Business Segments (Tables)

6 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments

Segment Data	Three Months Ended December 31,						Six Months Ended December 31,
($ in millions)	2016			2015			2016			2015
Net Sales:
Specialty Alloys Operations	$	348.6		$	363.6		$	663.7		$	736.2
Performance Engineered Products	83.2			85.4			161.7			177.0
Intersegment	(4.4		)	(5.2		)	(9.1		)	(13.8		)
Consolidated net sales	$	427.4		$	443.8		$	816.3		$	899.4

Segment Data	Three Months Ended December 31,						Six Months Ended December 31,
($ in millions)	2016			2015			2016			2015
Operating Income:
Specialty Alloys Operations	$	35.6		$	41.5		$	60.6		$	82.7
Performance Engineered Products	0.8			(2.9		)	(2.0		)	(3.3		)
Corporate costs	(16.0		)	(12.7		)	(29.8		)	(24.8		)
Pension earnings, interest and deferrals	(5.6		)	(4.8		)	(12.7		)	(9.6		)
Intersegment	0.6			0.7			0.7			1.7
Consolidated operating income	$	15.4		$	21.8		$	16.8		$	46.7

Segment Data	Three Months Ended December 31,					Six Months Ended December 31,
($ in millions)	2016		2015			2016			2015
Depreciation and Amortization:
Specialty Alloys Operations	$	23.7	$	23.9		$	47.2		$	47.4
Performance Engineered Products	5.2		5.7			10.3			11.4
Corporate	0.9		0.9			1.7			1.9
Intersegment	0.1		(0.2		)	(0.5		)	(0.4		)
Consolidated depreciation and amortization	$	29.9	$	30.3		$	58.7		$	60.3

Segment Data	Three Months Ended December 31,					Six Months Ended December 31,
($ in millions)	2016		2015			2016			2015
Capital Expenditures:
Specialty Alloys Operations	$	8.3	$	17.0		$	23.0		$	36.7
Performance Engineered Products	2.5		2.2			7.0			11.3
Corporate	7.7		0.5			15.2			1.6
Intersegment	—		(0.1		)	(0.1		)	(0.1		)
Consolidated capital expenditures	$	18.5	$	19.6		$	45.1		$	49.5

Segment Data	December 31, 2016			June 30, 2016
($ in millions)
Total Assets:
Specialty Alloys Operations	$	2,267.6		$	2,256.5
Performance Engineered Products	408.2			415.8
Corporate	119.8			151.3
Intersegment	(18.2		)	(29.3		)
Consolidated total assets	$	2,777.4		$	2,794.3