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Segments (Tables)
9 Months Ended
Sep. 30, 2017
Segment Reporting [Abstract]  
Results by business segment
Results by business segment were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2017
 
2016
 
2017
 
2016
 
(In millions)
Net sales:
 
 
 
 
 
 
 
Supply Technologies
$
140.2

 
$
122.0

 
$
415.8

 
$
384.8

Assembly Components
127.9

 
133.4

 
393.2

 
399.4

Engineered Products
84.1

 
57.3

 
237.9

 
185.9

 
$
352.2

 
$
312.7

 
$
1,046.9

 
$
970.1

Segment operating income:
 
 
 
 
 
 
 
Supply Technologies
$
10.9

 
$
9.7

 
$
34.6

 
$
30.8

Assembly Components
11.4

 
13.9

 
37.0

 
38.3

Engineered Products
6.0

 
4.0

 
13.5

 
8.6

Total segment operating income
28.3

 
27.6

 
85.1

 
77.7

 
 
 
 
 
 
 
 
Corporate costs
(7.6
)
 
(6.7
)
 
(21.4
)
 
(21.2
)
Litigation settlement gain

 

 
3.3

 

Asset impairment charge

 

 

 
(4.0
)
Operating income
20.7

 
20.9

 
67.0

 
52.5

Interest expense
(7.8
)
 
(7.2
)
 
(23.1
)
 
(21.3
)
Loss on extinguishment of debt

 

 
(11.0
)
 

Income before income taxes
$
12.9

 
$
13.7

 
$
32.9

 
$
31.2