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Business Segment Information (Tables)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Reportable Business Segment Information

Reportable business segment information was as follows:

 
Metal
Containers
 
Closures
 
Plastic
Containers
 
Corporate
 
Total
 
(Dollars in thousands)
Three Months Ended June 30, 2019
 
 
 
 
 
 
 
 
 
Net sales
$
575,618

 
$
363,344

 
$
154,201

 
$

 
$
1,093,163

Depreciation and amortization(1)
21,437

 
21,145

 
9,336

 
39

 
51,957

Rationalization charges
39,023

 
248

 
46

 

 
39,317

Segment income
14,029

 
46,857

 
13,410

 
(5,697
)
 
68,599

 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2018
 

 
 

 
 

 
 

 
 

Net sales
$
524,863

 
$
378,762

 
$
155,478

 
$

 
$
1,059,103

Depreciation and amortization(1)
20,423

 
18,758

 
8,854

 
43

 
48,078

Rationalization charges
258

 

 
234

 

 
492

Segment income
48,248

 
47,702

 
13,160

 
(4,993
)
 
104,117

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2019
 
 
 
 
 
 
 
 
 
Net sales
$
1,082,680

 
$
719,543

 
$
318,071

 
$

 
$
2,120,294

Depreciation and amortization(1)
42,543

 
41,498

 
18,153

 
80

 
102,274

Rationalization charges
39,245

 
5,908

 
247

 

 
45,400

Segment income
52,926

 
87,113

 
25,476

 
(10,174
)
 
155,341

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2018
 

 
 

 
 

 
 

 
 

Net sales
$
1,010,818

 
$
749,108

 
$
311,459

 
$

 
$
2,071,385

Depreciation and amortization(1)
40,676

 
37,408

 
17,804

 
64

 
95,952

Rationalization charges
740

 
39

 
416

 

 
1,195

Segment income
85,341

 
95,927

 
24,242

 
(9,209
)
 
196,301


_____________

(1) 
Depreciation and amortization excludes amortization of debt issuance costs of $0.9 million for each of the three months ended June 30, 2019 and 2018 and $1.8 million and $2.0 million for the six months ended June 30, 2019 and 2018, respectively.


Reconciliation of Segment Income from Operations to Income before Income Taxes
Total segment income is reconciled to income before income taxes as follows:
 
Three Months Ended
 
Six Months Ended
 
June 30,
2019
 
June 30,
2018
 
June 30,
2019
 
June 30,
2018
 
(Dollars in thousands)
Total segment income
$
68,599

 
$
104,117

 
$
155,341

 
$
196,301

Interest and other debt expense
28,401

 
32,415

 
55,505

 
62,894

Income before income taxes
$
40,198

 
$
71,702

 
$
99,836

 
$
133,407