Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Summarized Financial Information of Reportable Segments

The following is a summary of the financial information of our reportable segments as of and for the years ended December 31, 2019, 2018 and 2017 reconciled to the amounts reported in the consolidated financial statements.

					Subtotal—Reportable Segments		Eliminations and All Other			Consolidated Total
	FPD		FCD
	(Amounts in thousands)
Year Ended December 31, 2019:
Sales to external customers		$2,704,445	$	1,240,405	$	3,944,850	$	—		$	3,944,850
Intersegment sales	1,833		3,631		5,464		(5,464		)	—
Segment operating income (loss)	343,514		197,972		541,486		(135,446		)	406,040
Depreciation and amortization	50,845		23,577		74,422		30,059			104,481
Identifiable assets	2,974,161		1,333,926		4,308,087		611,555			4,919,642
Capital expenditures	26,450		14,449		40,899		25,271			66,170

					Subtotal—Reportable Segments		Eliminations and All Other			Consolidated Total
	FPD		FCD
	(Amounts in thousands)
Year Ended December 31, 2018:
Sales to external customers		$2,620,488	$	1,212,178	$	3,832,666	$	—		$	3,832,666
Intersegment sales	2,816		3,637		6,453		(6,453		)	—
Segment operating income (loss)	200,981		201,216		402,197		(154,659		)	247,538
Depreciation and amortization	68,148		26,585		94,733		17,740			112,473
Identifiable assets	2,768,879		1,268,717		4,037,596		578,681			4,616,277
Capital expenditures	40,648		14,458		55,106		28,887			83,993

					Subtotal—Reportable Segments		Eliminations and All Other			Consolidated Total
	FPD		FCD
	(Amounts in thousands)
Year Ended December 31, 2017:
Sales to external customers	$	2,477,738	$	1,183,093	$	3,660,831	$	—		$	3,660,831
Intersegment sales	970		5,018		5,988		(5,988		)	—
Segment operating income (loss)	112,287		323,682		435,969		(94,834		)	341,135
Depreciation and amortization	77,524		27,278		104,802		13,652			118,454
Identifiable assets	2,981,822		1,317,944		4,299,766		610,708			4,910,474
Capital expenditures	28,158		16,626		44,784		16,818			61,602

Schedule of Sales and Long-lived Assets by Geographic Area

Sales and long-lived assets by geographic area are as follows:

	Year Ended December 31, 2019
	Sales		Percentage		Long-Lived Assets(a)		Percentage
	(Amounts in thousands, except percentages)
United States	$	1,637,736	41.5	%	$	464,216	47.1	%
EMA(1)	1,397,308		35.4	%	312,668		31.7	%
Asia(2)	551,759		14.0	%	143,848		14.6	%
Other(3)	358,047		9.1	%	64,846		6.6	%
Consolidated total	$	3,944,850	100.0	%	$	985,578	100.0	%

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(a) Includes ROU assets recorded under operating and finance leases based on our adoption of the New Lease Standard discussed in Note 4.

	Year Ended December 31, 2018
	Sales		Percentage		Long-Lived Assets		Percentage
	(Amounts in thousands, except percentages)
United States	$	1,525,930	39.8	%	$	323,883	40.5	%
EMA(1)	1,424,498		37.2	%	280,549		35.1	%
Asia(2)	539,898		14.1	%	132,667		16.6	%
Other(3)	342,340		8.9	%	63,161		7.8	%
Consolidated total	$	3,832,666	100.0	%	$	800,260	100.0	%

	Year Ended December 31, 2017
	Sales		Percentage		Long-Lived Assets		Percentage
	(Amounts in thousands, except percentages)
United States	$	1,460,899	40.0	%	$	333,126	38.2	%
EMA(1)	1,434,506		39.2	%	321,256		36.9	%
Asia(2)	471,054		12.9	%	148,757		17.1	%
Other(3)	294,372		7.9	%	68,379		7.8	%
Consolidated total	$	3,660,831	100.0	%	$	871,518	100.0	%

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(1) "EMA" includes Europe, the Middle East and Africa. In 2019, 2018 and 2017, Germany accounted for approximately 6%, 7% and 10%, respectively, of consolidated long-lived assets. No other individual country within this group represents 10% or more of consolidated totals for any period presented.

(2) "Asia" includes Asia and Australia. No individual country within this group represents 10% or more of consolidated totals for any period presented.

(3)

"Other" includes Canada and Latin America. No individual country within this group represents 10% or more of consolidated totals for any period presented.