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Segment Results (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2025
Crane Payment InnovationsSecurity and Authentication TechnologiesTotal
Net Sales$216.3 $228.8 $445.1 
Less:
Cost of operations94.8 111.8 
Selling and administrative expense38.5 37.4 
Engineering expense7.9 8.8 
Other segment items (a)
14.4 31.5 
Segment operating profit$60.7 $39.3 $100.0 
Corporate costs(18.1)
Operating profit81.9 
Interest income0.3 
Interest expense(16.2)
Miscellaneous income, net0.6 
Income before income taxes$66.6 
(in millions) Three months ended September 30, 2024
Crane Payment InnovationsSecurity and Authentication TechnologiesTotal
Net Sales$224.9 $178.6 $403.5 
Less:
Cost of operations101.096.3
Selling and administrative expense36.323.7
Engineering expense10.56.9
Other segment items (a)
12.522.4
Segment operating profit$64.6 $29.3 $93.9 
Corporate costs(18.9)
Operating profit75.0 
Interest income0.4 
Interest expense(13.4)
Miscellaneous income, net1.3 
Income before income taxes$63.3 
(in millions) Nine months ended September 30, 2025
Crane Payment InnovationsSecurity and Authentication TechnologiesTotal
Net Sales$630.6 $549.2 $1,179.8 
Less:
Cost of operations284.6 266.4 
Selling and administrative expense119.7 108.8 
Engineering expense26.8 27.2 
Other segment items (a)
40.1 87.1 
Segment operating profit$159.4 $59.7 $219.1 
Corporate costs(52.0)
Operating profit167.1 
Interest income0.7 
Interest expense(44.1)
Miscellaneous income, net3.8 
Income before income taxes$127.5 
(in millions) Nine months ended September 30, 2024
Crane Payment InnovationsSecurity and Authentication TechnologiesTotal
Net Sales$658.3 $429.4 $1,087.7 
Less:
Cost of operations297.2 233.4 
Selling and administrative expense113.9 66.3 
Engineering expense32.8 19.4 
Other segment items (a)
35.7 36.8 
Segment operating profit$178.7 $73.5 $252.2 
Corporate costs(54.2)
Operating profit198.0 
Interest income1.4 
Interest expense(35.7)
Miscellaneous income, net1.7 
Income before income taxes$165.4 
(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 September 30,
Nine months ended September 30,
(in millions)2025202420252024
Depreciation and amortization:
Crane Payment Innovations$7.4 $7.4 $21.8 $22.1 
Security and Authentication Technologies20.9 16.8 54.0 39.6 
Corporate 0.7 0.5 1.9 1.7 
Total$29.0 $24.7 $77.7 $63.4 
Nine months ended September 30,
(in millions)20252024
Capital expenditures:
Crane Payment Innovations$5.2 $5.8 
Security and Authentication Technologies21.7 24.4 
Corporate 0.6 0.1 
Total$27.5 $30.3 
Reconciliation of Segment Assets to Consolidated Assets
(in millions)September 30, 2025December 31, 2024
Assets:
Crane Payment Innovations$1,166.7 $1,187.1 
Security and Authentication Technologies1,711.9 1,178.2 
Corporate 39.1 21.2 
Total$2,917.7 $2,386.5 
Schedule Of Goodwill By Segment
(in millions)September 30, 2025December 31, 2024
Goodwill:
Crane Payment Innovations$627.8 $609.1 
Security and Authentication Technologies533.6 347.5 
Total$1,161.4 $956.6