Note 20 - Segment Reporting

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

20. Segment Reporting

We are organized into four operating segments: North America; Latin America; Europe, Middle East, Africa; and Asia Pacific. We combine our North America and Latin America operating segments into the "Americas" for reporting net sales by geographic area. In accordance with the objective and basic principles of the applicable accounting guidance, we aggregate our operating segments into one reportable segment that consists of the design, manufacture and sale of products used primarily in the maintenance of nonresidential surfaces.

The following table presents Net Sales by geographic area for the three years ended December 31:

	2020		2019		2018
Net Sales:
United States	$	546.2	$	609.6	$	579.8
Other Americas		84.8		112.8		111.2
Americas		631.0		722.4		691.0
Europe, Middle East, Africa		278.2		307.6		335.6
Asia Pacific		91.8		107.6		96.9
Total	$	1,001.0	$	1,137.6	$	1,123.5

Accounting policies of the operations in various operating segments are the same as those described in Note 1. Net Sales are attributed to each operating segment based on the end user country and are net of intercompany sales. Apart from the United States shown in the table above, there were no individual foreign locations which had Net Sales which represented more than 10% of our consolidated Net Sales. No single customer represents more than 10% of our consolidated Net Sales.

The following table presents long-lived assets by geographic area as of December 31:

	2020		2019		2018
Long-lived assets:
United States	$	121.9	$	114.5	$	107.3
Other Americas		14.7		12.8		11.3
Americas		136.6		127.3		118.6
Italy		321.5		325.2		355.5
Other Europe, Middle East, Africa		34.0		28.6		30.2
Europe, Middle East, Africa		355.5		353.8		385.7
Asia Pacific		37.5		36.6		4.1
Total	$	529.6	$	517.7	$	508.4

Long-lived assets consist of Property, Plant and Equipment, Goodwill, Intangible Assets and certain other assets. Apart from the United States and Italy shown in the table above, there are no other individual foreign locations which have long-lived assets which represent more than 10% of our consolidated long-lived assets.