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Business segment information (Tables) | 9 Months Ended
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Sep. 30, 2012
Schedule of segment results | The following tables present the Company’s segment results for the three and nine months ended September 30, 2012 and September 25, 2011:
|  | Three Months Ended September 30, 2012 |
|  | Americas |  |  | EMEA |  |  | Asia |  |  | OEM |  |  | Totals |
|  | (Dollars in thousands) |
Segment Results |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment net revenues from external customers |  | $ | 169,548 |  |  | $ | 116,015 |  |  | $ | 45,592 |  |  | $ | 36,899 |  |  | $ | 368,054 |
Segment depreciation and amortization |  |  | 16,439 |  |  |  | 5,249 |  |  |  | 967 |  |  |  | 1,058 |  |  |  | 23,713 |
Segment operating profit(1) |  |  | 17,476 |  |  |  | 5,318 |  |  |  | 18,718 |  |  |  | 9,417 |  |  |  | 50,929 |
Segment expenditures for property, plant and equipment |  |  | 9,253 |  |  |  | 3,248 |  |  |  | 43 |  |  |  | 2,052 |  |  |  | 14,596 |
Intersegment revenues |  |  | 38,874 |  |  |  | 17,136 |  |  |  | — |  |  |  | 94 |  |  |  |  |
|  | Three Months Ended September 25, 2011 |
|  | Americas |  |  | EMEA |  |  | Asia |  |  | OEM |  |  | Totals |
|  | (Dollars in thousands) |
Segment Results |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment net revenues from external customers |  | $ | 167,271 |  |  | $ | 127,121 |  |  | $ | 35,114 |  |  | $ | 33,235 |  |  | $ | 362,741 |
Segment depreciation and amortization |  |  | 16,440 |  |  |  | 5,875 |  |  |  | 970 |  |  |  | 877 |  |  |  | 24,162 |
Segment operating profit(1) |  |  | 21,526 |  |  |  | 20,900 |  |  |  | 12,258 |  |  |  | 7,048 |  |  |  | 61,732 |
Segment expenditures for property, plant and equipment |  |  | 7,565 |  |  |  | 3,299 |  |  |  | 234 |  |  |  | 1,068 |  |  |  | 12,166 |
Intersegment revenues |  |  | 41,245 |  |  |  | 17,036 |  |  |  | — |  |  |  | 129 |  |  |  |  |
|  | Nine Months Ended September 30, 2012 |
|  | Americas |  |  | EMEA |  |  | Asia |  |  | OEM |  |  | Totals |
|  | (Dollars in thousands) |
Segment Results |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment net revenues from external customers |  | $ | 526,685 |  |  | $ | 377,513 |  |  | $ | 123,205 |  |  | $ | 104,550 |  |  | $ | 1,131,953 |
Segment depreciation and amortization |  |  | 47,482 |  |  |  | 16,096 |  |  |  | 2,561 |  |  |  | 3,022 |  |  |  | 69,161 |
Segment operating profit(1) |  |  | 64,975 |  |  |  | 46,706 |  |  |  | 41,500 |  |  |  | 22,884 |  |  |  | 176,065 |
Segment assets |  |  | 1,784,773 |  |  |  | 767,995 |  |  |  | 268,669 |  |  |  | 38,835 |  |  |  | 2,860,272 |
Segment expenditures for property, plant and equipment |  |  | 20,870 |  |  |  | 9,620 |  |  |  | 105 |  |  |  | 8,545 |  |  |  | 39,140 |
Intersegment revenues |  |  | 114,562 |  |  |  | 52,235 |  |  |  | — |  |  |  | 382 |  |  |  |  |
|  | Nine Months Ended September 25, 2011 |
|  | Americas |  |  | EMEA |  |  | Asia |  |  | OEM |  |  | Totals |
|  | (Dollars in thousands) |
Segment Results |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment net revenues from external customers |  | $ | 503,394 |  |  | $ | 390,332 |  |  | $ | 104,957 |  |  | $ | 90,807 |  |  | $ | 1,089,490 |
Segment depreciation and amortization |  |  | 49,365 |  |  |  | 17,565 |  |  |  | 2,864 |  |  |  | 2,711 |  |  |  | 72,505 |
Segment operating profit(1) |  |  | 63,699 |  |  |  | 55,960 |  |  |  | 34,576 |  |  |  | 15,861 |  |  |  | 170,096 |
Segment assets |  |  | 2,079,348 |  |  |  | 821,659 |  |  |  | 206,230 |  |  |  | 77,932 |  |  |  | 3,185,169 |
Segment expenditures for property, plant and equipment |  |  | 16,163 |  |  |  | 7,283 |  |  |  | 563 |  |  |  | 3,135 |  |  |  | 27,144 |
Intersegment revenues |  |  | 115,418 |  |  |  | 48,547 |  |  |  | 1 |  |  |  | 362 |  |  |  |  |
(1) | Segment operating profit includes a segment’s net revenues from external customers reduced by its cost of goods sold, selling, general and administrative expenses, and an allocation of corporate expenses. Segment operating profit excludes goodwill impairment charges, restructuring and impairment charges, gain on sales of businesses and assets, interest income and expense, loss on extinguishment of debt and taxes on income.
