Business Segments

9 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Business Segments

During the third quarter of 2012, the information submitted to the chief operating decision maker was changed. Therefore the Company changed its reportable segments to include the following three management units: Americas, Europe and Asia-Pacific. Americas includes its operations in the United States, Canada, Mexico, Brazil, Latin America and its corporate headquarters. Europe includes its operations in Europe, the Middle East and Africa. Asia-Pacific includes its operations in the Asia-Pacific region including China and SN. Certain amounts are allocated to these geographic management units and are included in the segment results presented below, including product development costs, corporate headquarters expenses and information technology infrastructure costs. These allocations among geographic management units are determined by the Company's corporate headquarters and not directly incurred by the geographic operations. In addition, other costs are incurred directly by these geographic management units based upon the location of the manufacturing plant or sales units, including manufacturing variances, product liability, warranty and sales discounts, which may not be associated with the geographic management unit of the ultimate end user sales location where revenues and margins are reported. Therefore, the reported results of each segment cannot be considered stand-alone entities as all segments are inter-related and integrate into a single global business. Historical results have been revised to reflect this change in reportable segments.

Financial information for each reportable segment is presented in the following table.

	THREE MONTHS ENDED				NINE MONTHS ENDED
	SEPTEMBER 30				SEPTEMBER 30
	2012		2011		2012		2011
Revenues from external customers
Americas	$	379.2	$	390.6	$	1,153.1	$	1,151.3
Europe	148.6		180.3		501.6		549.2
Asia-Pacific	57.8		57.9		162.4		162.9
	$	585.6	$	628.8	$	1,817.1	$	1,863.4
Operating profit
Americas	$	20.4	$	16.9	$	53.4	$	64.9
Europe	6.6		6.2		25.7		15.4
Asia-Pacific	1.3		1.0		3.6		1.7
	$	28.3	$	24.1	$	82.7	$	82.0
Net income attributable to stockholders
Americas	$	17.0	$	9.3	$	36.9	$	41.9
Europe	6.3		5.9		24.3		14.4
Asia-Pacific	1.6		2.3		4.4		2.7
	$	24.9	$	17.5	$	65.6	$	59.0