Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.24.3
Segment Information
9 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
During the three months ended June 30, 2023, the Company renamed its Industrial segment as "Technologies."
The following table summarizes select operating results for each reportable segment (in millions).
Three Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, Nine Months Ended September 30,
2024 2023 2024 2023
Revenues
Medical $ 74.1  $ 68.8  $ 214.1  $ 203.2 
Technologies 132.7  122.4  392.4  367.3 
Consolidated revenues $ 206.8  $ 191.2  $ 606.5  $ 570.5 
Segment Income (Loss) from Operations
Medical $ 4.0  $ 4.0  $ 10.4  $ 1.6 
Technologies 14.7  5.4  45.8  23.7 
Total segment income from operations 18.7  9.4  56.2  25.3 
Corporate and other (20.3) (20.5) (60.4) (60.6)
Consolidated loss from operations $ (1.6) $ (11.1) $ (4.2) $ (35.3)
The Company’s assets by reportable segment were not included, as this information is not reviewed by, nor otherwise provided to, the chief operating decision maker to make operating decisions or allocate resources.
The following details revenues by geographic region. Revenues generated from external customers are attributed to geographic regions through sales from site locations (i.e., point of origin) (in millions).
Revenues
Three Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, Nine Months Ended September 30,
2024 2023 2024 2023
North America
Medical $ 67.7  $ 62.1  $ 194.3  $ 185.0 
Technologies 70.9  69.8  192.1  189.1 
Total North America 138.6  131.9  386.4  374.1 
Europe
Medical 6.5  6.7  19.8  18.2 
Technologies 58.8  50.7  190.3  167.2 
Total Europe 65.3  57.4  210.1  185.4 
Asia Pacific
Medical —  —  —  — 
Technologies 2.9  1.9  10.0  11.0 
Total Asia Pacific 2.9  1.9  10.0  11.0 
Total revenues $ 206.8  $ 191.2  $ 606.5  $ 570.5 
The following details revenues by timing of recognition (in millions):
Revenues
Three Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, Nine Months Ended September 30,
2024 2023 2024 2023
Point in time $ 149.5  $ 128.0  $ 427.0  $ 371.1 
Over time 57.3  63.2  179.5  199.4 
Total revenues $ 206.8  $ 191.2  $ 606.5  $ 570.5 
The following details revenues by product category (in millions):
Revenues
Three Months Ended September 30, Three Months Ended September 30, Nine Months Ended September 30, Nine Months Ended September 30,
2024 2023 2024 2023
Medical segment:
Medical $ 74.1  $ 68.8  $ 214.1  $ 203.2 
Technologies segment:
Reactor Safety and Control Systems 54.5  48.7  163.1  141.9 
Radiological Search, Measurement, and Analysis Systems 78.2  73.7  229.3  225.4 
Total revenues $ 206.8  $ 191.2  $ 606.5  $ 570.5