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Business Segments (Tables)
6 Months Ended
Dec. 31, 2013
Business Segments  
Schedule of results of operation, depreciation and amortization, capital expenditures and total assets by reportable segments

 

 

 

 

Three Months Ended

 

Six Months Ended

 

Segment Data

 

December 31,

 

December 31,

 

($ in millions)

 

2013

 

2012

 

2013

 

2012

 

Net Sales:

 

 

 

 

 

 

 

 

 

Specialty Alloys Operations

 

  $

407.5

 

  $

428.4

 

  $

802.5

 

  $

859.4

 

Performance Engineered Products

 

113.7

 

126.6

 

232.2

 

261.6

 

Intersegment

 

(17.7)

 

(21.5)

 

(32.6)

 

(42.5)

 

Consolidated net sales

 

  $

503.5

 

  $

533.5

 

  $

1,002.1

 

  $

1,078.5

 

 

 

 

 

 

 

 

 

 

 

Operating Income:

 

 

 

 

 

 

 

 

 

Specialty Alloys Operations

 

  $

54.4

 

  $

61.3

 

  $

118.1

 

  $

128.5

 

Performance Engineered Products

 

8.6

 

10.4

 

20.2

 

24.9

 

Corporate costs

 

(11.3)

 

(10.6)

 

(24.2)

 

(21.0)

 

Pension earnings, interest & deferrals

 

(3.8)

 

(8.0)

 

(9.8)

 

(16.0)

 

Intersegment

 

(0.4)

 

(0.4)

 

(1.0)

 

(2.1)

 

Consolidated operating income

 

  $

47.5

 

  $

52.7

 

  $

103.3

 

  $

114.3

 

 

 

 

 

 

 

 

 

 

 

Depreciation and Amortization:

 

 

 

 

 

 

 

 

 

Specialty Alloys Operations

 

  $

19.6

 

  $

18.9

 

  $

39.1

 

  $

37.6

 

Performance Engineered Products

 

5.9

 

5.3

 

11.7

 

10.7

 

Corporate

 

1.5

 

1.4

 

3.0

 

2.9

 

Intersegment

 

(0.2)

 

(0.1)

 

(0.3)

 

(0.1)

 

Consolidated depreciation and amortization

 

  $

26.8

 

  $

25.5

 

  $

53.5

 

  $

51.1

 

 

 

 

 

 

 

 

 

 

 

Capital Expenditures:

 

 

 

 

 

 

 

 

 

Specialty Alloys Operations

 

  $

90.0

 

  $

75.0

 

  $

198.5

 

  $

121.7

 

Performance Engineered Products

 

5.2

 

4.1

 

11.2

 

12.8

 

Corporate

 

2.6

 

1.5

 

3.1

 

3.0

 

Intersegment

 

(0.2)

 

(0.1)

 

(0.4)

 

(0.6)

 

Consolidated capital expenditures

 

  $

97.6

 

  $

80.5

 

  $

212.4

 

  $

136.9

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,
2013

 

June 30,
2013

 

 

 

 

 

Total Assets:

 

 

 

 

 

 

 

 

 

Specialty Alloys Operations

 

  $

2,335.6

 

  $

2,192.7

 

 

 

 

 

Performance Engineered Products

 

499.7

 

498.5

 

 

 

 

 

Corporate

 

111.1

 

233.7

 

 

 

 

 

Intersegment

 

(51.0)

 

(42.0)

 

 

 

 

 

Consolidated total assets

 

  $

2,895.4

 

  $

2,882.9