Segment Information (Tables)

6 Months Ended

Jun. 30, 2017

Segment Reporting [Abstract]

Segment Financial Information

Segment financial information for the three months ended June 30, 2017 is as follows:

In thousands	Freight Segment		Transit Segment		Corporate Activities and Elimination			Total
Sales to external customers	$	344,828	$	587,425	$	—		$	932,253
Intersegment sales/(elimination)	10,139		6,073		(16,212		)	—
Total sales	$	354,967	$	593,498	$	(16,212	)	$	932,253
Income (loss) from operations	$	63,337	$	59,222	$	(8,858	)	$	113,701
Interest expense and other, net	—		—		(16,972		)	(16,972		)
Income (loss) from operations before income taxes	$	63,337	$	59,222	$	(25,830	)	$	96,729

Segment financial information for the three months ended June 30, 2016 is as follows:

In thousands	Freight Segment		Transit Segment		Corporate Activities and Elimination			Total
Sales to external customers	$	397,067	$	326,534	$	—		$	723,601
Intersegment sales/(elimination)	13,616		4,106		(17,722		)	—
Total sales	$	410,683	$	330,640	$	(17,722	)	$	723,601
Income (loss) from operations	$	92,317	$	52,146	$	(11,179	)	$	133,284
Interest expense and other, net	—		—		(6,198		)	(6,198		)
Income (loss) from operations before income taxes	$	92,317	$	52,146	$	(17,377	)	$	127,086

Segment financial information for the six months ended June 30, 2017 is as follows:

In thousands	Freight Segment		Transit Segment		Corporate Activities and Elimination			Total
Sales to external customers	$	692,774	$	1,155,513	$	—		$	1,848,287
Intersegment sales/(elimination)	19,226		11,759		(30,985		)	—
Total sales	$	712,000	$	1,167,272	$	(30,985	)	$	1,848,287
Income (loss) from operations	$	134,732	$	108,370	$	(14,543	)	$	228,559
Interest expense and other, net	—		—		(32,365		)	(32,365		)
Income (loss) from operations before income taxes	$	134,732	$	108,370	$	(46,908	)	$	196,194

Segment financial information for the six months ended June 30, 2016 is as follows:

In thousands	Freight Segment		Transit Segment		Corporate Activities and Elimination			Total
Sales to external customers	$	839,736	$	655,896	$	—		$	1,495,632
Intersegment sales/(elimination)	19,424		5,783		(25,207		)	—
Total sales	$	859,160	$	661,679	$	(25,207	)	$	1,495,632
Income (loss) from operations	$	198,991	$	97,156	$	(20,682	)	$	275,465
Interest expense and other, net	—		—		(10,915		)	(10,915		)
Income (loss) from operations before income taxes	$	198,991	$	97,156	$	(31,597	)	$	264,550

Sales by Product

Sales by product line are as follows:

	Three Months Ended June 30,
In thousands	2017		2016
Specialty Products & Electronics	$	324,798	$	339,188
Transit Products	253,764		49,643
Brake Products	192,557		141,979
Remanufacturing, Overhaul & Build	126,556		156,981
Other	34,578		35,810
Total sales	$	932,253	$	723,601

	Six Months Ended June 30,
In thousands	2017		2016
Specialty Products & Electronics	$	639,863	$	717,457
Transit Products	512,182		98,438
Brake Products	373,016		293,885
Remanufacturing, Overhaul & Build	255,616		315,014
Other	67,610		70,838
Total sales	$	1,848,287	$	1,495,632