and $105, respectively	403,767	436,560
Contract assets	147,623	146,496
Inventories	305,980	268,917
Prepaid expenses and other assets	31,729	36,018
Income taxes receivable	66	120
Total current assets	1,565,492	1,630,657
Property, plant and equipment, net of accumulated depreciation of $438,435 and $432,043, respectively	200,422	186,473
Goodwill	191,616	191,616
Deferred income taxes	4,034	4,034
Other, net	96,442	96,524
Total assets	2,058,006	2,109,304
Current liabilities:
Current installments of long-term debt and capital lease obligations	19,746	18,274
Accounts payable	368,625	362,701
Income taxes payable	12,808	11,663
Accrued liabilities	83,652	85,679
Total current liabilities	484,831	478,317
Long-term debt and capital lease obligations, less current installments	187,601	193,406
Other long-term liabilities	90,270	89,749
Deferred income taxes	47,973	8,694
Shareholders' equity:
Common stock, $0.10 par value; 145,000 shares authorized; issued and outstanding - 47,572 and 49,143, respectively	4,757	4,914
Additional paid-in capital	608,092	634,192
Retained earnings	640,466	708,181
Accumulated other comprehensive loss	(5,984)	(8,149)
Total shareholders' equity	1,247,331	1,339,138
Total liabilities and shareholders' equity	$ 2,058,006	$ 2,109,304

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Condensed Consolidated Balance Sheets [Abstract]
Allowance for doubtful accounts, accounts receivable	$ 105	$ 105
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment	$ 438,435	$ 432,043
Preferred shares, par value	$ 0.1	$ 0.1
Preferred shares, shares authorized	5,000	5,000
Preferred shares, issued	0	0
Common stock, par value	$ 0.1	$ 0.1
Common stock, shares authorized	145,000	145,000
Common stock, issued	47,572	49,143
Common stock, outstanding	47,572	49,143

Consolidated Statements Of Inco

Consolidated Statements Of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Condensed Consolidated Statements Of Income (Loss) [Abstract]
Revenues	$ 608,136	$ 557,903
Cost of sales	549,818	510,371
Gross profit	58,318	47,532
Selling, general and administrative expenses	35,750	32,651
Amortization of intangible assets	2,366	2,481
Restructuring charges and other costs	2,235	1,511
Income from operations	17,967	10,889
Interest expense	(2,428)	(2,225)
Interest income	1,933	1,074
Other income (expense), net	43	(81)
Income before income taxes	17,515	9,657
Income tax expense	41,156	1,102
Net income (loss)	$ (23,641)	$ 8,555
Earnings (loss) per share:
Basic	$ (0.49)	$ 0.17
Diluted	$ (0.49)	$ 0.17
Weighted-average number of shares outstanding:
Basic	48,517	49,511
Diluted	48,517	50,080

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Consolidated Statements Of Comprehensive Income [Abstract]
Net income (loss)	$ (23,641)	$ 8,555
Other comprehensive income:
Foreign currency translation adjustments	1,332	608
Unrealized gain on investments, net of tax	0	4
Unrealized gain on derivative, net of tax	833	365
Other	0	(13)
Other comprehensive income	2,165	964
Comprehensive income (loss)	$ (21,476)	$ 9,519

Consolidated Statements Of Shar

Consolidated Statements Of Shareholders' Equity - 3 months ended Mar. 31, 2018 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock [Member]	Additional Paid In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]
Balances, shares at Dec. 31, 2017	49,143	49,143
Balances, value at Dec. 31, 2017	$ 1,339,138	$ 4,914	$ 634,192	$ 708,181	$ (8,149)
Stock-based compensation expense	$ 2,870	$ 0	2,870	0	0
Shares repurchased and retired, shares	(1,911)	(1,911)
Shares repurchased and retired, value	$ (68,381)	$ (191)	(31,252)	(36,938)	0
Stock options exercised, shares	168	168
Stock options exercised, value	$ 3,079	$ 17	3,062	0	0
Vesting of restricted stock units, shares	198	198
Vesting of restricted stock units, value	$ 0	$ 20	(20)	0	0
Shares withheld for taxes, shares	(26)	(26)
Shares withheld for taxes, value	$ (763)	$ (3)	(760)	0	0
Dividend	(7,136)	0	0	(7,136)	0
Net income (loss)	(23,641)	0	0	(23,641)	0
Other comprehensive income	$ 2,165	$ 0	0	0	2,165
Balances, shares at Mar. 31, 2018	47,572	47,572
Balances, value at Mar. 31, 2018	$ 1,247,331	$ 4,757	$ 608,092	$ 640,466	$ (5,984)

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net income (loss)	$ (23,641)	$ 8,555
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	9,541	9,320
Amortization	2,843	2,953
Deferred income taxes	39,000	74
Asset impairments	0	0
Gain on the sale of property, plant and equipment	(46)	(197)
Stock-based compensation expense	2,870	2,160
Excess tax benefit from stock-based compensation	0	0
Changes in operating assets and liabilities, net of effects from business acquisitions:
Accounts receivable	33,419	59,685
Contract assets	(1,127)	6,561
Inventories	(38,210)	(29,582)
Prepaid expenses and other assets	5,944	(3,292)
Accounts payable	2,337	16,225
Accrued liabilities	(9,116)	5,256
Income taxes	716	187
Net cash provided by operations	24,530	77,905
Cash flows from investing activities:
Proceeds from sales of investments at par	0	0
Additions to property, plant and equipment	(20,059)	(7,012)
Proceeds from the sale of property, plant and equipment	57	217
Additions to purchased software	(818)	(566)
Business acquisitions, net of cash acquired	0	0
Other	(179)	(108)
Net cash used in investing activities	(20,999)	(7,469)
Cash flows from financing activities:
Proceeds from stock options exercised	3,079	5,141
Excess tax benefits from stock-based compensation	0	0
Employee taxes paid for shares withheld	(763)	(358)
Borrowings under credit agreement	50,000	0
Principal payments on long-term debt and capital lease obligations	(54,551)	(3,082)
Share repurchases	(58,381)	(1,000)
Equity forward contract related to accelerated share repurchase	(10,000)	0
Debt issuance costs	0	(434)
Net provided by (used in) financing activities	(70,616)	267
Effect of exchange rate changes	866	341
Net increase (decrease) in cash and cash equivalents	(66,219)	71,044
Cash and cash equivalents at beginning of year	742,546	681,433
Cash and cash equivalents at end of period	$ 676,327	$ 752,477

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2018
Basis of Presentation [Abstract]
Basis of Presentation	Note 1 – Basis of Presentation Benchmark Electronics, Inc. (the Company) is a Texas corporation that provides worldwide engineering services, integrated technology solutions and manufacturing services (both electronic manufacturing services (EMS) and precision technology manufacturing services) to original equipment manufacturers (OE Ms) in the following industries: industrial controls, aerospace and defense (A&D), telecommunications, computers and related products for business enterprises, medical devices, and test and instrumentation . The Company has manufacturing operations located in the United States and Mexico (the Americas ) , Asia and Europe. The unaudited condensed consolidated financial statements included herein have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission (t he SEC). The financial statements reflect all normal and recurring adjustments necessary in the opinion of management for a fair presentation of the financial position, results of operations and cash flows for the interim periods presented. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year. The accompanying unaudited condensed consolidated financial statements should be read in conjunction with the financial statements and n ote s included in the Company’s annual r eport on Form 10 -K for the year ended December 31, 2017 (the 2017 10-K). Management has made a number of estimates and assumptions relating to the reporting of assets and liabilities and the disclosure of continge nt assets and liabilities to prepare these financial statements in accordance with generally accepted accounting principles in the United States (U.S. GAAP) . Actual results could differ from those estimates and assumptions.

