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Reportable Segments (Tables)
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Schedule of Reportable and Product Sales Information Segments
Segment Financial Information
 Three Months Ended March 31, 2024
 Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales$159.7 $253.6 $236.5 $301.0 $(0.1)$— $950.7 
Depreciation and amortization expense5.3 9.2 7.1 43.0 — 1.3 65.9 
Operating income (loss)14.0 51.2 25.1 65.1 — (42.5)112.9 
Three Months Ended March 31, 2023
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales$123.5 $167.5 $126.2 $118.5 $(4.2)$— $531.5 
Depreciation and amortization expense5.6 8.4 8.6 9.9 — 0.8 33.3 
Operating income (loss) (1)
4.3 27.3 21.8 33.1 — (51.9)34.6 
_______________
(1)Acquisition-related contingent consideration credits in our Specialty Products segment related to our 2020 acquisition of Sustainable Energy Solutions, Inc. was $7.4 for the three months ended March 31, 2023.
Sales by Geography
Three Months Ended March 31, 2024
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America$86.0 $157.6 $92.8 $122.1 $— $458.5 
Europe, Middle East, Africa and India45.5 40.2 65.0 120.6 — 271.3 
Asia-Pacific24.3 52.1 72.3 45.1 (0.1)193.7 
Rest of the World3.9 3.7 6.4 13.2 — 27.2 
Total$159.7 $253.6 $236.5 $301.0 $(0.1)$950.7 
Three Months Ended March 31, 2023
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America$63.6 $134.6 $72.1 $55.7 $(2.3)$323.7 
Europe, Middle East, Africa and India42.0 15.5 33.0 36.1 (1.3)125.3 
Asia-Pacific17.1 14.3 20.1 23.0 (0.6)73.9 
Rest of the World0.8 3.1 1.0 3.7 — 8.6 
Total$123.5 $167.5 $126.2 $118.5 $(4.2)$531.5 
Schedule of Segment Assets
March 31,
2024
December 31,
2023
Cryo Tank Solutions$667.1 $706.1 
Heat Transfer Systems680.1 560.7 
Specialty Products762.7 647.8 
Repair, Service & Leasing894.0 950.1 
Total assets of reportable segments3,003.9 2,864.7 
Goodwill2,948.8 2,906.8 
Identifiable intangible assets, net2,711.3 2,791.9 
Corporate583.9 539.0 
Total$9,247.9 $9,102.4