XML 39 R28.htm IDEA: XBRL DOCUMENT v3.20.2
Segment Information (Tables)
6 Months Ended
Jun. 28, 2020
Segment Information  
Summary of the Company's significant accounts and balances by segment, reconciled to the consolidated totals

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Second Quarter Ended

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Six Months Ended

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June 28,

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June 30,

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June 28,

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June 30,

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2020

    

2019

    

2020

    

2019

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(in millions)

Net Sales

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​

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Americas

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$

237.4

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$

287.0

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$

499.8

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$

545.9

Europe

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88.1

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113.2

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198.3

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229.5

APMEA

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13.2

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16.6

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23.2

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30.1

Consolidated net sales

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$

338.7

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$

416.8

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$

721.3

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$

805.5

Operating income

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​

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Americas

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$

29.5

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$

50.7

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$

72.9

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$

93.8

Europe

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9.2

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12.8

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22.9

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26.0

APMEA

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0.8

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1.2

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0.7

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2.4

Subtotal reportable segments

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39.5

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64.7

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96.5

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122.2

Corporate(*)

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(8.5)

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(10.4)

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(17.7)

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(21.2)

Consolidated operating income

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31.0

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54.3

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78.8

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101.0

Interest income

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(0.1)

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(0.1)

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(0.2)

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(0.2)

Interest expense

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4.0

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3.7

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7.0

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7.3

Other (income) expense, net

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(0.4)

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(0.1)

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(0.1)

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0.4

Income before income taxes

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$

27.5

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$

50.8

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$

72.1

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$

93.5

Capital Expenditures

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Americas

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$

11.1

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$

3.6

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$

17.7

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$

7.5

Europe

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3.8

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3.5

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6.0

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6.5

APMEA

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—

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0.3

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0.1

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0.3

Consolidated capital expenditures

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$

14.9

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$

7.4

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$

23.8

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$

14.3

Depreciation and Amortization

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​

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​

​

​

​

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Americas

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$

7.5

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$

7.2

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$

14.9

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$

14.3

Europe

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3.5

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3.5

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6.9

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7.1

APMEA

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0.5

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0.7

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1.1

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1.4

Consolidated depreciation and amortization

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$

11.5

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$

11.4

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$

22.9

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$

22.8

Identifiable assets (at end of period)

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Americas

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$

1,079.0

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$

1,052.4

Europe

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479.7

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516.3

APMEA

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89.6

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109.7

Consolidated identifiable assets

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$

1,648.3

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$

1,678.4

Property, plant and equipment, net (at end of period)

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​

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Americas

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$

123.9

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$

114.0

Europe

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77.8

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80.5

APMEA

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5.2

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6.4

Consolidated property, plant and equipment, net

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​

​

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$

206.9

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$

200.9

*     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

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Second Quarter Ended

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Six Months Ended

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June 28,

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June 30,

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June 28,

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June 30,

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2020

    

2019

    

2020

    

2019

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(in millions)

U.S. net sales

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$

222.6

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$

269.4

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$

469.3

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$

512.9

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

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Second Quarter Ended

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Six Months Ended

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June 28,

​

June 30,

​

June 28,

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June 30,

​

    

2020

    

2019

    

2020

    

2019

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(in millions)

Intersegment Sales

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Americas

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$

2.9

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$

3.0

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$

5.5

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$

5.9

Europe

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5.3

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4.2

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9.5

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7.9

APMEA

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21.0

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18.8

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34.5

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35.7

Intersegment sales

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$

29.2

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$

26.0

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$

49.5

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$

49.5