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Segment and Geographic Information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Segment Financial Information
 Year Ended December 31, 2020
 Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales$415.8 $369.8 $242.6 $158.3 $(9.4)$— $1,177.1 
Depreciation and amortization expense18.5 48.3 4.8 10.9 — 2.0 84.5
Operating income (loss) (1) (2) (3)
52.5 11.2 60.7 30.3 — (62.5)92.2
 Year Ended December 31, 2019
 Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales$409.9 $441.7 $207.9 $162.6 $(6.6)$— $1,215.5 
Depreciation and amortization expense19.5 42.0 4.9 9.7 — 1.6 77.7 
Operating income (loss) (1) (4)
25.7 17.7 48.1 27.9 — (67.4)52.0 
 Year Ended December 31, 2018
 Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsCorporateConsolidated
Sales$371.4 $289.8 $184.5 $160.4 $(2.2)$— $1,003.9 
Depreciation and amortization expense13.9 21.7 4.7 7.9 — 1.5 49.7 
Operating income (loss) (1) (5) (6)
41.1 8.7 44.8 21.2 — (51.3)64.5 
_______________    
(1)     Restructuring costs (credits) for the years ended:
December 31, 2020 were $13.6 ($2.7 – Cryo Tank Solutions $7.4 – Heat Transfer Systems, $0.7 – Specialty Products, $0.2 – Repair, Service & Leasing and $2.6 – Corporate);
December 31, 2019 were $15.6 ($9.1 – Cryo Tank Solutions, $4.5 – Heat Transfer Systems, $0.3 – Specialty Products, $1.5 – Repair, Service & Leasing and $0.2 – Corporate); and
December 31, 2018 were $4.3 ($1.7 – Cryo Tank Solutions, $0.7 – Heat Transfer Systems, $(0.3) – Specialty Products, $(0.1) – Repair, Service & Leasing and $2.3 – Corporate).
(2)Includes transaction-related costs of $2.6 for the year ended December 31, 2020, which were mainly related to the Sustainable Energy Solutions, Inc., BlueInGreen, LLC and Alabama Trailers acquisitions.
(3)Includes $16.0 impairment of our trademarks and trade names indefinite-lived intangible assets related to the AXC business in our Heat Transfer Systems segment.
(4)Includes transaction-related costs of $5.4 for the years ended December 31, 2019, which were mainly related to the AXC acquisition. Includes transaction-related costs of $4.3 related to integration activities for previous acquisitions for the year ended December 31, 2019.
(5)Includes transaction-related costs of $2.1 recorded in Corporate for the year ended December 31, 2018.
(6)During the year ended December 31, 2018, we recorded net severance costs of $2.3 in Corporate primarily related to headcount reductions associated with a previous strategic realignment of our segment structure, which includes $1.8 in payroll severance costs partially offset by a $0.9 credit due to related share-based compensation forfeitures for 2018. Includes net severance costs of $1.4 related to the departure of our former CEO, which includes $3.2 in payroll severance costs partially offset by a $1.8 credit due to related share-based compensation forfeitures for 2018.
Sales by Geography
Net sales by geographic area are reported by the destination of sales.
 Year Ended December 31, 2020
 Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America (1)
$168.0 $259.4 $98.9 $111.2 $(4.4)$633.1 
Europe, Middle East, Africa and India165.3 39.3 121.8 38.1 (3.5)361.0 
Asia-Pacific (2)
76.1 69.3 21.4 8.4 (1.4)173.8 
Rest of the World6.4 1.8 0.5 0.6 (0.1)9.2 
Total$415.8 $369.8 $242.6 $158.3 $(9.4)$1,177.1 
Year Ended December 31, 2019
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America (1)
$173.6 $311.2 $100.4 $128.4 $(3.4)$710.2 
Europe, Middle East, Africa and India163.8 71.6 91.2 23.7 (2.2)348.1 
Asia-Pacific (2)
67.2 57.3 15.6 9.7 (0.9)148.9 
Rest of the World5.3 1.6 0.7 0.8 (0.1)8.3 
Total$409.9 $441.7 $207.9 $162.6 $(6.6)$1,215.5 
Year Ended December 31, 2018
Cryo Tank SolutionsHeat Transfer SystemsSpecialty ProductsRepair, Service & LeasingIntersegment EliminationsConsolidated
North America (1)
$164.0 $237.1 $100.5 $122.6 $(1.0)$623.2 
Europe, Middle East, Africa and India120.0 24.1 65.2 30.0 (0.9)238.4 
Asia-Pacific (2)
83.8 27.2 18.3 7.1 (0.3)136.1 
Rest of the World3.6 1.4 0.5 0.7 — 6.2 
Total$371.4 $289.8 $184.5 $160.4 $(2.2)$1,003.9 
(1)     Consolidated sales in the United States were $576.8, $638.0 and $570.6 for the twelve month periods ending December 31, 2020, 2019 and 2018, respectively and represent 49.0%, 52.5% and 56.8% of consolidated sales for the same periods, respectively.
(2)    Consolidated sales in China were $100.7, $80.5 and $101.6 for the twelve months ended December 31, 2020, 2019 and 2018, respectively and represent 8.6%, 6.6% and 10.1% of consolidated sales for the same periods, respectively.
December 31,
20202019
Cryo Tank Solutions$399.2 $374.4 
Heat Transfer Systems247.2 328.9 
Specialty Products178.3 109.7 
Repair, Service & Leasing142.6 106.6 
Total assets of reportable segments967.3 919.6 
Goodwill (1)
865.9 811.4 
Identifiable intangible assets, net (1)
493.1 522.4 
Corporate244.2 159.4 
Discontinued operations— 68.6 
Total assets$2,570.5 $2,481.4 
_______________(1)See Note 9, “Goodwill and Intangible Assets,” for further information related to goodwill and identifiable intangible assets, net.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
Geographic Information
 Property, plant and equipment, net as of December 31,
20202019
United States$223.9 $222.2 
Foreign
Italy69.9 56.4 
China61.5 64.2 
Czech Republic29.0 25.8 
Germany16.1 15.5 
India14.1 13.7 
Total Foreign190.6 175.6 
Total$414.5 $397.8