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Segmental Information (Tables)

9 Months Ended

Sep. 26, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment for the Third Quarter and year-to-date ended September 26, 2021, and September 27, 2020, is included in the following summary:

						Net sales																								Adjusted EBITDA
						Third Quarter												Year-to-date												Third Quarter												Year-to-date
			In millions			2021						2020						2021						2020						2021						2020						2021						2020
			Gas Cylinders segment			$	45.6					$	32.3					$	128.3					$	107.0					$	5.4					$	7.1					$	16.7					$	16.6
			Elektron segment			45.6						45.4						147.1						135.7						8.4						6.6						32.1						23.5
			Consolidated			$	91.2					$	77.7					$	275.4					$	242.7					$	13.8					$	13.7					$	48.8					$	40.1

						Depreciation and amortization(1)																								Restructuring charges
						Third Quarter												Year-to-date												Third Quarter												Year-to-date
			In millions			2021						2020						2021						2020						2021						2020						2021						2020
			Gas Cylinders segment			$	1.4					$	1.0					$	3.9					$	2.8					$	0.5					$	3.3					$	1.1					$	6.7
			Elektron segment			2.4						2.4						7.3						7.2						—						0.9						1.0						1.0
			Other			—						—						—						—						—						—						—						0.1
			Consolidated			$	3.8					$	3.4					$	11.2					$	10.0					$	0.5					$	4.2					$	2.1					$	7.8

(1) Depreciation and amortization includes the expense recognized in relation to assets, and excludes amortization of debt issue costs.

14.    Segmental Information (continued)

						Total assets																		Capital expenditures
						September 26,						December 31,												Third Quarter												Year-to-date
			In millions			2021						2020												2021						2020						2021						2020
			Gas Cylinders segment			$	128.3					$	99.7											$	0.2					$	0.7					$	0.7					$	1.7
			Elektron segment			194.8						189.7												1.8						0.9						4.9						3.4
			Other			40.3						24.7												—						—						—						—
			Discontinued operations			6.9						32.3												—						—						—						—
			Consolidated			$	370.3					$	346.4											$	2.0					$	1.6					$	5.6					$	5.1

Property, Plant and Equipment, Net by Geographic Region

									Property, plant and equipment, net
									September 26,						December 31,
			In millions						2021						2020
			U.S.						$	47.4					$	44.3
			United Kingdom						36.3						36.6
			Canada						3.4						3.7
			Rest of Europe						1.1						1.1
			Asia Pacific						0.3						0.3
									$	88.5					$	86.0

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

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

						Third Quarter												Year-to-date
			In millions			2021						2020						2021						2020
			Adjusted EBITDA			$	13.8					$	13.7					$	48.8					$	40.1
			Other share-based compensation charges			(0.8)						(0.8)						(2.2)						(2.1)
			Depreciation and amortization			(3.8)						(3.4)						(11.2)						(10.0)
			Restructuring charges			(0.5)						(4.2)						(2.1)						(7.8)
			Acquisition and disposal related costs			(0.6)						—						(1.5)						(0.2)
			Other charges			—						—						(1.1)						—
			Defined benefits pension credit			0.6						1.1						1.8						3.3
			Interest expense, net			(0.8)						(1.2)						(2.4)						(3.5)
			Provision for income taxes			(1.9)						(2.8)						(3.6)						(5.6)
			Net income from continuing operations			$	6.0					$	2.4					$	26.5					$	14.2

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

The following tables present certain geographic information by geographic region for the Third Quarter and year-to-date ended September 26, 2021, and September 27, 2020:

						Net Sales(1)
						Third Quarter																		Year-to-date
						2021									2020									2021									2020
						$M			Percent						$M			Percent						$M			Percent						$M			Percent
			United States			$	49.4		54.2		%				$	41.1		52.9		%				$	151.8		55.1		%				$	132.8		54.8		%
			U.K.			6.5			7.1		%				4.1			5.3		%				17.5			6.4		%				13.8			5.7		%
			Germany			5.1			5.6		%				3.1			4.0		%				13.2			4.8		%				11.0			4.5		%
			France			2.6			2.9		%				4.9			6.3		%				9.3			3.4		%				14.0			5.8		%
			Italy			3.5			3.8		%				1.9			2.4		%				9.5			3.4		%				8.1			3.3		%
			Top five countries			$	67.1		73.6		%				$	55.1		70.9		%				$	201.3		73.1		%				$	179.7		74.1		%
			Rest of Europe			4.9			5.4		%				5.8			7.5		%				19.0			6.9		%				18.1			7.5		%
			Asia Pacific			13.7			15.0		%				12.1			15.6		%				38.1			13.8		%				32.9			13.5		%
			Other (2)			5.5			6.0		%				4.7			6.0		%				17.0			6.2		%				12.0			4.9		%
						$	91.2								$	77.7								$	275.4								$	242.7

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

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

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