Information on Business Segments (Tables)

3 Months Ended

Mar. 31, 2024

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,
	2024		2023
Net sales
Aerospace(A)	$	221,371	$	117,256
Industrial	209,267		218,109
Intersegment sales	—		(8)
Total net sales	$	430,638	$	335,357
Operating profit
Aerospace(A)	$	31,087	$	18,751
Industrial	8,595		4,533
Total operating profit	39,682		23,284
Interest expense	24,831		5,308
Other expense (income), net	1,696		1,340
Income before income taxes	$	13,155	$	16,636

(A) The results of MB Aerospace have been included within the Company's Consolidated Financial Statements in the Aerospace segment for the three months ended March 31, 2024.

	March 31, 2024		December 31, 2023
Assets
Aerospace	$	1,498,177	$	1,465,347
Industrial	1,609,467		1,685,304
Other (A)	166,123		157,363
Total assets	$	3,273,767	$	3,308,014

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