XML 26 R12.htm IDEA: XBRL DOCUMENT
v3.19.3

Revenue | 9 Months Ended
--- | ---
Sep. 29, 2019
Revenue from Contract with Customer [Abstract] |
Revenue | Revenue Disaggregated sales disclosures for the quarter ended and year-to-date ended September 29, 2019, and September 30, 2018, are included below and in Note 14, Segmental Information.
|  | Third Quarter |
|  | 2019 |  | 2018 |
| In millions | Gas Cylinders | Elektron | Total |  | Gas Cylinders | Elektron | Total |
| General industrial | $ | 10.1 |  | $ | 29.0 |  | $ | 39.1 |  |  | $ | 13.4 |  | $ | 38.3 |  | $ | 51.7 |  |
| Transportation | 20.8 |  | 11.9 |  | 32.7 |  |  | 21.0 |  | 18.1 |  | 39.1 |  |
| Defense and emergency | 17.8 |  | 11.5 |  | 29.3 |  |  | 20.4 |  | 10.3 |  | 30.7 |  |
| Healthcare | 5.5 |  | 0.5 |  | 6.0 |  |  | 7.4 |  | 0.2 |  | 7.6 |  |
|  | $ | 54.2 |  | $ | 52.9 |  | $ | 107.1 |  |  | $ | 62.2 |  | $ | 66.9 |  | $ | 129.1 |  |
|  | Year-to-date |
|  | 2019 |  | 2018 |
| In millions | Gas Cylinders | Elektron | Total |  | Gas Cylinders | Elektron | Total |
| General industrial | $ | 34.2 |  | $ | 88.1 |  | $ | 122.3 |  |  | $ | 40.2 |  | $ | 99.3 |  | $ | 139.5 |  |
| Transportation | 65.8 |  | 48.2 |  | 114.0 |  |  | 57.3 |  | 55.2 |  | 112.5 |  |
| Defense and emergency | 55.2 |  | 34.2 |  | 89.4 |  |  | 62.3 |  | 38.4 |  | 100.7 |  |
| Healthcare | 15.5 |  | 2.8 |  | 18.3 |  |  | 22.1 |  | 2.2 |  | 24.3 |  |
|  | $ | 170.7 |  | $ | 173.3 |  | $ | 344.0 |  |  | $ | 181.9 |  | $ | 195.1 |  | $ | 377.0 |  |
The Company’s performance obligations are satisfied over time as work progresses or at a point in time. Design and tooling arrangements are the only contracts for which sales are recognized over time. Sales from these sources combined accounted for less than 1% of the Company’s sales for the quarters ended and year-to-date ended September 29, 2019, and September 30, 2018. All consideration from contracts with customers is included in these amounts. The following table provides information about contract receivables, contract assets and contract liabilities from contracts with customers:
| In millions | September 29, 2019 |  | December 31, 2018 |
| Contract receivables | $ | 1.6 |  |  | $ | 1.5 |  |
| Contract assets | 1.6 |  |  | 2.1 |  |
| Contract liabilities | $ | (0.4 | ) |  | $ | (1.1 | ) |
Contract assets consist of $1.6 million accrued unbilled amounts relating to tooling revenue and are recognized in prepayments and accrued income in the condensed consolidated balance sheets. Of the $2.1 million contract assets recognized as of December 31, 2018, $1.6 million was billed to customers and transferred to receivables as of September 29, 2019. Contract liabilities of $0.4 million consist of advance payments and billing above costs incurred and are recognized as other current liabilities in the condensed consolidated balance sheets. Significant changes in contract liabilities balances during the period are as follows:
| In millions | 2019 |
| As at January 1, | $ | (1.1 | ) |
| Payments received / amounts billed | (0.6 | ) |
| Costs incurred / revenue recognized | 1.3 |  |
| As at September 29, | $ | (0.4 | ) |

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

X
- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -URI http://asc.fasb.org/topic&trid=2122369 + Details
Name: | us-gaap_RevenueFromContractWithCustomerTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration