Segments (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Results by business segment

Results by business segment were as follows:

	Year Ended December 31,
	2020		2019		2018
Net sales:
Supply Technologies	$	510.1	$	611.5	$	636.8
Assembly Components	441.5		539.5		578.3
Engineered Products	343.6		467.3		443.0
	$	1,295.2	$	1,618.3	$	1,658.1
Segment operating income:
Supply Technologies	$	30.2	$	42.0	$	49.0
Assembly Components	8.1		36.2		42.9
Engineered Products	3.5		37.7		38.4
Total segment operating income	41.8		115.9		130.3
Corporate costs	(26.1)		(28.5)		(34.9)
One-time net expense related to former President	—		(4.3)		—
Gain on sale of assets	—		—		1.9
Operating income	15.7		83.1		97.3
Other components of pension income and other postretirement benefits expense, net	7.3		5.6		8.8
Interest expense, net	(30.3)		(33.8)		(34.3)
(Loss) income before income taxes	$	(7.3)	$	54.9	$	71.8

	Year Ended December 31,
	2020		2019		2018
Capital expenditures:
Supply Technologies	$	6.5	$	6.1	$	5.2
Assembly Components	13.1		19.5		24.3
Engineered Products	6.5		14.3		15.4
Corporate	0.2		0.2		0.2
	$	26.3	$	40.1	$	45.1
Depreciation and amortization expense:
Supply Technologies	$	5.1	$	4.8	$	5.3
Assembly Components	20.7		20.1		22.2
Engineered Products	9.6		8.8		8.4
Corporate	0.4		0.5		0.4
	$	35.8	$	34.2	$	36.3
Identifiable assets:
Supply Technologies	$	347.6	$	355.9	$	330.1
Assembly Components	401.1		413.4		378.3
Engineered Products	439.7		455.1		433.1
Corporate	112.1		86.0		67.0
	$	1,300.5	$	1,310.4	$	1,208.5