Business Segments (Tables)

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Business Segment Net Sales and (Loss) Income before Income Taxes

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 nine months ended September 30, 2017, includes higher interest expense of $1,181, and foreign exchange losses of $616 in the current year compared to foreign exchange gains of $263 recorded in the prior year.

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Net Sales:
Forged and Cast Engineered Products	$	81,679		$	62,929		$	251,739		$	176,077
Air and Liquid Processing		22,207			19,932			66,213			63,663
Total Reportable Segments	$	103,886		$	82,861		$	317,952		$	239,740
(Loss) income before income taxes:
Forged and Cast Engineered Products	$	(1,474	)	$	(3,363	)	$	(2,405	)	$	(9,385	)
Air and Liquid Processing		2,441			1,985			7,874			7,273
Total Reportable Segments		967			(1,378	)		5,469			(2,112	)
Other expense, including corporate costs – net		(4,674	)		(4,564	)		(16,089	)		(13,283	)
Total	$	(3,707	)	$	(5,942	)	$	(10,620	)	$	(15,395	)