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Segment Information
3 Months Ended
Mar. 31, 2024
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
March 31,
(in millions)20242023
Net sales:
Environmental Solutions$354.0 $318.8 
Safety and Security Systems70.9 66.7 
Total net sales$424.9 $385.5 
Operating income (loss):
Environmental Solutions$51.7 $37.6 
Safety and Security Systems13.8 12.1 
Corporate and eliminations(11.2)(10.2)
Total operating income54.3 39.5 
Interest expense, net3.2 4.7 
Other expense, net0.2 0.1 
Income before income taxes$50.9 $34.7 
(in millions)March 31, 2024December 31, 2023
Total assets:
Environmental Solutions$1,322.0 $1,290.9 
Safety and Security Systems287.3 288.1 
Corporate and eliminations42.1 41.5 
Total assets$1,651.4 $1,620.5