Segment Information (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Operating Segment Reporting Information

Financial information for our operating segments for the quarter and six months ended June 30, 2019 and 2018 were as follows:

	(Unaudited)
	Composite		Engineered		Corporate &
(In millions	Materials		Products		Other (a)			Total
Second Quarter 2019
Net sales to external customers	$	484.0	$	125.0	$	—		$	609.0
Intersegment sales		21.5		—		(21.5	)		—
Total sales	$	505.5	$	125.0	$	(21.5	)	$	609.0
Operating income		111.8		16.3		(13.0	)		115.1
Depreciation and amortization		30.1		3.8		0.1			34.0
Stock-based compensation		1.1		0.4		0.9			2.4
Accrual basis additions to capital expenditures		49.0		1.1		—			50.1
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
Six Months Ended June 30, 2019
Net sales to external customers	$	971.7	$	247.2	$	—		$	1,218.9
Intersegment sales		40.7		0.1		(40.8	)		—
Total sales	$	1,012.4	$	247.3	$	(40.8	)	$	1,218.9
Operating income		224.3		31.1		(37.5	)		217.9
Depreciation and amortization		65.0		7.6		0.1			72.7
Stock-based compensation		5.2		1.2		7.1			13.5
Accrual basis additions to capital expenditures		105.8		1.8		—			107.6
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

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

Schedule of Goodwill and Intangible Assets by Segment

Goodwill and Intangible Assets	Composite			Engineered
(In millions)	Materials			Products			Total
Balance at December 31, 2018	$	98.2		$	44.1		$	142.3
Amortization Expense		(1.1	)		(2.4	)		(3.5	)
Additions		—			145.1			145.1
Currency translation adjustments		(0.2	)		(0.1	)		(0.3	)
Balance at June 30, 2019	$	96.9		$	186.7		$	283.6