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Reportable Segments (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Reportable and Product Sales Information Segments

Segment Financial Information

			Three Months Ended September 30, 2025
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Corporate						Consolidated
Sales			$	151.2					$	349.3					$	269.9					$	330.2					$	—					$	—					$	1,100.6
Cost of sales			118.2						214.8						205.0						187.4						—						—						725.4
Selling, general and administrative expenses			15.8						12.0						29.6						31.2						—						59.5						148.1
Termination fee expense			—						—						—						—						—						266.0						266.0
Amortization expense			1.9						4.8						5.2						37.7						—						—						49.6
Operating income (loss)			15.3						117.7						30.1						73.9						—						(325.5)						(88.5)
Depreciation expense (1)			3.7						3.6						7.0						4.7						—						2.8						21.8
			Three Months Ended September 30, 2024
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Corporate						Consolidated
Sales			$	162.5					$	256.2					$	283.3					$	360.5					$	—					$	—					$	1,062.5
Cost of sales			121.8						179.8						208.7						189.6						—						—						699.9
Selling, general and administrative expenses			15.4						10.1						28.3						31.9						—						50.0						135.7
Amortization expense			1.8						5.0						4.4						37.0						—						0.2						48.4
Operating income (loss)			23.5						61.3						41.9						102.0						—						(50.2)						178.5
Depreciation expense (1)			3.9						3.9						2.6						6.5						—						2.8						19.7
			Nine Months Ended September 30, 2025
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Corporate						Consolidated
Sales			$	460.3					$	911.9					$	838.9					$	973.3					$	—					$	—					$	3,184.4
Cost of sales			347.3						605.7						609.6						543.3						—						—						2,105.9
Selling, general and administrative expenses			48.6						33.9						92.7						105.4						—						153.8						434.4
Termination fee expense			—						—						—						—						—						266.0						266.0
Amortization expense			5.8						14.7						15.2						109.1						—						—						144.8
Operating income (loss)			58.6						257.6						121.4						215.5						—						(419.8)						233.3
Depreciation expense (1)			11.0						11.7						18.7						13.0						—						9.5						63.9
			Nine Months Ended September 30, 2024
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Corporate						Consolidated
Sales			$	487.7					$	746.5					$	797.4					$	1,022.0					$	(0.1)					$	—					$	3,053.5
Cost of sales			380.8						539.2						583.1						534.0						(0.1)						—						2,037.0
Selling, general and administrative expenses			47.8						34.7						77.7						114.2						—						139.0						413.4
Amortization expense			5.6						15.0						14.6						108.7						—						—						143.9
Operating income (loss)			53.5						157.6						122.0						265.1						—						(139.0)						459.2
Depreciation expense (1)			10.9						12.2						6.3						20.7						—						6.0						56.1

_______________

(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 September 30, 2025
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Consolidated
North America			$	57.1					$	255.5					$	112.6					$	98.8					$	—					$	524.0
Europe, Middle East, Africa and India			47.9						28.7						64.1						151.7						—						292.4
Asia-Pacific			43.1						61.4						83.1						69.1						—						256.7
Rest of the World			3.1						3.7						10.1						10.6						—						27.5
Total			$	151.2					$	349.3					$	269.9					$	330.2					$	—					$	1,100.6
			Three Months Ended September 30, 2024
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Consolidated
North America			$	71.4					$	140.4					$	111.3					$	142.7					$	—					$	465.8
Europe, Middle East, Africa and India			48.7						53.6						84.4						139.2						—						325.9
Asia-Pacific			40.3						59.8						84.4						58.4						—						242.9
Rest of the World			2.1						2.4						3.2						20.2						—						27.9
Total			$	162.5					$	256.2					$	283.3					$	360.5					$	—					$	1,062.5
			Nine Months Ended September 30, 2025
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Consolidated
North America			$	172.0					$	597.5					$	367.7					$	321.8					$	—					$	1,459.0
Europe, Middle East, Africa and India			160.5						118.2						201.9						408.4						—						889.0
Asia-Pacific			121.7						191.0						244.8						204.5						—						762.0
Rest of the World			6.1						5.2						24.5						38.6						—						74.4
Total			$	460.3					$	911.9					$	838.9					$	973.3					$	—					$	3,184.4
			Nine Months Ended September 30, 2024
			Cryo Tank Solutions						Heat Transfer Systems						Specialty Products						Repair, Service & Leasing						Intersegment Eliminations						Consolidated
North America			$	225.7					$	422.8					$	313.2					$	410.2					$	—					$	1,371.9
Europe, Middle East, Africa and India			152.7						137.5						227.5						399.4						—						917.1
Asia-Pacific			98.4						168.0						244.1						164.4						(0.1)						674.8
Rest of the World			10.9						18.2						12.6						48.0						—						89.7
Total			$	487.7					$	746.5					$	797.4					$	1,022.0					$	(0.1)					$	3,053.5

Schedule of Segment Assets

			September 30, 2025						December 31, 2024
Cryo Tank Solutions			$	563.6					$	614.0
Heat Transfer Systems			822.4						669.7
Specialty Products			1,054.9						920.6
Repair, Service & Leasing			1,024.3						889.9
Total assets of reportable segments			3,465.2						3,094.2
Goodwill			3,060.8						2,899.9
Identifiable intangible assets, net			2,555.5						2,540.6
Corporate			708.3						589.2
Total			$	9,789.8					$	9,123.9

X

- 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

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-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
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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

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