XML 32 R20.htm IDEA: XBRL DOCUMENT v3.22.1
Segment and Related Information
3 Months Ended
Apr. 03, 2022
Segment and Related Information [Abstract]  
Segment and Related Information

Note 14.  Segment and Related Information


The Company has three reportable segments: Performance Materials, Specialty Minerals and Refractories. See Note 1 to the Condensed Consolidated Financial Statements. Segment information for the three-month periods ended April 3, 2022 and April 4, 2021  is as follows:

   
Three Months Ended
 
(millions of dollars)
 
Apr. 3,
2022
   
Apr. 4,
2021
 
             
Net Sales
           
Performance Materials
 
$
272.1
   
$
230.9
 
Specialty Minerals
   
163.1
     
147.8
 
Refractories
   
83.9
     
73.9
 
Total
 
$
519.1
   
$
452.6
 
                 
Income from Operations
               
Performance Materials
 
$
33.7
   
$
29.8
 
Specialty Minerals
   
18.4
     
21.1
 
Refractories
   
16.5
     
12.0
 
Total
 
$
68.6
   
$
62.9
 


A reconciliation of the totals reported for the operating segments to the applicable line items in the condensed consolidated financial statements is as follows:

   
Three Months Ended
 
(millions of dollars)
 
Apr. 3,
2022
   
Apr. 4,
2021
 
             
Income from operations for reportable segments
 
$
68.6
   
$
62.9
 
Acquisition related transaction and integration costs
   
(1.6
)
   
 
Unallocated and other corporate expenses
   
(0.8
)
   
(4.1
)
Consolidated income from operations
   
66.2
     
58.8
 
Non-operating deductions, net
   
(10.2
)
   
(9.4
)
Income from operations before tax and equity in earnings
 
$
56.0
   
$
49.4
 


The Company's sales by product category are as follows:

   
Three Months Ended
 
(millions of dollars)
 
Apr. 3,
2022
   
Apr. 4,
2021
 
             
Household, Personal Care & Specialty Products
 
$
142.5
   
$
109.4
 
Metalcasting
   
80.2
     
81.7
 
Environmental Products
   
35.9
     
26.0
 
Building Materials
   
13.5
     
13.8
 
Paper PCC
   
96.8
     
89.6
 
Specialty PCC
   
24.2
     
20.4
 
Ground Calcium Carbonate
   
26.5
     
24.0
 
Talc
   
15.6
     
13.8
 
Refractory Products
   
64.8
     
58.8
 
Metallurgical Products
   
19.1
     
15.1
 
Total
 
$
519.1
   
$
452.6