XML 41 R30.htm IDEA: XBRL DOCUMENT v3.21.2
Segment Results (Tables)
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Schedule of Net Sales

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net sales

 

 

 

 

 

 

 

 

 

 

 

 

Mineral Fiber

 

$

214.5

 

 

$

187.3

 

 

$

611.3

 

 

$

542.9

 

Architectural Specialties

 

 

77.7

 

 

 

59.0

 

 

 

212.8

 

 

 

155.3

 

Total net sales

 

$

292.2

 

 

$

246.3

 

 

$

824.1

 

 

$

698.2

 

Schedule of Segment Operating Income (Loss)

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Segment operating income (loss)

 

 

 

 

 

 

 

 

 

 

 

 

Mineral Fiber

 

$

68.5

 

 

$

58.1

 

 

$

201.2

 

 

$

173.7

 

Architectural Specialties

 

 

5.0

 

 

 

9.1

 

 

 

7.5

 

 

 

20.9

 

Unallocated Corporate

 

 

(1.4

)

 

 

5.1

 

 

 

(4.2

)

 

 

16.1

 

Total consolidated operating income

 

$

72.1

 

 

$

72.3

 

 

$

204.5

 

 

$

210.7

 

Reconciliation of Total Consolidated Operating Income to Earnings Before Income Taxes

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Total consolidated operating income

 

$

72.1

 

 

$

72.3

 

 

$

204.5

 

 

$

210.7

 

Interest expense

 

 

6.1

 

 

 

6.1

 

 

 

17.4

 

 

 

18.7

 

Other non-operating (income) expense, net

 

 

(1.4

)

 

 

(3.2

)

 

 

(4.3

)

 

 

361.8

 

Earnings (loss) from continuing operations before income taxes

 

$

67.4

 

 

$

69.4

 

 

$

191.4

 

 

$

(169.8

)

Reconciliation of Total Segment Assets to Total Consolidated Assets

 

 

 

September 30, 2021

 

 

December 31, 2020

 

Segment assets

 

 

 

 

 

 

Mineral Fiber

 

$

1,119.9

 

 

$

1,101.1

 

Architectural Specialties

 

 

365.4

 

 

 

357.7

 

Unallocated Corporate

 

 

219.6

 

 

 

259.7

 

Total consolidated assets

 

$

1,704.9

 

 

$

1,718.5