EX-99.1 2 segmentinformationex991.htm EX-99.1 Document
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Exhibit 99.1

The following unaudited supplemental financial information includes certain quarterly segment information for the Company’s continuing operations for the quarters ended March 31, 2019 through June 30, 2021.

Quarterly segment information is as follows (unaudited, in millions):
Three Months Ended June 30, 2021SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$142.6 $53.8 $3.0 $199.4 
Intersegment sales— 2.5 (2.5)— 
Shipping and handling cost44.3 7.3 — 51.6 
Operating earnings (loss)19.2 0.7 (19.0)0.9 
Depreciation, depletion and amortization17.6 9.1 3.3 30.0 

Three Months Ended March 31, 2021SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$369.0 $53.7 $2.8 $425.5 
Intersegment sales— 0.5 (0.5)— 
Shipping and handling cost115.4 7.7 — 123.1 
Operating earnings (loss)91.6 5.3 (20.9)76.0 
Depreciation, depletion and amortization18.0 8.8 3.1 29.9 

Three Months Ended December 31, 2020SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$228.5 $78.2 $2.5 $309.2 
Intersegment sales— 2.4 (2.4)— 
Shipping and handling cost63.9 11.8 — 75.7 
Operating earnings (loss)44.5 3.3 (19.7)28.1 
Depreciation, depletion and amortization17.4 9.0 3.7 30.1 

Three Months Ended September 30, 2020SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$141.2 $30.8 $2.6 $174.6 
Intersegment sales— 0.3 (0.3)— 
Shipping and handling cost34.4 4.8 — 39.2 
Operating earnings (loss)26.2 1.1 (16.4)10.9 
Depreciation, depletion and amortization17.4 9.3 3.8 30.5 

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Three Months Ended June 30, 2020SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$121.9 $51.0 $2.3 $175.2 
Intersegment sales— 2.4 (2.4)— 
Shipping and handling cost29.7 7.3 — 37.0 
Operating earnings (loss)22.5 6.3 (19.1)9.7 
Depreciation, depletion and amortization17.2 9.6 3.0 29.8 

Three Months Ended March 31, 2020SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$287.8 $55.4 $2.7 $345.9 
Intersegment sales— 0.3 (0.3)— 
Shipping and handling cost89.8 8.6 — 98.4 
Operating earnings (loss)67.8 4.6 (18.1)54.3 
Depreciation, depletion and amortization14.6 9.8 3.0 27.4 

Three Months Ended December 31, 2019SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$310.9 $67.2 $2.6 $380.7 
Intersegment sales— 2.0 (2.0)— 
Shipping and handling cost82.7 9.7 — 92.4 
Operating earnings (loss)75.9 8.7 (17.3)67.3 
Depreciation, depletion and amortization16.0 10.4 2.6 29.0 

Three Months Ended September 30, 2019SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$159.6 $40.9 $2.3 $202.8 
Intersegment sales— 1.3 (1.3)— 
Shipping and handling cost43.4 5.7 — 49.1 
Operating earnings (loss)(b)
24.0 4.0 (17.6)10.4 
Depreciation, depletion and amortization14.3 10.3 2.6 27.2 

Three Months Ended June 30, 2019SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$112.6 $44.1 $2.4 $159.1 
Intersegment sales— 2.6 (2.6)— 
Shipping and handling cost37.6 6.1 — 43.7 
Operating earnings (loss)(c)
10.0 6.0 (16.5)(0.5)
Depreciation, depletion and amortization14.8 10.3 2.8 27.9 

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Three Months Ended March 31, 2019SaltPlant
Nutrition
Corporate
& Other(a)
Total
Sales to external customers$306.4 $33.7 $2.4 $342.5 
Intersegment sales— 0.5 (0.5)— 
Shipping and handling cost103.7 5.7 — 109.4 
Operating earnings (loss)57.3 — (14.9)42.4 
Depreciation, depletion and amortization15.3 10.7 2.5 28.5 
(a)Corporate and other includes corporate entities, records management operations and other incidental operations and eliminations. Operating earnings (loss) for corporate and other includes indirect corporate overhead, including costs for general corporate governance and oversight, as well as costs for the human resources, information technology, legal and finance functions. Corporate assets in 2021 include assets under the Company’s AR Facility.
(b)Operating results included $2.3 million of severance and other costs related to executive transition.
(c)Operating results included $2.8 million of additional logistics costs related to Mississippi River flooding.

Quarterly plant nutrition sales volume information is as follows (unaudited, thousands of tons):

For the Three Months Ended
March 31, June 30, September 30, December 31, Total
20219488182
2020958953143380
2019567469116315
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