Segments (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Results by business segment

Results by business segment were as follows:

	Year Ended December 31,
	2019			2018			2017
Net sales:
Supply Technologies	$	611.5		$	636.8		$	561.8
Assembly Components	539.5			578.3			524.5
Engineered Products	467.3			443.0			326.6
	$	1,618.3		$	1,658.1		$	1,412.9
Segment operating income:
Supply Technologies	$	42.0		$	49.0		$	43.3
Assembly Components	36.2			42.9			47.8
Engineered Products	37.7			38.4			19.5
Total segment operating income	115.9			130.3			110.6
Corporate costs	(28.5		)	(34.9		)	(30.1		)
One-time net expense related to former President	(4.3		)	—			—
Gain on sale of assets	—			1.9			—
Litigation settlement gain	—			—			3.3
Operating income	83.1			97.3			83.8
Other components of pension income and other postretirement benefits expense, net	5.6			8.8			6.4
Interest expense, net	(33.8		)	(34.3		)	(31.5		)
Loss on extinguishment of debt	—			—			(11.0		)
Income before income taxes	$	54.9		$	71.8		$	47.7

	Year Ended December 31,
	2019		2018		2017
Capital expenditures:
Supply Technologies	$	6.1	$	5.2	$	3.3
Assembly Components	19.5		24.3		18.6
Engineered Products	14.3		15.4		5.7
Corporate	0.2		0.2		0.3
	$	40.1	$	45.1	$	27.9
Depreciation and amortization expense:
Supply Technologies	$	4.8	$	5.3	$	4.7
Assembly Components	20.1		22.2		20.7
Engineered Products	8.8		8.4		5.6
Corporate	0.5		0.4		0.5
	$	34.2	$	36.3	$	31.5
Identifiable assets:
Supply Technologies	$	355.9	$	330.1	$	344.4
Assembly Components	413.4		378.3		351.4
Engineered Products	455.1		433.1		353.6
Corporate	86.0		67.0		83.1
	$	1,310.4	$	1,208.5	$	1,132.5