Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Reportable Segment Information

Reportable segment information is presented in the following table:

(In thousands, except percentage amounts)	Americas			International			Corporate		Consolidated Totals
Three Months Ended March 31, 2022
Sales to external customers	$	225,648		$	105,044		$	—	$	330,692
Operating income									42,668
Restructuring charges (Note 3)									2,189
Currency exchange losses, net									3,271
Product liability expense (Note 18)									2,772
Acquisition related costs(a) (Note 14)									2,943
Adjusted operating income (loss)	52,435			9,024			(7,616)		53,843
Adjusted operating margin %	23.2		%	8.6		%
Depreciation and amortization									11,829
Adjusted EBITDA	60,796			12,362			(7,486)		65,672
Adjusted EBITDA margin %	26.9		%	11.8		%

(In thousands, except percentage amounts)	Americas			International			Corporate		Consolidated Totals
Three Months Ended March 31, 2021
Sales to external customers	$	208,340		$	100,088		$	—	$	308,428
Operating income									44,083
Restructuring charges (Note 3)									1,308
Currency exchange gains, net									(2,099)
Product liability expense (Note 18)									2,796
Acquisition related costs(a)									1,373
Adjusted operating income (loss)	45,195			8,792			(6,526)		47,461
Adjusted operating margin %	21.7		%	8.8		%
Depreciation and amortization									10,504
Adjusted EBITDA	52,229			12,165			(6,429)		57,965
Adjusted EBITDA margin %	25.1		%	12.2		%
*Prior period has been adjusted to reflect the change in inventory accounting method, as described in the Company's fiscal 2021 Annual Report on Form 10-K. Adjustments were made to Americas and International.

(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 unaudited Condensed Consolidated Statements of Income.

Percentage of Total Sales by Product Group

Total sales by product group was as follows:

Three Months Ended March 31, 2022	Consolidated			Americas			International
(In thousands, except percentages)	Dollars		Percent	Dollars		Percent	Dollars		Percent
Fixed Gas & Flame Detection (a)	$	83,077	25%	$	54,621	24%	$	28,456	27%
Breathing Apparatus	70,951		22%	50,398		22%	20,553		20%
Firefighter Helmets & Protective Apparel	48,461		15%	33,476		15%	14,985		14%
Portable Gas Detection	36,744		11%	25,791		11%	10,953		10%
Industrial Head Protection	36,157		11%	28,165		13%	7,992		8%
Fall Protection	24,662		7%	16,277		7%	8,385		8%
Other (b)	30,640		9%	16,920		8%	13,720		13%
Total	$	330,692	100%	$	225,648	100%	$	105,044	100%

Three Months Ended March 31, 2021	Consolidated			Americas			International
(In thousands, except percentages)	Dollars		Percent	Dollars		Percent	Dollars		Percent
Breathing Apparatus	$	69,644	23%	$	48,798	23%	$	20,846	21%
Fixed Gas & Flame Detection	60,119		19%	36,277		17%	23,842		24%
Firefighter Helmets & Protective Apparel	46,010		15%	34,988		17%	11,022		11%
Portable Gas Detection	37,429		12%	25,702		12%	11,727		12%
Industrial Head Protection	32,696		11%	25,111		12%	7,585		8%
Fall Protection	26,067		8%	15,672		8%	10,395		10%
Other (b)	36,463		12%	21,792		11%	14,671		14%
Total	$	308,428	100%	$	208,340	100%	$	100,088	100%

(a)Fixed Gas & Flame Detection includes sales from the Bacharach, Inc. and its affiliated companies ("Bacharach") acquisition for periods following July 1, 2021 (Americas and International). Please refer to Note 14 - Acquisitions.

(b)Other products include sales of Air Purifying Respirators.