Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Business Segment Information

The following table summarizes total assets by segment:

	June 30, 2018		December 31, 2017
	(in millions)
Advanced Plastic Processing Technologies	$	521.3	$	524.8
Melt Delivery and Control Systems	1,093.6		1,104.5
Fluid Technologies	147.7		149.0
Corporate	55.9		80.5
Total assets	$	1,818.5	$	1,858.8

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

	June 30, 2018		December 31, 2017
	(in millions)
Advanced Plastic Processing Technologies	$	119.7	$	123.5
Melt Delivery and Control Systems	110.4		113.3
Fluid Technologies	17.0		17.8
Corporate	6.8		6.2
Total long-lived assets, net	$	253.9	$	260.8

The following tables summarize segment information:

	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
	(in millions)
Net sales to external customers:
Advanced Plastic Processing Technologies	$	170.4	$	166.3	$	332.3	$	322.9
Melt Delivery and Control Systems	124.1		112.4		240.6		212.2
Fluid Technologies	33.6		30.5		65.6		59.5
Total net sales to external customers	$	328.1	$	309.2	$	638.5	$	594.6

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
	(in millions)
Operating earnings (loss):
Advanced Plastic Processing Technologies	$	10.6		$	5.2		$	13.2		$	7.6
Melt Delivery and Control Systems	30.3			30.1			57.0			55.6
Fluid Technologies	6.4			5.5			12.4			10.1
Corporate	(12.1		)	(11.9		)	(24.3		)	(24.4		)
Total operating earnings	$	35.2		$	28.9		$	58.3		$	48.9
Capital expenditures:
Advanced Plastic Processing Technologies	$	2.8		$	4.0		$	5.1		$	9.9
Melt Delivery and Control Systems	4.7			7.5			8.8			14.1
Fluid Technologies	0.3			0.7			0.9			0.8
Corporate	0.8			0.1			1.1			0.2
Total capital expenditures	$	8.6		$	12.3		$	15.9		$	25.0
Depreciation and amortization:
Advanced Plastic Processing Technologies	$	4.5		$	4.9		$	9.0		$	9.7
Melt Delivery and Control Systems	8.4			8.0			16.9			16.2
Fluid Technologies	1.1			1.2			2.2			2.4
Corporate	0.3			0.2			0.6			0.5
Total depreciation and amortization	$	14.3		$	14.3		$	28.7		$	28.8

Net Sales to External Customers, by Geographic Region

	Three Months Ended June 30,				Six Months Ended June 30,
	2018		2017		2018		2017
	(in millions)
Net sales to external customers:
United States	$	137.1	$	137.0	$	258.2	$	264.2
China	48.6		39.7		89.6		66.9
India	31.9		24.5		67.9		52.1
Rest of World	110.5		108.0		222.8		211.4
Total net sales to external customers	$	328.1	$	309.2	$	638.5	$	594.6

Long-lived Assets, by Geographic Region

	June 30, 2018		December 31, 2017
	(in millions)
Long-lived assets, net:
United States	$	65.3	$	67.9
China	49.5		48.1
India	35.7		27.5
Czech Republic	38.5		48.2
Canada	29.5		31.0
Rest of World	35.4		38.1
Total long-lived assets, net	$	253.9	$	260.8