Segment Information (Tables)

6 Months Ended

Jun. 30, 2014

Segment Information

Schedule of operating segment reporting information

	(Unaudited)
(In millions)	Composite Materials		Engineered Products		Corporate & Other (a)			Total
Second Quarter 2014
Net sales to external customers	$	361.6	$	108.5	$	—		$	470.1
Intersegment sales	18.2		0.5		(18.7		)	—
Total sales	379.8		109.0		(18.7		)	470.1
Operating income (a) (b)	79.8		17.6		(22.3		)	75.1
Other operating expense (b)	—		—		6.0			6.0
Depreciation and amortization	16.3		1.4		—			17.7
Stock-based compensation expense	0.1		—		2.6			2.7
Accrual basis additions to capital expenditures	62.6		2.2		—			64.8
Second Quarter 2013
Net sales to external customers	$	324.7	$	97.9	$	—		$	422.6
Intersegment sales	18.0		0.5		(18.5		)	—
Total sales	342.7		98.4		(18.5		)	422.6
Operating income (a)	71.2		15.1		(14.4		)	71.9
Depreciation and amortization	12.6		1.1		0.1			13.8
Stock-based compensation expense	1.3		0.2		1.8			3.3
Accrual basis additions to capital expenditures	38.0		2.7		—			40.7
Six Months Ended June 30, 2014
Net sales to external customers	$	717.9	$	213.9	$	—		$	931.8
Intersegment sales	36.7		0.6		(37.3		)	—
Total sales	754.6		214.5		(37.3		)	931.8
Operating income (a) (b)	155.7		34.0		(40.0		)	149.7
Other operating expense (b)	—		—		6.0			6.0
Depreciation and amortization	31.9		2.8		0.1			34.8
Stock-based compensation expense	3.4		0.7		7.4			11.5
Accrual basis additions to capital expenditures	101.0		3.8		—			104.8
Six Months Ended June 30, 2013
Net sales to external customers	$	649.5	$	189.6	$	—		$	839.1
Intersegment sales	34.7		1.1		(35.8		)	—
Total sales	684.2		190.7		(35.8		)	839.1
Operating income (a)	139.1		28.5		(32.7		)	134.9
Depreciation and amortization	25.7		2.3		0.1			28.1
Stock-based compensation expense	3.3		0.7		8.0			12.0
Accrual basis additions to capital expenditures	76.4		5.7		—			82.1

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

(b) Includes other operating expense for the three and six months ended June 30, 2014 reflects an increase in environmental reserves related to a former manufacturing facility in Lodi, New Jersey.

Schedule of goodwill and intangible assets by segment

(In millions)	June 30, 2014		December 31, 2013
Composite Materials	$	45.1	$	45.0
Engineered Products	16.0		16.0
Goodwill and intangible assets	$	61.1	$	61.0