Segment Information (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Reportable Segment Information

The following table presents certain reportable segment information (in thousands):

	As of and for the year ended December 31,
	2019			2018			2017
Net revenues
Energy	$	240,982		$	288,877		$	183,399
Aerospace & Defense	272,625			237,017			182,983
Industrial	450,706			487,576			139,110
Consolidated revenues	$	964,313		$	1,013,470		$	505,492
Segment income
Energy - Segment Operating Income	$	30,394		$	38,779		$	21,708
Aerospace & Defense - Segment Operating Income	52,480			36,047			23,375
Industrial - Segment Operating Income	52,188			57,340			19,932
Corporate expenses	(25,262		)	(30,299		)	(21,744		)
Subtotal	109,800			101,867			43,271
Special restructuring charges, net	5,186			5,848			2,559
Special other charges, net	17,686			13,061			7,330
Special and restructuring charges, net	22,872			18,909			9,889
Restructuring related inventory charges	(820		)	346			—
Amortization of inventory step-up	—			6,600			4,300
Acquisition amortization	45,715			47,310			12,542
Acquisition depreciation	4,352			7,049			233
Restructuring and other cost, net	49,247			61,305			17,075
Consolidated Operating Income	37,681			21,653			16,307
Interest Expense, net (a)	48,609			52,975			10,841
Other Expense (Income), net (a)	(836		)	(7,426		)	1,826
(Loss) income from continuing operations before income taxes	$	(10,092	)	$	(23,896	)	$	3,640
Identifiable assets
Energy	$	355,870		$	882,630		$	837,492
Aerospace & Defense	426,405			399,102			375,094
Industrial	1,405,056			1,279,048			1,408,217
Corporate	(716,386		)	(769,168		)	(714,004		)
Consolidated Identifiable assets	$	1,470,945		$	1,791,612		$	1,906,799
Capital expenditures
Energy	$	1,766		$	4,814		$	2,631
Aerospace & Defense	4,376			4,739			3,400
Industrial	5,757			9,813			5,928
Corporate	1,074			1,787			1,378
Consolidated Capital expenditures	$	12,973		$	21,153		$	13,337
Depreciation and amortization
Energy	$	11,012		$	13,785		$	9,515
Aerospace & Defense	11,531			10,937			4,325
Industrial	46,564			49,939			11,881
Corporate	529			750			1,313
Consolidated Depreciation and amortization	$	69,636		$	75,411		$	27,034

Net Revenues By Geographic Area

	Year Ended December 31,
Net revenues by geographic area (in thousands)	2019		2018		2017
United States	$	412,686	$	430,575	$	234,684
France	49,724		48,344		41,584
Germany	96,232		97,526		32,092
Canada	25,963		33,531		15,715
Saudi Arabia	11,562		9,643		6,260
United Kingdom	36,760		35,869		25,217
China	32,779		35,732		15,056
Norway	23,045		15,009		10,803
Rest of Europe	111,852		101,787		48,849
Rest of Asia-Pacific	96,711		86,261		44,816
Other	66,999		119,193		30,416
Total net revenues	$	964,313	$	1,013,470	$	505,492

Long-Lived Assets By Geographic Area

	December 31,
Long-lived assets by geographic area (in thousands)	2019		2018
United States	$	90,136	$	117,784
Germany	52,843		41,852
UK	11,510		11,330
India	8,319		8,535
France	3,130		3,271
Other	6,241		6,900
Total long-lived assets	$	172,179	$	189,672