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Segment and Related Information (Tables)

6 Months Ended

Jul. 01, 2012

Segment information for the three and six-month periods ended July 1, 2012 and July 3, 2011 were as follows:

Net Sales

(millions of dollars)	Three Months Ended				Six Months Ended
		July 1, 2012		July 3, 2011		July 1, 2012		July 3, 2011
Specialty Minerals	$	168.1	$	171.8	$	335.8	$	345.1
Refractories		85.9		96.6		175.3		185.8
Total	$	254.0	$	268.4	$	511.1	$	530.9

Income from Operations

(millions of dollars)	Three Months Ended				Six Months Ended
		July 1, 2012		July 3, 2011		July 1, 2012		July 3, 2011
Specialty Minerals	$	22.1	$	18.6	$	42.0	$	37.9
Refractories		8.7		7.8		17.8		14.7
Total	$	30.8	$	26.4	$	59.8	$	52.6

The carrying amount of goodwill by reportable segment as of July 1, 2012 and December 31, 2011 was as follows:

Goodwill

(millions of dollars)	Three Months Ended
		July 1, 2012		December 31, 2011
Specialty Minerals	$	13.9	$	13.8
Refractories		51.4		50.9
Total	$	65.3	$	64.7

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 1, 2012			July 3, 2011			July 1, 2012			July 3, 2011

Income from operations for reportable segments		$	30.8		$	26.4		$	59.8		$	52.6
Unallocated corporate expenses			(1.3	)		(1.3	)		(3.3	)		(2.8	)
Consolidated income from operations			29.5			25.1			56.5			49.8
Non-operating income (deductions) from operations			(0.8	)		(0.8	)		(1.4	)		(1.6	)
Income from continuing operations,
	before provision for taxes on income	$	28.7		$	24.3		$	55.1		$	48.1

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

(millions of dollars)		Three Months Ended				Six Months Ended
			July 1, 2012		July 3, 2011		July 1, 2012		July 3, 2011
Paper PCC		$	119.3	$	123.6	$	241.0	$	252.8
Specialty PCC			17.0		16.6		33.4		32.2
Talc			13.1		12.7		25.2		24.1
Ground Calcium Carbonate			18.7		18.9		36.2		36.0
Refractory Products			65.4		75.3		134.5		144.9
Metallurgical Products			20.5		21.3		40.8		40.9
	Net sales	$	254.0	$	268.4	$	511.1	$	530.9

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations.

+ References+ Details

- Definition

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

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