Segment Information (Tables)

6 Months Ended

Jun. 30, 2016

The following table summarizes financial information regarding each reportable segment’s results of operations for the periods presented.



	Three Months Ended June 30,				Six Months Ended June 30,
(amounts in millions)	2016		2015		2016		2015
Net Sales (from external customers):
Performance Solutions	$	438.0	$	181.5	$	858.0	$	361.8
Agricultural Solutions	483.6		493.6		887.4		848.1
Consolidated net sales	$	921.6	$	675.1	$	1,745.4	$	1,209.9
Adjusted EBITDA:
Performance Solutions	$	97.9	$	54.0	$	180.8	$	102.8
Agricultural Solutions	95.0		113.8		180.5		197.0
Adjusted EBITDA	$	192.9	$	167.8	$	361.3	$	299.8

The following table reconciles Adjusted EBITDA to Net loss attributable to common stockholders:



	Three months ended June 30,						Six months ended June 30,
(amounts in millions)	2016			2015			2016			2015
Net loss attributable to common stockholders	$	(8.8	)	$	(12.2	)	$	(143.6	)	$	(38.9	)
Net income attributable to the non-controlling interests	0.7			3.1			1.2			3.5
Income tax expense (benefit)	26.9			(0.2		)	45.3			24.5
Net income (loss) before income taxes and non-controlling interests	18.8			(9.3		)	(97.1		)	(10.9		)
Adjustments to reconcile to Adjusted EBITDA:
Interest expense, net	97.4			51.1			191.2			90.5
Depreciation expense	18.8			13.7			37.0			22.0
Amortization expense	66.6			52.5			131.0			92.2
Long-term compensation issued in connection with acquisitions	0.1			0.2			0.4			1.7
Restructuring expenses	7.1			12.1			12.2			13.7
Manufacturer's profit in inventory purchase accounting adjustments	(0.3		)	20.6			11.7			56.7
Acquisition and integration costs	5.2			24.1			24.2			55.4
Non-cash change in fair value of contingent consideration	1.3			0.9			4.1			3.6
Legal settlements	(2.8		)	(16.0		)	(2.8		)	(16.0		)
Foreign exchange (gains) losses on foreign denominated external and internal debt	(19.3		)	17.9			46.8			(6.1		)
Other expense (income)	—			—			2.6			(3.0		)
Adjusted EBITDA	$	192.9		$	167.8		$	361.3		$	299.8