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v3.19.1

Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2019
Segment Information |
Summary of the Company's significant accounts and balances by segment, reconciled to the consolidated totals |
|  | First Quarter Ended
|  | 2019 |  | 2018
Net Sales |  |  |  |  |  |
Americas |  | $ | 258.9 |  | $ | 241.1
Europe |  |  | 116.3 |  |  | 123.0
APMEA |  |  | 13.5 |  |  | 14.4
Consolidated net sales |  | $ | 388.7 |  | $ | 378.5
Operating income |  |  |  |  |  |
Americas |  | $ | 43.1 |  | $ | 36.4
Europe |  |  | 13.2 |  |  | 14.9
APMEA |  |  | 1.3 |  |  | 1.4
Subtotal reportable segments |  |  | 57.6 |  |  | 52.7
Corporate(*) |  |  | (10.9) |  |  | (8.8)
Consolidated operating income |  |  | 46.7 |  |  | 43.9
Interest income |  |  | (0.1) |  |  | (0.4)
Interest expense |  |  | 3.6 |  |  | 4.3
Other expense, net |  |  | 0.5 |  |  | 0.7
Income before income taxes |  | $ | 42.7 |  | $ | 39.3
Capital Expenditures |  |  |  |  |  |
Americas |  | $ | 3.9 |  | $ | 4.6
Europe |  |  | 3.0 |  |  | 2.5
APMEA |  |  | — |  |  | 0.2
Consolidated capital expenditures |  | $ | 6.9 |  | $ | 7.3
Depreciation and Amortization |  |  |  |  |  |
Americas |  | $ | 7.1 |  | $ | 7.1
Europe |  |  | 3.6 |  |  | 4.9
APMEA |  |  | 0.7 |  |  | 0.7
Consolidated depreciation and amortization |  | $ | 11.4 |  | $ | 12.7
Identifiable assets (at end of period) |  |  |  |  |  |
Americas |  | $ | 1,050.1 |  | $ | 1,001.9
Europe |  |  | 524.9 |  |  | 548.2
APMEA |  |  | 108.4 |  |  | 138.4
Consolidated identifiable assets |  | $ | 1,683.4 |  | $ | 1,688.5
Property, plant and equipment, net (at end of period) |  |  |  |  |  |
Americas |  | $ | 114.3 |  | $ | 110.3
Europe |  |  | 78.7 |  |  | 83.7
APMEA |  |  | 6.6 |  |  | 7.1
Consolidated property, plant and equipment, net |  | $ | 199.6 |  | $ | 201.1
* 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
|  | March 31, |  | April 1,
|  | 2019 |  | 2018
|  | (in millions)
U.S. net sales |  | $ | 243.5 |  | $ | 225.2
Schedule of intersegment sales for Americas, EMEA and Asia-Pacific |
|  | First Quarter Ended
|  | March 31, |  | April 1,
|  | 2019 |  | 2018
|  | (in millions)
Intersegment Sales |  |  |  |  |  |
Americas |  | $ | 2.9 |  | $ | 2.6
Europe |  |  | 3.6 |  |  | 3.4
APMEA |  |  | 16.9 |  |  | 16.7
Intersegment sales |  | $ | 23.4 |  | $ | 22.7

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