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SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Information

Financial information by reportable segment is as follows:

(In millions) Three Months Ended June 30, 2025															Color, Additives and Inks						Specialty Engineered Materials						Corporate						Consolidated Total
Sales															$	538.6					$	329.7					$	(1.8)					$	866.5
Cost of sales															350.6						235.9						2.1						588.6
Selling and administrative expense															97.7						53.6						30.5						181.8
Operating income															$	90.3					$	40.2					$	(34.4)					$	96.1
Interest expense, net																																	(24.7)
Other expense, net																																	(0.5)
Income before income taxes																																	$	70.9

Three Months Ended June 30, 2024															Color, Additives and Inks						Specialty Engineered Materials						Corporate						Consolidated Total
Sales															$	542.0					$	308.1					$	(0.4)					$	849.7
Cost of sales															357.5						213.4						21.2						592.1
Selling and administrative expense															98.4						51.9						34.8						185.1
Operating income															$	86.1					$	42.8					$	(56.4)					$	72.5
Interest expense, net																																	(26.6)
Other expense, net																																	(0.9)
Income before income taxes																																	$	45.0

Six Months Ended June 30, 2025															Color, Additives and Inks						Specialty Engineered Materials						Corporate						Consolidated Total
Sales															$	1,058.3					$	638.1					$	(3.3)					$	1,693.1
Cost of sales															697.2						446.5						8.3						1,152.0
Selling and administrative expense															192.2						104.3						147.8						444.3
Operating income															$	168.9					$	87.3					$	(159.4)					$	96.8
Interest expense, net																																	(51.6)
Other expense																																	(0.9)
Income before income taxes																																	$	44.3

Six Months Ended June 30, 2024															Color, Additives and Inks						Specialty Engineered Materials						Corporate						Consolidated Total
Sales															$	1,057.3					$	622.5					$	(1.1)					$	1,678.7
Cost of sales															701.6						420.8						20.5						1,142.9
Selling and administrative expense															194.8						105.5						69.0						369.3
Operating income															$	160.9					$	96.2					$	(90.6)					$	166.5
Interest expense, net																																	(53.2)
Other expense																																	(1.8)
Income before income taxes																																	$	111.5

			Three Months Ended June 30,												Six Months Ended June 30,
			2025						2024						2025						2024
Depreciation and amortization:
Color, Additives and Inks			$	22.4					$	21.8					$	44.1					$	43.7
Specialty Engineered Materials			22.4						20.8						43.9						40.4
Corporate			1.8						2.3						3.9						5.1
Depreciation and amortization			$	46.6					$	44.9					$	91.9					$	89.2
Capital expenditures:
Color, Additives and Inks			$	8.4					$	7.1					$	13.3					$	11.0
Specialty Engineered Materials			14.7						8.9						21.5						14.2
Corporate			3.9						15.4						4.7						30.6
Capital expenditures			$	27.0					$	31.4					$	39.5					$	55.8

			Total Assets
(In millions)			As of June 30, 2025						As of December 31, 2024
Color, Additives and Inks			$	2,735.3					$	2,574.2
Specialty Engineered Materials			2,602.3						2,452.3
Corporate			795.7						784.6
Total assets			$	6,133.3					$	5,811.1

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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