Segment Information (Tables)

9 Months Ended

Sep. 30, 2017

Segment Reporting [Abstract]

Schedule of Operating Segment Reporting Information

Financial information for our operating segments for the quarters and nine months ended September 30, 2017 and 2016 were as follows:

	(Unaudited)
	Composite		Engineered		Corporate &
(In millions	Materials		Products		Other (a)			Total
Third Quarter 2017
Net sales to external customers	$	398.9	$	92.6	$	—		$	491.5
Intersegment sales		16.4		—		(16.4	)		—
Total sales		415.3		92.6		(16.4	)		491.5
Operating income		90.0		12.1		(13.0	)		89.1
Depreciation and amortization		24.8		1.9		0.1			26.8
Stock-based compensation		1.1		0.1		1.0			2.2
Accrual basis additions to capital expenditures		47.4		0.5		—			47.9
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
Nine Months Ended September 30, 2017
Net sales to external customers	$	1,183.7	$	277.9	$	—		$	1,461.6
Intersegment sales		48.6		—		(48.6	)		—
Total sales		1,232.3		277.9		(48.6	)		1,461.6
Operating income		264.0		37.2		(43.8	)		257.4
Depreciation and amortization		70.6		5.6		0.1			76.3
Stock-based compensation		5.7		1.0		8.8			15.5
Accrual basis additions to capital expenditures		208.5		9.5		—			218.0
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
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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:

	September 30,			December 31,
(In millions)	2017			2016
Composite Materials	$	57.9		$	56.1
Engineered Products		16.1			16.1
Goodwill and intangible assets	$		74.0	$	72.2