XML 47 R35.htm IDEA: XBRL DOCUMENT v3.19.2
Business Segment Information (Tables)
 6 Months Ended
May 31, 2019
Segment Reporting [Abstract]  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
The following table summarizes operations by segment and a reconciliation of segment sales to consolidated sales and segment operating profit to income (loss) before income taxes:
 
Three Months Ended May 31,
 
Six Months Ended May 31,
 
2019
 
2018
 
2019
 
2018
 
(Dollars in millions)
Net Sales:
 
 
 
 
 
 
 
Specialty Solutions
$
142.3

 
$
128.8

 
$
255.0

 
$
238.0

Performance Materials
63.4

 
77.5

 
119.6

 
147.0

Total Net Sales
$
205.7

 
$
206.3

 
$
374.6

 
$
385.0

Segment Operating Profit:
 
 
 
 
 
 
 
Specialty Solutions
$
20.0

 
$
21.9

 
$
29.3

 
$
35.5

Performance Materials
.8

 
.1

 
(2.0
)
 
2.2

Total segment operating profit
20.8

 
22.0

 
27.3

 
37.7

Interest expense
(5.2
)
 
(4.6
)
 
(10.2
)
 
(9.7
)
Corporate expenses
(8.4
)
 
(6.5
)
 
(15.3
)
 
(14.9
)
Income (Loss) Before Income Taxes
$
7.2

 
$
10.9

 
$
1.8

 
$
13.1