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Business Segments (Tables)
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Business Segment Net Sales and Income (loss) before Income Taxes

Presented below are the net sales and income (loss) before income taxes for the Corporation’s two business segments.

 

 

Three Months Ended March 31,

 

 

2023

 

 

2022

 

Net sales:

 

 

 

 

 

Forged and Cast Engineered Products

$

76,798

 

 

$

74,759

 

Air and Liquid Processing

 

28,005

 

 

 

19,667

 

Total Reportable Segments

$

104,803

 

 

$

94,426

 

Income (loss) before income taxes:

 

 

 

 

 

Forged and Cast Engineered Products

$

2,224

 

 

$

(398

)

Air and Liquid Processing

 

2,953

 

 

 

2,661

 

Total Reportable Segments

 

5,177

 

 

 

2,263

 

Other expense, including corporate costs

 

(3,879

)

 

 

(2,294

)

Total

$

1,298

 

 

$

(31

)