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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Financial information by reportable segment for the years ended December 31 is included in the following summary:
|  | Net Sales |  |  | Adjusted EBITDA |
| In millions | 2023 |  | 2022 |  | 2021 |  |  | 2023 |  | 2022 |  | 2021 |
| Gas Cylinders segment | $ | 186.4 |  |  | $ | 183.7 |  |  | $ | 178.3 |  |  |  | $ | 16.7 |  |  | $ | 12.8 |  |  | $ | 22.7 |  |
| Elektron segment | 187.1 |  |  | 201.0 |  |  | 155.7 |  |  |  | 26.6 |  |  | 42.5 |  |  | 34.1 |  |
| Graphic Arts segment | 31.5 |  | 38.7 |  | 40.1 |  |  | (4.5) |  |  | 7.8 |  | 6.6 |
| Consolidated | $ | 405.0 |  |  | $ | 423.4 |  |  | $ | 374.1 |  |  |  | $ | 38.8 |  |  | $ | 63.1 |  |  | $ | 63.4 |  |
During 2023 there were $0.7 million sales made between our Elektron segment and Graphic Arts segment (2022: $0.4 million and 2021: nil) (1) Adjusted EBITA is adjusted EBITDA less depreciation and loss on disposal of property, plant and equipment. 17. Segment Information (continued)
|  | Depreciation and amortization |  |  | Restructuring Charges |
| In millions | 2023 |  | 2022 |  | 2021 |  |  | 2023 |  | 2022 |  | 2021 |
| Gas Cylinders segment | $ | 4.1 |  |  | $ | 4.8 |  |  | $ | 5.8 |  |  |  | $ | 5.9 |  |  | $ | 1.7 |  |  | $ | 5.3 |  |
| Elektron segment | 6.6 |  |  | 6.6 |  |  | 7.4 |  |  |  | 0.5 |  |  | 0.2 |  |  | 0.9 |  |
| Graphic Arts segment | 2.0 |  |  | 2.2 |  | 2.4 |  |  | — |  |  | — |  |  | — |  |
| Consolidated | $ | 12.7 |  |  | $ | 13.6 |  |  | $ | 15.6 |  |  |  | $ | 6.4 |  |  | $ | 1.9 |  |  | $ | 6.2 |  |
|  | Total assets |  | Capital expenditure |
| In millions | 2023 |  | 2022 |  | 2023 |  | 2022 |  | 2021 |
| Gas Cylinders segment | $ | 131.0 |  |  | $ | 133.1 |  |  | $ | 2.1 |  |  | $ | 1.2 |  |  | $ | 1.0 |  |
| Elektron segment | 162.4 |  |  | 172.5 |  |  | 6.1 |  |  | 6.7 |  |  | 6.9 |  |
| Graphic Arts segment | 19.6 |  | 43.9 |  | 1.0 |  | 0.7 |  | 1.0 |
| Other | 51.3 |  |  | 49.5 |  |  | — |  |  | — |  |  | — |  |
| Discontinued operations | 7.8 |  |  | 8.1 |  |  | 0.1 |  |  | — |  |  | 0.1 |  |
|  | $ | 372.1 |  |  | $ | 407.1 |  |  | $ | 9.3 |  |  | $ | 8.6 |  |  | $ | 9.0 |  |
` The following table presents a reconciliation of Adjusted EBITDA to net income from continuing operations:
| In millions | 2023 |  | 2022 |  | 2021 |
| Adjusted EBITDA | $ | 38.8 |  |  | $ | 63.1 |  |  | $ | 63.4 |  |
| Share-based compensation charges | (2.8) |  |  | (2.5) |  |  | (2.8) |  |
| Depreciation and amortization | (12.7) |  |  | (13.6) |  |  | (15.6) |  |
| Restructuring charges | (6.4) |  |  | (1.9) |  |  | (6.2) |  |
| Impairment charges | (12.7) |  |  | — |  |  | — |  |
| Acquisition and disposal costs | — |  |  | (0.3) |  |  | (1.5) |  |
| Other charges | — |  |  | — |  |  | (1.1) |  |
| Defined benefits pension (charge) / credit | (7.6) |  |  | 0.1 |  |  | 2.3 |  |
| Interest expense, net | (6.3) |  |  | (3.9) |  |  | (3.1) |  |
| Credit / (provision) for taxes | 7.1 |  |  | (9.0) |  |  | (5.4) |  |
| Net income from continuing operations | $ | (2.6) |  |  | $ | 32.0 |  |  | $ | 30.0 |  |
The following tables present certain geographic information by geographic region for the years ended December 31:
|  | Net Sales(1) |
|  | 2023 |  | 2022 |  | 2021 |
|  | $M | Percent |  | $M | Percent |  | $M | Percent |
| United States | $ | 243.1 |  | 60.0 | % |  | $ | 243.3 |  | 57.5 | % |  | $ | 207.8 |  | 55.6 | % |
| U.K. | 19.7 |  | 4.9 | % |  | 20.6 |  | 4.9 | % |  | 24.4 |  | 6.6 | % |
| Japan | 19.3 |  | 4.8 | % |  | 18.2 |  | 4.3 | % |  | 9.8 |  | 2.6 | % |
| Germany | 19.2 |  | 4.7 | % |  | 19.2 |  | 4.5 | % |  | 17.7 |  | 4.7 | % |
| Canada | 11.2 |  | 2.8 | % |  | 12.8 |  | 3.0 | % |  | 11.4 |  | 3.0 | % |
| Top five countries | $ | 312.5 |  | 77.2 | % |  | $ | 314.1 |  | 74.2 | % |  | $ | 271.1 |  | 72.5 | % |
| Rest of Europe | 47.5 |  | 11.7 | % |  | 49.4 |  | 11.7 | % |  | 49.3 |  | 13.2 | % |
| Asia Pacific | 28.0 |  | 6.9 | % |  | 39.1 |  | 9.2 | % |  | 43.9 |  | 11.7 | % |
| Other (2) | 17.0 |  | 4.2 | % |  | 20.8 |  | 4.9 | % |  | 9.8 |  | 2.6 | % |
|  | $ | 405.0 |  |  |  | $ | 423.4 |  |  |  | $ | 374.1 |  |  |
(1) Net sales are based on the geographic destination of sale. (2) Other includes South America, Latin America and Brazil. 17. Segment Information (continued)
Revenue from External Customers and Long-term Assets by Geographic Areas |
|  |  | Property, plant and equipment, net |
| In millions |  | 2023 |  | 2022 |
| United States |  | $ | 26.8 |  |  | $ | 41.6 |  |
| United Kingdom |  | 32.8 |  |  | 32.0 |  |
| Canada |  | 2.9 |  | 2.8 |
| Rest of Europe |  | 1.0 |  |  | 1.0 |  |
| Asia Pacific |  | 0.3 |  |  | 0.3 |  |
|  |  | $ | 63.8 |  |  | $ | 77.7 |  |
(1) Net sales are based on the geographic destination of sale. (2) Other includes South America, Latin America and Brazil.

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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