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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2019
SEGMENT INFORMATION  
Financial information regarding the Company's reportable segments

 

 

 

 

 

 

 

 

Three Months Ended March 31,

    

2019

 

2018

 

Total Sales:

 

 

 

 

 

 

 

Beauty + Home

 

$

373,503

 

$

383,463

   

Pharma

 

 

274,494

 

 

230,132

 

Food + Beverage

 

 

104,727

 

 

95,645

 

Total Sales

 

$

752,724

 

$

709,240

 

Less: Intersegment Sales:

 

 

 

 

 

 

 

Beauty + Home

 

$

5,844

 

$

5,290

 

Pharma

 

 

1,793

 

 

 5

 

Food + Beverage

 

 

627

 

 

595

 

Total Intersegment Sales

 

$

8,264

 

$

5,890

 

Net Sales:

 

 

 

 

 

 

 

Beauty + Home

 

$

367,659

 

$

378,173

 

Pharma

 

 

272,701

 

 

230,127

 

Food + Beverage

 

 

104,100

 

 

95,050

 

Net Sales

 

$

744,460

 

$

703,350

 

Adjusted EBITDA:

 

 

 

 

 

 

 

Beauty + Home

 

$

53,191

 

$

53,135

 

Pharma

 

 

97,357

 

 

79,840

 

Food + Beverage

 

 

16,691

 

 

12,739

 

Corporate & Other, unallocated

 

 

(12,755)

 

 

(11,579)

 

Restructuring Initiatives (1)

 

 

(9,530)

 

 

(5,936)

 

Depreciation and amortization

 

 

(47,489)

 

 

(41,175)

 

Interest Expense

 

 

(9,214)

 

 

(8,055)

 

Interest Income

 

 

1,748

 

 

2,248

 

Income before Income Taxes

 

$

89,999

 

$

81,217

 


(1)

Restructuring Initiatives includes expense items for the three months ended March 31, 2019 and 2018 as follows (see Note 19 – Restructuring Initiatives for further details):

 

Restructuring Initiatives

 

 

 

 

 

 

 

 

Three Months Ended March 31,

 

2019

    

2018

 

Restructuring Initiatives by Segment

 

 

 

 

 

 

 

Beauty + Home

 

$

8,269

 

$

5,016

 

Pharma

 

 

326

 

 

364

 

Food + Beverage

 

 

510

 

 

315

 

Corporate & Other

 

 

425

 

 

241

 

Total Restructuring Initiatives

 

$

9,530

 

$

5,936