Snapshot

($ amounts in millions unless otherwise noted) Year Ended December 31
2018 2017 2016
Net sales 1,961.0 1,878.6 1,770.1
Gross profit 837.6 813.8 777.3
EBITDA 414.5 232.5 296.2
Adjusted EBITDA 420.7 401.2 368.4
Net loss attributable to common stockholders (324.4) (296.2) (40.8)
Adjusted common shares outstanding (average) 301.9 300.1 282.3
Adjusted earnings (loss) per share $0.14 $0.04 ($0.12)
       
Change in accounts receivable 0.9 (21.5) (42.4)
Change in inventory (18.8) (9.2) 7.6
Change in accounts payable (5.5) (3.3) (9.2)
Capital expenditures 28.4 30.8 32.6
Proceeds from disposal of property, plant and equipment 4.2 16.9 9.4
Cash paid for interest 293.4 315.7 348.8
Cash paid for income taxes 78.9 73.9 62.6
       
Reported net sales growth (%) 4% 6% 121%
Organic net sales growth (%) 3% 4% 1%
Gross margin (%) 43% 43% 44%
Adjusted EBITDA margin (%) 21% 21% 21%
Capital expenditures as a % of net sales 1% 2% 2%
       
Segment Financials      
Electronics      
Net sales 1,157.5 1,122.6 1,039.2
Gross profit 465.5 451.9 430.8
Adjusted EBITDA 248.2 233.1 212.3
Reported net sales growth (%) 3% 8%  
Organic net sales growth (%) 2% 5%  
Gross margin (%) 40% 40% 41%
Adjusted EBITDA margin (%) 21% 21% 20%
       
Industrial & Specialty      
Net sales 803.5 756.0 730.9
Gross profit 372.1 361.9 346.5
Adjusted EBITDA 172.5 168.1 156.1
Reported net sales growth (%) 6% 3%  
Organic net sales growth (%) 5% 3%  
Gross margin (%) 46% 48% 47%
Adjusted EBITDA margin (%) 21% 22% 21%

Note: This selected data is for information only. For complete consolidated financial statements and important risks that may affect actual results, see SEC Filings.