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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Reconciliation of Revenue from Segments to Consolidated | Operating information for the two reportable segments is as follows:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, 2020 |  |  | June 30, 2019 |  |  | June 30, 2020 |  |  | June 30, 2019 |
|  | (in millions) |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary Reporting Segment |  | $ | 1,137.4 |  |  | $ | 1,053.1 |  |  | $ | 2,209.9 |  |  | $ | 2,074.9 |
China |  |  | 209.5 |  |  |  | 187.0 |  |  |  | 399.4 |  |  |  | 337.4 |
Total net sales |  | $ | 1,346.9 |  |  | $ | 1,240.1 |  |  | $ | 2,609.3 |  |  | $ | 2,412.3 |
Contribution margin(1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary Reporting Segment |  | $ | 480.1 |  |  | $ | 461.5 |  |  | $ | 947.2 |  |  | $ | 899.5 |
China(2) |  |  | 187.1 |  |  |  | 168.6 |  |  |  | 355.5 |  |  |  | 301.7 |
Total contribution margin |  | $ | 667.2 |  |  | $ | 630.1 |  |  | $ | 1,302.7 |  |  | $ | 1,201.2 |
Selling, general, and administrative expenses(2) |  |  | 480.8 |  |  |  | 477.0 |  |  |  | 1,029.8 |  |  |  | 912.4 |
Other operating income |  |  | (3.3 | ) |  |  | — |  |  |  | (12.4 | ) |  |  | (27.3 | )
Interest expense, net |  |  | 28.8 |  |  |  | 36.3 |  |  |  | 53.8 |  |  |  | 72.4 |
Other income, net |  |  | — |  |  |  | (5.9 | ) |  |  | — |  |  |  | (14.4 | )
Income before income taxes |  |  | 160.9 |  |  |  | 122.7 |  |  |  | 231.5 |  |  |  | 258.1 |
Income taxes |  |  | 45.8 |  |  |  | 46.2 |  |  |  | 70.8 |  |  |  | 85.3 |
Net income |  | $ | 115.1 |  |  | $ | 76.5 |  |  | $ | 160.7 |  |  | $ | 172.8 |
(1) | Contribution margin consists of net sales less cost of sales and Royalty overrides. For the China segment, contribution margin does not include service fees to China independent service providers.
(2) | Service fees to China independent service providers totaling $122.2 million and $108.2 million for the three months ended June 30, 2020 and 2019, respectively, and $227.9 million and $184.7 million for the six months ended June 30, 2020 and 2019, respectively, are included in selling, general, and administrative expenses.
Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area | The following table sets forth net sales by geographic area:
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, 2020 |  |  | June 30, 2019 |  |  | June 30, 2020 |  |  | June 30, 2019 |
|  | (in millions) |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 375.3 |  |  | $ | 272.0 |  |  | $ | 647.2 |  |  | $ | 522.7 |
China |  |  | 209.5 |  |  |  | 187.0 |  |  |  | 399.4 |  |  |  | 337.4 |
Mexico |  |  | 96.4 |  |  |  | 121.2 |  |  |  | 211.3 |  |  |  | 240.5 |
Others |  |  | 665.7 |  |  |  | 659.9 |  |  |  | 1,351.4 |  |  |  | 1,311.7 |
Total net sales |  | $ | 1,346.9 |  |  | $ | 1,240.1 |  |  | $ | 2,609.3 |  |  | $ | 2,412.3 |

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- Definition Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 + Details
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