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Segment Results (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Schedule of Net Sales

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

Net sales

 

 

 

 

 

 

 

 

Mineral Fiber

 

$

197.7

 

 

$

196.7

 

Architectural Specialties

 

 

51.0

 

 

 

45.4

 

Total net sales

 

$

248.7

 

 

$

242.1

 

Schedule of Segment Operating Income (Loss)

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

Segment operating income (loss)

 

 

 

 

 

 

 

 

Mineral Fiber

 

$

70.0

 

 

$

47.6

 

Architectural Specialties

 

 

7.5

 

 

 

9.2

 

Unallocated Corporate

 

 

(1.5

)

 

 

(2.1

)

Total consolidated operating income

 

$

76.0

 

 

$

54.7

 

Reconciliation of Total Consolidated Operating Income to Earnings Before Income Taxes

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

Total consolidated operating income

 

$

76.0

 

 

$

54.7

 

Interest expense

 

 

6.7

 

 

 

10.4

 

Other non-operating expense (income), net

 

 

369.4

 

 

 

(5.5

)

(Loss) earnings from continuing operations before income taxes

 

$

(300.1

)

 

$

49.8

 

Reconciliation of Total Segment Assets to Total Consolidated Assets

 

 

 

March 31, 2020

 

 

December 31, 2019

 

Segment assets

 

 

 

 

 

 

 

 

Mineral Fiber

 

$

1,141.9

 

 

$

1,139.9

 

Architectural Specialties

 

 

161.3

 

 

 

161.8

 

Unallocated Corporate

 

 

287.1

 

 

 

191.6

 

Total consolidated assets

 

$

1,590.3

 

 

$

1,493.3