The following table provides summarized information about the Company’s operations by reportable segment and reconciles Segment Adjusted EBITDA to Income (Loss) Before Income Taxes for the three month and six month periods ended June 30, 2018 and 2017.

	For the Three Month Period Ended June 30,						For the Six Month Period Ended June 30,
	2018			2017			2018			2017
Revenue
Industrials	$	328.7		$	282.8		$	645.6		$	530.8
Energy		273.1			239.5			515.3			417.7
Medical		66.4			56.8			126.8			112.3
Total Revenue	$	668.2		$	579.1		$	1,287.7		$	1,060.8
Segment Adjusted EBITDA
Industrials	$	71.1		$	63.4		$	137.9		$	110.6
Energy		79.7			62.2			147.6			100.6
Medical		18.0			15.4			33.9			30.1
Total Segment Adjusted EBITDA	$	168.8		$	141.0		$	319.4		$	241.3
Less items to reconcile Segment Adjusted EBITDA to
Income (Loss) Before Income Taxes⁽¹⁾:
Corporate expenses not allocated to segments^(a)	$	7.2		$	8.9		$	9.6		$	17.1
Interest expense		26.1			39.5			52.1			85.3
Depreciation and amortization expense		45.3			43.8			90.2			83.5
Sponsor fees and expenses^(b)		-			16.2			-			17.3
Restructuring and related business transformation costs^(c)		8.4			5.6			12.9			14.2
Acquisition related expenses and non-cash charges^(d)		5.7			1.2			10.3			1.9
Environmental remediation loss reserve^(e)		-			(0.1	)		-			0.9
Expenses related to public stock offerings^(f)		0.5			1.8			1.9			3.2
Establish public company financial reporting compliance^(g)		1.1			2.1			1.9			3.3
Stock-based compensation^(h)		(0.8	)		156.2			1.9			156.2
Foreign currency transaction (gains) losses, net		(2.4	)		4.0			0.2			4.7
Loss on extinguishment of debt⁽ⁱ⁾		0.2			50.4			0.2			50.4
Shareholder litigation settlement recoveries^(j)		-			-			(4.5	)		-
Other adjustments^(k)		-			1.6			(0.7	)		2.1
Income (Loss) Before Income Taxes	$	77.5		$	(190.2	)	$	143.4		$	(198.8	)

⁽¹⁾

The reconciling items for the three month and six month periods ended June 30, 2017 have been reclassified to conform to the methodology used in the three and six month periods ended June 30, 2018, and include the following.

^(a)

Includes insurance recoveries of asbestos legal fees of $5.6 million in the six month period ended June 30, 2018.

^(b)

Represents management fees and expenses paid to the Company’s Sponsor.

^(c)

Restructuring and related business transformation costs consist of the following.

	For the Three Month Period Ended June 30,					For the Six Month Period Ended June 30,
	2018		2017			2018			2017
Restructuring charges	$	-	$	0.4		$	-		$	2.1
Severance, sign-on, relocation and executive search costs		1.9		0.6			3.9			1.6
Facility reorganization, relocation and other costs		0.7		1.8			1.3			2.9
Information technology infrastructure transformation		0.2		2.0			0.2			2.7
(Gains) losses on asset and business disposals		-		(0.5	)		(1.2	)		2.5
Consultant and other advisor fees		4.0		0.8			6.6			1.2
Other, net		1.6		0.5			2.1			1.2
Total restructuring and related business transformation costs	$	8.4	$	5.6		$	12.9		$	14.2

^(d)

Represents costs associated with successful and/or abandoned acquisitions, including third-party expenses, post-closure integration costs and non-cash charges and credits arising from fair value purchase accounting adjustments.

^(e)

Represents estimated environmental remediation costs and losses relating to a former production facility.

^(f)

Represents expenses related to the Company’s initial public offering and subsequent secondary offerings.

^(g)

Represents third party expenses to comply with the requirements of Sarbanes-Oxley in 2018 and the accelerated adoption of the new revenue recognition standard (ASC 606 – Revenue from Contracts with Customers) in the first quarter of 2018, one year ahead of the required adoption date for a private company. These expenses were previously included in “Expenses related to initial stock offering” and prior periods have been restated to conform to current period presentation.

^(h)

Represents stock-based compensation expense recognized for the three month and six month periods ended June 30, 2018 of $1.8 million and $5.2 million, respectively, reduced by a ($2.6 million) and ($3.3 million) decrease in the estimated accrual for employer taxes for the three month and six month periods ended June 30, 2018, respectively, as a result of the achievement of employer tax caps in countries outside of the United States. Represents stock-based compensation expense recognized for stock options outstanding of $61.4 million and DSUs granted to employees at the date of the initial public offering of $94.8 million under the 2013 Stock Incentive Plan for the three and six month periods ended June 30, 2017.

⁽ⁱ⁾

Represents losses on extinguishment of the senior notes and a portion of the U.S. term loan.

^(j)

Represents an insurance recovery of the Company’s shareholder litigation settlement in 2014.

^(k)

Includes (i) the effects of the amortization of prior service costs and the amortization of gains in pension and other postretirement benefits (OPEB) expense, (ii) certain legal and compliance costs and (iii) other miscellaneous adjustments.