XML 44 R33.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Schedule of Reportable Segment Information
Reportable segment information is presented in the following table:
(In thousands, except percentage amounts)AmericasInternationalCorporateConsolidated
Totals
Three Months Ended June 30, 2020
Sales to external customers$204,231  $110,207  $—  $314,438  
Operating income48,294  
Restructuring charges (Note 4)8,865  
Currency exchange losses, net (Note 6)793  
Product liability expense (Note 17)851  
Strategic transaction costs (Note 18)64  
Adjusted operating income (loss)49,003  17,402  (7,538) 58,867  
Adjusted operating margin %24.0 %15.8 %
Depreciation and amortization9,786  
Adjusted EBITDA55,620  20,474  (7,441) 68,653  
Adjusted EBITDA %27.2 %18.6 %
Six Months Ended June 30, 2020
Sales to external customers$435,484  $220,099  $—  $655,583  
Operating income107,076  
Restructuring charges (Note 4)10,872  
Currency exchange losses, net (Note 6)1,063  
Product liability expense (Note 17)2,802  
Strategic transaction costs (Note 18)161  
COVID-19 related costs757  
Adjusted operating income (loss)108,811  30,073  (16,153) 122,731  
Adjusted operating margin %25.0 %13.7 %
Depreciation and amortization19,428  
Adjusted EBITDA121,878  36,239  (15,958) 142,159  
Adjusted EBITDA %28.0 %16.5 %
(In thousands, except percentage amounts)AmericasInternationalCorporateConsolidated
Totals
Three Months Ended June 30, 2019
Sales to external customers$231,389  $118,286  $—  $349,675  
Operating income54,478  
Restructuring charges (Note 4)3,522  
Currency exchange losses, net (Note 6)1,290  
Product liability expense (Note 17)3,529  
Strategic transaction costs (Note 18)1,529  
Adjusted operating income (loss)57,689  15,072  (8,413) 64,348  
Adjusted operating margin %24.9 %12.7 %
Depreciation and amortization9,466  
Adjusted EBITDA63,842  18,288  (8,316) 73,814  
Adjusted EBITDA %27.6 %15.5 %
Six Months Ended June 30, 2019
Sales to external customers$445,076  $230,637  $—  $675,713  
Operating income86,638  
Restructuring charges (Note 4)9,353  
Currency exchange losses, net (Note 6)18,251  
Product liability expense (Note 17)6,425  
Strategic transaction costs (Note 18)1,985  
Adjusted operating income (loss)112,492  26,112  (15,952) 122,652  
Adjusted operating margin %25.3 %11.3 %
Depreciation and amortization18,792  
Adjusted EBITDA124,742  32,459  (15,757) 141,444  
Adjusted EBITDA %28.0 %14.1 %
Percentage of Total Sales by Product Group
Total sales by product group was as follows:
Three Months Ended June 30, 2020ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$75,864  24%$50,269  25%$25,595  23%
Fixed Gas & Flame Detection65,385  21%36,742  18%28,643  26%
Firefighter Helmets & Protective Apparel 40,337  13%33,744  16%6,593  6%
Industrial Head Protection30,601  10%20,506  10%10,095  9%
Portable Gas Detection28,385  9%17,201  8%11,184  10%
Fall Protection21,660  7%11,381  6%10,279  9%
Other (a)
52,206  16%34,388  17%17,818  17%
Total$314,438  100%$204,231  100%$110,207  100%
Six Months Ended June 30, 2020ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$151,708  23%$102,962  24%$48,746  22%
Fixed Gas & Flame Detection135,296  21%77,989  18%57,307  26%
Firefighter Helmets & Protective Apparel 82,884  13%68,857  16%14,027  7%
Portable Gas Detection69,437  11%44,850  10%24,587  11%
Industrial Head Protection65,933  10%48,061  11%17,872  8%
Fall Protection49,087  7%29,076  7%20,011  9%
Other (a)
101,238  15%63,689  14%37,549  17%
Total$655,583  100%$435,484  100%$220,099  100%
Three Months Ended June 30, 2019ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$74,907  22%$50,584  22%$24,323  21%
Fixed Gas & Flame Detection70,310  20%39,118  17%31,192  26%
Firefighter Helmets & Protective Apparel 48,799  14%39,091  17%9,708  8%
Portable Gas Detection42,343  12%33,844  13%8,499  7%
Industrial Head Protection38,921  11%25,045  12%13,876  12%
Fall Protection31,629  9%18,720  8%12,909  11%
Other (a)
42,766  12%24,987  11%17,779  15%
Total$349,675  100%$231,389  100%$118,286  100%
Six Months Ended June 30, 2019ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$150,354  22%$101,489  23%$48,865  21%
Fixed Gas & Flame Detection130,709  19%72,048  16%58,661  25%
Firefighter Helmets & Protective Apparel 92,376  14%74,155  17%18,221  8%
Portable Gas Detection83,069  12%55,458  12%27,611  12%
Industrial Head Protection74,665  12%58,258  13%16,407  7%
Fall Protection61,756  9%36,680  8%25,076  11%
Other (a)
82,784  12%46,988  11%35,796  16%
Total$675,713  100%$445,076  100%$230,637  100%
(a) Other products include sales of Air Purifying Respirators.