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Segment Information, Geographic and Product Data (Tables)
12 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments
Segment Data
 
Years Ended June 30,
($ in millions)
 
2019
 
2018
 
2017
Net Sales:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
1,967.3

 
$
1,803.8

 
$
1,461.6

Performance Engineered Products
 
479.8

 
429.7

 
366.6

Intersegment
 
(66.9
)
 
(75.8
)
 
(30.6
)
Consolidated net sales
 
$
2,380.2

 
$
2,157.7

 
$
1,797.6

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2019
 
2018
 
2017
Operating Income:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
282.2

 
$
232.4

 
$
172.3

Performance Engineered Products
 
30.0

 
26.1

 
8.5

Corporate costs (including loss on divestiture of business)
 
(72.7
)
 
(66.4
)
 
(60.8
)
Intersegment
 
1.9

 
(2.8
)
 
1.5

Consolidated operating income
 
$
241.4

 
$
189.3

 
$
121.5

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2019
 
2018
 
2017
Depreciation and Amortization:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
95.2

 
$
93.3

 
$
94.0

Performance Engineered Products
 
22.2

 
20.2

 
20.6

Corporate
 
4.9

 
3.9

 
4.0

Intersegment
 
(0.8
)
 
(0.8
)
 
(0.8
)
Consolidated depreciation and amortization
 
$
121.5

 
$
116.6

 
$
117.8

 
 
 
 
 
 
 
 
 
Years Ended June 30,
($ in millions)
 
2019
 
2018
 
2017
Capital Expenditures:
 
 

 
 

 
 

Specialty Alloys Operations
 
$
92.7

 
$
63.6

 
$
52.2

Performance Engineered Products
 
51.7

 
31.6

 
17.0

Corporate
 
37.1

 
41.6

 
29.7

Intersegment
 
(1.2
)
 
(1.8
)
 
(0.4
)
Consolidated capital expenditures
 
$
180.3

 
$
135.0

 
$
98.5

 
 
 
 
 
 
 
 
 
 
 
June 30,
($ in millions)
 
 
 
2019
 
2018
Total Assets:
 
 
 
 

 
 

Specialty Alloys Operations
 
 
 
$
2,349.2

 
$
2,312.1

Performance Engineered Products
 
 
 
664.8

 
513.6

Corporate
 
 
 
192.5

 
193.2

Intersegment
 
 
 
(18.7
)
 
(11.9
)
Consolidated total assets
 
 
 
$
3,187.8

 
$
3,007.0

Schedule of net sales by geographic segment
Geographic Data
 
Years Ended June 30,
($ in millions)
 
2019
 
2018
 
2017
Net Sales: (a)
 
 

 
 

 
 

United States
 
$
1,606.7

 
$
1,429.4

 
$
1,198.3

Europe
 
387.2

 
383.0

 
349.6

Asia Pacific
 
196.3

 
174.8

 
127.2

Mexico
 
81.6

 
61.7

 
48.5

Canada
 
67.8

 
65.7

 
47.7

Other
 
40.6

 
43.1

 
26.3

Consolidated net sales
 
$
2,380.2

 
$
2,157.7

 
$
1,797.6

 
(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)
 
2019
 
2018
Long-lived assets:
 
 

 
 

United States
 
$
1,335.6

 
$
1,286.4

Europe
 
17.0

 
3.9

Asia Pacific
 
6.8

 
15.4

Canada
 
5.5

 
6.3

Mexico
 
1.3

 
1.4

Consolidated long-lived assets
 
$
1,366.2

 
$
1,313.4