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Information on Business Segments (Tables)
3 Months Ended
Mar. 31, 2023
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,
20232022
Net sales
Industrial$218,109 $211,672 
Aerospace117,256 100,711 
Intersegment sales(8)— 
Total net sales$335,357 $312,383 
Operating profit
Industrial$4,533 $14,734 
Aerospace18,751 16,379 
Total operating profit23,284 31,113 
Interest expense5,308 3,567 
Other expense (income), net1,340 1,630 
Income before income taxes$16,636 $25,916 
March 31, 2023 December 31, 2022
Assets 
Industrial$1,709,301 $1,680,415 
Aerospace595,663 590,598 
Other (A)
139,405 142,717 
Total assets$2,444,369  $2,413,730 
(A) "Other" assets include corporate-controlled assets, the majority of which are cash and cash equivalents and deferred tax assets.