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Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Revenue and Earnings from continuing operations by market segment

			Three Months Ended June 30,												Six Months Ended June 30,
(in millions)			2024						2023						2024						2023
Revenues:
Precision Devices			$	74.1					$	47.8					$	148.4					$	101.5
MedTech & Specialty Audio			59.5						60.6						116.6						106.1
Consumer MEMS Microphones			71.1						64.6						136.1						109.7
Total revenues			$	204.7					$	173.0					$	401.1					$	317.3
(Loss) earnings before interest and income taxes:
Precision Devices			$	4.2					$	4.8					$	2.1					$	15.5
MedTech & Specialty Audio			24.0						23.6						46.7						35.0
Consumer MEMS Microphones (1)			(246.4)						6.3						(241.1)						(1.9)
Total segments			(218.2)						34.7						(192.3)						48.6
Corporate expense / other			17.7						16.5						33.5						33.7
Interest expense, net			4.6						0.8						9.0						1.6
(Loss) earnings before income taxes			(240.5)						17.4						(234.8)						13.3
Provision for income taxes			18.8						3.8						22.0						4.9
Net (loss) earnings			$	(259.3)					$	13.6					$	(256.8)					$	8.4

Reconciliation of Assets from Segment to Consolidated

Information regarding assets of the Company's reportable segments:

			Total Assets
(in millions)			June 30, 2024						December 31, 2023
Precision Devices			$	576.3					$	577.9
MedTech & Specialty Audio			342.9						351.1
Consumer MEMS Microphones			255.7						530.0
Corporate / eliminations			3.2						3.8
Total			$	1,178.1					$	1,462.8

Revenue from External Customers by Geographic Areas

The following table details revenues by geographic location. Revenues are attributed to regions based on the location of the Company's direct customer, which in some instances is an intermediary and not necessarily the end user. The Company's businesses are based primarily in Asia, North America, and Europe.

			Three Months Ended June 30,												Six Months Ended June 30,
(in millions)			2024						2023						2024						2023
Asia			$	112.6					$	108.9					$	218.3					$	188.9
United States			57.9						34.0						116.0						69.3
Europe			26.9						25.7						53.1						49.8
Other Americas			2.6						1.3						5.4						3.4
Other			4.7						3.1						8.3						5.9
Total			$	204.7					$	173.0					$	401.1					$	317.3

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

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