Schedule of reconciliation of segment operating profit to income (loss) from continuing operations before interest | The following tables present reconciliations of segment results to the Company’s condensed consolidated results for the three and nine months ended September 30, 2012 and September 25, 2011:
|  | Three Months Ended |  |  | Nine Months Ended |
| September 30, 2012 |  |  | September 25, 2011 |  |  | September 30, 2012 |  |  | September 25, 2011 |
|  | (Dollars in thousands) |
Reconciliation of Segment Operating Profit to Income (Loss) from Continuing Operations Before Interest, Loss on Extinguishments of Debt and Taxes |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment operating profit |  | $ | 50,929 |  |  | $ | 61,732 |  |  | $ | 176,065 |  |  | $ | 170,096 |
Goodwill impairment |  |  | — |  |  |  | — |  |  |  | (332,128 | ) |  |  | — |
Restructuring and other impairment charges |  |  | (1,088 | ) |  |  | 173 |  |  |  | (84 | ) |  |  | (3,598 | )
Gain on sales of businesses and assets |  |  | — |  |  |  | — |  |  |  | 332 |  |  |  | — |
Income (loss) from continuing operations before interest, loss on extinguishments of debt and taxes |  | $ | 49,841 |  |  | $ | 61,905 |  |  | $ | (155,815 | ) |  | $ | 166,498 |
Schedule of reconciliation of segment assets to condensed consolidated total assets |
|  | September 30, 2012 |  |  | September 25, 2011 |
|  | (Dollars in thousands) |
Reconciliation of Segment Assets to Condensed Consolidated Total Assets |  |  |  |  |  |  |  |
Segment assets(1) |  | $ | 2,860,272 |  |  | $ | 3,185,169 |
Corporate assets(2) |  |  | 802,656 |  |  |  | 565,249 |
Assets of businesses divested(3) |  |  | — |  |  |  | 106,591 |
Assets held for sale |  |  | 7,861 |  |  |  | 11,702 |
Total assets |  | $ | 3,670,789 |  |  | $ | 3,868,711 |
(1) | Segment assets for the 2011 period include assets of the orthopedic business of the Company’s OEM Segment, which, as of September 30, 2012, had been disposed in connection with the sale of the business.
(2) | Increase in corporate assets from the prior period reflects higher cash balances as a result of the sale of businesses in the fourth quarter of 2011.
(3) | Assets of businesses divested were previously reported as assets held for sale in 2011.
Schedule of reconciliation of segment expenditures for property, plant and equipment to condensed consolidated total expenditures for property, plant and equipment |
|  | Three Months Ended |  |  | Nine Months Ended |
| September 30, 2012 |  |  | September 25, 2011 |  |  | September 30, 2012 |  |  | September 25, 2011 |
|  | (Dollars in thousands) |
Reconciliation of Segment Expenditures for Property, Plant and Equipment to Condensed Consolidated Total Expenditures for Property, Plant and Equipment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment expenditures for property, plant and equipment |  | $ | 14,596 |  |  | $ | 12,166 |  |  | $ | 39,140 |  |  | $ | 27,144 |
Corporate expenditures for property, plant and equipment |  |  | 2,603 |  |  |  | 10 |  |  |  | 6,952 |  |  |  | 164 |
Total expenditures for property, plant and equipment |  | $ | 17,199 |  |  | $ | 12,176 |  |  | $ | 46,092 |  |  | $ | 27,308 |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: 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=6534315&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. + References Reference 1: 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=6534315&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount. + References Reference 1: 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=6534315&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 32 -Subparagraph d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -Paragraph 27, 28 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: 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=6534315&loc=d3e8906-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 + Details
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