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Business Segments
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Business Segments
13. Business Segments

Presented below are the net sales and (loss) income before income taxes for the Corporation’s two business segments.

 

    

Three Months Ended

September 30,

    

Nine Months Ended

September 30,

 
     2016      2015      2016      2015  

Net Sales:

           

Forged and Cast Engineered Products

   $ 62,929       $ 36,230       $ 176,077       $ 116,536   

Air and Liquid Processing

     19,932         21,864         63,663         66,618   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Reportable Segments

   $ 82,861       $ 58,094       $ 239,740       $ 183,154   
  

 

 

    

 

 

    

 

 

    

 

 

 

(Loss) Income before Income Taxes:

           

Forged and Cast Engineered Products

   $ (3,363    $ (1,727    $ (9,385    $ (713

Air and Liquid Processing

     1,985         2,407         7,273         7,369   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Reportable Segments

     (1,378      680         (2,112      6,656   

Other expense, including corporate costs – net

     (4,564      (3,039      (13,283      (9,528
  

 

 

    

 

 

    

 

 

    

 

 

 

Total

   $ (5,942    $ (2,359    $ (15,395    $ (2,872