Business segment information (Tables)

9 Months Ended

Sep. 29, 2013

The following tables present the Company’s segment results for the three and nine months ended September 29, 2013 and September 30, 2012:


	Three Months Ended September 29, 2013
	Americas		EMEA		Asia		OEM		Totals
	(Dollars in thousands)
Segment Results
Segment net revenues from external customers	$	192,494	$	132,265	$	55,263	$	33,774	$	413,796
Segment depreciation and amortization		17,783		7,035		1,134		1,123		27,075
Segment operating profit⁽¹⁾		25,564		20,479		20,399		6,684		73,126
Segment expenditures for property, plant and equipment		14,188		2,701		258		508		17,655
Restructuring and other impairment charges		4,664		2,219		201		—		7,084
Intersegment revenues		26,550		42,480		12,191		163

	Three Months Ended September 30, 2012
	Americas		EMEA		Asia		OEM		Totals
	(Dollars in thousands)
Segment Results
Segment net revenues from external customers	$	169,548	$	116,015	$	45,592	$	36,899	$	368,054
Segment depreciation and amortization		16,439		5,249		967		1,058		23,713
Segment operating profit⁽¹⁾		17,476		5,318		18,718		9,417		50,929
Segment expenditures for property, plant and equipment		9,253		3,248		43		2,052		14,596
Restructuring and other impairment charges		1,069		19		—		—		1,088
Intersegment revenues		38,874		17,136		—		94



	Nine Months Ended September 29, 2013
	Americas			EMEA		Asia		OEM		Totals
	(Dollars in thousands)
Segment Results
Segment net revenues from external customers	$	587,945		$	412,525	$	148,040	$	97,222	$	1,245,732
Segment depreciation and amortization		51,493			20,666		3,506		3,370		79,035
Segment operating profit⁽¹⁾		79,941			58,163		49,520		20,778		208,402
Segment assets		1,974,737			998,256		247,118		41,073		3,261,184
Segment expenditures for property, plant and equipment		42,900			8,691		431		2,212		54,234
Restructuring and other impairment charges		16,745			11,426		446		588		29,205
Intersegment revenues		95,872			115,770		33,738		373

	Nine Months Ended September 30, 2012
	Americas			EMEA		Asia		OEM		Totals
	(Dollars in thousands)
Segment Results
Segment net revenues from external customers	$	526,685		$	377,513	$	123,205	$	104,550	$	1,131,953
Segment depreciation and amortization		47,482			16,096		2,561		3,022		69,161
Segment operating profit⁽¹⁾		64,975			46,706		41,500		22,884		176,065
Segment assets		1,784,773			767,995		268,669		38,835		2,860,272
Segment expenditures for property, plant and equipment		20,870			9,620		105		8,545		39,140
Restructuring and other impairment charges		(581	)		665		—		—		84
Intersegment revenues		114,562			52,235		—		382

(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, research and development expenses and an allocation of corporate expenses. Segment operating profit excludes goodwill impairment charges, restructuring and impairment charges, interest income and expense, loss on extinguishments of debt and taxes on income.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following tables present reconciliations of segment results to the Company’s condensed consolidated income (loss) from continuing operations before interest, loss on extinguishments of debt and taxes for the three and nine months ended September 29, 2013 and September 30, 2012:


	Three Months Ended						Nine Months Ended
	September 29, 2013			September 30, 2012			September 29, 2013			September 30, 2012
	(Dollars in thousands)
Reconciliation of Segment Operating Profit to Income (Loss) from Continuing Operations Before Interest, Loss on Extinguishments of Debt and Taxes
Segment operating profit	$	73,126		$	50,929		$	208,402		$	176,065
Goodwill impairment		—			—			—			(332,128	)
Restructuring and other impairment charges		(7,084	)		(1,088	)		(29,205	)		(84	)
Gain on sales of businesses and assets		—			—			—			332

Income (loss) from continuing operations before interest, loss on extinguishments of debt and taxes	$	66,042		$	49,841		$	179,197		$	(155,815	)

Reconciliation of Assets from Segment to Consolidated


	September 29, 2013		September 30, 2012
	(Dollars in thousands)
Reconciliation of Segment Assets to Condensed Consolidated Total Assets
Segment assets	$	3,261,184	$	2,860,272
Corporate assets		516,744		802,656
Assets held for sale		10,435		7,861

Total assets	$	3,788,363	$	3,670,789

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated


	Three Months Ended				Nine Months Ended
	September 29, 2013		September 30, 2012		September 29, 2013		September 30, 2012
	(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	$	17,655	$	14,596	$	54,234	$	39,140
Corporate expenditures for property, plant and equipment		88		2,603		406		6,952

Total expenditures for property, plant and equipment	$	17,743	$	17,199	$	54,640	$	46,092

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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