Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2022

The following tables present financial information for the Company's reportable segments:


	Year Ended December 31,
(in thousands)		2022		2021		2020
Net sales to unrelated entities:
U.S.		$	2,302,246	$	2,060,300	$	1,603,783
LAAP		473,866		465,499		424,489
EMEA		438,554		382,060		298,907
Canada		249,486		218,543		174,375
		$	3,464,152	$	3,126,402	$	2,501,554
Segment operating income
U.S.		$	519,812	$	536,475	$	250,485
LAAP		47,025		42,025		35,875
EMEA		80,192		65,496		31,235
Canada		52,957		52,731		37,620
Total segment operating income		699,986		696,727		355,215
Unallocated corporate expenses		(306,882)		(246,223)		(218,166)
Interest income, net		2,713		1,380		435
Other non-operating income (expense), net		1,593		(373)		2,039
Income before income tax		$	397,410	$	451,511	$	139,523

Depreciation and amortization expense:
U.S.		$	20,428	$	21,098	$	25,852
LAAP		4,984		5,733		5,756
EMEA		3,066		3,423		3,739
Canada		2,461		2,586		2,825
Unallocated corporate expense		23,813		23,082		25,244
		$	54,752	$	55,922	$	63,416


	December 31,
(in thousands)	2022		2021
Accounts receivable, net:
U.S.	$	280,199	$	265,731
LAAP	87,391		85,696
EMEA	107,626		79,942
Canada	72,345		56,434
	$	547,561	$	487,803
Inventories:
U.S.	$	747,762	$	455,960
LAAP	105,158		77,620
EMEA	98,777		65,263
Canada	76,848		46,536
	$	1,028,545	$	645,379
Property, plant and equipment, net:
U.S.	$	233,382	$	232,610
Canada	25,350		24,898
All other countries	32,482		33,580
	$	291,214	$	291,088