Segment and Related Information

9 Months Ended

Sep. 30, 2012

Segment and Related Information [Abstract]

Segment and Related Information

     Segment information for the three and nine-month periods ended September 30, 2012 and October 2, 2011 were as follows:

(millions of dollars)	Net Sales
	Three Months Ended				Nine Months Ended
		Sept. 30, 2012		Oct. 2, 2011		Sept. 30, 2012		Oct. 2, 2011
Specialty Minerals	$	165.6	$	171.1	$	501.4	$	516.1
Refractories		84.7		91.1		260.0		277.0
Total	$	250.3	$	262.2	$	761.4	$	793.1

(millions of dollars)	Income from Operations
	Three Months Ended				Nine Months Ended
		Sept. 30, 2012		Oct. 2, 2011		Sept. 30, 2012		Oct. 2, 2011
Specialty Minerals	$	22.6	$	19.3	$	64.6	$	57.2
Refractories		7.2		7.5		25.0		22.2
Total	$	29.8	$	26.8	$	89.6	$	79.4

     Included in income from operations for the Refractories segment for the three month and nine month periods ended October 2, 2011 were restructuring costs of $0.2 million and $ -- , respectively.

     Included in income from operations for the Specialty Minerals segment for the nine months period ended   October 2, 2011 were restructuring costs of $0.4 million.

         The carrying amount of goodwill by reportable segment as of September 30, 2012 and December 31, 2011 was as follows:

(millions of dollars)	Goodwill
	Period Ended
		Sept. 30, 2012		Dec. 31,  2011
Specialty Minerals	$	14.1	$	13.8
Refractories		51.6		50.9
Total	$	65.7	$	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:

(millions of dollars)		Income from continuing operations before provision for taxes:
		Three Months Ended						Nine Months Ended
			Sept. 30, 2012			Oct. 2, 2011			Sept. 30, 2012			Oct. 2, 2011
Income from operations for reportable segments		$	29.8		$	26.8		$	89.6		$	79.4
Unallocated corporate expenses			(2.0	)		(1.4	)		(5.3	)		(4.2	)
Consolidated income from operations			27.8			25.4			84.3			75.2
Non-operating income (deductions) from operations			(0.6	)		(1.7	)		(2.0	)		(3.3	)
Income from continuing operations,
	before provision for taxes on income	$	27.2		$	23.7		$	82.3		$	71.9

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

(millions of dollars)		Three Months Ended				Nine Months Ended
			Sept. 30, 2012		Oct. 2, 2011		Sept. 30, 2012		Oct. 2, 2011
Paper PCC		$	120.6	$	126.5	$	361.6	$	379.3
Specialty PCC			16.4		16.0		49.8		48.2
Talc			11.9		11.3		37.1		35.4
Ground Calcium Carbonate			16.7		17.3		52.9		53.2
Refractory Products			66.0		71.1		200.5		216.1
Metallurgical Products			18.7		20.0		59.5		60.9
	Net sales	$	250.3	$	262.2	$	761.4	$	793.1