Segments

Our reporting segments align with our regionally focused organizational structure, which we believe enables us to better serve customers across the globe. Under this structure, we report financial results for the Americas; Europe, the Middle East and Africa (EMEA); U.S. Sourcing 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. Our three reportable segments are defined below. Our operating segment that does not meet the criteria to be a reportable segment is 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.

U.S. Sourcing—includes U.S. sales of sourced ceramic dinnerware, metal tableware, hollowware, and serveware.

Other —includes worldwide sales of manufactured and sourced glass tableware having an end market destination in Asia Pacific.

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 and other allocations that are not considered by management when evaluating performance. 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 March 31,
(dollars in thousands)	2014			2013
Net Sales:
Americas	$	121,925		$	123,535
EMEA	34,398			34,242
U.S. Sourcing	17,734			17,484
Other	7,524			8,215
Consolidated	$	181,581		$	183,476

Segment EBIT:
Americas	$	14,989		$	18,802
EMEA	253			(1,362		)
U.S. Sourcing	868			1,541
Other	445			2,285
Total Segment EBIT	$	16,555		$	21,266

Reconciliation of Segment EBIT to Net Income (Loss):
Segment EBIT	$	16,555		$	21,266
Retained corporate costs	(7,125		)	(5,300		)
Furnace malfunction	(5,306		)	—
Restructuring charges (note 5)	(985		)	(4,880		)
Interest expense	(7,701		)	(8,435		)
Income taxes	1,178			(662		)
Net income (loss)	$	(3,384	)	$	1,989

Depreciation & Amortization:
Americas	$	5,959		$	6,528
EMEA	2,626			2,486
U.S. Sourcing	7			9
Other	1,644			1,374
Corporate	440			377
Consolidated	$	10,676		$	10,774

Capital Expenditures:
Americas	$	7,132		$	6,875
EMEA	1,561			1,296
U.S. Sourcing	—			—
Other	572			335
Corporate	636			376
Consolidated	$	9,901		$	8,882