Segment Information (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table summarizes financial information regarding each reportable segment’s results of operations:

	Year Ended December 31,
(amounts in millions)	2018		2017		2016
Net Sales:
Electronics	$	1,157.5	$	1,122.6	$	1,039.2
Industrial & Specialty	803.5		756.0		730.9
Total	$	1,961.0	$	1,878.6	$	1,770.1
Adjusted EBITDA:
Electronics	$	248.2	$	233.1	$	212.3
Industrial & Specialty	172.5		168.1		156.1
Total	$	420.7	$	401.2	$	368.4

 

The following table reconciles "Net loss attributable to common stockholders" to Adjusted EBITDA:

	Year Ended December 31,
($ amounts in millions)	2018			2017			2016
Net loss attributable to common stockholders	$	(324.4	)	$	(296.2	)	$	(40.8	)
Add (subtract):
Gain on amendment of Series B Convertible Preferred Stock	—			—			(32.9		)
Net income (loss) attributable to the non-controlling interests	4.5			0.6			(3.0		)
Loss (income) from discontinued operations, net of tax	242.9			103.8			(113.8		)
Income tax expense (benefit)	23.8			(68.6		)	(41.3		)
Interest expense, net	311.0			336.9			372.3
Depreciation expense	44.6			46.4			46.6
Amortization expense	112.1			109.6			109.1
EBITDA	414.5			232.5			296.2
Adjustments to reconcile to Adjusted EBITDA:
Restructuring expense	6.3			23.5			25.0
Amortization of inventory step-up	—			—			11.7
Acquisition and integration costs	12.1			4.1			25.1
Legal settlement	—			(10.8		)	—
Foreign exchange loss on foreign denominated external and internal long-term debt	6.0			53.4			25.8
Debt refinancing costs	0.5			83.1			19.7
Goodwill impairment	—			—			46.6
Gain on settlement agreement related to Series B Convertible Preferred Stock	—			—			(103.0		)
Non-cash change in fair value of preferred stock redemption liability	—			—			5.0
Pension plan settlement	—			10.5			1.7
Gain on sale of equity investment	(11.3		)	—			—
Change in fair value of contingent consideration	(21.8		)	3.4			5.1
Other, net	14.4			1.5			9.5
Adjusted EBITDA	$	420.7		$	401.2		$	368.4

Revenue from External Customers by Geographic Areas

	Year Ended December 31,
(amounts in millions)	2018		2017		2016
United States	$	477.4	$	451.4	$	457.1
China	367.4		358.6		323.0
Other countries	1,116.2		1,068.6		990.0
Total	$	1,961.0	$	1,878.6	$	1,770.1

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

	December 31,
(amounts in millions)	2018		2017
United States	$	108.2	$	114.0
China	36.1		41.6
Other countries	122.6		131.8
Total	$	266.9	$	287.4

Reconciliation of Revenue from Segments to Consolidated

The following table presents the Company's disaggregated external net sales by product category for each of the periods presented:

	Year Ended December 31,
(amounts in millions)	2018		2017		2016
Electronics:
Assembly Solutions	$	580.0	$	561.4	$	493.8
Circuitry Solutions	406.3		401.1		383.2
Semiconductor Solutions	171.2		160.1		162.2
Electronics total	1,157.5		1,122.6		1,039.2
Industrial & Specialty:
Industrial Solutions	560.7		528.0		486.2
Graphics Solutions	159.1		153.4		171.8
Energy Solutions	83.7		74.6		72.9
Industrial & Specialty total	803.5		756.0		730.9
Total	$	1,961.0	$	1,878.6	$	1,770.1