Impact Of Recently Enacted Acco

Impact Of Recently Enacted Accounting Standards	3 Months Ended
	Mar. 31, 2018
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Impact of Recently Enacted Accounting Standards	Note 2 – New Accounting Pronouncements Adopted in 2018 In May 2017, the Financial Accounting Standards Board (FASB) issued a new accounting standards update that provides guidance about which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. The Company adopted the new guidance effective January 1, 2018. The impact of adoption on the Company's consolidated financial statements is depe ndent on future changes to stock -based compen sation awards. In August 2016, the FASB issued a new accounting standards update, which seeks to reduce the existing diversity in how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The Company adopted this new update effective January 1, 2018. The adoption of this guidance had no impact on the consolidated financial statements of the Company . In May 2014, the FASB issued a new standard (commonly referred to as ASC 606), which change d the way the Company recognizes r evenue and significantly expanded the disclosure requirements for revenue arrangements. The Company adopted ASC 606 with a date of the initial application of January 1, 2018. As a result, the Company has changed its account ing policy for revenue recognition as detailed below. The Company applied ASC 606 using the full retrospective transition method. The Company elected the ASC 606 practical expedient and does not disclose the information about remaining performance obligat ions that have original expected durations of one year or less . Amounts prior to January 1, 2018 that have been adjusted in accordance with ASC 606 as described herein are noted “as adjusted”. Previously, the Company recognized revenue from the sale of ma nufactured products built to customer specifications and excess inventory when t itle and risk of ownership passed, the price to the buyer wa s fixed or d eterminable and recoverability wa s reasonably assured, which was generally when the goods were shipped. Under ASC 606, the Company recognizes revenue as the customer takes control of the products. Under the majority of the Company’s manufacturing contracts with customers, the customer controls all of the work-in-progress as products are being built. Revenues under these contracts are recognized progressively based on the cost-to-cost method. Accordingly, the Company will recognize revenue under these contracts earlier than under the previous accounting rules . Under other manufacturing contracts, the customer does not take control of the product until it is completed. Under these contracts, the Company continues to recognize re venue upon transfer of control of product to the customer . Revenue from design, development and engineering services also continues to b e recognized over time as the services are performed. The following table s summarize the impacts of ASC 606 adoption on the Company’s 2017 consolidated financial statements. Condensed Consolidated Balance Sheet December 31, 2017 Impact of changes in accounting policies As previously (in thousands) reported Adjustments As adjusted Cash and cash equivalents $ 742,546 $ - $ 742,546 Accounts receivable, net 436,560 - 436,560 Contract assets - 146,496 146,496 Inventories 397,181 (128,264) 268,917 Prepaid expenses and other assets 42,263 (6,245) 36,018 Income taxes receivable 120 - 120 Property, plant and equipment, net 186,473 - 186,473 Goodwill 191,616 - 191,616 Deferred income taxes 4,034 - 4,034 Other, net 96,524 - 96,524 Total assets $ 2,097,317 $ 11,987 $ 2,109,304 Current installments of long-term debt and capital lease obligations $ 18,274 $ - $ 18,274 Accounts payable 362,701 - 362,701 Income taxes payable 11,662 1 11,663 Accrued liabilities 85,679 - 85,679 Long-term debt and capital lease obligations, less current installments 193,406 - 193,406 Other long-term liabilities 89,749 - 89,749 Deferred income taxes 7,027 1,667 8,694 Total liabilities 768,498 1,668 770,166 Common stock 4,914 - 4,914 Additional paid-in capital 634,192 - 634,192 Retained earnings 697,862 10,319 708,181 Accumulated other comprehensive loss (8,149) - (8,149) Total shareholders’ equity 1,328,819 10,319 1,339,138 Total liabilities and shareholders’ equity $ 2,097,317 $ 11,987 $ 2,109,304 Condensed Consolidated Statement of Income Three Months Ended March 31, 2017 Impact of changes in accounting policies As previously (in thousands, except per share data) reported Adjustments As adjusted Sales $ 566,501 $ (8,598) $ 557,903 Cost of sales (517,441) 7,070 (510,371) Selling, general and administrative expenses (32,651) - (32,651) Amortization of intangible assets (2,481) - (2,481) Restructuring charges and other costs (1,511) - (1,511) Interest expense (2,225) - (2,225) Interest income 1,074 - 1,074 Other expense, net (81) - (81) Income tax expense (1,498) 396 (1,102) Net income $ 9,687 $ (1,132) $ 8,555 Earnings per share: Basic $ 0.20 $ (0.02) $ 0.17 Diluted $ 0.19 $ (0.02) $ 0.17 Weighted-average number of shares outstanding: Basic 49,511 49,511 49,511 Diluted 50,080 50,080 50,080 Condensed Consolidated Statement of Cashflows Three Months Ended March 31, 2017 Impact of changes in accounting policies As previously (in thousands) reported Adjustments As adjusted Net income $ 9,687 $ (1,132) $ 8,555 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 9,320 - 9,320 Amortization 2,953 - 2,953 Deferred income taxes 1,041 (967) 74 Gain on the sale of property, plant and equipment (197) - (197) Stock-based compensation expense 2,160 - 2,160 Changes in operating assets and liabilities: Accounts receivable 59,685 - 59,685 Contract assets - 6,561 6,561 Inventories (22,512) (7,070) (29,582) Prepaid expenses and other assets (5,329) 2,037 (3,292) Accounts payable 16,225 - 16,225 Accrued liabilities 5,256 - 5,256 Income taxes (384) 571 187 Net cash provided by operations 77,905 - 77,905 Net cash used in investing activities (7,469) - (7,469) Net cash provided by financing activities 267 - 267 Effect of exchange rate changes 341 - 341 Net increase in cash and cash equivalents 71,044 - 71,044 Cash and cash equivalents at beginning of year 681,433 - 681,433 Cash and cash equivalents at end of period $ 752,477 $ - $ 752,477 Other The Company’s performance obligations generally have an expected duration of one year or less. The Company applies the practical expedients and does not disclose information about remaining performance obligations that have original expected durations of one year or less or any significant financin g components in the contracts. The Company recognizes the incremental costs, if any, of obtaining contracts as an expense when incurred since the amortization period of the assets that the Company o therwise would h ave recognized is one year less . Not Yet Adopted In February 2018, the FASB issued new accounting guidance on the reclassification of certain tax effects from accumulated other comprehensive income to retained earnings. This optional guidance is effective January 1, 2019, with early adoption permitted. The Company is evaluating whether it will adopt this new guidance along with any impacts on the Company’s financial position, results of operations and cash flows, none of which are expected to be material. In June 2016, the FASB issue d a new accounting standards update, which replaces the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform c redit loss estimates. This update is effective for annual reporting periods beginning after December 15, 2019. The Company does not expect the implementation of this update to have a material impact on its consolidated financial position, results of operat ions or cash flows. In February 2016, the FASB issued a new accounting standards update changing the accounting for leases , including a requirement to record all leases on the consolidated balance sheets as assets and liabilities. This update is effective for fiscal years beginning after December 15, 2018. The Company will adopt this update effective January 1, 2019, which will impact its consolidated balance sheet. The Company is currently evaluating the impact this standard will have on its consolidated financial statements. The Company has determined that other recently issued accounting standards will either have no material impact on its consolidated financial pos ition, results of operations or cash flows, or will not apply to its operat ions.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2018
Revenue From Contract With Customer [Abstract]
Revenue	Note 3 – Revenue The Company’s revenues are generated primarily from the sale of manufactured products bui lt to customer specifications. The Company also generates revenue from design, development and engineering services, in addition to the sale of excess inventory. Revenue is measured based on a consideration specified in a contract with a customer. The Company recognizes revenue when it satisfies a performance obligation by transferring control over a manufactured product to a customer. The Co mpany’s contracts with customers are short-term in nature. Customers are generally billed when the product is shipped or as services are performed. Under the majority of the Company’s manufacturing contracts with customers, the customer controls all of the work-in-progress as products are being built. Revenues under these contracts are recognized progressively based on the cost-to-cost method. For other manufacturing contracts, the customer does not take control of the product until it is completed. Under t hese contracts, the Company recognizes revenue upon transfer of control of product to the customer . Revenue from design, development and engineering services is recognized over time as the services are performed. The Company assumes no significant obligati ons after shipment as it typically warrants workmanship only. Therefore, the warranty provisions are generally not significant. If the Company had recorded revenue, but not issued an invoice, a contract asset is recognized. The contract asset is transferr ed to accounts receivable when the entitlement to payment becomes unconditional. Taxes assessed by governmental authorities that are both imposed on and concurrent with a specific revenue-producing transaction, that are collected by the Company from a cus tomer, are excluded from revenue. Shipping and handling costs associated with outbound freight after control over a product has transferred to a customer are accounted for as fulfillment costs and are included in cost of sales . Disaggregation of revenue In the following table, revenue is d isaggregated by market sector. The table also includes a reconciliation of the disaggregated revenue with the reportable operating segments. Reportable Operating Segments March 31, 2018 (in thousands) Americas Asia Europe Total Market Sector: Industrials $ 52,729 $ 53,657 $ 18,174 $ 124,560 A&D 88,414 1,130 8,323 97,867 Medical 54,992 38,263 4,032 97,287 Test and instrumentation 45,869 39,233 17,112 102,214 Computing 86,221 14,900 2,417 103,538 Telecommunication 43,894 38,085 691 82,670 External revenue 372,119 185,268 50,749 608,136 Elimination of intersegment sales 6,666 9,854 47 16,567 Segment revenue $ 378,785 $ 195,122 $ 50,796 $ 624,703 March 31, 2017 (as adjusted) Americas Asia Europe Total Market Sector: Industrials $ 54,097 $ 45,791 $ 17,298 $ 117,186 A&D 93,409 132 6,359 99,900 Medical 47,601 32,477 4,847 84,925 Test and instrumentation 32,654 34,694 8,402 75,750 Computing 77,813 19,566 2,880 100,259 Telecommunication 47,914 31,164 805 79,883 External revenue 353,488 163,824 40,591 557,903 Elimination of intersegment sales 7,832 15,480 53 23,365 Segment revenue $ 361,320 $ 179,304 $ 40,644 $ 581,268 F or the three months ended March 31, 2018 and 2017 , 94.4% and 95.7%, respectively , of the Company’s revenue was recognized as products and services are transferred over time .

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2018
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 4 – Stock-Based Compensation The Company’s 2010 Omnibus Incentive Compensation Plan (the 2010 Plan) authorizes, the Company, upon approval of the Compensation Committee of the Board of Directors, to grant a variety of awards, including stock options, restricted shares and restricted stock units (both time-based and performance-based) and other forms of equity awards, or any combination thereof, to any director, officer, employee or consultant (including any prospective director, officer, emplo yee or consultant) of the Company. Stock options (which have not been awarded since 2015) are granted to employees with an exercise price equal to the market price of the Company’s common shares on the date of grant, generally vest over a four-year period from the date of grant and have a term of 10 years. Time-based restricted stock units granted to employees generally vest over a four-year period from the date of grant, subject to the continued employment of the employee by the Company. Performance-based restricted stock units generally vest over a three-year performance cycle, which includes the year of the grant, and are based upon the Company’s achievement of specified performance metrics. Awards under the 2010 Plan to non-employee directors have been i n the form of restricted stock units, which vest in equal quarterly installments over a one-year period, starting on the grant date . As of March 31, 2018 , 2.8 million additional common shares were available f or issuance under the Company’s 2010 Plan . All share-based payments to employees, including grants of employee stock options, are recognized in the financial statements based on their grant date fair values. The total compensation cost recognized for stock-based awards was $2.9 mil lion and $ 2 . 2 million for the three months ended March 31, 2018 and 2017 , respectively. The total income tax benefit recognized in the condensed consolidated income statement for stock-based awards was $0.7 million and $ 0.8 million for the three months ended March 31, 2018 and 2017 , respectively. The compensation expense for stock-based awards is recognized over the vesting period of the awards using the straight-line method. The fair value of each option grant is estimated on the date of grant using the Black-Scholes option pricing model . Awards of restricted stock units and performa nce-based restricted stock units are valued at the closing market price of the Company’s common shares on the date of grant. For performance-based restricted stock units, compensation expense is based on the probability that the performance goals will be a chieved, which is monitored by management throughout the requisite service period. When it becomes probable, based on the Company’s expectation of performance during the measurement period, that more or less than the previous estimate of the awarded shares will vest, an adjustment to stock-based compensation expense is recognized as a change in accounting estimate . As of March 31, 2018 , the unrecognized compensation cost and remaining weighted-average amortization period related to stock-based awards were as follows: Performance- based Restricted Restricted Stock Stock Stock (in thousands, except remaining period data) Options Units Units (1) Unrecognized compensation cost $ 266 $ 18,401 $ 5,985 Remaining weighted-average amortization period 0.9 years 3.1 years 2.1 years (1) Based on the probable achievement of the performance goals identified in each award. The total cash received by the Company as a result of stock option exercises for the three months ended March 31, 2018 and 2017 was a pproximately $3.1 million and $5.1 million, respectively. The actual tax benefit realized as a result of stock option exercises and the vesting of other share-based awards during the three months ended March 31, 2018 and 2017 was $1.8 million and $ 2.8 million, respectively. For the three months ended March 31, 2018 and 2017 , the total intrinsic value of stock options exercised was $2.0 million and $ 3.1 million, respectively. The Company awarde d performance-based restricted stock units to employees during the three months ended March 31, 2018 and 2017 . The number of performance-based restricted stock units that will ultimately be earned will not be determined until the end of the corresponding performance periods, and may vary from as low as zero to as high as 2.5 times the target number depending on the level of achievement of certain performance goals. The level of achievement of these goals is based upon the financial re sults of the Company for the last full calendar year within the performance period. The performance goals consist of certain levels of achievement using the following financial metrics: revenue growth, operating margin expansion, and return on invested cap ital. If the performance goals are not met based on the Company’s financial results, the applicable performance-based restricted stoc k units will not vest and will be forfeited. Shares subject to forfeited performance-based restricted stock units will be a vailable for issuance under the Company’s 2010 Plan . The following table summarizes activities relating to the Company’s stock options: Weighted- Weighted- Average Aggregate Number of Average Remaining Intrinsic Options Exercise Contractual Value (in thousands) Price Term (Years) (in thousands) Outstanding as of December 31, 2017 596 $19.72 Exercised (168) 18.40 Forfeited or expired (19) 22.97 Outstanding as of March 31, 2018 409 $20.12 4.99 $ 3,985 Exercisable as of March 31, 2018 372 $19.82 3.95 $ 3,735 The aggregate intrinsic value in the table above is before income taxes and is calculated as the difference between the exercise price of the underlying options and the Company’s closing stock price as of the last business day of the period ended March 31, 2018 for options that had exercise prices that were below the closing price. The following table summarizes the activities related to the Company’s ti me-based restricted stock units: Weighted- Number of Average Units Grant Date (in thousands) Fair Value Non-vested awards outstanding as of December 31, 2017 593 $27.47 Granted 333 30.01 Vested (198) 26.21 Forfeited (56) 26.60 Non-vested awards outstanding as of March 31, 2018 672 $29.18 The following table summarizes the activi ties related to the Company’s performance-based restricted stock units: Weighted- Number of Average Units Grant Date (in thousands) Fair Value Non-vested units outstanding as of December 31, 2017 346 $26.88 Granted (1) 109 29.92 Forfeited or expired (145) 23.97 Non-vested units outstanding as of March 31, 2018 310 $29.31 (1) Represents target number of units that can vest based on the achievement of the performance goals.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Note 5 – Earnings Per Share Basic earnings per share is computed using the weighted-average number of shares outstanding. Diluted earnings per share is computed using the weighted-average number of shares outstanding adjusted for the incremental shares attributed to outstanding stock equivalents. Stock equivalents include common shares issuable upon the exercise of stock options and other equity instruments, and are computed using the treasury stock method. Under the treasury stock method, the exercise price of a share, the amount of compensation cost, if any, for future service that the Company has not yet recognized are assumed to be used to repurchase shares in the current period . The following table sets forth the calculation of basic and diluted earnings per share : Three Months Ended March 31, (in thousands, except per share data) 2018 2017 Net income (loss) $ (23,641) $ 8,555 Denominator for basic earnings per share - weighted-average number of common shares outstanding during the period 48,517 49,511 Incremental common shares attributable to exercise of dilutive options — 361 Incremental common shares attributable to outstanding restricted stock units — 208 Denominator for diluted earnings per share 48,517 50,080 Basic earnings (loss) per share $(0.49) $0.17 Diluted earnings (loss) per share $(0.49) $0.17 Potentially dilutive securities totaling 0.3 million common shares for the three months ended March 31, 2018 were not included in the computation of diluted loss per share because their effect would have decreased the loss per share.

