Business Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Operating Results and Other Financial Data

Segment operating results and other financial data for the three months ended March 31, 2020 and 2019 were as follows:

	2020			2019
	(in millions)
Sales
Sealing Products	$	216.1		$	224.5
Engineered Products	67.9			79.5
	284.0			304.0
Intersegment sales	(1.3		)	(1.0		)
Net sales	$	282.7		$	303.0
Segment Profit
Sealing Products	$	25.7		$	20.8
Engineered Products	3.4			6.2
Total segment profit	29.1			27.0
Corporate expenses	(8.5		)	(9.6		)
Interest expense, net	(4.0		)	(4.5		)
Other income (expense), net	1.3			(2.3		)
Income from continuing operations before income taxes	$	17.9		$	10.6

Schedule of Total Assets Segment

Segment assets are as follows:

	March 31, 2020		December 31, 2019
	(in millions)
Sealing Products	$	1,317.2	$	1,337.6
Engineered Products	235.2		238.3
Corporate	489.2		205.1
Discontinued operations	—		254.1
	$	2,041.6	$	2,035.1

Disaggregation of Revenue

Below is a summary of our third party sales by major end market with which we did business for the three months ended March 31, 2020 and 2019:

	Three Months Ended March 31, 2020
(in millions)	Sealing Products		Engineered Products		Total
Aerospace	$	12.5	$	2.3	$	14.8
Automotive	0.2		20.5		20.7
Chemical and material processing	12.9		10.1		23.0
Food and pharmaceutical	11.2		0.5		11.7
General industrial	46.0		19.4		65.4
Medium-duty/heavy-duty truck	68.8		0.1		68.9
Oil and gas	15.0		10.4		25.4
Power generation	9.9		4.4		14.3
Semiconductors	36.5		—		36.5
Other	1.9		0.1		2.0
Total third party sales	$	214.9	$	67.8	$	282.7

	Three Months Ended March 31, 2019
(in millions)	Sealing Products		Engineered Products		Total
Aerospace	$	12.1	$	2.7	$	14.8
Automotive	1.0		23.3		24.3
Chemical and material processing	15.4		12.2		27.6
Food and pharmaceutical	9.7		0.2		9.9
General industrial	43.5		26.3		69.8
Medium-duty/heavy-duty truck	89.2		0.2		89.4
Oil and gas	14.3		10.5		24.8
Power generation	10.6		2.4		13.0
Semiconductors	25.6		—		25.6
Other	2.3		1.5		3.8
Total third party sales	$	223.7	$	79.3	$	303.0