Segment Information (Tables)
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12 Months Ended |
Dec. 31, 2021 |
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| Segment Reporting [Abstract] |
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| Schedule of Segment Reporting Information, by Segment |
The following table summarizes select operating results for each reportable segment. The CODM evaluates operating results and allocates capital resources among segments, in part, based on segment income from operations, which includes revenues of the segment less expenses that are directly related to those revenues, including purchase accounting impacts to revenue and cost of revenues, but excluding certain charges to cost of revenues and selling, general and administrative expenses predominantly related to corporate costs, shared overhead and other non-operational costs related to restructuring activities and costs to achieve operational initiatives, which are included in "Corporate and Other" in the table below. Interest expense, loss on debt extinguishment, foreign currency loss (gain), net, and other expense (income), net, are not allocated to segments.
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Successor |
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Predecessor |
| (in millions) |
From
October 20, 2021
through
December 31, 2021 |
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From July 1, 2021 through
October 19, 2021 |
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For Year Ended
June 30. 2021
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For Year Ended
June 30. 2020
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For Year Ended June 30, 2019 |
| Revenues |
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| Medical |
$ |
49.2 |
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$ |
60.3 |
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$ |
155.7 |
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$ |
62.6 |
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$ |
42.9 |
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| Industrial |
104.9 |
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107.7 |
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455.9 |
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415.6 |
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397.2 |
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| Consolidated Revenues |
$ |
154.1 |
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$ |
168.0 |
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$ |
611.6 |
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$ |
478.2 |
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$ |
440.1 |
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| Segment Income from Operations |
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| Medical |
$ |
(4.3) |
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$ |
0.7 |
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$ |
6.0 |
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$ |
13.9 |
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$ |
10.2 |
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| Industrial |
1.1 |
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11.7 |
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81.5 |
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59.6 |
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55.0 |
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| Total Segment Income from Operations |
(3.2) |
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12.4 |
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87.5 |
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73.5 |
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65.2 |
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| Corporate and other |
(19.7) |
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(54.0) |
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(76.3) |
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(50.5) |
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(36.4) |
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| Consolidated Income from Operations |
$ |
(22.9) |
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$ |
(41.6) |
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$ |
11.2 |
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$ |
23.0 |
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$ |
28.8 |
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| Capital Expenditures |
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| Medical |
$ |
3.8 |
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$ |
6.8 |
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$ |
14.2 |
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$ |
10.1 |
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$ |
8.0 |
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| Industrial |
2.0 |
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2.7 |
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12.2 |
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11.4 |
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10.4 |
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| Total operating and reportable segments |
5.8 |
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9.5 |
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26.4 |
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21.5 |
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18.4 |
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| Corporate and other |
0.3 |
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0.3 |
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— |
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0.4 |
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0.8 |
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| Total Capital Expenditures |
$ |
6.1 |
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$ |
9.8 |
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$ |
26.4 |
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$ |
21.9 |
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$ |
19.2 |
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| Depreciation and Amortization |
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| Medical |
$ |
17.0 |
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$ |
13.3 |
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$ |
33.3 |
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$ |
15.8 |
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$ |
15.4 |
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| Industrial |
20.1 |
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12.4 |
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49.7 |
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52.2 |
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53.7 |
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| Total operating and reportable segments |
37.1 |
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25.7 |
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83.0 |
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68.0 |
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69.1 |
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| Corporate and other |
0.2 |
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0.2 |
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0.6 |
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0.4 |
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0.4 |
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| Total Depreciation and Amortization |
$ |
37.3 |
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$ |
25.9 |
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$ |
83.6 |
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$ |
68.4 |
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$ |
69.5 |
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| Revenue from External Customers by Geographic Areas |
The following details revenues and property, plant, and equipment, net by geographic region. Revenues generated from external customers are attributed to geographic regions through sales from site locations (in millions).
