Business Segments (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

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 three and nine months ended September 30, 2018, includes higher pension and other postretirement benefit income of approximately $1,300 and $3,600, respectively, when compared to the three and nine months ended September 30, 2017. Additionally, for the nine months ended September 30, 2018, other expense, including corporate costs, includes the impact of a favorable contractual settlement with a third party of approximately $2,425. Prior year amounts have been adjusted to include the effects of ASU 2017-07, which became effective on January 1, 2018.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2018			2017			2018			2017
Net sales:
Forged and Cast Engineered Products	$	88,090		$	81,679		$	284,984		$	251,739
Air and Liquid Processing		24,126			22,207			69,736			66,213
Total Reportable Segments	$	112,216		$	103,886		$	354,720		$	317,952
(Loss) income before income taxes:
Forged and Cast Engineered Products	$	(5,395	)	$	(1,470	)	$	(5,983	)	$	(2,639	)
Air and Liquid Processing		2,965			2,419			8,972			7,780
Total Reportable Segments		(2,430	)		949			2,989			5,141
Other expense, including corporate costs		(3,226	)		(4,656	)		(9,849	)		(15,761	)
Total	$	(5,656	)	$	(3,707	)	$	(6,860	)	$	(10,620	)