Mirion Technologies, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Nature of Business and Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Segment Information (Tables)

v3.23.1

Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following table summarizes select operating results for each reportable segment (in millions).


	Three Months Ended
	March 31,
	2023		2022
Revenues
Medical	$	66.4	$	60.1
Industrial	115.7		103.1
Consolidated Revenues	$	182.1	$	163.2
Segment Income (Loss) from Operations
Medical	$	0.7	$	(6.7)
Industrial	5.5		(2.5)
Total Segment Income (Loss) from Operations	6.2		(9.2)
Corporate and other	(19.8)		(24.4)
Consolidated Loss from Operations	$	(13.6)	$	(33.6)

Revenue from External Customers by Geographic Areas

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
	March 31,
	2023		2022
North America
Medical	$	60.7	$	55.6
Industrial	55.2		42.2
Total North America	115.9		97.8
Europe
Medical	5.7		4.5
Industrial	53.1		53.2
Total Europe	58.8		57.7
Asia Pacific
Medical	—		—
Industrial	7.4		7.7
Total Asia Pacific	7.4		7.7
Total revenues	$	182.1	$	163.2

Schedule of Revenue by Timing of Recognition

The following details revenues by timing of recognition (in millions):


	Revenues
	Three Months Ended
	March 31,
	2023		2022
Point in time	$	118.3	$	117.0
Over time	63.8		46.2
Total revenues	$	182.1	$	163.2

Revenue from External Customers by Products and Services

The following details revenues by product category (in millions):


	Revenues
	Three Months Ended
	March 31,
	2023		2022
Medical segment:
Medical	$	66.4	$	60.1
Industrial segment:
Reactor Safety and Control Systems	42.1		30.8
Radiological Search, Measurement, and Analysis Systems	73.6		72.3
Total revenues	$	182.1	$	163.2

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Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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