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Segment Information, Geographic and Product Data (Tables)
12 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Results of Operation, Depreciation and Amortization, Capital Expenditures and Total Assets by Reportable Segments
Net sales and operating income by segment for the years ended June 30, 2025, 2024 and 2023 are provided below. See Note 4 Revenue for comparative information of the Company's overall revenue by segment, end-use market and geographical location. Further disaggregation of revenue is impracticable.

Year Ended June 30, 2025Year Ended June 30, 2024Year Ended June 30, 2023
($ in millions)SAOPEPTotalSAOPEPTotalSAOPEPTotal
Sales to external customers$2,548.7 $328.4 $2,877.1 $2,432.8 $326.9 $2,759.7 $2,201.5 $348.8 $2,550.3 
Intersegment sales14.9 77.0 91.9 11.0 84.1 95.1 12.1 84.9 97.0 
Total sales2,563.6 405.4 2,969.0 2,443.8 411.0 2,854.8 2,213.6 433.7 2,647.3 
Reconciliation of sales
Elimination of intersegment(91.9)(95.1)(97.0)
Consolidated net sales$2,877.1 $2,759.7 $2,550.3 
Less: (a)
Cost of sales1,855.8 344.0 2,199.8 1,923.0 349.5 2,272.5 1,934.9 373.0 2,307.9 
Other segment items (b)119.2 24.4 143.6 112.3 25.5 137.8 99.6 28.9 128.5 
Segment operating income588.6 37.0 625.6 408.5 36.0 444.5 179.1 31.8 210.9 
Reconciliation of operating income
Corporate costs(102.9)(123.0)(75.5)
Elimination of intersegment(0.9)1.6 (2.3)
Consolidated operating income$521.8 $323.1 $133.1 
Other items:
Interest expense, net48.4 51.0 54.1 
Other expense, net6.1 60.5 6.5 
Income before income taxes$467.3 $211.6 $72.5 

(a)    The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Intersegment expenses are included within the amounts shown.
(b)    Other segment items for each reportable segment include selling, general and administrative expenses.
Additional data by segment for the years ended June 30, 2025, 2024 and 2023 is as follows:

Depreciation and AmortizationYears Ended June 30,
($ in millions)202520242023
Specialty Alloys Operations$117.3 $113.3 $110.0 
Performance Engineered Products16.5 16.3 15.6 
Corporate5.4 5.0 5.4 
Consolidated depreciation and amortization$139.2 $134.6 $131.0 
Capital ExpendituresYears Ended June 30,
($ in millions)202520242023
Specialty Alloys Operations$135.9 $80.0 $70.2 
Performance Engineered Products15.0 13.2 10.1 
Corporate3.4 3.4 2.0 
Consolidated capital expenditures$154.3 $96.6 $82.3 
Total AssetsJune 30,
($ in millions)20252024
Specialty Alloys Operations$2,649.3 $2,542.2 
Performance Engineered Products413.5 431.5 
Total segment assets3,062.8 2,973.7 
Corporate433.2 334.8 
Intersegment(9.2)(16.8)
Consolidated total assets$3,486.8 $3,291.7 
Schedule of Net Sales by Geographic Segment
Geographic Location
Net Sales (a)
Years Ended June 30,
($ in millions)202520242023
United States$1,699.9 $1,623.0 $1,556.2 
Europe596.2 503.8 437.3 
Asia Pacific344.4 391.3 319.5 
Mexico121.5 120.1 124.0 
Canada61.2 70.1 60.1 
Other53.9 51.4 53.2 
Consolidated net sales$2,877.1 $2,759.7 $2,550.3 
(a)     Net sales are attributed to geographic region based on the location of the customer.
Schedule of Long-Lived Assets by Geographic Segment
Long-lived Assets (a)June 30,
($ in millions)20252024
United States$1,354.4 $1,330.0 
Europe3.0 3.0 
Mexico1.2 1.3 
Asia Pacific0.4 0.5 
Canada0.4 0.4 
Consolidated long-lived assets$1,359.4 $1,335.2 
(a)     Long-lived assets consists primarily of property, plant, equipment and software, net.