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Segments (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Results by business segment
Results by business segment were as follows:
 
Three Months Ended March 31,
 
2017
 
2016
 
(In millions)
Net sales:
 
 
 
Supply Technologies
$
133.2

 
$
129.9

Assembly Components
139.3

 
131.7

Engineered Products
71.3

 
66.4

 
$
343.8

 
$
328.0

Segment operating income:
 
 
 
Supply Technologies
$
11.3

 
$
10.2

Assembly Components
12.5

 
10.2

Engineered Products
1.7

 
1.4

Total segment operating income
25.5

 
21.8

 
 
 
 
Corporate costs
(6.6
)
 
(6.5
)
Litigation settlement gain
3.3

 

Asset impairment charge

 
(4.0
)
Operating income
22.2

 
11.3

Interest expense
(7.4
)
 
(7.1
)
Income before income taxes
$
14.8

 
$
4.2