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Segment Results
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Results

NOTE 2. SEGMENT RESULTS

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mineral Fiber

 

$

208.1

 

 

$

157.9

 

 

$

396.8

 

 

$

355.6

 

Architectural Specialties

 

 

71.9

 

 

 

45.3

 

 

 

135.1

 

 

 

96.3

 

Total net sales

 

$

280.0

 

 

$

203.2

 

 

$

531.9

 

 

$

451.9

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Segment operating income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mineral Fiber

 

$

72.1

 

 

$

45.6

 

 

$

132.7

 

 

$

115.6

 

Architectural Specialties

 

 

7.4

 

 

 

4.3

 

 

 

2.5

 

 

 

11.8

 

Unallocated Corporate

 

 

(1.2

)

 

 

12.5

 

 

 

(2.8

)

 

 

11.0

 

Total consolidated operating income

 

$

78.3

 

 

$

62.4

 

 

$

132.4

 

 

$

138.4

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

June 30,

 

 

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Total consolidated operating income

 

$

78.3

 

 

$

62.4

 

 

$

132.4

 

 

$

138.4

 

Interest expense

 

 

5.6

 

 

 

5.9

 

 

 

11.3

 

 

 

12.6

 

Other non-operating (income) expense, net

 

 

(1.6

)

 

 

(4.4

)

 

 

(2.9

)

 

 

365.0

 

Earnings (loss) from continuing operations before income taxes

 

$

74.3

 

 

$

60.9

 

 

$

124.0

 

 

$

(239.2

)

 

 

 

June 30, 2021

 

 

December 31, 2020

 

Segment assets

 

 

 

 

 

 

 

 

Mineral Fiber

 

$

1,115.7

 

 

$

1,101.1

 

Architectural Specialties

 

 

358.2

 

 

 

357.7

 

Unallocated Corporate

 

 

242.8

 

 

 

259.7

 

Total consolidated assets

 

$

1,716.7

 

 

$

1,718.5