| Net sales |
2,549.4 |
2,399.8 |
1,853.7 |
| Gross profit |
952.7 |
960.8 |
786.0 |
| EBITDA |
484.5 |
469.8 |
305.9 |
| Adjusted EBITDA |
526.6 |
524.9 |
422.6 |
| Net income attributable to common stockholders |
187.2 |
203.3 |
75.7 |
| Adjusted common shares outstanding (average) |
246.7 |
251.4 |
251.2 |
| Adjusted earnings per share |
$1.41 |
$1.38 |
$0.96 |
| |
|
|
|
| Change in accounts receivable |
6.4 |
(48.7) |
(27.3) |
| Change in inventory |
(31.2) |
(46.5) |
1.4 |
| Change in accounts payable |
(0.1) |
16.8 |
(5.3) |
| Capital expenditures |
47.8 |
46.3 |
28.8 |
| Proceeds from disposal of property, plant and equipment |
4.8 |
- |
1.7 |
| Cash paid for interest |
46.9 |
50.6 |
51.8 |
| Cash paid for income taxes |
66.5 |
71.2 |
66.5 |
| |
|
|
|
| Reported net sales growth (%) |
6% |
29% |
1% |
| Organic net sales growth (%) |
5% |
13% |
-3% |
| Gross margin (%) |
37% |
40% |
42% |
| Adjusted EBITDA margin (%) |
21% |
22% |
23% |
| Capital expenditures as a % of net sales |
2% |
2% |
2% |
| |
|
|
|
| Segment Financials |
|
|
|
| Electronics |
|
|
|
| Net sales |
1,604.1 |
1,582.5 |
1,172.1 |
| Gross profit |
594.1 |
617.5 |
477.2 |
| Adjusted EBITDA |
362.1 |
372.0 |
277.3 |
| Reported net sales growth (%) |
1% |
35% |
8% |
| Organic net sales growth (%) |
5% |
13% |
2% |
| Gross margin (%) |
37% |
39% |
41% |
| Adjusted EBITDA margin (%) |
23% |
24% |
24% |
| |
|
|
|
| Industrial & Specialty |
|
|
|
| Net sales |
945.3 |
817.3 |
681.6 |
| Gross profit |
358.6 |
343.3 |
308.8 |
| Adjusted EBITDA |
164.5 |
152.8 |
145.3 |
| Reported net sales growth (%) |
16% |
20% |
-9% |
| Organic net sales growth (%) |
5% |
13% |
-10% |
| Gross margin (%) |
38% |
42% |
45% |
| Adjusted EBITDA margin (%) |
17% |
19% |
21% |