Segments (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of results by business segment

Results by business segment were as follows:

	Year Ended December 31,
	2023		2022		2021
Net sales:
Supply Technologies	$	763.4	$	711.5	$	619.5
Assembly Components	427.8		388.8		321.5
Engineered Products	468.5		392.6		336.0
	$	1,659.7	$	1,492.9	$	1,277.0
Segment operating income (loss):
Supply Technologies	$	59.0	$	45.7	$	42.8
Assembly Components	33.4		1.1		(2.6)
Engineered Products	19.1		14.8		(12.2)
Total segment operating income	111.5		61.6		28.0
Corporate costs	(28.2)		(30.6)		(26.4)
Gains on sales of assets, net	0.8		2.4		14.7
Operating income	84.1		33.4		16.3
Other components of pension and other postretirement benefits income, net	2.5		11.1		9.7
Interest expense, net	(45.1)		(33.8)		(27.1)
Income (loss) from continuing operations before income taxes	$	41.5	$	10.7	$	(1.1)

	Year Ended December 31,
	2023		2022		2021
Capital expenditures:
Supply Technologies	$	6.3	$	3.4	$	4.1
Assembly Components	8.4		8.2		7.6
Engineered Products	12.7		15.2		10.4
Corporate	0.8		0.1		0.2
	$	28.2	$	26.9	$	22.3
Depreciation and amortization expense:
Supply Technologies	$	6.6	$	6.0	$	5.5
Assembly Components	13.4		13.7		14.7
Engineered Products	11.5		10.1		10.2
Corporate	0.2		0.4		0.4
	$	31.7	$	30.2	$	30.8
Identifiable assets:
Supply Technologies	$	462.8	$	465.7	$	398.5
Assembly Components	289.5		306.1		310.6
Engineered Products	462.0		436.9		414.9
Corporate	126.4		120.7		113.9
Assets held-for-sale by discontinued operations	—		107.2		122.1
	$	1,340.7	$	1,436.6	$	1,360.0