Segment Information

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

The Company has two reportable segments: the Environmental Solutions Group and the Safety and Security Systems Group. Business units are organized under each reportable segment because they share certain characteristics, such as technology, marketing, distribution and product application, which create long-term synergies.

The following tables summarize the Company’s operations by segment, including Net sales, Operating income (loss), and Total assets:

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2020		2019		2020		2019
Net sales:
Environmental Solutions	$	214.2	$	267.2	$	447.2	$	486.7
Safety and Security Systems	55.9		57.1		109.0		111.4
Total net sales	$	270.1	$	324.3	$	556.2	$	598.1
Operating income (loss):
Environmental Solutions	$	28.6	$	44.8	$	58.0	$	70.5
Safety and Security Systems	10.4		9.5		17.8		18.2
Corporate and eliminations	(7.7)		(8.0)		(12.2)		(16.6)
Total operating income	31.3		46.3		63.6		72.1
Interest expense	1.8		2.0		3.3		4.0
Other expense (income), net	2.0		(0.1)		2.2		0.3
Income before income taxes	$	27.5	$	44.4	$	58.1	$	67.8

(in millions)	As of June 30, 2020		As of December 31, 2019
Total assets:
Environmental Solutions	$	923.8	$	908.1
Safety and Security Systems	226.6		222.6
Corporate and eliminations	60.5		34.5
Total assets of continuing operations	1,210.9		1,165.2
Total assets of discontinued operations	0.3		0.3
Total assets	$	1,211.2	$	1,165.5