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Segment Results (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule Of Financial Information By Reportable Segment
Financial information by reportable segment is set forth below:
(in millions) Three months ended March 31, 2025
Crane Payment InnovationsSecurity and Authentication TechnologiesTotal
Net Sales$202.9 $127.4 $330.3 
Less:
Cost of operations92.3 59.1 
Selling and administrative expense39.8 29.5 
Engineering expense9.6 9.2 
Other segment items (a)
11.5 27.2 
Segment operating profit$49.7 $2.4 $52.1 
Corporate costs(14.8)
Operating profit37.3 
Interest income0.2 
Interest expense(11.5)
Miscellaneous income, net2.1 
Income before income taxes$28.1 
(in millions) Three months ended March 31, 2024
Crane Payment InnovationsSecurity and Authentication TechnologiesTotal
Net Sales$209.0 $104.6 $313.6 
Less:
Cost of operations94.4 57.2 
Selling and administrative expense39.9 22.6 
Engineering expense11.6 5.4 
Other segment items (a)
10.4 (0.8)
Segment operating profit$52.7 $20.2 $72.9 
Corporate costs(17.5)
Operating profit55.4 
Interest income0.6 
Interest expense(9.9)
Miscellaneous income, net0.6 
Income before income taxes$46.7 
(a)
Includes other cost of operations such as manufacturing costs, amortization expenses, shipping and handling costs, and certain overhead expenses, as well as corporate allocations.
Three months ended March 31,
(in millions)20252024
Capital expenditures:
Crane Payment Innovations$0.8 $1.2 
Security and Authentication Technologies6.5 6.1 
Corporate — 0.1 
Total$7.3 $7.4 
Three months ended March 31,
(in millions)20252024
Depreciation and amortization:
Crane Payment Innovations$7.1 $7.4 
Security and Authentication Technologies13.9 10.4 
Corporate 0.6 0.7 
Total$21.6 $18.5 
Reconciliation of Segment Assets to Consolidated Assets
(in millions)March 31, 2025December 31, 2024
Assets:
Crane Payment Innovations$1,170.8 $1,187.1 
Security and Authentication Technologies1,228.5 1,178.2 
Corporate 29.4 21.2 
Total$2,428.7 $2,386.5 
Schedule Of Goodwill By Segment
(in millions)March 31, 2025December 31, 2024
Goodwill:
Crane Payment Innovations$616.4 $609.1 
Security and Authentication Technologies348.1 347.5 
Total$964.5 $956.6