XML 55 R38.htm IDEA: XBRL DOCUMENT
v3.22.4

Business Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Net Sales and Income from Operation by Business Segment |
(table only in thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Net Sales (less intra-, inter-segment sales) |  |  |  |  |  |  |  |  |
Engineered Systems segment |  | $ | 263,224 |  |  | $ | 186,926 |  |  | $ | 205,494 |
Industrial Process Solutions segment |  |  | 159,403 |  |  |  | 137,214 |  |  |  | 110,517 |
Total net sales |  | $ | 422,627 |  |  | $ | 324,140 |  |  | $ | 316,011 |
(table only in thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Income from Operations |  |  |  |  |  |  |  |  |
Engineered Systems segment |  | $ | 36,200 |  |  | $ | 25,770 |  |  | $ | 34,170 |
Industrial Process Solutions segment |  |  | 22,705 |  |  |  | 15,054 |  |  |  | 7,220 |
Corporate and Other (1) |  |  | (36,744 | ) |  |  | (30,967 | ) |  |  | (28,044 | )
Income from operations |  | $ | 22,161 |  |  | $ | 9,857 |  |  | $ | 13,346 |
(1) Includes corporate compensation, professional services, information technology, acquisition and integration expenses, and other general, administrative corporate expenses.
Property and Equipment Additions, Depreciation and Amortization and Identifiable Assets |
(table only in thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Property and Equipment Additions |  |  |  |  |  |  |  |  |
Engineered Systems segment |  | $ | 203 |  |  | $ | 100 |  |  | $ | 550 |
Industrial Process Solutions segment |  |  | 879 |  |  |  | 721 |  |  |  | 1,349 |
Corporate and Other |  |  | 2,294 |  |  |  | 1,795 |  |  |  | 2,046 |
Property and equipment additions |  | $ | 3,376 |  |  | $ | 2,616 |  |  | $ | 3,945 |
(table only in thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Depreciation and Amortization |  |  |  |  |  |  |  |  |
Engineered Systems segment |  | $ | 4,672 |  |  | $ | 4,249 |  |  | $ | 4,957 |
Industrial Process Solutions segment |  |  | 4,388 |  |  |  | 4,299 |  |  |  | 4,199 |
Corporate and Other |  |  | 1,554 |  |  |  | 1,305 |  |  |  | 765 |
Depreciation and amortization |  | $ | 10,614 |  |  | $ | 9,853 |  |  | $ | 9,921 |
|  | December 31, |
(table only in thousands) |  | 2022 |  |  | 2021 |
Identifiable Assets |  |  |  |  |  |
Engineered Systems segment |  | $ | 332,820 |  |  | $ | 262,558 |
Industrial Process Solutions segment |  |  | 150,458 |  |  |  | 141,975 |
Corporate and Other (2) |  |  | 21,443 |  |  |  | 11,664 |
Identifiable assets |  | $ | 504,721 |  |  | $ | 416,197 |
(2) Corporate assets primarily consist of cash, property, plant and equipment, and income tax related assets.
Goodwill |
|  | December 31, |
(table only in thousands) |  | 2022 |  |  | 2021 |
Goodwill |  |  |  |  |  |
Engineered Systems segment |  | $ | 114,746 |  |  | $ | 99,303 |
Industrial Process Solutions segment |  |  | 68,451 |  |  |  | 61,880 |
Goodwill |  | $ | 183,197 |  |  | $ | 161,183 |
Intra-Segment and Inter-Segment Revenues | The Company has divisions that sell to each other within segments (intra-segment sales) and between segments (inter-segment sales) as indicated in the following tables:
|  | Year Ended December 31, 2022 |
|  |  |  |  |  |  |  | Less Inter-Segment Sales |  |
(table only in thousands) |  | Total Sales |  |  | Intra-Segment Sales |  |  | Industrial Process Solutions |  |  | Engineered Systems |  |  | Net Sales to Outside Customers |
Net Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Engineered Systems segment |  | $ | 278,354 |  |  | $ | (14,088 | ) |  | $ | (1,042 | ) |  | $ | — |  |  | $ | 263,224 |
Industrial Process Solutions segment |  |  | 165,220 |  |  |  | (5,536 | ) |  |  | — |  |  |  | (281 | ) |  |  | 159,403 |
Total net sales |  | $ | 443,574 |  |  | $ | (19,624 | ) |  | $ | (1,042 | ) |  | $ | (281 | ) |  | $ | 422,627 |
|  | Year Ended December 31, 2021 |
|  |  |  |  |  |  |  | Less Inter-Segment Sales |  |
(table only in thousands) |  | Total Sales |  |  | Intra-Segment Sales |  |  | Industrial Process Solutions |  |  | Engineered Systems |  |  | Net Sales to Outside Customers |
Net Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Engineered Systems segment |  | $ | 197,380 |  |  | $ | (9,483 | ) |  | $ | (971 | ) |  | $ | — |  |  | $ | 186,926 |
Industrial Process Solutions segment |  |  | 152,886 |  |  |  | (14,533 | ) |  |  | — |  |  |  | (1,139 | ) |  |  | 137,214 |
Total net sales |  | $ | 350,266 |  |  | $ | (24,016 | ) |  | $ | (971 | ) |  | $ | (1,139 | ) |  | $ | 324,140 |
|  | Year Ended December 31, 2020 |
|  |  |  |  |  |  |  | Less Inter-Segment Sales |  |
(table only in thousands) |  | Total Sales |  |  | Intra-Segment Sales |  |  | Industrial Process Solutions |  |  | Engineered Systems |  |  | Net Sales to Outside Customers |
Net Sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Engineered Systems segment |  | $ | 218,290 |  |  | $ | (11,333 | ) |  | $ | (1,463 | ) |  | $ | — |  |  | $ | 205,494 |
Industrial Process Solutions segment |  |  | 124,547 |  |  |  | (12,798 | ) |  |  | — |  |  |  | (1,232 | ) |  |  | 110,517 |
Total net sales |  | $ | 342,837 |  |  | $ | (24,131 | ) |  | $ | (1,463 | ) |  | $ | (1,232 | ) |  | $ | 316,011 |

X
- Definition Intra segment and inter segment elimination by revenue. + References No definition available. + Details
Name: | ceco_IntraSegmentAndInterSegmentEliminationByRevenueTableTextBlock
Namespace Prefix: | ceco_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (g) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1A -URI https://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 Reference 11: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 55 -Paragraph 24 -URI https://asc.fasb.org/extlink&oid=122137925&loc=d3e14258-109268 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration