Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2018

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



	Net Sales to		Net Sales to									As of June 30,
For the three months ended	External		Other			Total Net			Segment			2018
June 30, 2018	Customers		Segments			Sales			Profit			Goodwill
U.S. Operations	$	251,474	$	23,487		$	274,961		$	42,006		$	409,470
Swiss Operations	32,154		148,959			181,113			47,737			21,787
Western European Operations	173,772		45,141			218,913			27,333			89,412
Chinese Operations	133,272		58,588			191,860			65,884			678
Other (a)	131,324		1,463			132,787			17,642			15,060
Eliminations and Corporate (b)	—		(277,638		)	(277,638		)	(31,316		)	—
Total	$	721,996	$	—		$	721,996		$	169,286		$	536,407



	Net Sales to		Net Sales to
For the six months ended	External		Other			Total Net			Segment
June 30, 2018	Customers		Segments			Sales			Profit
U.S. Operations	$	481,219	$	47,153		$	528,372		$	76,251
Swiss Operations	64,619		292,541			357,160			93,712
Western European Operations	339,144		86,153			425,297			45,615
Chinese Operations	247,202		118,995			366,197			125,437
Other (a)	250,633		3,103			253,736			31,523
Eliminations and Corporate (b)	—		(547,945		)	(547,945		)	(63,706		)
Total	$	1,382,817	$	—		$	1,382,817		$	308,832


(a)	Other includes reporting units in Eastern Europe, Latin America, Southeast 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.



	Net Sales to		Net Sales to									As of June 30,
For the three months ended	External		Other			Total Net			Segment			2017
June 30, 2017	Customers		Segments			Sales			Profit			Goodwill
U.S. Operations	$	238,831	$	23,092		$	261,923		$	45,147		$	357,782
Swiss Operations	32,287		131,347			163,634			37,950			22,544
Western European Operations	151,161		43,883			195,044			24,709			87,388
Chinese Operations	108,092		57,036			165,128			54,127			653
Other (a)	123,285		2,129			125,414			15,181			15,390
Eliminations and Corporate (b)	—		(257,487		)	(257,487		)	(29,708		)	—
Total	$	653,656	$	—		$	653,656		$	147,406		$	483,757



	Net Sales to		Net Sales to
For the six months ended	External		Other			Total Net			Segment
June 30, 2017	Customers		Segments			Sales			Profit
U.S. Operations	$	454,184	$	45,505		$	499,689		$	83,969
Swiss Operations	62,034		258,899			320,933			73,968
Western European Operations	298,484		86,825			385,309			49,427
Chinese Operations	198,873		109,969			308,842			98,787
Other (a)	234,648		3,726			238,374			28,289
Eliminations and Corporate (b)	—		(504,924		)	(504,924		)	(60,501		)
Total	$	1,248,223	$	—		$	1,248,223		$	273,939


(a)	Other includes reporting units in Eastern Europe, Latin America, Southeast 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.

A reconciliation of earnings before taxes to segment profit for the three and six month periods ended June 30 follows: