Segment and Related Information

9 Months Ended

Sep. 27, 2015

Segment and Related Information [Abstract]

Segment and Related Information

Note 15. Segment and Related Information

The Company has 5 reportable segments: Specialty Minerals, Refractories, Performance Materials, Construction Technologies, and Energy Services.  See Note 1 to the Condensed Consolidated Financial Statements.  Segment information for the three and nine-month periods ended September 27, 2015 and September 28, 2014 were as follows:

	Three Months Ended					Nine Months Ended
	Sept. 27, 2015			Sept. 28, 2014		Sept. 27, 2015			Sept. 28, 2014
	(millions of dollars)
Net Sales
Specialty Minerals	$	156.5		$	163.0	$	466.9		$	490.5
Refractories		77.4			90.4		227.7			266.8
Performance Materials		126.5			135.6		383.5			211.4
Construction Technologies		49.7			69.1		140.7			106.3
Energy Services		40.9			85.4		148.8			134.0
Total	$	451.0		$	543.5	$	1,367.6		$	1,209.0
Income from Operations
Specialty Minerals	$	25.0		$	26.0	$	75.2		$	71.4
Refractories		7.9			9.7		24.5			29.0
Performance Materials		22.7			18.7		72.0			23.0
Construction Technologies		6.1			8.3		18.5			9.0
Energy Services		(7.9	)		10.2		(14.2	)		16.1
Total	$	53.8		$	72.9	$	176.0		$	148.5

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						Nine Months Ended
	Sept. 27, 2015			Sept. 28, 2014			Sept. 27, 2015			Sept. 28, 2014
	(millions of dollars)
Income from operations for reportable segments	$	53.8		$	72.9		$	176.0		$	148.5
Acquisition Related Transaction and Integration Costs		(2.4	)		(4.2	)		(8.5	)		(16.7	)
Unallocated corporate expenses		(1.5	)		(1.9	)		(4.9	)		(5.6	)
Consolidated income from operations		49.9			66.8			162.6			126.2
Non-operating deductions, net		(11.7	)		(15.1	)		(44.3	)		(30.5	)
Income from continuing operations before provision for taxes on income	$	38.2		$	51.7		$	118.3		$	95.7

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

	Three Months Ended				Nine Months Ended
	Sept. 27, 2015		Sept. 28, 2014		Sept. 27, 2015		Sept. 28, 2014
	(millions of dollars)
Paper PCC	$	106.1	$	113.4	$	315.9	$	341.3
Specialty PCC		15.8		16.5		48.5		50.7
Talc		13.9		13.8		41.9		41.7
Ground Calcium Carbonate		20.7		19.3		60.6		56.8
Refractory Products		60.5		69.7		178.3		201.4
Metallurgical Products		16.9		20.7		49.4		65.4
Metalcasting		63.4		70.0		200.3		109.4
Household, Personal Care and Specialty Products		43.0		42.8		126.6		66.2
Basic Minerals and Other Products		20.1		22.8		56.6		35.8
Environmental Products		21.7		34.5		55.2		51.8
Building Materials and Other Products		28.0		34.6		85.5		54.5
Energy Services		40.9		85.4		148.8		134.0
Total	$	451.0	$	543.5	$	1,367.6	$	1,209.0