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v3.19.3.a.u2

Segment and Related Information (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment and Related Information [Abstract] |
Segment Information | Segment information for the years ended December 31, 2019, 2018 and 2017 was as follows:
|  | Year Ended December 31, |
(millions of dollars) |  | 2019 |  |  | 2018 |  |  | 2017 |
Net Sales |  |  |  |  |  |  |  |  |
Performance Materials |  | $ | 823.3 |  |  | $ | 828.1 |  |  | $ | 734.8 |
Specialty Minerals |  |  | 574.4 |  |  |  | 589.3 |  |  |  | 584.8 |
Refractories |  |  | 298.1 |  |  |  | 311.9 |  |  |  | 279.4 |
Energy Services |  |  | 95.2 |  |  |  | 78.3 |  |  |  | 76.7 |
Total |  |  | 1,791.0 |  |  |  | 1,807.6 |  |  |  | 1,675.7 |
Income from Operations |  |  |  |  |  |  |  |  |  |  |  |
Performance Materials |  |  | 97.1 |  |  |  | 116.8 |  |  |  | 119.7 |
Specialty Minerals |  |  | 83.1 |  |  |  | 95.4 |  |  |  | 88.9 |
Refractories |  |  | 39.8 |  |  |  | 45.4 |  |  |  | 39.8 |
Energy Services |  |  | 7.8 |  |  |  | 4.5 |  |  |  | 6.1 |
Total |  |  | 227.8 |  |  |  | 262.1 |  |  |  | 254.5 |
Depreciation, Depletion and Amortization |  |  |  |  |  |  |  |  |  |  |  |
Performance Materials |  |  | 43.6 |  |  |  | 41.1 |  |  |  | 40.5 |
Specialty Minerals |  |  | 40.4 |  |  |  | 38.2 |  |  |  | 35.5 |
Refractories |  |  | 7.0 |  |  |  | 6.6 |  |  |  | 6.8 |
Energy Services |  |  | 7.4 |  |  |  | 8.4 |  |  |  | 8.2 |
Total |  |  | 98.4 |  |  |  | 94.3 |  |  |  | 91.0 |
Segment Assets |  |  |  |  |  |  |  |  |  |  |  |
Performance Materials |  |  | 2,091.2 |  |  |  | 2,119.7 |  |  |  | 1,989.6 |
Specialty Minerals |  |  | 525.1 |  |  |  | 511.9 |  |  |  | 519.4 |
Refractories |  |  | 293.2 |  |  |  | 296.6 |  |  |  | 307.4 |
Energy Services |  |  | 121.5 |  |  |  | 110.4 |  |  |  | 110.6 |
Total |  |  | 3,031.0 |  |  |  | 3,038.6 |  |  |  | 2,927.0 |
Capital Expenditures |  |  |  |  |  |  |  |  |  |  |  |
Performance Materials |  |  | 16.8 |  |  |  | 22.4 |  |  |  | 33.1 |
Specialty Minerals |  |  | 37.7 |  |  |  | 42.4 |  |  |  | 32.6 |
Refractories |  |  | 5.7 |  |  |  | 5.0 |  |  |  | 5.9 |
Energy Services |  |  | 4.7 |  |  |  | 4.9 |  |  |  | 4.5 |
Total |  |  | 64.9 |  |  |  | 74.7 |  |  |  | 76.1 |
Reconciliation of Operating Income Before Income Taxes, Assets, and Capital Expenditures from Segments to Consolidated | A reconciliation of the totals reported for the operating segments to the applicable line items in the consolidated financial statements is as follows:
|  | Year Ended December 31, |
(millions of dollars) |  | 2019 |  |  | 2018 |  |  | 2017 |
Income from Operations before Provision (Benefit) for Taxes on Income |  |  |  |  |  |  |  |  |
Income from operations for reportable segments |  | $ | 227.8 |  |  | $ | 262.1 |  |  | $ | 254.5 |
Acquisition related transaction and integration costs |  |  | — |  |  |  | (1.7 | ) |  |  | (3.4 | )
Unallocated corporate expenses |  |  | (19.1 | ) |  |  | (4.5 | ) |  |  | (6.7 | )
