SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2017

Financial information regarding the Company's reportable segments


Years Ended December 31,	2017		2016		2015
Total Sales:
Beauty + Home	$	1,333,048	$	1,278,151	$	1,291,545
Pharma		805,913		741,473		712,220
Food + Beverage		352,483		330,231		335,365
Total Sales	$	2,491,444	$	2,349,855	$	2,339,130
Less: Intersegment Sales:
Beauty + Home	$	19,262	$	17,065	$	18,599
Pharma		33		—		—
Food + Beverage		2,866		1,856		3,382
Total Intersegment Sales	$	22,161	$	18,921	$	21,981
Net Sales:
Beauty + Home	$	1,313,786	$	1,261,086	$	1,272,946
Pharma		805,880		741,473		712,220
Food + Beverage		349,617		328,375		331,983
Net Sales	$	2,469,283	$	2,330,934	$	2,317,149
Segment Income:
Beauty + Home	$	93,805	$	100,569	$	98,707
Pharma		234,790		219,039		210,509
Food + Beverage		38,183		37,697		42,731
Restructuring Initiatives (2)		(2,208)		—		—
Corporate & Other		(34,618)		(44,214)		(28,357)
Interest Expense		(40,597)		(35,237)		(34,615)
Interest Income		5,470		2,643		5,596
Income before Income Taxes	$	294,825	$	280,497	$	294,571
Depreciation and Amortization:
Beauty + Home	$	79,422	$	84,273	$	75,289
Pharma		41,143		39,776		36,008
Food + Beverage		24,720		23,891		21,347
Corporate & Other		7,809		6,862		6,249
Depreciation and Amortization	$	153,094	$	154,802	$	138,893
Capital Expenditures:
Beauty + Home	$	76,425	$	75,165	$	61,156
Pharma		33,005		58,970		48,133
Food + Beverage		38,730		21,533		25,337
Corporate & Other		18,924		17,490		23,149
Transfer of Corporate Technology Expenditures (1)		(10,460)		(44,172)		(8,452)
Capital Expenditures	$	156,624	$	128,986	$	149,323
Total Assets:
Beauty + Home	$	1,358,283	$	1,270,858	$	1,086,482
Pharma		881,443		831,569		591,500
Food + Beverage		296,271		259,282		250,369
Corporate & Other		601,826		245,076		508,694
Total Assets	$	3,137,823	$	2,606,785	$	2,437,045

(1)

The transfer of corporate technology expenditures represents amounts of projects managed by corporate for the benefit of specific entities within each segment. Once the projects are complete, all related costs are allocated from corporate to and paid by the appropriate entity and the associated assets are then depreciated at the entity level.

(2)

Restructuring Initiatives includes the following income/(expense) items for the twelve months ended December 31, 2017 as follows:


Year Ended December 31,	2017
Business Transformation Plan
Employee Severance and Other Costs		2,208
Total Restructuring Initiatives	$	2,208
Restructuring Initiatives by Segment
Beauty + Home	$	529
Food + Beverage		1,679
Total Restructuring Initiatives	$	2,208

Schedule of net sales and long-lived asset information by geographic area and product information


	2017		2016		2015
Net Sales to Unaffiliated Customers (1):
United States	$	642,164	$	619,814	$	633,522
Europe:
France		744,856		695,727		712,470
Germany		416,802		386,553		326,782
Italy		131,523		126,890		125,511
Other Europe		132,992		120,228		122,546
Total Europe		1,426,173		1,329,398		1,287,309
Other Foreign Countries		400,946		381,722		396,318
Total	$	2,469,283	$	2,330,934	$	2,317,149
Property, Plant and Equipment
United States	$	182,434	$	175,578	$	175,367
Europe:
France		266,804		228,082		216,966
Germany		163,948		154,588		125,186
Italy		57,080		51,732		43,631
Other Europe		59,963		54,575		54,483
Total Europe		547,795		488,977		440,266
Other Foreign Countries		137,677		119,766		149,750
Total	$	867,906	$	784,321	$	765,383
Product Net Sales Information:
Pumps	$	1,123,184	$	1,028,720	$	991,583
Closures		547,204		525,421		558,212
Valves		326,819		288,563		306,367
Injectables		149,391		150,785		130,503
Other		322,685		337,445		330,484
Total	$	2,469,283	$	2,330,934	$	2,317,149

(1)

Sales are attributed to countries based upon where the sales invoice to unaffiliated customers is generated.