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Segment Information (Tables)
3 Months Ended
Mar. 31, 2013
Segment Information  
Schedule of segment reporting information

 

(Unaudited)

 

(In millions)

 

Composite
Materials

 

Engineered
Products

 

Corporate
& Other (a)

 

Total

 

First Quarter 2013

 

 

 

 

 

 

 

 

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

Commercial aerospace

 

$

201.7

 

$

67.2

 

$

 

$

268.9

 

Space and defense

 

72.8

 

23.2

 

 

96.0

 

Industrial

 

50.3

 

1.3

 

 

51.6

 

Net sales to external customers

 

324.8

 

91.7

 

 

416.5

 

Intersegment sales

 

16.7

 

0.6

 

(17.3

)

 

Total sales

 

341.5

 

92.3

 

(17.3

)

416.5

 

 

 

 

 

 

 

 

 

 

 

Operating income (a)

 

67.9

 

13.4

 

(18.3

)

63.0

 

Depreciation and amortization

 

13.1

 

1.2

 

 

14.3

 

Stock-based compensation expense

 

2.0

 

0.5

 

6.2

 

8.7

 

Accrual basis additions to capital expenditures

 

38.4

 

3.0

 

 

41.4

 

 

 

 

 

 

 

 

 

 

 

First Quarter 2012

 

 

 

 

 

 

 

 

 

Net sales to external customers:

 

 

 

 

 

 

 

 

 

Commercial aerospace

 

$

179.5

 

$

62.8

 

$

 

$

242.3

 

Space and defense

 

63.9

 

21.0

 

 

84.9

 

Industrial

 

72.8

 

0.1

 

 

72.9

 

Net sales to external customers

 

316.2

 

83.9

 

 

400.1

 

Intersegment sales

 

15.9

 

0.1

 

(16.0

)

 

Total sales

 

332.1

 

84.0

 

(16.0

)

400.1

 

 

 

 

 

 

 

 

 

 

 

Operating income (a)

 

65.8

 

11.8

 

(17.0

)

60.6

 

Depreciation and amortization

 

12.9

 

1.1

 

 

14.0

 

Stock-based compensation expense

 

2.1

 

0.4

 

5.0

 

7.5

 

Accrual basis additions to capital expenditures

 

43.6

 

1.1

 

 

44.7

 

 

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

Schedule of goodwill and intangible assets by segment

(In millions)

 

March 31,
2013

 

December 31,
2012

 

Composite Materials

 

$

41.2

 

$

41.7

 

Engineered Products

 

16.0

 

16.1

 

Goodwill and intangible assets

 

$

57.2

 

$

57.8