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Business Segments (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of information about the performance of the Company's reportable segments, sales and total assets | The following tables present information about the performance of the Company’s reportable segments for the years ended December 31, 2022, 2021 and 2020.
| 2022 |  | 2021 |  | 2020
Net sales |  |  |  |  |
Americas | $ | 696,102 |  |  | $ | 572,643 |  |  | $ | 450,161 |
EMEA | 474,604 |  |  | 480,126 |  |  | 383,187 |
Asia/Pacific | 386,450 |  |  | 388,160 |  |  | 315,299 |
Global Specialty Businesses | 386,429 |  |  | 320,229 |  |  | 269,030 |
Total net sales | $ | 1,943,585 |  |  | $ | 1,761,158 |  |  | $ | 1,417,677 |
The following tables present information regarding the Company’s reportable segments’ assets and long-lived assets, including certain identifiable assets as well as an allocation of shared assets, as of December 31, 2022, 2021 and 2020:
| 2022 |  | 2021 |  | 2020
Segment assets |  |  |  |  |
Americas | $ | 1,014,115 |  |  | $ | 983,521 |  |  | $ | 969,551 |
EMEA | 602,289 |  |  | 714,659 |  |  | 697,821 |
Asia/Pacific | 685,607 |  |  | 750,970 |  |  | 713,004 |
Global Specialty Businesses | 519,611 |  |  | 506,610 |  |  | 511,458 |
Total segment assets | $ | 2,821,622 |  |  | $ | 2,955,760 |  |  | $ | 2,891,834 |
Schedule of information about the performance of the Company's reportable segments, operating earnings |
| 2022 |  | 2021 |  | 2020
Segment operating earnings |  |  |  |  |
Americas | $ | 148,181 |  |  | $ | 124,863 |  |  | $ | 96,379 |
EMEA | 50,708 |  |  | 85,209 |  |  | 69,163 |
Asia/Pacific | 92,995 |  |  | 96,318 |  |  | 88,356 |
Global Specialty Businesses | 113,940 |  |  | 90,632 |  |  | 79,690 |
Total segment operating earnings | 405,824 |  |  | 397,022 |  |  | 333,588 |
Combination, integration and other acquisition-related expenses | (8,779) |  |  | (23,885) |  |  | (29,790) |
Restructuring and related charges | (3,163) |  |  | (1,433) |  |  | (5,541) |
Fair value step up of acquired inventory sold | — |  |  | (801) |  |  | (226) |
Impairment charges | (93,000) |  |  | — |  |  | (38,000) |
Non-operating and administrative expenses | (187,830) |  |  | (157,864) |  |  | (143,202) |
Depreciation of corporate assets and amortization | (60,748) |  |  | (62,573) |  |  | (57,469) |
Operating income | 52,304 |  |  | 150,466 |  |  | 59,360 |
Other (expense) income, net | (12,607) |  |  | 18,851 |  |  | (5,618) |
Interest expense, net | (32,579) |  |  | (22,326) |  |  | (26,603) |
Income before taxes and equity in net income of associated companies | $ | 7,118 |  |  | $ | 146,991 |  |  | $ | 27,139 |
Schedule of reportable segments' long-lived assets, including certain identifiable assets |
| 2022 |  | 2021 |  | 2020
Segment long-lived assets |  |  |  |  |
Americas | $ | 118,525 |  |  | $ | 129,321 |  |  | $ | 122,302 |
EMEA | 66,151 |  |  | 69,990 |  |  | 69,344 |
Asia/Pacific | 113,476 |  |  | 123,130 |  |  | 119,233 |
Global Specialty Businesses | 60,182 |  |  | 37,951 |  |  | 59,091 |
Total segment long-lived assets | $ | 358,334 |  |  | $ | 360,392 |  |  | $ | 369,970 |
Reconciliation of capital expenditures and depreciation for identifiable assets | The following tables present information regarding the Company’s reportable segments’ capital expenditures and depreciation for identifiable assets for the years ended December 31, 2022, 2021 and 2020:
| 2022 |  | 2021 |  | 2020
Capital expenditures |  |  |  |  |
Americas | $ | 18,188 |  |  | $ | 9,678 |  |  | $ | 6,451 |
EMEA | 5,628 |  |  | 6,767 |  |  | 3,844 |
Asia/Pacific | 3,245 |  |  | 2,264 |  |  | 5,688 |
Global Specialty Businesses | 1,478 |  |  | 2,748 |  |  | 1,918 |
Total segment capital expenditures | $ | 28,539 |  |  | $ | 21,457 |  |  | $ | 17,901 |
| 2022 |  | 2021 |  | 2020
Depreciation |  |  |  |  |
Americas | $ | 8,858 |  |  | $ | 12,074 |  |  | $ | 12,322 |
EMEA | 4,897 |  |  | 6,936 |  |  | 6,813 |
Asia/Pacific | 4,060 |  |  | 4,596 |  |  | 4,672 |
Global Specialty Businesses | 5,109 |  |  | 3,043 |  |  | 3,544 |
Total segment depreciation | $ | 22,924 |  |  | $ | 26,649 |  |  | $ | 27,351 |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&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://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=123359005&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=123359005&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=121556970&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 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
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