Segment Information

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Segment Information

Segment Information

The following table summarizes select operating results for each reportable segment (in millions).

	Successor		Predecessor		Successor		Predecessor
	Three Months Ended June 30,		Three Months Ended June 30,		Six Months Ended June 30,		Six Months Ended June 30,
	2022		2021		2022		2021
Revenues
Medical	$	66.8	$	52.1	$	126.9	$	103.6
Industrial	109.0		127.9		212.1		242.6
Consolidated Revenues	$	175.8	$	180.0	$	339.0	$	346.2
Segment (Loss) Income from Operations
Medical	$	(0.1)	$	(0.4)	$	(3.6)	$	(2.7)
Industrial	(45.3)		29.9		(46.7)		47.7
Total Segment (Loss) Income from Operations	(45.4)		29.5		(50.3)		45.0
Corporate and other	(29.2)		(24.8)		(57.9)		(49.2)
Consolidated Loss from Operations	$	(74.6)	$	4.7	$	(108.2)	$	(4.2)

The Company’s assets by reportable segment were not included, as this information is not reviewed by, nor otherwise provided to, the chief operating decision maker to make operating decisions or allocate resources.

The following details revenues by geographic region. Revenues generated from external customers are attributed to geographic regions through sales from site locations (i.e., point of origin) (in millions).

	Revenues
	Successor		Predecessor		Successor		Predecessor
	Three Months Ended June 30,		Three Months Ended June 30,		Six Months Ended June 30,		Six Months Ended June 30,
	2022		2021		2022		2021
North America
Medical	$	61.7	$	46.7	$	117.3	$	93.9
Industrial	49.8		61.1		92.0		104.9
Total North America	111.5		107.8		209.3		198.8
Europe
Medical	5.1		5.4		9.6		9.7
Industrial	57.9		65.0		111.1		126.7
Total Europe	63.0		70.4		120.7		136.4
Asia Pacific
Medical	—		—		—		—
Industrial	1.3		1.8		9.0		11.0
Total Asia Pacific	1.3		1.8		9.0		11.0
Total revenues	$	175.8	$	180.0	$	339.0	$	346.2

The following details revenues by timing of recognition (in millions):

	Revenues
	Successor		Predecessor		Successor		Predecessor
	Three Months Ended June 30,		Three Months Ended June 30,		Six Months Ended June 30,		Six Months Ended June 30,
	2022		2021		2022		2021
Point in time	$	117.2	$	132.6	$	234.2	$	254.0
Over time	58.6		47.4		104.8		92.2
Total revenues	$	175.8	$	180.0	$	339.0	$	346.2

The following details revenues by product category (in millions):

	Revenues
	Successor		Predecessor		Successor		Predecessor
	Three Months Ended June 30,		Three Months Ended June 30,		Six Months Ended June 30,		Six Months Ended June 30,
	2022		2021		2022		2021
Medical segment:
Medical	$	66.8	$	52.1	$	126.9	$	103.6
Industrial segment:
Reactor Safety and Control Systems	34.7		42.7		65.5		79.6
Radiological Search, Measurement, and Analysis Systems	74.3		85.2		146.6		163.0
Total revenues	$	175.8	$	180.0	$	339.0	$	346.2