Segmental Reporting (Tables)

3 Months Ended

Mar. 31, 2015

The following table analyzes sales and other financial information by the Company’s reportable segments:


	Three Months Ended March 31
(in millions)	2015			2014
Net sales:
Fuel Specialties	$	199.4		$	164.2
Performance Chemicals		57.6			56.1
Octane Additives		12.2			0.4

	$	269.2		$	220.7


Gross profit:
Fuel Specialties	$	61.5		$	52.0
Performance Chemicals		14.5			13.6
Octane Additives		5.8			0.1

	$	81.8		$	65.7


Operating income:
Fuel Specialties	$	23.5		$	25.8
Performance Chemicals		6.4			6.5
Octane Additives		5.1			(1.2	)
Pension charge		0.0			(0.8	)
Corporate costs		(8.1	)		(12.3	)
Fair value of contingent consideration		(3.5	)		0.0

Total operating income	$	23.4		$	18.0

Summary of Segment Depreciation and Amortization

The following table presents a summary of the depreciation and amortization charges incurred by the Company’s reportable segments:


	Three Months Ended March 31
(in millions)	2015		2014
Depreciation:
Fuel Specialties	$	1.9	$	1.2
Performance Chemicals		0.8		0.9
Octane Additives		0.1		0.1
Corporate		0.4		0.6

	$	3.2	$	2.8


Amortization:
Fuel Specialties	$	3.2	$	2.2
Performance Chemicals		1.0		1.3
Corporate		0.9		0.9

	$	5.1	$	4.4

- 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.

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