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Segment Information (Tables)

6 Months Ended

Jul. 03, 2016

Segment Information

Summary of the Company's significant accounts and balances by segment, reconciled to the consolidated totals

		Second Quarter Ended						Six Months Ended
		July 3, 2016			June 28, 2015			July 3, 2016			June 28, 2015
		(in millions)
Net sales
Americas		$	239.5		$	262.8		$	461.8		$	500.2
EMEA		117.4			112.2			228.4			221.2
Asia-Pacific		14.2			11.9			25.1			21.7
Consolidated net sales		$	371.1		$	386.9		$	715.3		$	743.1
Operating income (loss)
Americas		$	35.4		$	36.1		$	63.5		$	60.3
EMEA		10.5			9.4			20.7			14.8
Asia-Pacific		9.5			(1.8		)	10.8			(0.3		)
Subtotal reportable segments		55.4			43.7			95.0			74.8
Corporate (*)		(9.7		)	(8.9		)	(18.1		)	(17.2		)
Consolidated operating income		45.7			34.8			76.9			57.6
Interest income		(0.3		)	(0.2		)	(0.5		)	(0.4		)
Interest expense		5.5			5.9			12.2			11.8
Other income, net		(0.9		)	(0.4		)	(3.1		)	(0.6		)
Income before income taxes		$	41.4		$	29.5		$	68.3		$	46.8
Capital expenditures
Americas		$	7.0		$	4.1		$	14.4		$	8.2
EMEA		2.8			2.6			4.5			3.8
Asia-Pacific		0.2			0.2			0.3			0.5
Consolidated capital expenditures		$	10.0		$	6.9		$	19.2		$	12.5
Depreciation and amortization
Americas		$	6.7		$	7.1		$	13.3		$	14.1
EMEA		4.9			5.2			9.8			10.6
Asia-Pacific		0.9			0.6			1.8			1.2
Consolidated depreciation and amortization		$	12.5		$	12.9		$	24.9		$	25.9
Identifiable assets (at end of period)
Americas								$	1,001.5		$	1,071.9
EMEA								601.4			737.0
Asia-Pacific								121.6			84.4
Consolidated identifiable assets								$	1,724.5		$	1,893.3
Property, plant and equipment, net (at end of period)
Americas								$	95.3		$	85.8
EMEA								81.6			88.4
Asia-Pacific								8.1			12.4
Consolidated property, plant and equipment, net								$	185.0		$	186.6

*   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

		Second Quarter Ended						Six Months Ended
		July 3, 2016			June 28, 2015			July 3, 2016			June 28, 2015
		(in millions)
U.S. net sales		$	223.5		$	244.4		$	431.4		$	465.8

Schedule of intersegment sales for Americas, EMEA and Asia-Pacific

		Second Quarter Ended						Six Months Ended
		July 3, 2016			June 28, 2015			July 3, 2016			June 28, 2015
		(in millions)
Intersegment Sales
Americas		$	3.4		$	1.9		$	6.2		$	3.7
EMEA		2.9			2.8			5.5			5.5
Asia-Pacific		16.3			32.6			41.7			63.1
Intersegment sales		$	22.6		$	37.3		$	53.4		$	72.3

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