Segment and Related Information

3 Months Ended

Apr. 01, 2018

Note 15. Segment and Related Information

On a regular basis, the Company reviews its segments and the approach used by the chief operating decision maker to assess performance and allocate resources. The Company has 4 reportable segments: Specialty Minerals, Performance Materials, Refractories and Energy Services. See Note 1 to the Condensed Consolidated Financial Statements. Segment information for the three-month periods ended April 1, 2018 and April 2, 2017 is as follows:

	Three Months Ended
	Apr. 1, 2018		Apr. 2, 2017
	(millions of dollars)
Net Sales
Performance Materials	$	187.3	$	169.9
Specialty Minerals		149.6		146.2
Refractories		75.3		70.2
Energy Services		19.1		18.7
Total	$	431.3	$	405.0

Income from Operations
Performance Materials	$	26.2	$	28.8
Specialty Minerals		24.1		24.4
Refractories		12.8		9.2
Energy Services		1.5		1.7
Total	$	64.6	$	64.1

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
	Apr. 1, 2018			Apr. 2, 2017
	(millions of dollars)
Income from operations for reportable segments	$	64.6		$	64.1
Acquisition related transaction and integration costs		(0.4	)		(1.5	)
Unallocated corporate expenses		(1.6	)		(0.5	)
Consolidated income from operations		62.6			62.1
Non-operating deductions, net		(13.4	)		(16.6	)

Income from continuing operations before provision for taxes on income	$	49.2		$	45.5

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

	Three Months Ended
	Apr. 1, 2018		Apr. 2, 2017
	(millions of dollars)
Paper PCC	$	97.0	$	93.4
Specialty PCC		17.0		17.0
Talc		13.1		14.3
Ground Calcium Carbonate		22.5		21.5
Metalcasting		79.2		66.6
Household, Personal Care and Specialty Products		48.7		41.1
Environmental Products		12.7		10.6
Building Materials		18.9		17.4
Basic Minerals		27.8		34.2
Refractory Products		62.3		56.7
Metallurgical Products		13.0		13.5
Energy Services		19.1		18.7
Total	$	431.3	$	405.0