Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Operations of the Company's operating segments

The following tables show the operations of the Company’s operating segments:

	Net Sales to		Net Sales to
For the three months ended	External		Other			Total Net			Segment
March 31, 2015	Customers		Segments			Sales			Profit			Goodwill
U.S. Operations	$	178,220	$	18,292		$	196,512		$	24,226		$	308,863
Swiss Operations	31,224		99,783			131,007			36,570			22,507
Western European Operations	142,076		27,361			169,437			20,341			92,430
Chinese Operations	86,449		43,505			129,954			33,236			744
Other (a)	97,732		1,357			99,089			8,982			13,160
Eliminations and Corporate (b)	—		(190,298		)	(190,298		)	(26,049		)	—
Total	$	535,701	$	—		$	535,701		$	97,306		$	437,704

	Net Sales to		Net Sales to
For the three months ended	External		Other			Total Net			Segment
March 31, 2014	Customers		Segments			Sales			Profit (c)			Goodwill
U.S. Operations	$	163,994	$	20,775		$	184,769		$	21,637		$	307,933
Swiss Operations	33,006		108,225			141,231			32,228			24,420
Western European Operations	160,567		29,438			190,005			20,876			109,056
Chinese Operations	91,621		35,544			127,165			31,796			738
Other (a)	101,433		1,135			102,568			9,159			14,795
Eliminations and Corporate (b)	—		(195,117		)	(195,117		)	(24,743		)	—
Total	$	550,621	$	—		$	550,621		$	90,953		$	456,942

(a) Other includes reporting units in Eastern Europe, Latin America, East Asia and other countries.

(b) Eliminations and Corporate includes the elimination of inter-segment transactions and certain corporate expenses and intercompany investments, which are not included in the Company’s operating segments.

Reconciliation of earnings before taxes to segment profit

A reconciliation of earnings before taxes to segment profit for the three months ended March 31 follows:

	Three Months Ended
	March 31, 2015			March 31, 2014
Earnings before taxes	$	82,963		$	76,384
Amortization	7,528			7,094
Interest expense	6,725			5,666
Restructuring charges	907			1,492
Other charges (income), net	(817		)	317
Segment profit	$	97,306		$	90,953