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Segment Information (Tables)

3 Months Ended

Apr. 01, 2018

Segment Information

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

		First Quarter Ended
		April 1,			April 2,
		2018			2017
Net Sales
Americas		$	241.1		$	228.7
Europe			123.0			104.9
APMEA			14.4			13.6
Consolidated net sales		$	378.5		$	347.2
Operating income
Americas		$	36.4		$	31.1
Europe			14.9			12.4
APMEA			1.4			1.0
Subtotal reportable segments			52.7			44.5
Corporate(*)			(8.8)			(8.8)
Consolidated operating income			43.9			35.7
Interest income			(0.4)			(0.2)
Interest expense			4.3			4.8
Other expense, net			0.7			0.3
Income before income taxes		$	39.3		$	30.8
Capital Expenditures
Americas		$	4.6		$	4.3
Europe			2.5			1.3
APMEA			0.2			0.2
Consolidated capital expenditures		$	7.3		$	5.8
Depreciation and Amortization
Americas		$	7.1		$	7.1
Europe			4.9			4.3
APMEA			0.7			0.7
Consolidated depreciation and amortization		$	12.7		$	12.1
Identifiable assets (at end of period)
Americas		$	1,001.9		$	1,071.0
Europe			548.2			564.6
APMEA			138.4			106.6
Consolidated identifiable assets		$	1,688.5		$	1,742.2
Property, plant and equipment, net (at end of period)
Americas		$	110.3		$	106.6
Europe			83.7			75.6
APMEA			7.1			7.6
Consolidated property, plant and equipment, net		$	201.1		$	189.8

*     Corporate expenses are primarily for administrative compensation expense, compliance 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 1,			April 2,
		2018			2017
		(in millions)
U.S. net sales		$	225.2		$	213.9

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

		First Quarter Ended
		April 1,			April 2,
		2018			2017
		(in millions)
Intersegment Sales
Americas		$	2.6		$	2.8
Europe			3.4			3.9
APMEA			16.7			19.6
Intersegment sales		$	22.7		$	26.3

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