XML 19 R49.htm IDEA: XBRL DOCUMENT v3.20.1
Segments (Schedule of Segment Information) (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net sales:                      
Net sales $ 379.5 $ 403.4 $ 415.3 $ 420.1 $ 405.9 $ 414.3 $ 432.2 $ 405.7 $ 1,618.3 $ 1,658.1 $ 1,412.9
Segment operating income:                      
Total segment operating income                 83.1 97.3 83.8
Gain on sale of assets             $ 1.9   0.0 1.9 0.0
Litigation settlement gain                 0.0 0.0 3.3
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                 0.0 0.0 (11.0)
Income before income taxes                 54.9 71.8 47.7
Capital expenditures                 40.1 45.1 27.9
Depreciation and amortization expense                 34.2 36.3 31.5
Identifiable assets 1,310.4       1,208.5       1,310.4 1,208.5 1,132.5
Supply Technologies                      
Net sales:                      
Net sales                 611.5 636.8 561.8
Assembly Components                      
Net sales:                      
Net sales                 539.5 578.3 524.5
Engineered Products                      
Net sales:                      
Net sales                 467.3 443.0 326.6
Operating Segments                      
Segment operating income:                      
Total segment operating income                 115.9 130.3 110.6
Capital expenditures                 40.1 45.1 27.9
Depreciation and amortization expense                 34.2 36.3 31.5
Operating Segments | Supply Technologies                      
Segment operating income:                      
Total segment operating income                 42.0 49.0 43.3
Capital expenditures                 6.1 5.2 3.3
Depreciation and amortization expense                 4.8 5.3 4.7
Identifiable assets 355.9       330.1       355.9 330.1 344.4
Operating Segments | Assembly Components                      
Segment operating income:                      
Total segment operating income                 36.2 42.9 47.8
Capital expenditures                 19.5 24.3 18.6
Depreciation and amortization expense                 20.1 22.2 20.7
Identifiable assets 413.4       378.3       413.4 378.3 351.4
Operating Segments | Engineered Products                      
Segment operating income:                      
Total segment operating income                 37.7 38.4 19.5
Capital expenditures                 14.3 15.4 5.7
Depreciation and amortization expense                 8.8 8.4 5.6
Identifiable assets 455.1       433.1       455.1 433.1 353.6
Corporate                      
Segment operating income:                      
Corporate costs                 (28.5) (34.9) (30.1)
Capital expenditures                 0.2 0.2 0.3
Depreciation and amortization expense                 0.5 0.4 0.5
Identifiable assets $ 86.0       $ 67.0       86.0 67.0 83.1
Segment Reconciling Items                      
Segment operating income:                      
One-time net expense related to former President                 (4.3) 0.0 0.0
Gain on sale of assets                 0.0 1.9 0.0
Litigation settlement gain                 $ 0.0 $ 0.0 $ 3.3