Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Business Segment Information

The following table summarizes total assets by segment:

	September 30, 2016		December 31, 2015
	(in millions)
Advanced Plastic Processing Technologies	$	500.6	$	501.1
Melt Delivery and Control Systems	1,040.4		1,029.3
Fluid Technologies	146.9		141.7
Corporate	43.6		24.2
Total assets	$	1,731.5	$	1,696.3

The following table summarizes long-lived assets, net by segment:

	September 30, 2016		December 31, 2015
	(in millions)
Advanced Plastic Processing Technologies	$	108.1	$	110.0
Melt Delivery and Control Systems	94.3		90.3
Fluid Technologies	15.5		15.4
Corporate	5.4		6.1
Total long-lived assets	$	223.3	$	221.8

The following tables summarize segment information:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
	(in millions)
Net sales to external customers:
Advanced Plastic Processing Technologies	$	168.7	$	170.8	$	503.8	$	496.0
Melt Delivery and Control Systems	95.4		92.0		288.9		289.3
Fluid Technologies	28.1		29.9		84.9		87.9
Total net sales to external customers	$	292.2	$	292.7	$	877.6	$	873.2

	Three Months Ended September 30,						Nine Months Ended September 30,
	2016			2015			2016			2015
	(in millions)
Operating earnings (loss):
Advanced Plastic Processing Technologies	$	11.2		$	16.1		$	36.5		$	39.3
Melt Delivery and Control Systems	20.5			10.0			73.0			34.1
Fluid Technologies	4.1			2.7			13.2			9.3
Corporate	(6.7		)	(17.8		)	(25.9		)	(44.7		)
Total operating earnings	$	29.1		$	11.0		$	96.8		$	38.0
Capital expenditures:
Advanced Plastic Processing Technologies	$	4.7		$	5.8		$	16.8		$	22.3
Melt Delivery and Control Systems	5.0			5.9			13.4			15.2
Fluid Technologies	0.4			0.2			0.8			0.5
Corporate	—			1.0			—			1.7
Total capital expenditures	$	10.1		$	12.9		$	31.0		$	39.7
Depreciation and amortization:
Advanced Plastic Processing Technologies	$	5.0		$	4.5		$	15.0		$	14.9
Melt Delivery and Control Systems	8.4			8.6			25.1			26.8
Fluid Technologies	1.4			1.6			4.1			5.0
Corporate	0.2			0.1			0.6			0.3
Total depreciation and amortization	$	15.0		$	14.8		$	44.8		$	47.0

Net Sales to External Customers, by Geographic Region

	Three Months Ended September 30,				Nine Months Ended September 30,
	2016		2015		2016		2015
	(in millions)
Net sales to external customers:
United States	$	142.0	$	145.9	$	415.1	$	418.8
Rest of World	150.2		146.8		462.5		454.4
Total net sales to external customers	$	292.2	$	292.7	$	877.6	$	873.2

Long-lived Assets, by Geographic Region

	September 30, 2016		December 31, 2015
	(in millions)
Long-lived assets:
United States	$	79.6	$	78.3
Rest of World	143.7		143.5
Total long-lived assets	$	223.3	$	221.8