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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2016
SEGMENT INFORMATION  
Financial information regarding the Company's reportable segments

 

 

 

 

 

 

 

 

 

 

Three Months Ended March 31,

    

2016

 

2015

 

 

 

 

 

 

 

 

 

Total Sales:

 

 

 

 

 

 

 

Beauty + Home

 

$

318,870

 

$

334,794

 

Pharma

 

 

183,135

 

 

178,669

 

Food + Beverage

 

 

85,396

 

 

81,920

 

Total Sales

 

 

587,401

 

 

595,383

 

Less: Intersegment Sales:

 

 

 

 

 

 

 

Beauty + Home

 

$

4,534

 

$

5,380

 

Pharma

 

 

 —

 

 

 —

 

Food + Beverage

 

 

529

 

 

192

 

Total Intersegment Sales

 

$

5,063

 

$

5,572

 

Net Sales:

 

 

 

 

 

 

 

Beauty + Home

 

$

314,336

 

$

329,414

 

Pharma

 

 

183,135

 

 

178,669

 

Food + Beverage

 

 

84,867

 

 

81,728

 

Net Sales

 

$

582,338

 

$

589,811

 

Segment Income:

 

 

 

 

 

 

 

Beauty + Home

 

$

23,528

 

$

23,375

 

Pharma

 

 

53,236

 

 

52,001

 

Food + Beverage

 

 

9,283

 

 

9,050

 

Corporate & Other

 

 

(18,195)

 

 

(11,159)

 

Income before interest and taxes

 

$

67,852

 

$

73,267

 

Interest expense, net

 

 

(8,007)

 

 

(5,572)

 

Income before income taxes

 

$

59,845

 

$

67,695

 


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 and income taxes