v3.25.2
Segment Results (Tables)
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule Of Financial Information By Reportable Segment
Three Months EndedSix Months Ended
June 30,June 30,
(in millions)2025202420252024
Net Sales:
Aerospace & Electronics$258.2 $230.9 $507.1 $456.8 
Process Flow Technologies319.0 297.7 627.7 582.0 
TOTAL NET SALES$577.2 $528.6 $1,134.8 $1,038.8 
Cost of Sales:
Aerospace & Electronics$152.3 $143.9 $300.1 $285.6 
Process Flow Technologies182.6 173.2 354.8 334.9 
TOTAL COST OF SALES$334.9 $317.1 $654.9 $620.5 
Engineering, selling and administrative:
Aerospace & Electronics$38.0 $34.3 $74.5 $70.2 
Process Flow Technologies72.5 65.0 146.2 130.7 
Corporate28.9 22.9 55.2 46.8 
TOTAL ENGINEERING, SELLING AND ADMINISTRATIVE$139.4 $122.2 $275.9 $247.7 
Operating profit:
Aerospace & Electronics $67.9 $52.7 $132.5 $101.0 
Process Flow Technologies 63.9 59.5 126.7 116.4 
Corporate (28.9)(22.9)(55.2)(46.8)
TOTAL OPERATING PROFIT$102.9 $89.3 $204.0 $170.6 
Interest income2.9 1.3 6.1 2.5 
Interest expense(4.3)(7.4)(8.8)(14.6)
Miscellaneous income, net3.1 1.3 2.1 0.1 
Income from continuing operations before income taxes$104.6 $84.5 $203.4 $158.6 

Three Months EndedSix Months Ended
June 30,June 30,
(in millions)2025202420252024
Depreciation and amortization:
Aerospace & Electronics$4.8 $5.4 $9.3 $11.0 
Process Flow Technologies8.2 7.3 16.2 13.6 
Corporate0.1 0.1 0.1 0.1 
TOTAL DEPRECIATION AND AMORTIZATION$13.1 $12.8 $25.6 $24.7 
Six Months Ended
June 30,
(in millions)20252024
Capital expenditures:
Aerospace & Electronics$13.1 $4.5 
Process Flow Technologies17.2 10.2 
TOTAL CAPITAL EXPENDITURES$30.3 $14.7 
Schedule Of Assets By Segment
(in millions)June 30, 2025December 31, 2024
Assets:
Aerospace & Electronics$947.2 $896.2 
Process Flow Technologies1,353.5 1,265.0 
Corporate215.9 262.8 
Assets held for sale— 217.9 
TOTAL ASSETS$2,516.6 $2,641.9 
Schedule Of Goodwill By Segment
(in millions)June 30, 2025December 31, 2024
Goodwill:
Aerospace & Electronics$248.7 $248.5 
Process Flow Technologies436.2 413.1 
TOTAL GOODWILL$684.9 $661.6