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Business Segments (Tables)
9 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments
Segment Data
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
($ in millions)
 
2018
 
2017
 
2018
 
2017
Net Sales:
 
 

 
 

 
 

 
 

Specialty Alloys Operations
 
$
482.4

 
$
383.3

 
$
1,285.6

 
$
1,047.0

Performance Engineered Products
 
107.9

 
98.7

 
313.4

 
260.4

Intersegment
 
(18.1
)
 
(8.4
)
 
(59.3
)
 
(17.5
)
Consolidated net sales
 
$
572.2

 
$
473.6

 
$
1,539.7

 
$
1,289.9

Segment Data
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
($ in millions)
 
2018
 
2017
 
2018
 
2017
Operating Income:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
58.0

 
$
51.9

 
$
158.3

 
$
112.6

Performance Engineered Products
 
5.4

 
4.7

 
18.1

 
2.7

Corporate costs
 
(18.0
)
 
(15.8
)
 
(44.9
)
 
(45.6
)
     Pension earnings, interest and deferrals
 
(0.5
)
 
(5.6
)
 
(1.6
)
 
(18.2
)
Intersegment
 
0.3

 
0.6

 
(2.2
)
 
1.1

Consolidated operating income
 
$
45.2

 
$
35.8

 
$
127.7

 
$
52.6

Segment Data
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
($ in millions)
 
2018
 
2017
 
2018
 
2017
Depreciation and Amortization:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
23.3

 
$
23.7

 
$
69.9

 
$
70.8

Performance Engineered Products
 
5.0

 
5.2

 
15.1

 
15.5

Corporate
 
1.0

 
1.3

 
2.8

 
3.0

Intersegment
 
(0.1
)
 
(0.2
)
 
(0.6
)
 
(0.5
)
Consolidated depreciation and amortization
 
$
29.2

 
$
30.0

 
$
87.2

 
$
88.8

Segment Data
 
Three Months Ended
March 31,
 
Nine Months Ended
March 31,
($ in millions)
 
2018
 
2017
 
2018
 
2017
Capital Expenditures:
 
 

 
 

 
 
 
 
Specialty Alloys Operations
 
$
12.1

 
$
8.6

 
$
40.6

 
$
31.6

Performance Engineered Products
 
5.9

 
2.9

 
17.0

 
9.9

Corporate
 
7.6

 
6.6

 
24.2

 
21.8

Intersegment
 
(0.4
)
 
(0.1
)
 
(0.9
)
 
(0.2
)
Consolidated capital expenditures
 
$
25.2

 
$
18.0

 
$
80.9

 
$
63.1

Segment Data
 
March 31,
2018
 
June 30,
2017
($ in millions)
 
 
Total Assets:
 
 

 
 

Specialty Alloys Operations
 
$
2,330.7

 
$
2,292.1

Performance Engineered Products
 
503.8

 
434.3

Corporate
 
164.8

 
167.2

Intersegment
 
(7.4
)
 
(15.5
)
Consolidated total assets
 
$
2,991.9

 
$
2,878.1