XML 50 R40.htm IDEA: XBRL DOCUMENT v3.22.1
Segments (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Information by Reportable Segment

The following table shows information by reportable segment for the three months ended March 31, 2022 and 2021:

 

 

 

Three Months Ended
March 31,

 

 

 

2022

 

 

2021

 

Net Sales

 

 

 

 

 

 

Americas

 

$

215.9

 

 

$

140.1

 

EURAF

 

 

179.2

 

 

 

154.5

 

MEAP

 

 

63.9

 

 

 

59.7

 

Total

 

$

459.0

 

 

$

354.3

 

Segment Operating Income

 

 

 

 

 

 

Americas

 

$

5.8

 

 

$

7.0

 

EURAF

 

 

11.4

 

 

 

6.3

 

MEAP

 

 

13.1

 

 

 

6.8

 

Total

 

$

30.3

 

 

$

20.1

 

Depreciation

 

 

 

 

 

 

Americas

 

$

9.7

 

 

$

3.9

 

EURAF

 

 

5.1

 

 

 

4.9

 

MEAP

 

 

0.6

 

 

 

0.5

 

Corporate

 

 

0.7

 

 

 

0.7

 

Total

 

$

16.1

 

 

$

10.0

 

Capital Expenditures

 

 

 

 

 

 

Americas

 

$

2.6

 

 

$

0.8

 

EURAF

 

 

5.6

 

 

 

6.9

 

MEAP

 

 

0.5

 

 

 

0.2

 

Corporate

 

 

 

 

 

0.1

 

Total

 

$

8.7

 

 

$

8.0

 

Schedule of Reconciliation of the Company's Segment Operating Income

A reconciliation of the Company’s segment operating income to operating income in the Condensed Consolidated Statement of Operations for the three months ended March 31, 2022 and 2021 are summarized as follows:

 

 

 

Three Months Ended
March 31,

 

 

 

2022

 

 

2021

 

Segment operating income

 

$

30.3

 

 

$

20.1

 

Unallocated corporate expenses

 

 

(12.7

)

 

 

(9.4

)

Total operating income

 

$

17.6

 

 

$

10.7

 

Schedule of Net Sales by Geographic Area

Net sales by geographic area for the three months ended March 31, 2022 and 2021 are summarized as follows:

 

 

 

Three Months Ended
March 31,

 

 

 

2022

 

 

2021

 

United States

 

$

192.1

 

 

$

121.3

 

Europe

 

 

174.2

 

 

 

148.2

 

Other

 

 

92.7

 

 

 

84.8

 

Total net sales

 

$

459.0

 

 

$

354.3

 

Schedule of Net Sales By Product

Net sales by product for the three months ended March 31, 2022 and 2021 are summarized as follows:

 

 

 

Three Months Ended
March 31,

 

 

 

2022

 

 

2021

 

New machine sales

 

$

329.6

 

 

$

245.9

 

Non-new machine sales

 

 

129.4

 

 

 

108.4

 

Total net sales

 

$

459.0

 

 

$

354.3