Segment Reporting and Geographical Area Data (Tables)

12 Months Ended

Dec. 31, 2021

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)	2021		2020		2019
Net Sales:
Refinery and Performance	$	445.3	$	372.9	$	427.9
Other		173.0		139.8		155.8
Fuel Specialties		618.3		512.7		583.7
Personal Care		296.1		231.4		228.0
Home Care		93.0		87.0		93.4
Other		136.2		107.0		107.3
Performance Chemicals		525.3		425.4		428.7
Oilfield Services		339.8		255.0		479.9
Octane Additives		—		—		21.0
	$	1,483.4	$	1,193.1	$	1,513.3

(in millions)	2021			2020			2019
Gross profit/(loss):
Fuel Specialties	$	193.2		$	160.3		$	204.5
Performance Chemicals		125.2			103.8			100.1
Oilfield Services		116.5			80.8			159.9
Octane Additives		—			(2.2	)		1.7
	$	434.9		$	342.7		$	466.2
Operating income/(expense):
Fuel Specialties	$	104.6		$	84.5		$	116.6
Performance Chemicals		70.9			54.8			48.7
Oilfield Services		10.4			(9.5	)		39.7
Octane Additives		—			(2.8	)		(0.7	)
Corporate costs		(55.6	)		(52.2	)		(54.4	)
Restructuring charge		—			(21.3	)		—
Impairment of intangible assets		—			(19.8	)		—
Profit on disposal		1.8			—			—
Total operating income	$	132.1		$	33.7		$	149.9

(in millions)	2021		2020		2019
Identifiable assets at year end:
Fuel Specialties	$	571.3	$	509.7	$	499.7
Performance Chemicals		469.5		391.5		383.3
Oilfield Services		230.8		210.8		316.8
Octane Additives		—		—		24.2
Corporate		299.3		285.4		244.8
	$	1,570.9	$	1,397.4	$	1,468.8

Summary of Segment Depreciation and Amortization

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

(in millions)	2021			2020			2019
Net sales by source:
United States & North America	$	821.6		$	642.4		$	897.2
United Kingdom		811.9			689.1			810.9
Rest of Europe		115.6			83.4			115.7
Rest of World		66.4			45.6			47.8
Sales between areas		(332.1	)		(267.4	)		(358.3	)
	$	1,483.4		$	1,193.1		$	1,513.3

(in millions)	2021		2020		2019
Income before income taxes:
United States & North America	$	54.6	$	—	$	53.9
United Kingdom		46.1		16.9		67.0
Rest of Europe		26.4		19.7		27.2
Rest of World		7.3		3.1		2.3
	$	134.4	$	39.7	$	150.4
Long-lived assets at year end:
United States & North America	$	137.3	$	141.0	$	156.0
United Kingdom		55.4		61.3		70.4
Rest of Europe		112.0		123.2		116.6
Rest of World		0.2		0.2		0.3
	$	304.9	$	325.7	$	343.3
Identifiable assets at year end:
United States & North America	$	464.9	$	368.8	$	419.5
United Kingdom		533.7		455.8		487.2
Rest of Europe		164.7		171.0		163.2
Rest of World		43.3		30.6		35.9
Goodwill		364.3		371.2		363.0
	$	1,570.9	$	1,397.4	$	1,468.8