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Segmental Information (Tables)

6 Months Ended

Jun. 26, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment for the Second Quarter and year-to-date ended June 26, 2022, and June 27, 2021, is included in the following summary:

						Net sales																								Adjusted EBITDA
						Second Quarter												Year-to-date												Second Quarter												Year-to-date
			In millions			2022						2021						2022						2021						2022						2021						2022						2021
			Gas Cylinders segment			$	46.1					$	46.5					$	88.5					$	82.7					$	3.7					$	5.3					$	6.4					$	11.3
			Elektron segment			63.4						52.5						118.0						101.5						13.2						12.0						26.6						23.7
			Consolidated			$	109.5					$	99.0					$	206.5					$	184.2					$	16.9					$	17.3					$	33.0					$	35.0

						Depreciation and amortization																								Restructuring charges
						Second Quarter												Year-to-date												Second Quarter												Year-to-date
			In millions			2022						2021						2022						2021						2022						2021						2022						2021
			Gas Cylinders segment			$	1.2					$	1.6					$	2.6					$	2.5					$	0.1					$	0.2					$	1.5					$	0.7
			Elektron segment			2.2						2.4						4.5						4.9						0.2						—						0.2						0.9
			Consolidated			$	3.4					$	4.0					$	7.1					$	7.4					$	0.3					$	0.2					$	1.7					$	1.6

14.    Segmental Information (continued)

						Total assets																		Capital expenditures
						June 26,						December 31,												Second Quarter												Year-to-date
			In millions			2022						2021												2022						2021						2022						2021
			Gas Cylinders segment			$	138.2					$	122.7											$	0.2					$	0.2					$	0.4					$	0.5
			Elektron segment			217.6						206.5												1.8						1.9						2.6						3.1
			Other			32.6						34.8												—						—												—
			Discontinued operations			$	7.8					$	4.8											$	—					$	—											$	—
			Consolidated			$	396.2					$	368.8											$	2.0					$	2.1					$	3.0					$	3.6

Property, plant and equipment, net by geographic region

									Property, plant and equipment, net
									June 26,						December 31,
			In millions						2022						2021
			U.S.						$	42.7					$	46.9
			United Kingdom						32.2						36.0
			Canada						3.2						3.3
			Rest of Europe						1.0						1.0
			Asia Pacific						0.2						0.3
									$	79.3					$	87.5

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

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

						Second Quarter												Year-to-date
			In millions			2022						2021						2022						2021
			Adjusted EBITDA			$	16.9					$	17.3					$	33.0					$	35.0
			Other share-based compensation charges			(0.7)						(0.9)						(0.9)						(1.4)
			Depreciation and amortization			(3.4)						(4.0)						(7.1)						(7.4)
			Gain on disposal of property, plant and equipment			0.2						—						0.2						—
			Restructuring charges			(0.3)						(0.2)						(1.7)						(1.6)
			Acquisition and disposal related costs			(0.1)						(0.7)						(0.3)						(0.9)
			Other charges			—						—						—						(1.1)
			Defined benefits pension credit			0.3						0.6						0.7						1.2
			Interest expense, net			(0.9)						(0.8)						(1.7)						(1.6)
			Net income before income taxes from continuing operations			$	12.0					$	11.3					$	22.2					$	22.2

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

The following tables present certain geographic information by geographic region for the Second Quarter ended June 26, 2022, and June 27, 2021:

						Net Sales(1)
						Second Quarter																		Year-to-date
						2022									2021									2022									2021
						$M			Percent						$M			Percent						$M			Percent						$M			Percent
			United States			$	61.7		56.3		%				$	55.7		56.3		%				$	117.0		56.7		%				$	102.4		55.6		%
			U.K.			6.0			5.5		%				5.7			5.8		%				11.4			5.5		%				11.0			6.0		%
			Germany			6.4			5.8		%				4.4			4.4		%				10.9			5.3		%				8.1			4.4		%
			France			2.6			2.4		%				3.4			3.4		%				4.9			2.4		%				6.7			3.6		%
			Italy			2.4			2.2		%				2.4			2.4		%				5.9			2.8		%				6.0			3.3		%
			Top five countries			$	79.1		72.2		%				$	71.6		72.3		%				$	150.1		72.7		%				$	134.2		72.9		%
			Rest of Europe			6.4			5.8		%				7.0			7.1		%				12.4			6.0		%				14.1			7.7		%
			Asia Pacific			17.8			16.3		%				13.4			13.5		%				32.4			15.7		%				24.4			13.2		%
			Other (2)			6.2			5.7		%				7.0			7.1		%				11.6			5.6		%				11.5			6.2		%
						$	109.5								$	99.0								$	206.5								$	184.2

(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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