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v3.20.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Schedule of Reportable Segment Information | Reportable segment information is presented in the following table:
(In thousands, except percentage amounts) |  | Americas |  | International |  | Corporate |  |  |  | Consolidated Totals
Three Months Ended June 30, 2020 |  |  |  |  |  |  |  |  |  |
Sales to external customers |  | $ | 204,231 |  |  | $ | 110,207 |  |  | $ | — |  |  |  |  | $ | 314,438 |
Operating income |  |  |  |  |  |  |  |  |  | 48,294 |
Restructuring charges (Note 4) |  |  |  |  |  |  |  |  |  | 8,865 |
Currency exchange losses, net (Note 6) |  |  |  |  |  |  |  |  |  | 793 |
Product liability expense (Note 17) |  |  |  |  |  |  |  |  |  | 851 |
Strategic transaction costs (Note 18) |  |  |  |  |  |  |  |  |  | 64 |
Adjusted operating income (loss) |  | 49,003 |  |  | 17,402 |  |  | (7,538) |  |  |  |  | 58,867 |
Adjusted operating margin % |  | 24.0 | % |  | 15.8 | % |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |  |  | 9,786 |
Adjusted EBITDA |  | 55,620 |  |  | 20,474 |  |  | (7,441) |  |  |  |  | 68,653 |
Adjusted EBITDA % |  | 27.2 | % |  | 18.6 | % |  |  |  |  |  |
Six Months Ended June 30, 2020 |  |  |  |  |  |  |  |  |  |
Sales to external customers |  | $ | 435,484 |  |  | $ | 220,099 |  |  | $ | — |  |  |  |  | $ | 655,583 |
Operating income |  |  |  |  |  |  |  |  |  | 107,076 |
Restructuring charges (Note 4) |  |  |  |  |  |  |  |  |  | 10,872 |
Currency exchange losses, net (Note 6) |  |  |  |  |  |  |  |  |  | 1,063 |
Product liability expense (Note 17) |  |  |  |  |  |  |  |  |  | 2,802 |
Strategic transaction costs (Note 18) |  |  |  |  |  |  |  |  |  | 161 |
COVID-19 related costs |  |  |  |  |  |  |  |  |  | 757 |
Adjusted operating income (loss) |  | 108,811 |  |  | 30,073 |  |  | (16,153) |  |  |  |  | 122,731 |
Adjusted operating margin % |  | 25.0 | % |  | 13.7 | % |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |  |  | 19,428 |
Adjusted EBITDA |  | 121,878 |  |  | 36,239 |  |  | (15,958) |  |  |  |  | 142,159 |
Adjusted EBITDA % |  | 28.0 | % |  | 16.5 | % |  |  |  |  |  |
(In thousands, except percentage amounts) |  | Americas |  | International |  | Corporate |  |  |  | Consolidated Totals
Three Months Ended June 30, 2019 |  |  |  |  |  |  |  |  |  |
Sales to external customers |  | $ | 231,389 |  |  | $ | 118,286 |  |  | $ | — |  |  |  |  | $ | 349,675 |
Operating income |  |  |  |  |  |  |  |  |  | 54,478 |
Restructuring charges (Note 4) |  |  |  |  |  |  |  |  |  | 3,522 |
Currency exchange losses, net (Note 6) |  |  |  |  |  |  |  |  |  | 1,290 |
Product liability expense (Note 17) |  |  |  |  |  |  |  |  |  | 3,529 |
Strategic transaction costs (Note 18) |  |  |  |  |  |  |  |  |  | 1,529 |
Adjusted operating income (loss) |  | 57,689 |  |  | 15,072 |  |  | (8,413) |  |  |  |  | 64,348 |
Adjusted operating margin % |  | 24.9 | % |  | 12.7 | % |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |  |  | 9,466 |
Adjusted EBITDA |  | 63,842 |  |  | 18,288 |  |  | (8,316) |  |  |  |  | 73,814 |
Adjusted EBITDA % |  | 27.6 | % |  | 15.5 | % |  |  |  |  |  |
Six Months Ended June 30, 2019 |  |  |  |  |  |  |  |  |  |
Sales to external customers |  | $ | 445,076 |  |  | $ | 230,637 |  |  | $ | — |  |  |  |  | $ | 675,713 |
Operating income |  |  |  |  |  |  |  |  |  | 86,638 |
Restructuring charges (Note 4) |  |  |  |  |  |  |  |  |  | 9,353 |
Currency exchange losses, net (Note 6) |  |  |  |  |  |  |  |  |  | 18,251 |
Product liability expense (Note 17) |  |  |  |  |  |  |  |  |  | 6,425 |
Strategic transaction costs (Note 18) |  |  |  |  |  |  |  |  |  | 1,985 |
Adjusted operating income (loss) |  | 112,492 |  |  | 26,112 |  |  | (15,952) |  |  |  |  | 122,652 |
Adjusted operating margin % |  | 25.3 | % |  | 11.3 | % |  |  |  |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |  |  | 18,792 |
