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Segment Information | 6 Months Ended
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Jun. 30, 2017
Segment Reporting [Abstract] |
Segment Information | Segment Information We are organized into six geographic operating segments based on management responsibilities. The operating segments have been aggregated (based on economic similarities, the nature of their products, end-user markets and methods of distribution) into three reportable segments: Americas, International, and Corporate. The Americas and International segments were established on January 1, 2016. The Americas segment is comprised of our operations in North America and Latin America geographies. The International segment is comprised of our operations of all geographies outside of the Americas. Certain global expenses are allocated to each segment in a manner consistent with where the benefits from the expenses are derived. The Company's sales are allocated to each country based primarily on the destination of the end-customer. Adjusted operating income (loss) and adjusted operating margin are the measures used by the chief operating decision maker to evaluate segment performance and allocate resources. Adjusted operating income (loss) is defined as operating income from continuing operations excluding restructuring charges, currency exchange gains (losses) and other operating expense. Adjusted operating margin is defined as adjusted operating income (loss) divided by segment sales to external customers. Adjusted operating income (loss) and adjusted operating margin are not recognized terms under GAAP and therefore do not purport to be alternatives to operating income or operating margin from continuing operations as a measure of operating performance. Further, the Company's measure of adjusted operating income (loss) and adjusted operating margin may not be comparable to similarly titled measures of other companies. Adjusted operating income (loss) on a consolidated basis is presented in the following table to reconcile the segment operating performance measure to operating income as presented on the Condensed Consolidated Statement of Income. The accounting principles applied at the operating segment level in determining operating income (loss) are generally the same as those applied at the consolidated financial statement level. Sales and transfers between operating segments are accounted for at market-based transaction prices and are eliminated in consolidation. Reportable segment information is presented in the following table:
(In thousands) |  | Americas |  | International |  | Corporate |  | Reconciling Items 1 |  | Consolidated Totals
Three Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |
Sales to external customers |  | $ | 174,960 |  |  | $ | 113,815 |  |  | $ | — |  |  | $ | — |  |  | $ | 288,775 |
Intercompany sales |  | 32,264 |  |  | 75,575 |  |  | — |  |  | (107,839 | ) |  | — |
Operating income |  |  |  |  |  |  |  |  |  | 14,301 |
Restructuring and other charges |  |  |  |  |  |  |  |  |  | 967 |
Currency exchange losses, net |  |  |  |  |  |  |  |  |  | 2,851 |
Other operating expense (Note 18) |  |  |  |  |  |  |  |  |  | 29,610 |
Adjusted operating income (loss) |  | 45,528 |  |  | 10,970 |  |  | (8,769 | ) |  | — |  |  | 47,729 |
Adjusted operating margin % |  | 26.0 | % |  | 9.6 | % |  |  |  |  |  |
Six Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |
Sales to external customers |  | $ | 341,528 |  |  | $ | 213,012 |  |  | $ | — |  |  | $ | — |  |  | $ | 554,540 |
Intercompany sales |  | 62,453 |  |  | 145,771 |  |  | — |  |  | (208,224 | ) |  | — |
Operating income |  |  |  |  |  |  |  |  |  | 33,723 |
Restructuring and other charges |  |  |  |  |  |  |  |  |  | 13,706 |
Currency exchange losses, net |  |  |  |  |  |  |  |  |  | 3,431 |
Other operating expense (Note 18) |  |  |  |  |  |  |  |  |  | 29,610 |
Adjusted operating income (loss) |  | 83,634 |  |  | 17,614 |  |  | (20,778 | ) |  | — |  |  | 80,470 |
Adjusted operating margin % |  | 24.5 | % |  | 8.3 | % |  |  |  |  |  |
(In thousands) |  | Americas |  | International |  | Corporate |  | Reconciling Items 1 |  | Consolidated Totals
Three Months Ended June 30, 2016 |  |  |  |  |  |  |  |  |  |
Sales to external customers |  | $ | 177,623 |  |  | $ | 118,375 |  |  | $ | — |  |  | $ | — |  |  | $ | 295,998 |
Intercompany sales |  | 30,037 |  |  | 69,648 |  |  | — |  |  | (99,685 | ) |  | — |
Operating income |  |  |  |  |  |  |  |  |  | 47,899 |
Restructuring and other charges |  |  |  |  |  |  |  |  |  | 1,338 |
Currency exchange (gains), net |  |  |  |  |  |  |  |  |  | (242 | )
Other operating expense (Note 18) |  |  |  |  |  |  |  |  |  | — |
Adjusted operating income (loss) |  | 44,671 |  |  | 12,741 |  |  | (8,417 | ) |  |  |  | 48,995 |
Adjusted operating margin % |  | 25.1 | % |  | 10.8 | % |  |  |  |  |  |
Six Months Ended June 30, 2016 |  |  |  |  |  |  |  |  |  |
Sales to external customers |  | $ | 344,965 |  |  | $ | 230,301 |  |  | $ | — |  |  | $ | — |  |  | $ | 575,266 |
Intercompany sales |  | 57,869 |  |  | 130,337 |  |  | — |  |  | (188,206 | ) |  | — |
Operating income |  |  |  |  |  |  |  |  |  | 76,626 |
Restructuring and other charges |  |  |  |  |  |  |  |  |  | 1,808 |
Currency exchange losses, net |  |  |  |  |  |  |  |  |  | 1,708 |
Other operating expense (Note 18) |  |  |  |  |  |  |  |  |  | — |
Adjusted operating income (loss) |  | 76,016 |  |  | 21,148 |  |  | (17,022 | ) |  | — |  |  | 80,142 |
Adjusted operating margin % |  | 22.0 | % |  | 9.2 | % |  |  |  |  |  |
1 Reconciling items consist primarily of intercompany eliminations and items not directly attributable to reporting segments. The percentage of total sales by product group were as follows:
Three Months Ended June 30, | 2017 |  | 2016
Breathing Apparatus | 24% |  | 27%
Fixed Gas & Flame Detection | 21% |  | 18%
Portable Gas Detection | 13% |  | 14%
Industrial Head Protection | 12% |  | 11%
Fall Protection | 9% |  | 8%
Fire & Rescue Helmets | 5% |  | 5%
Other | 16% |  | 17%
Six Months Ended June 30, | 2017 |  | 2016
Breathing Apparatus | 25% |  | 28%
Fixed Gas & Flame Detection | 20% |  | 19%
Portable Gas Detection | 13% |  | 13%
Industrial Head Protection | 12% |  | 10%
Fall Protection | 9% |  | 8%
Fire & Rescue Helmets | 5% |  | 5%
Other | 16% |  | 17%

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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