XML 43 R32.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Tables)
 9 Months Ended
Sep. 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 September 30, 2020
Sales to external customers$194,303 $110,089 $— $304,392 
Operating income41,149 
Restructuring charges (Note 4)7,603 
Currency exchange losses, net (Note 6)2,759 
Product liability expense (Note 17)2,077 
Strategic transaction costs41 
Adjusted operating income (loss)40,898 15,658 (2,927)53,629 
Adjusted operating margin %21.0 %14.2 %
Depreciation and amortization9,856 
Adjusted EBITDA47,465 18,848 (2,828)63,485 
Adjusted EBITDA %24.4 %17.1 %
Nine Months Ended September 30, 2020
Sales to external customers$629,787 $330,188 $— $959,975 
Operating income148,213 
Restructuring charges (Note 4)18,475 
Currency exchange losses, net (Note 6)3,821 
Product liability expense (Note 17)4,878 
Strategic transaction costs202 
COVID-19 related costs757 
Adjusted operating income (loss)149,708 45,719 (19,081)176,346 
Adjusted operating margin %23.8 %13.8 %
Depreciation and amortization29,284 
Adjusted EBITDA169,343 55,075 (18,788)205,630 
Adjusted EBITDA %26.9 %16.7 %
(In thousands, except percentage amounts)AmericasInternationalCorporateConsolidated
Totals
Three Months Ended September 30, 2019
Sales to external customers$234,624 $116,390 $— $351,014 
Operating income59,614 
Restructuring charges (Note 4)1,850 
Currency exchange gains, net (Note 6)(913)
Product liability expense (Note 17)1,730 
Strategic transaction costs952 
Adjusted operating income (loss)58,971 13,776 (9,514)63,233 
Adjusted operating margin %25.1 %11.8 %
Depreciation and amortization9,547 
Adjusted EBITDA65,342 16,854 (9,416)72,780 
Adjusted EBITDA %27.8 %14.5 %
Nine Months Ended September 30, 2019
Sales to external customers$679,699 $347,027 $— $1,026,726 
Operating income146,252 
Restructuring charges (Note 4)11,203 
Currency exchange losses, net (Note 6)17,338 
Product liability expense (Note 17)8,155 
Strategic transaction costs2,937 
Adjusted operating income (loss)171,463 39,888 (25,466)185,885 
Adjusted operating margin %25.2 %11.5 %
Depreciation and amortization28,339 
Adjusted EBITDA190,084 49,313 (25,173)214,224 
Adjusted EBITDA %28.0 %14.2 %
Percentage of Total Sales by Product Group
Total sales by product group was as follows:
Three Months Ended September 30, 2020ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$62,454 20%$38,889 20%$23,565 21%
Fixed Gas & Flame Detection70,038 23%39,411 20%30,627 28%
Firefighter Helmets & Protective Apparel 38,785 13%33,000 17%5,785 5%
Portable Gas Detection32,701 11%20,972 11%11,729 11%
Industrial Head Protection29,328 10%21,489 11%7,839 7%
Fall Protection24,620 8%13,109 7%11,511 11%
Other (a)
46,466 15%27,433 14%19,033 17%
Total$304,392 100%$194,303 100%$110,089 100%
Nine Months Ended September 30, 2020ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$214,162 22%$141,850 23%$72,312 22%
Fixed Gas & Flame Detection205,334 21%117,399 19%87,935 27%
Firefighter Helmets & Protective Apparel 121,669 13%101,857 16%19,812 6%
Portable Gas Detection102,138 11%65,822 10%36,316 11%
Industrial Head Protection95,260 10%69,549 11%25,711 8%
Fall Protection73,707 8%42,185 7%31,522 9%
Other (a)
147,705 15%91,125 14%56,580 17%
Total$959,975 100%$629,787 100%$330,188 100%
Three Months Ended September 30, 2019ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$71,312 20%$46,287 20%$25,025 22%
Fixed Gas & Flame Detection75,855 22%42,953 18%32,902 28%
Firefighter Helmets & Protective Apparel 42,804 12%35,017 15%7,787 7%
Portable Gas Detection44,240 13%30,305 13%13,935 12%
Industrial Head Protection37,730 11%29,217 12%8,513 7%
Fall Protection34,639 10%22,972 10%11,667 10%
Other (a)
44,434 12%27,873 12%16,561 14%
Total$351,014 100%$234,624 100%$116,390 100%
Nine Months Ended September 30, 2019ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$221,666 22%$147,776 22%$73,890 21%
Fixed Gas & Flame Detection206,564 20%115,001 17%91,563 26%
Firefighter Helmets & Protective Apparel 135,181 13%109,173 16%26,008 7%
Portable Gas Detection127,309 12%85,763 13%41,546 12%
Industrial Head Protection112,395 11%87,475 13%24,920 7%
Fall Protection96,396 9%59,653 9%36,743 11%
Other (a)
127,215 13%74,858 10%52,357 16%
Total$1,026,726 100%$679,699 100%$347,027 100%
(a)Other products include sales of Air Purifying Respirators ("APR").