Business Description and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Business Description and Summary of Significant Accounting Policies

Schedule of estimated useful lives of property, plant and equipment

Buildings and improvements	5‑40 years
Machinery and equipment	5‑20 years
Tooling	3‑5 years

Summary of income tax

	For the Three Months Ended
	March 31,
	2020			2019			% Change
	($000's omitted)
Income tax expense	$	504		$	21		2,300.0	%
Effective tax rate		21.0	%		17.4	%	3.6	%