Consolidated income from operations |  |  | 208.7 |  |  |  | 255.9 |  |  |  | 244.4 |
Non-operating deductions, net |  |  | (51.4 | ) |  |  | (51.8 | ) |  |  | (53.5 | )
Income from operations before provision (benefit) for taxes on income |  |  | 157.3 |  |  |  | 204.1 |  |  |  | 190.9 |
Total Assets |  |  |  |  |  |  |  |  |  |  |  |
Total segment assets |  |  | 3,031.0 |  |  |  | 3,038.6 |  |  |  | 2,927.0 |
Corporate assets |  |  | 81.6 |  |  |  | 48.5 |  |  |  | 43.4 |
Consolidated total assets |  |  | 3,112.6 |  |  |  | 3,087.1 |  |  |  | 2,970.4 |
Capital Expenditures |  |  |  |  |  |  |  |  |  |  |  |
Total segment capital expenditures |  |  | 64.9 |  |  |  | 74.7 |  |  |  | 76.1 |
Corporate capital expenditures |  |  | 0.1 |  |  |  | 1.2 |  |  |  | 0.6 |
Consolidated capital expenditures |  |  | 65.0 |  |  |  | 75.9 |  |  |  | 76.7 |
Financial Information Related to Operations by Geographic Area | Financial information relating to the Company's operations by geographic area was as follows:
|  | Year Ended December 31, |
(millions of dollars) |  | 2019 |  |  | 2018 |  |  | 2017 |
Net Sales |  |  |  |  |  |  |  |  |
United States |  | $ | 962.4 |  |  | $ | 961.6 |  |  | $ | 939.3 |
Canada/Latin America |  |  | 80.2 |  |  |  | 83.7 |  |  |  | 81.6 |
Europe/Africa |  |  | 435.3 |  |  |  | 443.4 |  |  |  | 349.0 |
Asia |  |  | 313.1 |  |  |  | 318.9 |  |  |  | 305.8 |
Total International |  |  | 828.6 |  |  |  | 846.0 |  |  |  | 736.4 |
Consolidated net sales |  |  | 1,791.0 |  |  |  | 1,807.6 |  |  |  | 1,675.7 |
Long-Lived Assets |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 1,742.3 |  |  | $ | 1,767.7 |  |  | $ | 1,774.4 |
Canada/Latin America |  |  | 13.0 |  |  |  | 13.7 |  |  |  | 14.8 |
Europe/Africa |  |  | 190.7 |  |  |  | 225.0 |  |  |  | 115.9 |
Asia |  |  | 117.2 |  |  |  | 123.0 |  |  |  | 132.0 |
Total International |  |  | 320.9 |  |  |  | 361.7 |  |  |  | 262.7 |
Consolidated long-lived assets |  |  | 2,063.2 |  |  |  | 2,129.4 |  |  |  | 2,037.1 |
Sales by Product Category | The Company's sales by product category are as follows:
|  | Year Ended December 31, |
(millions of dollars) |  | 2019 |  |  | 2018 |  |  | 2017 |
Metalcasting |  | $ | 291.2 |  |  | $ | 328.9 |  |  | $ | 294.3 |
Household, Personal Care & Specialty Products |  |  | 376.6 |  |  |  | 348.5 |  |  |  | 294.6 |
Environmental Products |  |  | 86.6 |  |  |  | 80.3 |  |  |  | 67.7 |
Building Materials |  |  | 68.9 |  |  |  | 70.4 |  |  |  | 78.2 |
Paper PCC |  |  | 364.9 |  |  |  | 378.5 |  |  |  | 377.7 |
Specialty PCC |  |  | 69.1 |  |  |  | 66.9 |  |  |  | 66.0 |
Ground Calcium Carbonate |  |  | 91.3 |  |  |  | 91.0 |  |  |  | 87.3 |
Talc |  |  | 49.1 |  |  |  | 52.9 |  |  |  | 53.8 |
Refractory Products |  |  | 244.8 |  |  |  | 261.1 |  |  |  | 226.9 |
Metallurgical Products |  |  | 53.3 |  |  |  | 50.8 |  |  |  | 52.5 |
Energy Services |  |  | 95.2 |  |  |  | 78.3 |  |  |  | 76.7 |
Total |  | $ | 1,791.0 |  |  | $ | 1,807.6 |  |  | $ | 1,675.7 |

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