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Revenue (Tables)
6 Months Ended
Jun. 30, 2021
Revenue From Contract With Customer [Abstract]  
Schedule of Revenue By Market The following table details our revenue by market for the quarters and six months ended June 30, 2021 and 2020:

 

 

Quarter Ended June 30,

 

 

Six Months Ended June 30,

 

(In millions)

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Consolidated Net Sales

 

$

320.3

 

 

$

378.7

 

 

$

630.6

 

 

$

919.7

 

Commercial Aerospace

 

 

153.7

 

 

 

203.9

 

 

 

301.3

 

 

 

566.8

 

Space & Defense

 

 

106.9

 

 

 

108.4

 

 

 

218.6

 

 

 

220.0

 

Industrial

 

 

59.7

 

 

 

66.4

 

 

 

110.7

 

 

 

132.9

 

 

Schedule of Activity Related to Contract Assets The activity related to contract assets for the six months ended June 30, 2021 was as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

(In millions)

 

Composite Material

 

 

Engineered Products

 

 

Total

 

Balance at December 31, 2020

 

$

7.8

 

 

$

35.3

 

 

$

43.1

 

Net revenue billed

 

 

1.6

 

 

 

(2.4

)

 

 

(0.8

)

Balance at March 31, 2021

 

$

9.4

 

 

$

32.9

 

 

$

42.3

 

Net revenue billed

 

 

(1.8

)

 

 

 

 

 

(1.8

)

Balance at June 30, 2021

 

$

7.6

 

 

$

32.9

 

 

$

40.5