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Business Segments (Tables)
9 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments
 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
($ in millions)
 
2020
 
2019
 
2020
 
2019
Net Sales:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
488.1

 
$
498.3

 
$
1,462.2

 
$
1,435.4

Performance Engineered Products
 
108.6

 
128.7

 
324.0

 
353.4

Intersegment
 
(11.3
)
 
(17.1
)
 
(42.4
)
 
(50.0
)
Consolidated net sales
 
$
585.4

 
$
609.9


$
1,743.8


$
1,738.8

 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
($ in millions)
 
2020
 
2019
 
2020
 
2019
Operating Income (Loss):
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
76.4

 
$
73.6

 
$
233.7

 
$
195.3

Performance Engineered Products
 
(0.3
)
 
16.6

 
(2.0
)
 
28.3

Corporate costs (including restructuring charges)
 
(17.8
)
 
(17.3
)
 
(58.8
)
 
(51.5
)
Intersegment
 
0.4

 
0.3

 
0.6

 
1.5

Consolidated operating income
 
$
58.7

 
$
73.2


$
173.5


$
173.6

 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
($ in millions)
 
2020
 
2019
 
2020
 
2019
Depreciation and Amortization:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
23.1

 
$
23.8

 
$
69.8

 
$
71.3

Performance Engineered Products
 
6.5

 
6.0

 
18.5

 
16.5

Corporate
 
1.8

 
1.2

 
4.4

 
3.6

Intersegment
 
(0.2
)
 
(0.2
)
 
(0.5
)
 
(0.5
)
Consolidated depreciation and amortization
 
$
31.2

 
$
30.8


$
92.2


$
90.9

 
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
($ in millions)
 
2020
 
2019
 
2020
 
2019
Capital Expenditures:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
34.1

 
$
24.6

 
$
84.3

 
$
66.0

Performance Engineered Products
 
4.3

 
15.3

 
15.9

 
42.2

Corporate
 
11.3

 
9.4

 
43.9

 
23.6

Intersegment
 

 
(0.3
)
 
(0.1
)
 
(1.1
)
Consolidated capital expenditures
 
$
49.7

 
$
49.0


$
144.0


$
130.7

 
 
March 31,
2020
 
June 30,
2019
($ in millions)
 
 
Total Assets:
 
 

 
 

Specialty Alloys Operations
 
$
2,448.7

 
$
2,349.2

Performance Engineered Products
 
682.3

 
664.8

Corporate
 
311.3

 
192.5

Intersegment
 
(12.9
)
 
(18.7
)
Consolidated total assets
 
$
3,429.4

 
$
3,187.8