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Business Segment Information | 3 Months Ended
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Mar. 31, 2020
Segment Reporting [Abstract] |
Business Segment Information | Business Segment Information Reportable business segment information for the three months ended March 31was as follows:
| Metal Containers |  | Closures |  | Plastic Containers |  | Corporate |  | Total
| (Dollars in thousands) |  |  |  |  |  |  |  |
Three Months Ended March 31, 2020 |  |  |  |  |  |  |  |  |
Net sales | $ | 508,519 |  |  | $ | 357,151 |  |  | $ | 164,714 |  |  | $ | — |  |  | $ | 1,030,384 |
Depreciation and amortization(1) | 20,481 |  |  | 20,123 |  |  | 9,486 |  |  | 40 |  |  | 50,130 |
Rationalization charges | 1,963 |  |  | 742 |  |  | 94 |  |  | — |  |  | 2,799 |
Segment income | 47,479 |  |  | 45,229 |  |  | 22,047 |  |  | (12,614) |  |  | 102,141 |
Three Months Ended March 31, 2019 |  |  |  |  |  |  |  |  |
Net sales | $ | 507,062 |  |  | $ | 356,199 |  |  | $ | 163,870 |  |  | $ | — |  |  | $ | 1,027,131 |
Depreciation and amortization(1) | 21,107 |  |  | 20,354 |  |  | 8,816 |  |  | 41 |  |  | 50,318 |
Rationalization charges | 222 |  |  | 5,660 |  |  | 201 |  |  | — |  |  | 6,083 |
Segment income | 38,897 |  |  | 40,256 |  |  | 12,066 |  |  | (4,477) |  |  | 86,742 |
_____________ (1)Depreciation and amortization excludes amortization of debt discount and debt issuance costs of $1.0 million for the three months ended March 31, 2020 and debt issuance costs of $0.9 million for the three months ended March 31, 2019, respectively. Total segment income is reconciled to income before income taxes as follows:
|  |  |  |  |  |  | 2020 |  | 2019
|  |  |  |  |  |  | (Dollars in thousands) |  |
Total segment income |  |  |  |  |  |  | $ | 102,141 |  |  | $ | 86,742 |
Interest and other debt expense |  |  |  |  |  |  | 24,970 |  |  | 27,103 |
Income before income taxes |  |  |  |  |  |  | $ | 77,171 |  |  | $ | 59,639 |
Sales and segment income of our metal container business and part of our closures business are dependent, in part, upon fruit and vegetable harvests. The size and quality of these harvests varies from year to year, depending in large part upon the weather conditions in applicable regions. Because of the seasonality of the harvests, we have historically experienced higher unit sales volume in the third quarter of our fiscal year and generated a disproportionate amount of our annual segment income during that quarter.

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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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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