Business Segment Information (Tables)

6 Months Ended

Jul. 01, 2012

The following tables present the Company’s segment results for the three and six months ended July 1, 2012 and June 26, 2011:


	Three Months Ended July 1, 2012
Segment Results	North America		EMEA		AJLA		OEM		Totals
	(Dollars in thousands)
Segment net revenues from external customers	$	160,357	$	126,898	$	60,097	$	35,980	$	383,332
Segment depreciation and amortization		14,963		5,346		1,411		1,059		22,779
Segment operating profit⁽¹⁾		21,463		19,921		15,060		8,267		64,711
Segment expenditures for property, plant and equipment		7,602		3,677		231		3,292		14,802
Intersegment revenues		35,738		17,533		138		150

	Three Months Ended June 26, 2011
Segment Results	North America		EMEA		AJLA		OEM		Totals
	(Dollars in thousands)
Segment net revenues from external customers	$	156,516	$	137,761	$	54,693	$	32,198	$	381,168
Segment depreciation and amortization		15,968		6,034		1,444		957		24,403
Segment operating profit⁽¹⁾		17,329		18,268		17,286		6,175		59,058
Segment expenditures for property, plant and equipment		5,119		2,570		338		1,175		9,202
Intersegment revenues		39,783		17,452		82		104

	Six Months Ended July 1, 2012
Segment Results	North America		EMEA		AJLA		OEM		Totals
	(Dollars in thousands)
Segment net revenues from external customers	$	327,665	$	261,498	$	107,085	$	67,651	$	763,899
Segment depreciation and amortization		29,813		10,847		2,824		1,964		45,448
Segment operating profit⁽¹⁾		44,066		41,388		26,215		13,467		125,136
Segment assets		1,788,813		746,878		252,534		37,681		2,825,906
Segment expenditures for property, plant and equipment		11,441		6,372		238		6,493		24,544
Intersegment revenues		75,302		35,099		386		288

	Six Months Ended June 26, 2011
Segment Results	North America		EMEA		AJLA		OEM		Totals
	(Dollars in thousands)
Segment net revenues from external customers	$	309,240	$	263,211	$	96,726	$	57,572	$	726,749
Segment depreciation and amortization		31,924		11,660		2,925		1,834		48,343
Segment operating profit⁽¹⁾		37,458		35,060		27,033		8,813		108,364
Segment assets		2,035,206		854,504		248,330		83,240		3,221,280
Segment expenditures for property, plant and equipment		8,540		3,984		387		2,067		14,978
Intersegment revenues		74,008		31,511		165		233

(1)

Segment operating profit includes a segment’s net revenues from external customers reduced by its cost of goods sold, selling, general and administrative expenses, and an allocation of corporate expenses. Segment operating profit excludes goodwill impairment charges, restructuring and impairment charges, gain on sales of business and assets, interest income and expense, loss on extinguishment of debt and taxes on income.

Schedule Of Reconciliation Of Segment Operating Profit To Income From Continuing Operations Before Interest

The following tables present reconciliations of segment results to the Company’s condensed consolidated results for the three and six months ended July 1, 2012 and June 26, 2011:


	Three Months Ended						Six Months Ended
	July 1, 2012			June 26, 2011			July 1, 2012			June 26, 2011
	(Dollars in thousands)
Reconciliation of Segment Operating Profit to Income from Continuing Operations Before Interest, Loss on Extinguishments of Debt and Taxes
Segment operating profit	$	64,711		$	59,058		$	125,136		$	108,364
Goodwill impairment		—			—			(332,128	)		—
Restructuring and other impairment charges		(321	)		(3,176	)		1,004			(3,771	)
Gain on sales of businesses and assets		332			—			332			—

Income (loss) from continuing operations before interest, loss on extinguishments of debt and taxes	$	64,722		$	55,882		$	(205,656	)	$	104,593

Schedule Of Reconciliation Of Segment Assets To Condensed Consolidated Total Assets


	July 1, 2012		June 26, 2011
	(Dollars in thousands)
Reconciliation of Segment Assets to Condensed Consolidated Total Assets
Segment assets⁽¹⁾	$	2,825,906	$	3,221,280
Corporate assets⁽²⁾		727,026		541,492
Assets of businesses divested⁽³⁾		—		103,401
Assets held for sale		53,890		12,059

Total assets	$	3,606,822	$	3,878,232

(1)	Segment assets for the 2011 period include assets of the orthopedic business of the Company’s OEM Segment, which as July 1, 2012 are classified as held for sale.

(2)	Increase in corporate assets from the prior period reflects higher cash balances as a result of the sale of businesses during the fourth quarter of 2011.

(3)	Assets of businesses divested were previously reported as assets held for sale in 2011.

Schedule Of Reconciliation Of Segment Expenditures For Property, Plant And Equipment To Condensed Consolidated Total Expenditures For Property, Plant And Equipment


	Three Months Ended				Six Months Ended
	July 1, 2012		June 26, 2011		July 1, 2012		June 26, 2011
	(Dollars in thousands)
Reconciliation of Segment Expenditures for Property, Plant and Equipment to Condensed Consolidated Total Expenditures for Property, Plant and Equipment
Segment expenditures for property, plant and equipment	$	14,802	$	9,202	$	24,544	$	14,978
Corporate expenditures for property, plant and equipment		761		90		4,349		154

Total expenditures for property, plant and equipment	$	15,563	$	9,292	$	28,893	$	15,132

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

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- Definition

Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

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- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

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