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Segmental Information (Tables)

9 Months Ended

Sep. 25, 2022

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 25, 2022, and September 26, 2021, is included in the following summary:

						Net sales																								Adjusted EBITDA
						Third Quarter												Year-to-date												Third Quarter												Year-to-date
			In millions			2022						2021						2022						2021						2022						2021						2022						2021
			Gas Cylinders segment			$	43.4					$	45.6					$	131.9					$	128.3					$	3.4					$	5.4					$	9.8					$	16.7
			Elektron segment			56.8						45.6						174.8						147.1						12.7						8.4						39.3						32.1
			Consolidated			$	100.2					$	91.2					$	306.7					$	275.4					$	16.1					$	13.8					$	49.1					$	48.8

						Depreciation and amortization																								Restructuring charges
						Third Quarter												Year-to-date												Third Quarter												Year-to-date
			In millions			2022						2021						2022						2021						2022						2021						2022						2021
			Gas Cylinders segment			$	1.2					$	1.4					$	3.8					$	3.9					$	0.3					$	0.5					$	1.8					$	1.1
			Elektron segment			2.1						2.4						6.6						7.3						—						—						0.2						1.0
			Consolidated			$	3.3					$	3.8					$	10.4					$	11.2					$	0.3					$	0.5					$	2.0					$	2.1

14.    Segmental Information (continued)

						Total assets																		Capital expenditures
						September 25,						December 31,												Third Quarter												Year-to-date
			In millions			2022						2021												2022						2021						2022						2021
			Gas Cylinders segment			$	131.0					$	122.7											$	0.4					$	0.2					$	0.8					$	0.7
			Elektron segment			213.1						206.5												2.1						1.8						4.7						4.9
			Other			40.4						34.8												—						—						—						—
			Discontinued operations			$	7.9					$	4.8											$	—					$	—					$	—					$	—
			Consolidated			$	392.4					$	368.8											$	2.5					$	2.0					$	5.5					$	5.6

Property, Plant and Equipment, Net by Geographic Region

						Property, plant and equipment, net
						September 25,						December 31,
			In millions			2022						2021
			U.S.			$	42.2					$	46.9
			United Kingdom			28.8						36.0
			Canada			2.9						3.3
			Rest of Europe			0.9						1.0
			Asia Pacific			0.2						0.3
						$	75.0					$	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:

						Third Quarter												Year-to-date
			In millions			2022						2021						2022						2021
			Adjusted EBITDA			$	16.1					$	13.8					$	49.1					$	48.8
			Other share-based compensation charges			(0.9)						(0.8)						(1.8)						(2.2)
			Depreciation and amortization			(3.3)						(3.8)						(10.4)						(11.2)
			Gain on disposal of property, plant and equipment			—						—						0.2						—
			Restructuring charges			(0.3)						(0.5)						(2.0)						(2.1)
			Acquisition and disposal related costs			—						(0.6)						(0.3)						(1.5)
			Other charges			—						—						—						(1.1)
			Defined benefits pension credit			0.2						0.6						0.9						1.8
			Interest expense, net			(1.0)						(0.8)						(2.7)						(2.4)
			Net income before income taxes from continuing operations			$	10.8					$	7.9					$	33.0					$	30.1

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 ended September 25, 2022, and September 26, 2021:

						Net Sales(1)
						Third Quarter																		Year-to-date
						2022									2021									2022									2021
						$M			Percent						$M			Percent						$M			Percent						$M			Percent
			United States			$	57.0		56.8		%				$	49.4		54.2		%				$	174.0		56.8		%				$	151.8		55.1		%
			U.K.			4.6			4.6		%				6.5			7.1		%				16.0			5.2		%				17.5			6.4		%
			Germany			4.4			4.4		%				5.1			5.6		%				15.3			5.0		%				13.2			4.8		%
			France			1.8			1.8		%				2.6			2.9		%				6.7			2.2		%				9.3			3.4		%
			Italy			2.5			2.5		%				3.5			3.8		%				8.4			2.7		%				9.5			3.4		%
			Top five countries			$	70.3		70.1		%				$	67.1		73.6		%				$	220.4		71.9		%				$	201.3		73.1		%
			Rest of Europe			6.7			6.7		%				4.9			5.4		%				19.1			6.2		%				19.0			6.9		%
			Asia Pacific			18.3			18.3		%				13.7			15.0		%				50.7			16.5		%				38.1			13.8		%
			Other (2)			4.9			4.9		%				5.5			6.0		%				16.5			5.4		%				17.0			6.2		%
						$	100.2								$	91.2								$	306.7								$	275.4

(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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