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Reportable Segments (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Reportable and Product Sales Information Segments
Segment Financial Information
Three Months Ended March 31, 2025
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales to external customers$153.2 $267.3 $276.1 $304.9 $— $— $1,001.5 
Cost of sales116.0 184.7 192.4 168.6 — — 661.7 
Selling, general and administrative expenses17.7 10.8 30.4 38.9 — 43.2 141.0 
Amortization expense1.9 4.9 5.0 34.7 — — 46.5 
Operating income (loss)17.6 66.9 48.3 62.7 — (43.2)152.3 
Depreciation expense4.3 4.1 5.0 3.6 — 2.7 19.7 
Three Months Ended March 31, 2024
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales to external customers$159.7 $253.6 $236.5 $301.0 $(0.1)$— $950.7 
Cost of sales126.9 183.5 177.6 160.5 (0.1)— 648.4 
Selling, general and administrative expenses16.9 13.9 28.7 39.5 — 42.5 141.5 
Amortization expense1.9 5.0 5.1 35.9 — — 47.9 
Operating income (loss)14.0 51.2 25.1 65.1 — (42.5)112.9 
Depreciation expense3.4 4.2 2.0 7.1 — 1.3 18.0 
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(1)Depreciation disclosed by reportable segment is included within cost of sales and selling, general and administrative expenses.
Sales by Geography
Net sales by geographic area are reported by the destination of sales.
Three Months Ended March 31, 2025
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America$58.6 $162.5 $122.4 $113.7 $— $457.2 
Europe, Middle East, Africa and India57.3 39.4 64.6 119.7 — 281.0 
Asia-Pacific35.6 64.6 82.9 60.5 — 243.6 
Rest of the World1.7 0.8 6.2 11.0 — 19.7 
Total$153.2 $267.3 $276.1 $304.9 $— $1,001.5 
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 
Schedule of Segment Assets
March 31,
2025
December 31,
2024
Cryo Tank Solutions$550.5 $614.0 
Heat Transfer Systems661.5 669.7 
Specialty Products985.5 920.6 
Repair, Service & Leasing1,009.8 889.9 
Total assets of reportable segments3,207.3 3,094.2 
Goodwill2,950.2 2,899.9 
Identifiable intangible assets, net2,550.0 2,540.6 
Corporate605.8 589.2 
Total$9,313.3 $9,123.9