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Segmental Information (Tables)

3 Months Ended

Mar. 29, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment for the First Quarter ended March 29, 2020, and March 31, 2019, is included in the following summary:

		Net sales									Adjusted EBITDA
	In millions	2020				2019					2020				2019
	Gas Cylinders segment	$	52.6			$	58.4				$	3.5			$	4.5
	Elektron segment	51.2				62.0					11.6				14.0
	Consolidated	$	103.8			$	120.4				$	15.1			$	18.5

		Depreciation and amortization									Restructuring charges
	In millions	2020				2019					2020				2019
	Gas Cylinders segment	$	1.2			$	1.4				$	2.6			$	8.9
	Elektron segment	2.4				2.3					—				0.1
	Other	—				—					0.2				—
	Consolidated	$	3.6			$	3.7				$	2.8			$	9.0

⁽¹⁾ Adjusted EBITA is adjusted EBITDA less depreciation.

14.    Segmental Information (continued)

		Total assets									Capital expenditures
	In millions	2020				2019					2020				2019
	Gas Cylinders segment	$	156.6			$	156.0				$	0.5			$	1.1
	Elektron segment	201.7				200.8					1.1				2.6
	Other	34.2				33.5					—				—
		$	392.5			$	390.3				$	1.6			$	3.7

			Property, plant and equipment, net
	In millions		2020				2019
	United States		$	56.0			$	57.3
	United Kingdom		33.7				36.7
	Rest of Europe		1.0				1.0
	Asia Pacific		0.3				0.3
	Other (2)		3.3				3.6
			$	94.3			$	98.9

Property, plant and equipment, net by geographic region

			Property, plant and equipment, net
	In millions		2020				2019
	United States		$	56.0			$	57.3
	United Kingdom		33.7				36.7
	Rest of Europe		1.0				1.0
	Asia Pacific		0.3				0.3
	Other (2)		3.3				3.6
			$	94.3			$	98.9

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

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

	In millions	2020				2019
	Adjusted EBITDA	$	15.1			$	18.5
	Other share-based compensation charges	(0.5		)		(2.6		)
	Depreciation and amortization	(3.6		)		(3.7		)
	Restructuring charges	(2.8		)		(9.0		)
	Impairment charges	—				0.2
	Acquisition costs	(0.2		)		(4.6		)
	Defined benefits pension pension credit	1.1				0.6
	Interest expense, net	(1.2		)		(1.1		)
	Provision for income taxes	(1.7		)		(2.1		)
	Net income	$	6.2			$	(3.8	)

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

The following tables present certain geographic information by geographic region for the First Quarter ended March 29, 2020, and March 31, 2019:

		Net Sales(1)
		2020						2019
		$M			Percent			$M			Percent
	United States	$	59.7		57.5	%		$	61.4		51.0	%
	U.K.	7.4			7.1	%		11.5			9.6	%
	Germany	3.6			3.5	%		8.2			6.8	%
	Italy	4.4			4.2	%		6.5			5.4	%
	France	4.6			4.4	%		5.2			4.3	%
	Top five countries	$	79.7		76.8	%		$	92.8		77.1	%
	Rest of Europe	7.1			6.8	%		11.8			9.8	%
	Asia Pacific	11.5			11.1	%		11.6			9.6	%
	Other (2)	5.5			5.3	%		4.2			3.5	%
		$	103.8					$	120.4

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

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

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