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v3.20.2

Reportable Segments (Tables) | 9 Months Ended
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Sep. 30, 2020
Segment Reporting [Abstract] |
Schedule of reportable and product sales information segments | Segment Financial Information
| Three Months Ended September 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |
| D&S East |  | D&S West |  | E&C Cryogenics |  | E&C FinFans |  | Intersegment Eliminations |  | Corporate |  | Consolidated
Sales to external customers | $ | 85.1 |  |  | $ | 91.1 |  |  | $ | 64.8 |  |  | $ | 40.5 |  |  | $ | (8.3) |  |  | $ | — |  |  | $ | 273.2 |
Depreciation and amortization expense | 3.9 |  |  | 2.9 |  |  | 3.7 |  |  | 8.2 |  |  | — |  |  | 0.5 |  |  | 19.2 |
Operating income (loss) (1) (2) | 9.9 |  |  | 19.7 |  |  | 15.6 |  |  | (1.7) |  |  | — |  |  | (15.4) |  |  | 28.1 |
Capital expenditures | 3.7 |  |  | 1.6 |  |  | 0.2 |  |  | 0.1 |  |  | — |  |  | 0.5 |  |  | 6.1 |
| Three Months Ended September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |
| D&S East |  | D&S West |  | E&C Cryogenics |  | E&C FinFans |  | Intersegment Eliminations |  | Corporate |  | Consolidated
Sales to external customers | $ | 70.4 |  |  | $ | 93.3 |  |  | $ | 48.9 |  |  | $ | 128.6 |  |  | $ | (3.2) |  |  | $ | — |  |  | $ | 338.0 |
Depreciation and amortization expense | 3.7 |  |  | 2.6 |  |  | 2.0 |  |  | 15.1 |  |  | — |  |  | 0.4 |  |  | 23.8 |
Operating income (loss) (1) (2) (4) | 7.1 |  |  | 17.8 |  |  | 3.6 |  |  | 16.2 |  |  | (0.2) |  |  | (21.0) |  |  | 23.5 |
Capital expenditures | 3.8 |  |  | 2.2 |  |  | 0.9 |  |  | 1.0 |  |  | — |  |  | 3.5 |  |  | 11.4 |
| Nine Months Ended September 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |
| D&S East |  | D&S West |  | E&C Cryogenics |  | E&C FinFans |  | Intersegment Eliminations |  | Corporate |  | Consolidated
Sales to external customers | $ | 234.8 |  |  | $ | 269.5 |  |  | $ | 190.7 |  |  | $ | 185.3 |  |  | $ | (15.6) |  |  | $ | — |  |  | $ | 864.7 |
Depreciation and amortization expense | 10.9 |  |  | 8.3 |  |  | 11.1 |  |  | 34.4 |  |  | — |  |  | 1.4 |  |  | 66.1 |
Operating income (loss) (1) (2) (3) | 24.9 |  |  | 58.7 |  |  | 38.6 |  |  | (0.8) |  |  | — |  |  | (51.7) |  |  | 69.7 |
Capital expenditures | 12.3 |  |  | 8.4 |  |  | 1.7 |  |  | 1.0 |  |  | — |  |  | 3.5 |  |  | 26.9 |
| Nine Months Ended September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |
| D&S East |  | D&S West |  | E&C Cryogenics |  | E&C FinFans |  | Intersegment Eliminations |  | Corporate |  | Consolidated
Sales to external customers | $ | 216.8 |  |  | $ | 280.0 |  |  | $ | 131.3 |  |  | $ | 272.0 |  |  | $ | (6.0) |  |  | $ | — |  |  | $ | 894.1 |
Depreciation and amortization expense | 11.9 |  |  | 7.8 |  |  | 11.1 |  |  | 23.3 |  |  | — |  |  | 1.1 |  |  | 55.2 |
Operating income (loss) (1) (2) (4) | 7.1 |  |  | 52.9 |  |  | (7.1) |  |  | 36.0 |  |  | (0.9) |  |  | (51.4) |  |  | 36.6 |
Capital expenditures | 9.7 |  |  | 5.5 |  |  | 4.0 |  |  | 1.9 |  |  | — |  |  | 4.9 |  |  | 26.0 |
_______________ (1)Includes sales and operating income (loss) for AXC, included in the E&C FinFans segment results since the acquisition date, July 1, 2019 as follows: •Sales and operating loss were $71.3 and $17.3, for the nine months ended September 30, 2020, respectively. •Sales and operating income were $60.1 and $2.6, for both the three and nine months ended September 30, 2019, respectively. (2)Restructuring costs for the: •three months ended September 30, 2020 were $1.9 ($0.1 - D&S East, $0.2 - D&S West, $1.1 - E&C FinFans, $0.5 - Corporate). •three months ended September 30, 2019 were $1.5 ($0.3 - D&S East, $0.4 - D&S West, $0.2 - E&C Cryogenics, $0.6 - E&C FinFans). •nine months ended September 30, 2020 were $12.7 ($2.0 - D&S East, $1.2 - D&S West, $0.8 - E&C Cryogenics, $6.0 - E&C FinFans, and $2.7 - Corporate). •nine