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Investments in and Loans to Joint Ventures (Tables)
6 Months Ended
Jun. 30, 2016
Schedule of Equity Method Investments [Line Items]  
Summary of financial information
 
 
June 30,
2016
 
December 31,
2015
 
(in thousands)
Carrying amount of investments in and loans to joint ventures
 
 
 
Ohio Castings
$
7,611

 
$
7,776

Axis
19,736

 
19,621

Total investments in and loans to joint ventures
$
27,347

 
$
27,397

Ohio Castings [Member]  
Schedule of Equity Method Investments [Line Items]  
Summary of financial information
Summary financial results for Ohio Castings, the investee company, in total, are as follows: 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2016
 
2015
 
2016
 
2015
 
(in thousands)
Results of operations
 
 
 
 
 
 
 
Revenues
$
13,683

 
$
20,507

 
$
27,337

 
$
43,895

Gross profit
$
1,004

 
$
2,314

 
$
1,214

 
$
4,362

Net earnings (loss)
$
218

 
$
1,397

 
$
(380
)
 
$
2,529

Axis [Member]  
Schedule of Equity Method Investments [Line Items]  
Summary of financial information
Summary financial results for Axis, the investee company, in total, are as follows: 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2016
 
2015
 
2016
 
2015
 
(in thousands)
Results of operations
 
 
 
 
 
 
 
Revenues
$
16,086

 
$
19,077

 
$
32,497

 
$
39,417

Gross profit
$
4,818

 
$
5,214

 
$
9,860

 
$
10,277

Earnings before interest
$
4,567

 
$
4,975

 
$
9,335

 
$
9,764

Net earnings
$
3,710

 
$
3,886

 
$
7,564

 
$
7,550