Segment Information (Tables)

6 Months Ended

Jun. 28, 2015

Segment Information

Summary of the Company's significant accounts and balances by segment, reconciled to the consolidated totals

	Second Quarter Ended						Six Months Ended
	June 28, 2015			June 29, 2014			June 28, 2015			June 29, 2014
	(in millions)
Net sales
Americas	$	262.8		$	241.8		$	500.2		$	460.9
EMEA	112.2			143.9			221.2			283.0
Asia-Pacific	11.9			10.3			21.7			17.3
Consolidated net sales	$	386.9		$	396.0		$	743.1		$	761.2
Operating income (loss)
Americas	$	36.1		$	29.0		$	60.3		$	51.6
EMEA	9.4			13.1			14.8			22.0
Asia-Pacific	(1.8		)	2.1			(0.3		)	3.0
Subtotal reportable segments	43.7			44.2			74.8			76.6
Corporate (*)	(8.9		)	(7.6		)	(17.2		)	(14.2		)
Consolidated operating income	34.8			36.6			57.6			62.4
Interest income	0.2			0.2			0.4			0.3
Interest expense	(5.9		)	(4.9		)	(11.8		)	(9.8		)
Other income (expense), net	0.4			0.1			0.6			(0.3		)
Income from continuing operations before income taxes	$	29.5		$	32.0		$	46.8		$	52.6
Capital expenditures
Americas	$	4.1		$	2.7		$	8.2		$	4.9
EMEA	2.6			2.6			3.8			5.1
Asia-Pacific	0.2			0.3			0.5			0.6
Consolidated capital expenditures	$	6.9		$	5.6		$	12.5		$	10.6
Depreciation and amortization
Americas	$	7.1		$	4.9		$	14.1		$	9.7
EMEA	5.2			6.8			10.6			13.4
Asia-Pacific	0.6			0.4			1.2			0.9
Consolidated depreciation and amortization	$	12.9		$	12.1		$	25.9		$	24.0
Identifiable assets (at end of period)
Americas							$	1,071.9		$	768.2
EMEA							737.0			877.9
Asia-Pacific							84.4			80.6
Consolidated identifiable assets							$	1,893.3		$	1,726.7
Property, plant and equipment, net (at end of period)
Americas							$	85.8		$	84.0
EMEA							88.4			114.7
Asia-Pacific							12.4			13.6
Consolidated property, plant and equipment, net							$	186.6		$	212.3

*   Corporate expenses are primarily for administrative compensation expense, internal controls costs, professional fees, including corporate-related legal and audit expenses, shareholder services and benefit administration costs.

Schedule of U.S. net sales of the Company's Americas segment

	Second Quarter Ended				Six Months Ended
	June 28, 2015		June 29, 2014		June 28, 2015		June 29, 2014
	(in millions)
U.S. net sales	$	244.4	$	222.1	$	465.8	$	423.7

Schedule of intersegment sales for Americas, EMEA and Asia-Pacific

	Second Quarter Ended				Six Months Ended
	June 28, 2015		June 29, 2014		June 28, 2015		June 29, 2014
	(in millions)
Intersegment Sales
Americas	$	1.9	$	1.9	$	3.7	$	3.1
EMEA	2.8		3.8		5.5		7.4
Asia-Pacific	32.6		41.4		63.1		80.4
Intersegment sales	$	37.3	$	47.1	$	72.3	$	90.9

	Second Quarter Ended				Six Months Ended
	June 28, 2015		June 29, 2014		June 28, 2015		June 29, 2014
	(in millions)
Intersegment Sales
Americas	$	1.9	$	1.9	$	3.7	$	3.1
EMEA	2.8		3.8		5.5		7.4
Asia-Pacific	32.6		41.4		63.1		80.4
Intersegment sales	$	37.3	$	47.1	$	72.3	$	90.9