Information on Business Segments (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables set forth information about the Company's operations by its two reportable segments:

	Three Months Ended June 30,					Six Months Ended June 30,
	2020			2019		2020			2019
Net sales
Industrial	$	165,031		$	233,404	$	364,131		$	475,906
Aerospace	70,508			138,265		202,079			272,454
Intersegment sales	(2		)	—		(3		)	—
Total net sales	$	235,537		$	371,669	$	566,207		$	748,360
Operating profit (loss)
Industrial	$	(300	)	$	27,430	$	17,625		$	48,931
Aerospace	10,415			29,527		41,804			58,676
Total operating profit	10,115			56,957		59,429			107,607
Interest expense	3,898			5,399		8,223			10,512
Other expense (income), net	1,060			1,712		2,654			3,519
Income before income taxes	$	5,157		$	49,846	$	48,552		$	93,576

	June 30, 2020		December 31, 2019
Assets
Industrial	$	1,789,432	$	1,879,258
Aerospace	658,323		704,318
Other (A)	140,741		154,759
Total assets	$	2,588,496	$	2,738,335

(A) "Other" assets include corporate-controlled assets, the majority of which are cash and cash equivalents and deferred tax assets.