Business Segments (Tables)

3 Months Ended

Sep. 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 three months ended September 30, 2025 and 2024 are provided below. See Note 4 Revenue for comparative information of the Company's overall revenue by segment, end-use market and geographical location. The Company believes further disaggregation of revenue is impracticable.

	Three Months Ended September 30, 2025						Three Months Ended September 30, 2024
($ in millions)	SAO		PEP		Total		SAO		PEP		Total
Sales to external customers	$	656.1	$	77.6	$	733.7	$	641.6	$	76.0	$	717.6
Intersegment sales	3.5		16.0		19.5		3.5		24.8		28.3
Total sales	659.6		93.6		753.2		645.1		100.8		745.9
Reconciliation of sales
Elimination of intersegment					(19.5)						(28.3)
Consolidated net sales					$	733.7					$	717.6
Less: (a)
Cost of sales	458.0		78.8		536.8		481.5		87.8		569.3
Other segment items (b)	30.9		5.4		36.3		29.1		5.7		34.8
Segment operating income	170.7		9.4		180.1		134.5		7.3		141.8
Reconciliation of operating income
Corporate costs (c)					(26.6)						(28.0)
Elimination of intersegment					(0.2)						(0.2)
Consolidated operating income					$	153.3					$	113.6
Other items:
Interest expense, net					11.5						12.4
Other income (expense), net					(3.0)						0.1
Income before income taxes					$	144.8					$	101.1

(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 primarily includes selling, general and administrative expenses.

(c)    Corporate costs include items that management considers not representative of ongoing operations, such as restructuring charges and other specifically identified income or expense items.

Additional data by segment for three months ended September 30, 2025 and 2024 is as follows:

Depreciation and Amortization	Three Months Ended September 30,
($ in millions)	2025		2024
Specialty Alloys Operations	$	30.4	$	28.6
Performance Engineered Products	4.4		3.9
Corporate	1.2		1.3
Consolidated depreciation and amortization	$	36.0	$	33.8

Capital Expenditures	Three Months Ended September 30,
($ in millions)	2025		2024
Specialty Alloys Operations	$	38.9	$	20.5
Performance Engineered Products	3.0		6.1
Corporate	0.7		0.3
Consolidated capital expenditures	$	42.6	$	26.9

Total Assets	September 30, 2025		June 30, 2025
($ in millions)
Specialty Alloys Operations	$	2,686.1	$	2,649.3
Performance Engineered Products	408.9		413.5
Total segment assets	3,095.0		3,062.8
Corporate	310.6		433.2
Intersegment	(3.4)		(9.2)
Consolidated total assets	$	3,402.2	$	3,486.8

Schedule of Long Lived Assets

Long-lived Assets (a)	September 30, 2025		June 30, 2025
($ in millions)
United States	$	1,368.3	$	1,354.4
Europe	2.8		3.0
Mexico	1.1		1.2
Asia Pacific	0.4		0.4
Canada	0.3		0.4
Consolidated long-lived assets	$	1,372.9	$	1,359.4

(a) Long-lived assets consists primarily of property, plant, equipment and software, net.