Reporting For Segments

6 Months Ended

Jun. 30, 2018

Reporting For Segments [Abstract]

Reporting For Segments

18.    Reporting for Segments

Net sales to external customers by segment are presented in the table below. Sales between segments were not material.

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
	(Dollars in thousands)
Performance Coatings	$	193,449	$	151,746	$	378,097	$	278,311
Performance Colors and Glass		126,027		106,637		246,532		210,155
Color Solutions		96,763		90,249		197,142		180,721
Total net sales	$	416,239	$	348,632	$	821,771	$	669,187

Each segment’s gross profit and reconciliations to income before income taxes are presented in the table below:

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2018		2017		2018		2017
	(Dollars in thousands)
Performance Coatings	$	50,297	$	40,246	$	94,062	$	73,735
Performance Colors and Glass		45,362		40,087		88,690		77,505
Color Solutions		31,541		28,416		63,690		56,598
Other cost of sales		(555)		(407)		(1,111)		(702)
Total gross profit		126,645		108,342		245,331		207,136
Selling, general and administrative expenses		70,124		62,981		143,216		122,427
Restructuring and impairment charges		3,768		3,224		7,874		6,242
Other expense, net		12,528		12,213		22,904		19,284
Income before income taxes	$	40,225	$	29,924	$	71,337	$	59,183