SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2014

SEGMENT INFORMATION

Financial information regarding the Company's reportable segments

	Three Months Ended June 30,						Six Months Ended June 30,
	2014			2013			2014			2013
Total Revenue:
Beauty + Home	$	391,215		$	378,828		$	789,755		$	746,011
Pharma	195,690			182,995			390,039			351,888
Food + Beverage	90,192			83,570			180,818			168,903
Total Revenue	677,097			645,393			1,360,612			1,266,802
Less: Intersegment Sales:
Beauty + Home	$	5,989		$	3,844		$	13,293		$	7,555
Pharma	--			64			--			88
Food + Beverage	477			44			637			85
Total Intersegment Sales	$	6,466		$	3,952		$	13,930		$	7,728
Net Sales:
Beauty + Home	$	385,226		$	374,984		$	776,462		$	738,456
Pharma	195,690			182,931			390,039			351,800
Food + Beverage	89,715			83,526			180,181			168,818
Net Sales	$	670,631		$	641,441		$	1,346,682		$	1,259,074
Segment Income (1):
Beauty + Home	$	27,198		$	30,339		$	54,979		$	54,754
Pharma	52,793			50,437			105,275			96,417
Food + Beverage	12,416			11,864			21,496			20,414
Restructuring Initiatives and Related Depreciation	--			(3,067		)	--			(7,593		)
Corporate & Other	(8,502		)	(8,707		)	(20,300		)	(19,492		)
Income before interest and taxes	$	83,905		$	80,866		$	161,450		$	144,500
Interest expense, net	(4,199		)	(4,596		)	(8,064		)	(8,828		)
Income before income taxes	$	79,706		$	76,270		$	153,386		$	135,672

(1) The Company evaluates performance of our business units and allocates resources based upon segment income. Segment income is defined as earnings before net interest expense, certain corporate expenses, restructuring initiatives and income taxes. Restructuring Initiatives and Related Depreciation includes the following income/(expense) items for the three and six months ended June 30, 2014 as follows:

Restructuring Initiatives and Related Depreciation Expense

	Three Months Ended June 30,					Six Months Ended June 30,
	2014		2013			2014		2013
European Operations Optimization (“EOO”) Plan
Depreciation	$	--	$	556		$	--	$	1,015
Employee Severance and Other Costs	--		2,555			--		6,622
Prior Year Initiatives	--		(44		)	--		(44		)
Total Restructuring Initiatives and Related Depreciation Expense	$	--	$	3,067		$	--	$	7,593
Restructuring Initiatives and Related Depreciation Expense by Segment
Beauty + Home	$	--	$	3,090		$	--	$	7,616
Pharma	--		--			--		--
Food + Beverage	--		(23		)	--		(23		)
Total Restructuring Initiatives and Related Depreciation Expense	$	--	$	3,067		$	--	$	7,593