Business Segments (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Business Segment Net Sales and Income (Loss) from Continuing Operations before Income Taxes

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

For the nine months ended September 30, 2019, the loss from continuing operations before income taxes of the FCEP segment includes bad debt expense of $1,366 for a cast roll customer who filed for bankruptcy and an impairment charge of $10,082 associated with the anticipated sale of the Avonmore Plant. For the three and nine months ended September 30, 2019, other expense, including corporate costs, includes a net gain of $2,304 resulting from the curtailment of the defined benefit pension and other postretirement plans of ANR and special termination benefits associated with the sale of the Avonmore Plant and the cessation of all manufacturing operations at ANR. Additionally, for the three and nine months ended September 30, 2020, other expense, including corporate costs, includes a dividend received from one of the Corporation’s cast roll joint ventures of $1,200. By comparison, other expense, including corporate costs, for the nine months ended September 30, 2019, includes a dividend of $1,400.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2020			2019			2020			2019
Net sales:
Forged and Cast Engineered Products	$	54,499		$	67,452		$	173,723		$	231,299
Air and Liquid Processing		21,175			23,420			67,792			69,586
Total Reportable Segments	$	75,674		$	90,872		$	241,515		$	300,885
Income (loss) from continuing operations before income taxes:
Forged and Cast Engineered Products	$	1,301		$	(437	)	$	5,434		$	(10,640	)
Air and Liquid Processing		2,261			2,280			7,691			7,371
Total Reportable Segments		3,562			1,843			13,125			(3,269	)
Other expense, including corporate costs		(1,694	)		(2,637	)		(8,073	)		(9,010	)
Total	$	1,868		$	(794	)	$	5,052		$	(12,279	)