Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 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 Successor Predecessor
Three Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30,
2022 2021 2022 2021
Revenues
Medical $ 66.8  $ 52.1  $ 126.9  $ 103.6 
Industrial 109.0  127.9  212.1  242.6 
Consolidated Revenues $ 175.8  $ 180.0  $ 339.0  $ 346.2 
Segment (Loss) Income from Operations
Medical $ (0.1) $ (0.4) $ (3.6) $ (2.7)
Industrial (45.3) 29.9  (46.7) 47.7 
Total Segment (Loss) Income from Operations (45.4) 29.5  (50.3) 45.0 
Corporate and other (29.2) (24.8) (57.9) (49.2)
Consolidated Loss from Operations $ (74.6) $ 4.7  $ (108.2) $ (4.2)
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 Successor Predecessor
Three Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30,
2022 2021 2022 2021
North America
Medical $ 61.7  $ 46.7  $ 117.3  $ 93.9 
Industrial 49.8  61.1  92.0  104.9 
Total North America 111.5  107.8  209.3  198.8 
Europe
Medical 5.1  5.4  9.6  9.7 
Industrial 57.9  65.0  111.1  126.7 
Total Europe 63.0  70.4  120.7  136.4 
Asia Pacific
Medical —  —  —  — 
Industrial 1.3  1.8  9.0  11.0 
Total Asia Pacific 1.3  1.8  9.0  11.0 
Total revenues $ 175.8  $ 180.0  $ 339.0  $ 346.2 
Schedule of Revenue by Timing of Recognition
The following details revenues by timing of recognition (in millions):
Revenues
Successor Predecessor Successor Predecessor
Three Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30,
2022 2021 2022 2021
Point in time $ 117.2  $ 132.6  $ 234.2  $ 254.0 
Over time 58.6  47.4  104.8  92.2 
Total revenues $ 175.8  $ 180.0  $ 339.0  $ 346.2 
Revenue from External Customers by Products and Services
The following details revenues by product category (in millions):
Revenues
Successor Predecessor Successor Predecessor
Three Months Ended June 30, Three Months Ended June 30, Six Months Ended June 30, Six Months Ended June 30,
2022 2021 2022 2021
Medical segment:
Medical $ 66.8  $ 52.1  $ 126.9  $ 103.6 
Industrial segment:
Reactor Safety and Control Systems 34.7  42.7  65.5  79.6 
Radiological Search, Measurement, and Analysis Systems 74.3  85.2  146.6  163.0 
Total revenues $ 175.8  $ 180.0  $ 339.0  $ 346.2