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Reportable Segments (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of reportable and product sales information segments

Segment Financial Information

			Three Months Ended June 30, 2022
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Corporate						Consolidated
Sales			$	132.9					$	102.9					$	115.3					$	55.4					$	(1.7)					$	—					$	404.8
Depreciation and amortization expense			4.1						7.4						5.4						4.2						—						0.6						21.7
Operating income (loss) (1) (2)			9.9						5.7						20.8						12.0						—						(18.8)						29.6

			Three Months Ended June 30, 2021
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Corporate						Consolidated
Sales			$	97.8					$	65.2					$	106.8					$	54.6					$	(2.4)					$	—					$	322.0
Depreciation and amortization expense			3.8						9.5						3.4						2.7						—						0.4						19.8
Operating income (loss) (1) (2)			13.4						(0.5)						23.4						5.6						—						(16.4)						25.5

			Six Months Ended June 30, 2022
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Corporate						Consolidated
Sales			$	251.0					$	182.2					$	222.8					$	104.7					$	(1.8)					$	—					$	758.9
Depreciation and amortization expense			8.2						15.1						9.3						8.5						—						1.1						42.2
Operating income (loss) (1) (2)			24.0						5.5						37.0						20.3						—						(37.1)						49.7

			Six Months Ended June 30, 2021
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Corporate						Consolidated
Sales			$	201.7					$	134.4					$	184.1					$	96.0					$	(5.7)					$	—					$	610.5
Depreciation and amortization expense			7.7						19.0						6.5						5.3						—						0.8						39.3
Operating income (loss) (1) (2)			29.0						3.3						41.3						13.9						—						(33.2)						54.3

_______________

(1)Restructuring costs for the:

•three months ended June 30, 2022 were $0.2 ($0.1 - Cryo Tank Solutions, $0.1 - Specialty Products).

•three months ended June 30, 2021 were $0.3 in our Heat Transfer Systems segment.

•six months ended June 30, 2022 were $0.3 ($0.1 - Cryo Tank Solutions, $0.1 - Heat Transfer Systems, $0.1 - Specialty Products).

•six months ended June 30, 2021 were $1.0 ($0.3 - Cryo Tank Solutions, $0.7 - Heat Transfer Systems).

(2)Acquisition-related contingent consideration (credits)/charges in our Specialty Products Segment were related to our 2020 acquisitions of Sustainable Energy Solutions, Inc. (“SES”) and BlueInGreen, LLC (“BIG”) and for the:

•three months ended June 30, 2022 were $(0.2).

•three months ended June 30, 2021 were $1.2.

•six months ended June 30, 2022 were $(1.0).

•six months ended June 30, 2021 were $2.0.

Sales by Geography

			Three Months Ended June 30, 2022
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Consolidated
North America			$	52.4					$	75.9					$	86.6					$	35.9					$	(1.1)					$	249.7
Europe, Middle East, Africa and India			46.9						16.6						21.3						9.2						(0.3)						93.7
Asia-Pacific			31.5						9.6						7.4						9.9						(0.3)						58.1
Rest of the World			2.1						0.8						—						0.4						—						3.3
Total			$	132.9					$	102.9					$	115.3					$	55.4					$	(1.7)					$	404.8

			Three Months Ended June 30, 2021
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Consolidated
North America			$	34.4					$	42.2					$	43.3					$	29.5					$	(1.0)					$	148.4
Europe, Middle East, Africa and India			32.7						8.8						53.3						9.1						(0.7)						103.2
Asia-Pacific			29.1						14.0						9.6						15.9						(0.7)						67.9
Rest of the World			1.6						0.2						0.6						0.1						—						2.5
Total			$	97.8					$	65.2					$	106.8					$	54.6					$	(2.4)					$	322.0

			Six Months Ended June 30, 2022
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Consolidated
North America			$	90.3					$	129.6					$	146.6					$	70.5					$	(1.2)					$	435.8
Europe, Middle East, Africa and India			97.6						35.7						56.5						19.3						(0.3)						208.8
Asia-Pacific			59.7						15.7						19.6						13.9						(0.3)						108.6
Rest of the World			3.4						1.2						0.1						1.0						—						5.7
Total			$	251.0					$	182.2					$	222.8					$	104.7					$	(1.8)					$	758.9

			Six Months Ended June 30, 2021
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Consolidated
North America			$	75.5					$	88.5					$	69.4					$	58.5					$	(2.7)					$	289.2
Europe, Middle East, Africa and India			70.4						16.6						98.9						19.6						(1.7)						203.8
Asia-Pacific			53.3						28.8						15.2						17.7						(1.3)						113.7
Rest of the World			2.5						0.5						0.6						0.2						—						3.8
Total			$	201.7					$	134.4					$	184.1					$	96.0					$	(5.7)					$	610.5

Segment assets

			June 30, 2022						December 31, 2021
Cryo Tank Solutions			$	419.3					$	407.2
Heat Transfer Systems			263.2						225.8
Specialty Products			409.0						327.5
Repair, Service & Leasing			179.3						186.2
Total assets of reportable segments			1,270.8						1,146.7
Goodwill (1)			984.9						994.6
Identifiable intangible assets, net (1)			549.4						556.1
Corporate			362.5						346.4
Total			$	3,167.6					$	3,043.8

_______________

(1)See Note 6, “Goodwill and Intangible Assets,” for further information related to goodwill and identifiable intangible assets, net.

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