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Business Segments
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Business Segments

17.

Business Segments

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

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forged and Cast Engineered Products

$

71,028

 

 

$

50,460

 

 

$

134,379

 

 

$

119,224

 

Air and Liquid Processing

 

21,400

 

 

 

24,318

 

 

 

44,849

 

 

 

46,617

 

Total Reportable Segments

$

92,428

 

 

$

74,778

 

 

$

179,228

 

 

$

165,841

 

Income (loss) before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forged and Cast Engineered Products

$

1,674

 

 

$

(423

)

 

$

3,520

 

 

$

4,133

 

Air and Liquid Processing

 

2,062

 

 

 

2,846

 

 

 

4,374

 

 

 

5,430

 

Total Reportable Segments

 

3,736

 

 

 

2,423

 

 

 

7,894

 

 

 

9,563

 

Other expense, including corporate costs

 

(1,140

)

 

 

(1,058

)

 

 

(4,603

)

 

 

(6,379

)

Total

$

2,596

 

 

$

1,365

 

 

$

3,291

 

 

$

3,184