Segments (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of net sales, adjusted EBITDA and certain other measures by reportable segment

The following tables present Net Sales, Adjusted EBITDA and certain other measures for the reportable segment and total Company operations for the three months ended March 31, 2019 and 2018. Adjusted EBITDA is used as a performance metric by the CODM in determining how to allocate resources and assess performance.



	Three Months Ended March 31, 2019
(in thousands)	Net Sales		Gross Profit		Depreciation & Amortization		Adjusted EBITDA
Geographic divisions	$	825,405	$	216,122	$	16,147	$	73,768
Other reconciling items	—		—		645		(19,368		)
	$	825,405	$	216,122	$	16,792



	Three Months Ended March 31, 2018
(in thousands)	Net Sales		Gross Profit		Depreciation & Amortization		Adjusted EBITDA
Geographic divisions	$	834,202	$	199,084	$	15,211	$	63,674
Other reconciling items	—		—		470		(16,494		)
	$	834,202	$	199,084	$	15,681

Reconciliation to consolidated financial statements

Reconciliation to consolidated financial statements:



	Three Months Ended March 31,
(in thousands)	2019			2018
Income before income taxes	$	26,350		$	19,998
Interest expense	6,038			5,982
Interest income	(941		)	—
Depreciation and amortization	16,792			15,681
Merger and integration costs	2,790			1,687
Non-cash stock compensation expense	2,915			1,775
Acquisition costs	580			234
Other items (a)	(124		)	1,823
Adjusted EBITDA of other reconciling items	19,368			16,494
Adjusted EBITDA of geographic divisions reportable segment	$	73,768		$	63,674

(a) For the three months ended March 31, 2019, represents the effect of the settlement of pending litigation for an amount below what was previously accrued. See Note 9 for further details. For the three months ended March 31, 2018, represents costs incurred in connection with the departure of the Company’s former chief executive officer and the search for his permanent replacement.