Goodwill And Other Intangible A

Goodwill And Other Intangible Assets	3 Months Ended
	Mar. 31, 2018
Goodwill And Other Intangible Assets [Abstract]
Goodwill And Other Intangible Assets	Note 6 – Goodwill and Other Intangible Assets G oodwill allocated to the Co mpany’s reportable segments was as follows: (in thousands) Americas Asia Total Goodwill as of December 31, 2017 and March 31, 2018 $ 153,514 $ 38,102 $ 191,616 Other assets consist primarily of acquired identifiable intangible assets and capitalized purchased software costs. I ntangible assets as of March 31, 2018 and December 31, 2017 were as follows: As of March 31, 2018 Gross Net Carrying Accumulated Carrying (in thousands) Amount Amortization Amount Customer relationships $ 100,234 $ (35,992) $ 64,242 Purchased software costs 36,156 (29,880) 6,276 Technology licenses 28,800 (18,662) 10,138 Trade names and trademarks 7,800 — 7,800 Other 868 (267) 601 Total $ 173,858 $ (84,801) $ 89,057 As of December 31, 2017 Gross Net Carrying Accumulated Carrying (in thousands) Amount Amortization Amount Customer relationships $ 100,200 $ (34,372) $ 65,828 Purchased software costs 35,328 (29,612) 5,716 Technology licenses 28,800 (17,887) 10,913 Trade names and trademarks 7,800 — 7,800 Other 868 (261) 607 Total $ 172,996 $ (82,132) $ 90,864 Customer relationships are being amortized on a straight -line basis over a period of 10 to 14 years. Capitalized purchased software costs are being amortized on a straight-line basis over the estimated useful life of the related software, which ranges from 2 to 10 years. Technology licenses are being amortized over their estimated useful lives in proportion to the economic benefits consumed. The Compa ny’s acquired trade names and trademarks have been determined to have an indefinite life . Amortization for the three months ended March 31, 2018 and 2017 was as follows: Three Months Ended March 31, (in thousands) 2018 2017 Amortization of intangible assets $ 2,366 $ 2,481 Amortization of capitalized purchased software costs 259 276 Amortization of debt costs 218 196 $ 2,843 $ 2,953 The estimated futu re amortization expense of acquired intangible assets for each of the next five years is as follows (in thousands): Year ending December 31, Amount 2018 (remaining nine months) $ 8,066 2019 11,093 2020 10,177 2021 7,231 2022 7,203

Borrowing Facilities

Borrowing Facilities	3 Months Ended
	Mar. 31, 2018
Debt Disclosure [Abstract]
Borrowing Facilities	Note 7 – Borrowing Facilities The Company has a $430 million Credit Agreement (the Credit Agreement) with JPMorgan Chase Bank, N.A. as administrative agent and collateral agent (the Administrative Agent), and the financial institutions acting as lenders thereunder from time to time. This Credit Agreement provides for a five-year $200 million revolving credit facility and a five-year $230 million term loan facility (the Term Loan), both with a maturity date of November 12, 2020. The revolving credi t facility is available for general corporate purposes, may be drawn in foreign currencies up to an amount equivalent to $20 million, and may be used for letters of credit up to $20 million. The Credit Agreement includes an accordion feature, pursuant to w hich total commitments under the facility may be increased by an additional $150 million, subject to satisfaction of certain conditions . The Term Loan is payable in minimum quarterly principal installments of $4.3 million in 2018, $5.8 million in 2019, an d $8.6 million in 2020, with the balance payable on the maturity date. Interest on outstanding borrowings under the Credit Agreement accrues, at our option, at (a) the adjusted London interbank offered rate (LIBOR) plus 1.25% to 2.25%, or (b) the alternat ive base rate plus 0.25% to 1.25%, and is payable quarterly in arrears. The alternative base rate is equal to the highest of (i) the Administrative Agent’s prime rate, (ii) the federal funds rate plus 0.50% and (iii) the adjusted LIBOR rate plus 1.00%. The margin on the interest rates fluctuates based upon the ratio of the Company’s debt to its consolidated EBITDA . As of March 31, 2018 , $152.0 million of the outstanding debt under the Credit Agreement was effectively at a fixed interest rate as a resul t of a $1 52.0 million notional interest rate swap contract discussed in Note 16 . A commitment fee of 0.30% to 0.40% per annum (based on the debt to EBITDA r atio) on the unused portion of the revolving credit line is payable quarterly in arrears. The Cr edit Agreement is generally secured by a pledge of (a) all the capital stock of the Company’s domestic subsidiaries and 65% of the capital stock of its directly owned foreign subsidiaries, (b) any debt owed to Benchmark and its subsidiaries and (c) all or substantially all other personal property of Benchmark and its domestic subsidiaries (including, accounts receivable, inventory and fixed assets of Benchmark and its domestic subsidiaries), in each case, subject to customary exceptions and limitations. The Credit Agreement contains financial covenants as to debt leverage and interest coverage, and certain customary affirmative and negative covenants, including restrictions on our ability to incur additional debt and liens, pay dividends, repurchase shares, sell assets and merge or consolidate with other persons. Amounts due under the Credit Agreement may be accelerated upon specified events of default, including a failure to pay amounts due, breach of a covenant, material inaccuracy of a representation, or o ccurrence of bankruptcy or insolvency, subject, in some cases, to cure periods . As of March 31, 2018 and December 31, 2017 , the Company was in compliance with all of these covenants and restrictions. As of March 31, 2018 , the Company had $202.7 million in borrowings outstanding under the Term Loan facility and $2.8 million in letters of credit outstanding under the revolving credit facility. The Company has $197.2 million available for future borrowings under the revolving credit facility. The Company’s Thailand subsidiary has a multi-purpose credit facility with Kasikornbank Public Company Limited (the Thai Credit Facility) that provides for 350 million Thai baht working capital availability. The Thai Credit Faci lity is secured by land and buildings in Thailand owned by the Company’s Thailand subsidiary. Availability of funds under the Thai Credit Facility is reviewed annually and is currently accessible through October 2018 . As of both March 31, 2018 and December 31, 2017 , there were no working capital borrowings outstanding under the facility.

Contract Assets

Contract Assets	3 Months Ended
	Mar. 31, 2018
Contract With Customer Asset And Liability [Abstract]
Contract assets	Note 8 – Contract Assets As of March 31, 2018 and December 31, 2017 , the Compa ny had $147.6 million and $146.5 million in contract receivables from contracts with customers. The contract receivables primarily relate to the Company’s right to consideration for work completed but not billed at the reporting date. The contract receivables are transferred to accounts receivable when the rights become unconditional . Significant changes in the contract asset balance during the pe riod are as follows: Three Months Ended March 31, (in thousands) 2018 2017 Transferred to receivables from contract assets recognized at the beginning of the period $ (145,217) $ (156,206) Contract assets recognized, net of reclassification to accounts receivable 146,344 149,645 Net change $ 1,127 $ (6,561)

Inventories

Inventories	3 Months Ended
	Mar. 31, 2018
Inventories [Abstract]
Inventories	Note 9 – Inventories Inventory costs are summarized as follows: March 31, December 31, (in thousands) 2018 2017 (as adjusted) Raw materials $ 294,699 $ 258,228 Work in process 7,853 8,600 Finished goods 3,428 2,089 $ 305,980 $ 268,917

Accounts Receivable Sale Progra

Accounts Receivable Sale Program	3 Months Ended
	Mar. 31, 2018
Receivables [Abstract]
Accounts Receivable Sales Program	Note 10 – Accounts Receivable Sale Program In connection with a trade accounts receivable sale program with an unaffiliated financial institution, the Company may elect to sell, at a discount, on an ongoing basis, up to a maximum of $40.0 million, of specific accou nts receivable at any one time. During the t hree months ended March 31, 2018 , the Company sold $40 .0 million of account s receivable under this program, and i n exchange, the Company received cash proceeds of $39.9 million, net of the discount. Dur ing the three months ended March 31, 2017 , t he Company sold $25.0 million of account s receivable under this program, and i n exchange, the Company received cash proceeds of $24.9 million, net of the discount. The loss on the sale resulting from the discount during the three months ended March 31, 2018 and 2017 was $0.1 million for both periods and was recorded to other expense within the Condensed Consolidated Statements of Income .

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2018
Income Taxes [Abstract]
Income Taxes	Note 11 – Income Taxes Income tax expense consists of the following: Three Months Ended March 31, (in thousands) 2018 2017 (as adjusted) Federal – current $ (304) $ (212) Foreign – current 2,154 1,112 State – current 306 128 Deferred 39,000 74 $ 41,156 $ 1,102 The U.S. Tax Cuts and Jobs Act (U.S. Tax Reform), which was signed into law on December 22, 2017, significantly changed U.S. tax law by, among other things, lowering corporate income tax rates, implementing a territorial tax system and imposing a transition tax on deemed repatriated earnings of foreign subsidiaries. The U.S. Tax Reform reduced the U.S. corporate income tax rate from a maximum of 35% to a flat 21% rate, effective January 1, 2018. To minimize tax base erosion with a territorial tax system, the U.S. Tax Reform enacted a new global intangible low-taxed income (GILTI) provision. Under the GILTI provision, certa in foreign subsidiary earnings in excess of an allowable return on the foreign subsidiary’s depreciable tangible assets are included in U.S. taxable income offset by a limited deemed paid foreig n tax credit. T he Company is subject to the GILTI provisions due to its operations in foreign jurisdictions . As of December 31, 2017, the Company had approximately $928 million in cumulative undistributed foreign earnings outside the U.S. Substantially all of these undistributed earnings are subje ct to the U.S. mandatory repatriation tax and are eligible to be repatriated to the U.S. without additional U.S. tax under the U.S. Tax Reform. The Company has historically asserted its intention to indefinitely reinvest und istributed foreign earnings. T he Company no longer consider these earnings to be indefinitely reinvested in its foreign subsidiaries. As a result of this change in assertion for undistributed earnings prior to December 31, 2017 , the Company has recorded $30.7 million of deferred tax expe nse for foreign withholding tax from Asia and $9.4 million of deferred U.S. state income tax expense in the first quarter of 2018 . During the three months ended March 31, 2018, the Company repatriated $277.0 million of foreign earnings to the U.S. The Comp any expects to repatriate an additional $223.0 million of foreign earnings to the U.S. in 2018. For future undistributed earnings earned after December 31, 2017, the Company will assert its intention to indefinitely reinvest certain future undistributed fo reign earnings from certain jurisdictions, and repatriate future earnings from other specific jurisdictions as part of its foreign cash management strategy around the world. Excluding the impact of these items, i ncome tax expense differs from the amount c omputed by applying the U.S. federal statutory income tax rate to income before income tax primarily due to the mix of taxable income by taxing jurisdiction, the impact of tax incentives and tax ho lidays in foreign locations, state income taxes (net of fed eral benefit) and the U.S. tax under GILTI . The Company has been granted certain tax incentives, including tax holidays, for its subsidiaries in China, Malaysia and Thailand that will expire at various dates, unless extended or otherwise renegotiated, through 2018 in China, 2021 in Malaysia and 2028 in Thailand , and are subject to certain conditions with which the Company expects to comply. The net impact of these tax incentives was to lower income tax expense for the three months ended March 31, 2018 and 2017 by approximatel y $2.9 million (approximately 0.06 per diluted share) and $1.3 million (approximately $0. 03 per diluted share), respectively , as follows: Three Months Ended March 31, (in thousands) 2018 2017 China $ 422 $ 167 Malaysia 1,308 532 Thailand 1,144 556 $ 2,874 $ 1,255 As of March 31, 2018 , the total amount of the reserve for uncertain tax benefits including interest was $0.3 million. The reserve is classified as a current or long-term liability in the condensed consolidated balance sheet s based on the Company’s expectation of when the items will be settled. The amount of accrued potential interest on unrecognized tax benefits included in the reserve as of March 31, 2018 , w as $47.0 thousand. There was no reserve for pot ential penalties. During the three months ended March 31, 2018 , the Company released $0.5 million of uncertain tax benefits from a U.S. Internal Revenue Service (IRS) audit related to the Secure Communication Systems, Inc. acquisition. During the first q uarter of 2018 , the IRS indicated that this examination of years 2013 to 2015 was closed. In addition, the IRS also notified the Company that the examination of the Company’s consolidated U.S. income tax return filings for 2014 was also closed with no a dditional tax costs. The Company and its subsidiaries in Brazil, China, Ireland, Luxembourg, Malaysia, Mexico, t he Netherlands, Romania, Singapore, Thailand and the United States remain open to examination by the various local taxing authorities, in total o r in part, for fiscal years 2011 to 201 7 . Currently, the Company does not have any ongoing tax examinations by any jurisdiction . During the course of such examinations, disputes may occur as to matters of fact or law. Also, i n most tax jurisdictions, th e passage of time without examination will result in the expiration of applicable statutes of limitations thereby precluding examination of the tax period(s) for which such statute of limitation has expired. The Company believes that it has adequately prov ided for its tax liabilities .

