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Segment Reporting
9 Months Ended
Sep. 29, 2017
Segment Reporting [Abstract]  
Segment Reporting
Segment Reporting
 
The Company has the following operating segments: Performance Alloys and Composites, Advanced Materials, Precision Coatings, and Other. The Company’s operating segments represent components of the Company for which separate financial information is available that is utilized on a regular basis by the Chief Executive Officer, the Company's Chief Operating Decision Maker, in determining how to allocate the Company’s resources and evaluate performance.
Performance Alloys and Composites produces strip and bulk form alloy products, strip metal products with clad inlay and overlay metals, beryllium-based metals, beryllium, and aluminum metal matrix composites, in rod, sheet, foil, and a variety of customized forms, beryllia ceramics, and bulk metallic glass materials.
Advanced Materials produces advanced chemicals, microelectric packaging, precious metal, non-precious metal, and specialty metal products, including vapor deposition targets, frame lid assemblies, clad and precious metal preforms, high temperature braze materials, and ultra-fine wire.
Precision Coatings produces thin film coatings, optical filter materials, sputter-coated, and precision-converted thin film materials.
The Other reportable segment includes unallocated corporate costs and assets.

(Thousands)
 
Performance
Alloys and
Composites
 
Advanced Materials
 
Precision Coatings
 
Other
 
Total
Third Quarter 2017
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
109,393

 
$
157,770

 
$
27,105

 
$

 
$
294,268

Intersegment sales 
 
54

 
12,814

 

 

 
12,868

Value-added sales
 
90,637

 
60,391

 
21,896

 
(1,542
)
 
171,382

Operating profit (loss)
 
6,786

 
9,756

 
1,613

 
(6,597
)
 
11,558

Third Quarter 2016
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
103,699

 
$
107,250

 
$
38,670

 
$

 
$
249,619

Intersegment sales
 
47

 
21,505

 

 

 
21,552

Value-added sales
 
87,247

 
45,960

 
25,803

 
(2,009
)
 
157,001

Operating profit (loss)
 
4,357

 
8,245

 
3,432

 
(5,883
)
 
10,151

 
 
 
 
 
 
 
 
 
 
 
First Nine Months 2017
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
310,487

 
$
429,550

 
$
90,742

 
$

 
$
830,779

Intersegment sales 
 
113

 
42,508

 

 

 
42,621

Value-added sales
 
262,534

 
169,720

 
67,810

 
(3,602
)
 
496,462

Operating profit (loss)
 
12,523

 
24,873

 
6,145

 
(18,829
)
 
24,712

First Nine Months 2016
 
 
 
 
 
 
 
 
 
 
Net sales
 
$
292,024

 
$
328,927

 
$
113,955

 
$

 
$
734,906

Intersegment sales 
 
226

 
54,110

 

 

 
54,336

Value-added sales
 
248,799

 
135,019

 
75,548

 
(4,573
)
 
454,793

Operating profit (loss)
 
6,103

 
20,748

 
9,803

 
(13,194
)
 
23,460



Intersegment sales are eliminated in consolidation.