Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Reportable business segment information was as follows:


	Metal Containers		Closures		Plastic Containers		Corporate		Total
	(Dollars in thousands)
Three Months Ended June 30, 2020
Net sales	$	597,191	$	410,468	$	168,811	$	—	$	1,176,470
Depreciation and amortization⁽¹⁾	20,545		22,026		9,352		42		51,965
Rationalization charges	1,153		700		89		—		1,942
Segment income	71,782		58,581		22,987		(22,116)		131,234

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

Six Months Ended June 30, 2020
Net sales	$	1,105,709	$	767,619	$	333,526	$	—	$	2,206,854
Depreciation and amortization⁽¹⁾	41,026		42,150		18,840		79		102,095
Rationalization charges	3,116		1,442		183		—		4,741
Segment income	119,261		103,810		45,032		(34,728)		233,375

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

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⁽¹⁾Depreciation and amortization excludes amortization of debt discount and debt issuance costs of $1.1 million and $2.1 million for the three and six months ended June 30, 2020, respectively, and debt issuance costs of $0.9 million and $1.8 million for the three and six months ended June 30, 2019, 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, 2020		June 30, 2019		June 30, 2020		June 30, 2019
	(Dollars in thousands)
Total segment income	$	131,234	$	68,599	$	233,375	$	155,341
Interest and other debt expense	25,837		28,401		50,807		55,505
Income before income taxes	$	105,397	$	40,198	$	182,568	$	99,836