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Business Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Reportable Business Segment Information

Reportable business segment information was as follows:

 
Metal
Containers
 
Closures
 
Plastic
Containers
 
Corporate
 
Total
 
(Dollars in thousands)
Three Months Ended September 30, 2019
 
 
 
 
 
 
 
 
 
Net sales
$
822,262

 
$
353,436

 
$
145,644

 
$

 
$
1,321,342

Depreciation and amortization(1)
21,477

 
20,847

 
9,512

 
39

 
51,875

Rationalization charges
3,035

 
72

 
88

 

 
3,195

Segment income
81,128

 
44,784

 
11,425

 
(4,642
)
 
132,695

 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2018
 

 
 

 
 

 
 

 
 

Net sales
$
797,768

 
$
360,816

 
$
148,415

 
$

 
$
1,306,999

Depreciation and amortization(1)
19,823

 
18,378

 
9,171

 
43

 
47,415

Rationalization charges
72

 
111

 
105

 

 
288

Segment income
86,928

 
47,349

 
8,446

 
(4,268
)
 
138,455

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2019
 
 
 
 
 
 
 
 
 
Net sales
$
1,904,941

 
$
1,072,979

 
$
463,715

 
$

 
$
3,441,635

Depreciation and amortization(1)
64,021

 
62,345

 
27,665

 
120

 
154,151

Rationalization charges
42,280

 
5,979

 
335

 

 
48,594

Segment income
134,053

 
131,896

 
36,902

 
(14,816
)
 
288,035

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30, 2018
 

 
 

 
 

 
 

 
 

Net sales
$
1,808,585

 
$
1,109,924

 
$
459,874

 
$

 
$
3,378,383

Depreciation and amortization(1)
60,500

 
55,786

 
26,975

 
107

 
143,368

Rationalization charges
812

 
150

 
521

 

 
1,483

Segment income
172,268

 
143,277

 
32,687

 
(13,478
)
 
334,754


_____________

(1) 
Depreciation and amortization excludes amortization of debt issuance costs of $0.8 million and $0.9 million for the three months ended September 30, 2019 and 2018, respectively, and $2.6 million and $2.9 million for the nine months ended September 30, 2019 and 2018, respectively.


Reconciliation of Segment Income from Operations to Income before Income Taxes
Total segment income is reconciled to income before income taxes as follows:
 
Three Months Ended
 
Nine Months Ended
 
Sept. 30, 2019
 
Sept. 30, 2018
 
Sept. 30, 2019
 
Sept. 30, 2018
 
(Dollars in thousands)
Total segment income
$
132,695

 
$
138,455

 
$
288,035

 
$
334,754

Interest and other debt expense
28,443

 
28,199

 
83,948

 
91,095

Income before income taxes
$
104,252

 
$
110,256

 
$
204,087

 
$
243,659