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Segment and Geographic Information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

We attribute revenue and gross profit to individual countries based on the selling location. Our products are primarily sold from North America and Europe. As previously noted, segment gross profit includes certain depreciation and amortization expenses that are included in cost of goods sold.

 

 

 

Three Months Ended March 31,

 

 

 

2022

 

 

2021

 

Revenue

 

 

 

 

 

 

North America

 

$

30.9

 

 

$

28.1

 

Europe/Asia

 

 

51.6

 

 

 

59.6

 

Net revenue

 

 

82.5

 

 

 

87.7

 

 

 

 

 

 

 

 

Segment gross profit

 

 

 

 

 

 

North America

 

 

9.9

 

 

 

9.7

 

Europe/Asia

 

 

14.7

 

 

 

26.6

 

Gross profit

 

 

24.6

 

 

 

36.3

 

 

 

 

 

 

 

 

Expenses excluded from segment gross profit

 

 

 

 

 

 

Selling, general and administrative expenses

 

 

29.7

 

 

 

19.1

 

Depreciation and amortization expense

 

 

8.2

 

 

 

8.7

 

Other operating expense, net

 

 

0.5

 

 

 

0.8

 

Interest expense

 

 

5.0

 

 

 

5.6

 

Foreign currency gain

 

 

(0.6

)

 

 

(3.6

)

Income (loss) before income tax benefit

 

$

(18.2

)

 

$

5.7

 

The following table presents our long-lived assets by geographic region:

 

 

 

March 31, 2022

 

 

December 31, 2021

 

North America

 

$

61.8

 

 

$

62.1

 

Europe/Asia

 

 

61.3

 

 

 

64.2

 

Total long-lived assets

 

$

123.1

 

 

$

126.3