Segment and Related Information

3 Months Ended

Apr. 01, 2012

Segment and Related Information [Abstract]

Segment and Related Information

Note 15.  Segment and Related Information

     Segment information for the three-month periods ended April 1, 2012 and April 3, 2011 was as follows:

Net Sales
(millions of dollars)	Three Months Ended
		April 1, 2012		April 3, 2011
Specialty Minerals	$	167.7	$	173.3
Refractories		89.4		89.2
Total	$	257.1	$	262.5

Income from Operations
(millions of dollars)	Three Months Ended
		April 1, 2012		April 3, 2011
Specialty Minerals	$	19.9	$	19.3
Refractories		9.1		6.9
Total	$	29.0	$	26.2

     Included in income from operations for the Specialty Minerals segment for the three-month period ended April 3, 2011 were restructuring costs of $0.4 million.

     Included in income from operations for the Refractories segment for the three-month period ended April 3, 2011 were restructuring cost reversals of $0.2 million.

     The carrying amount of goodwill by reportable segment as of April 1, 2012 and December 31, 2011 was as follows:

Goodwill
(millions of dollars)
	Three Months Ended
		April 1, 2012	December 31, 2011
Specialty Minerals	$	14.0	13.8
Refractories		51.8	50.9
Total	$	65.8	64.7

     A reconciliation of the totals reported for the operating segments to the applicable line items in the condensed consolidated financial statements is as follows:

Income from operations before provision for taxes on income:		Three Months Ended
(millions of dollars)			April 1, 2012			April 3,  2011
Income from operations for reportable segments		$	29.0		$	26.2
Unallocated corporate expenses			(2.0	)		(1.5	)
Consolidated income from operations			27.0			24.7
Non-operating deductions			(0.6	)		(0.8	)
Income from continuing operations
	before provision for taxes on income	$	26.4		$	23.9

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

		Three Months Ended
(millions of dollars)			April 1, 2012		April 3, 2011
Paper PCC		$	121.7	$	129.2
Specialty PCC			16.4		15.6
Talc			12.1		11.4
Ground Calcium Carbonate			17.5		17.1
Refractory Products			69.1		69.6
Metallurgical Products			20.3		19.6
	Net sales	$	257.1	$	262.5