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Operations by Industry Segment and Geographic Area (Tables)

12 Months Ended

Dec. 31, 2021

The accounting policies of the reportable segments are the same as those described in Note 2, Basis of Presentation and Significant Accounting Policies. Intersegment sales and transfers are valued at prices comparable to those for unrelated parties.

Segment information for 2021:


(in millions)	Infrastructure Solutions		Materials Solutions		Corporate		Total
Revenues from external customers	$	748.0	$	349.2	$	—	$	1,097.2
Intersegment revenues	47.5		58.0		—		105.5
Restructuring and asset impairment charges	1.9		0.6		—		2.5
Interest expense	0.1		0.5		0.5		1.1
Interest income	—		0.2		0.3		0.5
Depreciation and amortization	20.8		8.0		1.4		30.2
Income taxes	1.4		(4.3)		1.5		(1.4)
Profit (loss)	53.0		29.3		(64.8)		17.5

Assets	996.9		667.8		648.9		2,313.6
Capital expenditures	12.2		5.6		2.3		20.1

Segment information for 2020:


(in millions)	Infrastructure Solutions		Materials Solutions		Corporate		Total
Revenues from external customers	$	702.8	$	321.6	$	—	$	1,024.4
Intersegment revenues	33.5		40.7		—		74.2
Restructuring and asset impairment charges	6.6		(1.3)		2.8		8.1
Interest expense	—		0.2		0.5		0.7
Interest income	0.1		0.3		0.4		0.8
Depreciation and amortization	17.8		7.9		1.2		26.9
Income taxes	0.4		1.2		(2.8)		(1.2)
Profit (loss)	53.8		32.1		(40.1)		45.8

Assets	938.8		639.3		535.3		2,113.4
Capital expenditures	7.9		4.8		2.7		15.4

Segment information for 2019:


(in millions)	Infrastructure Solutions		Materials Solutions		Corporate		Total
Revenues from external customers	$	764.6	$	405.0	$	—	$	1,169.6
Intersegment revenues	29.2		22.2		—		51.4
Restructuring and asset impairment charges	2.9		0.3		—		3.2
Interest expense	—		0.3		1.1		1.4
Interest income	—		0.6		0.6		1.2
Depreciation and amortization	16.9		8.2		1.1		26.2
Income taxes	0.8		0.6		1.6		3.0
Profit (loss)	33.8		22.8		(35.6)		21.0

Assets	865.8		608.4		420.9		1,895.1
Capital expenditures	14.2		7.4		1.0		22.6

Totals Segment Information for all Reportable Segments Reconciled to Consolidated Totals

The totals of segment information for all reportable segments reconciles to consolidated totals as follows:


	Years Ended December 31,
(in millions)	2021		2020		2019
Net income (loss) attributable to controlling interest
Total profit for reportable segments	$	82.3	$	85.9	$	56.6
Corporate expenses, net	(64.8)		(40.1)		(35.6)
Net (income) loss attributable to noncontrolling interest	(0.1)		—		0.1
Recapture of intersegment profit	0.4		1.1		1.2
Total consolidated net income attributable to controlling interest	$	17.8	$	46.9	$	22.3

Assets
Total assets for reportable segments	$	1,664.7	$	1,578.1	$	1,474.2
Corporate assets	648.9		535.3		420.9
Elimination of intercompany profit in inventory	(2.4)		(2.8)		(3.8)
Elimination of intercompany receivables	(921.0)		(906.2)		(767.9)
Elimination of investment in subsidiaries	(456.8)		(329.6)		(296.7)
Other	(22.1)		(26.6)		(26.2)
Total consolidated assets	$	911.3	$	848.2	$	800.5

Reconciliation of Assets from Segment to Consolidated Totals

The totals of segment information for all reportable segments reconciles to consolidated totals as follows:


	Years Ended December 31,
(in millions)	2021		2020		2019
Net income (loss) attributable to controlling interest
Total profit for reportable segments	$	82.3	$	85.9	$	56.6
Corporate expenses, net	(64.8)		(40.1)		(35.6)
Net (income) loss attributable to noncontrolling interest	(0.1)		—		0.1
Recapture of intersegment profit	0.4		1.1		1.2
Total consolidated net income attributable to controlling interest	$	17.8	$	46.9	$	22.3

Assets
Total assets for reportable segments	$	1,664.7	$	1,578.1	$	1,474.2
Corporate assets	648.9		535.3		420.9
Elimination of intercompany profit in inventory	(2.4)		(2.8)		(3.8)
Elimination of intercompany receivables	(921.0)		(906.2)		(767.9)
Elimination of investment in subsidiaries	(456.8)		(329.6)		(296.7)
Other	(22.1)		(26.6)		(26.2)
Total consolidated assets	$	911.3	$	848.2	$	800.5

Sales into Major Geographic Regions

Sales into major geographic regions were as follows:


	Years Ended December 31,
(in millions)	2021		2020		2019
United States	$	842.1	$	817.0	$	908.5
Canada	69.8		57.9		66.8
Australia and Oceania	43.4		28.5		42.3
Africa	33.9		22.4		44.7
Other European Countries	32.7		23.2		32.2
Brazil	21.5		20.4		11.6
South America (excluding Brazil)	15.2		21.9		17.9
Mexico	13.5		2.9		5.3
Other Asian Countries	5.0		2.7		6.5
Central America (excluding Mexico)	3.9		1.3		4.9
Post-Soviet States (excluding Russia)	3.6		3.1		7.3
Middle East	2.9		3.2		2.6
Japan and Korea	2.7		8.1		3.6
India	2.7		0.5		1.0
Russia	2.6		4.0		5.1
West Indies	1.3		6.1		6.4
China	0.4		1.2		2.2
Other	—		—		0.7
Total foreign	255.1		207.4		261.1
Total consolidated sales	$	1,097.2	$	1,024.4	$	1,169.6

Long-Lived Assets by Major Geographic Region

Long-lived assets by major geographic region are as follows:


	December 31,
(in millions)	2021		2020
United States	$	140.3	$	140.3
United Kingdom	11.7		11.9
Brazil	5.6		6.3
Canada	5.3		4.8
Australia	4.6		5.1
South Africa	3.9		4.0
Chile	0.3		0.4

Total foreign	31.4		32.5
Total consolidated assets	$	171.7	$	172.8