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Segment and Related Information (Tables)
 6 Months Ended
Jul. 02, 2023
Segment and Related Information [Abstract]  
Segment Information

The Company has two reportable segments: Consumer & Specialties and Engineered Solutions.  See Note 1 to the Condensed Consolidated Financial Statements. Segment information for the three and six-month periods ended July 2, 2023 and July 3, 2022 is as follows:

  
Three Months Ended
    
Six Months Ended
  
(in millions of dollars)
  
Jul. 2,
2023
    
Jul. 3,
2022
    
Jul. 2,
2023
    
Jul. 3,
2022
  
                         
Net Sales
                        
Consumer & Specialties
  
$
290.3
    
$
283.2
    
$
587.6
    
$
566.7
  
Engineered Solutions
    
261.2
      
273.8
      
510.0
      
509.4
  
Total
  
$
551.5
    
$
557.0
    
$
1,097.6
    
$
1,076.1
  
                                 
Income from Operations
                                
Consumer & Specialties
  
$
19.4
    
$
31.6
    
$
51.6
    
$
62.9
  
Engineered Solutions
    
35.2
      
41.7
      
70.5
      
79.0
  
Total
  
$
54.6
    
$
73.3
    
$
122.1
    
$
141.9
  
Reconciliation of Income from Operations

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
  
(in millions of dollars)
  
Jul. 2,
2023
    
Jul. 3,
2022
    
Jul. 2,
2023
    
Jul. 3,
2022
  
                         
Income from operations for reportable segments
  
$
54.6
    
$
73.3
    
$
122.1
    
$
141.9
  
Restructuring and other items, net
    
(2.8
)
    
—
      
(2.8
)
    
—
  
Acquisition-related expenses
    
(0.2
)
    
(2.6
)
    
(0.3
)
    
(4.2
)
Litigation expenses
    
—
      
(1.5
)
    
—
      
(1.5
)
Unallocated and other corporate expenses
    
(1.7
)
    
0.2
      
(6.1
)
    
(0.6
)
Consolidated income from operations
    
49.9
      
69.4
      
112.9
      
135.6
  
Non-operating deductions, net
    
(15.9
)
    
(13.1
)
    
(31.2
)
    
(23.3
)
Income before tax and equity in earnings
  
$
34.0
    
$
56.3
    
$
81.7
    
$
112.3
  
Sales by Product Category

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

  
Three Months Ended
    
Six Months Ended
  
(in millions of dollars)
  
Jul. 2,
2023
    
Jul. 3,
2022
    
Jul. 2,
2023
    
Jul. 3,
2022
  
                         
Household & Personal Care
  
$
125.5
    
$
118.9
    
$
254.7
    
$
239.3
  
Specialty Additives
    
164.8
      
164.3
      
332.9
      
327.4
  
High-Temperature Technologies
    
182.6
      
186.7
      
361.2
      
356.6
  
Environmental & Infrastructure
    
78.6
      
87.1
      
148.8
      
152.8
  
Total
  
$
551.5
    
$
557.0
    
$
1,097.6
    
$
1,076.1