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Segment Information (Notes)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Segment Information
14. Segment Information

The Company's three reportable segments are Precision Devices, MedTech & Specialty Audio, and Consumer MEMS Microphones. Information regarding the Company’s reportable segments is as follows:

 Three Months Ended June 30, Six Months Ended June 30,
(in millions)2024202320242023
Revenues:  
Precision Devices$74.1 $47.8 $148.4 $101.5 
MedTech & Specialty Audio59.5 60.6 116.6 106.1 
Consumer MEMS Microphones71.1 64.6 136.1 109.7 
Total revenues$204.7 $173.0 $401.1 $317.3 
(Loss) earnings before interest and income taxes:
Precision Devices$4.2 $4.8 $2.1 $15.5 
MedTech & Specialty Audio24.0 23.6 46.7 35.0 
Consumer MEMS Microphones (1)
(246.4)6.3 (241.1)(1.9)
Total segments(218.2)34.7 (192.3)48.6 
Corporate expense / other17.7 16.5 33.5 33.7 
Interest expense, net4.6 0.8 9.0 1.6 
(Loss) earnings before income taxes(240.5)17.4 (234.8)13.3 
Provision for income taxes18.8 3.8 22.0 4.9 
Net (loss) earnings $(259.3)$13.6 $(256.8)$8.4 
(1) Includes Goodwill impairment of $249.4 million for the three and six months ended June 30, 2024 and Gain on sale of asset, net of $5.4 million for the six months ended June 30, 2024 (see Note 6. Goodwill and Other Intangible Assets) as well as Gains on sale of fixed assets of $1.1 million for the three and six months ended June 30, 2024 and $5.7 million for the three and six months ended June 30, 2023 (see Note 5. Property, Plant, and Equipment, net).

Information regarding assets of the Company's reportable segments:
Total Assets
(in millions)June 30, 2024December 31, 2023
Precision Devices$576.3 $577.9 
MedTech & Specialty Audio342.9 351.1 
Consumer MEMS Microphones255.7 530.0 
Corporate / eliminations3.2 3.8 
Total$1,178.1 $1,462.8 

The following table details revenues by geographic location. Revenues are attributed to regions based on the location of the Company's direct customer, which in some instances is an intermediary and not necessarily the end user. The Company's businesses are based primarily in Asia, North America, and Europe.
 Three Months Ended June 30, Six Months Ended June 30,
(in millions)2024202320242023
Asia$112.6 $108.9 $218.3 $188.9 
United States57.9 34.0 116.0 69.3 
Europe26.9 25.7 53.1 49.8 
Other Americas2.6 1.3 5.4 3.4 
Other4.7 3.1 8.3 5.9 
Total$204.7 $173.0 $401.1 $317.3 
Receivables, net from contracts with customers were $126.1 million and $129.2 million as of June 30, 2024 and December 31, 2023, respectively. As of June 30, 2024 and December 31, 2023, our total remaining performance obligations were immaterial.