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Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Total assets and long-lived assets by segment

The following table summarizes total assets by segment:

(in millions)	September 30, 2019				December 31, 2018
North America	$	3,187.8			$	2,788.1
International	605.8				604.8
Corporate	503.3				569.0
Inter-segment eliminations	(1,193.8		)		(1,246.5		)
Total assets	$	3,103.1			$	2,715.4

     The following table summarizes property, plant and equipment, net by segment:

(in millions)	September 30, 2019				December 31, 2018
North America	$	326.6			$	317.5
International	49.9				51.1
Corporate	55.0				52.2
Total property, plant and equipment, net	$	431.5			$	420.8

Segment financial information

The following table summarizes segment information for the three months ended September 30, 2019:

(in millions)	North America				International				Corporate				Eliminations				Consolidated
Net sales	$	682.0			$	139.0			$	—			$	—			$	821.0
Inter-segment sales	$	0.6			$	—			$	—			$	(0.6	)		$	—
Inter-segment royalty expense (income)	1.2				(1.2		)		—				—				—
Gross profit	286.8				73.8				—				—				360.6
Operating income (loss)	119.8				27.3				(26.5		)		—				120.6
Income (loss) from continuing operations before income taxes	117.8				24.0				(43.3		)		—				98.5
Depreciation and amortization (1)	$	17.1			$	3.4			$	9.5			$	—			$	30.0
Capital expenditures	15.0				2.0				5.0				—				22.0

(1) Depreciation and amortization includes stock-based compensation amortization expense.

The following table summarizes segment information for the three months ended September 30, 2018:

(in millions)	North America				International				Corporate				Eliminations				Consolidated
Net sales	$	595.8			$	133.7			$	—			$	—			$	729.5
Inter-segment sales	$	1.1			$	0.2			$	—			$	(1.3	)		$	—
Inter-segment royalty expense (income)	0.9				(0.9		)		—				—				—
Gross profit	229.2				70.8				—				—				300.0
Operating income (loss)	81.9				25.8				(23.0		)		—				84.7
Income (loss) from continuing operations before income taxes	78.5				23.5				(42.3		)		—				59.7
Depreciation and amortization (1)	$	16.6			$	3.3			$	10.0			$	—			$	29.9
Capital expenditures	11.2				2.9				1.2				—				15.3

(1) Depreciation and amortization includes stock-based compensation amortization expense.

The following table summarizes segment information for the nine months ended September 30, 2019:

(in millions)	North America				International				Corporate				Eliminations				Consolidated
Net sales	$	1,814.1			$	420.6			$	—			$	—			$	2,234.7
Inter-segment sales	$	2.5			$	0.4			$	—			$	(2.9	)		$	—
Inter-segment royalty expense (income)	3.2				(3.2		)		—				—				—
Gross profit	731.2				224.6				—				—				955.8
Operating income (loss)	264.2				79.9				(82.0		)		—				262.1
Income (loss) from continuing operations before income taxes	258.8				77.0				(132.9		)		—				202.9
Depreciation and amortization (1)	$	47.7			$	10.2			$	28.8			$	—			$	86.7
Capital expenditures	42.3				8.0				11.6				—				61.9

(1) Depreciation and amortization includes stock-based compensation amortization expense.

The following table summarizes segment information for the nine months ended September 30, 2018:

(in millions)	North America				International				Corporate				Eliminations				Consolidated
Net sales	$	1,608.6			$	418.2			$	—			$	—			$	2,026.8
Inter-segment sales	$	2.3			$	0.4			$	—			$	(2.7	)		$	—
Inter-segment royalty expense (income)	2.2				(2.2		)		—				—				—
Gross profit	616.7				220.8				—				—				837.5
Operating income (loss)	200.1				75.5				(77.2		)		—				198.4
Income (loss) from continuing operations before income taxes	193.7				71.0				(134.0		)		—				130.7
Depreciation and amortization (1)	$	43.8			$	10.2			$	30.8			$	—			$	84.8
Capital expenditures	42.1				8.9				4.8				—				55.8

(1) Depreciation and amortization includes stock-based compensation amortization expense.

Long-lived assets by geographic region

The following table summarizes property, plant and equipment, net by geographic region:

(in millions)	September 30, 2019				December 31, 2018
United States	$	363.8			$	350.7
Canada	17.8				19.1
Other International	49.9				51.0
Total property, plant and equipment, net	$	431.5			$	420.8
Total International	$	67.7			$	70.1

Net sales by geographic region

The following table summarizes net sales by geographic region:

	Three Months Ended								Nine Months Ended
	September 30,								September 30,
(in millions)	2019				2018				2019				2018
United States	$	621.4			$	536.8			$	1,652.3			$	1,454.6
Canada	60.6				59.0				161.8				154.0
Other International	139.0				133.7				420.6				418.2
Total net sales	$	821.0			$	729.5			$	2,234.7			$	2,026.8
Total International	$	199.6			$	192.7			$	582.4			$	572.2

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