Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Schedule of Reportable Segment Information

Reportable segment information is presented in the following table:


(In thousands)	Americas		International		Corporate		Consolidated Totals
Three Months Ended September 30, 2024
Net sales to external customers	$	299,497	$	133,182	$	—	$	432,679









Adjusted operating income (loss)	91,822		18,174		(12,081)		97,915










Three Months Ended September 30, 2023
Net sales to external customers	$	314,273	$	132,455	$	—	$	446,728








Adjusted operating income (loss)	93,918		22,577		(15,198)		101,297


(In thousands)	Americas		International		Corporate		Consolidated Totals
Nine Months Ended September 30, 2024
Net sales to external customers	$	909,745	$	398,698	$	—	$	1,308,443









Adjusted operating income (loss)	276,523		55,944		(38,353)		294,114





Nine Months Ended September 30, 2023
Net sales to external customers	$	902,918	$	389,372	$	—	$	1,292,290









Adjusted operating income (loss)	260,428		60,099		(38,066)		282,461

A reconciliation of total Adjusted operating income from reportable segments to Income before income taxes is presented in the following table:


	Three Months Ended September 30,				Nine Months Ended September 30,
(In thousands)	2024		2023		2024		2023













Adjusted operating income	$	97,915	$	101,297	$	294,114	$	282,461
Less:
Restructuring charges (Note 3)	1,184		3,285		5,744		8,382
Currency exchange losses, net	2,985		1,496		4,715		8,781

Interest expense	9,153		12,498		29,556		37,149
Other income, net	(5,833)		(6,037)		(16,215)		(15,487)
Amortization of acquisition-related intangible assets	2,269		2,315		6,888		6,936
Transaction costs(a)	—		78		234		78
Net cost for product related legal matter	—		—		5,000		—
Loss on divestiture of MSA LLC (Note 17)	—		—		—		129,211
Product liability expense (Note 17)	—		—		—		3
Income before income taxes	88,157		87,662		258,192		107,408



















(a) Transaction costs include advisory, legal, accounting, valuation, and other professional or consulting fees incurred during our evaluation of acquisitions and divestitures. These costs are included in Selling, general and administrative expense in the unaudited Condensed Consolidated Statements of Operations.

Percentage of Total Sales by Product Group

Total sales by product group was as follows:


Three Months Ended September 30, 2024	Consolidated			Americas			International
(In thousands, except percentages)	Dollars		Percent		Dollars		Percent	Dollars		Percent
Fire Service (a)	$	160,515	37%		$	111,992	37%	$	48,523	36%
Detection (b)	163,150		38%		110,459		37%	52,691		40%
Industrial PPE and Other (c)	109,014		25%		77,046		26%	31,968		24%
Total	$	432,679	100%		$	299,497	100%	$	133,182	100%

Three Months Ended September 30, 2023	Consolidated			Americas			International
(In thousands, except percentages)	Dollars		Percent		Dollars		Percent	Dollars		Percent
Fire Service (a)	$	175,732	39%		$	131,516	42%	$	44,216	33%
Detection (b)	155,694		35%		105,007		33%	50,687		38%
Industrial PPE and Other (c)	115,302		26%		77,750		25%	37,552		29%
Total	$	446,728	100%		$	314,273	100%	$	132,455	100%

Nine Months Ended September 30, 2024	Consolidated			Americas			International
(In thousands, except percentages)	Dollars		Percent		Dollars		Percent	Dollars		Percent
Fire Service (a)	$	496,478	38%		$	352,730	39%	$	143,748	36%
Detection (b)	473,214		36%		318,159		35%	155,055		39%
Industrial PPE and Other (c)	338,751		26%		238,856		26%	99,895		25%
Total	$	1,308,443	100%		$	909,745	100%	$	398,698	100%

Nine Months Ended September 30, 2023	Consolidated			Americas			International
(In thousands, except percentages)	Dollars		Percent		Dollars		Percent	Dollars		Percent
Fire Service (a)	$	481,610	37%		$	354,729	39%	$	126,881	33%
Detection (b)	460,537		36%		308,692		34%	151,845		39%
Industrial PPE and Other (c)	350,143		27%		239,497		27%	110,646		28%
Total	$	1,292,290	100%		$	902,918	100%	$	389,372	100%
(a) Fire Service includes Breathing Apparatus and Firefighter Helmets and Protective Apparel. (b) Detection includes Fixed Gas and Flame Detection and Portable Gas detection. (c) Industrial PPE and Other includes Industrial Head Protection, Fall Protection and Non-Core.