Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Segment Financial Information

Segment financial information for the three months ended June 30, 2018 is as follows:

In thousands	Freight Segment		Transit Segment		Corporate Activities and Elimination			Total
Sales to external customers	$	412,258	$	699,422	$	—		$	1,111,680
Intersegment sales/(elimination)	18,699		2,984		(21,683		)	—
Total sales	$	430,957	$	702,406	$	(21,683	)	$	1,111,680
Income (loss) from operations	$	84,347	$	57,975	$	(18,799	)	$	123,523
Interest expense and other, net	—		—		(29,749		)	(29,749		)
Income (loss) from operations before income taxes	$	84,347	$	57,975	$	(48,548	)	$	93,774

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	$	63,165	$	59,050	$	(8,858	)	$	113,357
Interest expense and other, net	—		—		(16,628		)	(16,628		)
Income (loss) from operations before income taxes	$	63,165	$	59,050	$	(25,486	)	$	96,729

Segment financial information for the six months ended June 30, 2018 is as follows:    

In thousands	Freight Segment		Transit Segment		Corporate Activities and Elimination			Total
Sales to external customers	$	791,812	$	1,376,045	$	—		$	2,167,857
Intersegment sales/(elimination)	30,701		6,873		(37,574		)	—
Total sales	$	822,513	$	1,382,918	$	(37,574	)	$	2,167,857
Income (loss) from operations	$	153,969	$	126,059	$	(25,226	)	$	254,802
Interest expense and other, net	—		—		(47,447		)	(47,447		)
Income (loss) from operations before income taxes	$	153,969	$	126,059	$	(72,673	)	$	207,355

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	$	134,387	$	108,025	$	(14,543	)	$	227,869
Interest expense and other, net	—		—		(31,675		)	(31,675		)
Income (loss) from operations before income taxes	$	134,387	$	108,025	$	(46,218	)	$	196,194

Sales by Product

Sales by product line are as follows:

	Three Months Ended June 30,
In thousands	2018		2017
Specialty Products & Electronics	$	434,399	$	324,798
Transit Products	282,130		253,764
Brake Products	217,574		192,557
Remanufacturing, Overhaul & Build	127,202		126,556
Other	50,375		34,578
Total sales	$	1,111,680	$	932,253

	Six Months Ended June 30,
In thousands	2018		2017
Specialty Products & Electronics	$	820,947	$	639,863
Transit Products	556,409		512,182
Brake Products	433,192		373,016
Remanufacturing, Overhaul & Build	262,900		255,616
Other	94,409		67,610
Total sales	$	2,167,857	$	1,848,287