Segment and Related Information (Tables)

12 Months Ended

Dec. 31, 2014

Segment and Related Information [Abstract]

Segment information

Segment information for the years ended December 31, 2014, 2013 and 2012 was as follows:

	2014			2013		2012
	(millions of dollars)
Net Sales
Specialty Minerals	$	650.1		$	669.8	$	653.4
Refractories		359.7			348.4		343.4
Performance Materials		352.8			-		-
Construction Technologies		152.3			-		-
Energy Services		210.1			-		-
Total		1,725.0			1,018.2		996.8
Income from Operations
Specialty Minerals		95.8			98.4		87.7
Refractories		43.2			35.9		32.6
Performance Materials		41.0			-		-
Construction Technologies		(0.8	)		-		-
Energy Services		16.3			-		-
Total		195.5			134.3		120.3
Depreciation, Depletion and Amortization
Specialty Minerals		35.6			38.6		40.8
Refractories		10.8			8.7		10.3
Performance Materials		18.7			-		-
Construction Technologies		5.8			-		-
Energy Services		13.5			-		-
Total		84.4			47.3		51.1
Segment Assets
Specialty Minerals		494.4			605.6		617.0
Refractories		357.3			378.1		355.5
Performance Materials		1,584.4			-		-
Construction Technologies		447.7			-		-
Energy Services		228.9			-		-
Total		3,112.7			983.7		972.5
Capital Expenditures
Specialty Minerals		44.4			33.6		41.0
Refractories		11.7			8.3		8.0
Performance Materials		7.3			-		-
Construction Technologies		1.0			-		-
Energy Services		16.7			-		-
Total		81.1			41.9		49.0

Reconciliation of operating income before income taxes, assets, and capital expenditures from segments to consolidated

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

	2014			2013			2012
	(millions of dollars)
Income from Operations before Provision for Taxes on Income
Income from operations for reportable segments	$	195.5		$	134.3		$	120.3
Acquisition related transaction and integration costs		(19.1	)		-			-
Unallocated corporate expenses		(7.6	)		(7.4	)		(6.7	)
Consolidated income from operations		168.8			126.9			113.6
Non-operating deductions, net		(45.8	)		(3.2	)		(3.0	)
Income from continuing operations before provision for taxes on income		123.0			123.7			110.6
Total Assets
Total segment assets		3,112.7			983.7			972.5
Corporate assets		114.0			233.8			238.7
Consolidated total assets		3,226.7			1,217.5			1,211.2
Capital Expenditures
Total segment capital expenditures		81.1			41.9			49.0
Corporate capital expenditures		0.7			1.9			3.1
Consolidated capital expenditures		81.8			43.8			52.1

Financial information related to operations by geographic area

Financial information relating to the Company's operations by geographic area was as follows:

	2014		2013		2012
	(millions of dollars)
Net Sales
United States	$	1,004.4	$	563.5	$	562.5
Canada/Latin America		90.2		70.3		72.5
Europe/Africa		407.7		269.2		248.2
Asia		222.7		115.2		113.6
Total International		720.6		454.7		434.3
Consolidated net sales		1,725.0		1,018.2		996.8
Long-Lived Assets
United States	$	1,865.2	$	235.2	$	235.8
Canada/Latin America		18.8		12.1		14.5
Europe/Africa		136.8		64.9		69.0
Asia		144.3		60.5		67.3
Total International		299.9		137.5		150.8
Consolidated long-lived assets		2,165.1		372.7		386.6

Sales by product category

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

	2014		2013		2012
	(millions of dollars)
Paper PCC	$	454.5	$	480.0	$	471.5
Specialty PCC		66.1		67.2		65.9
Talc		55.5		50.9		48.1
Ground Calcium Carbonate		74.0		71.7		67.9
Refractory Products		273.9		264.0		264.1
Metallurgical Products		85.8		84.4		79.3
Metalcasting		181.4		-		-
Household, Personal Care and Specialty Products		108.0		-		-
Basic Minerals and Other Products		63.4		-		-
Environmental Products		70.7		-		-
Building Materials and Other Products		81.6		-		-
Energy Services		210.1		-		-
Total		1,725.0		1,018.2		996.8