Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2015

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

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⁽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.

Reconciliation of Segment Income from Operations to Income before Income Taxes

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

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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