Snapshot

($ amounts in millions unless otherwise noted) Year Ended December 31
2019 2018 2017
Net sales 1,835.9 1,961.0 1,878.6
Gross profit 788.3 837.6 813.8
EBITDA 386.3 414.5 232.5
Adjusted EBITDA 416.7 420.7 401.2
Net loss attributable to common stockholders 92.2 (324.4) (296.2)
Adjusted common shares outstanding (average) 258.4 301.9 300.1
Adjusted earnings per share $0.88 $0.17 $0.04
       
Change in accounts receivable 21.8 0.9 (21.5)
Change in inventory (3.8) (18.8) (9.2)
Change in accounts payable (7.0) (5.5) (3.3)
Capital expenditures 29.7 28.4 30.8
Proceeds from disposal of property, plant and equipment 4.6 4.2 16.9
Cash paid for interest 125.4 293.4 315.7
Cash paid for income taxes 71.2 78.9 73.9
       
Reported net sales growth (%) (6)% 4% 6%
Organic net sales growth (%) (4)% 3% 4%
Gross margin (%) 43% 43% 43%
Adjusted EBITDA margin (%) 23% 21% 21%
Capital expenditures as a % of net sales 2% 1% 2%
       
Segment Financials      
Electronics      
Net sales 1,085.7 1,157.5 1,122.6
Gross profit 447.3 465.5 451.9
Adjusted EBITDA 252.9 248.2 233.1
Reported net sales growth (%) (4)% 3% 8%
Organic net sales growth (%) (4)% 2% 5%
Gross margin (%) 41% 40% 40%
Adjusted EBITDA margin (%) 23% 21% 21%
       
Industrial & Specialty      
Net sales 750.2 803.5 756.0
Gross profit 341.0 372.1 361.9
Adjusted EBITDA 163.8 172.5 168.1
Reported net sales growth (%) (8)% 6% 3%
Organic net sales growth (%) (3)% 5% 3%
Gross margin (%) 45% 46% 48%
Adjusted EBITDA margin (%) 22% 21% 22%

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