Segment And Geographic Informat

Segment And Geographic Information	3 Months Ended
	Mar. 31, 2018
Segment And Geographic Information [Abstract]
Segment And Geographic Information	Note 12 – Segment and Geographic Information The Company currently has manufacturing facilities in the Americas , Asia and Europe to serve its customers. The Company is operated and managed geographically, and management evaluates performance and allocates the Company’s resources on a geographic basis. Intersegment sales are generally recorded at prices that approximate arm’s length transactions. Operating segments’ measure of profitability is based on income from operations. The ac counting policies for the reportable operating segments are the same as for the Company taken as a whole. The Company has three reportable operating segments: Americas, Asia and Europe . Informa tion about operating segments i s as follows: Three Months Ended March 31, (in thousands) 2018 2017 (as adjusted) Net sales: Americas $ 378,785 $ 361,320 Asia 195,122 179,304 Europe 50,796 40,644 Elimination of intersegment sales (16,567) (23,365) $ 608,136 $ 557,903 Depreciation and amortization: Americas $ 5,609 $ 5,505 Asia 2,822 3,166 Europe 884 657 Corporate 3,069 2,945 $ 12,384 $ 12,273 Income from operations: Americas $ 16,737 $ 12,621 Asia 17,649 13,379 Europe 2,995 2,370 Corporate and intersegment eliminations (19,414) (17,481) $ 17,967 $ 10,889 Other income (expense): Interest expense (2,428) (2,225) Interest income 1,933 1,074 Other income (expense) 43 (81) Income before income taxes $ 17,515 $ 9,657 Capital expenditures: Americas $ 12,849 $ 3,266 Asia 5,713 2,410 Europe 1,022 914 Corporate 1,293 988 $ 20,877 $ 7,578 March 31, December 31, (in thousands) 2018 2017 (as adjusted) Total assets: Americas $ 786,480 $ 812,187 Asia 726,481 674,783 Europe 206,237 470,786 Corporate and other 338,808 151,548 $ 2,058,006 $ 2,109,304 Geographic net sales information reflects the destination of the product shipped. Long-lived assets information is based upon the physical location of the asset. Three Months Ended March 31, (in thousands) 2018 2017 (as adjusted) Geographic net sales: United States $ 391,967 $ 368,717 Asia 106,991 93,632 Europe 80,541 74,922 Other foreign 28,637 20,632 $ 608,136 $ 557,903 March 31, December 31, 2018 2017 Long-lived assets: United States $ 179,386 $ 167,858 Asia 78,867 77,750 Europe 11,194 11,042 Other foreign 26,900 25,830 $ 296,347 $ 282,480

Supplemental Cash Flow and Non-

Supplemental Cash Flow and Non-Cash Information	3 Months Ended
	Mar. 31, 2018
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow and Non-Cash Information	Note 13 – Supplemental Cash Flow and Non-Cash Information The following is additional information concerning supplemental disclosures of cash payments. Three Months Ended March 31, (in thousands) 2018 2017 Income taxes paid, net $ 1,416 $ 816 Interest paid 2,256 2,214 Non-cash investing activity: Additions to property, plant and equipment in accounts payable $ 11,035 $ 3,301

Contingencies

Contingencies	3 Months Ended
	Mar. 31, 2018
Contingencies [Abstract]
Contingencies	Note 14 – Contingencies The Company is involved in various legal actions arising in the ordinary course of business. In the opinion of management, the ultimate disposition of these matters will not have a material adverse effect on the Company’s consolidated financial position or results of operations .

Restructuring Charges

Restructuring Charges	3 Months Ended
	Mar. 31, 2018
Restructuring Charges [Abstract]
Restructuring Charges	Note 15 – Restructuring Charges The Company has undertaken initiatives to restructure its business operations to improv e utilization and realize cost savings. These initiatives have included changing the number and location of production facilities, largely to align capacity and infrastructure with current and anticipated customer demand. This alignment includes transferring programs from higher c ost geographies to lower cost geographies. The process of restructuring entails moving production between facilities, reducing staff levels, realig ning our business processes, reorganizing our management and other activities. The Company recognized restru cturing charges during 2018 and 2017 primarily related to facility tr ansition and closures in the Americas , capacity reduction and reductions in workforce in certain facilities across various regions . The following table summarizes the 2018 activity in the accrued restru cturing balances related to the restructuring activities initiated prior to March 31, 2018 : Balance as of Foreign Balance as of December 31, Restructuring Cash Exchange March 31, (in thousands) 2017 Charges Payment Adjustments 2018 2018 Restructuring: Severance $ — $ 765 $ (746) $ — $ 19 Other exit costs — 298 (168) — 130 — 1,063 (914) — 149 2017 Restructuring: Severance 47 — — — 47 Leased facilities and equipment — 96 (96) — — Other exit costs 198 244 (210) (1) 231 245 340 (306) (1) 278 2016 Restructuring: Severance 29 (1) (3) — 25 Other exit costs 16 35 (16) — 35 45 34 (19) — 60 Total $ 290 $ 1,437 $ (1,239) $ (1) $ 487

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2018
Fair Value [Abstract]
Fair Value	Note 16 – Fair Value Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. A three-tier fair value hierarchy of inputs is employed to det ermine fair value measurements. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets and liabilities . Level 2 inputs are observable prices that are not quoted on active exchanges, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; and model-derived valuations whose inputs are observable or whose significant val ue drivers are observable . Level 3 inputs are unobservable inputs employed for measuring the fair value of assets or liabilities . This hierarchy requires the Company to use observable market data, when available, and to minimize the use of unobservable inp uts when determining fair value. The Company’s financial instruments include cash equivalents, accounts and other receivable s , accounts payable, accrued liabilities and long-term debt and capital lease obligations. The Company believes that the carrying values of these instruments approximate fair value . As of March 31, 2018 , the Company’s long-term investmen ts and derivative instruments were recorded at fair va lue using Level 3 inputs. The Company uses derivative instruments to manage the variability of foreign currency o bligations and interest rates. The Company does not enter into derivatives for speculative purposes. The forward currency exchange contracts i n place as of March 31, 2018 have not been designated as accounting hedges and, therefore, changes in fai r value are recorded within the Condensed C onsolidated Statements of In come. The Company has an interest rate swap agreemen t, which had a notiona l amo unt of $152.0 million and $155.3 m illion as of March 31, 2018 and December 31, 2017 , respectively, to hedge a portion of its interest rate exposure on outstanding borrowings under the Credit Agreement. Under this interest rate swap agreement, the Company receive s variable rate interest payments based on the one-month LIBOR rate and pay s fixed rate interest payments. The fixed interest rate for the contract is 1.4935%. The effect of this swa p is to convert a portion of the floating rate interest expense to fixed interest rate expense. Based on the terms of the interest rate swap contract and the underlying borrowings outstanding under the Credit Agreement, the interest rate contract was determined to be effective, and thus qualifies and has been designated as a cash flow hedge. As such, changes in the fair value of the interest rate swap are recorded in other comprehens ive income on the accompanying Condensed C onsolidated Balance S heets until earnings are affected by the variability of cash flows. The fair value of t he interest rate swap was a $3.1 million asset as of March 31, 2018 and a $2.0 million asset as of December 31, 2017 . During the three months ended March 31, 2018 , the Co mpany recorded unrealized gain of $1.1 million ($0.8 million net of tax) on the swap in other comprehensive income . See Note 17 .

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2018
Comprehensive Income Net Of Tax [Abstract]
Accumulated Other Comprehensive Loss	Note 17 – Accumulated Other Comprehensive Loss The changes in accumulated other c omprehensive loss by component we re as follows: Foreign Unrealized currency Derivative loss on translation instruments, investments, (in thousands) adjustments net of tax net of tax Other Total Balances, December 31, 2017 $ (9,567) $ 1,478 $ (41) $ (19) $ (8,149) Other comprehensive gain before reclassifications 1,332 833 — — 2,165 Net current period other comprehensive gain 1,332 833 — — 2,165 Balances, March 31, 2018 $ (8,235) $ 2,311 $ (41) $ (19) $ (5,984) See Note 16 for further explanation of the change in derivative instruments that is recorded to Accumulated Other Comprehensive Loss.

Shareholders' Equity

Shareholders' Equity	3 Months Ended
	Mar. 31, 2018
Equity [Abstract]
Shareholders' Equity	Note 18 – Shareholders’ Equity Dividends On March 6 , 2018, the Company declared a quarterly cash dividend of $0.15 per share of the Company’s common stock to shareholders of record as of March 29, 2018 . The dividend of $7.5 million was paid on April 11, 2018. Share Repurchase Authorization On December 7, 2015 and on March 6, 2018, the Board of Directors approved the repurchase of up to $100.0 million and $250.0 million, respectively, of the Company’s common shares. As of March 31, 2018, the Company had $245.0 million remaining under the share repurchase authorization. During the first quarter of 2018, the Company entered into an accelerated stock repurchase agreement (ASR) with a third party to purchase shares of its common stock for a paym ent of $50.0 million and rec eived an initial delivery of 1.3 million shares of common stock, representing 80% of the expected shares. The remaining shares will be settled at the end of the contract period.

