Snapshot

($ amounts in millions unless otherwise noted) Year Ended December 31
2020 2019 2018
Net sales 1853.7 1835.9 1961.0
Gross profit 786.0 788.3 837.6
EBITDA 305.9 386.3 414.5
Adjusted EBITDA 422.6 416.7 420.7
Net loss attributable to common stockholders 75.7 92.2 (324.4)
Adjusted common shares outstanding (average) 251.2 258.4 301.9
Adjusted earnings per share $0.96 $0.88 $0.17
       
Change in accounts receivable (27.3) 21.8 0.9
Change in inventory 1.4 (3.8) (18.8)
Change in accounts payable (5.3) (7.0) (5.5)
Capital expenditures 28.8 29.7 28.4
Proceeds from disposal of property, plant and equipment 1.7 4.6 4.2
Cash paid for interest 51.8 125.4 293.4
Cash paid for income taxes 66.5 71.2 78.9
       
Reported net sales growth (%) 1% (6)% 4%
Organic net sales growth (%) (3)% (4)% 3%
Gross margin (%) 42% 43% 43%
Adjusted EBITDA margin (%) 23% 23% 21%
Capital expenditures as a % of net sales 2% 2% 1%
       
Segment Financials      
Electronics      
Net sales 1,172.1 1,085.7 1,157.5
Gross profit 477.2 447.3 465.5
Adjusted EBITDA 277.3 252.9 248.2
Reported net sales growth (%) 8% (4)% 3%
Organic net sales growth (%) 2% (4)% 2%
Gross margin (%) 41% 41% 40%
Adjusted EBITDA margin (%) 24% 23% 21%
       
Industrial & Specialty      
Net sales 681.6 750.2 803.5
Gross profit 308.8 341.0 372.1
Adjusted EBITDA 145.3 163.8 172.5
Reported net sales growth (%) (9)% (8)% 6%
Organic net sales growth (%) (10)% (3)% 5%
Gross margin (%) 45% 45% 46%
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.