$IOSP
INNOSPEC INC.

2022 Q3 Form 10-Q Financial Statement

#000119312522210760 Filed on August 03, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $513.0M $467.6M $413.2M
YoY Change 36.4% 31.9% 32.95%
Cost Of Revenue $357.0M $327.8M $300.3M
YoY Change 35.64% 33.14% 36.62%
Gross Profit $156.0M $139.8M $112.9M
YoY Change 38.18% 29.09% 24.07%
Gross Profit Margin 30.41% 29.9% 27.32%
Selling, General & Admin $95.80M $83.40M $69.70M
YoY Change 34.55% 33.01% 26.96%
% of Gross Profit 61.41% 59.66% 61.74%
Research & Development $10.10M $10.10M $9.500M
YoY Change -1.94% 17.44% 46.15%
% of Gross Profit 6.47% 7.22% 8.41%
Depreciation & Amortization $10.10M $10.30M $11.80M
YoY Change -1.94% 0.0% 10.28%
% of Gross Profit 6.47% 7.37% 10.45%
Operating Expenses $105.9M $93.50M $79.20M
YoY Change 29.94% 31.14% 28.99%
Operating Profit $50.10M $46.30M $33.70M
YoY Change 59.55% 25.14% 13.85%
Interest Expense -$300.0K -$400.0K -$4.100M
YoY Change -84.21% 33.33% 192.86%
% of Operating Profit -0.6% -0.86% -12.17%
Other Income/Expense, Net -$900.0K -$3.600M $1.500M
YoY Change -169.23% -205.88% 36.36%
Pretax Income $48.90M $42.30M $32.70M
YoY Change 58.77% 5.49% 12.37%
Income Tax $10.20M $10.00M $8.800M
% Of Pretax Income 20.86% 23.64% 26.91%
Net Earnings $38.70M $32.30M $23.90M
YoY Change 65.38% 44.2% 5.75%
Net Earnings / Revenue 7.54% 6.91% 5.78%
Basic Earnings Per Share $1.56 $1.30
Diluted Earnings Per Share $1.55 $1.29 $963.7K
COMMON SHARES
Basic Shares Outstanding 24.79M 24.81M
Diluted Shares Outstanding 24.97M 24.97M

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $100.5M $71.40M $141.8M
YoY Change 12.67% -24.36% 34.66%
Cash & Equivalents $100.5M $71.40M $141.8M
Short-Term Investments
Other Short-Term Assets $400.0K $400.0K $400.0K
YoY Change -97.63% -97.59% -97.95%
Inventory $381.8M $362.2M $277.6M
Prepaid Expenses
Receivables $342.5M $339.9M $284.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $846.4M $799.3M $728.1M
YoY Change 23.92% 24.29% 28.59%
LONG-TERM ASSETS
Property, Plant & Equipment $206.6M $209.7M $214.4M
YoY Change -16.15% -16.29% -14.55%
Goodwill $351.7M $357.0M $364.3M
YoY Change -1.86%
Intangibles $43.60M $48.10M $57.50M
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.600M $6.700M $5.000M
YoY Change -95.11% -94.99% -96.26%
Total Long-Term Assets $822.8M $838.6M $842.8M
YoY Change 1.66% 2.43% 1.4%
TOTAL ASSETS
Total Short-Term Assets $846.4M $799.3M $728.1M
Total Long-Term Assets $822.8M $838.6M $842.8M
Total Assets $1.669B $1.638B $1.571B
YoY Change 11.85% 12.05% 12.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $173.6M $180.9M $148.7M
YoY Change 26.62% 46.48% 50.66%
Accrued Expenses $173.9M $152.5M $166.5M
YoY Change 8.08% -1.23% 18.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $100.0K
YoY Change -100.0% -80.0%
Total Short-Term Liabilities $381.4M $369.2M $336.6M
YoY Change 23.71% 26.87% 33.36%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Other Long-Term Liabilities $1.400M $1.400M $1.400M
YoY Change -98.98% -99.02% -99.09%
Total Long-Term Liabilities $1.400M $1.400M $1.400M
YoY Change -98.98% -99.02% -99.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $381.4M $369.2M $336.6M
Total Long-Term Liabilities $1.400M $1.400M $1.400M
Total Liabilities $577.3M $569.3M $537.9M
YoY Change 15.48% 16.61% 18.74%
SHAREHOLDERS EQUITY
Retained Earnings $914.8M $876.1M $822.9M
YoY Change
Common Stock $352.5M $351.2M $347.0M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $94.60M $92.30M $90.60M
YoY Change
Treasury Stock Shares $4.781M $4.759M $4.781M
Shareholders Equity $1.089B $1.068B $1.032B
YoY Change
Total Liabilities & Shareholders Equity $1.669B $1.638B $1.571B
YoY Change 11.85% 12.05% 12.42%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $38.70M $32.30M $23.90M
YoY Change 65.38% 44.2% 5.75%
Depreciation, Depletion And Amortization $10.10M $10.30M $11.80M
YoY Change -1.94% 0.0% 10.28%
Cash From Operating Activities $39.80M -$7.500M $68.80M
YoY Change 1321.43% 581.82% 18.21%
INVESTING ACTIVITIES
Capital Expenditures -$9.600M -$9.000M -$12.10M
YoY Change 23.08% 1.12% 51.25%
Acquisitions
YoY Change
Other Investing Activities $2.900M
YoY Change
Cash From Investing Activities -$9.600M -$9.000M -$9.200M
YoY Change 23.08% 1.12% 15.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -400.0K -17.20M -6.800M
YoY Change -500.0% 32.31% -43.33%
NET CHANGE
Cash From Operating Activities 39.80M -7.500M 68.80M
Cash From Investing Activities -9.600M -9.000M -9.200M
Cash From Financing Activities -400.0K -17.20M -6.800M
Net Change In Cash 29.80M -33.70M 52.80M
YoY Change -708.16% 46.52% 38.22%
FREE CASH FLOW
Cash From Operating Activities $39.80M -$7.500M $68.80M
Capital Expenditures -$9.600M -$9.000M -$12.10M
Free Cash Flow $49.40M $1.500M $80.90M
YoY Change 366.04% -80.77% 22.21%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Document Type
DocumentType
10-Q
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.77
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.86
dei Document Quarterly Report
DocumentQuarterlyReport
true
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-13879
dei Entity Registrant Name
EntityRegistrantName
INNOSPEC INC.
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
98-0181725
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
100000
dei Entity Address Address Line1
EntityAddressAddressLine1
8310 South Valley Highway
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 350
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Central Index Key
EntityCentralIndexKey
0001054905
dei Entity Address City Or Town
EntityAddressCityOrTown
Englewood
dei Entity Address State Or Province
EntityAddressStateOrProvince
CO
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
80112
dei City Area Code
CityAreaCode
303
dei Local Phone Number
LocalPhoneNumber
792 5554
dei Security12b Title
Security12bTitle
Common stock
dei Trading Symbol
TradingSymbol
IOSP
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354500000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
940000000
us-gaap Operating Income Loss
OperatingIncomeLoss
90600000
us-gaap Operating Income Loss
OperatingIncomeLoss
65200000
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3600000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
694100000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3400000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
700000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6400000
CY2022Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-400000
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
24790674
CY2021Q2 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-300000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-800000
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-700000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
42300000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
40100000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
467600000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
90500000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
46300000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
37000000
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
327800000
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
246200000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
660900000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
485000000
CY2022Q2 us-gaap Gross Profit
GrossProfit
139800000
CY2021Q2 us-gaap Gross Profit
GrossProfit
108300000
us-gaap Gross Profit
GrossProfit
279100000
