Segment Reporting and Geographical Area Data (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Segment Reporting

The Company evaluates the performance of its segments based on operating income. The following table analyzes sales and other financial information by the Company’s reportable segments:

(in millions)	2023			2022			2021
Net Sales:
Personal Care	$	352.7		$	393.3		$	296.1
Home Care		86.8			94.2			93.0
Other		122.1			152.2			136.2
Performance Chemicals		561.6			639.7			525.3
Refinery and Performance		540.6			552.6			445.3
Other		155.3			177.6			173.0
Fuel Specialties		695.9			730.2			618.3
Oilfield Services		691.3			593.8			339.8
	$	1,948.8		$	1,963.7		$	1,483.4
Operating income/(expense):
Performance Chemicals	$	54.5		$	95.3		$	70.9
Fuel Specialties		109.7			121.7			104.6
Oilfield Services		78.6			41.7			10.4
Corporate costs		(81.2	)		(71.4	)		(55.6	)
Profit on disposal		—			—			1.8
Total operating income	$	161.6		$	187.3		$	132.1
Identifiable assets at year-end:
Performance Chemicals	$	580.1		$	610.4		$	469.5
Fuel Specialties		529.2			500.6			571.3
Oilfield Services		310.8			297.8			230.8
Corporate		287.3			194.9			299.3
	$	1,707.4		$	1,603.7		$	1,570.9

Summary of Segment Depreciation and Amortization

The following tables analyze sales and other financial information by location:

(in millions)	2023			2022			2021
Net sales by source:
United States & North America	$	1,272.8		$	1,244.9		$	821.6
Europe		958.9			1,049.4			927.5
Rest of World		51.0			67.7			66.4
Sales between areas		(333.9	)		(398.3	)		(332.1	)
	$	1,948.8		$	1,963.7		$	1,483.4
Income before income taxes:
United States & North America	$	107.8		$	109.1		$	54.6
Europe		81.7			68.4			72.5
Rest of World		(15.1	)		7.1			7.3
	$	174.4		$	184.6		$	134.4
Long-lived assets at year-end:
United States & North America	$	156.4		$	147.0		$	137.3
Europe		193.9			163.0			167.4
Rest of World		17.3			0.2			0.2
	$	367.6		$	310.2		$	304.9
Identifiable assets at year-end:
United States & North America	$	630.2		$	570.9		$	464.9
Europe		605.9			626.3			698.4
Rest of World		72.0			47.7			43.3
Goodwill		399.3			358.8			364.3
	$	1,707.4		$	1,603.7		$	1,570.9