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Business Segments (Tables)
12 Months Ended
Dec. 31, 2016
Segment Reporting [Abstract]  
Net Sales and Percentage of Consolidated Net Sales
Net sales and percentage of consolidated Company sales for this customer in 2016, 2015 and 2014 were as follows:
 
 
2016
 
2015
 
2014
Customer
 
Net Sales
 
Consolidated
Net Sales
 
Net Sales
 
Consolidated
Net Sales
 
Net Sales
 
Consolidated
Net Sales
TBC/Treadways
 
$
414,556

 
14
%
 
$
485,257

 
16
%
 
$
440,820

 
13
%
Segment Financial Information
The following table details segment financial information:
 
 
2016
 
2015
 
2014
Net sales:
 
 
 
 
 
 
Americas Tire
 
 
 
 
 
 
External customers
 
$
2,549,743

 
$
2,627,619

 
$
2,524,554

Intercompany
 
50,580

 
57,135

 
60,930

 
 
2,600,323

 
2,684,754

 
2,585,484

International Tire
 
 
 
 
 
 
External customers
 
375,126

 
345,282

 
900,255

Intercompany
 
88,877

 
106,597

 
240,571

 
 
464,003

 
451,879

 
1,140,826

Eliminations
 
(139,457
)
 
(163,732
)
 
(301,501
)
Consolidated net sales
 
2,924,869

 
2,972,901

 
3,424,809

Operating profit (loss):
 
 
 
 
 
 
Americas Tire
 
439,941

 
422,929

 
274,837

International Tire
 
5,998

 
(19,133
)
 
74,566

Unallocated corporate charges
 
(60,308
)
 
(52,342
)
 
(48,930
)
Eliminations
 
(1,244
)
 
3,026

 
(15
)
Consolidated operating profit
 
384,387

 
354,480

 
300,458

Interest expense
 
(26,604
)
 
(23,820
)
 
(28,138
)
Interest income
 
4,378

 
2,211

 
1,500

Gain on sale of interest in subsidiary
 

 

 
77,471

Other non-operating income (expense)
 
4,932

 
1,157

 
(2,772
)
Income before income taxes
 
367,093

 
334,028

 
348,519

Depreciation and amortization expense
 
 
 
 
 
 
Americas Tire
 
85,842

 
92,377

 
82,457

International Tire
 
30,470

 
28,577

 
54,400

Corporate
 
13,945

 
454

 
2,309

Consolidated depreciation and amortization expense
 
130,257

 
121,408

 
139,166

Segment assets
 
 
 
 
 
 
Americas Tire
 
1,438,802

 
1,386,361

 
1,284,302

International Tire
 
547,178

 
414,051

 
423,059

Corporate and other
 
633,415

 
635,764

 
781,576

Consolidated assets
 
2,619,395

 
2,436,176

 
2,488,937

Expenditures for long-lived assets
 
 
 
 
 
 
Americas Tire
 
112,975

 
145,813

 
95,539

International Tire
 
60,359

 
33,839

 
44,741

Corporate
 
2,103

 
2,892

 
4,761

Consolidated expenditures for long-lived assets
 
175,437

 
182,544

 
145,041

Geographic Information for Revenues, Based on Country of Origin, and Long-Lived Assets
Geographic information for revenues, based on country of origin, and long-lived assets follows:
 
 
2016
 
2015
 
2014
Net sales
 
 
 
 
 
 
United States
 
$
2,423,932

 
$
2,518,089

 
$
2,423,471

PRC
 
166,289

 
126,674

 
635,632

Rest of world
 
334,648

 
328,138

 
365,706

Consolidated net sales
 
2,924,869

 
2,972,901

 
3,424,809

Long-lived assets
 
 
 
 
 
 
United States
 
547,599

 
537,173

 
474,357

PRC
 
157,858

 
105,237

 
113,335

Rest of world
 
158,770

 
152,788

 
152,511

Consolidated long-lived assets
 
864,227

 
795,198

 
740,203