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Business Segments (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting, Measurement Disclosures [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following table presents information about the performance of the Company’s reportable segments:
Three Months Ended
March 31,
20232022
Net sales
Americas$251,413 $212,091 
EMEA152,449 146,819 
Asia/Pacific96,286 115,261 
Total net sales$500,148 $474,171 
Segment operating earnings
Americas$66,125 $45,022 
EMEA27,571 23,247 
Asia/Pacific27,652 24,501 
Total segment operating earnings121,348 92,770 
Combination, integration and other acquisition-related expenses— (4,053)
Restructuring and related charges, net(3,972)(820)
Non-operating and administrative expenses(51,771)(43,305)
Depreciation of corporate assets and amortization(15,676)(15,189)
Operating income49,929 29,403 
Other expense, net(2,239)(2,206)
Interest expense, net(13,242)(5,345)
Income before taxes and equity in net income of associated companies$34,448 $21,852 
The following table summarizes inter-segment revenues. All inter-segment transactions have been eliminated from each reportable segment’s net sales and earnings for all periods presented in the above tables.
Three Months Ended
March 31,
20232022
Americas2,827 3,056 
EMEA6,093 12,176 
Asia/Pacific59 297