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Segment Information (Tables) | 3 Months Ended
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Apr. 03, 2016
Segment Information |
Summary of the Company's significant accounts and balances by segment, reconciled to the consolidated totals |
|  | First Quarter Ended |
|  | April 3, 2015 |  | March 29, 2015 |
|  | (in millions) |
Net sales |  |  |  |  |
Americas |  | $ | 222.3 |  | $ | 237.4 |
EMEA |  | 111.0 |  | 109.0 |
Asia-Pacific |  | 10.9 |  | 9.8 |
Consolidated net sales |  | $ | 344.2 |  | $ | 356.2 |
Operating income (loss) |  |  |  |  |
Americas |  | $ | 28.1 |  | $ | 24.2 |
EMEA |  | 10.2 |  | 5.4 |
Asia-Pacific |  | 1.3 |  | 1.5 |
Subtotal reportable segments |  | 39.6 |  | 31.1 |
Corporate (*) |  | (8.4 | ) | (8.3 | )
Consolidated operating income |  | 31.2 |  | 22.8 |
Interest income |  | (0.2 | ) | (0.2 | )
Interest expense |  | 6.7 |  | 5.9 |
Other income |  | (2.2 | ) | (0.2 | )
Income before income taxes |  | $ | 26.9 |  | $ | 17.3 |
Capital expenditures |  |  |  |  |
Americas |  | $ | 7.3 |  | $ | 4.1 |
EMEA |  | 1.7 |  | 1.2 |
Asia-Pacific |  | 0.2 |  | 0.3 |
Consolidated capital expenditures |  | $ | 9.2 |  | $ | 5.6 |
Depreciation and amortization |  |  |  |  |
Americas |  | $ | 6.6 |  | $ | 7.0 |
EMEA |  | 4.9 |  | 5.4 |
Asia-Pacific |  | 0.9 |  | 0.6 |
Consolidated depreciation and amortization |  | $ | 12.4 |  | $ | 13.0 |
Identifiable assets (at end of period) |  |  |  |  |
Americas |  | $ | 1,006.3 |  | $ | 1,060.2 |
EMEA |  | 607.1 |  | 714.8 |
Asia-Pacific |  | 121.2 |  | 84.9 |
Consolidated identifiable assets |  | $ | 1,734.6 |  | $ | 1,859.9 |
Property, plant and equipment, net (at end of period) |  |  |  |  |
Americas |  | $ | 92.4 |  | $ | 90.1 |
EMEA |  | 84.4 |  | 86.6 |
Asia-Pacific |  | 8.5 |  | 12.8 |
Consolidated property, plant and equipment, net |  | $ | 185.3 |  | $ | 189.5 |
* Corporate expenses are primarily for administrative compensation expense, internal controls costs, professional fees, including corporate-related legal and audit expenses, shareholder services and benefit administration costs.
Schedule of U.S. net sales of the Company's Americas segment |
|  | First Quarter Ended |
|  | April 3, 2016 |  | March 29, 2015 |
|  | (in millions) |
U.S. net sales |  | $ | 207.9 |  | $ | 221.4 |
Schedule of intersegment sales for Americas, EMEA and Asia-Pacific |
|  | First Quarter Ended |
|  | April 3, 2016 |  | March 29, 2015 |
|  | (in millions) |
Intersegment Sales |  |  |  |  |
Americas |  | $ | 2.8 |  | $ | 1.8 |
EMEA |  | 2.6 |  | 2.7 |
Asia-Pacific |  | 25.4 |  | 30.5 |
Intersegment sales |  | $ | 30.8 |  | $ | 35.0 |

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