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)

v3.22.1

Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

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


	Successor		Predecessor
	Three Months Ended March 31, 2022		Three Months Ended March 31, 2021
Revenues
Medical	$	60.1	$	51.5
Industrial	103.1		114.7
Consolidated Revenues	$	163.2	$	166.2
Segment (Loss) Income from Operations
Medical	$	(3.5)	$	(2.3)
Industrial	(1.4)		17.8
Total Segment (Loss) Income from Operations	(4.9)		15.5
Corporate and other	(28.7)		(24.4)
Consolidated Loss from Operations	$	(33.6)	$	(8.9)

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
	Successor		Predecessor
	Three Months Ended March 31, 2022		Three Months Ended March 31, 2021
North America
Medical	$	55.6	$	47.2
Industrial	42.2		43.8
Total North America	97.8		91.0
Europe
Medical	4.5		4.3
Industrial	53.2		61.7
Total Europe	57.7		66.0
Asia Pacific
Medical	—		—
Industrial	7.7		9.2
Total Asia Pacific	7.7		9.2
Total revenues	$	163.2	$	166.2

Schedule of Revenue by Timing of Recognition

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


	Revenues
	Successor		Predecessor
	Three Months Ended March 31, 2022		Three Months Ended March 31, 2021
Point in time	$	117.0	$	121.4
Over time	46.2		44.8
Total revenues	$	163.2	$	166.2

Revenue from External Customers by Products and Services

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


	Revenues
	Successor		Predecessor
	Three Months Ended March 31, 2022		Three Months Ended March 31, 2021
Medical segment:
Medical	$	60.1	$	51.5
Industrial segment:
Reactor Safety and Control Systems	30.8		36.9
Radiological Search, Measurement, and Analysis Systems	72.3		77.8
Total revenues	$	163.2	$	166.2

- Definition

Schedule of revenue by timing of recognition [Table text block].

+ References

No definition available.

+ Details

Name:	mir_ScheduleOfRevenueByTimingOfRecognitionTableTextBlock
Namespace Prefix:	mir_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph a
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- Definition

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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration