Business Segments

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Business Segments

14. Business Segments

Presented below are the net sales and (loss) income before income taxes for the Corporation’s two business segments. Other expense, including corporate costs, for the three months ended March 31, 2017, includes higher interest expense of approximately $900 and foreign exchange losses of approximately $1,100 in the current year quarter compared to foreign exchange gains of approximately $1,200 recorded in the prior year quarter. The prior year quarter also includes acquisition-related costs of approximately $1,800.

	Three Months Ended March 31,
	2017			2016
Net sales:
Forged and Cast Engineered Products	$	81,702		$	41,527
Air and Liquid Processing		21,814			22,051
Total Reportable Segments	$	103,516		$	63,578
(Loss) income before income taxes:
Forged and Cast Engineered Products	$	(599	)	$	(2,470	)
Air and Liquid Processing		2,717			2,634
Total Reportable Segments		2,118			164
Other expense, including corporate costs		(6,695	)		(4,160	)
Total	$	(4,577	)	$	(3,996	)