New Accounting Pronouncements (

New Accounting Pronouncements (Tables)	3 Months Ended
	Mar. 31, 2018
New Accounting Pronouncements And Changes In Accounting Principles [Abstract]
Impacts of ASC 606 Adoption	The following table s summarize the impacts of ASC 606 adoption on the Company’s 2017 consolidated financial statements. Condensed Consolidated Balance Sheet December 31, 2017 Impact of changes in accounting policies As previously (in thousands) reported Adjustments As adjusted Cash and cash equivalents $ 742,546 $ - $ 742,546 Accounts receivable, net 436,560 - 436,560 Contract assets - 146,496 146,496 Inventories 397,181 (128,264) 268,917 Prepaid expenses and other assets 42,263 (6,245) 36,018 Income taxes receivable 120 - 120 Property, plant and equipment, net 186,473 - 186,473 Goodwill 191,616 - 191,616 Deferred income taxes 4,034 - 4,034 Other, net 96,524 - 96,524 Total assets $ 2,097,317 $ 11,987 $ 2,109,304 Current installments of long-term debt and capital lease obligations $ 18,274 $ - $ 18,274 Accounts payable 362,701 - 362,701 Income taxes payable 11,662 1 11,663 Accrued liabilities 85,679 - 85,679 Long-term debt and capital lease obligations, less current installments 193,406 - 193,406 Other long-term liabilities 89,749 - 89,749 Deferred income taxes 7,027 1,667 8,694 Total liabilities 768,498 1,668 770,166 Common stock 4,914 - 4,914 Additional paid-in capital 634,192 - 634,192 Retained earnings 697,862 10,319 708,181 Accumulated other comprehensive loss (8,149) - (8,149) Total shareholders’ equity 1,328,819 10,319 1,339,138 Total liabilities and shareholders’ equity $ 2,097,317 $ 11,987 $ 2,109,304 Condensed Consolidated Statement of Income Three Months Ended March 31, 2017 Impact of changes in accounting policies As previously (in thousands, except per share data) reported Adjustments As adjusted Sales $ 566,501 $ (8,598) $ 557,903 Cost of sales (517,441) 7,070 (510,371) Selling, general and administrative expenses (32,651) - (32,651) Amortization of intangible assets (2,481) - (2,481) Restructuring charges and other costs (1,511) - (1,511) Interest expense (2,225) - (2,225) Interest income 1,074 - 1,074 Other expense, net (81) - (81) Income tax expense (1,498) 396 (1,102) Net income $ 9,687 $ (1,132) $ 8,555 Earnings per share: Basic $ 0.20 $ (0.02) $ 0.17 Diluted $ 0.19 $ (0.02) $ 0.17 Weighted-average number of shares outstanding: Basic 49,511 49,511 49,511 Diluted 50,080 50,080 50,080 Condensed Consolidated Statement of Cashflows Three Months Ended March 31, 2017 Impact of changes in accounting policies As previously (in thousands) reported Adjustments As adjusted Net income $ 9,687 $ (1,132) $ 8,555 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation 9,320 - 9,320 Amortization 2,953 - 2,953 Deferred income taxes 1,041 (967) 74 Gain on the sale of property, plant and equipment (197) - (197) Stock-based compensation expense 2,160 - 2,160 Changes in operating assets and liabilities: Accounts receivable 59,685 - 59,685 Contract assets - 6,561 6,561 Inventories (22,512) (7,070) (29,582) Prepaid expenses and other assets (5,329) 2,037 (3,292) Accounts payable 16,225 - 16,225 Accrued liabilities 5,256 - 5,256 Income taxes (384) 571 187 Net cash provided by operations 77,905 - 77,905 Net cash used in investing activities (7,469) - (7,469) Net cash provided by financing activities 267 - 267 Effect of exchange rate changes 341 - 341 Net increase in cash and cash equivalents 71,044 - 71,044 Cash and cash equivalents at beginning of year 681,433 - 681,433 Cash and cash equivalents at end of period $ 752,477 $ - $ 752,477

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2018
Revenue From Contract With Customer [Abstract]
Disaggregation of revenue	Disaggregation of revenue In the following table, revenue is d isaggregated by market sector. The table also includes a reconciliation of the disaggregated revenue with the reportable operating segments. Reportable Operating Segments March 31, 2018 (in thousands) Americas Asia Europe Total Market Sector: Industrials $ 52,729 $ 53,657 $ 18,174 $ 124,560 A&D 88,414 1,130 8,323 97,867 Medical 54,992 38,263 4,032 97,287 Test and instrumentation 45,869 39,233 17,112 102,214 Computing 86,221 14,900 2,417 103,538 Telecommunication 43,894 38,085 691 82,670 External revenue 372,119 185,268 50,749 608,136 Elimination of intersegment sales 6,666 9,854 47 16,567 Segment revenue $ 378,785 $ 195,122 $ 50,796 $ 624,703 March 31, 2017 (as adjusted) Americas Asia Europe Total Market Sector: Industrials $ 54,097 $ 45,791 $ 17,298 $ 117,186 A&D 93,409 132 6,359 99,900 Medical 47,601 32,477 4,847 84,925 Test and instrumentation 32,654 34,694 8,402 75,750 Computing 77,813 19,566 2,880 100,259 Telecommunication 47,914 31,164 805 79,883 External revenue 353,488 163,824 40,591 557,903 Elimination of intersegment sales 7,832 15,480 53 23,365 Segment revenue $ 361,320 $ 179,304 $ 40,644 $ 581,268

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule Of Unrecognized Compensation Cost And Remaining Weighted-Average Amortization Stock-Based Awards	As of March 31, 2018 , the unrecognized compensation cost and remaining weighted-average amortization period related to stock-based awards were as follows: Performance- based Restricted Restricted Stock Stock Stock (in thousands, except remaining period data) Options Units Units (1) Unrecognized compensation cost $ 266 $ 18,401 $ 5,985 Remaining weighted-average amortization period 0.9 years 3.1 years 2.1 years (1) Based on the probable achievement of the performance goals identified in each award.
Summary Of Stock Options	The following table summarizes activities relating to the Company’s stock options: Weighted- Weighted- Average Aggregate Number of Average Remaining Intrinsic Options Exercise Contractual Value (in thousands) Price Term (Years) (in thousands) Outstanding as of December 31, 2017 596 $19.72 Exercised (168) 18.40 Forfeited or expired (19) 22.97 Outstanding as of March 31, 2018 409 $20.12 4.99 $ 3,985 Exercisable as of March 31, 2018 372 $19.82 3.95 $ 3,735
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary Of Stock-Based Awards	The following table summarizes the activities related to the Company’s ti me-based restricted stock units: Weighted- Number of Average Units Grant Date (in thousands) Fair Value Non-vested awards outstanding as of December 31, 2017 593 $27.47 Granted 333 30.01 Vested (198) 26.21 Forfeited (56) 26.60 Non-vested awards outstanding as of March 31, 2018 672 $29.18
Performance-Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Summary Of Stock-Based Awards	The following table summarizes the activi ties related to the Company’s performance-based restricted stock units: Weighted- Number of Average Units Grant Date (in thousands) Fair Value Non-vested units outstanding as of December 31, 2017 346 $26.88 Granted (1) 109 29.92 Forfeited or expired (145) 23.97 Non-vested units outstanding as of March 31, 2018 310 $29.31 (1) Represents target number of units that can vest based on the achievement of the performance goals.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Calculation of Basic and Diluted Earnings per Share	The following table sets forth the calculation of basic and diluted earnings per share : Three Months Ended March 31, (in thousands, except per share data) 2018 2017 Net income (loss) $ (23,641) $ 8,555 Denominator for basic earnings per share - weighted-average number of common shares outstanding during the period 48,517 49,511 Incremental common shares attributable to exercise of dilutive options — 361 Incremental common shares attributable to outstanding restricted stock units — 208 Denominator for diluted earnings per share 48,517 50,080 Basic earnings (loss) per share $(0.49) $0.17 Diluted earnings (loss) per share $(0.49) $0.17

Goodwill And Other Intangible30

Goodwill And Other Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2018
Goodwill And Other Intangible Assets [Abstract]
Goodwill Rollforward	G oodwill allocated to the Co mpany’s reportable segments was as follows: (in thousands) Americas Asia Total Goodwill as of December 31, 2017 and March 31, 2018 $ 153,514 $ 38,102 $ 191,616
Schedule Of Intangible Assets	I ntangible assets as of March 31, 2018 and December 31, 2017 were as follows: As of March 31, 2018 Gross Net Carrying Accumulated Carrying (in thousands) Amount Amortization Amount Customer relationships $ 100,234 $ (35,992) $ 64,242 Purchased software costs 36,156 (29,880) 6,276 Technology licenses 28,800 (18,662) 10,138 Trade names and trademarks 7,800 — 7,800 Other 868 (267) 601 Total $ 173,858 $ (84,801) $ 89,057 As of December 31, 2017 Gross Net Carrying Accumulated Carrying (in thousands) Amount Amortization Amount Customer relationships $ 100,200 $ (34,372) $ 65,828 Purchased software costs 35,328 (29,612) 5,716 Technology licenses 28,800 (17,887) 10,913 Trade names and trademarks 7,800 — 7,800 Other 868 (261) 607 Total $ 172,996 $ (82,132) $ 90,864
Schedule Of Amortization Expense	Amortization for the three months ended March 31, 2018 and 2017 was as follows: Three Months Ended March 31, (in thousands) 2018 2017 Amortization of intangible assets $ 2,366 $ 2,481 Amortization of capitalized purchased software costs 259 276 Amortization of debt costs 218 196 $ 2,843 $ 2,953
Schedule Of Estimated Future Amortization Expense	The estimated futu re amortization expense of acquired intangible assets for each of the next five years is as follows (in thousands): Year ending December 31, Amount 2018 (remaining nine months) $ 8,066 2019 11,093 2020 10,177 2021 7,231 2022 7,203

Contract Assets (Tables)

Contract Assets (Tables)	3 Months Ended
	Mar. 31, 2018
Contract With Customer Asset And Liability [Abstract]
Changes In Contract Assets	Significant changes in the contract asset balance during the pe riod are as follows: Three Months Ended March 31, (in thousands) 2018 2017 Transferred to receivables from contract assets recognized at the beginning of the period $ (145,217) $ (156,206) Contract assets recognized, net of reclassification to accounts receivable 146,344 149,645 Net change $ 1,127 $ (6,561)

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2018
Inventories [Abstract]
Schedule Of Inventory Costs	Note 9 – Inventories Inventory costs are summarized as follows: March 31, December 31, (in thousands) 2018 2017 (as adjusted) Raw materials $ 294,699 $ 258,228 Work in process 7,853 8,600 Finished goods 3,428 2,089 $ 305,980 $ 268,917

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2018
Income Taxes [Abstract]
Schedule Of Income Tax Expense	Note 11 – Income Taxes Income tax expense consists of the following: Three Months Ended March 31, (in thousands) 2018 2017 (as adjusted) Federal – current $ (304) $ (212) Foreign – current 2,154 1,112 State – current 306 128 Deferred 39,000 74 $ 41,156 $ 1,102
Schedule Of Tax Incentives	The net impact of these tax incentives was to lower income tax expense for the three months ended March 31, 2018 and 2017 by approximatel y $2.9 million (approximately 0.06 per diluted share) and $1.3 million (approximately $0. 03 per diluted share), respectively , as follows: Three Months Ended March 31, (in thousands) 2018 2017 China $ 422 $ 167 Malaysia 1,308 532 Thailand 1,144 556 $ 2,874 $ 1,255

Segment And Geographic Inform34

Segment And Geographic Information (Tables)	3 Months Ended
	Mar. 31, 2018
Segment And Geographic Information [Abstract]
Schedule Of Operating Segments	Informa tion about operating segments i s as follows: Three Months Ended March 31, (in thousands) 2018 2017 (as adjusted) Net sales: Americas $ 378,785 $ 361,320 Asia 195,122 179,304 Europe 50,796 40,644 Elimination of intersegment sales (16,567) (23,365) $ 608,136 $ 557,903 Depreciation and amortization: Americas $ 5,609 $ 5,505 Asia 2,822 3,166 Europe 884 657 Corporate 3,069 2,945 $ 12,384 $ 12,273 Income from operations: Americas $ 16,737 $ 12,621 Asia 17,649 13,379 Europe 2,995 2,370 Corporate and intersegment eliminations (19,414) (17,481) $ 17,967 $ 10,889 Other income (expense): Interest expense (2,428) (2,225) Interest income 1,933 1,074 Other income (expense) 43 (81) Income before income taxes $ 17,515 $ 9,657 Capital expenditures: Americas $ 12,849 $ 3,266 Asia 5,713 2,410 Europe 1,022 914 Corporate 1,293 988 $ 20,877 $ 7,578 March 31, December 31, (in thousands) 2018 2017 (as adjusted) Total assets: Americas $ 786,480 $ 812,187 Asia 726,481 674,783 Europe 206,237 470,786 Corporate and other 338,808 151,548 $ 2,058,006 $ 2,109,304
Schedule Of Geographic Net Sales And Long-Lived Assets	Geographic net sales information reflects the destination of the product shipped. Long-lived assets information is based upon the physical location of the asset. Three Months Ended March 31, (in thousands) 2018 2017 (as adjusted) Geographic net sales: United States $ 391,967 $ 368,717 Asia 106,991 93,632 Europe 80,541 74,922 Other foreign 28,637 20,632 $ 608,136 $ 557,903 March 31, December 31, 2018 2017 Long-lived assets: United States $ 179,386 $ 167,858 Asia 78,867 77,750 Europe 11,194 11,042 Other foreign 26,900 25,830 $ 296,347 $ 282,480

