Segment Information

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company conducts its operations through four geographic operating and reportable segments — North America, Europe, Latin America, and Africa/Asia Pacific. The Company’s operating and reportable segments align with the structure of the Company’s internal management organization. All four segments engage in the development, design, manufacturing, marketing and distribution of copper, aluminum, and fiber optic communication, construction, electric utility and electrical infrastructure wire and cable products. In addition to the above products, the North America and Latin America segments manufacture and distribute rod mill wire and cable products.

Net revenues as shown below represent sales to external customers for each segment. Intersegment sales have been eliminated. In the three months ended March 31, 2017 and April 1, 2016, intersegment sales were $5.5 million and $14.6 million in North America, $1.1 million and $3.3 million in Europe and $9.9 million and $3.6 million in Latin America, respectively.

The chief operating decision maker evaluates segment performance and allocates resources based on segment operating income. Summarized financial information for the Company’s reportable segments for the three fiscal months ended March 31, 2017 and April 1, 2016 is as follows:

	Three Fiscal Months Ended
(in millions)	March 31, 2017			April 1, 2016
Net Sales:
North America	$	543.0		$	538.2
Europe	181.0			221.9
Latin America	157.9			155.0
Africa/Asia Pacific	36.3			87.6
Total	$	918.2		$	1,002.7
Segment Operating Income (Loss):
North America	$	25.8		$	17.7
Europe	(3.6		)	7.7
Latin America	4.6			(3.7		)
Africa/Asia Pacific	(3.0		)	(1.2		)
Total	$	23.8		$	20.5

(in millions)	March 31, 2017		December 31, 2016
Total Assets:
North America	$	1,015.8	$	950.2
Europe	639.7		624.1
Latin America	472.0		466.4
Africa/Asia Pacific	166.3		200.9
Total	$	2,293.8	$	2,241.6