Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Business Segment Information

The following table summarizes total assets by segment:

	June 30, 2015		December 31, 2014
	(in millions)
Advanced Plastic Processing Technologies	$	476.0	$	460.9
Melt Delivery and Control Systems	1,094.4		1,112.1
Fluid Technologies	146.0		150.2
Corporate	53.5		67.5
Total assets	$	1,769.9	$	1,790.7

The following table summarizes long-lived assets by segment:

	June 30, 2015		December 31, 2014
	(in millions)
Advanced Plastic Processing Technologies	$	103.1	$	98.3
Melt Delivery and Control Systems	92.2		97.6
Fluid Technologies	15.6		17.1
Corporate	4.3		3.9
Total long-lived assets	$	215.2	$	216.9

The following tables summarize segment information:

	Three months ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
	(in millions)
Net sales to external customers:
Advanced Plastic Processing Technologies	$	169.9	$	158.3	$	321.3	$	310.3
Melt Delivery and Control Systems	101.8		105.2		201.2		201.8
Fluid Technologies	29.6		32.4		58.0		64.1
Total net sales to external customers	$	301.3	$	295.9	$	580.5	$	576.2

	Three months ended June 30,						Six Months Ended June 30,
	2015			2014			2015			2014
	(in millions)
Operating earnings:
Advanced Plastic Processing Technologies	$	13.2		$	7.2		$	24.0		$	18.0
Melt Delivery and Control Systems	20.9			22.6			23.3			33.2
Fluid Technologies	3.8			2.7			6.6			5.1
Corporate	(18.3		)	(7.7		)	(26.9		)	(16.2		)
Operating earnings	$	19.6		$	24.8		$	27.0		$	40.1
Capital expenditures:
Advanced Plastic Processing Technologies	$	6.9		$	4.8		$	16.5		$	7.6
Melt Delivery and Control Systems	4.8			1.9			9.3			7.2
Fluid Technologies	0.1			0.1			0.3			0.3
Corporate	0.4			0.3			0.7			1.0
Total capital expenditures	$	12.2		$	7.1		$	26.8		$	16.1
Depreciation and amortization:
Advanced Plastic Processing Technologies	$	5.1		$	5.5		$	10.4		$	11.0
Melt Delivery and Control Systems	9.1			10.1			18.2			19.6
Fluid Technologies	1.7			2.3			3.4			4.6
Corporate	0.1			(0.1		)	0.2			—
Total depreciation and amortization	$	16.0		$	17.8		$	32.2		$	35.2

Net Sales to External Customers, by Geographic Region

	Three months ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
	(in millions)
Net sales to external customers:
United States	$	143.0	$	131.6	$	272.9	$	255.2
Rest of World	158.3		164.3		307.6		321.0
Total net sales to external customers	$	301.3	$	295.9	$	580.5	$	576.2

Long-lived Assets, by Geographic Region

	June 30, 2015		December 31, 2014
	(in millions)
Long-lived assets
United States	$	73.5	$	72.8
Rest of World	141.7		144.1
Long-lived assets	$	215.2	$	216.9