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Segment Information
6 Months Ended
Jun. 30, 2023
Segment Reporting [Abstract]  
Segment Information SEGMENT INFORMATION
The Company has two reportable segments: the Environmental Solutions Group and the Safety and Security Systems Group. Business units are organized under each reportable segment because they share certain characteristics, such as technology, marketing, distribution and product application, which create long-term synergies.
The following tables summarize the Company’s operations by segment, including Net sales, Operating income (loss), and Total assets:
 Three Months Ended
June 30,
Six Months Ended
June 30,
(in millions)2023202220232022
Net sales:
Environmental Solutions$373.0 $306.3 $691.8 $580.5 
Safety and Security Systems69.4 60.4 136.1 116.4 
Total net sales$442.4 $366.7 $827.9 $696.9 
Operating income (loss):
Environmental Solutions$56.2 $39.1 $93.8 $65.9 
Safety and Security Systems14.1 10.3 26.2 18.2 
Corporate and eliminations(10.9)(3.2)(21.1)(9.4)
Total operating income59.4 46.2 98.9 74.7 
Interest expense5.6 1.9 10.3 3.2 
Other expense (income), net1.1 (0.3)1.2 (0.7)
Income before income taxes$52.7 $44.6 $87.4 $72.2 
(in millions)June 30, 2023December 31, 2022
Total assets:
Environmental Solutions$1,334.2 $1,206.4 
Safety and Security Systems283.6 279.3 
Corporate and eliminations42.9 38.6 
Total assets$1,660.7 $1,524.3