Business Segments (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of information about the performance of the Company's reportable segments, sales and total assets

The following tables present information about the performance of the Company’s reportable segments for the years ended December 31, 2022, 2021 and 2020.

	2022		2021		2020
Net sales
Americas	$	696,102	$	572,643	$	450,161
EMEA	474,604		480,126		383,187
Asia/Pacific	386,450		388,160		315,299
Global Specialty Businesses	386,429		320,229		269,030
Total net sales	$	1,943,585	$	1,761,158	$	1,417,677

The following tables present information regarding the Company’s reportable segments’ assets and long-lived assets, including certain identifiable assets as well as an allocation of shared assets, as of December 31, 2022, 2021 and 2020:

	2022		2021		2020
Segment assets
Americas	$	1,014,115	$	983,521	$	969,551
EMEA	602,289		714,659		697,821
Asia/Pacific	685,607		750,970		713,004
Global Specialty Businesses	519,611		506,610		511,458
Total segment assets	$	2,821,622	$	2,955,760	$	2,891,834

Schedule of information about the performance of the Company's reportable segments, operating earnings

	2022		2021		2020
Segment operating earnings
Americas	$	148,181	$	124,863	$	96,379
EMEA	50,708		85,209		69,163
Asia/Pacific	92,995		96,318		88,356
Global Specialty Businesses	113,940		90,632		79,690
Total segment operating earnings	405,824		397,022		333,588
Combination, integration and other acquisition-related expenses	(8,779)		(23,885)		(29,790)
Restructuring and related charges	(3,163)		(1,433)		(5,541)
Fair value step up of acquired inventory sold	—		(801)		(226)
Impairment charges	(93,000)		—		(38,000)
Non-operating and administrative expenses	(187,830)		(157,864)		(143,202)
Depreciation of corporate assets and amortization	(60,748)		(62,573)		(57,469)
Operating income	52,304		150,466		59,360
Other (expense) income, net	(12,607)		18,851		(5,618)
Interest expense, net	(32,579)		(22,326)		(26,603)
Income before taxes and equity in net income of associated companies	$	7,118	$	146,991	$	27,139

Schedule of reportable segments' long-lived assets, including certain identifiable assets

	2022		2021		2020
Segment long-lived assets
Americas	$	118,525	$	129,321	$	122,302
EMEA	66,151		69,990		69,344
Asia/Pacific	113,476		123,130		119,233
Global Specialty Businesses	60,182		37,951		59,091
Total segment long-lived assets	$	358,334	$	360,392	$	369,970

Reconciliation of capital expenditures and depreciation for identifiable assets

The following tables present information regarding the Company’s reportable segments’ capital expenditures and depreciation for identifiable assets for the years ended December 31, 2022, 2021 and 2020:

	2022		2021		2020
Capital expenditures
Americas	$	18,188	$	9,678	$	6,451
EMEA	5,628		6,767		3,844
Asia/Pacific	3,245		2,264		5,688
Global Specialty Businesses	1,478		2,748		1,918
Total segment capital expenditures	$	28,539	$	21,457	$	17,901

	2022		2021		2020
Depreciation
Americas	$	8,858	$	12,074	$	12,322
EMEA	4,897		6,936		6,813
Asia/Pacific	4,060		4,596		4,672
Global Specialty Businesses	5,109		3,043		3,544
Total segment depreciation	$	22,924	$	26,649	$	27,351