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Reportable Segments (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Reportable and Product Sales Information Segments
Segment Financial Information
 Three Months Ended September 30, 2024
 Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales$162.5 $256.2 $283.3 $360.5 $— $— $1,062.5 
Depreciation and amortization expense5.7 8.9 7.0 43.5 — 3.0 68.1 
Operating income (loss)23.5 61.3 41.9 102.0 — (50.2)178.5 
Three Months Ended September 30, 2023
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales$159.0 $232.5 $240.0 $271.3 $(4.9)$— $897.9 
Depreciation and amortization expense7.8 7.4 5.7 45.1 — 1.0 67.0 
Operating income (loss)17.1 43.4 33.7 42.3 — (32.1)104.4 
Nine Months Ended September 30, 2024
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales$487.7 $746.5 $797.4 $1,022.0 $(0.1)$— $3,053.5 
Depreciation and amortization expense16.5 27.2 20.9 129.4 — 6.0 200.0 
Operating income (loss)53.5 157.6 122.0 265.1 — (139.0)459.2 
Nine Months Ended September 30, 2023
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales$435.2 $636.0 $602.9 $688.5 $(25.1)$— $2,337.5 
Depreciation and amortization expense17.2 24.6 17.9 100.8 — 2.7 163.2 
Operating income (loss)31.9 120.5 84.6 121.0 — (123.3)234.7 
Sales by Geography
Net sales by geographic area are reported by the destination of sales.
Three Months Ended September 30, 2024
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America$71.4 $140.4 $111.3 $142.7 $— $465.8 
Europe, Middle East, Africa and India48.7 53.6 84.4 139.2 — 325.9 
Asia-Pacific40.3 59.8 84.4 58.4 — 242.9 
Rest of the World2.1 2.4 3.2 20.2 — 27.9 
Total$162.5 $256.2 $283.3 $360.5 $— $1,062.5 
Three Months Ended September 30, 2023
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America$71.3 $150.6 $84.2 $78.5 $(2.0)$382.6 
Europe, Middle East, Africa and India52.7 31.0 68.0 130.2 (1.7)280.2 
Asia-Pacific33.5 46.7 83.2 52.5 (1.1)214.8 
Rest of the World1.5 4.2 4.6 10.1 (0.1)20.3 
Total$159.0 $232.5 $240.0 $271.3 $(4.9)$897.9 
Nine Months Ended September 30, 2024
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America$225.7 $422.8 $313.2 $410.2 $— $1,371.9 
Europe, Middle East, Africa and India152.7 137.5 227.5 399.4 — 917.1 
Asia-Pacific98.4 168.0 244.1 164.4 (0.1)674.8 
Rest of the World10.9 18.2 12.6 48.0 — 89.7 
Total$487.7 $746.5 $797.4 $1,022.0 $(0.1)$3,053.5 
Nine Months Ended September 30, 2023
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America$198.5 $432.9 $238.1 $224.9 $(11.2)$1,083.2 
Europe, Middle East, Africa and India148.7 76.8 170.2 305.0 (8.7)692.0 
Asia-Pacific84.1 111.7 183.3 133.8 (4.8)508.1 
Rest of the World3.9 14.6 11.3 24.8 (0.4)54.2 
Total$435.2 $636.0 $602.9 $688.5 $(25.1)$2,337.5 
Schedule of Segment Assets
September 30,
2024
December 31,
2023
Cryo Tank Solutions$668.9 $706.1 
Heat Transfer Systems642.7 560.7 
Specialty Products915.5 647.8 
Repair, Service & Leasing936.8 950.1 
Total assets of reportable segments3,163.9 2,864.7 
Goodwill2,987.7 2,906.8 
Identifiable intangible assets, net2,660.4 2,791.9 
Corporate686.4 539.0 
Total$9,498.4 $9,102.4