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Business Segments (Tables)
6 Months Ended
Dec. 31, 2017
Segment Reporting [Abstract]  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments
Segment Data
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
($ in millions)
 
2017
 
2016
 
2017
 
2016
Net Sales:
 
 

 
 

 
 

 
 

Specialty Alloys Operations
 
$
406.3

 
$
348.6

 
$
803.1

 
$
663.7

Performance Engineered Products
 
104.8

 
83.2

 
205.5

 
161.7

Intersegment
 
(23.3
)
 
(4.4
)
 
(41.1
)
 
(9.1
)
Consolidated net sales
 
$
487.8

 
$
427.4

 
$
967.5

 
$
816.3

Segment Data
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
($ in millions)
 
2017
 
2016
 
2017
 
2016
Operating Income:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
49.8

 
$
35.6

 
$
100.3

 
$
60.6

Performance Engineered Products
 
7.5

 
0.8

 
12.8

 
(2.0
)
Corporate costs
 
(13.9
)
 
(16.0
)
 
(26.9
)
 
(29.8
)
     Pension earnings, interest and deferrals
 
(0.5
)
 
(5.6
)
 
(1.1
)
 
(12.7
)
Intersegment
 
(2.1
)
 
0.6

 
(2.6
)
 
0.7

Consolidated operating income
 
$
40.8

 
$
15.4

 
$
82.5

 
$
16.8

Segment Data
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
($ in millions)
 
2017
 
2016
 
2017
 
2016
Depreciation and Amortization:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
23.4

 
$
23.7

 
$
46.5

 
$
47.2

Performance Engineered Products
 
5.1

 
5.2

 
10.1

 
10.3

Corporate
 
0.9

 
0.9

 
1.8

 
1.7

Intersegment
 
(0.2
)
 
0.1

 
(0.4
)
 
(0.5
)
Consolidated depreciation and amortization
 
$
29.2

 
$
29.9

 
$
58.0

 
$
58.7

Segment Data
 
Three Months Ended
December 31,
 
Six Months Ended
December 31,
($ in millions)
 
2017
 
2016
 
2017
 
2016
Capital Expenditures:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
11.2

 
$
8.3

 
$
28.4

 
$
23.0

Performance Engineered Products
 
6.3

 
2.5

 
11.1

 
7.0

Corporate
 
9.6

 
7.7

 
16.7

 
15.2

Intersegment
 
(0.3
)
 

 
(0.5
)
 
(0.1
)
Consolidated capital expenditures
 
$
26.8

 
$
18.5

 
$
55.7

 
$
45.1

Segment Data
 
December 31,
2017
 
June 30,
2017
($ in millions)
 
 
Total Assets:
 
 

 
 

Specialty Alloys Operations
 
$
2,337.9

 
$
2,292.1

Performance Engineered Products
 
475.7

 
434.3

Corporate
 
148.4

 
167.2

Intersegment
 
(17.9
)
 
(15.5
)
Consolidated total assets
 
$
2,944.1

 
$
2,878.1