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Segments
 9 Months Ended
Sep. 30, 2015
Segment Reporting [Abstract]  
Segments
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 primarily worldwide sales of manufactured and sourced glass tableware having an end market destination in North and South America.

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

U.S. Sourcing—includes primarily 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 September 30,
 
Nine months ended September 30,
(dollars in thousands)
2015
 
2014
 
2015
 
2014
Net Sales:
 
 
 
 
 
 
 
Americas
$
139,477

 
$
149,366

 
$
417,340

 
$
425,741

EMEA
30,572

 
37,684

 
91,207

 
111,413

U.S. Sourcing
23,495

 
20,574

 
67,452

 
59,704

Other
8,240

 
8,333

 
27,201

 
24,216

Consolidated
$
201,784

 
$
215,957

 
$
603,200

 
$
621,074

 
 
 
 
 
 
 
 
Segment EBIT:
 
 
 
 
 
 
 
Americas
$
23,908

 
$
25,489

 
$
68,788

 
$
73,464

EMEA
254

 
909

 
1,274

 
3,072

U.S. Sourcing
3,214

 
2,206

 
6,600

 
5,375

Other
905

 
721

 
3,851

 
2,035

Total Segment EBIT
$
28,281

 
$
29,325

 
$
80,513

 
$
83,946

 
 
 
 
 
 
 
 
Reconciliation of Segment EBIT to Net Income (Loss):
 
 
 
 
 
 
 
Segment EBIT
$
28,281

 
$
29,325

 
$
80,513

 
$
83,946

Retained corporate costs
(7,969
)
 
(7,243
)
 
(26,626
)
 
(22,065
)
Loss on redemption of debt (note 4)
—

 
—

 
—

 
(47,191
)
Furnace malfunction (note 14)
—

 
—

 
—

 
(5,882
)
Environmental Obligation (note 14)
100

 
—

 
(123
)
 
—

Reorganization charges (1)
(1,176
)
 
—

 
(4,191
)
 
—

Restructuring charges (note 5)
—

 
—

 
—

 
(985
)
Derivatives (2)
(42
)
 
—

 
125

 
70

Executive retirement
—

 
—

 
(235
)
 
—

Interest expense
(4,701
)
 
(4,797
)
 
(13,762
)
 
(17,984
)
Income taxes
2,226

 
(3,527
)
 
(1,476
)
 
(4,703
)
Net income (loss)
$
16,719

 
$
13,758

 
$
34,225

 
$
(14,794
)
 
 
 
 
 
 
 
 
Depreciation & Amortization:
 
 
 
 
 
 
 
Americas
$
6,666

 
$
5,153

 
$
19,148

 
$
16,963

EMEA
2,131

 
2,624

 
6,445

 
7,988

U.S. Sourcing
6

 
6

 
18

 
20

Other
1,462

 
1,444

 
4,434

 
4,716

Corporate
368

 
342

 
1,241

 
1,150

Consolidated
$
10,633

 
$
9,569

 
$
31,286

 
$
30,837

 
 
 
 
 
 
 
 
Capital Expenditures:
 
 
 
 
 
 
 
Americas
$
5,826

 
$
15,196

 
$
34,604

 
$
31,991

EMEA
1,726

 
1,070

 
4,501

 
4,348

U.S. Sourcing
—

 
—

 
—

 
—

Other
451

 
359

 
991

 
1,251

Corporate
241

 
68

 
1,384

 
938

Consolidated
$
8,244

 
$
16,693

 
$
41,480

 
$
38,528



(1) Management reorganization to support our growth strategy.
(2) Derivatives relate to hedge ineffectiveness on our natural gas contracts and interest rate swap, as well as, mark-to-market adjustments on our natural gas contracts that have been de-designated and those for which we did not elect hedge accounting.