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Business Segment Information
 3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information

Reportable business segment information for the three months ended March 31 was as follows:

 
Metal
Containers
 
Closures
 
Plastic
Containers
 
Corporate
 
Total
 
(Dollars in thousands)
Three Months Ended March 31, 2015
 
 
 
 
 
 
 
 
 
Net sales
$
458,898

 
$
198,080

 
$
159,623

 
$
—

 
$
816,601

Depreciation and amortization(1)
17,192

 
9,727

 
8,692

 
32

 
35,643

Rationalization charges
—

 
336

 
389

 
—

 
725

Segment income from operations(2)
40,667

 
21,575

 
9,211

 
(4,392
)
 
67,061

 
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2014
 

 
 

 
 

 
 

 
 

Net sales
$
468,405

 
$
213,797

 
$
173,644

 
$
—

 
$
855,846

Depreciation and amortization(1)
17,379

 
10,804

 
9,135

 
32

 
37,350

Rationalization charges
—

 
626

 
962

 
—

 
1,588

Segment income from operations(2)
40,453

 
17,766

 
12,843

 
(3,052
)
 
68,010


_____________

(1) 
Depreciation and amortization excludes amortization of debt issuance costs of $1.0 million and $1.1 million for the three months ended March 31, 2015 and 2014, respectively.
(2) 
Income from operations of the closures segment includes losses from operations in Venezuela of $0.1 million and $0.5 million for the three months ended March 31, 2015 and 2014, respectively.



Total segment income from operations is reconciled to income before income taxes as follows:

 
 
 
2015
 
2014
 


 
(Dollars in thousands)

Total segment income from operations
 
 
$
67,061

 
$
68,010

Interest and other debt expense
 
 
16,443

 
20,160

Income before income taxes
 
 
$
50,618

 
$
47,850


Sales and income from operations of our metal container business and part of our closures business are dependent, in part, upon fruit and vegetable harvests.  The size and quality of these harvests varies from year to year, depending in large part upon the weather conditions in applicable regions.  Because of the seasonality of the harvests, we have historically experienced higher unit sales volume in the third quarter of our fiscal year and generated a disproportionate amount of our annual income from operations during that quarter.