Segment and Related Information

9 Months Ended

Sep. 27, 2020

Segment and Related Information [Abstract]

Segment and Related Information

Note 16.  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 nine-month periods ended September 27, 2020 and September 29, 2019  is as follows:

	Three Months Ended				Nine Months Ended
(millions of dollars)	Sep. 27, 2020		Sep. 29, 2019		Sep. 27, 2020		Sep. 29, 2019
Net Sales
Performance Materials	$	190.6	$	207.3	$	550.6	$	621.9
Specialty Minerals		125.1		143.1		372.0		432.6
Refractories		59.3		73.4		184.2		224.7
Energy Services		13.3		25.5		56.2		71.6
Total	$	388.3	$	449.3	$	1,163.0	$	1,350.8
Income from Operations
Performance Materials	$	28.2	$	26.9	$	73.3	$	73.9
Specialty Minerals		16.6		21.7		45.9		63.7
Refractories		7.3		10.2		24.4		29.4
Energy Services		—		2.0		4.6		5.3
Total	$	52.1	$	60.8	$	148.2	$	172.3

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						Nine Months Ended
(millions of dollars)	Sep. 27, 2020			Sep. 29, 2019			Sep. 27, 2020			Sep. 29, 2019
Income from operations for reportable segments	$	52.1		$	60.8		$	148.2		$	172.3
Litigation expenses		(1.5	)		(5.6	)		(10.4	)		(5.6	)
Unallocated and other corporate expenses		(2.1	)		(1.7	)		(4.4	)		(5.7	)
Consolidated income from operations		48.5			53.5			133.4			161.0
Non-operating deductions, net		(12.7	)		(12.6	)		(34.0	)		(38.7	)
Income from operations before tax and equity in earnings	$	35.8		$	40.9		$	99.4		$	122.3

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

	Three Months Ended				Nine Months Ended
(millions of dollars)	Sep. 27, 2020		Sep. 29, 2019		Sep. 27, 2020		Sep. 29, 2019
Metalcasting	$	66.3	$	69.0	$	180.8	$	218.0
Household, Personal Care & Specialty Products		93.9		94.1		278.0		280.4
Environmental Products		16.9		27.1		48.3		72.0
Building Materials		13.5		17.1		43.5		51.5
Performance Materials		190.6		207.3		550.6		621.9
Paper PCC		74.5		90.2		225.1		271.9
Specialty PCC		17.3		17.7		49.7		53.1
Ground Calcium Carbonate		23.2		23.0		66.4		70.1
Talc		10.1		12.2		30.8		37.5
Specialty Minerals		125.1		143.1		372.0		432.6
Refractory Products		48.8		61.3		151.7		184.3
Metallurgical Products		10.5		12.1		32.5		40.4
Refractories		59.3		73.4		184.2		224.7
Energy Services		13.3		25.5		56.2		71.6
Total	$	388.3	$	449.3	$	1,163.0	$	1,350.8