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Segments
 9 Months Ended
Sep. 30, 2013
Segment Reporting [Abstract]  
Segments
Segments

Effective January 1, 2013, we revised our reporting segments to align with our previously announced regionally focused organizational structure, which we believe enables us to better serve customers across the globe. Under this structure, we now report financial results for the Americas; Europe, the Middle East and Africa (EMEA); and Other. In addition, sales and segment EBIT reflect end market reporting pursuant to which sales and related costs are included in segment EBIT based on the geographical destination of the sale. The revised segment results do not affect any previously reported consolidated financial results. Our two reportable segments are defined below. Our operating segments that do not meet the criteria for reportable segments are disclosed as Other.

Americas—includes worldwide sales of manufactured and sourced glass tableware having an end market destination in North and South America.

EMEA—includes worldwide sales of manufactured and sourced glass tableware having an end market destination in Europe, the Middle East and Africa.

Other —includes worldwide sales of manufactured and sourced glass tableware having an end market destination in Asia Pacific and worldwide sales of sourced ceramic dinnerware, metal tableware, hollowware, and serveware.

Our measure of profit for our reportable segments is Segment Earnings before Interest and Taxes (Segment EBIT) and excludes amounts related to certain items we consider not representative of ongoing operations as well as certain retained corporate costs. We use Segment EBIT, along with net sales and selected cash flow information, to evaluate performance and to allocate resources. Segment EBIT for reportable segments includes an allocation of some corporate expenses based on the costs of services performed.

Certain activities not related to any particular reportable segment are reported within retained corporate costs. These costs include certain headquarter, administrative and facility costs, and other costs that are global in nature and are not allocable to the reporting segments.

The accounting policies of the reportable segments are the same as those described in note 2. We do not have any customers who represent 10 percent or more of total sales. Inter-segment sales are consummated at arm’s length and are reflected at end market reporting below.
 
Three months ended September 30,
 
Nine months ended September 30,
(dollars in thousands)
2013
 
2012
 
2013
 
2012
Net Sales:
 
 
 
 
 
 
 
Americas
$
141,390

 
$
146,169

 
$
406,740

 
$
424,428

EMEA
35,491

 
34,454

 
107,714

 
98,969

Other
27,505

 
28,527

 
83,312

 
82,829

Consolidated
$
204,386

 
$
209,150

 
$
597,766

 
$
606,226

 
 
 
 
 
 
 
 
Segment EBIT:
 
 
 
 
 
 
 
Americas
$
20,580

 
$
27,020

 
$
71,230

 
$
73,708

EMEA
(258
)
 
1,804

 
(1,172
)
 
1,526

Other
202

 
5,378

 
8,366

 
16,011

Total Segment EBIT
$
20,524

 
$
34,202

 
$
78,424

 
$
91,245

 
 
 
 
 
 
 
 
Reconciliation of Segment EBIT to Net Income:
 
 
 
 
 
 
 
Segment EBIT
$
20,524

 
$
34,202

 
$
78,424

 
$
91,245

Retained corporate costs
(3,647
)
 
(6,289
)
 
(14,074
)
 
(19,597
)
Loss on redemption of debt (note 4)
—

 
—

 
(2,518
)
 
(31,075
)
Severance
—

 
(3,911
)
 
—

 
(3,911
)
Pension settlement and curtailment
(760
)
 
125

 
(1,475
)
 
125

Furnace malfunction
(2,437
)
 
—

 
(2,437
)
 
—

Restructuring charges (note 5)
(390
)
 
—

 
(6,318
)
 
—

Abandoned property (note 15)
—

 
—

 
(1,781
)
 
—

Interest expense
(7,706
)
 
(8,720
)
 
(24,267
)
 
(29,085
)
Income taxes
(835
)
 
(546
)
 
(6,380
)
 
(2,343
)
Net income
$
4,749

 
$
14,861

 
$
19,174

 
$
5,359

 
 
 
 
 
 
 
 
Depreciation & Amortization:
 
 
 
 
 
 
 
Americas
$
5,975

 
$
6,045

 
$
19,824

 
$
18,248

EMEA
2,930

 
2,375

 
7,923

 
7,389

Other
2,587

 
1,325

 
5,377

 
4,156

Corporate
281

 
328

 
1,046

 
1,104

Consolidated
$
11,773

 
$
10,073

 
$
34,170

 
$
30,897

 
 
 
 
 
 
 
 
Capital Expenditures:
 
 
 
 
 
 
 
Americas
$
4,231

 
$
3,839

 
$
18,140

 
$
12,262

EMEA
1,307

 
942

 
4,348

 
2,960

Other
3,955

 
152

 
5,610

 
1,175

Corporate
888

 
479

 
2,054

 
847

Consolidated
$
10,381

 
$
5,412

 
$
30,152

 
$
17,244


(dollars in thousands)
September 30, 2013
 
December 31, 2012
Segment Assets(1):
 
 
 
Americas
$
169,667

 
$
150,923

EMEA
49,715

 
49,981

Other
45,623

 
37,495

Consolidated
$
265,005

 
$
238,399

______________________________
(1) Segment assets are defined as net accounts receivable plus net inventory.