Supplemental Cash Flow and No35

Supplemental Cash Flow and Non-Cash Information (Tables)	3 Months Ended
	Mar. 31, 2018
Supplemental Cash Flow Information [Abstract]
Schedule Of Supplemental Cash Flow and Non-Cash Information	Note 13 – Supplemental Cash Flow and Non-Cash Information The following is additional information concerning supplemental disclosures of cash payments. Three Months Ended March 31, (in thousands) 2018 2017 Income taxes paid, net $ 1,416 $ 816 Interest paid 2,256 2,214 Non-cash investing activity: Additions to property, plant and equipment in accounts payable $ 11,035 $ 3,301

Restructuring Charges (Tables)

Restructuring Charges (Tables)	3 Months Ended
	Mar. 31, 2018
Restructuring Charges [Abstract]
Schedule Of Accrued Restructuring	The following table summarizes the 2018 activity in the accrued restru cturing balances related to the restructuring activities initiated prior to March 31, 2018 : Balance as of Foreign Balance as of December 31, Restructuring Cash Exchange March 31, (in thousands) 2017 Charges Payment Adjustments 2018 2018 Restructuring: Severance $ — $ 765 $ (746) $ — $ 19 Other exit costs — 298 (168) — 130 — 1,063 (914) — 149 2017 Restructuring: Severance 47 — — — 47 Leased facilities and equipment — 96 (96) — — Other exit costs 198 244 (210) (1) 231 245 340 (306) (1) 278 2016 Restructuring: Severance 29 (1) (3) — 25 Other exit costs 16 35 (16) — 35 45 34 (19) — 60 Total $ 290 $ 1,437 $ (1,239) $ (1) $ 487

Accumulated Other Comprehensi37

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Mar. 31, 2018
Comprehensive Income Net Of Tax [Abstract]
Schedule Of Accumulated Other Comprehensive Loss	The changes in accumulated other c omprehensive loss by component we re as follows: Foreign Unrealized currency Derivative loss on translation instruments, investments, (in thousands) adjustments net of tax net of tax Other Total Balances, December 31, 2017 $ (9,567) $ 1,478 $ (41) $ (19) $ (8,149) Other comprehensive gain before reclassifications 1,332 833 — — 2,165 Net current period other comprehensive gain 1,332 833 — — 2,165 Balances, March 31, 2018 $ (8,235) $ 2,311 $ (41) $ (19) $ (5,984)

New Accounting Pronouncements38

New Accounting Pronouncements (Condensed Consolidated Balance Sheet) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Condensed Consolidated Balance Sheets [Abstract]
Cash and cash equivalents	$ 676,327	$ 742,546	$ 752,477	$ 681,433
Accounts receivable, net	403,767	436,560
Contract assets	147,623	146,496
Inventories, net	305,980	268,917
Prepaid expenses and other assets	31,729	36,018
Income taxes receivable	66	120
Property, plant and equipment, net	200,422	186,473
Goodwill	191,616	191,616
Deferred income taxes	4,034	4,034
Other, net	96,442	96,524
Assets	2,058,006	2,109,304
Current installments of long-term debt and capital lease obligations	19,746	18,274
Accounts payable	368,625	362,701
Income taxes payable	12,808	11,663
Accrued liabilities	83,652	85,679
Long-term debt and capital lease obligations, less current installments	187,601	193,406
Other long-term liabilities	90,270	89,749
Deferred income taxes	47,973	8,694
Total liabilities		770,166
Common stock	4,757	4,914
Additional paid-in capital	608,092	634,192
Retained earnings	640,466	708,181
Total shareholders' equity	1,247,331	1,339,138
Accumulated other comprehensive loss	(5,984)	(8,149)
Total liabilities and shareholders' equity	$ 2,058,006	2,109,304
Accounting Standards Update 2014-09 [Member] | As Previously Reported [Member] | Calculated Under Revenue Guidance In Effect Before Topic 606 [Member]
Condensed Consolidated Balance Sheets [Abstract]
Cash and cash equivalents		742,546	752,477	681,433
Accounts receivable, net		436,560
Contract assets		0
Inventories, net		397,181
Prepaid expenses and other assets		42,263
Income taxes receivable		120
Property, plant and equipment, net		186,473
Goodwill		191,616
Deferred income taxes		4,034
Other, net		96,524
Assets		2,097,317
Current installments of long-term debt and capital lease obligations		18,274
Accounts payable		362,701
Income taxes payable		11,662
Accrued liabilities		85,679
Long-term debt and capital lease obligations, less current installments		193,406
Other long-term liabilities		89,749
Deferred income taxes		7,027
Total liabilities		768,498
Common stock		4,914
Additional paid-in capital		634,192
Retained earnings		697,862
Total shareholders' equity		1,328,819
Accumulated other comprehensive loss		(8,149)
Total liabilities and shareholders' equity		2,097,317
Accounting Standards Update 2014-09 [Member] | Restatement Adjustment [Member] | Adjustments [Member]
Condensed Consolidated Balance Sheets [Abstract]
Cash and cash equivalents		0	$ 0	$ 0
Accounts receivable, net		0
Contract assets		146,496
Inventories, net		(128,264)
Prepaid expenses and other assets		(6,245)
Income taxes receivable		0
Property, plant and equipment, net		0
Goodwill		0
Deferred income taxes		0
Other, net		0
Assets		11,987
Current installments of long-term debt and capital lease obligations		0
Accounts payable		0
Income taxes payable		1
Accrued liabilities		0
Long-term debt and capital lease obligations, less current installments		0
Other long-term liabilities		0
Deferred income taxes		1,667
Total liabilities		1,668
Common stock		0
Additional paid-in capital		0
Retained earnings		10,319
Total shareholders' equity		10,319
Accumulated other comprehensive loss		0
Total liabilities and shareholders' equity		$ 11,987

New Accounting Pronouncements39

New Accounting Pronouncements (Condensed Consolidated Statement of Income) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Condensed Consolidated Statements Of Income (Loss) [Abstract]
Revenues	$ 608,136	$ 557,903
Cost of sales	549,818	510,371
Selling, general and administrative expenses	35,750	32,651
Amortization of Intangible Assets	2,366	2,481
Restructuring charges and other costs	2,235	1,511
Interest expense	2,428	2,225
Interest income	1,933	1,074
Other income (expense), net	43	(81)
Income tax expense	41,156	1,102
Net income (loss)	$ (23,641)	$ 8,555
Earnings Per Share [Abstract]
Basic	$ (0.49)	$ 0.17
Diluted	$ (0.49)	$ 0.17
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic	48,517	49,511
Diluted	48,517	50,080
Accounting Standards Update 2014-09 [Member] | As Previously Reported [Member] | Calculated Under Revenue Guidance In Effect Before Topic 606 [Member]
Condensed Consolidated Statements Of Income (Loss) [Abstract]
Revenues		$ 566,501
Cost of sales		(517,441)
Selling, general and administrative expenses		(32,651)
Amortization of Intangible Assets		(2,481)
Restructuring charges and other costs		(1,511)
Interest expense		2,225
Interest income		1,074
Other income (expense), net		(81)
Income tax expense		(1,498)
Net income (loss)		$ 9,687
Earnings Per Share [Abstract]
Basic		$ 0.2
Diluted		$ 0.19
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic		49,511
Diluted		50,080
Accounting Standards Update 2014-09 [Member] | Restatement Adjustment [Member] | Adjustments [Member]
Condensed Consolidated Statements Of Income (Loss) [Abstract]
Revenues		$ (8,598)
Cost of sales		7,070
Selling, general and administrative expenses		0
Amortization of Intangible Assets		0
Restructuring charges and other costs		0
Interest expense		0
Interest income		0
Other income (expense), net		0
Income tax expense		396
Net income (loss)		$ (1,132)
Earnings Per Share [Abstract]
Basic		$ (0.02)
Diluted		$ (0.02)
Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Basic		49,511
Diluted		50,080

New Accounting Pronouncements40

New Accounting Pronouncements (Condensed Consolidated Cash Flow) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net income (loss)	$ (23,641)	$ 8,555
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	9,541	9,320
Amortization	2,843	2,953
Deferred income taxes	39,000	74
Gain on the sale of property, plant and equipment	(46)	(197)
Stock-based compensation expense	2,870	2,160
Changes in operating assets and liabilities:
Accounts receivable	33,419	59,685
Contract assets	(1,127)	6,561
Inventories	(38,210)	(29,582)
Prepaid expenses and other assets	5,944	(3,292)
Accounts payable	2,337	16,225
Accrued liabilities	(9,116)	5,256
Income taxes	716	187
Net cash provided by operations	24,530	77,905
Cash flows from investing activities:
Net cash used in investing activities	(20,999)	(7,469)
Cash flows from financing activities:
Net provided by financing activities	(70,616)	267
Effect of exchange rate changes	866	341
Net increase in cash and cash equivalents	(66,219)	71,044
Cash and cash equivalents at beginning of year	742,546	681,433
Cash and cash equivalents at end of period	676,327	752,477
Accounting Standards Update 2014-09 [Member] | As Previously Reported [Member] | Calculated Under Revenue Guidance In Effect Before Topic 606 [Member]
Cash flows from operating activities:
Net income (loss)		9,687
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation		9,320
Amortization		2,953
Deferred income taxes		1,041
Gain on the sale of property, plant and equipment		(197)
Stock-based compensation expense		2,160
Changes in operating assets and liabilities:
Accounts receivable		59,685
Contract assets		0
Inventories		(22,512)
Prepaid expenses and other assets		(5,329)
Accounts payable		16,225
Accrued liabilities		5,256
Income taxes		(384)
Net cash provided by operations		77,905
Cash flows from investing activities:
Net cash used in investing activities		(7,469)
Cash flows from financing activities:
Net provided by financing activities		267
Effect of exchange rate changes		341
Net increase in cash and cash equivalents		71,044
Cash and cash equivalents at beginning of year	742,546	681,433
Cash and cash equivalents at end of period		752,477
Accounting Standards Update 2014-09 [Member] | Restatement Adjustment [Member] | Adjustments [Member]
Cash flows from operating activities:
Net income (loss)		(1,132)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation		0
Amortization		0
Deferred income taxes		(967)
Gain on the sale of property, plant and equipment		0
Stock-based compensation expense		0
Changes in operating assets and liabilities:
Accounts receivable		0
Contract assets		6,561
Inventories		(7,070)
Prepaid expenses and other assets		2,037
Accounts payable		0
Accrued liabilities		0
Income taxes		571
Net cash provided by operations		0
Cash flows from investing activities:
Net cash used in investing activities		0
Cash flows from financing activities:
Net provided by financing activities		0
Effect of exchange rate changes		0
Net increase in cash and cash equivalents		0
Cash and cash equivalents at beginning of year	$ 0	0
Cash and cash equivalents at end of period		$ 0

