v2.4.0.6
Reporting Segments (Tables)
12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
 
Year Ended December 31, 2011
 
Reportable Segments
 
Energy and
Chemicals
 
Distribution
and
Storage
 
BioMedical
 
Corporate
 
Total
Sales from external customers
$
205,033

 
$
390,332

 
$
199,220

 
$

 
$
794,585

Depreciation and amortization expense
7,417

 
11,767

 
7,588

 
1,143

 
27,915

Operating income (loss)
27,489

 
61,415

 
35,911

 
(34,821
)
 
89,994

Total assets(A)(B)
203,067

 
556,688

 
226,729

 
187,729

 
1,174,213

Capital expenditures
5,228

 
7,808

 
6,692

 
2,652

 
22,380

 
 
Year Ended December 31, 2010
 
Reportable Segments
 
Energy and
Chemicals
 
Distribution
and
Storage
 
BioMedical
 
Corporate
 
Total
Sales from external customers
$
137,801

 
$
269,293

 
$
148,361

 
$

 
$
555,455

Depreciation and amortization expense
7,338

 
10,474

 
5,197

 
568

 
23,577

Operating income (loss)
6,121

 
41,934

 
30,698

 
(31,249
)
 
47,504

Total assets(A)(C)
188,407

 
513,215

 
227,138

 
26,079

 
954,839

Capital expenditures
973

 
8,563

 
4,594

 
2,809

 
16,939

 
 
Year Ended December 31, 2009
 
Reportable Segments
 
Energy and
Chemicals
 
Distribution
and
Storage
 
BioMedical
 
Corporate
 
Total
Sales from external customers
$
255,074

 
$
252,197

 
$
90,187

 
$

 
$
597,458

Depreciation and amortization expense
7,335

 
10,104

 
3,591

 
382

 
21,412

Operating income (loss)
61,852

 
39,888

 
15,912

 
(23,318
)
 
94,334

Total assets(A)(D)
205,482

 
486,620

 
135,977

 
98,424

 
926,503

Capital expenditures
2,707

 
7,168

 
2,022

 
1,293

 
13,190

 _______________
(A)
Corporate assets at December 31, 2011, 2010 and 2009 consist primarily of cash, cash equivalents, short term investments and deferred income taxes.
(B)
Total assets at December 31, 2011 include goodwill of $83,215, $158,381 and $47,174 for the Energy and Chemicals, Distribution and Storage and BioMedical segments, respectively.
(C)
Total assets at December 31, 2010 include goodwill of $83,215, $148,010 and $44,027 for the Energy and Chemicals, Distribution and Storage and BioMedical segments, respectively.
(D)
Total assets at December 31, 2009 include goodwill of $83,215, $144,290 and $37,027 for the Energy and Chemicals, Distribution and Storage and BioMedical segments, respectively.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
A reconciliation of the total of the reportable segments’ operating income to consolidated income before income taxes and minority interest is presented below:
 
 
Year Ended December 31,
 
2011
 
2010
 
2009
Operating income
$
89,994

 
$
47,504

 
$
94,334

Other expense (income):
 
 
 
 
 
Interest expense, net
23,371

 
16,196

 
15,817

Amortization of deferred financing costs
4,383

 
3,063

 
1,616

Gain on acquisition of business

 
(1,124
)
 
(6,954
)
Foreign currency loss (gain)
(734
)
 
871

 
(687
)
Income before income taxes and minority interest
$
62,974

 
$
28,498

 
$
84,542

Reconciliation of Revenue from Segments to Consolidated
 
Year Ended December 31,
 
2011
 
2010
 
2009
Product Sales Information:
 
 
 
 
 
Energy and Chemicals Segment
 
 
 
 
 
Heat exchangers
$
158,975

 
$
113,313

 
$
172,374

Cold boxes and LNG VIP
46,058

 
24,488

 
82,700

 
$
205,033

 
$
137,801

 
$
255,074

Distribution and Storage Segment
 
 
 
 
 
Cryogenic bulk storage systems
$
183,932

 
$
117,907

 
$
135,523

Cryogenic packaged gas systems and beverage liquid CO2 systems
147,526

 
103,129

 
80,278

Cryogenic systems and components
33,038

 
20,221

 
10,987

Cryogenic services
25,836

 
28,036

 
25,409

 
$
390,332

 
$
269,293

 
$
252,197

BioMedical Segment
 
 
 
 
 
Medical respiratory products
$
138,411

 
$
95,666

 
$
41,793

Biological storage systems
60,809

 
52,695

 
43,966

Other

 

 
4,428

 
199,220

 
148,361

 
90,187

Total Sales
$
794,585

 
$
555,455

 
$
597,458

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
 
Year Ended December 31, 2011
 
Year Ended December 31, 2010
 
Year Ended December 31, 2009
Geographic Information:
Sales
 
Long-Lived
Assets
 
Sales
 
Long-Lived
Assets
 
Sales
United States
$
503,011

 
$
326,439

 
$
391,691

 
$
391,428

 
$
441,583

Czech Republic
87,285

 
78,921

 
72,486

 
86,680

 
79,865

China
71,752

 
73,469

 
45,203

 
69,243

 
28,641

Germany
122,001

 
95,932

 

 

 

Other Non-U.S. Countries
10,536

 
2,085

 
46,075

 
1,392

 
47,369

Total
$
794,585

 
$
576,846

 
$
555,455

 
$
548,743

 
$
597,458