The accounting policies are the same as those described in Note 1.


	Net Sales						(Loss) Income Before Income Taxes and Equity Losses in Chinese Joint Venture
	2016		2015		2014		2016			2015			2014
Forged and Cast Engineered Products⁽¹⁾	$	247,652	$	152,267	$	179,388	$	(42,878	)	$	(3,444	)	$	4,380
Air and Liquid Processing⁽¹⁾		84,214		86,213		93,470		5,123			23,166			4,222
Total Reportable Segments		331,866		238,480		272,858		(37,755	)		19,722			8,602
Corporate costs, including other income (expense)								(19,765	)		(15,202	)		(9,494	)
	$	331,866	$	238,480	$	272,858	$	(57,520	)	$	4,520		$	(892	)


	Capital Expenditures						Depreciation and Amortization Expense						Identifiable Assets⁽²⁾
	2016		2015		2014		2016		2015		2014		2016		2015		2014
Forged and Cast Engineered Products	$	9,440	$	8,608	$	12,884	$	19,166	$	10,468	$	10,303	$	348,331	$	228,718	$	260,384
Air and Liquid Processing		385		494		356		1,183		1,262		1,444		173,017		183,024		197,518
Corporate		741		305		69		114		57		71		44,541		94,414		78,507
	$	10,566	$	9,407	$	13,309	$	20,463	$	11,787	$	11,818	$	565,889	$	506,156	$	536,409


	Net Sales⁽³⁾						Long-Lived Assets⁽⁴⁾						(Loss) Income Before Income Taxes and Equity Losses in Chinese Joint Venture
Geographic Areas:	2016		2015		2014		2016		2015		2014		2016			2015			2014
United States	$	159,531	$	126,417	$	143,493	$	206,460	$	236,707	$	252,739	$	(25,906	)	$	5,855		$	(1,471	)
Foreign		172,335		112,063		129,365		133,141		29,198		31,359		(31,614	)		(1,335	)		579
	$	331,866	$	238,480	$	272,858	$	339,601	$	265,905	$	284,098	$	(57,520	)	$	4,520		$	(892	)


	Net Sales by Product Line⁽⁵⁾
	2016		2015		2014
Forged and cast engineered products	$	247,652	$	152,267	$	179,388
Heat exchange coils		28,139		32,745		39,109
Centrifugal pumps		36,359		33,120		32,983
Air handling systems		19,716		20,348		21,378
	$	331,866	$	238,480	$	272,858

(1)

Income (loss) before income taxes and equity losses in Chinese Joint Venture for the Forged and Cast Engineered Products segment includes a pre-tax charge of $26,676 principally for the write off of goodwill associated with the Forged and Cast Engineered Products reporting unit deemed to be impaired. Income (loss) before income taxes and equity losses in Chinese Joint Venture for the Air and Liquid Processing segment for 2016 includes pre-tax charge of $4,565 for estimated costs of asbestos-related litigation through 2026 net of estimated insurance recoveries and a settlement with an insurance carrier for an amount greater than originally estimated, 2015 includes pre-tax asbestos-related proceeds of $14,333 received from two insurance carriers in rehabilitation, and 2014 includes a pre-tax charge of $4,487 for estimated costs of asbestos-related litigation through 2024 net of estimated insurance recoveries.

(2)

Identifiable assets for the Forged and Cast Engineered Products segment include investments in joint ventures of $2,019, $3,097 and $3,914 at December 31, 2016, 2015 and 2014, respectively. The change in the identifiable assets of the Air and Liquid Processing segment relates primarily to the movement in asbestos-related insurance receivables, the balances of which equaled $115,945, $125,423 and $140,651 at December 31, 2016, 2015 and 2014, respectively.

(3)

Net sales are attributed to countries based on location of the customer. Sales to individual countries were less than 10% of consolidated net sales each of the years.

(4)

Foreign long-lived assets represent primarily investments in joint ventures of $2,019, $3,097 and $3,914 at December 31, 2016, 2015 and 2014, respectively, and assets of the U.K. and Åkers operations. Long-lived assets of the U.S. include noncurrent asbestos-related insurance receivables of $102,945, $108,423 and $123,651 for 2016, 2015 and 2014, respectively.

(5)

For the Forged and Cast Engineered Products segment, two customers accounted for 24%, 33% and 29% of its net sales for 2016, 2015 and 2014, respectively. For the Air and Liquid Processing segment, one customer accounted for 10% of its net sales for 2016 and no customers exceeded 10% of net sales for 2015 or 2014. One customer accounted for 11% of the Corporation’s consolidated sales in 2016.