Business Description and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2021

Business Description and Summary of Significant Accounting Policies

Schedule of estimated useful lives of property, plant and equipment

Buildings and improvements	5-40  years
Machinery and equipment	5-20  years
Tooling	3‑5 years

Schedule of income tax expenses and effective tax rate

	For the Three Months Ended
	March 31,
	2021			2020			% Change
	($000's omitted)
Income tax expense	$	148		$	504		(70.6)	%
Effective tax rate		21.5	%		21.0	%	2.4	%