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Segmental Information (Tables)

3 Months Ended

Apr. 02, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information by reportable segment for the Quarters ended April 2, 2023, and March 27, 2022, is included in the following summary:

						Net sales									Adjusted EBITDA
						First Quarter															First Quarter
			In millions			2023						2022																		2023						2022
			Gas Cylinders segment			$	41.5					$	42.4																	$	2.5					$	2.7
			Elektron segment			59.8						54.6																		8.8						13.4
			Consolidated			$	101.3					$	97.0																	$	11.3					$	16.1

						Depreciation and amortization									Restructuring charges
						First Quarter															First Quarter
			In millions			2023						2022																		2023						2022
			Gas Cylinders segment			$	1.1					$	1.4																	$	0.3					$	1.4
			Elektron segment			2.2						2.3																		—						—
			Consolidated			$	3.3					$	3.7																	$	0.3					$	1.4

13.    Segmental Information (continued)

						Total assets												Capital expenditures
						First Quarter,						December 31,												First Quarter
			In millions			2023						2022												2023						2022
			Gas Cylinders segment			$	143.3					$	133.1											$	0.3					$	0.2
			Elektron segment			234.4						216.4												1.7						0.8
			Other			36.8						49.5												—						—
			Discontinued operations			$	6.6					$	8.1											$	(0.1)					$	—
			Consolidated			$	421.1					$	407.1											$	1.9					$	1.0

Property, Plant and Equipment, Net by Geographic Region

						Property, plant and equipment, net
						First Quarter						December 31,
			In millions			2023						2022
			U.S.			$	40.5					$	41.6
			United Kingdom			33.0						32.0
			Canada			2.7						2.8
			Rest of Europe			1.0						1.0
			Asia Pacific			0.4						0.3
						$	77.6					$	77.7

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

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

						First Quarter
			In millions			2023						2022
			Adjusted EBITDA			$	11.3					$	16.1
			Other share-based compensation charges			(0.6)						(0.2)
			Depreciation and amortization			(3.3)						(3.7)
			Restructuring charges			(0.3)						(1.4)
			Acquisition and disposal related costs			—						(0.2)
			Defined benefits pension credit			(8.9)						0.4
			Interest expense, net			(1.3)						(0.8)
			Net (loss) / income before income taxes from continuing operations			$	(3.1)					$	10.2

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 April 2, 2023, and March 27, 2022:

						Net Sales(1)
						First Quarter
						2023									2022
						$M			Percent						$M			Percent
			United States			$	57.7		57.0		%				$	55.3		57.0		%
			U.K.			5.6			5.5		%				5.4			5.6		%
			Germany			6.3			6.2		%				4.5			4.6		%
			France			2.1			2.1		%				3.5			3.6		%
			Italy			3.3			3.3		%				2.3			2.4		%
			Top five countries			$	75.0		74.1		%				$	71.0		73.2		%
			Rest of Europe			7.4			7.3		%				6.0			6.2		%
			Asia Pacific			14.8			14.6		%				14.6			15.1		%
			Other (2)			4.1			4.0		%				5.4			5.6		%
						$	101.3								$	97.0

(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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