v3.26.1
Segments (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Results by Business Segment
Results by business segment were as follows:
Supply TechnologiesAssembly ComponentsEngineered ProductsTotal
(In millions)
Three Months Ended March 31, 2026
Net sales$195.1 $100.2 $125.7 $421.0 
Cost of sales157.9 90.0 100.4 348.3 
Gross profit37.2 10.2 25.3 72.7 
Selling, general and administrative expenses19.7 4.9 19.1 43.7 
Restructuring and other special charges— 0.4 0.5 0.9 
Segment operating income17.5 4.9 5.7 28.1 
Corporate expenses(8.0)
Corporate restructuring and other special charges(0.4)
Operating income19.7 
Other components of pension and other postretirement benefits income, net2.1 
Interest expense, net(12.3)
Income from continuing operations before income taxes$9.5 
Three Months Ended March 31, 2025
Net sales$187.8 $96.9 $120.7 $405.4 
Cost of sales153.2 85.7 98.4 337.3 
Gross profit34.6 11.2 22.3 68.1 
Selling, general and administrative expenses16.8 5.7 17.7 40.2 
Restructuring and other special charges— 0.2 0.8 1.0 
Segment operating income17.8 5.3 3.8 26.9 
Corporate expenses(7.9)
Operating income19.0 
Other components of pension and other postretirement benefits income, net1.8 
Interest expense, net(11.1)
Income from continuing operations before income taxes$9.7 
Three Months Ended March 31,
20262025
Capital expenditures:
Supply Technologies$3.7 $4.7 
Assembly Components2.0 1.4 
Engineered Products4.7 3.1 
Corporate2.1 0.3 
$12.5 $9.5 
Depreciation and amortization:
Supply Technologies$1.8 $1.6 
Assembly Components3.1 3.4 
Engineered Products3.1 3.1 
Corporate0.3 0.2 
$8.3 $8.3 
March 31,
2026
December 31,
2025
Identifiable assets:
Supply Technologies$501.0 $489.4 
Assembly Components300.1 293.3 
Engineered Products464.4 465.9 
Corporate200.0 199.9 
$1,465.5 $1,448.5