Information on Business Segments (Tables)

6 Months Ended

Jun. 30, 2022

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,
	2022		2021		2022		2021
Net sales
Industrial	$	212,115	$	234,679	$	423,787	$	454,671
Aerospace	109,153		86,485		209,864		168,127
Intersegment sales	—		(6)		—		(11)
Total net sales	$	321,268	$	321,158	$	633,651	$	622,787
Operating (loss) profit
Industrial(A)	$	(48,743)	$	27,273	$	(33,990)	$	48,568
Aerospace	20,556		11,270		36,916		22,355
Total operating (loss) profit	(28,187)		38,543		2,926		70,923
Interest expense	3,325		4,475		6,893		8,416
Other expense (income), net	(403)		1,272		1,226		2,734
(Loss) income before income taxes	$	(31,109)	$	32,796	$	(5,193)	$	59,773

	June 30, 2022		December 31, 2021
Assets
Industrial	$	1,679,108	$	1,827,903
Aerospace	584,053		583,043
Other (B)	137,935		165,874
Total assets	$	2,401,096	$	2,576,820

(A) Industrial operating losses in the three and six-month periods ended June 30, 2022 include a $68,194 goodwill impairment charge. See Note 7.(B) "Other" assets include corporate-controlled assets, the majority of which are cash and cash equivalents and deferred tax assets.