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Segment Information (Tables)
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Revenue and Earnings from continuing operations by market segment
 Three Months Ended September 30, Nine Months Ended September 30,
(in millions)2024202320242023
Revenues:  
Precision Devices$78.8 $50.2 $227.2 $151.7 
MedTech & Specialty Audio63.7 57.9 183.8 165.9 
Total revenues$142.5 $108.1 $411.0 $317.6 
Earnings from continuing operations before interest and income taxes:
Precision Devices$8.4 $6.1 $10.5 $21.6 
MedTech & Specialty Audio25.0 22.3 71.9 57.4 
Total segments33.4 28.4 82.4 79.0 
Corporate expense / other17.3 16.5 48.5 47.4 
Interest expense, net3.9 0.6 12.9 2.2 
Earnings before income taxes12.2 11.3 21.0 29.4 
Provision for (benefit from) income taxes3.0 (3.9)8.0 (9.6)
Net earnings from continuing operations$9.2 $15.2 $13.0 $39.0 
Reconciliation of Assets from Segment to Consolidated
Information regarding assets of the Company's reportable segments:
Total Assets
(in millions)September 30, 2024December 31, 2023
Precision Devices (1)
$625.2 $628.3 
MedTech & Specialty Audio (1)
395.5 391.7 
Corporate / eliminations2.8 3.8 
Discontinued operations147.8 439.0 
Total$1,171.3 $1,462.8 
(1) Precision Devices and MedTech & Specialty Audio assets have been adjusted to include a reclassification of $50.4 million and $40.6 million, respectively, of assets at December 31, 2023 that were previously allocated to Consumer MEMS Microphones. These assets will remain with the Company after the disposition of CMM and are, therefore, excluded from Discontinued operations.
Revenue from External Customers by Geographic Areas
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 September 30, Nine Months Ended September 30,
(in millions)2024202320242023
United States$62.3 $35.5 $178.6 $104.6 
Asia50.1 43.7 135.9 125.4 
Europe23.5 24.6 76.6 74.4 
Other Americas3.5 1.1 8.6 4.3 
Other3.1 3.2 11.3 8.9 
Total$142.5 $108.1 $411.0 $317.6