SEGMENTS

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

SEGMENTS

SEGMENTS

The Company aggregates its operating segments into three reportable segments, U.S. and Canada, International and Manufacturing / Wholesale. The Company fully allocates warehousing and distribution costs to its reportable segments. The Company's chief operating decision maker evaluates segment operating results based primarily on performance indicators, including revenue and operating income. Operating income of each reportable segment excludes certain items that are managed at the consolidated level, such as corporate costs. The Manufacturing / Wholesale segment manufactures and sells products to the U.S. and Canada and International segments at cost with a markup, which is eliminated at consolidation. The Company’s non-cash long-lived asset impairments of $19.4 million recorded during the three months ended June 30, 2017 are included in the Company’s U.S. and Canada reportable segment.

The following table represents key financial information for each of the Company's reportable segments:

	Three months ended June 30,						Six months ended June 30,
	2017			2016			2017			2016
	(in thousands)
Revenue:
U.S. and Canada	$	543,418		$	570,943		$	1,096,339		$	1,145,543
International	43,631			43,077			83,048			79,919
Manufacturing / Wholesale:
Intersegment revenues	56,000			56,556			117,298			119,587
Third party	53,945			59,198			106,445			116,661
Subtotal Manufacturing / Wholesale	109,945			115,754			223,743			236,248
Total reportable segment revenues	696,994			729,774			1,403,130			1,461,710
Elimination of intersegment revenues	(56,000		)	(56,556		)	(117,298		)	(119,587		)
Total revenue	$	640,994		$	673,218		$	1,285,832		$	1,342,123
Operating income:
U.S. and Canada	$	32,461		$	104,549		$	82,606		$	190,850
International	15,605			13,649			30,140			26,752
Manufacturing / Wholesale	17,927			17,891			34,484			36,324
Total reportable segment operating income	65,993			136,089			147,230			253,926
Unallocated corporate costs and other	(26,173		)	(19,865		)	(53,857		)	(43,637		)
Total operating income	39,820			116,224			93,373			210,289
Interest expense, net	16,067			15,275			31,961			29,718
Income before income taxes	$	23,753		$	100,949		$	61,412		$	180,571