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Segment and Geographic Information (Tables) | 12 Months Ended
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Dec. 31, 2021
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Segment Financial Information
| Year Ended December 31, 2021
| Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  | Intersegment Eliminations |  | Corporate |  | Consolidated
Sales | $ | 447.4 |  |  | $ | 262.7 |  |  | $ | 432.9 |  |  | $ | 187.0 |  |  | $ | (12.3) |  |  | $ | — |  |  | $ | 1,317.7 |
Depreciation and amortization expense | 14.9 |  |  | 37.6 |  |  | 15.1 |  |  | 11.3 |  |  | — |  |  | 1.7 |  |  | 80.6
Operating income (loss) (1) (2) | 52.9 |  |  | (12.3) |  |  | 94.1 |  |  | 23.3 |  |  | — |  |  | (69.5) |  |  | 88.5
| Year Ended December 31, 2020
| Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  | Intersegment Eliminations |  | Corporate |  | Consolidated
Sales | $ | 415.8 |  |  | $ | 369.8 |  |  | $ | 242.6 |  |  | $ | 158.3 |  |  | $ | (9.4) |  |  | $ | — |  |  | $ | 1,177.1 |
Depreciation and amortization expense | 18.5 |  |  | 48.3 |  |  | 4.8 |  |  | 10.9 |  |  | — |  |  | 2.0 |  |  | 84.5 |
Operating income (loss) (1) (2) (3) | 52.5 |  |  | 11.2 |  |  | 60.7 |  |  | 30.3 |  |  | — |  |  | (62.5) |  |  | 92.2 |
| Year Ended December 31, 2019
| Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  | Intersegment Eliminations |  | Corporate |  | Consolidated
Sales | $ | 409.9 |  |  | $ | 441.7 |  |  | $ | 207.9 |  |  | $ | 162.6 |  |  | $ | (6.6) |  |  | $ | — |  |  | $ | 1,215.5 |
Depreciation and amortization expense | 19.5 |  |  | 42.0 |  |  | 4.9 |  |  | 9.7 |  |  | — |  |  | 1.6 |  |  | 77.7 |
Operating income (loss) (1) (4) | 25.7 |  |  | 17.7 |  |  | 48.1 |  |  | 27.9 |  |  | — |  |  | (67.4) |  |  | 52.0 |
_______________ (1) Restructuring costs for the years ended: •December 31, 2021 were $3.5 ($0.3 – Cryo Tank Solutions $1.7 – Heat Transfer Systems and $1.5 – Repair, Service & Leasing); •December 31, 2020 were $13.6 ($2.7 – Cryo Tank Solutions, $7.4 – Heat Transfer Systems, $0.7 – Specialty Products, $0.2 – Repair, Service & Leasing and $2.6 – Corporate); and •December 31, 2019 were $15.6 ($9.1 – Cryo Tank Solutions, $4.5 – Heat Transfer Systems, $0.3 – Specialty Products, $1.5 – Repair, Service & Leasing and $0.2 – Corporate). (2)Includes transaction-related costs of $2.5 and $2.6 for the years ended December 31, 2021 and 2020, respectively. These costs were mainly related to our 2021 acquisitions of Earthly Labs Inc. (“Earthly Labs”), AdEdge Holdings, LLC, L.A. Turbine and Cryogenic Gas Technologies, Inc. and our 2020 acquisitions of Sustainable Energy Solutions, Inc., BlueInGreen, LLC and Alabama Trailers. Includes transaction-related costs of $2.8 related to integration activities for previous acquisitions for the year ended December 31, 2021. (3)Includes $16.0 impairment of our trademarks and trade names indefinite-lived intangible assets related to the AXC business in our Heat Transfer Systems segment for the year ended December 31, 2020. (4)Includes transaction-related costs of $5.4 for the year ended December 31, 2019, which were mainly related to the AXC acquisition. Includes transaction-related costs of $4.3 related to integration activities for previous acquisitions for the year ended December 31, 2019. Sales by Geography Net sales by geographic area are reported by the destination of sales.
