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SEGMENT INFORMATION (Tables)
9 Months Ended
Sep. 30, 2016
SEGMENT INFORMATION  
Financial information regarding the Company's reportable segments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended September 30,

 

Nine Months Ended September 30,

 

 

 

2016

 

2015

    

2016

 

2015

 

Total Sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

Beauty + Home

 

$

319,244

 

$

326,967

              

$

984,008

 

$

986,502

   

Pharma

 

 

191,190

 

 

175,427

 

 

565,363

 

 

537,396

 

Food + Beverage

 

 

82,952

 

 

89,724

 

 

257,435

 

 

263,767

 

Total Sales

 

 

593,386

 

 

592,118

 

 

1,806,806

 

 

1,787,665

 

Less: Intersegment Sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

Beauty + Home

 

$

3,214

 

$

5,329

 

$

13,321

 

$

16,326

 

Pharma

 

 

(4)

 

 

 —

 

 

 —

 

 

 —

 

Food + Beverage

 

 

447

 

 

499

 

 

1,419

 

 

963

 

Total Intersegment Sales

 

$

3,657

 

$

5,828

 

$

14,740

 

$

17,289

 

Net Sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

Beauty + Home

 

$

316,030

 

$

321,638

 

$

970,687

 

$

970,176

 

Pharma

 

 

191,194

 

 

175,427

 

 

565,363

 

 

537,396

 

Food + Beverage

 

 

82,505

 

 

89,225

 

 

256,016

 

 

262,804

 

Net Sales

 

$

589,729

 

$

586,290

 

$

1,792,066

 

$

1,770,376

 

Segment Income (1):

 

 

 

 

 

 

 

 

 

 

 

 

 

Beauty + Home

 

$

25,380

 

$

27,961

 

$

79,455

 

$

78,529

 

Pharma

 

 

55,037

 

 

52,941

 

 

166,870

 

 

160,404

 

Food + Beverage

 

 

10,101

 

 

13,236

 

 

32,977

 

 

37,277

 

Corporate & Other

 

 

(7,479)

 

 

(7,575)

 

 

(35,310)

 

 

(22,535)

 

Income before interest and taxes

 

$

83,039

 

$

86,563

 

$

243,992

 

$

253,675

 

Interest expense, net

 

 

(8,038)

 

 

(7,186)

 

 

(24,788)

 

 

(20,848)

 

Income before income taxes

 

$

75,001

 

$

79,377

 

$

219,204

 

$

232,827

 


(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 and income taxes.