SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, By Segment

The following table summarizes financial information regarding each reportable segment’s results of operations, including disaggregated external net sales by product category:

	Three Months Ended March 31,
(dollars in millions)	2022		2021
Net sales:
Electronics
Assembly Solutions	$	234.5	$	189.0
Circuitry Solutions	120.5		108.3
Semiconductor Solutions	71.9		56.2
Total Electronics	426.9		353.5
Industrial & Specialty
Industrial Solutions	203.1		146.3
Graphics Solutions	34.3		34.7
Energy Solutions	15.9		15.6
Total Industrial & Specialty	253.3		196.6
Total net sales	$	680.2	$	550.1
Adjusted EBITDA:
Electronics	$	97.3	$	92.4
Industrial & Specialty	47.5		45.4
Total Adjusted EBITDA	$	144.8	$	137.8

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

	Three Months Ended March 31,
(dollars in millions)	2022		2021
Net income attributable to common stockholders	$	56.1	$	82.3
Add (subtract):
Net income attributable to non-controlling interests	0.3		—
Income tax expense	20.0		31.1
Interest expense, net	14.1		12.9
Depreciation expense	10.6		9.4
Amortization expense	31.0		29.7
EBITDA	132.1		165.4
Adjustments to reconcile to Adjusted EBITDA:
Inventory step-up	0.5		—
Restructuring expense	1.9		2.3
Acquisition and integration expense (income)	2.9		(2.7)
Foreign exchange loss (gain) on internal debt	1.6		(28.0)
Adjustment of stock compensation previously not probable	1.3		—
Unrealized loss (gain) on metals derivative contracts	1.8		(0.1)
Other, net	2.7		0.9
Adjusted EBITDA	$	144.8	$	137.8