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Revenues |
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Successor |
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Predecessor |
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From
October 20, 2021
through
December 31, 2021 |
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From July 1, 2021 through
October 19, 2021 |
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For Year Ended
June 30. 2021
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For Year Ended
June 30. 2020
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For Year Ended June 30, 2019 |
| North America |
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| Medical |
$ |
45.3 |
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$ |
54.6 |
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$ |
138.6 |
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$ |
57.5 |
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$ |
41.0 |
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| Industrial |
47.6 |
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53.4 |
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199.4 |
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193.3 |
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188.3 |
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| Total North America |
$ |
92.9 |
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$ |
108.0 |
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$ |
338.0 |
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$ |
250.8 |
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$ |
229.3 |
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| Europe |
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| Medical |
$ |
3.9 |
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$ |
5.7 |
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$ |
17.1 |
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$ |
5.2 |
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$ |
1.9 |
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| Industrial |
55.3 |
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52.6 |
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241.5 |
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206.2 |
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194.9 |
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| Total Europe |
$ |
59.2 |
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$ |
58.3 |
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$ |
258.6 |
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$ |
211.4 |
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$ |
196.8 |
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| Asia Pacific |
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| Medical |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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$ |
— |
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| Industrial |
2.0 |
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1.7 |
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15.0 |
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16.0 |
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14.0 |
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| Total Asia Pacific |
$ |
2.0 |
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$ |
1.7 |
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$ |
15.0 |
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$ |
16.0 |
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$ |
14.0 |
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| Total revenues |
$ |
154.1 |
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$ |
168.0 |
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$ |
611.6 |
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$ |
478.2 |
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$ |
440.1 |
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| Schedule of Revenue by Timing of Recognition |
The following details revenues by timing of recognition (in millions):
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Revenues |
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Successor |
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Predecessor |
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From
October 20, 2021
through
December 31, 2021 |
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From July 1, 2021 through
October 19, 2021 |
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For Year Ended
June 30. 2021
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For Year Ended
June 30. 2020
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For Year Ended June 30, 2019 |
| Point in time |
$ |
120.1 |
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$ |
123.6 |
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$ |
456.6 |
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$ |
337.3 |
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$ |
331.1 |
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| Over time |
34.0 |
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44.4 |
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155.0 |
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140.9 |
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109.0 |
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| Total revenues |
$ |
154.1 |
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$ |
168.0 |
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$ |
611.6 |
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$ |
478.2 |
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$ |
440.1 |
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| Revenue from External Customers by Products and Services |
The following details revenues by product category (in millions):
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Revenues |
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Successor |
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Predecessor |
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From
October 20, 2021
through
December 31, 2021 |
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From July 1, 2021 through
October 19, 2021 |
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For Year Ended
June 30. 2021
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For Year Ended
June 30. 2020
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For Year Ended June 30, 2019 |
| Medical segment: |
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| Medical |
$ |
49.2 |
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$ |
60.3 |
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$ |
155.7 |
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$ |
62.6 |
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$ |
42.9 |
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| Industrial segment: |
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| Reactor Safety and Control Systems |
30.6 |
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34.7 |
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146.8 |
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135.4 |
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133.3 |
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| Radiological Search, Measurement, and Analysis Systems |
74.3 |
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73.0 |
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309.1 |
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280.2 |
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263.9 |
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| Total revenues |
$ |
154.1 |
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$ |
168.0 |
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$ |
611.6 |
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$ |
478.2 |
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$ |
440.1 |
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| Schedule of Property, Plant, and Equipment by Geographical Areas |
The following details property, plant, and equipment, net by geography (in millions):
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Property, Plant, and Equipment, Net |
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Successor |
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Predecessor |
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As of December 31, 2021 |
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As of June 30, 2021 |
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As of June 30, 2020 |
| North America |
$ |
77.1 |
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$ |
47.5 |
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$ |
36.5 |
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| Europe |
46.7 |
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41.1 |
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38.6 |
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| Asia Pacific |
0.2 |
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0.2 |
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0.1 |
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| Total |
$ |
124.0 |
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$ |
88.8 |
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$ |
75.2 |
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