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Business Segments (Tables)
6 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments
 
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
($ in millions)
 
2019
 
2018
 
2019
 
2018
Net Sales:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
483.0

 
$
461.6

 
$
974.1

 
$
937.1

Performance Engineered Products
 
106.0

 
112.9

 
215.4

 
224.6

Intersegment
 
(16.0
)
 
(18.0
)
 
(31.1
)
 
(32.8
)
Consolidated net sales
 
$
573.0

 
$
556.5


$
1,158.4


$
1,128.9

 
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
($ in millions)
 
2019
 
2018
 
2019
 
2018
Operating Income (Loss):
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
76.3

 
$
69.0

 
$
157.3

 
$
121.7

Performance Engineered Products
 
0.4

 
4.4

 
(1.7
)
 
11.7

Corporate (including restructuring charges)
 
(21.9
)
 
(18.4
)
 
(41.0
)
 
(34.2
)
Intersegment
 
0.2

 
0.4

 
0.2

 
1.2

Consolidated operating income
 
$
55.0

 
$
55.4


$
114.8


$
100.4

 
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
($ in millions)
 
2019
 
2018
 
2019
 
2018
Depreciation and Amortization:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
23.2

 
$
23.8

 
$
46.8

 
$
47.5

Performance Engineered Products
 
6.2

 
5.5

 
12.1

 
10.5

Corporate
 
1.3

 
1.2

 
2.6

 
2.4

Intersegment
 
(0.2
)
 
(0.2
)
 
(0.5
)
 
(0.3
)
Consolidated depreciation and amortization
 
$
30.5

 
$
30.3


$
61.0


$
60.1

 
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
($ in millions)
 
2019
 
2018
 
2019
 
2018
Capital Expenditures:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
24.9

 
$
20.8

 
$
50.1

 
$
41.4

Performance Engineered Products
 
5.4

 
13.3

 
11.6

 
26.9

Corporate
 
16.4

 
6.5

 
32.6

 
14.2

Intersegment
 

 
(0.5
)
 

 
(0.8
)
Consolidated capital expenditures
 
$
46.7

 
$
40.1


$
94.3


$
81.7

 
 
December 31,
2019
 
June 30,
2019
($ in millions)
 
 
Total Assets:
 
 

 
 

Specialty Alloys Operations
 
$
2,479.2

 
$
2,349.2

Performance Engineered Products
 
695.7

 
664.8

Corporate
 
233.0

 
192.5

Intersegment
 
(4.3
)
 
(18.7
)
Consolidated total assets
 
$
3,403.6

 
$
3,187.8