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v3.20.1

Reportable Segments (Tables) | 3 Months Ended
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Mar. 31, 2020
Segment Reporting [Abstract] |
Schedule of Reportable and Product Sales Information Segments |
| Three Months Ended March 31, 2020
| D&S East |  | D&S West |  | E&C Cryogenics |  | E&C FinFans |  | Intersegment Eliminations |  | Corporate |  | Consolidated
Sales to external customers | $ | 70.0 |  |  | $ | 111.6 |  |  | $ | 62.2 |  |  | $ | 80.7 |  |  | $ | (3.4 | ) |  | $ | — |  |  | $ | 321.1 |
Depreciation and amortization expense | 3.6 |  |  | 3.0 |  |  | 3.8 |  |  | 13.1 |  |  | — |  |  | 0.4 |  |  | 23.9 |
Operating income (loss) (1) (2) | 6.9 |  |  | 26.5 |  |  | 8.7 |  |  | 1.1 |  |  | — |  |  | (19.7 | ) |  | 23.5 |
Capital expenditures | 5.1 |  |  | 1.7 |  |  | 1.0 |  |  | 0.5 |  |  | — |  |  | 2.0 |  |  | 10.3 |
| Three Months Ended March 31, 2019
| D&S East |  | D&S West |  | E&C Cryogenics |  | E&C FinFans |  | Intersegment Eliminations |  | Corporate |  | Consolidated
Sales to external customers | $ | 68.7 |  |  | $ | 118.0 |  |  | $ | 35.1 |  |  | $ | 70.5 |  |  | $ | (3.0 | ) |  | $ | — |  |  | $ | 289.3 |
Depreciation and amortization expense | 4.2 |  |  | 2.9 |  |  | 4.5 |  |  | 4.1 |  |  | — |  |  | 0.3 |  |  | 16.0 |
Operating income (loss) (1) (2) | (2.3 | ) |  | 25.6 |  |  | (10.7 | ) |  | 9.4 |  |  | (1.1 | ) |  | (16.3 | ) |  | 4.6 |
Capital expenditures | 1.0 |  |  | 1.2 |  |  | 2.7 |  |  | 0.5 |  |  | — |  |  | 0.5 |  |  | 5.9 |
_______________
(1) | Restructuring costs for the:
• | three months ended March 31, 2020 were $5.2 ($1.0 - D&S East), $0.8 - D&S West, $0.4 - E&C Cryogenics, $2.4 - E&C FinFans, 0.6 - Corporate).
• | three months ended March 31, 2019 were $7.4 ($2.4 - D&S East, $0.3 - D&S West, $3.4 - E&C Cryogenics, $1.1 - E&C FinFans, $0.2 - Corporate).
(2) | Corporate includes transaction-related costs of: (includes costs associated with business development and other one-time transactions)
• | $0.9 for the three months ended March 31, 2019.
Product Sales Information
| Three Months Ended March 31, 2020
| D&S East |  | D&S West |  | E&C Cryogenics |  | E&C FinFans |  | Intersegment Eliminations |  | Consolidated
Natural gas processing (including petrochemical) and industrial gas applications | $ | — |  |  | $ | — |  |  | $ | 21.6 |  |  | $ | 62.0 |  |  | $ | (0.3 | ) |  | $ | 83.3 |
Liquefied natural gas (LNG) applications | 19.7 |  |  | 18.9 |  |  | 33.3 |  |  | 8.6 |  |  | (1.1 | ) |  | 79.4 |
HVAC, power and refining applications | — |  |  | — |  |  | 7.3 |  |  | 10.1 |  |  | (0.1 | ) |  | 17.3 |
Bulk industrial gas applications | 39.0 |  |  | 32.4 |  |  | — |  |  | — |  |  | (0.9 | ) |  | 70.5 |
Packaged gas industrial applications | 11.1 |  |  | 41.1 |  |  | — |  |  | — |  |  | (0.9 | ) |  | 51.3 |
Cryobiological storage | 0.2 |  |  | 19.2 |  |  | — |  |  | — |  |  | (0.1 | ) |  | 19.3 |
Total | $ | 70.0 |  |  | $ | 111.6 |  |  | $ | 62.2 |  |  | $ | 80.7 |  |  | $ | (3.4 | ) |  | $ | 321.1 |
| Three Months Ended March 31, 2019
| D&S East |  | D&S West |  | E&C Cryogenics |  | E&C FinFans |  | Intersegment Eliminations |  | Consolidated
Natural gas processing (including petrochemical) and industrial gas applications | $ | — |  |  | $ | — |  |  | $ | 25.9 |  |  | $ | 51.5 |  |  | $ | — |  |  | $ | 77.4 |
Liquefied natural gas (LNG) applications | 12.1 |  |  | 22.1 |  |  | 4.2 |  |  | 10.4 |  |  | — |  |  | 48.8 |
HVAC, power and refining applications | — |  |  | — |  |  | 5.0 |  |  | 8.6 |  |  | — |  |  | 13.6 |
Bulk industrial gas applications | 40.2 |  |  | 37.8 |  |  | — |  |  | — |  |  | (0.3 | ) |  | 77.7 |
Packaged gas industrial applications | 16.4 |  |  | 36.1 |  |  | — |  |  | — |  |  | (1.0 | ) |  | 51.5 |
Cryobiological storage | — |  |  | 22.0 |  |  | — |  |  | — |  |  | (1.7 | ) |  | 20.3 |
Total | $ | 68.7 |  |  | $ | 118.0 |  |  | $ | 35.1 |  |  | $ | 70.5 |  |  | $ | (3.0 | ) |  | $ | 289.3 |
Segment Assets |
Total Assets |  | March 31, 2020 |  | December 31, 2019
D&S East |  | $ | 511.9 |  |  | $ | 528.6 |
D&S West |  | 423.3 |  |  | 414.9 |
E&C Cryogenics |  | 428.1 |  |  | 430.3 |
E&C FinFans |  | 1,032.3 |  |  | 1,028.0 |
Corporate |  | 27.4 |  |  | 79.6 |
Total |  | $ | 2,423.0 |  |  | $ | 2,481.4 |

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