| Year Ended December 31, 2021
| Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  | Intersegment Eliminations |  | Consolidated
North America (1) | $ | 178.3 |  |  | $ | 181.1 |  |  | $ | 193.2 |  |  | $ | 118.6 |  |  | $ | (5.4) |  |  | $ | 665.8 |
Europe, Middle East, Africa and India | 155.2 |  |  | 28.6 |  |  | 204.1 |  |  | 36.4 |  |  | (4.5) |  |  | 419.8 |
Asia-Pacific (2) | 109.9 |  |  | 51.6 |  |  | 33.9 |  |  | 30.6 |  |  | (2.3) |  |  | 223.7 |
Rest of the World | 4.0 |  |  | 1.4 |  |  | 1.7 |  |  | 1.4 |  |  | (0.1) |  |  | 8.4 |
Total | $ | 447.4 |  |  | $ | 262.7 |  |  | $ | 432.9 |  |  | $ | 187.0 |  |  | $ | (12.3) |  |  | $ | 1,317.7 |
| Year Ended December 31, 2020
| Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  | Intersegment Eliminations |  | Consolidated
North America (1) | $ | 168.0 |  |  | $ | 259.4 |  |  | $ | 98.9 |  |  | $ | 111.2 |  |  | $ | (4.4) |  |  | $ | 633.1 |
Europe, Middle East, Africa and India | 165.3 |  |  | 39.3 |  |  | 121.8 |  |  | 38.1 |  |  | (3.5) |  |  | 361.0 |
Asia-Pacific (2) | 76.1 |  |  | 69.3 |  |  | 21.4 |  |  | 8.4 |  |  | (1.4) |  |  | 173.8 |
Rest of the World | 6.4 |  |  | 1.8 |  |  | 0.5 |  |  | 0.6 |  |  | (0.1) |  |  | 9.2 |
Total | $ | 415.8 |  |  | $ | 369.8 |  |  | $ | 242.6 |  |  | $ | 158.3 |  |  | $ | (9.4) |  |  | $ | 1,177.1 |
| Year Ended December 31, 2019
| Cryo Tank Solutions |  | Heat Transfer Systems |  | Specialty Products |  | Repair, Service & Leasing |  | Intersegment Eliminations |  | Consolidated
North America (1) | $ | 173.6 |  |  | $ | 311.2 |  |  | $ | 100.4 |  |  | $ | 128.4 |  |  | $ | (3.4) |  |  | $ | 710.2 |
Europe, Middle East, Africa and India | 163.8 |  |  | 71.6 |  |  | 91.2 |  |  | 23.7 |  |  | (2.2) |  |  | 348.1 |
Asia-Pacific (2) | 67.2 |  |  | 57.3 |  |  | 15.6 |  |  | 9.7 |  |  | (0.9) |  |  | 148.9 |
Rest of the World | 5.3 |  |  | 1.6 |  |  | 0.7 |  |  | 0.8 |  |  | (0.1) |  |  | 8.3 |
Total | $ | 409.9 |  |  | $ | 441.7 |  |  | $ | 207.9 |  |  | $ | 162.6 |  |  | $ | (6.6) |  |  | $ | 1,215.5 |
_______________ (1) Consolidated sales in the United States were $585.9, $576.8 and $638.0 for the twelve month periods ending December 31, 2021, 2020 and 2019, respectively and represent 44.5%, 49.0% and 52.5% of consolidated sales for the same periods, respectively. (2) Consolidated sales in China were $136.2, $100.7 and $80.5 for the twelve months ended December 31, 2021, 2020 and 2019, respectively and represent 10.3%, 8.6% and 6.6% of consolidated sales for the same periods, respectively.
| December 31,
| 2021 |  | 2020
Cryo Tank Solutions | $ | 407.2 |  |  | $ | 399.2 |
Heat Transfer Systems | 225.8 |  |  | 247.2 |
Specialty Products | 327.5 |  |  | 178.3 |
Repair, Service & Leasing | 186.2 |  |  | 142.6 |
Total assets of reportable segments | 1,146.7 |  |  | 967.3 |
Goodwill (1) | 994.6 |  |  | 865.9 |
Identifiable intangible assets, net (1) | 556.1 |  |  | 493.1 |
Corporate | 346.4 |  |  | 244.2 |
Total assets | $ | 3,043.8 |  |  | $ | 2,570.5 |
_______________ (1)See Note 9, “Goodwill and Intangible Assets,” for further information related to goodwill and identifiable intangible assets, net.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas | Geographic Information
| Property, plant and equipment, net as of December 31,
| 2021 |  | 2020
United States | $ | 234.0 |  |  | $ | 223.9 |
Foreign |  |  |
Italy | 60.7 |  |  | 69.9 |
China | 58.8 |  |  | 61.5 |
Czech Republic | 29.9 |  |  | 29.0 |
Germany | 16.5 |  |  | 16.1 |
India | 16.1 |  |  | 14.1 |
Total Foreign | 182.0 |  |  | 190.6 |
Total | $ | 416.0 |  |  | $ | 414.5 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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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=123359005&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=123359005&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=123359005&loc=d3e8906-108599 + Details
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