Segment information (Tables)

9 Months Ended

Sep. 29, 2018

The following table summarizes our net sales by key geographic region:

The following table summarizes our net sales into emerging and developed markets:

Reconciliation of net income from continuing operations to Adjusted EBITDA:



	Three months ended					Nine months ended
(dollars in millions)	September 29, 2018		September 30, 2017			September 29, 2018		September 30, 2017
Net income from continuing operations	$	67.0	$	18.1		$	189.3	$	52.4
Income tax expense	7.2		15.9			30.4		32.9
Income from continuing operations before taxes	74.2		34.0			219.7		85.3
Interest expense	40.2		55.0			139.8		179.0
Other expenses	3.4		10.9			17.5		46.7
Operating income from continuing operations	117.8		99.9			377.0		311.0
Depreciation and amortization	53.7		52.0			163.3		158.2
Transaction-related expenses ⁽¹⁾	0.2		7.2			6.2		11.3
Impairment of intangibles and other assets	0.2		—			0.6		—
Restructuring expense	1.2		2.4			3.2		8.3
Share-based compensation	2.3		1.2			5.5		2.9
Sponsor fees (included in other operating expenses)	1.9		1.5			5.9		4.5
Impact of fair value adjustment on inventory (included in cost of sales)	—		—			0.3		—
Non-recurring inventory adjustments (included in costs of sales)	—		—			0.8		—
Other operating expenses (income)	3.2		(0.1		)	6.6		(0.1		)
Other non-recurring adjustments (included in SG&A)	0.7		—			0.6		—
Adjusted EBITDA	$	181.2	$	164.1		$	570.0	$	496.1


⁽¹⁾	Transaction-related expenses relate primarily to advisory fees recognized in respect of our initial public offering, the acquisition of businesses and other corporate transactions such as debt refinancings.