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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of segment reporting information, by segment

The following table summarizes financial information regarding each reportable segment’s results of operations, including disaggregated external net sales by product category:

						Year Ended December 31,
(dollars in millions)						2022						2021						2020
Net Sales:
Electronics
Assembly Solutions						$	839.4					$	824.2					$	571.7
Circuitry Solutions						496.5						503.7						441.1
Semiconductor Solutions						268.2						254.6						199.4
Total Electronics						1,604.1						1,582.5						1,212.2
Industrial & Specialty
Industrial Solutions						728.3						599.7						432.9
Graphics Solutions						150.1						155.5						143.6
Energy Solutions						66.9						62.1						65.0
Total Industrial & Specialty						945.3						817.3						641.5
Total net sales						$	2,549.4					$	2,399.8					$	1,853.7
Adjusted EBITDA:
Electronics						$	362.1					$	372.0					$	291.9
Industrial & Specialty						164.5						152.8						131.4
Total Adjusted EBITDA						$	526.6					$	524.8					$	423.3

The following table reconciles "Net income attributable to common stockholders" to Adjusted EBITDA:

						Year Ended December 31,
(dollars in millions)						2022						2021						2020
Net income attributable to common stockholders						$	187.2					$	203.3					$	75.7
Add (subtract):
Net income attributable to the non-controlling interests						0.8						0.4						—
(Income) loss from discontinued operations, net of tax						(1.8)						(0.3)						1.1
Income tax expense						85.8						48.3						4.3
Interest expense, net						51.2						54.2						63.4
Depreciation expense						41.6						39.7						42.2
Amortization expense						119.7						124.2						119.2
EBITDA						484.5						469.8						305.9
Adjustments to reconcile to Adjusted EBITDA:
Restructuring expense						9.5						11.7						6.3
Inventory step-up						0.5						12.9						2.4
Acquisition and integration expense						10.6						14.2						12.3
Foreign exchange loss (gain) on internal debt						7.8						(16.6)						35.4
Debt refinancing costs						—						—						45.7
Foundation contributions						—						—						5.0
Unrealized loss (gain) on metals derivative contracts						1.3						(0.1)						0.7
Adjustment of stock compensation previously not probable (Note 8)						1.3						23.9						—
Other, net						11.1						9.0						9.6
Adjusted EBITDA						$	526.6					$	524.8					$	423.3

Revenue from external customers by geographic areas

						Year Ended December 31,
(dollars in millions)						2022						2021						2020
United States						$	645.3					$	585.0					$	485.3
China						498.1						486.5						347.9
Other countries						1,406.0						1,328.3						1,020.5
Total						$	2,549.4					$	2,399.8					$	1,853.7

Schedule of revenue from external customers and long-lived assets, by geographical areas

						December 31,
(dollars in millions)						2022						2021
United States						$	89.7					$	87.9
China						42.3						44.5
Other countries						145.2						145.7
Total						$	277.2					$	278.1

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

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+ References

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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.

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