Information on Business Segments (Tables)

3 Months Ended

Mar. 31, 2021

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 March 31,
	2021		2020
Net sales
Industrial	$	219,992	$	199,100
Aerospace	81,642		131,571
Intersegment sales	(5)		—
Total net sales	$	301,629	$	330,671
Operating profit
Industrial	$	21,295	$	17,924
Aerospace	11,085		31,389
Total operating profit	32,380		49,313
Interest expense	3,942		4,324
Other expense (income), net	1,463		1,594
Income before income taxes	$	26,975	$	43,395

	March 31, 2021		December 31, 2020
Assets
Industrial	$	1,841,248	$	1,908,389
Aerospace	614,029		623,547
Other (A)	144,987		144,290
Total assets	$	2,600,264	$	2,676,226

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