Segment Information (Tables)

9 Months Ended

Sep. 30, 2018

Segment Information

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

	Three Months Ended				Nine Months Ended
	September 30,		October 1,		September 30,		October 1,
	2018		2017		2018		2017
	(in millions)
Net Sales
Americas	$	262.7	$	239.1	$	775.8	$	718.3
Europe		111.6		109.0		351.7		324.6
APMEA		16.6		16.6		49.8		47.5
Consolidated net sales	$	390.9	$	364.7	$	1,177.3	$	1,090.4
Operating income
Americas	$	45.0	$	39.8	$	128.1	$	110.5
Europe		9.4		13.4		37.2		38.5
APMEA		2.5		0.5		5.5		3.3
Subtotal reportable segments		56.9		53.7		170.8		152.3
Corporate(*)		(10.0)		(9.4)		(27.8)		(27.5)
Consolidated operating income		46.9		44.3		143.0		124.8
Interest income		(0.1)		(0.2)		(0.6)		(0.6)
Interest expense		3.9		4.7		12.6		14.5
Other (income) expense, net		(0.9)		0.3		(2.0)		0.8
Income before income taxes	$	44.0	$	39.5	$	133.0	$	110.1
Capital Expenditures
Americas	$	5.1	$	4.4	$	15.0	$	12.5
Europe		3.4		1.7		8.1		4.2
APMEA		0.4		0.1		1.0		0.4
Consolidated capital expenditures	$	8.9	$	6.2	$	24.1	$	17.1
Depreciation and Amortization
Americas	$	7.4	$	7.6	$	21.7	$	22.8
Europe		3.7		4.9		13.1		13.8
APMEA		0.6		0.4		1.9		2.1
Consolidated depreciation and amortization	$	11.7	$	12.9	$	36.7	$	38.7
Identifiable assets (at end of period)
Americas					$	1,024.2	$	1,074.0
Europe						520.2		510.4
APMEA						105.2		131.2
Consolidated identifiable assets					$	1,649.6	$	1,715.6
Property, plant and equipment, net (at end of period)
Americas					$	113.0	$	105.7
Europe						78.9		79.2
APMEA						6.6		7.2
Consolidated property, plant and equipment, net					$	198.5	$	192.1

*     Corporate expenses are primarily for administrative compensation expense, compliance 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

	Three Months Ended				Nine Months Ended
	September 30,		October 1,		September 30,		October 1,
	2018		2017		2018		2017
	(in millions)
U.S. net sales	$	245.5	$	222.0	$	725.1	$	670.6

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

	Three Months Ended				Nine Months Ended
	September 30,		October 1,		September 30,		October 1,
	2018		2017		2018		2017
	(in millions)
Intersegment Sales
Americas	$	3.7	$	2.5	$	9.7	$	9.0
Europe		3.7		4.0		10.6		11.9
APMEA		27.3		12.8		68.7		52.8
Intersegment sales	$	34.7	$	19.3	$	89.0	$	73.7