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Business Segments (Tables)
6 Months Ended
Jun. 30, 2018
Segment Reporting [Abstract]  
Schedule of Financial Information Relating to the Company's Reportable Segments
Financial information relating to the Company's reportable segments for the three and six months ended June 30, 2018 and 2017 respectively is as follows:

 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(in millions, except percentage data)
 
2018
 
2017
 
2018
 
2017
Net sales:
 
 
 
 
 
 
 
 
Americas
 
$
328.2

 
$
306.1

 
$
608.4

 
$
573.6

EMEA
 
99.3

 
76.1

 
180.3

 
143.9

APAC
 
57.7

 
44.9

 
101.2

 
86.6

Elimination of intersegment sales
 
(64.5
)
 
(56.0
)
 
(118.8
)
 
(105.0
)
Total net sales
 
$
420.7

 
$
371.1

 
$
771.1

 
$
699.1

 
 
 
 
 
 
 
 
 
Segment Adjusted Operating EBITDA:
 
 
 
 
 
 
 
 
Americas
 
$
61.5

 
$
59.1

 
$
109.1

 
$
105.9

EMEA
 
22.4

 
14.8

 
36.5

 
27.6

APAC
 
7.5

 
6.2

 
13.0

 
11.7

Total Segment Adjusted Operating EBITDA
 
91.4

 
80.1

 
158.6

 
145.2

Corporate and unallocated
 
(15.9
)
 
(13.2
)
 
(27.8
)
 
(25.3
)
Amortization expense
 
(9.4
)
 
(7.7
)
 
(17.3
)
 
(15.5
)
Depreciation expense
 
(4.5
)
 
(4.0
)
 
(8.7
)
 
(8.0
)
Transaction costs (1)
 
(4.7
)
 

 
(5.9
)
 

Separation expense
 

 
(0.3
)
 
(0.1
)
 
(1.2
)
Restructuring expense
 
(1.4
)
 
(1.1
)
 
(1.8
)
 
(5.7
)
Gain from impairment or disposal of assets — net
 
0.1

 
0.6

 
0.2

 
0.2

Earnings from operations
 
55.6

 
54.4

 
97.2

 
89.7

Interest expense
 
(23.1
)
 
(21.0
)
 
(43.4
)
 
(44.2
)
Loss on early extinguishment of debt
 

 
(0.2
)
 

 
(3.4
)
Other expense — net
 
(15.3
)
 
(3.3
)
 
(23.8
)
 
(5.1
)
Earnings before income taxes
 
$
17.2

 
$
29.9

 
$
30.0

 
$
37.0

(1) Transaction costs include costs related to inventory fair value purchase accounting adjustments recorded in" Cost of sales" and professional services and other direct acquisition and integration costs recorded in "Selling, general and administrative expenses".
 
 
 
 
 
 
 
 
 
Adjusted Operating EBITDA % by segment (2):
 
 
 
 
 
 
 
 
Americas
 
18.7
%
 
19.3
%
 
17.9
%
 
18.5
%
EMEA
 
22.6
%
 
19.4
%
 
20.2
%
 
19.2
%
APAC
 
13.0
%
 
13.8
%
 
12.8
%
 
13.5
%
(2) Adjusted Operating EBITDA % in the section above is calculated by dividing Adjusted Operating EBITDA by net sales for each respective segment.
 
 
 
 
 
 
 
 
 
Net sales by geographic area (3):
 
 
 
 
 
 
 
 
United States
 
$
269.7

 
$
246.4

 
$
493.1

 
$
461.4

Other Americas
 
28.3

 
24.8

 
56.8

 
47.8

EMEA
 
78.6

 
62.6

 
140.7

 
116.6

APAC
 
44.1

 
37.3

 
80.5

 
73.3

Total net sales by geographic area
 
$
420.7

 
$
371.1

 
$
771.1

 
$
699.1

(3) Net sales in the section above are attributed to geographic regions based on location of customer.

As of June 30, 2018 and December 31, 2017, total assets by reportable segment are as follows:

(in millions)
 
June 30, 2018
 
December 31, 2017
Total assets by segment:
 
 
 
 
Americas
 
$
1,468.9

 
$
1,445.6

EMEA
 
338.8

 
112.1

APAC
 
155.7

 
128.7

Corporate
 
147.9

 
154.0

Total assets
 
$
2,111.3

 
$
1,840.4