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Business Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2013
Segment Reporting [Abstract] |
Reportable Business Segment Information | Reportable business segment information for the three and nine months ended September 30 is as follows:
| Metal Containers |  | Closures |  | Plastic Containers |  | Corporate |  | Total
| (Dollars in thousands)
Three Months Ended September 30, 2013 |  |  |  |  |  |  |  |  |
Net sales | $ | 831,094 |  |  | $ | 185,249 |  |  | $ | 151,578 |  |  | $ | — |  |  | $ | 1,167,921 |
Depreciation and amortization(1) | 20,243 |  |  | 8,310 |  |  | 11,765 |  |  | 33 |  |  | 40,351 |
Rationalization charges | 344 |  |  | 988 |  |  | — |  |  | — |  |  | 1,332 |
Segment income from operations(2) | 108,322 |  |  | 23,053 |  |  | 8,557 |  |  | (4,073 | ) |  | 135,859 |
Three Months Ended September 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 814,111 |  |  | $ | 182,730 |  |  | $ | 142,706 |  |  | $ | — |  |  | $ | 1,139,547 |
Depreciation and amortization(1) | 21,920 |  |  | 7,900 |  |  | 10,755 |  |  | 22 |  |  | 40,597 |
Rationalization charges (credit) | 1,732 |  |  | 453 |  |  | (137 | ) |  | — |  |  | 2,048 |
Segment income from operations(2)(3) | 103,453 |  |  | 24,134 |  |  | 6,221 |  |  | (1,376 | ) |  | 132,432 |
Nine Months Ended September 30, 2013 |  |  |  |  |  |  |  |  |
Net sales | $ | 1,826,026 |  |  | $ | 527,835 |  |  | $ | 489,830 |  |  | $ | — |  |  | $ | 2,843,691 |
Depreciation and amortization(1) | 63,770 |  |  | 24,862 |  |  | 35,025 |  |  | 100 |  |  | 123,757 |
Rationalization charges | 1,727 |  |  | 1,233 |  |  | 656 |  |  | — |  |  | 3,616 |
Segment income from operations(2)(3)(4) | 193,619 |  |  | 55,367 |  |  | 30,431 |  |  | (10,529 | ) |  | 268,888 |
Nine Months Ended September 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales | $ | 1,738,684 |  |  | $ | 528,782 |  |  | $ | 462,050 |  |  | $ | — |  |  | $ | 2,729,516 |
Depreciation and amortization(1) | 64,926 |  |  | 24,110 |  |  | 31,690 |  |  | 729 |  |  | 121,455 |
Rationalization charges | 1,732 |  |  | 2,594 |  |  | 1,483 |  |  | — |  |  | 5,809 |
Segment income from operations(2)(3) | 185,604 |  |  | 65,072 |  |  | 24,201 |  |  | (8,044 | ) |  | 266,833 |
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(1) | Depreciation and amortization excludes amortization of debt issuance costs of $1.1 million and $1.2 million for the three months ended September 30, 2013 and 2012, respectively, and amortization of debt issuance costs of $3.3 million and amortization of debt discount and issuance costs of $3.7 million for the nine months ended September 30, 2013 and 2012, respectively.
(2) | Income from operations for Corporate includes costs attributable to announced acquisitions of $1.0 million and $0.8 million for the three months ended September 30, 2013 and 2012, respectively, and $1.2 million and $1.5 million for the nine months ended September 30, 2013 and 2012, respectively.
(3) | Income from operations of the metal containers segment includes new plant start-up costs of $1.4 million for the three months ended September 30, 2012 and $0.8 million and $4.3 million for the nine months ended September 30, 2013 and 2012, respectively.
(4) | Income from operations of the closures segment for the nine months ended September 30, 2013 includes a charge of $3.0 million for the remeasurement of net assets in Venezuela due to the devalued official Bolivar exchange rate.
Reconciliation of Segment Income from Operations to Income before Income Taxes | Total segment income from operations is reconciled to income before income taxes as follows:
| Three Months Ended |  | Nine Months Ended
| Sept. 30, |  | Sept. 30, |  | Sept. 30, |  | Sept 30,
| 2013 |  | 2012 |  | 2013 |  | 2012
| (Dollars in thousands)
Total segment income from operations | $ | 135,859 |  |  | $ | 132,432 |  |  | $ | 268,888 |  |  | $ | 266,833 |
Interest and other debt expense | 16,982 |  |  | 16,005 |  |  | 49,844 |  |  | 86,326 |
Income before income taxes | $ | 118,877 |  |  | $ | 116,427 |  |  | $ | 219,044 |  |  | $ | 180,507 |

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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 + 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 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 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 Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: 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 + Details
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