Segment Information (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Operating Segment Reporting Information

Financial information for our operating segments for the three months ended March 31, 2022 and 2021 were as follows:

	(Unaudited)
	Composite		Engineered			Corporate &
(In millions)	Materials		Products			Other (a)			Total
Quarter Ended March 31, 2022
Net sales to external customers	$	313.8	$	76.8		$	—		$	390.6
Intersegment sales		16.5		0.3			(16.8	)		—
Total sales	$	330.3	$	77.1		$	(16.8	)	$	390.6
Other operating expense		0.9		0.1			—			1.0
Operating income (loss)		42.6		10.6			(23.1	)		30.1
Depreciation and amortization		28.6		3.6			—			32.2
Stock-based compensation		2.6		0.7			7.1			10.4
Accrual basis additions to capital expenditures		10.1		1.0			—			11.1
Quarter Ended March 31, 2021
Net sales to external customers	$	237.2	$	73.1		$	—		$	310.3
Intersegment sales		13.2		0.6			(13.8	)		—
Total sales	$	250.4	$	73.7		$	(13.8	)	$	310.3
Other operating expense		12.7		(0.7	)		0.1			12.1
Operating income (loss)		7.4		4.7			(22.3	)		(10.2	)
Depreciation and amortization		30.8		3.7			—			34.5
Stock-based compensation		0.6		0.2			8.2			9.0
Accrual basis additions to capital expenditures		3.6		0.4			—			4.0

(a)We do not allocate corporate expenses to the operating segments.

Schedule of Goodwill and Intangible Assets by Segment

Goodwill and Intangible Assets	Composite			Engineered
(In millions)	Materials			Products			Total
Balance at December 31, 2021	$	93.4		$	174.1		$	267.5
Amortization expense		(0.5	)		(1.2	)		(1.7	)
Currency translation adjustments		(1.8	)		—			(1.8	)
Balance at March 31, 2022	$	91.1		$	172.9		$	264.0