Business Segments (Tables)

3 Months Ended

Mar. 31, 2017

Financial information relating to the Company's reportable segments for the three months ended March 31, 2017 and 2016 is as follows:



	Three Months Ended March 31,
(in millions)	2017			2016
Net sales:
Americas	$	267.5		$	263.6
EMEA	67.8			68.6
APAC	41.7			38.9
Elimination of intersegment sales	(49.0		)	(45.6		)
Total net sales	$	328.0		$	325.5

Segment Adjusted Operating EBITDA:
Americas	$	46.8		$	49.8
EMEA	12.8			7.6
APAC	5.5			3.7
Total Segment Adjusted Operating EBITDA	65.1			61.1
Corporate and unallocated	(12.4		)	(11.0		)
Amortization expense	(7.8		)	(7.8		)
Depreciation expense	(4.0		)	(4.3		)
Separation expense	(0.9		)	(3.0		)
Restructuring expense	(4.6		)	(1.3		)
Asset impairment expense	(0.4		)	—
Earnings from operations	35.0			33.7
Interest expense	(23.2		)	(8.5		)
Interest expense on notes with MTW — net	—			(0.1		)
Loss on early extinguishment of debt	(3.2		)	—
Other expense — net	(1.5		)	(2.4		)
Earnings before income taxes	$	7.1		$	22.7

Adjusted Operating EBITDA % by segment ⁽¹⁾:
Americas	17.5		%	18.9		%
EMEA	18.9		%	11.1		%
APAC	13.2		%	9.5		%
⁽¹⁾Adjusted Operating EBITDA % in the section above is calculated by dividing the dollar amount of Adjusted Operating EBITDA by net sales for each respective segment.

Net sales by geographic area ⁽²⁾ :
United States	$	215.0		$	212.1
Other Americas	23.0			23.0
EMEA	54.0			57.2
APAC	36.0			33.2
Total net sales by geographic area	$	328.0		$	325.5
⁽²⁾Net sales in the section above are attributed to geographic regions based on location of customer.

As of March 31, 2017 and December 31, 2016, total assets by reportable segment are as follows: