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Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Total assets and long-lived assets by segment

The following table summarizes total assets by segment:

(in millions)			June 30, 2020						December 31, 2019
North America			$	3,299.5					$	3,142.9
International			603.2						615.3
Corporate			549.9						477.1
Inter-segment eliminations			(1,250.7)						(1,173.5)
Total assets			$	3,201.9					$	3,061.8

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

(in millions)			June 30, 2020						December 31, 2019
North America			$	369.0					$	328.9
International			51.2						51.8
Corporate			42.6						55.1
Total property, plant and equipment, net			$	462.8					$	435.8

The following table summarizes operating lease right-of-use assets by segment:

(in millions)			June 30, 2020						December 31, 2019
North America			$	237.0					$	202.0
International			42.1						42.2
Corporate			2.5						1.2
Total operating lease right-of-use assets			$	281.6					$	245.4

Segment financial information

The following table summarizes segment information for the three months ended June 30, 2020:

(in millions)			North America						International						Corporate						Eliminations						Consolidated
Net sales			$	570.5					$	94.7					$	—					$	—					$	665.2
Inter-segment sales			$	0.1					$	—					$	—					$	(0.1)					$	—
Inter-segment royalty expense (income)			0.7						(0.7)						—						—						—
Gross profit			216.2						49.7						—						—						265.9
Operating income (loss)			69.4						9.6						(25.6)						—						53.4
Income (loss) from continuing operations before income taxes			68.0						7.6						(43.1)						—						32.5
Depreciation and amortization (1)			$	18.6					$	3.4					$	9.8					$	—					$	31.8
Capital expenditures			18.1						3.1						2.0						—						23.2

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

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

(in millions)			North America						International						Corporate						Eliminations						Consolidated
Net sales			$	588.1					$	134.7					$	—					$	—					$	722.8
Inter-segment sales			$	0.9					$	0.1					$	—					$	(1.0)					$	—
Inter-segment royalty expense (income)			1.0						(1.0)						—						—						—
Gross profit			240.0						73.4						—						—						313.4
Operating income (loss)			80.1						27.4						(26.5)						—						81.0
Income (loss) from continuing operations before income taxes			78.6						23.2						(43.3)						—						58.5
Depreciation and amortization (1)			$	15.6					$	3.5					$	9.5					$	—					$	28.6
Capital expenditures			14.4						3.1						3.3						—						20.8

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

The following table summarizes segment information for the six months ended June 30, 2020:

(in millions)			North America						International						Corporate						Eliminations						Consolidated
Net sales			$	1,247.7					$	239.9					$	—					$	—					$	1,487.6
Inter-segment sales			$	0.9					$	0.1					$	—					$	(1.0)					$	—
Inter-segment royalty expense (income)			2.1						(2.1)						—						—						—
Gross profit			493.4						129.6						—						—						623.0
Operating income (loss)			170.8						36.2						(48.3)						—						158.7
Income (loss) from continuing operations before income taxes			167.6						32.1						(82.7)						—						117.0
Depreciation and amortization (1)			$	36.2					$	6.7					$	19.4					$	—					$	62.3
Capital expenditures			39.4						5.5						4.5						—						49.4

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

The following table summarizes segment information for the six months ended June 30, 2019:

(in millions)			North America						International						Corporate						Eliminations						Consolidated
Net sales			$	1,132.1					$	281.6					$	—					$	—					$	1,413.7
Inter-segment sales			$	1.9					$	0.4					$	—					$	(2.3)					$	—
Inter-segment royalty expense (income)			2.0						(2.0)						—						—						—
Gross profit			444.4						150.8						—						—						595.2
Operating income (loss)			144.4						52.6						(55.5)						—						141.5
Income (loss) from continuing operations before income taxes			141.0						53.0						(89.6)						—						104.4
Depreciation and amortization (1)			$	30.6					$	6.8					$	19.3					$	—					$	56.7
Capital expenditures			27.3						6.0						6.6						—						39.9

(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)			June 30, 2020						December 31, 2019
United States			$	395.7					$	366.4
Canada			15.9						17.5
Other International			51.2						51.9
Total property, plant and equipment, net			$	462.8					$	435.8
Total International			$	67.1					$	69.4

The following table summarizes operating lease right-of-use assets by geographic region:

(in millions)			June 30, 2020						December 31, 2019
United States			$	235.4					$	198.3
Canada			4.1						4.9
Other International			42.1						42.2
Total operating lease right-of-use assets			$	281.6					$	245.4
Total International			$	46.2					$	47.1

Net sales by geographic region

The following table summarizes net sales by geographic region:

			Three Months Ended																		Six Months Ended
			June 30,																		June 30,
(in millions)			2020						2019						2020						2019
United States			$	542.0					$	533.7					$	1,174.5					$	1,030.9
Canada			28.5						54.4						73.2						101.2
Other International			94.7						134.7						239.9						281.6
Total net sales			$	665.2					$	722.8					$	1,487.6					$	1,413.7
Total International			$	123.2					$	189.1					$	313.1					$	382.8

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