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Segment Information, Geographic and Product Data (Tables)
12 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments
On a consolidated basis, no single customer accounted for 10 percent or more of the Company’s net sales for the years ended June 30, 2015, 2014 and 2013.
Segment Data
 
Years Ended June 30,
($ in millions)
 
2015
 
2014
 
2013
Net Sales:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
1,796.6

 
$
1,741.6

 
$
1,823.5

Performance Engineered Products
 
497.7

 
498.6

 
520.1

Intersegment
 
(67.6
)
 
(67.2
)
 
(71.9
)
Consolidated net sales
 
$
2,226.7

 
$
2,173.0

 
$
2,271.7

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2015
 
2014
 
2013
Operating Income:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
155.2

 
$
232.7

 
$
268.5

Performance Engineered Products
 
39.1

 
45.5

 
45.2

Corporate costs (including restructuring charges)
 
(72.0
)
 
(43.8
)
 
(47.7
)
Pension EID
 
(9.4
)
 
(21.8
)
 
(31.9
)
Intersegment
 
(1.4
)
 
(0.6
)
 
(1.4
)
Consolidated operating income
 
$
111.5

 
$
212.0

 
$
232.7

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2015
 
2014
 
2013
Depreciation and Amortization:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
95.0

 
$
83.4

 
$
76.7

Performance Engineered Products
 
23.3

 
23.8

 
22.1

Corporate
 
4.6

 
5.5

 
5.9

Intersegment
 
(0.6
)
 
(0.8
)
 
(0.6
)
Consolidated depreciation and amortization
 
$
122.3

 
$
111.9

 
$
104.1

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2015
 
2014
 
2013
Capital Expenditures:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
129.0

 
$
319.9

 
$
283.5

Performance Engineered Products
 
38.1

 
24.7

 
24.1

Corporate
 
4.3

 
5.4

 
4.1

Intersegment
 
(0.9
)
 
(0.8
)
 
(1.5
)
Consolidated capital expenditures
 
$
170.5

 
$
349.2

 
$
310.2

 
 
 
 
 
 
 
 
 
June 30,
 
 
($ in millions)
 
2015
 
2014
 
 
Total Assets:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
2,323.0

 
$
2,454.8

 
 

Performance Engineered Products
 
499.2

 
491.7

 
 

Corporate
 
125.0

 
144.9

 
 

Intersegment
 
(41.3
)
 
(33.9
)
 
 

Consolidated total assets
 
$
2,905.9

 
$
3,057.5

 
 

Schedule of net sales by geographic segment
Geographic Data
 
Years Ended June 30,
($ in millions)
 
2015
 
2014
 
2013
Net Sales: (a)
 
 

 
 

 
 

United States
 
$
1,579.9

 
$
1,537.9

 
$
1,575.3

Europe
 
359.6

 
349.5

 
382.1

Asia Pacific
 
141.8

 
137.1

 
153.6

Canada
 
61.2

 
65.3

 
59.8

Mexico
 
59.2

 
59.2

 
66.6

Other
 
25.0

 
24.0

 
34.3

Consolidated net sales
 
$
2,226.7

 
$
2,173.0

 
$
2,271.7

 
(a) Net sales were attributed to countries based on the location of the customer.
Schedule of long-lived assets by geographic segment
 
 
June 30,
($ in millions)
 
2015
 
2014
Long-lived assets:
 
 

 
 

United States
 
$
1,367.0

 
$
1,379.5

Asia Pacific
 
18.1

 
11.6

Canada
 
6.5

 
8.4

Europe
 
4.5

 
6.1

Mexico
 
0.9

 
1.4

Consolidated long-lived assets
 
$
1,397.0

 
$
1,407.0

Schedule of net sales by product segment
Product Data
 
Years Ended June 30,
($ in millions)
 
2015
 
2014
 
2013
Special alloys
 
$
991.2

 
$
917.0

 
$
989.9

Stainless steel
 
619.2

 
643.6

 
638.8

Alloy and tool steel
 
218.8

 
240.4

 
255.7

Titanium products
 
164.8

 
157.7

 
155.0

Powder metals
 
61.8

 
48.6

 
60.4

Distribution and other
 
170.9

 
165.7

 
171.9

Total net sales
 
$
2,226.7

 
$
2,173.0

 
$
2,271.7