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Business Segment Information (Tables)
9 Months Ended
Sep. 30, 2012
Schedule of Segment Operating Results and Other Financial Data

Segment operating results and other financial data for the quarters and nine months ended September 30, 2012 and 2011, were as follows:

 

     Quarters Ended
September 30,
    Nine Months  Ended
September 30,
 
     2012     2011     2012     2011  
     (in millions)  

Sales

        

Sealing Products

   $ 152.4      $ 144.3      $ 467.0      $ 395.6   

Engineered Products

     87.1        98.2        282.8        294.6   

Engine Products and Services

     53.1        58.8        157.2        145.5   
  

 

 

   

 

 

   

 

 

   

 

 

 
     292.6        301.3        907.0        835.7   

Intersegment sales

     (0.9     (0.5     (2.1     (1.6
  

 

 

   

 

 

   

 

 

   

 

 

 

Total sales

   $ 291.7      $ 300.8      $ 904.9      $ 834.1   
  

 

 

   

 

 

   

 

 

   

 

 

 

Segment Profit

        

Sealing Products

   $ 23.6      $ 22.5      $ 68.9      $ 66.3   

Engineered Products

     3.5        6.4        19.3        26.1   

Engine Products and Services

     10.4        6.5        30.0        23.3   
  

 

 

   

 

 

   

 

 

   

 

 

 

Total segment profit

     37.5        35.4        118.2        115.7   

Corporate expenses

     (6.9     (4.3     (25.1     (22.2

Interest expense, net

     (10.9     (9.9     (32.3     (29.0

Other income (expense), net

     (2.3     1.4        (6.7     (1.7
  

 

 

   

 

 

   

 

 

   

 

 

 

Income before income taxes

   $ 17.4      $ 22.6      $ 54.1      $ 62.8   
  

 

 

   

 

 

   

 

 

   

 

 

 
Schedule of Segment Assets

Segment assets were as follows:

 

     September 30,
2012
     December 31,
2011
 

Sealing Products

   $ 548.6       $ 474.8   

Engineered Products

     330.8         324.3   

Engine Products and Services

     129.0         99.1   

Corporate

     363.3         353.9   
  

 

 

    

 

 

 
   $ 1,371.7       $ 1,252.1