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Segments (Tables)
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Results by business segment
Results by business segment were as follows:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
(In millions)
Net sales:
 
 
 
 
 
 
 
Supply Technologies
$
142.4

 
$
132.9

 
$
275.6

 
$
262.8

Assembly Components
126.0

 
134.3

 
265.3

 
266.0

Engineered Products
82.5

 
62.2

 
153.8

 
128.6

 
$
350.9

 
$
329.4

 
$
694.7

 
$
657.4

Segment operating income:
 
 
 
 
 
 
 
Supply Technologies
$
12.4

 
$
10.9

 
$
23.7

 
$
21.1

Assembly Components
13.1

 
14.2

 
25.6

 
24.4

Engineered Products
5.8

 
3.2

 
7.5

 
4.6

Total segment operating income
31.3

 
28.3

 
56.8

 
50.1

 
 
 
 
 
 
 
 
Corporate costs
(7.2
)
 
(8.0
)
 
(13.8
)
 
(14.5
)
Litigation settlement gain

 

 
3.3

 

Asset impairment charge

 

 

 
(4.0
)
Operating income
24.1

 
20.3

 
46.3

 
31.6

Interest expense
(7.9
)
 
(7.0
)
 
(15.3
)
 
(14.1
)
Loss on extinguishment of debt
(11.0
)
 

 
(11.0
)
 

Income before income taxes
$
5.2

 
$
13.3

 
$
20.0

 
$
17.5