Segment Information (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents financial information on our segments as of December 31, 2021, 2020 and 2019 and for the years then ended.

(In millions)	Composite Materials			Engineered Products			Corporate & Other			Total
Third-party sales
2021	$	1,019.4		$	305.3		$	—		$	1,324.7
2020		1,185.9			316.5			—			1,502.4
2019		1,863.1			492.6			—			2,355.7
Intersegment sales
2021	$	56.7		$	2.4		$	(59.1	)	$	—
2020		53.9			2.5			(56.4	)		—
2019		83.4			0.8			(84.2	)		—
Operating income (loss)
2021	$	88.1		$	20.2		$	(56.5	)	$	51.8
2020		60.7			9.4			(56.0	)		14.1
2019		411.3			72.0			(58.1	)		425.2
Depreciation and amortization
2021	$	123.4		$	14.5		$	0.1		$	138.0
2020		125.5			15.3			0.1			140.9
2019		126.5			15.1			0.1			141.7
Equity in earnings (losses) from affiliated companies
2021	$	(0.1	)	$	0.2		$	(0.1	)	$	—
2020		(0.3	)		(1.1	)		(0.2	)		(1.6	)
2019		(0.3	)		4.3			(0.3	)		3.7
Other operating expense
2021	$	17.8		$	0.1		$	0.3		$	18.2
2020		32.1			9.8			16.0			57.9
2019		-			-			-			-
Segment assets
2021	$	2,258.2		$	475.6		$	85.6		$	2,819.4
2020		2,382.3			473.8			61.7			2,917.8
2019		2,669.6			465.2			(6.2	)		3,128.6
Investments in affiliated companies
2021	$	1.7		$	35.3		$	7.6		$	44.6
2020		2.0			35.0			7.7			44.7
2019		2.2			36.1			8.2			46.5
Accrual basis additions to property, plant and equipment
2021	$	35.7		$	5.7		$	—		$	41.4
2020		38.6			3.9			—			42.5
2019		185.8			5.2			—			191.0

Schedule of Net Sales and Long-Lived Assets, by Geographic Area

Net sales and long-lived assets, by geographic area, consisted of the following for the three years ended December 31, 2021, 2020 and 2019:

(In millions)	2021		2020		2019
Net Sales by Geography (a):
United States	$	685.0	$	792.6	$	1,246.9
International
France		205.0		226.1		364.3
Spain		115.8		101.5		166.6
Germany		96.9		127.1		221.3
United Kingdom		91.3		104.8		168.9
Austria		72.9		83.6		110.1
Other		57.8		66.7		77.6
Total international		639.7		709.8		1,108.8
Total consolidated net sales	$	1,324.7	$	1,502.4	$	2,355.7
Net Sales to External Customers (b):
United States	$	546.1	$	703.5	$	1,083.3
International
Germany		107.3	124.6		212.8
France		113.1	106.7		191.9
Spain		91.4	107.4		188
United Kingdom		43.4		37.7		77.4
Other		423.4		422.5		602.3
Total international		778.6		798.9		1,272.4
Total consolidated net sales	$	1,324.7	$	1,502.4	$	2,355.7
Long-lived Assets (c):
United States	$	1,456.5	$	1,523.3	$	1,609.2
International
France	$	349.6	398.5		387.1
United Kingdom		130.9	144.4		151.9
Spain		51.5	57.7		57.2
Other		75.8	86.6		84.3
Total international		607.8		687.2		680.5
Total consolidated long-lived assets	$	2,064.3	$	2,210.5	$	2,289.7

(a)Net sales by geography based on the location in which the product sold was manufactured.

(b)Net sales to external customers based on the location to which the product sold was delivered.

(c)Long-lived assets primarily consist of property, plant and equipment, net and goodwill at December 31, 2021, 2020 and 2019. Also included are right of use assets related to operating leases.