Segment Information (Tables)

3 Months Ended

Mar. 30, 2014

Summary of the Company's significant accounts and balances by segment, reconciled to the consolidated totals

	First Quarter Ended
	March 30, 2014			March 31, 2013
	(in millions)
Net sales
Americas	$	219.1		$	213.0
EMEA	139.1			139.2
Asia-Pacific	7.0			6.7
Consolidated net sales	$	365.2		$	358.9

Operating income (loss)
Americas	$	22.6		$	22.1
EMEA	8.9			10.9
Asia-Pacific	0.9			2.9
Subtotal reportable segments	32.4			35.9

Corporate (*)	(6.6		)	(7.3		)
Consolidated operating income	25.8			28.6

Interest income	0.1			0.1
Interest expense	(4.9		)	(6.0		)
Other income (expense), net	(0.4		)	—
Income from continuing operations before income taxes	$	20.6		$	22.7
Capital expenditures
Americas	$	2.2		$	8.2
EMEA	2.5			2.2
Asia-Pacific	0.3			0.6
Consolidated capital expenditures	$	5.0		$	11.0

Depreciation and amortization
Americas	$	4.9		$	5.0
EMEA	6.6			6.5
Asia-Pacific	0.4			0.7
Consolidated depreciation and amortization	$	11.9		$	12.2

Identifiable assets (at end of period)
Americas	$	767.9		$	810.8
EMEA	875.9			783.7
Asia-Pacific	71.4			91.8
Discontinued operations	—			11.8
Consolidated identifiable assets	$	1,715.2		$	1,698.1

Property, plant and equipment, net (at end of period)
Americas	$	84.5		$	85.2
EMEA	117.7			120.5
Asia-Pacific	13.8			14.8
Consolidated property, plant and equipment, net	$	216.0		$	220.5

* Corporate expenses are primarily for administrative compensation expense, internal controls costs, professional fees, including corporate-related legal and audit expenses, shareholder services and benefit administration costs.

Schedule of U.S. net sales and U.S. property, plant and equipment of the Company's Americas segment

	First Quarter Ended
	March 30, 2014		March 31, 2013
	(in millions)
U.S. net sales	$	201.6	$	192.8
U.S. property, plant and equipment (at end of period)	$	80.0	$	79.9

Schedule of intersegment sales for Americas, EMEA and Asia-Pacific

	First Quarter Ended
	March 30, 2014		March 31, 2013
	(in millions)
Intersegment Sales
Americas	$	1.2	$	1.3
EMEA	3.6		2.7
Asia-Pacific	39.0		41.6
Intersegment sales	$	43.8	$	45.6

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details