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Business Segments (Tables)
12 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of Financial Information Relating to the Company's Reportable Segments
Financial information relating to the Company's reportable segments as of and for the years ended December 31, 2017, 2016 and 2015 respectively is as follows:

 
 
Years Ended December 31,
(in millions, except percentage data)
 
2017
 
2016
 
2015
Net sales:
 
 
 
 
 
 
Americas
 
$
1,166.8

 
$
1,186.6

 
$
1,323.7

EMEA
 
296.5

 
287.6

 
281.6

APAC
 
190.2

 
190.9

 
191.1

Elimination of intersegment sales
 
(208.1
)
 
(208.5
)
 
(226.3
)
Total net sales
 
$
1,445.4

 
$
1,456.6

 
$
1,570.1

 
 
 
 
 
 
 
Segment Adjusted Operating EBITDA:
 
 
 
 
 
 
Americas
 
$
240.7

 
$
233.6

 
$
215.6

EMEA
 
55.2

 
44.3

 
27.0

APAC
 
22.7

 
24.7

 
25.3

Total Segment Adjusted Operating EBITDA
 
318.6

 
302.6

 
267.9

Corporate and unallocated
 
(43.2
)
 
(42.6
)
 
(38.2
)
Amortization expense
 
(31.2
)
 
(31.2
)
 
(31.4
)
Depreciation expense
 
(16.7
)
 
(17.3
)
 
(19.6
)
Separation expense
 
(1.6
)
 
(6.5
)
 
(4.3
)
Restructuring expense
 
(10.8
)
 
(2.5
)
 
(4.6
)
Gain (loss) from impairment or disposal of assets — net
 
4.0

 
(3.3
)
 
(9.9
)
Earnings from operations
 
219.1

 
199.2

 
159.9

Interest expense
 
(86.9
)
 
(85.2
)
 
(1.4
)
Interest (expense) income on notes with MTW — net
 

 
(0.1
)
 
15.8

Loss on early extinguishment of debt
 
(4.4
)
 

 

Other (expense) income — net
 
(9.0
)
 
(9.1
)
 
22.1

Earnings before income taxes
 
$
118.8

 
$
104.8

 
$
196.4

 
 
 
 
 
 
 
Adjusted Operating EBITDA % by segment (1) :
 
 
 
 
 
 
Americas
 
20.6
%
 
19.7
%
 
16.3
%
EMEA
 
18.6
%
 
15.4
%
 
9.6
%
APAC
 
11.9
%
 
12.9
%
 
13.2
%
(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.
 
 
 
 
 
 
 
Capital expenditures:
 
 
 
 
 
 
Americas
 
$
17.2

 
$
12.4

 
$
8.4

EMEA
 
2.0

 
0.9

 
1.5

APAC
 
1.0

 
1.8

 
1.4

Corporate
 
0.5

 
0.9

 
1.9

Total capital expenditures
 
$
20.7

 
$
16.0

 
$
13.2

 
 
 
 
 
 
 
Depreciation:
 
 
 
 
 
 
Americas
 
$
11.5

 
$
12.1

 
$
14.3

EMEA
 
2.4

 
2.5

 
2.6

APAC
 
1.9

 
2.0

 
2.1

Corporate
 
0.9

 
0.7

 
0.6

Total depreciation
 
$
16.7

 
$
17.3

 
$
19.6

 

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

(in millions)
 
2017
 
2016
Total assets by segment:
 
 
 
 
Americas
 
$
1,445.6

 
$
1,463.7

EMEA
 
112.1

 
102.6

APAC
 
128.7

 
110.8

Corporate
 
154.0

 
92.0

Total assets
 
$
1,840.4

 
$
1,769.1

Net Sales by Product Class
Net sales by product class for the years ended December 31, 2017, 2016 and 2015 are as follows:

(in millions)
 
2017
 
2016
 
2015
Commercial foodservice whole goods
 
$
1,173.3

 
$
1,191.0

 
$
1,277.2

Aftermarket parts and support
 
272.1

 
265.6

 
292.9

Total net sales
 
$
1,445.4

 
$
1,456.6

 
$
1,570.1

Schedule of Net Sales from Continuing Operations and Long-Lived Asset Information by Geographic Area
Net sales information by geographic area for the years ended December 31, 2017, 2016 and 2015 are as follows:

(in millions)
 
2017
 
2016
 
2015
Net sales by geographic area (1):
 
 
 
 
 
 
United States
 
$
945.6

 
$
945.7

 
$
1,066.7

Other Americas
 
95.0

 
104.3

 
106.6

EMEA
 
239.2

 
242.0

 
237.2

APAC
 
165.6

 
164.6

 
159.6

Total net sales by geographic area
 
$
1,445.4

 
$
1,456.6

 
$
1,570.1


(1) Net sales in the section above are attributed to geographic regions based on location of customer.
As of December 31, 2017 and December 31, 2016, "Property, plant and equipment - net" information by geographic area is as follows:

(in millions)
 
2017
 
2016
Property, plant and equipment - net by geographic area:
 
 
 
 
United States
 
$
68.1

 
$
68.1

Other Americas
 
19.5

 
17.1

EMEA
 
11.6

 
10.8

APAC
 
13.0

 
13.1

Total property, plant, equipment - net by geographic area
 
$
112.2

 
$
109.1