Adjusted EBITDA |  | 124,742 |  |  | 32,459 |  |  | (15,757) |  |  |  |  | 141,444 |
Adjusted EBITDA % |  | 28.0 | % |  | 14.1 | % |  |  |  |  |  |
Percentage of Total Sales by Product Group | Total sales by product group was as follows:
Three Months Ended June 30, 2020 | Consolidated |  |  | Americas |  |  | International |
(In thousands, except percentages) | Dollars | Percent |  | Dollars | Percent |  | Dollars | Percent
Breathing Apparatus | $ | 75,864 |  | 24% |  | $ | 50,269 |  | 25% |  | $ | 25,595 |  | 23%
Fixed Gas & Flame Detection | 65,385 |  | 21% |  | 36,742 |  | 18% |  | 28,643 |  | 26%
Firefighter Helmets & Protective Apparel | 40,337 |  | 13% |  | 33,744 |  | 16% |  | 6,593 |  | 6%
Industrial Head Protection | 30,601 |  | 10% |  | 20,506 |  | 10% |  | 10,095 |  | 9%
Portable Gas Detection | 28,385 |  | 9% |  | 17,201 |  | 8% |  | 11,184 |  | 10%
Fall Protection | 21,660 |  | 7% |  | 11,381 |  | 6% |  | 10,279 |  | 9%
Other (a) | 52,206 |  | 16% |  | 34,388 |  | 17% |  | 17,818 |  | 17%
Total | $ | 314,438 |  | 100% |  | $ | 204,231 |  | 100% |  | $ | 110,207 |  | 100%
Six Months Ended June 30, 2020 | Consolidated |  |  | Americas |  |  | International |
(In thousands, except percentages) | Dollars | Percent |  | Dollars | Percent |  | Dollars | Percent
Breathing Apparatus | $ | 151,708 |  | 23% |  | $ | 102,962 |  | 24% |  | $ | 48,746 |  | 22%
Fixed Gas & Flame Detection | 135,296 |  | 21% |  | 77,989 |  | 18% |  | 57,307 |  | 26%
Firefighter Helmets & Protective Apparel | 82,884 |  | 13% |  | 68,857 |  | 16% |  | 14,027 |  | 7%
Portable Gas Detection | 69,437 |  | 11% |  | 44,850 |  | 10% |  | 24,587 |  | 11%
Industrial Head Protection | 65,933 |  | 10% |  | 48,061 |  | 11% |  | 17,872 |  | 8%
Fall Protection | 49,087 |  | 7% |  | 29,076 |  | 7% |  | 20,011 |  | 9%
Other (a) | 101,238 |  | 15% |  | 63,689 |  | 14% |  | 37,549 |  | 17%
Total | $ | 655,583 |  | 100% |  | $ | 435,484 |  | 100% |  | $ | 220,099 |  | 100%
Three Months Ended June 30, 2019 | Consolidated |  |  | Americas |  |  | International |
(In thousands, except percentages) | Dollars | Percent |  | Dollars | Percent |  | Dollars | Percent
Breathing Apparatus | $ | 74,907 |  | 22% |  | $ | 50,584 |  | 22% |  | $ | 24,323 |  | 21%
Fixed Gas & Flame Detection | 70,310 |  | 20% |  | 39,118 |  | 17% |  | 31,192 |  | 26%
Firefighter Helmets & Protective Apparel | 48,799 |  | 14% |  | 39,091 |  | 17% |  | 9,708 |  | 8%
Portable Gas Detection | 42,343 |  | 12% |  | 33,844 |  | 13% |  | 8,499 |  | 7%
Industrial Head Protection | 38,921 |  | 11% |  | 25,045 |  | 12% |  | 13,876 |  | 12%
Fall Protection | 31,629 |  | 9% |  | 18,720 |  | 8% |  | 12,909 |  | 11%
Other (a) | 42,766 |  | 12% |  | 24,987 |  | 11% |  | 17,779 |  | 15%
Total | $ | 349,675 |  | 100% |  | $ | 231,389 |  | 100% |  | $ | 118,286 |  | 100%
Six Months Ended June 30, 2019 | Consolidated |  |  | Americas |  |  | International |
(In thousands, except percentages) | Dollars | Percent |  | Dollars | Percent |  | Dollars | Percent
Breathing Apparatus | $ | 150,354 |  | 22% |  | $ | 101,489 |  | 23% |  | $ | 48,865 |  | 21%
Fixed Gas & Flame Detection | 130,709 |  | 19% |  | 72,048 |  | 16% |  | 58,661 |  | 25%
Firefighter Helmets & Protective Apparel | 92,376 |  | 14% |  | 74,155 |  | 17% |  | 18,221 |  | 8%
Portable Gas Detection | 83,069 |  | 12% |  | 55,458 |  | 12% |  | 27,611 |  | 12%
Industrial Head Protection | 74,665 |  | 12% |  | 58,258 |  | 13% |  | 16,407 |  | 7%
Fall Protection | 61,756 |  | 9% |  | 36,680 |  | 8% |  | 25,076 |  | 11%
Other (a) | 82,784 |  | 12% |  | 46,988 |  | 11% |  | 35,796 |  | 16%
Total | $ | 675,713 |  | 100% |  | $ | 445,076 |  | 100% |  | $ | 230,637 |  | 100%
(a) Other products include sales of Air Purifying Respirators.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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