Segment and Related Information

6 Months Ended

Jul. 03, 2011

Segment and Related Information [Abstract]

Segment and Related Information

Note 15.  Segment and Related Information

     Segment information for the three and six-month periods ended July 3, 2011 and July 4, 2010 were as follows:

Net Sales
(millions of dollars)	Three Months Ended				Six Months Ended
		July 3, 2011		July 4, 2010		July 3, 2011		July 4, 2010
Specialty Minerals	$	171.8	$	168.2	$	345.1	$	340.3
Refractories		96.6		87.6		185.8		168.9
Total	$	268.4	$	255.8	$	530.9	$	509.2

Income from Operations
(millions of dollars)	Three Months Ended				Six Months Ended
		July 3, 2011		July 4, 2010		July 3, 2011		July 4, 2010
Specialty Minerals	$	18.6	$	19.3	$	37.9	$	37.7
Refractories		7.8		9.3		14.7		15.1
Total	$	26.4	$	28.6	$	52.6	$	52.8

     Included in income from operations for the Specialty Minerals segment for the three-month and six month periods ended July 3, 2011 were restructuring costs of $0.4 million.

     Included in income from operations for the Refractories segment for the three-month and six month periods ended July 3, 2011 were restructuring reversals of $0.2 million.

     Included in income from operations for the Specialty Minerals segment for the three month and six month periods ended July 4, 2010 were restructuring costs (reversals) of $(0.3) million and $0.5 million, respectively.

     Included in income from operations for the Refractories segment for the three month and six month periods ended July 4, 2010 were restructuring costs of $0.3 million and $0.4 million, respectively.

         The carrying amount of goodwill by reportable segment as of July 3, 2011 and December 31, 2010 was as follows:

Goodwill
(millions of dollars)	Three Months Ended
		July 3, 2011		December 31, 2010
Specialty Minerals	$	14.2	$	13.8
Refractories		53.1		53.3
Total	$	67.3	$	67.2

     A reconciliation of the totals reported for the operating segments to the applicable line items in the condensed consolidated financial statements is as follows:

Income from operations before provision for taxes:
(millions of dollars)		Three Months Ended						Six Months Ended
			July 3, 2011			July 4, 2010			July 3, 2011			July 4, 2010
Income from operations for reportable segments		$	26.4		$	28.6		$	52.6		$	52.8
Unallocated corporate expenses			(1.3	)		(1.1	)		(2.8	)		(2.2	)
Consolidated income from operations			25.1			27.5			49.8			50.6
Non-operating income (deductions) from operations			(0.8	)		0.5			(1.6	)		0.5
Income from continuing operations,
	before provision for taxes on income	$	24.3		$	28.0		$	48.1		$	51.1

     The Company's sales by product category are as follows:

(millions of dollars)		Three Months Ended				Six Months Ended
			July 3, 2011		July 4,  2010		July 3, 2011		July 4, 2010
Paper PCC		$	123.6	$	123.2	$	252.8	$	253.9
Specialty PCC			16.6		15.2		32.2		29.6
Talc			12.7		11.4		24.1		21.6
Ground Calcium Carbonate			18.9		18.4		36.0		35.2
Refractory Products			75.3		68.3		144.9		130.8
Metallurgical Products			21.3		19.3		40.9		38.1
	Net sales	$	268.4	$	255.8	$	530.9	$	509.2