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Segment Information
6 Months Ended
Jun. 30, 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
June 30,
Six Months Ended
June 30,
(in millions)2024202320242023
Net sales:
Environmental Solutions$408.8 $373.0 $762.8 $691.8 
Safety and Security Systems81.6 69.4 152.5 136.1 
Total net sales$490.4 $442.4 $915.3 $827.9 
Operating income (loss):
Environmental Solutions$72.9 $56.2 $124.6 $93.8 
Safety and Security Systems18.3 14.1 32.1 26.2 
Corporate and eliminations(10.1)(10.9)(21.3)(21.1)
Total operating income81.1 59.4 135.4 98.9 
Interest expense, net3.2 5.6 6.4 10.3 
Other expense, net0.4 1.1 0.6 1.2 
Income before income taxes$77.5 $52.7 $128.4 $87.4 
(in millions)June 30, 2024December 31, 2023
Total assets:
Environmental Solutions$1,361.1 $1,290.9 
Safety and Security Systems288.5 288.1 
Corporate and eliminations41.9 41.5 
Total assets$1,691.5 $1,620.5