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Business Segments (Tables)
9 Months Ended
Sep. 30, 2019
Segment Reporting Measurement Disclosures [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]

 

 

Three Months Ended

 

Nine Months Ended

 

 

September 30,

 

September 30,

 

 

2019

 

2018

 

2019

 

2018

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

Americas

$

116,710

 

$

77,374

 

$

260,682

 

$

225,115

 

EMEA

 

82,468

 

 

51,346

 

 

184,280

 

 

164,753

 

Asia/Pacific

 

74,266

 

 

49,928

 

 

165,234

 

 

143,388

 

Global Specialty Businesses

 

51,686

 

 

43,374

 

 

132,013

 

 

122,783

Total net sales

$

325,130

 

$

222,022

 

$

742,209

 

$

656,039

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment operating earnings

 

 

 

 

 

 

 

 

 

 

 

 

Americas

$

23,880

 

$

16,998

 

$

52,235

 

$

47,877

 

EMEA

 

13,370

 

 

8,592

 

 

31,232

 

 

28,102

 

Asia/Pacific

 

20,404

 

 

14,012

 

 

45,375

 

 

39,631

 

Global Specialty Businesses

 

14,983

 

 

12,215

 

 

36,100

 

 

33,224

Total segment operating earnings

 

72,637

 

 

51,817

 

 

164,942

 

 

148,834

Combination and other acquisition-related expenses

 

(14,702)

 

 

(2,904)

 

 

(23,789)

 

 

(12,404)

Restructuring and related activities

 

(24,045)

 

 

 

 

(24,045)

 

 

Fair value step up of Houghton inventory sold

 

(10,214)

 

 

 

 

(10,214)

 

 

Non-operating and administrative expenses

 

(29,123)

 

 

(22,064)

 

 

(68,266)

 

 

(63,044)

Depreciation of corporate assets and amortization

 

(9,055)

 

 

(1,930)

 

 

(12,770)

 

 

(5,673)

Operating (loss) income

 

(14,502)

 

 

24,919

 

 

25,858

 

 

67,713

Other income (expense), net

 

203

 

 

(523)

 

 

(389)

 

 

(631)

Interest expense, net

 

(6,102)

 

 

(989)

 

 

(7,611)

 

 

(3,223)

(Loss) income before taxes and equity in net income of

 

 

 

 

 

 

 

 

 

 

 

 

associated companies

$

(20,401)

 

$

23,407

 

$

17,858

 

$

63,859