Revenue (Disaggregation of reve

Revenue (Disaggregation of revenue) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 624,703	$ 581,268
Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	608,136	557,903
Operating Segments [Member] | Industrial Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	124,560	117,186
Operating Segments [Member] | Aerospace And Defense Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	97,867	99,900
Operating Segments [Member] | Medical Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	97,287	84,925
Operating Segments [Member] | Test And Instrumentation Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	102,214	75,750
Operating Segments [Member] | Computing Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	103,538	100,259
Operating Segments [Member] | Telecommunications Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	82,670	79,883
Elimination Of Intersegment Sales [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	16,567	23,365
Americas [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	378,785	361,320
Americas [Member] | Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	372,119	353,488
Americas [Member] | Operating Segments [Member] | Industrial Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	52,729	54,097
Americas [Member] | Operating Segments [Member] | Aerospace And Defense Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	88,414	93,409
Americas [Member] | Operating Segments [Member] | Medical Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	54,992	47,601
Americas [Member] | Operating Segments [Member] | Test And Instrumentation Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	45,869	32,654
Americas [Member] | Operating Segments [Member] | Computing Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	86,221	77,813
Americas [Member] | Operating Segments [Member] | Telecommunications Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	43,894	47,914
Americas [Member] | Elimination Of Intersegment Sales [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	6,666	7,832
Asia [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	195,122	179,304
Asia [Member] | Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	185,268	163,824
Asia [Member] | Operating Segments [Member] | Industrial Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	53,657	45,791
Asia [Member] | Operating Segments [Member] | Aerospace And Defense Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,130	132
Asia [Member] | Operating Segments [Member] | Medical Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	38,263	32,477
Asia [Member] | Operating Segments [Member] | Test And Instrumentation Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	39,233	34,694
Asia [Member] | Operating Segments [Member] | Computing Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	14,900	19,566
Asia [Member] | Operating Segments [Member] | Telecommunications Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	38,085	31,164
Asia [Member] | Elimination Of Intersegment Sales [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	9,854	15,480
Europe [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	50,796	40,644
Europe [Member] | Operating Segments [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	50,749	40,591
Europe [Member] | Operating Segments [Member] | Industrial Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	18,174	17,298
Europe [Member] | Operating Segments [Member] | Aerospace And Defense Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	8,323	6,359
Europe [Member] | Operating Segments [Member] | Medical Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	4,032	4,847
Europe [Member] | Operating Segments [Member] | Test And Instrumentation Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	17,112	8,402
Europe [Member] | Operating Segments [Member] | Computing Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	2,417	2,880
Europe [Member] | Operating Segments [Member] | Telecommunications Sector [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	691	805
Europe [Member] | Elimination Of Intersegment Sales [Member]
Disaggregation Of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 47	$ 53

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional shares available for issuance	2.8
Compensation cost recognized for stock-based awards	$ 2.9	$ 2.2
Income tax benefit recognized in the income statement for stock-based awards	0.7	0.8
Total cash received as a result of stock option exercises	3.1	5.1
Tax benefit realized as a result of stock option exercises and the vesting of other share-based awards	1.8	2.8
Total intrinsic value of stock options exercised	$ 2	$ 3.1
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Term of options	10 years
Employee Awards [Member] | Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Employee Awards [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Employee Awards [Member] | Performance-Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Non-Employee Awards [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year

Stock-Based Compensation (Sched

Stock-Based Compensation (Schedule Of Unrecognized Compensation Cost And Remaining Weighted-Average Amortization Period) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 266
Remaining weighted-average amortization period	10 months 24 days
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 18,401
Remaining weighted-average amortization period	3 years 1 month 6 days
Performance-Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 5,985
Remaining weighted-average amortization period	2 years 1 month 6 days

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary Of Stock Options) (Details) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares
Stock-Based Compensation [Abstract]
Number of Options, Outstanding, Beginning balance | shares	596
Number of Options, Exercised | shares	(168)
Number of Options, Forfeited or expired | shares	(19)
Number of Options, Outstanding, Ending balance | shares	409
Number of Options, Exercisable as of December 31, 2017 | shares	372
Weighted-Average Exercise Price, Outstanding, Beginning balance | $ / shares	$ 19.72
Weighted-Average Exercise Price, Exercised | $ / shares	18.4
Weighted-Average Exercise Price, Forfeited or expired | $ / shares	22.97
Weighted-Average Exercise Price, Outstanding, Ending balance | $ / shares	20.12
Weighted-Average Exercise Price, Exercisable as of December 31, 2017 | $ / shares	$ 19.82
Weighted-Average Remaining Contractual Term (Years), Outstanding	4 years 11 months 26 days
Weighted-Average Remaining Contractual Term (Years), Exercisable as of December 31, 2017	3 years 11 months 12 days
Aggregate Intrinsic Value, Outstanding as of December 31, 2017 | $	$ 3,985
Aggregate Intrinsic Value, Exercisable as of December 31, 2017 | $	$ 3,735

Stock-Based Compensation (Sum45

Stock-Based Compensation (Summary Of Stock-Based Awards) (Details) shares in Thousands	3 Months Ended
	Mar. 31, 2018$ / sharesshares
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested shares outstanding, shares or units, beginning balance | shares	593
Granted, shares or units | shares	333
Vested, shares or units | shares	(198)
Forfeited, shares or units | shares	(56)
Non-vested shares outstanding, shares or units, ending balance | shares	672
Non-vested outstanding, weighted-average grant date fair value, beginning balance | $ / shares	$ 27.47
Granted, weighted-average grant date fair value | $ / shares	30.01
Vested, weighted-average grant date fair value | $ / shares	26.21
Forfeited, weighted-average grant date fair value | $ / shares	26.6
Non-vested outstanding, weighted-average grant date fair value, ending balance | $ / shares	$ 29.18
Performance-Based Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Non-vested shares outstanding, shares or units, beginning balance | shares	346
Granted, shares or units | shares	109
Forfeited, shares or units | shares	(145)
Non-vested shares outstanding, shares or units, ending balance | shares	310
Non-vested outstanding, weighted-average grant date fair value, beginning balance | $ / shares	$ 26.88
Granted, weighted-average grant date fair value | $ / shares	29.92
Forfeited, weighted-average grant date fair value | $ / shares	23.97
Non-vested outstanding, weighted-average grant date fair value, ending balance | $ / shares	$ 29.31

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Earnings Per Share Reconciliation [Line Items]
Net income (loss)	$ (23,641)	$ 8,555
Denominator for basic earnings per share - weighted-average number of common shares outstanding during the period	48,517	49,511
Denominator for diluted earnings per share	48,517	50,080
Basic earnings per share	$ (0.49)	$ 0.17
Diluted earnings per share	$ (0.49)	$ 0.17
Anti-dilutive securities to purchase common shares	300
Stock Options [Member]
Earnings Per Share Reconciliation [Line Items]
Incremental common shares attributable to stock-based awards	0	361
Restricted Stock Units [Member]
Earnings Per Share Reconciliation [Line Items]
Incremental common shares attributable to stock-based awards	0	208

Goodwill And Other Intangible47

Goodwill And Other Intangible Assets (Narrative) (Details)	3 Months Ended
	Mar. 31, 2018
Minimum [Member] | Customer Relationships [Member]
Goodwill And Other Intangible Assets [Line Items]
Estimated useful life	10 years
Minimum [Member] | Purchased Software Costs [Member]
Goodwill And Other Intangible Assets [Line Items]
Estimated useful life	2 years
Maximum [Member] | Customer Relationships [Member]
Goodwill And Other Intangible Assets [Line Items]
Estimated useful life	14 years
Maximum [Member] | Purchased Software Costs [Member]
Goodwill And Other Intangible Assets [Line Items]
Estimated useful life	10 years

Goodwill and Other Intangible48

Goodwill and Other Intangible Assets (Schedule of Goodwill by Reportable Segments) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Goodwill [Line Items]
Goodwill	$ 191,616	$ 191,616
Americas [Member]
Goodwill [Line Items]
Goodwill	153,514	153,514
Asia [Member]
Goodwill [Line Items]
Goodwill	$ 38,102	$ 38,102

Goodwill And Other Intangible49

Goodwill And Other Intangible Assets (Schedule Of Other Intangible Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 173,858	$ 172,996
Accumulated amortization	(84,801)	(82,132)
Net carrying amount	89,057	90,864
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	100,234	100,200
Accumulated amortization	(35,992)	(34,372)
Net carrying amount	64,242	65,828
Purchased Software Costs [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	36,156	35,328
Accumulated amortization	(29,880)	(29,612)
Net carrying amount	6,276	5,716
Technology Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	28,800	28,800
Accumulated amortization	(18,662)	(17,887)
Net carrying amount	10,138	10,913
Trade Names and Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	7,800	7,800
Accumulated amortization	0	0
Net carrying amount	7,800	7,800
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	868	868
Accumulated amortization	(267)	(261)
Net carrying amount	$ 601	$ 607

Goodwill And Other Intangible50

Goodwill And Other Intangible Assets (Schedule Of Amortization Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Goodwill And Other Intangible Assets [Abstract]
Amortization of intangible assets	$ 2,366	$ 2,481
Amortization of capitalized purchased software costs	259	276
Amortization of debt costs	218	196
Total amortization	$ 2,843	$ 2,953

Goodwill And Other Intangible51

Goodwill And Other Intangible Assets (Schedule Of Estimated Future Amortization Expense) (Details) $ in Thousands	Mar. 31, 2018USD ($)
Goodwill And Other Intangible Assets [Abstract]
2018 (remaining nine months)	$ 8,066
2,019	11,093
2,020	10,177
2,021	7,231
2,022	$ 7,203

Borrowing Facilities (Details)

Borrowing Facilities (Details) ฿ in Millions, $ in Millions	3 Months Ended	12 Months Ended
	Mar. 31, 2018THB (฿)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)	Nov. 12, 2015USD ($)
Line of Credit Facility [Line Items]
Credit Agreement maturity date	Nov. 12, 2020
Derivative Notional Amount					$ 152	$ 155.3
Credit Agreement [Member]
Line of Credit Facility [Line Items]
Credit Agreement capacity					430
Description of variable interest rate basis	Interest on outstanding borrowings under the Credit Agreement accrues, at our option, at (a) the adjusted London interbank offered rate (LIBOR) plus 1.25% to 2.25%, or (b) the alternative base rate plus 0.25% to 1.25%, and is payable quarterly in arrears. The alternative base rate is equal to the highest of (i) the Administrative Agent’s prime rate, (ii) the federal funds rate plus 0.50% and (iii) the adjusted LIBOR rate plus 1.00%. The margin on the interest rates fluctuates based upon the ratio of the Company’s debt to its consolidated EBITDA.
Credit Agreement covenant terms	The Credit Agreement is generally secured by a pledge of (a) all the capital stock of the Company’s domestic subsidiaries and 65% of the capital stock of its directly owned foreign subsidiaries, (b) any debt owed to Benchmark and its subsidiaries and (c) all or substantially all other personal property of Benchmark and its domestic subsidiaries (including, accounts receivable, inventory and fixed assets of Benchmark and its domestic subsidiaries), in each case, subject to customary exceptions and limitations. The Credit Agreement contains financial covenants as to debt leverage and interest coverage, and certain customary affirmative and negative covenants, including restrictions on our ability to incur additional debt and liens, pay dividends, repurchase shares, sell assets and merge or consolidate with other persons. Amounts due under the Credit Agreement may be accelerated upon specified events of default, including a failure to pay amounts due, breach of a covenant, material inaccuracy of a representation, or occurrence of bankruptcy or insolvency, subject, in some cases, to cure periods.
Credit agreement, secured by percentage of stock of the Company's domestic subsidiaries	100.00%
Credit agreement, secured by percentage of voting capital stock of each direct foreign subsidiary	65.00%
Credit Agreement covenant compliance	As of March 31, 2018 and December 31, 2017, the Company was in compliance with all of these covenants and restrictions.
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit Agreement capacity					200
Term period	5 years
Credit Agreement maturity date	Nov. 12, 2020
Possible increase to total commitments under Credit Agreement					150
Letters of credit outstanding amount					2.8
Revolving credit facility, available for future borrowings					197.2
Term Loan Facility [Member]
Line of Credit Facility [Line Items]
Term period	5 years
Credit Agreement maturity date	Nov. 12, 2020
Term Loan proceeds							$ 230
Term Loan frequency of periodic payments	quarterly
Derivative Notional Amount					152
Principal amount					202.7
Term Loan Facility [Member] | Interest Rate Swap [Member]
Line of Credit Facility [Line Items]
Derivative Notional Amount					152
Term Loan Facility [Member] | Scenario Forecast [Member]
Line of Credit Facility [Line Items]
Quarterly principal installments		$ 8.6	$ 5.8	$ 4.3
Standby Letters Of Credit [Member]
Line of Credit Facility [Line Items]
Revolving credit facility, available for future borrowings					20
Foreign currencies [Member]
Line of Credit Facility [Line Items]
Revolving credit facility, available for future borrowings					$ 20
Thailand Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit Agreement maturity date	Oct. 31, 2018
Benchmark Electronics (Thailand) Public Company Limited [Member] | Thailand Credit Facility [Member]
Line of Credit Facility [Line Items]
Credit Agreement capacity | ฿	฿ 350
Minimum [Member] | Credit Agreement [Member]
Line of Credit Facility [Line Items]
U.S. Credit facility, commitment fee	0.30%
Maximum [Member] | Credit Agreement [Member]
Line of Credit Facility [Line Items]
U.S. Credit facility, commitment fee	0.40%
LIBOR Plus [Member] | Minimum [Member] | Credit Agreement [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.25%
LIBOR Plus [Member] | Maximum [Member] | Credit Agreement [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	2.25%
Alternate Base Rate Plus [Member] | Minimum [Member] | Credit Agreement [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	0.25%
Alternate Base Rate Plus [Member] | Maximum [Member] | Credit Agreement [Member]
Line of Credit Facility [Line Items]
Basis spread on variable rate	1.25%

