Segment and Related Information (Tables)

12 Months Ended

Dec. 31, 2013

Segment and Related Information [Abstract]

Segment information

     Segment information for the years ended December 31, 2013, 2012 and 2011 was as follows:

	2013
Millions of Dollars		Specialty Minerals		Refractories		Total
Net sales	$	669.8	$	348.4	$	1,018.2
Income from operations		98.4		35.9		134.3
Depreciation, depletion and amortization		38.6		8.7		47.3
Segment assets		605.6		378.1		983.7
Capital expenditures		33.6		8.3		41.9

	2012
Millions of Dollars		Specialty Minerals		Refractories		Total
Net sales	$	653.4	$	343.4	$	996.8
Income from operations		87.7		32.6		120.3
Depreciation, depletion and amortization		40.8		10.3		51.1
Segment assets		617.0		355.5		972.5
Capital expenditures		41.0		8.0		49.0

	2011
Millions of Dollars		Specialty Minerals		Refractories			Total
Net sales	$	664.1	$	368.8		$	1,032.9
Income from operations		76.6		33.2			109.8
Restructuring and other charges		0.2		(0.6	)		(0.4	)
Depreciation, depletion and amortization		47.6		10.6			58.2
Segment assets		603.8		355.8			959.6
Capital expenditures		41.7		8.0			49.7

Reconciliation of operating income before income taxes from segments to consolidated

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

Millions of Dollars
Income from continuing operations before
	provision  for taxes:		2013			2012			2011
Income from operations for reportable segments		$	134.3		$	120.3		$	109.8
Unallocated corporate expenses			(7.4	)		(6.7	)		(5.7	)
Interest income			3.0			3.2			3.9
Interest expense			(3.3	)		(3.2	)		(3.3	)
Other deductions			(2.8	)		(3.0	)		(3.2	)
	Income  from continuing operations before provision for taxes	$	123.8		$	110.6		$	101.5

Reconciliation of assets from segments to consolidated

Total assets			2013		2012		2011
Total segment assets		$	983.7	$	972.5	$	959.6
Corporate assets			233.8		238.7		205.4
	Consolidated total assets	$	1,217.5	$	1,211.2	$	1,165.0

Reconciliation of capital expenditures from segments to consolidated

Capital expenditures			2013		2012		2011
Total segment capital expenditures		$	41.9	$	49.0	$	49.7
Corporate capital expenditures			1.9		3.1		2.4
	Consolidated total capital expenditures	$	43.8	$	52.1	$	52.1

Carrying amount of goodwill by reportable segment

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

		Goodwill
Millions of Dollars			December 31,2013		December 31, 2012
Specialty Minerals		$	14.3	$	14.1
Refractories			50.1		51.7
	Total	$	64.4	$	65.8

Financial information related to operations by geographic area

     Financial information relating to the Company's operations by geographic area was as follows:

Millions of Dollars
Net Sales			2013		2012			2011
United States		$	563.5	$	562.5	$		557.5
Canada/Latin America			70.3		72.5			74.3
Europe/Africa			269.2		248.2			286.4
Asia			115.2		113.6			114.7
Total International			454.7		434.3			475.4
	Consolidated total net sales	$	1,018.2	$	996.8		$	1,032.9

Millions of Dollars
Long-lived assets			2013		2012		2011
United States		$	235.2	$	235.8	$	239.8
Canada/Latin America			12.1		14.5		14.6
Europe/Africa			64.9		69.0		72.0
Asia			60.5		67.3		59.8
Total International			137.5		150.8		146.4
	Consolidated total long-lived assets	$	372.7	$	386.6	$	386.2

Sales by product category

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

Millions of Dollars		2013		2012		2011
Paper PCC	$	480.0	$	471.5	$	485.0
Specialty PCC		67.2		65.9		63.6
Talc		50.9		48.1		46.9
GCC		71.7		67.9		68.6
Refractory Products		264.0		264.1		287.4
Metallurgical Products		84.4		79.3		81.4
Net sales	$	1,018.2	$	996.8	$	1,032.9