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Segment Information (Tables)

12 Months Ended

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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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.

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