| Schedule of Segment Information |
The geographic distribution of the Company's Net sales and Income from operations in the Consolidated Statements of Operations, as well as depreciation and amortization expense, are summarized in the following tables for the years ended December 31, 2019, 2018 and 2017 as well as Accounts receivable, net, Inventories and Property, plant and equipment, net on the Consolidated Balance Sheets at December 31, 2019 and 2018.
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(in thousands) |
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2019 |
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2018 |
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2017 |
| Net sales to unrelated entities: |
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| U.S. |
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$ |
1,943,007 |
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$ |
1,728,476 |
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$ |
1,520,026 |
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| LAAP |
|
529,282 |
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|
530,152 |
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475,128 |
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| EMEA |
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367,072 |
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350,754 |
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293,700 |
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| Canada |
|
203,117 |
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192,944 |
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177,251 |
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$ |
3,042,478 |
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$ |
2,802,326 |
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$ |
2,466,105 |
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| Segment income from operations: |
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| U.S. |
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$ |
456,656 |
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$ |
410,750 |
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$ |
336,797 |
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| LAAP |
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80,138 |
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80,967 |
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75,922 |
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| EMEA |
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45,419 |
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33,314 |
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10,410 |
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| Canada |
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39,576 |
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31,304 |
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23,516 |
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| Total segment income from operations |
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621,789 |
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556,335 |
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446,645 |
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| Unallocated corporate expenses |
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(226,818) |
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(205,353) |
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(183,676) |
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| Interest income, net |
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8,302 |
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|
9,876 |
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4,515 |
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| Interest expense on note payable to related party |
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— |
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— |
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(429) |
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| Other non-operating income (expense), net |
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2,156 |
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(141) |
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(321) |
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| Income before income tax |
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$ |
405,429 |
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$ |
360,717 |
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$ |
266,734 |
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| Depreciation and amortization expense: |
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| U.S. |
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$ |
23,388 |
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$ |
21,938 |
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$ |
21,256 |
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| LAAP |
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5,956 |
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5,721 |
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6,108 |
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| EMEA |
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4,036 |
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4,260 |
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3,791 |
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| Canada |
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3,009 |
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3,076 |
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2,746 |
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| Unallocated corporate expense |
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23,367 |
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23,235 |
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26,044 |
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$ |
59,756 |
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$ |
58,230 |
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$ |
59,945 |
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| Accounts receivable, net: |
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| U.S. |
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$ |
248,211 |
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$ |
199,018 |
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| LAAP |
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101,995 |
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110,494 |
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| EMEA |
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82,500 |
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85,887 |
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| Canada |
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55,527 |
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53,983 |
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$ |
488,233 |
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$ |
449,382 |
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| Inventories: |
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| U.S. |
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$ |
398,192 |
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$ |
328,815 |
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| LAAP |
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105,978 |
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98,883 |
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| EMEA |
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58,731 |
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63,261 |
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| Canada |
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43,067 |
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30,868 |
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$ |
605,968 |
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$ |
521,827 |
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| Property, plant and equipment, net: |
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| U.S. |
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$ |
280,178 |
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$ |
224,012 |
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| Canada |
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27,800 |
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26,566 |
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| All other countries |
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38,673 |
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41,018 |
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$ |
346,651 |
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$ |
291,596 |
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