Segment Information (Tables)

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

Schedule of Operating Segment Reporting Information

Financial information for our operating segments for the quarters and nine months ended September 30, 2015 and 2014 is as follows:

	(Unaudited)
(In millions)	Composite Materials		Engineered Products		Corporate & Other (a)			Total
Third Quarter 2015
Net sales to external customers	$	347.4	$	101.4	$	—		$	448.8
Intersegment sales		15.9		—		(15.9	)		—
Total sales		363.3		101.4		(15.9	)		448.8
Operating income (a)		74.1		14.2		(10.3	)		78.0
Depreciation and amortization		17.7		1.5		0.1			19.3
Stock-based compensation expense		0.7		0.1		—			0.8
Accrual basis additions to capital expenditures		83.1		3.2		—			86.3
Third Quarter 2014
Net sales to external customers	$	342.9	$	109.0	$	—		$	451.9
Intersegment sales		16.4		0.4		(16.8	)		—
Total sales		359.3		109.4		(16.8	)		451.9
Operating income (a)		74.4		16.7		(12.1	)		79.0
Depreciation and amortization		16.4		1.3		0.1			17.8
Stock-based compensation expense		0.9		0.2		1.4			2.5
Accrual basis additions to capital expenditures		72.4		2.0		—			74.4
Nine Months Ended September 30, 2015
Net sales to external customers	$	1,088.3	$	308.0	$	—		$	1,396.3
Intersegment sales		56.2		0.1		(56.3	)		—
Total sales		1,144.5		308.1		(56.3	)		1,396.3
Operating income (a)		254.5		43.3		(46.6	)		251.2
Depreciation and amortization		51.7		4.5		0.3			56.5
Stock-based compensation expense		5.4		0.8		9.0			15.2
Accrual basis additions to capital expenditures		216.8		11.0		—			227.8
Nine Months Ended September 30, 2014
Net sales to external customers	$	1,060.8	$	322.9	$	—		$	1,383.7
Intersegment sales		53.1		1.0		(54.1	)		—
Total sales		1,113.9		323.9		(54.1	)		1,383.7
Operating income (a)		230.1		50.7		(52.1	)		228.7
Other operating expense (b)		—		—		6.0			6.0
Depreciation and amortization		48.3		4.1		0.2			52.6
Stock-based compensation expense		4.3		0.9		8.8			14.0
Accrual basis additions to capital expenditures		173.4		5.8		—			179.2

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

(b) Other operating expense for the nine months ended September 30, 2014 reflects an increase in environmental reserves primarily related to a former manufacturing facility in Lodi, New Jersey.

Schedule of Goodwill and Intangible Assets by Segment

The carrying amount of gross goodwill and intangible assets by segment is as follows:

(In millions)	September 30, 2015		December 31, 2014
Composite Materials	$	43.2	$	43.7
Engineered Products		16.0		16.1
Goodwill and intangible assets	$	59.2	$	59.8