Reportable Segments (Tables)

3 Months Ended

Mar. 31, 2026

Segment Financial Information


	Three Months Ended March 31, 2026
	Cryo Tank Solutions		Heat Transfer Systems		Specialty Products		Repair, Service & Leasing		Corporate		Consolidated
Sales	$	145.6	$	246.1	$	214.5	$	278.6	$	—	$	884.8
Cost of sales	111.6		194.6		168.8		158.4		—		633.4
Selling, general and administrative expenses	21.5		12.8		32.9		40.5		44.3		152.0

Amortization expense	1.9		6.6		4.4		33.9		—		46.8
Operating income (loss)	10.6		32.1		8.4		45.8		(44.3)		52.6
Depreciation expense (1)	4.9		4.5		7.4		4.7		3.2		24.7




















	Three Months Ended March 31, 2025
	Cryo Tank Solutions		Heat Transfer Systems		Specialty Products		Repair, Service & Leasing		Corporate		Consolidated
Sales	$	153.2	$	267.3	$	276.1	$	304.9	$	—	$	1,001.5
Cost of sales	116.0		184.7		192.4		168.6		—		661.7
Selling, general and administrative expenses	17.7		10.8		30.4		38.9		43.2		141.0
Amortization expense	1.9		4.9		5.0		34.7		—		46.5
Operating income (loss)	17.6		66.9		48.3		62.7		(43.2)		152.3
Depreciation expense (1)	4.3		4.1		5.0		3.6		2.7		19.7

______________

(1)Depreciation disclosed by reportable segment is included within cost of sales and selling, general and administrative expenses.

Sales by Geography

Net sales by geographic area are reported by the destination of sales.


	Three Months Ended March 31, 2026
	Cryo Tank Solutions		Heat Transfer Systems		Specialty Products		Repair, Service & Leasing		Consolidated
North America	$	59.6	$	173.6	$	100.4	$	81.5	$	415.1
Europe, Middle East, Africa and India	53.4		36.3		49.5		122.2		261.4
Asia-Pacific	29.4		36.1		57.8		65.5		188.8
Rest of the World	3.2		0.1		6.8		9.4		19.5
Total	$	145.6	$	246.1	$	214.5	$	278.6	$	884.8

	Three Months Ended March 31, 2025
	Cryo Tank Solutions		Heat Transfer Systems		Specialty Products		Repair, Service & Leasing		Consolidated
North America	$	58.6	$	162.5	$	122.4	$	113.7	$	457.2
Europe, Middle East, Africa and India	57.3		39.4		64.6		119.7		281.0
Asia-Pacific	35.6		64.6		82.9		60.5		243.6
Rest of the World	1.7		0.8		6.2		11.0		19.7
Total	$	153.2	$	267.3	$	276.1	$	304.9	$	1,001.5


	March 31, 2026		December 31, 2025
Cryo Tank Solutions	$	613.7	$	546.7
Heat Transfer Systems	895.0		866.8
Specialty Products	971.5		1,047.7
Repair, Service & Leasing	1,051.5		1,007.2
Total assets of reportable segments	3,531.7		3,468.4
Goodwill	3,061.8		3,067.6
Identifiable intangible assets, net	2,450.9		2,511.7
Corporate	647.2		758.7
Total	$	9,691.6	$	9,806.4