Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

Schedule of Operating Segment Reporting Information

Financial information for our operating segments for the quarters and six months ended June 30, 2018 and 2017 were as follows:

	(Unaudited)
	Composite		Engineered		Corporate &
(In millions)	Materials		Products		Other (a)			Total
Second Quarter 2018
Net sales to external customers	$	445.8	$	101.7	$	—		$	547.5
Intersegment sales		20.3		—		(20.3	)		—
Total sales	$	466.1	$	101.7	$	(20.3	)	$	547.5
Operating income		93.1		15.9		(12.5	)		96.5
Depreciation and amortization		27.5		2.3		—			29.8
Stock-based compensation		0.9		0.1		1.1			2.1
Accrual basis additions to capital expenditures		43.4		1.3		—			44.7
Second Quarter 2017
Net sales to external customers	$	397.3	$	94.0	$	—		$	491.3
Intersegment sales		15.1		—		(15.1	)		—
Total sales	$	412.4	$	94.0	$	(15.1	)	$	491.3
Operating income		92.1		12.1		(14.5	)		89.7
Depreciation and amortization		23.3		1.8		—			25.1
Stock-based compensation		1.2		0.2		1.0			2.4
Accrual basis additions to capital expenditures		74.5		2.7		—			77.2
Six Months Ended June 30, 2018
Net sales to external customers	$	890.4	$	197.2	$	—		$	1,087.6
Intersegment sales		39.5		—		(39.5	)		—
Total sales	$	929.9	$	197.2	$	(39.5	)	$	1,087.6
Operating income		184.1		25.8		(31.0	)		178.9
Depreciation and amortization		55.0		4.6		—			59.6
Stock-based compensation		4.5		0.8		6.7			12.0
Accrual basis additions to capital expenditures		88.7		1.3		—			90.0
Six Months Ended June 30, 2017
Net sales to external customers	$	784.8	$	185.3	$	—		$	970.1
Intersegment sales		32.2		—		(32.2	)		—
Total sales	$	817.0	$	185.3	$	(32.2	)	$	970.1
Operating income		174.0		25.1		(30.8	)		168.3
Depreciation and amortization		45.8		3.7		—			49.5
Stock-based compensation		4.6		0.9		7.8			13.3
Accrual basis additions to capital expenditures		161.1		9.0		—			170.1

(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:

	June 30,		December 31,
(In millions)	2018		2017
Composite Materials	$	100.7	$	103.7
Engineered Products	44.6			45.0
Goodwill and intangible assets	$	145.3	$	148.7