months ended September 30, 2019 were $13.3 ($8.1 - D&S East, $0.8 - D&S West, $2.4 - E&C Cryogenics, $1.8 - E&C FinFans, and $0.2 - Corporate). (3)Includes a $2.6 gain on sale of a facility in China for the nine months ended September 30, 2020 recorded within our D&S East segment. (4)Corporate includes transaction-related costs of $4.3 and $7.0 for the three and nine months ended September 30, 2019, respectively (includes costs associated with business development and other one-time transactions). Product Sales Information
| Three Months Ended September 30, 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 | $ | — |  |  | $ | — |  |  | $ | 24.6 |  |  | $ | 27.1 |  |  | $ | — |  |  | $ | 51.7 |
Liquefied natural gas (LNG) applications | 24.0 |  |  | 27.2 |  |  | 34.3 |  |  | 6.8 |  |  | (3.2) |  |  | 89.1 |
HVAC, power and refining applications | — |  |  | — |  |  | 5.9 |  |  | 6.6 |  |  | (0.2) |  |  | 12.3 |
Bulk industrial gas applications | 45.9 |  |  | 31.7 |  |  | — |  |  | — |  |  | (0.9) |  |  | 76.7 |
Packaged gas industrial applications | 15.2 |  |  | 32.2 |  |  | — |  |  | — |  |  | (4.0) |  |  | 43.4 |
Total | $ | 85.1 |  |  | $ | 91.1 |  |  | $ | 64.8 |  |  | $ | 40.5 |  |  | $ | (8.3) |  |  | $ | 273.2 |
| Three Months Ended September 30, 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 | $ | 1.0 |  |  | $ | — |  |  | $ | 24.3 |  |  | $ | 88.6 |  |  | $ | (1.5) |  |  | $ | 112.4 |
Liquefied natural gas (LNG) applications | 10.2 |  |  | 16.5 |  |  | 17.3 |  |  | 11.0 |  |  | (0.1) |  |  | 54.9 |
HVAC, power and refining applications | — |  |  | — |  |  | 7.3 |  |  | 29.0 |  |  | (0.6) |  |  | 35.7 |
Bulk industrial gas applications | 48.2 |  |  | 39.5 |  |  | — |  |  | — |  |  | (1.0) |  |  | 86.7 |
Packaged gas industrial applications | 11.0 |  |  | 37.3 |  |  | — |  |  | — |  |  | — |  |  | 48.3 |
Total | $ | 70.4 |  |  | $ | 93.3 |  |  | $ | 48.9 |  |  | $ | 128.6 |  |  | $ | (3.2) |  |  | $ | 338.0 |
| Nine Months Ended September 30, 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 | $ | 0.9 |  |  | $ | — |  |  | $ | 69.7 |  |  | $ | 131.2 |  |  | $ | (0.3) |  |  | $ | 201.5 |
Liquefied natural gas (LNG) applications | 65.8 |  |  | 60.7 |  |  | 102.3 |  |  | 25.3 |  |  | (7.1) |  |  | 247.0 |
HVAC, power and refining applications | — |  |  | — |  |  | 18.7 |  |  | 28.8 |  |  | (0.5) |  |  | 47.0 |
Bulk industrial gas applications | 129.5 |  |  | 102.9 |  |  | — |  |  | — |  |  | (2.1) |  |  | 230.3 |
Packaged gas industrial applications | 38.6 |  |  | 105.9 |  |  | — |  |  | — |  |  | (5.6) |  |  | 138.9 |
Total | $ | 234.8 |  |  | $ | 269.5 |  |  | $ | 190.7 |  |  | $ | 185.3 |  |  | $ | (15.6) |  |  | $ | 864.7 |
| Nine Months Ended September 30, 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 | $ | 1.0 |  |  | $ | — |  |  | $ | 81.4 |  |  | $ | 193.9 |  |  | $ | (1.5) |  |  | $ | 274.8 |
Liquefied natural gas (LNG) applications | 38.6 |  |  | 58.2 |  |  | 26.5 |  |  | 32.2 |  |  | (0.1) |  |  | 155.4 |
HVAC, power and refining applications | — |  |  | — |  |  | 23.4 |  |  | 45.9 |  |  | (0.6) |  |  | 68.7 |
Bulk industrial gas applications | 136.3 |  |  | 113.0 |  |  | — |  |  | — |  |  | (1.8) |  |  | 247.5 |
Packaged gas industrial applications | $ | 40.9 |  |  | $ | 108.8 |  |  | $ | — |  |  | $ | — |  |  | $ | (2.0) |  |  | $ | 147.7 |
Total | $ | 216.8 |  |  | $ | 280.0 |  |  | $ | 131.3 |  |  | $ | 272.0 |  |  | $ | (6.0) |  |  | $ | 894.1 |
Segment assets |
Total Assets |  | September 30, 2020 |  | December 31, 2019
D&S East |  | $ | 531.9 |  |  | $ | 528.6 |
D&S West |  | 377.7 |  |  | 349.0 |
E&C Cryogenics |  | 424.4 |  |  | 430.3 |
E&C FinFans |  | 983.4 |  |  | 1,028.0 |
Corporate |  | 66.1 |  |  | 76.9 |
Discontinued Operations |  | 69.4 |  |  | 68.6 |
Total |  | $ | 2,452.9 |  |  | $ | 2,481.4 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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