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Business Segments
9 Months Ended
Dec. 31, 2017
Disclosure Schedule Of Financial Data For Company Reportable Business Segments And Product Lines [Abstract]  
Business Segments Business Segments

The Company has three reportable business segments based on geographic regions, defined as follows:

Americas, which includes North and South America, with segment headquarters in Reading, Pennsylvania, USA;
EMEA, which includes Europe, the Middle East and Africa, with segment headquarters in Zug, Switzerland; and
Asia, which includes Asia, Australia and Oceania, with segment headquarters in Singapore.

Summarized financial information related to the Company's reportable segments for the third quarter and nine months ended December 31, 2017 and January 1, 2017 is shown below:
 
 
Quarter ended
 
Nine months ended
 
 
December 31, 2017
 
January 1, 2017
 
December 31, 2017
 
January 1, 2017
Net sales by segment to unaffiliated customers
 
 
 
 
 
 
 
 
Americas
 
$
353,237

 
$
313,972

 
$
1,049,344

 
$
968,516

EMEA
 
224,931

 
186,069

 
621,864

 
563,765

Asia
 
80,767

 
63,656

 
227,641

 
208,067

Total net sales
 
$
658,935

 
$
563,697

 
$
1,898,849

 
$
1,740,348

Net sales by product line
 
 
 
 
 
 
 
 
Reserve power
 
$
326,989

 
$
271,291

 
$
924,404

 
$
844,781

Motive power
 
331,946

 
292,406

 
974,445

 
895,567

Total net sales
 
$
658,935

 
$
563,697

 
$
1,898,849

 
$
1,740,348

Intersegment sales
 
 
 
 
 
 
 
 
Americas
 
$
7,144

 
$
6,319

 
$
23,360

 
$
19,304

EMEA
 
29,989

 
22,086

 
97,369

 
66,186

Asia
 
6,213

 
6,285

 
16,524

 
18,070

Total intersegment sales (1)
 
$
43,346

 
$
34,690

 
$
137,253

 
$
103,560

Operating earnings by segment
 
 
 
 
 
 
 
 
Americas
 
$
43,137

 
$
45,949

 
$
140,827

 
$
139,149

EMEA
 
23,794

 
20,435

 
54,888

 
57,268

Asia
 
3,318

 
3,984

 
10,744

 
11,741

Restructuring charges - Americas
 
(961
)
 

 
(1,246
)
 
(892
)
Inventory adjustment relating to exit activities - EMEA
 

 
502

 

 
(2,157
)
Restructuring charges - EMEA
 
(848
)
 
1,153

 
(3,172
)
 
(3,663
)
Restructuring charges - Asia
 

 

 

 
(482
)
Legal proceedings charge - EMEA
 

 
(17,000
)
 

 
(17,000
)
Total operating earnings (2)
 
$
68,440

 
$
55,023

 
$
202,041

 
$
183,964


(1) Intersegment sales are presented on a cost-plus basis, which takes into consideration the effect of transfer prices between legal entities.
(2) The Company does not allocate interest expense or other (income) expense to the reportable segments.