us-gaap Gross Profit
GrossProfit
209100000
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
83400000
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
62700000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
168300000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
126300000
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
10100000
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
8600000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20200000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17600000
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
93500000
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
71300000
us-gaap Operating Expenses
OperatingExpenses
188500000
us-gaap Operating Expenses
OperatingExpenses
143900000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
70900000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10000000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17700000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
21700000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25100000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
32300000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
22400000
us-gaap Profit Loss
ProfitLoss
68800000
us-gaap Profit Loss
ProfitLoss
45800000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.3
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2022Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-200000
CY2021Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-600000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-300000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
200000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
39600000
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5800000
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5100000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
100000
CY2022Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0
CY2021Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
0
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.29
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.9
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24805000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24628000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24798000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24615000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24971000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24869000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24967000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24856000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
32300000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
22400000
us-gaap Profit Loss
ProfitLoss
68800000
us-gaap Profit Loss
ProfitLoss
45800000
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1400000
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
500000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1200000
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
500000
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-16900000
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3800000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-20700000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7500000
CY2022Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
100000
CY2021Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
100000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
0
CY2022Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
100000
CY2021Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-1200000
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-16600000
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4400000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-20200000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6200000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
15700000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
26800000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
48600000
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
25800000
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
25400000
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
6700000
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
5000000
CY2022Q2 us-gaap Assets
Assets
1637900000
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
71400000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
141800000
CY2021Q4 us-gaap Assets
Assets
1570900000
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
180900000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
148700000
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
250600000
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
188300000
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
152500000
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
166500000
CY2021Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
159800000
CY2022Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
339900000
CY2021Q4 us-gaap Receivables Net Current
ReceivablesNetCurrent
284500000
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
111600000
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
89300000
CY2022Q2 us-gaap Inventory Net
InventoryNet
362200000
CY2021Q4 us-gaap Inventory Net
InventoryNet
277600000
CY2022Q2 iosp Prepaid Expense Current Excluding Tax
PrepaidExpenseCurrentExcludingTax
12200000
CY2021Q4 iosp Prepaid Expense Current Excluding Tax
PrepaidExpenseCurrentExcludingTax
18000000
CY2022Q2 us-gaap Prepaid Taxes
PrepaidTaxes
13200000
CY2021Q4 us-gaap Prepaid Taxes
PrepaidTaxes
5800000
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
400000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
400000
CY2022Q2 us-gaap Assets Current
AssetsCurrent
799300000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
728100000
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
209700000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
214400000
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
49300000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
35400000
CY2022Q2 us-gaap Goodwill
Goodwill
357000000
CY2021Q4 us-gaap Goodwill
Goodwill
364300000
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
48100000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
57500000
CY2022Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
6000000
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
6400000
CY2022Q2 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
161800000
CY2021Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
100000
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14100000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
12400000
CY2022Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
6600000
CY2021Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
5200000
CY2022Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
15100000
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
3700000
CY2022Q2 us-gaap Minority Interest
MinorityInterest
700000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1067900000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1032400000
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
369200000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
336600000
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
35200000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
23100000
CY2022Q2 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
49200000
