Segment Information (Tables)

3 Months Ended

Mar. 31, 2018

Segment Reporting [Abstract]

Summary of Segment Information

Summarized segment information is as follows:

	For the Quarter Ended March 31, 2018
(In thousands)	Piping Systems		Industrial Metals		Climate		Corporate and Eliminations			Total
Net sales	$	430,964	$	177,332	$	36,063	$	(4,299	)	$	640,060
Cost of goods sold	372,895		149,423		27,286		(3,934		)	545,670
Depreciation and amortization	5,878		1,903		621		1,054			9,456
Selling, general, and administrative expense	19,242		3,373		2,609		8,833			34,057
Asset impairment	—		—		—		3,469			3,469
Operating income	32,949		22,633		5,547		(13,721		)	47,408
Interest expense										(5,909		)
Other income, net										560
Income before income taxes										$	42,059

	For the Quarter Ended April 1, 2017
(In thousands)	Piping Systems		Industrial Metals		Climate		Corporate and Eliminations			Total
Net sales	$	398,775	$	149,837	$	34,279	$	(4,971	)	$	577,920
Cost of goods sold	344,646		124,043		25,564		(5,826		)	488,427
Depreciation and amortization	5,342		1,898		629		486			8,355
Selling, general, and administrative expense	18,197		3,549		2,476		11,352			35,574
Operating income	30,590		20,347		5,610		(10,983		)	45,564
Interest expense										(2,531		)
Other income, net										594
Income before income taxes										$	43,627

Disaggregation of Revenue From Contracts with Customers

The following tables represent a disaggregation of revenue from contracts with customers, along with the reportable segment for each category:

	For the Quarter Ended March 31, 2018
(In thousands)	Piping Systems		Industrial Metals		Climate		Total
Tube and fittings	$	358,091	$	—	$	—	$	358,091
Brass rod and forgings	—		136,548		—		136,548
OEM components, tube & assemblies	7,062		15,067		36,063		58,192
Valves and plumbing specialties	65,811		—		—		65,811
Other	—		25,717		—		25,717
	430,964		177,332		36,063		644,359
Intersegment sales							(4,299		)
Net sales							$	640,060

	For the Quarter Ended April 1, 2017
(In thousands)	Piping Systems		Industrial Metals		Climate		Total
Tube and fittings	$	308,366	$	—	$	—	$	308,366
Brass rod and forgings	—		114,180		—		114,180
OEM components, tube & assemblies	31,971		13,215		34,279		79,465
Valves and plumbing specialties	58,438		—		—		58,438
Other	—		22,442		—		22,442
	398,775		149,837		34,279		582,891
Intersegment sales							(4,971		)
Net sales							$	577,920