Business Segments (Tables)

6 Months Ended

Jun. 30, 2018

Business Segment Net Sales and (Loss) Income before Income Taxes

Presented below are the net sales and (loss) income before income taxes for the Corporation’s two business segments. Other expense, including corporate costs, for the six months ended June 30, 2018, includes the impact of a favorable contractual settlement with a third party of approximately $2,425 and higher pension and other postretirement benefit income of approximately $2,300, offset by interest, fees and early termination costs incurred in the prior year associated with the repayment of debt assumed in connection with a 2016 acquisition. Prior year amounts have been adjusted to include the effects of ASU 2017-07, which became effective on January 1, 2018.

	Three Months Ended June 30,											Six Months Ended June 30,
		2018				2017				2018					2017
Net sales:
Forged and Cast Engineered Products			$	102,986			$	88,358			$		196,894			$	170,060
Air and Liquid Processing				24,441				22,192					45,610				44,006
Total Reportable Segments			$	127,427			$	110,550			$		242,504			$	214,066
(Loss) income before income taxes:
Forged and Cast Engineered Products			$	(1,464	)		$	(446	)		$		(588	)		$	(1,169	)
Air and Liquid Processing				3,748				2,680					6,007				5,361
Total Reportable Segments				2,284				2,234					5,419				4,192
Other expense, including corporate costs				(4,436	)			(4,570	)				(6,623	)			(11,105	)
Total			$	(2,152	)		$	(2,336	)		$		(1,204	)		$	(6,913	)