| Schedule of Segment Information |
The following tables present financial information for the Company's reportable segments:
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Year Ended December 31, |
(in thousands) |
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2022 |
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2021 |
|
2020 |
| Net sales to unrelated entities: |
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| U.S. |
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$ |
2,302,246 |
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$ |
2,060,300 |
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$ |
1,603,783 |
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| LAAP |
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473,866 |
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465,499 |
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424,489 |
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| EMEA |
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438,554 |
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|
382,060 |
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298,907 |
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| Canada |
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249,486 |
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218,543 |
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174,375 |
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$ |
3,464,152 |
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$ |
3,126,402 |
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$ |
2,501,554 |
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| Segment operating income |
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| U.S. |
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$ |
519,812 |
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$ |
536,475 |
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$ |
250,485 |
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| LAAP |
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47,025 |
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42,025 |
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35,875 |
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| EMEA |
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80,192 |
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65,496 |
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31,235 |
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| Canada |
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52,957 |
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52,731 |
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37,620 |
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| Total segment operating income |
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699,986 |
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696,727 |
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355,215 |
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| Unallocated corporate expenses |
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(306,882) |
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(246,223) |
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(218,166) |
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| Interest income, net |
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2,713 |
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1,380 |
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|
435 |
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| Other non-operating income (expense), net |
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1,593 |
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(373) |
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2,039 |
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| Income before income tax |
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$ |
397,410 |
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$ |
451,511 |
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$ |
139,523 |
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| Depreciation and amortization expense: |
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| U.S. |
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$ |
20,428 |
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$ |
21,098 |
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$ |
25,852 |
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| LAAP |
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4,984 |
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5,733 |
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5,756 |
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| EMEA |
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3,066 |
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3,423 |
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3,739 |
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| Canada |
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2,461 |
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2,586 |
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2,825 |
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| Unallocated corporate expense |
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23,813 |
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23,082 |
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25,244 |
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$ |
54,752 |
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$ |
55,922 |
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$ |
63,416 |
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December 31,
|
(in thousands) |
|
2022 |
|
2021 |
| Accounts receivable, net: |
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| U.S. |
|
$ |
280,199 |
|
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$ |
265,731 |
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| LAAP |
|
87,391 |
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85,696 |
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| EMEA |
|
107,626 |
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|
79,942 |
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| Canada |
|
72,345 |
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|
56,434 |
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$ |
547,561 |
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$ |
487,803 |
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| Inventories: |
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| U.S. |
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$ |
747,762 |
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$ |
455,960 |
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| LAAP |
|
105,158 |
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|
77,620 |
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| EMEA |
|
98,777 |
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|
65,263 |
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| Canada |
|
76,848 |
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|
46,536 |
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$ |
1,028,545 |
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$ |
645,379 |
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| Property, plant and equipment, net: |
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| U.S. |
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$ |
233,382 |
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$ |
232,610 |
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| Canada |
|
25,350 |
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24,898 |
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| All other countries |
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32,482 |
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33,580 |
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$ |
291,214 |
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$ |
291,088 |
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