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v3.22.0.1

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Segment Information |
Summary of the Company's significant accounts and balances by segment, reconciled to the consolidated totals | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ |  | 2021 |  | 2020 |  | 2019
​ | ​ | (in millions)
Net sales | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Americas | ​ | $ | 1,207.2 | ​ | $ | 1,025.7 | ​ | $ | 1,084.1
Europe | ​ |  | 517.4 | ​ |  | 424.9 | ​ |  | 451.0
APMEA | ​ |  | 84.6 | ​ |  | 58.0 | ​ |  | 65.4
Consolidated net sales | ​ | $ | 1,809.2 | ​ | $ | 1,508.6 | ​ | $ | 1,600.5
Operating income (loss) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Americas | ​ | $ | 211.0 | ​ | $ | 166.3 | ​ | $ | 187.4
Europe | ​ |  | 63.6 | ​ |  | 50.2 | ​ |  | 49.9
APMEA | ​ |  | 14.4 | ​ |  | 3.5 | ​ |  | 6.9
Subtotal reportable segments | ​ |  | 289.0 | ​ |  | 220.0 | ​ |  | 244.2
Corporate(*) | ​ |  | (49.4) | ​ |  | (38.9) | ​ |  | (47.1)
Consolidated operating income | ​ |  | 239.6 | ​ |  | 181.1 | ​ |  | 197.1
Interest income | ​ |  | — | ​ |  | (0.2) | ​ |  | (0.4)
Interest expense | ​ |  | 6.3 | ​ |  | 13.3 | ​ |  | 14.1
Other (income) expense, net | ​ |  | (0.8) | ​ |  | 1.0 | ​ |  | (0.5)
Income before income taxes | ​ | $ | 234.1 | ​ | $ | 167.0 | ​ | $ | 183.9
Capital expenditures | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Americas | ​ | $ | 17.6 | ​ | $ | 31.2 | ​ | $ | 18.3
Europe | ​ |  | 8.5 | ​ |  | 11.4 | ​ |  | 10.3
APMEA | ​ |  | 0.6 | ​ |  | 1.2 | ​ |  | 0.6
Consolidated capital expenditures | ​ | $ | 26.7 | ​ | $ | 43.8 | ​ | $ | 29.2
Depreciation and amortization | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Americas | ​ | $ | 29.8 | ​ | $ | 29.7 | ​ | $ | 29.3
Europe | ​ |  | 12.6 | ​ |  | 14.3 | ​ |  | 14.6
APMEA | ​ |  | 2.7 | ​ |  | 2.5 | ​ |  | 2.7
Consolidated depreciation and amortization | ​ | $ | 45.1 | ​ | $ | 46.5 | ​ | $ | 46.6
Identifiable assets (at end of period) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Americas | ​ | $ | 1,133.5 | ​ | $ | 1,075.1 | ​ | $ | 1,102.9
Europe | ​ |  | 584.8 | ​ |  | 537.2 | ​ |  | 515.2
APMEA | ​ |  | 137.3 | ​ |  | 125.9 | ​ |  | 105.0
Consolidated identifiable assets | ​ | $ | 1,855.6 | ​ | $ | 1,738.2 | ​ | $ | 1,723.1
Property, plant and equipment, net (at end of period) | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Americas | ​ | $ | 121.3 | ​ | $ | 122.9 | ​ | $ | 116.7
Europe | ​ |  | 74.5 | ​ |  | 83.8 | ​ |  | 77.5
APMEA | ​ |  | 4.9 | ​ |  | 5.6 | ​ |  | 5.8
Consolidated property, plant and equipment, net | ​ | $ | 200.7 | ​ | $ | 212.3 | ​ | $ | 200.0
* 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 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​
​ | ​ | December 31,
​ |  | 2021 |  | 2020 |  | 2019
​ | ​ | (in millions)
U.S. net sales | ​ | $ | 1,123.9 | ​ | $ | 956.5 | ​ | $ | 1,014.0
U.S. property, plant and equipment, net (at end of year) | ​ | $ | 116.2 | ​ | $ | 118.9 | ​ | $ | 112.6
Schedule of intersegment sales for Americas, EMEA and Asia-Pacific | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ |  | 2021 |  | 2020 |  | 2019
​ | ​ | (in millions)
Intersegment Sales | ​ | ​ |  | ​ | ​ |  | ​ | ​ |
Americas | ​ | $ | 9.3 | ​ | $ | 8.7 | ​ | $ | 12.1
Europe | ​ |  | 29.1 | ​ |  | 18.9 | ​ |  | 15.2
APMEA | ​ |  | 120.5 | ​ |  | 71.4 | ​ |  | 67.7
Intersegment sales | ​ | $ | 158.9 | ​ | $ | 99.0 | ​ | $ | 95.0

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