Segments (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Results by Business Segment

Results by business segment were as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
	(In millions)
NET SALES OF CONTINUING OPERATIONS:
Supply Technologies	$	194.5	$	192.8	$	594.0	$	585.9
Assembly Components	98.7		108.4		309.0		330.8
Engineered Products	124.4		117.6		364.8		353.7
	$	417.6	$	418.8	$	1,267.8	$	1,270.4
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES:
Supply Technologies	$	20.5	$	15.6	$	59.0	$	45.0
Assembly Components	6.1		11.2		21.6		26.9
Engineered Products	4.8		7.1		14.6		15.3
Total segment operating income	31.4		33.9		95.2		87.2
Corporate costs	(7.8)		(6.9)		(23.0)		(21.6)
Gains on sales of assets	—		—		—		0.8
Operating income	23.6		27.0		72.2		66.4
Other components of pension and other postretirement benefits income, net	1.1		0.6		3.8		1.9
Interest expense, net	(12.1)		(11.6)		(36.0)		(33.4)
Income from continuing operations before income taxes	$	12.6	$	16.0	$	40.0	$	34.9