Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Segment Reporting Information, by Segment

Segment activity is as follows (dollars in thousands):


	Year ended December 31,
	2022		2021		2020
Net Sales
Packaging	$	522,180	$	533,260	$	488,340
Aerospace	188,090		183,340		167,740
Specialty Products	173,560		140,510		113,890
Total	$	883,830	$	857,110	$	769,970
Operating Profit (Loss)
Packaging	$	81,000	$	96,490	$	93,990
Aerospace (a)	8,060		13,270		(133,440)
Specialty Products	30,250		22,550		4,350
Corporate (b)	(20,250)		(37,220)		(53,190)
Total	$	99,060	$	95,090	$	(88,290)
Capital Expenditures
Packaging	$	33,170	$	34,080	$	30,730
Aerospace	6,900		5,390		5,770
Specialty Products	5,860		5,500		3,890
Corporate	30		90		90
Total	$	45,960	$	45,060	$	40,480
Depreciation and Amortization
Packaging	$	29,340	$	30,500	$	27,600
Aerospace	19,620		18,700		18,130
Specialty Products	4,130		4,120		3,910
Corporate	130		130		130
Total	$	53,220	$	53,450	$	49,770
Total Assets
Packaging	$	776,550	$	739,920	$	721,440
Aerospace	347,720		353,800		348,190
Specialty Products	86,290		73,260		65,520
Corporate	94,440		136,660		58,730


Total	$	1,305,000	$	1,303,640	$	1,193,880

__________________________

(a) In 2022, the Company completed the sale of vacant land adjacent to the Company's Tolleson, Arizona, manufacturing facility for net proceeds of $5.0 million, and recognized a $4.8 million gain on the sale, which is included within the Aerospace segment.

(b) In 2022, the Company sold a non-core facility in City of Industry, California, for net proceeds of $23.3 million, and recognized a $17.6 million gain on the sale, which is included in Corporate operating loss for 2022 and included within net gain (loss) on disposition of assets in the accompanying consolidated statement of operations.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following table presents the Company's net sales for each of the years ended December 31 and long-lived assets at each year ended December 31, attributed to each subsidiary's continent of domicile (dollars in thousands).


	As of December 31,
	2022				2021				2020
	Net Sales		Long-lived Assets		Net Sales		Long-lived Assets		Net Sales		Long-lived Assets
Non-U.S.
Europe	$	139,780	$	192,600	$	160,650	$	209,380	$	116,350	$	225,120
Asia Pacific	35,260		29,720		41,310		37,080		46,350		41,140
Other Americas	18,040		41,840		15,290		42,000		11,740		19,510
Total non-U.S.	193,080		264,160		217,250		288,460		174,440		285,770

Total U.S.	690,750		541,510		639,860		489,390		595,530		477,460
Total	$	883,830	$	805,670	$	857,110	$	777,850	$	769,970	$	763,230