Information on Business Segments (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables set forth information about the Company's operations by its two reportable segments:

	Three months ended June 30,					Six months ended June 30,
	2019		2018			2019		2018
Net sales
Industrial	$	233,404	$	249,577		$	475,906	$	495,544
Aerospace	138,265		125,739			272,454		246,437
Intersegment sales	—		(1		)	—		(6		)
Total net sales	$	371,669	$	375,315		$	748,360	$	741,975
Operating profit
Industrial	$	27,430	$	38,316		$	48,931	$	70,694
Aerospace	29,527		25,563			58,676		49,818
Total operating profit	56,957		63,879			107,607		120,512
Interest expense	5,399		4,133			10,512		8,025
Other expense (income), net	1,712		947			3,519		2,710
Income before income taxes	$	49,846	$	58,799		$	93,576	$	109,777

	June 30, 2019		December 31, 2018
Assets
Industrial	$	1,940,216	$	1,962,362
Aerospace	709,580		692,584
Other (A)	145,439		154,024
Total assets	$	2,795,235	$	2,808,970

(A) "Other" assets include corporate-controlled assets, the majority of which are cash and cash equivalents.