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Segment and Related Information | 3 Months Ended
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Mar. 31, 2024
Segment and Related Information [Abstract] |
Segment and Related Information | Note 13. Segment and Related Information The Company has two reportable segments: Consumer & Specialties and Engineered Solutions. See Note 1 to the Condensed Consolidated Financial Statements. Segment information for the three-month periods ended March 31, 2024 and April 2, 2023 is as follows:
|  | Three Months Ended |
(in millions of dollars) |  | Mar. 31, 2024 |  |  | Apr. 2, 2023 |
Net Sales |  |  |  |  |  |
Consumer & Specialties |  | $ | 296.9 |  |  | $ | 297.3 |
Engineered Solutions |  |  | 237.6 |  |  |  | 248.8 |
Total |  | $ | 534.5 |  |  | $ | 546.1 |
Income from Operations |  |  |  |  |  |  |  |
Consumer & Specialties |  | $ | 42.0 |  |  | $ | 32.2 |
Engineered Solutions |  |  | 38.5 |  |  |  | 35.3 |
Total |  | $ | 80.5 |  |  | $ | 67.5 |
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 |
(in millions of dollars) |  | Mar. 31, 2024 |  |  | Apr. 2, 2023 |
Income from operations for reportable segments |  | $ | 80.5 |  |  | $ | 67.5 |
Acquisition-related expenses |  |  | — |  |  |  | (0.1 | )
Litigation expenses |  |  | (2.1 | ) |  |  | — |
Unallocated and other corporate expenses |  |  | (3.2 | ) |  |  | (4.4 | )
Consolidated income from operations |  |  | 75.2 |  |  |  | 63.0 |
Non-operating deductions, net |  |  | (15.1 | ) |  |  | (15.3 | )
Income before tax and equity in earnings |  | $ | 60.1 |  |  | $ | 47.7 |
The Company's sales by product category are as follows:
|  | Three Months Ended |
(in millions of dollars) |  | Mar. 31, 2024 |  |  | Apr. 2, 2023 |
Household & Personal Care |  | $ | 138.4 |  |  | $ | 129.2 |
Specialty Additives |  |  | 158.5 |  |  |  | 168.1 |
High-Temperature Technologies |  |  | 177.3 |  |  |  | 178.6 |
Environmental & Infrastructure |  |  | 60.3 |  |  |  | 70.2 |
Total |  | $ | 534.5 |  |  | $ | 546.1 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-15 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//280/tableOfContent Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 26 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-26 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 34 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-34 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-21 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32 + Details
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