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Segment Information (Tables)

9 Months Ended

Oct. 02, 2016

Segment Information

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

		Third Quarter Ended						Nine Months Ended
		October 2, 2016			September 27, 2015			October 2, 2016			September 27, 2015
		(in millions)
Net sales
Americas		$	215.8		$	245.0		$	677.6		$	745.2
EMEA		109.8			110.9			338.2			332.1
Asia-Pacific		15.5			10.4			40.6			32.1
Consolidated net sales		$	341.1		$	366.3		$	1,056.4		$	1,109.4
Operating income (loss)
Americas		$	32.2		$	30.3		$	95.7		$	90.6
EMEA		12.5			10.9			33.2			25.7
Asia-Pacific		1.4			1.2			12.2			0.9
Subtotal reportable segments		46.1			42.4			141.1			117.2
Corporate (*)		(9.6		)	(72.6		)	(27.7		)	(89.8		)
Consolidated operating income (loss)		36.5			(30.2		)	113.4			27.4
Interest income		(0.3		)	(0.3		)	(0.8		)	(0.7		)
Interest expense		4.9			6.2			17.1			18.0
Other income, net		(0.5		)	(0.2		)	(3.6		)	(0.8		)
Income (loss) before income taxes		$	32.4		$	(35.9	)	$	100.7		$	10.9
Capital expenditures
Americas		$	5.1		$	4.6		$	19.5		$	12.8
EMEA		1.9			1.8			6.4			5.6
Asia-Pacific		0.1			0.3			0.4			0.8
Consolidated capital expenditures		$	7.1		$	6.7		$	26.3		$	19.2
Depreciation and amortization
Americas		$	7.7		$	8.0		$	20.9		$	22.1
EMEA		4.8			5.3			14.6			15.9
Asia-Pacific		0.7			0.5			2.5			1.7
Consolidated depreciation and amortization		$	13.2		$	13.8		$	38.0		$	39.7
Identifiable assets (at end of period)
Americas								$	1,012.2		$	1,033.6
EMEA								612.0			744.1
Asia-Pacific								123.1			80.6
Consolidated identifiable assets								$	1,747.3		$	1,858.3
Property, plant and equipment, net (at end of period)
Americas								$	95.8		$	86.3
EMEA								81.2			86.9
Asia-Pacific								7.8			11.9
Consolidated property, plant and equipment, net								$	184.8		$	185.1

*   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

		Third Quarter Ended						Nine Months Ended
		October 2, 2016			September 27, 2015			October 2, 2016			September 27, 2015
		(in millions)
U.S. net sales		$	200.5		$	227.8		$	631.9		$	693.6

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

		Third Quarter Ended						Nine Months Ended
		October 2, 2016			September 27, 2015			October 2, 2016			September 27, 2015
		(in millions)
Intersegment Sales
Americas		$	2.9		$	2.1		$	9.1		$	5.8
EMEA		2.8			2.3			8.3			7.8
Asia-Pacific		17.5			27.9			59.2			91.0
Intersegment sales		$	23.2		$	32.3		$	76.6		$	104.6

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