Segment and Geographic Information (Tables)

9 Months Ended

Sep. 30, 2016

Information about business operations and identifiable assets by geographic areas

Information about the Company’s business operations based on the two geographic areas is as follows (in millions):



	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2016			2015			2016			2015
Net sales:
United States	$	3,591.0		$	2,657.4		$	9,634.3		$	7,312.7
Canada	387.7			323.0			1,030.2			914.9
Corporate ⁽¹⁾	15.2			11.2			28.1			26.7
Total	$	3,993.9		$	2,991.6		$	10,692.6		$	8,254.3

Income (loss) before income taxes:
United States ⁽²⁾	$	24.8		$	25.5		$	59.1		$	54.2
Canada	2.3			1.1			3.4			0.5
Corporate ⁽³⁾	(6.9		)	(2.4		)	(6.7		)	—
Total	$	20.2		$	24.2		$	55.8		$	54.7

Interest expense:
United States	$	9.9		$	9.0		$	29.7		$	25.8
Canada	0.2			0.2			0.7			0.6
Corporate ⁽⁴⁾	(8.6		)	(8.6		)	(27.1		)	(24.5		)
Total	$	1.5		$	0.6		$	3.3		$	1.9

Depreciation and amortization:
United States	$	7.7		$	7.5		$	22.5		$	21.7
Canada	0.7			0.6			1.9			1.9
Corporate ⁽⁵⁾	3.0			1.8			6.8			4.7
Total	$	11.4		$	9.9		$	31.2		$	28.3

Capital expenditures:
United States	$	21.1		$	10.0		$	42.9		$	23.9
Canada	0.6			0.3			1.6			0.8
Total	$	21.7		$	10.3		$	44.5		$	24.7

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(1)	Consists primarily of external sales made by the Company’s consolidating warehouses, management service fee revenue, allowance for sales returns and certain other sales adjustments.

(2) Consists primarily of expenses and other income. Both the three and nine months ended September 30, 2015, included $7.9 million of cigarette tax stamp inventory holding gains, net of expenses, relating to the increase in cigarette excise taxes in certain jurisdictions.


(3)	Consists primarily of expenses and other income, such as corporate incentives and salaries, LIFO expense, health care costs, insurance and workers’ compensation adjustments, elimination of overhead allocations and foreign exchange gains or losses.


(4)	Consists primarily of intercompany eliminations for interest.


(5)	Consists primarily of depreciation for the consolidation centers and amortization of intangible assets.

Identifiable assets by geographic area are as follows (in millions):



	September 30, 2016		December 31, 2015
Identifiable assets:
United States	$	1,273.1	$	981.4
Canada	110.7		95.9
Total	$	1,383.8	$	1,077.3

Net sales mix for primary product categories

The net sales mix for the Company’s primary product categories is as follows (in millions):



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2016		2015		2016		2015
Product Category	Net Sales		Net Sales		Net Sales		Net Sales
Cigarettes	$	2,855.3	$	2,049.6	$	7,601.0	$	5,594.0
Food	387.5		336.5		1,047.2		940.7
Fresh	106.4		91.6		289.2		250.0
Candy	165.6		145.1		465.9		422.5
Other tobacco products	306.7		229.9		829.2		651.0
Health, beauty & general	118.0		91.7		320.5		271.8
Beverages	53.3		46.6		137.1		122.9
Equipment/other	1.1		0.6		2.5		1.4
Total food/non-food products	1,138.6		942.0		3,091.6		2,660.3
Total net sales	$	3,993.9	$	2,991.6	$	10,692.6	$	8,254.3