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v3.19.3.a.u2

Segment Reporting and Geographical Area Data (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Segment Reporting | The following table analyzes sales and other financial information by the Company’s reportable segments:
(in millions) |  |  | 2019 |  |  |  | 2018 |  |  |  | 2017 |
Net Sales: |  |  |  |  |  |  |  |  |  |  |  |
Refinery and Performance |  | $ | 427.9 |  |  | $ | 432.1 |  |  | $ | 397.0 |
Other |  |  | 155.8 |  |  |  | 142.4 |  |  |  | 126.8 |
Fuel Specialties |  |  | 583.7 |  |  |  | 574.5 |  |  |  | 523.8 |
Personal Care |  |  | 228.0 |  |  |  | 241.4 |  |  |  | 206.5 |
Home Care |  |  | 93.4 |  |  |  | 109.1 |  |  |  | 103.4 |
Other |  |  | 107.3 |  |  |  | 117.6 |  |  |  | 109.6 |
Performance Chemicals |  |  | 428.7 |  |  |  | 468.1 |  |  |  | 419.5 |
Oilfield Services |  |  | 479.9 |  |  |  | 400.6 |  |  |  | 304.4 |
Octane Additives |  |  | 21.0 |  |  |  | 33.7 |  |  |  | 59.1 |
|  | $ | 1,513.3 |  |  | $ | 1,476.9 |  |  | $ | 1,306.8 |
( in millions ) |  | 2019 |  |  | 2018 |  |  | 2017 |
Gross profit: |  |  |  |  |  |  |  |  |  |  |  |
Fuel Specialties |  | $ | 204.5 |  |  | $ | 195.0 |  |  | $ | 188.2 |
Performance Chemicals |  |  | 100.1 |  |  |  | 97.5 |  |  |  | 75.8 |
Oilfield Services |  |  | 159.9 |  |  |  | 130.4 |  |  |  | 109.3 |
Octane Additives |  |  | 1.7 |  |  |  | 12.1 |  |  |  | 30.0 |
|  | $ | 466.2 |  |  | $ | 435.0 |  |  | $ | 403.3 |
Operating income/(expense): |  |  |  |  |  |  |  |  |  |  |  |
Fuel Specialties |  | $ | 116.6 |  |  | $ | 116.3 |  |  | $ | 107.7 |
Performance Chemicals |  |  | 48.7 |  |  |  | 44.7 |  |  |  | 32.6 |
Oilfield Services |  |  | 39.7 |  |  |  | 22.1 |  |  |  | 9.5 |
Octane Additives |  |  | (0.7 | ) |  |  | 9.9 |  |  |  | 26.7 |
Corporate costs |  |  | (54.4 | ) |  |  | (52.4 | ) |  |  | (48.8 | )
Restructuring charge |  |  | 0.0 |  |  |  | (7.1 | ) |  |  | 0.0 |
Loss on disposal of subsidiary |  |  | 0.0 |  |  |  | 0.0 |  |  |  | (0.9 | )
Foreign exchange loss on liquidation of subsidiary |  |  | 0.0 |  |  |  | 0.0 |  |  |  | (1.8 | )
Total operating income |  | $ | 149.9 |  |  | $ | 133.5 |  |  | $ | 125.0 |
Identifiable assets at year end: |  |  |  |  |  |  |  |  |  |  |  |
Fuel Specialties |  | $ | 499.7 |  |  | $ | 470.5 |  |  | $ | 437.0 |
Performance Chemicals |  |  | 383.3 |  |  |  | 463.9 |  |  |  | 480.8 |
Oilfield Services |  |  | 316.8 |  |  |  | 296.1 |  |  |  | 256.6 |
Octane Additives |  |  | 24.2 |  |  |  | 39.6 |  |  |  | 41.7 |
Corporate |  |  | 244.8 |  |  |  | 203.3 |  |  |  | 194.1 |
|  | $ | 1,468.8 |  |  | $ | 1,473.4 |  |  | $ | 1,410.2 |
Identifiable assets relating to the TEL operations are included within our Octane Additives segment in the table above, as they cannot be separately reported for the periods shown. Our TEL operations produce TEL for automotive gasoline, which is reported in our Octane Additives segment, and produce TEL for our AvTel product line, which is reported in our Fuel Specialties segment.
Summary of Segment Depreciation and Amortization | The following tables analyze sales and other financial information by location:
( in millions ) |  | 2019 |  |  | 2018 |  |  | 2017 |
Net sales by source: |  |  |  |  |  |  |  |  |  |  |  |
United States & North America |  | $ | 897.2 |  |  | $ | 803.1 |  |  | $ | 615.7 |
United Kingdom |  |  | 810.9 |  |  |  | 797.5 |  |  |  | 730.9 |
Rest of Europe |  |  | 115.7 |  |  |  | 143.7 |  |  |  | 143.4 |
Rest of World |  |  | 47.8 |  |  |  | 29.5 |  |  |  | 39.2 |
Sales between areas |  |  | (358.3 | ) |  |  | (296.9 | ) |  |  | (222.4 | )
|  | $ | 1,513.3 |  |  | $ | 1,476.9 |  |  | $ | 1,306.8 |
Income before income taxes: |  |  |  |  |  |  |  |  |  |  |  |
United States & North America |  | $ | 53.9 |  |  | $ | 37.1 |  |  | $ | 11.5 |
United Kingdom |  |  | 67.0 |  |  |  | 59.5 |  |  |  | 51.9 |
Rest of Europe |  |  | 27.2 |  |  |  | 32.8 |  |  |  | 63.1 |
Rest of World |  |  | 2.3 |  |  |  | 2.2 |  |  |  | 1.6 |
|  | $ | 150.4 |  |  | $ | 131.6 |  |  | $ | 128.1 |
Long-lived assets at year end: |  |  |  |  |  |  |  |  |  |  |  |
United States & North America |  | $ | 156.0 |  |  | $ | 148.6 |  |  | $ | 149.7 |
United Kingdom |  |  | 70.4 |  |  |  | 71.6 |  |  |  | 45.7 |
Rest of Europe |  |  | 116.6 |  |  |  | 112.2 |  |  |  | 163.5 |
Rest of World |  |  | 0.3 |  |  |  | 0.3 |  |  |  | 0.3 |
|  | $ | 343.3 |  |  | $ | 332.7 |  |  | $ | 359.2 |
Identifiable assets at year end: |  |  |  |  |  |  |  |  |  |  |  |
United States & North America |  | $ | 419.5 |  |  | $ | 402.5 |  |  | $ | 452.2 |
United Kingdom |  |  | 487.2 |  |  |  | 504.7 |  |  |  | 258.4 |
Rest of Europe |  |  | 163.2 |  |  |  | 173.1 |  |  |  | 317.5 |
Rest of World |  |  | 35.9 |  |  |  | 28.2 |  |  |  | 20.3 |
Goodwill |  |  | 363.0 |  |  |  | 364.9 |  |  |  | 361.8 |
|  | $ | 1,468.8 |  |  | $ | 1,473.4 |  |  | $ | 1,410.2 |

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