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Segment Information (Tables)
6 Months Ended
Jun. 30, 2021
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, 2021
Sales to external customers$217,707 $123,582 $— $341,289 
Operating income35,050 
Restructuring charges (Note 3)7,078 
Currency exchange losses, net (Note 5)1,640 
Product liability expense (Note 17)11,751 
Acquisition related costs(a) (Note 18)
3,168 
Adjusted operating income (loss)49,238 20,440 (10,991)58,687 
Adjusted operating margin %22.6 %16.5 %
Depreciation and amortization11,584 
Adjusted EBITDA57,137 24,020 (10,886)70,271 
Adjusted EBITDA margin %26.2 %19.4 %
Six Months Ended June 30, 2021
Sales to external customers$426,046 $223,671 $— $649,717 
Operating income79,088 
Restructuring charges (Note 3)8,385 
Currency exchange gains, net (Note 5)(459)
Product liability expense (Note 17)14,547 
Acquisition related costs(a) (Note 18)
4,541 
Adjusted operating income (loss)94,390 29,194 (17,482)106,102 
Adjusted operating margin %22.2 %13.1 %
Depreciation and amortization22,088 
Adjusted EBITDA109,322 36,147 (17,279)128,190 
Adjusted EBITDA margin %25.7 %16.2 %
(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 3)8,865 
Currency exchange losses, net (Note 5)793 
Product liability expense (Note 17)851 
Acquisition related costs(a) (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 margin %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 
Acquisition related costs(a) (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 margin %28.0 %16.5 %
(a)Acquisition related costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during due diligence and integration. These costs are included in Selling, general and administrative expense in the unaudited Condensed Consolidated Statements of Income. Acquisition-related costs also include the acquisition related amortization, which is included in Cost of products sold in the Condensed Consolidated Statements of Income.
Percentage of Total Sales by Product Group
Total sales by product group was as follows:
Three Months Ended June 30, 2021ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$76,659 22%$51,436 24%$25,223 20%
Fixed Gas & Flame Detection64,920 19%36,950 17%27,970 23%
Firefighter Helmets & Protective Apparel 53,121 16%36,424 17%16,697 14%
Portable Gas Detection38,820 11%25,393 12%13,427 11%
Industrial Head Protection38,155 11%28,820 13%9,335 8%
Fall Protection30,809 9%17,677 8%13,132 11%
Other (b)
38,805 12%21,007 9%17,798 13%
Total$341,289 100%$217,707 100%$123,582 100%
Six Months Ended June 30, 2021ConsolidatedAmericasInternational
(In thousands, except percentages)DollarsPercentDollarsPercentDollarsPercent
Breathing Apparatus$146,304 23%$100,234 24%$46,069 21%
Fixed Gas & Flame Detection125,039 19%73,227 17%51,811 23%
Firefighter Helmets & Protective Apparel 99,131 15%71,413 17%27,719 12%
Portable Gas Detection76,249 12%51,095 12%25,154 11%
Industrial Head Protection70,851 11%53,931 13%16,920 8%
Fall Protection56,876 9%33,349 8%23,526 11%
Other (b)
75,267 11%42,797 9%32,472 14%
Total$649,717 100%$426,046 100%$223,671 100%
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%
Portable Gas Detection28,385 9%17,201 8%11,184 10%
Industrial Head Protection30,601 10%20,506 10%10,095 9%
Fall Protection21,660 7%11,381 6%10,279 9%
Other (b)
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 (b)
101,238 15%63,689 14%37,549 17%
Total$655,583 100%$435,484 100%$220,099 100%
(b)Other products include sales of Air Purifying Respirators ("APR").