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Business Segments
3 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Business Segments

Note 18 – Business Segments

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

 

 

 

 

Three Months Ended March 31,

 

 

 

 

 

 

2022

 

 

2021

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

Forged and Cast Engineered Products

 

 

 

 

$

74,759

 

 

$

63,351

 

Air and Liquid Processing

 

 

 

 

 

19,667

 

 

 

23,449

 

Total Reportable Segments

 

 

 

 

$

94,426

 

 

$

86,800

 

Income before income taxes:

 

 

 

 

 

 

 

 

 

 

 

Forged and Cast Engineered Products

 

 

 

 

$

1,298

 

 

$

1,846

 

Air and Liquid Processing

 

 

 

 

 

2,661

 

 

 

2,312

 

Total Reportable Segments

 

 

 

 

 

3,959

 

 

 

4,158

 

Other expense, including corporate costs

 

 

 

 

 

(2,294

)

 

 

(3,463

)

Total

 

 

 

 

$

1,665

 

 

$

695