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Information on Business Segments (Tables)
3 Months Ended
Mar. 31, 2022
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
March 31,
20222021
Net sales
Industrial$211,672 $219,992 
Aerospace100,711 81,642 
Intersegment sales— (5)
Total net sales$312,383 $301,629 
Operating profit
Industrial$14,734 $21,295 
Aerospace16,379 11,085 
Total operating profit31,113 32,380 
Interest expense3,567 3,942 
Other expense (income), net1,630 1,463 
Income before income taxes$25,916 $26,975 
March 31, 2022 December 31, 2021
Assets 
Industrial$1,825,695 $1,827,903 
Aerospace590,204 583,043 
Other (A)
139,456 165,874 
Total assets$2,555,355  $2,576,820 
(A) "Other" assets include corporate-controlled assets, the majority of which are cash and cash equivalents and deferred tax assets.