Contract Assets (Narrative) (De

Contract Assets (Narrative) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Contract With Customer Asset And Liability [Abstract]
Contract assets	$ 147,623	$ 146,496

Contract Assets (Schedule Of Ch

Contract Assets (Schedule Of Changes) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Change In Contract With Customer Asset [Abstract]
Transferred to receivables from contract assets recognized at the beginning of the period	$ (145,217)	$ (156,206)
Contract assets recognized, net of reclassification to accounts receivable	146,344	149,645
Net change	$ 1,127	$ (6,561)

Inventories (Schedule Of Invent

Inventories (Schedule Of Inventory Costs) (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Inventories [Abstract]
Raw materials	$ 294,699	$ 258,228
Work in process	7,853	8,600
Finished goods	3,428	2,089
Inventories	$ 305,980	$ 268,917

Accounts Receivable Sale Prog56

Accounts Receivable Sale Program (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Receivables [Abstract]
Maximum Limit Accounts Receivable Sale Program	$ 40
Trade Accounts Receivable Sold	40	$ 25
Amount Received From Trade Accounts Receivable Sold To Third Party	39.9	24.9
Loss on sale of accounts receivable resulting from discount	$ 0.1	$ 0.1

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Line Items]
Cumulative undistributed earnings of foreign subsidiaries				$ 928,000
Foreign earnings repatriated	$ 277,000
Income tax incentives	$ 2,874	$ 1,255
Net impact of tax incentives, per diluted share	$ 0.06	$ 0.03
Unrecognized tax benefits including interest and penalties	$ 300
Interest on unrecognized tax	47
Decreases related to prior year tax positions	500
Scenario Forecast [Member]
Income Taxes [Line Items]
Foreign earnings repatriated			$ 223,000
State And Local Jurisdiction [Member]
Income Taxes [Line Items]
Income tax expense on foreign earnings expected to be repatriated	9,400
Foreign Country [Member]
Income Taxes [Line Items]
Income tax expense on foreign earnings expected to be repatriated	$ 30,700
China [Member]
Income Taxes [Line Items]
Income tax holidays expiration date	2,018
Income tax incentives	$ 422	$ 167
Malaysia [Member}
Income Taxes [Line Items]
Income tax holidays expiration date	2,021
Income tax incentives	$ 1,308	532
Thailand [Member]
Income Taxes [Line Items]
Income tax holidays expiration date	2,028
Income tax incentives	$ 1,144	$ 556

Income Taxes (Schedule Of Incom

Income Taxes (Schedule Of Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Taxes [Abstract]
Federal - Current	$ (304)	$ (212)
Foreign - Current	2,154	1,112
State - Current	306	128
U.S. Deferred tax benefit	39,000	74
Total income tax expense (benefit)	$ 41,156	$ 1,102

Income Taxes (Schedule Of Tax I

Income Taxes (Schedule Of Tax Incentives) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income tax incentives	$ 2,874	$ 1,255
China [Member]
Income tax incentives	422	167
Malaysia [Member}
Income tax incentives	1,308	532
Thailand [Member]
Income tax incentives	$ 1,144	$ 556

Segment And Geographic Inform60

Segment And Geographic Information (Operating Segments) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Sales to our largest customers	$ 608,136	$ 557,903
Depreciation and amortization	12,384	12,273
Income from operations	17,967	10,889
Interest expense	2,428	2,225
Interest income	1,933	1,074
Other Non operating Income Expense	43	(81)
Income before income taxes	17,515	9,657
Capital expenditures	20,877	7,578
Total assets	2,058,006		$ 2,109,304
Elimination Of Intersegment Sales [Member]
Segment Reporting Information [Line Items]
Sales to our largest customers	(16,567)	(23,365)
Corporate And Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Income from operations	(19,414)	(17,481)
Americas [Member]
Segment Reporting Information [Line Items]
Sales to our largest customers	378,785	361,320
Depreciation and amortization	5,609	5,505
Income from operations	16,737	12,621
Capital expenditures	12,849	3,266
Total assets	786,480		812,187
Asia [Member]
Segment Reporting Information [Line Items]
Sales to our largest customers	195,122	179,304
Depreciation and amortization	2,822	3,166
Income from operations	17,649	13,379
Capital expenditures	5,713	2,410
Total assets	726,481		674,783
Europe [Member]
Segment Reporting Information [Line Items]
Sales to our largest customers	50,796	40,644
Depreciation and amortization	884	657
Income from operations	2,995	2,370
Capital expenditures	1,022	914
Total assets	206,237		470,786
Corporate And Other [Member]
Segment Reporting Information [Line Items]
Total assets	338,808		$ 151,548
Corporate [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization	3,069	2,945
Capital expenditures	$ 1,293	$ 988

Segment And Geographic Inform61

Segment And Geographic Information (Schedule Of Geographic Net Sales And Long-Lived Assets) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Segment Reporting Information [Line Items]
Geographic net sales	$ 608,136	$ 557,903
Long-lived assets	296,347		$ 282,480
United States [Member]
Segment Reporting Information [Line Items]
Geographic net sales	391,967	368,717
Long-lived assets	179,386		167,858
Asia [Member]
Segment Reporting Information [Line Items]
Geographic net sales	106,991	93,632
Long-lived assets	78,867		77,750
Europe [Member]
Segment Reporting Information [Line Items]
Geographic net sales	80,541	74,922
Long-lived assets	11,194		11,042
Other Foreign [Member]
Segment Reporting Information [Line Items]
Geographic net sales	28,637	$ 20,632
Long-lived assets	$ 26,900		$ 25,830

Supplemental Cash Flow and No62

Supplemental Cash Flow and Non-Cash Information (Table Of Supplmental Cash Flow Information) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Supplemental Cash Flow Information [Abstract]
Income taxes paid, net	$ 1,416	$ 816
Interest paid	2,256	2,214
Cash Flow Non-cash Investing And Financing Activities Disclosure [Abstract]
Additions to property, plant and equipment in accounts payable	$ 11,035	$ 3,301

Restructuring Charges (Schedule

Restructuring Charges (Schedule Of Accrued Restructuring) (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2018USD ($)
Restructuring Cost and Reserve [Line Items]
Beginning Balance	$ 290
Restructuring charges	1,437
Cash Payment	(1,239)
Foreign Exchange Adjustments	(1)
Ending Balance	487
2018 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	0
Restructuring charges	1,063
Cash Payment	(914)
Foreign Exchange Adjustments	0
Ending Balance	149
2017 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	245
Restructuring charges	340
Cash Payment	(306)
Foreign Exchange Adjustments	(1)
Ending Balance	278
2016 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	45
Restructuring charges	34
Cash Payment	(19)
Non-Cash Activity	0
Foreign Exchange Adjustments	0
Ending Balance	60
Severance [Member] | 2018 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	0
Restructuring charges	765
Cash Payment	(746)
Foreign Exchange Adjustments	0
Ending Balance	19
Severance [Member] | 2017 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	47
Restructuring charges	0
Cash Payment	0
Foreign Exchange Adjustments	0
Ending Balance	47
Severance [Member] | 2016 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	29
Restructuring Reserve Accrual Adjustment	(1)
Cash Payment	(3)
Non-Cash Activity	0
Foreign Exchange Adjustments	0
Ending Balance	25
Lease Facility Costs [Member] | 2017 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	0
Restructuring charges	96
Cash Payment	(96)
Foreign Exchange Adjustments	0
Ending Balance	0
Lease Facility Costs [Member] | 2016 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	0
Restructuring charges	0
Cash Payment	0
Non-Cash Activity	0
Foreign Exchange Adjustments	0
Ending Balance	0
Other Exit Costs | 2018 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	0
Restructuring charges	298
Cash Payment	(168)
Foreign Exchange Adjustments	0
Ending Balance	130
Other Exit Costs | 2017 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	198
Restructuring charges	244
Cash Payment	(210)
Foreign Exchange Adjustments	(1)
Ending Balance	231
Other Exit Costs | 2016 [Member]
Restructuring Cost and Reserve [Line Items]
Beginning Balance	16
Restructuring charges	35
Cash Payment	(16)
Foreign Exchange Adjustments	0
Ending Balance	$ 35

Fair Value (Narrative) (Details

Fair Value (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Interest rate swap notional amount	$ 152,000		$ 155,300
Unrealized gain on derivative, net of tax	$ 833	$ 365
Interest Rate Swap [Member]
Fair Value Off Balance Sheet Risks Disclosure Information [Line Items]
Fixed interest rate	1.4935%
Fair value of interest rate swap	$ 3,100		$ 2,000
Unrealized gain on interest rate swap	1,100
Unrealized gain on derivative, net of tax	$ 800

Accumulated Other Comprehensi65

Accumulated Other Comprehensive Loss (Schedule Of Accumulated Other Comprehensive Loss By Component) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Accumulated other comprehensive income loss [Line Items]
Accumulated other comprehensive loss, net of tax, beginning balance	$ (8,149)
Other comprehensive gain (loss) before reclassifications	2,165
Other comprehensive income	2,165	$ 964
Accumulated other comprehensive loss, net of tax, ending balance	(5,984)
Foreign currency translaction adjustments [Member]
Accumulated other comprehensive income loss [Line Items]
Accumulated other comprehensive loss, net of tax, beginning balance	(9,567)
Other comprehensive gain (loss) before reclassifications	1,332
Other comprehensive income	1,332
Accumulated other comprehensive loss, net of tax, ending balance	(8,235)
Derivative instruments, net of tax [Member]
Accumulated other comprehensive income loss [Line Items]
Accumulated other comprehensive loss, net of tax, beginning balance	1,478
Other comprehensive gain (loss) before reclassifications	833
Other comprehensive income	833
Accumulated other comprehensive loss, net of tax, ending balance	2,311
Unrealized loss on investments, net of tax [Member]
Accumulated other comprehensive income loss [Line Items]
Accumulated other comprehensive loss, net of tax, beginning balance	(41)
Other comprehensive gain (loss) before reclassifications	0
Other comprehensive income	0
Accumulated other comprehensive loss, net of tax, ending balance	(41)
Other, net of tax [Member]
Accumulated other comprehensive income loss [Line Items]
Accumulated other comprehensive loss, net of tax, beginning balance	(19)
Other comprehensive gain (loss) before reclassifications	0
Other comprehensive income	0
Accumulated other comprehensive loss, net of tax, ending balance	$ (19)

Shareholders' Equity (Narrative

Shareholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	Apr. 11, 2018	Mar. 31, 2018	Mar. 09, 2018	Mar. 06, 2018	Dec. 07, 2015
Dividends Payable [Line Items]
Quarterly cash dividend declared		$ 0.15
Dividend declared date		Mar. 6, 2018
Dividend record date		Mar. 29, 2018
Dividend paid date		Apr. 11, 2018
Equity Class Of Treasury Stock [Line Items]
Repurchase of common shares program authorized amount				$ 250	$ 100
Repurchase of common shares remaining authorized amount		$ 245
Subsequent Event [Member]
Dividends Payable [Line Items]
Dividends paid	$ 7.5
Accelerated Stock Repurchase Agreement [Member]
Equity Class Of Treasury Stock [Line Items]
Accelerated Share Repurchases Payment			$ (50)
Initial ASR share delivery			1.3
ASR Repurchase, Common, Percent of Expected Shares			80.00%