XML 36 R25.htm IDEA: XBRL DOCUMENT v3.21.1
Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment Reporting
The Company evaluates the performance of its segments based on operating income. The following tables analyze sales and other financial information by the Company’s reportable segments:
 
    
Three Months Ended

March 31
 
(in millions)
  
2021
    
2020
 
Net Sales:
                 
Refinery and Performance
   $ 99.3      $ 108.6  
Other
     40.0        38.4  
    
 
 
    
 
 
 
Fuel Specialties
     139.3        147.0  
    
 
 
    
 
 
 
Personal Care
     68.2        63.0  
Home Care
     23.0        21.6  
Other
     34.7        28.5  
    
 
 
    
 
 
 
Performance Chemicals
     125.9        113.1  
    
 
 
    
 
 
 
Oilfield Services
     74.4        112.2  
    
 
 
    
 
 
 
     $ 339.6      $ 372.3  
    
 
 
    
 
 
 
Gross profit/(loss):
                 
Fuel Specialties
   $ 44.9      $ 51.2  
Performance Chemicals
     31.4        27.6  
Oilfield Services
     24.5        36.2  
Octane Additives
     0.0        (1.1
    
 
 
    
 
 
 
     $ 100.8      $ 113.9  
    
 
 
    
 
 
 
Operating income/(loss):
                 
Fuel Specialties
   $ 23.8      $ 32.1  
Performance Chemicals
     18.3        15.6  
Oilfield Services
     1.2        7.2  
Octane Additives
     0.0        (1.2
Corporate costs
     (15.1      (12.8
    
 
 
    
 
 
 
Total operating income
   $ 28.2      $ 40.9