Segment and Related Information

3 Months Ended

Mar. 31, 2024

Segment and Related Information [Abstract]

Segment and Related Information

Note 13.  Segment and Related 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-month periods ended March 31, 2024 and April 2, 2023  is as follows:

	Three Months Ended
(in millions of dollars)	Mar. 31, 2024		Apr. 2, 2023
Net Sales
Consumer & Specialties	$	296.9	$	297.3
Engineered Solutions		237.6		248.8
Total	$	534.5	$	546.1
Income from Operations
Consumer & Specialties	$	42.0	$	32.2
Engineered Solutions		38.5		35.3
Total	$	80.5	$	67.5

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
(in millions of dollars)	Mar. 31, 2024			Apr. 2, 2023
Income from operations for reportable segments	$	80.5		$	67.5
Acquisition-related expenses		—			(0.1	)
Litigation expenses		(2.1	)		—
Unallocated and other corporate expenses		(3.2	)		(4.4	)
Consolidated income from operations		75.2			63.0
Non-operating deductions, net		(15.1	)		(15.3	)
Income before tax and equity in earnings	$	60.1		$	47.7

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

	Three Months Ended
(in millions of dollars)	Mar. 31, 2024		Apr. 2, 2023
Household & Personal Care	$	138.4	$	129.2
Specialty Additives		158.5		168.1
High-Temperature Technologies		177.3		178.6
Environmental & Infrastructure		60.3		70.2
Total	$	534.5	$	546.1