Segment and Related Information

6 Months Ended

Jun. 28, 2020

Segment and Related Information [Abstract]

Segment and Related Information

Note 15.  Segment and Related Information

The Company has four reportable segments: Performance Materials, Specialty Minerals, Refractories and Energy Services.  See Note 1 to the Condensed Consolidated Financial Statements. Segment information for the three and six-month periods ended June 28, 2020 and June 30, 2019  is as follows:

	Three Months Ended				Six Months Ended
(millions of dollars)	Jun. 28, 2020		Jun. 30, 2019		Jun. 28, 2020		Jun. 30, 2019
Net Sales
Performance Materials	$	173.8	$	215.4	$	360.0	$	414.6
Specialty Minerals		109.8		145.1		246.9		289.5
Refractories		55.9		77.5		124.9		151.3
Energy Services		17.7		25.8		42.9		46.1
Total	$	357.2	$	463.8	$	774.7	$	901.5
Income from Operations
Performance Materials	$	21.0	$	20.7	$	45.1	$	47.0
Specialty Minerals		9.0		20.0		29.3		42.0
Refractories		5.9		7.1		17.1		19.2
Energy Services		1.4		0.9		4.6		3.3
Total	$	37.3	$	48.7	$	96.1	$	111.5

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

	Three Months Ended						Six Months Ended
(millions of dollars)	Jun. 28, 2020			Jun. 30, 2019			Jun. 28, 2020			Jun. 30, 2019
Income from operations for reportable segments	$	37.3		$	48.7		$	96.1		$	111.5
Litigation expenses		(8.3	)		—			(8.9	)		—
Unallocated and other corporate expenses		(1.8	)		(3.2	)		(2.3	)		(4.0	)
Consolidated income from operations		27.2			45.5			84.9			107.5
Non-operating deductions, net		(12.6	)		(13.3	)		(21.3	)		(26.1	)
Income from operations before tax and equity in earnings	$	14.6		$	32.2		$	63.6		$	81.4

On a regular basis, the Company reviews its product line groupings to generate greater alignment within each product line.  Accordingly, in the third quarter of 2019, the Company combined its Basic Minerals product line with its Household, Personal Care & Specialty Products product line, both within our Performance Materials segment. Prior year amounts were reclassified to conform to current presentation.

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

	Three Months Ended				Six Months Ended
(millions of dollars)	Jun. 28, 2020		Jun. 30, 2019		Jun. 28, 2020		Jun. 30, 2019
Metalcasting	$	52.8	$	75.8	$	114.5	$	149.0
Household, Personal Care & Specialty Products		87.9		91.5		184.1		186.3
Environmental Products		19.9		29.0		31.4		44.9
Building Materials		13.2		19.1		30.0		34.4
Performance Materials		173.8		215.4		360.0		414.6
Paper PCC		65.5		90.2		150.6		181.7
Specialty PCC		14.9		17.3		32.4		35.4
Ground Calcium Carbonate		20.6		24.8		43.2		47.1
Talc		8.8		12.8		20.7		25.3
Specialty Minerals		109.8		145.1		246.9		289.5
Refractory Products		47.1		61.0		102.9		123.0
Metallurgical Products		8.8		16.5		22.0		28.3
Refractories		55.9		77.5		124.9		151.3
Energy Services		17.7		25.8		42.9		46.1
Total	$	357.2	$	463.8	$	774.7	$	901.5