CY2021Q4 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
51300000
CY2022Q2 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
20800000
CY2021Q4 us-gaap Accrued Income Taxes Noncurrent
AccruedIncomeTaxesNoncurrent
30600000
CY2022Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
16300000
CY2021Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
16300000
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
60800000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
60800000
CY2022Q2 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
16400000
CY2021Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
17800000
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1400000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1400000
CY2022Q2 us-gaap Liabilities
Liabilities
569300000
CY2021Q4 us-gaap Liabilities
Liabilities
537900000
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
29554500
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
29554500
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
300000
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
300000
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
350900000
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
346700000
CY2022Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
4758826
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
4780806
CY2022Q2 us-gaap Treasury Stock Value
TreasuryStockValue
92300000
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
90600000
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
876100000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
822900000
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-67100000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-46900000
CY2021Q4 us-gaap Minority Interest
MinorityInterest
600000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1068600000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1033000000
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1637900000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1570900000
us-gaap Profit Loss
ProfitLoss
68800000
us-gaap Profit Loss
ProfitLoss
45800000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20800000
us-gaap Share Based Compensation
ShareBasedCompensation
2900000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
62100000
us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
1700000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2700000
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
64300000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
88300000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
800000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16300000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20600000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
1000000
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
7800000
iosp Non Cash Income On Defined Benefit Pension Plans
NonCashIncomeOnDefinedBenefitPensionPlans
-1300000
iosp Non Cash Income On Defined Benefit Pension Plans
NonCashIncomeOnDefinedBenefitPensionPlans
-1600000
us-gaap Share Based Compensation
ShareBasedCompensation
3200000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
31300000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-6500000
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-3500000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
20900000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
39300000
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
0
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-1700000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-4200000
us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-600000
iosp Increase Decrease In Unrecognized Tax Benefits
IncreaseDecreaseInUnrecognizedTaxBenefits
-300000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1800000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-900000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-36500000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21600000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
17400000
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
19500000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
300000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17400000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19200000
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
100000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
100000
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
300000
us-gaap Payments Of Dividends
PaymentsOfDividends
15600000
us-gaap Payments Of Dividends
PaymentsOfDividends
14000000
us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
2100000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-13300000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-200000
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-70400000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10900000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
141800000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
105300000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
71400000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2700000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3200000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
94400000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1033000000
us-gaap Profit Loss
ProfitLoss
68800000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.63
us-gaap Dividends
Dividends
15600000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-20700000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-100000
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
2000000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
200000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-300000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1068600000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
944900000
us-gaap Profit Loss
ProfitLoss
45800000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.57
us-gaap Dividends
Dividends
14000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-7500000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-100000
us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
1500000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
800000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2900000
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
100000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-1200000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
974200000
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1068900000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
32300000
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.63
CY2022Q2 us-gaap Dividends
Dividends
15600000
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-16900000
CY2022Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
-100000
CY2022Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1800000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1500000
CY2022Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
100000
CY2022Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-200000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1068600000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
959100000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
22400000
CY2021Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.57
CY2021Q2 us-gaap Dividends
Dividends
14000000
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
3800000
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-100000
