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Business Segments (Tables)
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Segment Financial Information
The following table details segment financial information:
 
 
Twelve Months Ended December 31,
 
 
2019
 
2018
 
2017
Net sales:
 
 
 
 
 
 
Americas Tire
 
 
 
 
 
 
External customers
 
$
2,315,497

 
$
2,330,457

 
$
2,376,808

Intercompany
 
38,229

 
32,189

 
39,970

 
 
2,353,726

 
2,362,646

 
2,416,778

International Tire
 
 
 
 
 
 
External customers
 
437,143

 
477,621

 
477,848

Intercompany
 
96,860

 
163,355

 
141,021

 
 
534,003

 
640,976

 
618,869

Eliminations
 
(135,090
)
 
(195,560
)
 
(180,991
)
Consolidated net sales
 
2,752,639

 
2,808,062

 
2,854,656

Operating profit (loss):
 
 
 
 
 
 
Americas Tire
 
237,753

 
229,500

 
355,059

International Tire
 
(13,390
)
 
(14,044
)
 
15,168

Unallocated corporate charges
 
(49,968
)
 
(51,564
)
 
(59,153
)
Eliminations
 
60

 
1,353

 
(1,827
)
Consolidated operating profit
 
174,455

 
165,245

 
309,247

 
 
 
 
 
 
 
Interest expense
 
(31,189
)
 
(32,181
)
 
(32,048
)
Interest income
 
9,458

 
10,216

 
7,362

Other pension and postretirement benefit expense
 
(41,567
)
 
(27,806
)
 
(37,523
)
Other non-operating expense
 
(1,485
)
 
(1,416
)
 
(3,113
)
Income before income taxes
 
$
109,672

 
$
114,058

 
243,925

Depreciation and amortization expense:
 
 
 
 
 
 
Americas Tire
 
44,551

 
57,265

 
91,324

International Tire
 
31,654

 
34,564

 
33,303

Corporate
 
71,849

 
55,332

 
15,601

Consolidated depreciation and amortization expense
 
148,054

 
147,161

 
140,228

Segment assets:
 
 
 
 
 
 
Americas Tire
 
1,543,779

 
1,513,534

 
1,552,855

International Tire
 
739,076

 
662,226

 
700,690

Corporate and other
 
519,483

 
458,445

 
454,380

Consolidated assets
 
2,802,338

 
2,634,205

 
2,707,925

Expenditures for long-lived assets:
 
 
 
 
 
 
Americas Tire
 
111,819

 
112,444

 
109,175

International Tire
 
62,334

 
71,667

 
89,008

Corporate
 
28,569

 
9,188

 
(997
)
Consolidated expenditures for long-lived assets
 
202,722

 
193,299

 
197,186
Geographic Information for Revenues, Based on Country of Origin, and Long-Lived Assets
Geographic information for long-lived assets follows:
 
 
As of December 31,
 
 
2019
 
2018
 
2017
Net sales
 
 
 
 
 
 
United States
 
$
2,175,599

 
$
2,196,424

 
$
2,240,882

Rest of world
 
577,040

 
611,638

 
613,774

Consolidated net sales
 
2,752,639

 
2,808,062

 
2,854,656

Long-lived assets (a)
 
 
 
 
 
 
United States
 
683,769

 
595,768

 
568,215

PRC
 
239,889

 
232,339

 
218,044

Rest of world
 
204,336

 
173,814

 
180,488

Consolidated long-lived assets
 
1,127,994

 
1,001,921

 
966,747

(a) - Beginning in 2019, the company includes Right of Use Assets in the Long-lived assets for each segment.
Net Sales and Percentage of Consolidated Net Sales Net sales and percentage of consolidated Company sales for these customers in 2019, 2018 and 2017 were as follows:
 
 
2019
 
2018
 
2017
Customer
 
Net Sales
 
Consolidated
Net Sales
 
Net Sales
 
Consolidated
Net Sales
 
Net Sales
 
Consolidated
Net Sales
American Tire Distributors, Inc.
 
$
311,559

 
11
%
 
$
310,070

 
11
%
 
$
252,395

 
9
%
TBC/Treadways
 
$
214,138

 
8
%
 
$
231,896

 
8
%
 
$
304,840

 
11
%