Business Segments (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Business Segment Net Sales and Income before Income Taxes

Presented below are the net sales and (loss) income before income taxes for the Corporation’s two business segments and sales by product line. When disaggregating revenue, consideration is given to information regularly reviewed by the chief operating decision-maker to evaluate the financial performance of the operating segments and make resource allocation decisions.

	Three Months Ended March 31,
	2024			2023
Net Sales:
Forged and Cast Engineered Products
Forged and cast mill rolls	$	73,396		$	71,699
FEP		3,793			5,099
Forged and Cast Engineered Products		77,189			76,798
Air and Liquid Processing
Air handling systems	$	12,510		$	9,204
Heat exchange coils		10,823			10,635
Centrifugal pumps		9,693			8,166
Air and Liquid Processing		33,026			28,005
Total Reportable Segments	$	110,215		$	104,803
(Loss) income before income taxes:
Forged and Cast Engineered Products	$	1,576		$	2,224
Air and Liquid Processing		1,982			2,953
Total Reportable Segments		3,558			5,177
Other expense, including corporate costs		(5,310	)		(3,879	)
Total	$	(1,752	)	$	1,298