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Business Segments (Tables)
9 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Business Segment Net Sales and Income (loss) before Income Taxes

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

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net sales:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forged and Cast Engineered Products

$

75,511

 

 

$

61,179

 

 

$

229,848

 

 

$

195,558

 

Air and Liquid Processing

 

24,136

 

 

 

20,006

 

 

 

66,807

 

 

 

64,855

 

Total Reportable Segments

$

99,647

 

 

$

81,185

 

 

$

296,655

 

 

$

260,413

 

Income (loss) before income taxes:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forged and Cast Engineered Products

$

(62

)

 

$

(2,832

)

 

$

1,107

 

 

$

688

 

Air and Liquid Processing

 

2,917

 

 

 

2,891

 

 

 

8,177

 

 

 

7,265

 

Total Reportable Segments

 

2,855

 

 

 

59

 

 

 

9,284

 

 

 

7,953

 

Other expense, including corporate costs

 

(734

)

 

 

(1,234

)

 

 

(4,587

)

 

 

(5,837

)

Total

$

2,121

 

 

$

(1,175

)

 

$

4,697

 

 

$

2,116