CY2021Q2 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
1100000
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
200000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1300000
CY2021Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
0
CY2021Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-600000
us-gaap Operating Income Loss
OperatingIncomeLoss
90600000
us-gaap Operating Income Loss
OperatingIncomeLoss
65200000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
37000000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
974200000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
467600000
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354500000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
940000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
694100000
CY2022Q2 us-gaap Gross Profit
GrossProfit
139800000
CY2021Q2 us-gaap Gross Profit
GrossProfit
108300000
us-gaap Gross Profit
GrossProfit
279100000
us-gaap Gross Profit
GrossProfit
209100000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
46300000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
32300000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
22400000
us-gaap Profit Loss
ProfitLoss
68800000
us-gaap Profit Loss
ProfitLoss
45800000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24805000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24628000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24798000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24615000
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
166000
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
241000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
169000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7800000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
241000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24971000
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
295200000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24869000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24967000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24856000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.3
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.77
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.86
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.29
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.9
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
29600
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27094
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
19836
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14649
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
364300000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-7300000
CY2022Q2 us-gaap Goodwill Gross
GoodwillGross
357000000
us-gaap Finite Lived Intangible Assets Foreign Currency Translation Gain Loss
FiniteLivedIntangibleAssetsForeignCurrencyTranslationGainLoss
-3600000
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
291600000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-237700000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7800000
iosp Amortization Of Finite Lived Intangible Assets Translation Adjustments
AmortizationOfFiniteLivedIntangibleAssetsTranslationAdjustments
2000000
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-243500000
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
48100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8000000
iosp Restructuring Charges Including Asset Retirement Obligations
RestructuringChargesIncludingAssetRetirementObligations
1900000
us-gaap Payments For Restructuring
PaymentsForRestructuring
1900000
CY2021Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
16300000
iosp Unrecognized Tax Benefits Increases Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesDecreasesResultingFromPriorPeriodTaxPositions
0
CY2022Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
16300000
CY2022Q2 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0
CY2022Q2 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
16300000
CY2022Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
16300000
us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
100000
iosp Unrecognized Tax Benefits Increase Due To Interest Accrual
UnrecognizedTaxBenefitsIncreaseDueToInterestAccrual
100000
iosp Foreign Exchange Movements
ForeignExchangeMovements
300000
iosp Tax Cuts And Jobs Act Of2017 Tax Rate Change Income Tax Expense Benefit
TaxCutsAndJobsActOf2017TaxRateChangeIncomeTaxExpenseBenefit
300000
us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
The Company and its U.S. subsidiaries remain open to examination by the IRS for certain elements of year 2017 and for years 2018 onwards under the statute of limitations. The Company’s subsidiaries in foreign tax jurisdictions are open to examination including the U.K. (2017 onwards), Switzerland (2017 onwards), Germany (2018 onwards), Spain (2018 onwards) and France (2019 onwards)
CY2022Q2 iosp Deferred Finance Costs Asset Net
DeferredFinanceCostsAssetNet
800000
CY2021Q4 iosp Deferred Finance Costs Asset Net
DeferredFinanceCostsAssetNet
1000000
CY2021Q4 us-gaap Restructuring Reserve
RestructuringReserve
56500000
us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-700000
CY2022Q2 us-gaap Restructuring Reserve
RestructuringReserve
55800000
CY2022Q2 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
6600000
CY2022Q2 us-gaap Restructuring Reserve Noncurrent
RestructuringReserveNoncurrent
49200000
CY2022Q2 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
6000000
CY2021Q4 us-gaap Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
4600000
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
680711
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
74.6
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
169181
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
87.5
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
122052
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
69.5
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
57746
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
69.1
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
670094
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
79.2
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
26800000
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y11M23D
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-20700000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-500000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-20200000
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-7500000
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1300000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6200000

Files In Submission

Name View Source Status
0001193125-22-210760-index-headers.html Edgar Link pending
0001193125-22-210760-index.html Edgar Link pending
0001193125-22-210760.txt Edgar Link pending
0001193125-22-210760-xbrl.zip Edgar Link pending
d370302d10q.htm Edgar Link pending
d370302d10q_htm.xml Edgar Link completed
d370302dex311.htm Edgar Link pending
d370302dex312.htm Edgar Link pending
d370302dex321.htm Edgar Link pending
d370302dex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
iosp-20220630.xsd Edgar Link pending
iosp-20220630_cal.xml Edgar Link unprocessable
iosp-20220630_def.xml Edgar Link unprocessable
iosp-20220630_lab.xml Edgar Link unprocessable
iosp-20220630_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending