Segmental Information Segmental Information (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment for the years ended December 31, is included in the following summary:



	Net Sales						Adjusted EBITDA
In millions	2018		2017		2016		2018		2017		2016
Gas Cylinders segment	$	238.1	$	220.2	$	225.8	$	23.4	$	17.0	$	18.3
Elektron segment	249.8		221.1		189.0		56.2		42.3		33.0
Consolidated	$	487.9	$	441.3	$	414.8	$	79.6	$	59.3	$	51.3



	Depreciation and amortization						Restructuring Charges
In millions	2018		2017		2016		2018		2017		2016
Gas Cylinders segment	$	7.3	$	7.2	$	7.4	$	10.0	$	2.9	$	—
Elektron segment	11.7		11.1		10.6		3.4		5.5		0.4
Consolidated	$	19.0	$	18.3	$	18.0	$	13.4	$	8.4	$	0.4

⁽¹⁾Adjusted EBITA is adjusted EBITDA less depreciation and loss on disposal of property, plant and equipment.

15. Segmental Information (continued)



	Total assets						Capital expenditure
In millions	2018		2017		2016		2018		2017		2016
Gas Cylinders segment	$	145.6	$	156.9	$	151.9	$	2.8	$	3.5	$	7.2
Elektron segment	210.5		210.4		190.9		10.5		5.8		10.1
Other	34.3		48.5		57.0		0.3		0.7		—
	$	390.4	$	415.8	$	399.8	$	13.6	$	10.0	$	17.3

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The following table presents a reconciliation of Adjusted EBITDA to net income:



In millions	2018			2017			2016
Adjusted EBITDA	$	79.6		$	59.3		$	51.3
Other share based compensation charges	(4.8		)	(2.2		)	(1.4		)
Loss on disposal of property, plant and equipment	(0.3		)	—			(0.2		)
Depreciation and amortization	(19.0		)	(18.3		)	(18.0		)
Unwind discount on deferred consideration	(0.2		)	(0.2		)	(0.4		)
Restructuring charges	(13.4		)	(8.4		)	(0.4		)
Impairment charge	(7.2		)	(3.7		)	—
Acquisition (costs) / credit	(4.3		)	1.3			—
Other charges ⁽¹⁾	—			(5.8		)	—
Other general income	—			—			2.5
Defined benefits pension mark-to-market gain / (loss)	4.7			4.2			(2.8		)
Interest expense, net	(4.6		)	(6.3		)	(6.0		)
Provision for taxes	(5.5		)	(3.3		)	(6.8		)
Net income	$	25.0		$	16.6		$	17.8

⁽¹⁾ Other charges include costs incurred on: settlement and other legal expenses incurred in relation to patent infringement litigation against a competitor; and costs incurred in relation to the conversion of the Company's ADR listing to a direct listing of ordinary shares on the New York Stock Exchange.

Revenue from External Customers and Long-term Assets by Geographic Areas

The following tables present certain geographic information by geographic region for the years ended December 31,:



	Net Sales
	2018				2017				2016
	$M		Percent		$M		Percent		$M		Percent
United States	$	249.2	51.1	%	$	224.1	50.8	%	$	211.3	50.9	%
U.K.	47.6		9.8	%	40.4		9.2	%	36.5		8.8	%
Germany	42.0		8.6	%	36.8		8.3	%	32.2		7.8	%
Italy	23.3		4.8	%	19.0		4.3	%	19.6		4.7	%
France	17.0		3.4	%	16.0		3.6	%	15.0		3.6	%
Top five countries	$	379.1	77.7	%	$	336.3	76.2	%	$	314.6	75.8	%
Rest of Europe	33.2		6.8	%	31.1		7.0	%	27.4		6.6	%
Asia Pacific	53.0		10.9	%	47.5		10.8	%	45.6		11.0	%
Other ⁽²⁾	22.6		4.6	%	26.4		6.0	%	27.2		6.6	%
	$	487.9			$	441.3			$	414.8



	Property, plant and equipment, net
In millions	2018		2017		2016
United States	$	66.1	$	75.4	$	77.5
United Kingdom	36.0		36.6		34.3
Rest of Europe	1.1		13.1		12.8
Asia Pacific	0.3		0.2		0.2
Other ⁽²⁾	3.4		3.8		3.8
	$	106.9	$	129.1	$	128.6

(1) Net sales are based on the geographic destination of sale.

(2) Other includes Canada, South America, Latin America and Africa.