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Segments (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Information by Reportable Segment

The following table shows information by reportable segment for the years ended December 31, 2019, 2018 and 2017:

 

 

 

2019

 

 

2018

 

 

2017

 

Net Sales

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

969.7

 

 

$

882.7

 

 

$

693.6

 

EURAF

 

 

644.9

 

 

 

680.6

 

 

 

628.9

 

MEAP

 

 

219.5

 

 

 

283.5

 

 

 

258.8

 

Total

 

$

1,834.1

 

 

$

1,846.8

 

 

$

1,581.3

 

Segment Operating Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

113.4

 

 

$

58.8

 

 

$

6.8

 

EURAF

 

 

3.8

 

 

 

(68.2

)

 

 

5.1

 

MEAP

 

 

22.6

 

 

 

31.5

 

 

 

33.1

 

Total

 

$

139.8

 

 

$

22.1

 

 

$

45.0

 

Depreciation

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

14.5

 

 

$

14.0

 

 

$

15.1

 

EURAF

 

 

15.1

 

 

 

15.3

 

 

 

15.0

 

MEAP

 

 

2.4

 

 

 

3.7

 

 

 

3.8

 

Corporate

 

 

3.0

 

 

 

3.1

 

 

 

4.2

 

Total

 

$

35.0

 

 

$

36.1

 

 

$

38.1

 

Capital Expenditures

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

13.2

 

 

$

9.4

 

 

$

10.6

 

EURAF

 

 

19.0

 

 

 

16.3

 

 

 

14.3

 

MEAP

 

 

2.9

 

 

 

3.4

 

 

 

3.9

 

Corporate

 

 

 

 

 

2.6

 

 

 

0.1

 

Total

 

$

35.1

 

 

$

31.7

 

 

$

28.9

 

 

Schedule of Reconciliation of the Company's Segment Operating Income (Loss)

A reconciliation of the Company’s segment operating income (loss) to the Consolidated Statement of Operations for the years ended December 31, 2019, 2018 and 2017 are summarized as follows:

 

 

2019

 

 

2018

 

 

2017

 

Segment operating income (loss)

 

$

139.8

 

 

$

22.1

 

 

$

45.0

 

Unallocated corporate expenses

 

 

(31.3

)

 

 

(37.5

)

 

 

(33.0

)

Unallocated restructuring expense

 

 

(0.1

)

 

 

(3.9

)

 

 

(3.6

)

Total operating income (loss)

 

$

108.4

 

 

$

(19.3

)

 

$

8.4

 

Schedule of Net Sales and Property, Plant and Equipment by Geographic Area

Net sales and property, plant and equipment by geographic area as of and for the years ended December 31 are summarized below.  

 

 

 

Net Sales

 

 

Property, Plant and Equipment

 

 

 

2019

 

 

2018

 

 

2017

 

 

2019

 

 

2018

 

United States

 

$

860.4

 

 

$

796.9

 

 

$

618.5

 

 

$

109.3

 

 

$

110.6

 

Europe

 

 

619.8

 

 

 

659.9

 

 

 

601.3

 

 

 

150.4

 

 

 

145.2

 

Other

 

 

353.9

 

 

 

390.0

 

 

 

361.5

 

 

 

30.2

 

 

 

33.1

 

Total

 

$

1,834.1

 

 

$

1,846.8

 

 

$

1,581.3

 

 

$

289.9

 

 

$

288.9

 

Schedule of Net Sales By Product

Net sales by product for the years ended December 31, 2019, 2018 and 2017 are summarized as follows:

 

 

 

2019

 

 

2018

 

 

2017

 

Cranes

 

$

1,498.6

 

 

$

1,509.9

 

 

$

1,270.5

 

Aftermarket parts and other*

 

 

335.5

 

 

 

336.9

 

 

 

310.8

 

Total net sales

 

$

1,834.1

 

 

$

1,846.8

 

 

$

1,581.3

 

* Other revenue consists of revenue related to miscellaneous Crane Care services such as

training and field service work.