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Segment Information
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Segment Information Note 13 - Segment Information

The primary measurement used by management to measure the financial performance of each segment is EBIT (earnings before interest and taxes).
 
Three Months Ended
June 30,
Six Months Ended
June 30,
 
2017
2016
2017
2016
Net sales:
 
 
 
 
Mobile Industries
$
408.4

$
367.8

$
791.4

$
751.0

Process Industries
342.2

305.8

663.0

606.6

 
$
750.6

$
673.6

$
1,454.4

$
1,357.6

 
 
 
 
 
Segment EBIT:
 
 
 
 
Mobile Industries
$
34.4

$
37.4

$
65.2

$
69.4

Process Industries
60.2

47.9

103.2

81.7

Total EBIT, for reportable segments
$
94.6

$
85.3

$
168.4

$
151.1

Corporate expenses
(12.9
)
(13.4
)
(25.8
)
(23.9
)
Continued Dumping & Subsidy Offset Act income, net

6.1


53.8

Interest expense
(8.5
)
(8.7
)
(16.4
)
(17.1
)
Interest income
0.7

0.4

1.3

0.7

Income before income taxes
$
73.9

$
69.7

$
127.5

$
164.6