Segment Information (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Schedule of Operating Segment Reporting Information

Financial information for our operating segments for the quarters and nine months ended September 30, 2016 and 2015 is as follows:

	(Unaudited)
	Composite		Engineered		Corporate &
(In millions	Materials		Products		Other (a)			Total
Third Quarter 2016
Net sales to external customers	$	398.2	$	102.3	$	—		$	500.5
Intersegment sales		16.2		—		(16.2	)		—
Total sales		414.4		102.3		(16.2	)		500.5
Operating income		88.8		12.9		(12.6	)		89.1
Depreciation and amortization		21.7		1.8		—			23.5
Stock-based compensation		0.7		—		0.1			0.8
Accrual basis additions to capital expenditures		84.4		5.9		0.1			90.4
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		74.1		14.2		(10.3	)		78.0
Depreciation and amortization		17.7		1.5		0.1			19.3
Stock-based compensation		0.7		0.1		—			0.8
Accrual basis additions to capital expenditures		83.1		3.2		—			86.3
Nine Months Ended September 30, 2016
Net sales to external customers	$	1,219.3	$	301.5	$	—		$	1,520.8
Intersegment sales		53.2		—		(53.2	)		—
Total sales		1,272.5		301.5		(53.2	)		1,520.8
Operating income		281.2		36.8		(44.9	)		273.1
Depreciation and amortization		63.5		5.4		0.1			69.0
Stock-based compensation		4.9		0.9		7.8			13.6
Accrual basis additions to capital expenditures		221.6		10.9		0.1			232.6
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		254.5		43.3		(46.6	)		251.2
Depreciation and amortization		51.7		4.5		0.3			56.5
Stock-based compensation		5.4		0.8		9.0			15.2
Accrual basis additions to capital expenditures		216.8		11.0		—			227.8
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(a) We do not allocate Corporate expenses to the operating segments

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, 2016		December 31, 2015
Composite Materials	$	57.9	$	42.8
Engineered Products		16.0		16.1
Goodwill and intangible assets	$	73.9	$	58.9