Segment and Related Information

9 Months Ended

Sep. 29, 2013

Segment and Related Information [Abstract]

Segment and Related Information

Note 15.  Segment and Related Information

     Segment information for the three and nine-month periods ended September 29, 2013 and September 30, 2012 were as follows:

(millions of dollars)	Net Sales
	Three Months Ended				Nine Months Ended
		Sept. 29, 2013		Sept. 30,   2012		Sept. 29, 2013		Sept. 30,   2012
Specialty Minerals	$	167.4	$	163.1	$	502.5	$	493.7
Refractories		86.8		84.7		259.0		260.0
Total	$	254.2	$	247.8	$	761.5	$	753.7

(millions of dollars)	Income from Operations
	Three Months Ended				Nine Months Ended
		Sept. 29, 2013		Sept. 30,   2012		Sept. 29, 2013		Sept. 30,   2012
Specialty Minerals	$	26.0	$	23.3	$	74.4	$	66.9
Refractories		8.4		7.2		23.8		25.0
Total	$	34.4	$	30.5	$	98.2	$	91.9

         The carrying amount of goodwill by reportable segment as of September 29, 2013 and December 31, 2012 was as follows:

(millions of dollars)	Goodwill
	Three Months Ended
		Sept. 29, 2013		Dec. 31,      2012
Specialty Minerals	$	14.1	$	14.1
Refractories		50.6		51.7
Total	$	64.7	$	65.8

     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 operations before provision for taxes on income:
		Three Months Ended						Nine Months Ended
			Sept. 29, 2013			Sept. 30,   2012			Sept. 29, 2013			Sept. 30,   2012
Income from operations for reportable segments		$	34.4		$	30.5		$	98.2		$	91.9
Unallocated corporate expenses			(1.6	)		(2.0	)		(4.8	)		(5.3	)
Consolidated income from operations			32.8			28.5			93.4			86.6
Non-operating deductions, net			(1.2	)		(0.6	)		(2.6	)		(2.0	)
Income from continuing operations,
	before provision for taxes on income	$	31.6		$	27.9		$	90.8		$	84.6

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

(millions of dollars)		Three Months Ended				Nine Months Ended
			Sept. 29, 2013		Sept. 30,   2012		Sept. 29, 2013		Sept. 30,   2012
Paper PCC		$	119.3	$	118.1	$	357.9	$	353.9
Specialty PCC			16.6		16.4		50.8		49.8
Talc			12.8		11.9		38.2		37.1
Ground Calcium Carbonate			18.7		16.7		55.6		52.9
Refractory Products			66.3		66.0		195.9		200.5
Metallurgical Products			20.5		18.7		63.1		59.5
	Net sales	$	254.2	$	247.8	$	761.5	$	753.7