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Segment Reporting
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting
 
 
 
 
 
 
 
Other
 
 
(Thousands)
 
Performance
Alloys and
Composites
 
Advanced Materials
 
Other (1)
 
Corporate (2)
 
Subtotal
 
Total
Third Quarter 2016
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
103,699

 
$
107,250

 
$
38,670

 
$

 
$
38,670

 
$
249,619

Intersegment sales (3)
 
47

 
21,505

 

 

 

 
21,552

Value-added sales
 
87,247

 
45,960

 
25,803

 
(2,009
)
 
23,794

 
157,001

Operating profit (loss)
 
4,357

 
8,245

 
3,432

 
(5,883
)
 
(2,451
)
 
10,151

Third Quarter 2015
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
93,566

 
$
113,635

 
$
37,142

 
$
11

 
$
37,153

 
$
244,354

Intersegment sales (3)
 
191

 
15,316

 

 

 

 
15,507

Value-added sales
 
79,596

 
44,520

 
25,671

 
(948
)
 
24,723

 
148,839

Operating profit (loss)
 
4,547

 
6,950

 
2,273

 
(2,909
)
 
(636
)
 
10,861

 
 
 
 
 
 
 
 
 
 
 
 
 
First Nine Months 2016
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
292,024

 
$
328,927

 
$
113,955

 
$

 
$
113,955

 
$
734,906

Intersegment sales (3)
 
226

 
54,110

 

 

 

 
54,336

Value-added sales
 
248,799

 
135,019

 
75,548

 
(4,573
)
 
70,975

 
454,793

Operating profit (loss)
 
6,103

 
20,748

 
9,803

 
(13,194
)
 
(3,391
)
 
23,460

First Nine Months 2015
 
 
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
304,507

 
$
394,922

 
$
112,024

 
$
(220
)
 
$
111,804

 
$
811,233

Intersegment sales (3)
 
733

 
48,830

 

 

 

 
49,563

Value-added sales
 
256,697

 
142,952

 
75,438

 
(1,258
)
 
74,180

 
473,829

Operating profit (loss)
 
20,677

 
23,289

 
4,512

 
(11,274
)
 
(6,762
)
 
37,204


(1) 
Other represents the Precision Coatings group, which is a business included in the Other reportable segment.
(2) 
Costs associated with the Company's unallocated corporate functions have been shown separately to better illustrate the financial information for the businesses within the Other reportable segment.
(3) 
Intersegment sales are eliminated in consolidation.