Segment Information (Tables)

3 Months Ended

Mar. 29, 2020

Segment Information

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

	First Quarter Ended
	March 29,		March 31,
	2020		2019
	(in millions)
Net Sales
Americas	$	262.4	$	258.9
Europe		110.2		116.3
APMEA		10.0		13.5
Consolidated net sales	$	382.6	$	388.7
Operating income (loss)
Americas	$	43.4	$	43.1
Europe		13.7		13.2
APMEA		(0.1)		1.3
Subtotal reportable segments		57.0		57.6
Corporate(*)		(9.2)		(10.9)
Consolidated operating income		47.8		46.7
Interest income		(0.1)		(0.1)
Interest expense		3.0		3.6
Other expense, net		0.3		0.5
Income before income taxes	$	44.6	$	42.7
Capital Expenditures
Americas	$	6.6	$	3.9
Europe		2.2		3.0
APMEA		0.1		—
Consolidated capital expenditures	$	8.9	$	6.9
Depreciation and Amortization
Americas	$	7.4	$	7.1
Europe		3.4		3.6
APMEA		0.6		0.7
Consolidated depreciation and amortization	$	11.4	$	11.4
Identifiable assets (at end of period)
Americas	$	1,155.4	$	1,050.1
Europe		519.6		524.9
APMEA		92.4		108.4
Consolidated identifiable assets	$	1,767.4	$	1,683.4
Property, plant and equipment, net (at end of period)
Americas	$	121.0	$	114.3
Europe		75.4		78.7
APMEA		5.4		6.6
Consolidated property, plant and equipment, net	$	201.8	$	199.6

*     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

	First Quarter Ended
	March 29,		March 31,
	2020		2019
	(in millions)
U.S. net sales	$	246.7	$	243.5

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

	First Quarter Ended
	March 29,		March 31,
	2020		2019
	(in millions)
Intersegment Sales
Americas	$	2.4	$	2.9
Europe		4.1		3.6
APMEA		13.6		16.9
Intersegment sales	$	20.1	$	23.4