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Segmental Reporting and Geographical Area Data (Tables) | 12 Months Ended
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Dec. 31, 2014
Segment Reporting [Abstract] |
Segmental Reporting | The following table analyzes sales and other financial information by the Company’s reportable segments:
(in millions) |  | 2014 |  |  | 2013 |  |  | 2012 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Fuel Specialties |  | $ | 682.2 |  |  | $ | 567.4 |  |  | $ | 527.2 |
Performance Chemicals |  |  | 223.5 |  |  |  | 192.4 |  |  |  | 179.6 |
Octane Additives |  |  | 55.2 |  |  |  | 59.0 |  |  |  | 69.6 |
|  | $ | 960.9 |  |  | $ | 818.8 |  |  | $ | 776.4 |
Gross profit: |  |  |  |  |  |  |  |  |  |  |  |
Fuel Specialties |  | $ | 219.0 |  |  | $ | 181.1 |  |  | $ | 158.7 |
Performance Chemicals |  |  | 54.4 |  |  |  | 46.3 |  |  |  | 43.8 |
Octane Additives |  |  | 28.6 |  |  |  | 27.8 |  |  |  | 33.9 |
|  | $ | 302.0 |  |  | $ | 255.2 |  |  | $ | 236.4 |
Operating income: |  |  |  |  |  |  |  |  |  |  |  |
Fuel Specialties |  | $ | 104.4 |  |  | $ | 92.7 |  |  | $ | 87.6 |
Performance Chemicals |  |  | 25.6 |  |  |  | 23.6 |  |  |  | 24.3 |
Octane Additives |  |  | 22.6 |  |  |  | 21.5 |  |  |  | 26.0 |
Pension credit/(charge) |  |  | (3.3 | ) |  |  | (2.3 | ) |  |  | (1.6 | )
Corporate costs |  |  | (38.7 | ) |  |  | (43.6 | ) |  |  | (38.6 | )
Fair value of contingent consideration |  |  | 1.9 |  |  |  | 0.0 |  |  |  | 0.0 |
Impairment of Octane Additives segment goodwill |  |  | 0.0 |  |  |  | (1.3 | ) |  |  | (1.2 | )
Total operating income |  | $ | 112.5 |  |  | $ | 90.6 |  |  | $ | 96.5 |
Identifiable assets at year end: |  |  |  |  |  |  |  |  |  |  |  |
Fuel Specialties |  | $ | 676.9 |  |  | $ | 446.4 |  |  | $ | 356.6 |
Performance Chemicals |  |  | 181.0 |  |  |  | 176.8 |  |  |  | 113.4 |
Octane Additives |  |  | 29.2 |  |  |  | 42.0 |  |  |  | 48.9 |
Corporate |  |  | 112.8 |  |  |  | 129.5 |  |  |  | 60.5 |
|  | $ | 999.9 |  |  | $ | 794.7 |  |  | $ | 579.4 |
Segment Reporting on Basis of Geographical Location | Goodwill has not been allocated by geographical location on the grounds that it would be impracticable to do so.
(in millions) |  | 2014 |  |  | 2013 |  |  | 2012 |
Net sales by source: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 468.6 |  |  | $ | 276.1 |  |  | $ | 274.1 |
United Kingdom |  |  | 486.1 |  |  |  | 502.4 |  |  |  | 475.1 |
Rest of Europe |  |  | 146.9 |  |  |  | 129.1 |  |  |  | 142.8 |
Rest of World |  |  | 21.4 |  |  |  | 0.2 |  |  |  | 0.5 |
Sales between areas |  |  | (162.1 | ) |  |  | (89.0 | ) |  |  | (116.1 | )
|  | $ | 960.9 |  |  | $ | 818.8 |  |  | $ | 776.4 |
Income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 15.2 |  |  | $ | 10.0 |  |  | $ | 5.6 |
United Kingdom |  |  | 57.8 |  |  |  | 43.7 |  |  |  | 36.3 |
Rest of Europe |  |  | 39.3 |  |  |  | 40.4 |  |  |  | 52.6 |
Rest of World |  |  | (1.4 | ) |  |  | 0.0 |  |  |  | 0.0 |
Impairment of Octane Additives segment goodwill |  |  | 0.0 |  |  |  | (1.3 | ) |  |  | (1.2 | )
|  | $ | 110.9 |  |  | $ | 92.8 |  |  | $ | 93.3 |
Long-lived assets at year end: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 197.9 |  |  | $ | 148.2 |  |  | $ | 31.5 |
United Kingdom |  |  | 54.1 |  |  |  | 29.4 |  |  |  | 28.7 |
Rest of Europe |  |  | 10.4 |  |  |  | 11.5 |  |  |  | 11.5 |
Rest of World |  |  | 0.6 |  |  |  | 0.0 |  |  |  | 0.0 |
|  | $ | 263.0 |  |  | $ | 189.1 |  |  | $ | 71.7 |
Identifiable assets at year end: |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 449.3 |  |  | $ | 291.7 |  |  | $ | 174.1 |
United Kingdom |  |  | 216.4 |  |  |  | 261.5 |  |  |  | 192.1 |
Rest of Europe |  |  | 39.0 |  |  |  | 53.2 |  |  |  | 63.8 |
Rest of World |  |  | 19.1 |  |  |  | 0.4 |  |  |  | 0.4 |
Goodwill |  |  | 276.1 |  |  |  | 187.9 |  |  |  | 149.0 |
|  | $ | 999.9 |  |  | $ | 794.7 |  |  | $ | 579.4 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 1 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
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- 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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
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