v3.26.1
Segments (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2026
Net sales$209.3 $101.4 $129.4 $440.1 
Cost of sales170.5 90.5 100.2 361.2 
Gross profit38.8 10.9 29.2 78.9 
Selling, general and administrative expenses20.0 5.3 19.6 44.9 
Restructuring and other special charges0.3 0.3 0.6 1.2 
Segment operating income18.5 5.3 9.0 32.8 
Corporate expenses(7.8)
Corporate restructuring and other special charges(0.1)
Operating income24.9 
Other components of pension and other postretirement benefits income, net2.2 
Interest expense, net(12.4)
Income from continuing operations before income taxes$14.7 
Three Months Ended June 30, 2025
Net sales$187.1 $95.1 $117.9 $400.1 
Cost of sales154.3 84.2 93.4 331.9 
Gross profit32.8 10.9 24.5 68.2 
Selling, general and administrative expenses16.1 4.8 18.1 39.0 
Restructuring and other special charges0.4 0.5 0.4 1.3 
Segment operating income16.3 5.6 6.0 27.9 
Corporate expenses(7.5)
Operating income20.4 
Other components of pension and other postretirement benefits income, net1.8 
Interest expense, net(11.3)
Income from continuing operations before income taxes$10.9 
Supply TechnologiesAssembly ComponentsEngineered ProductsTotal
(In millions)
Six Months Ended June 30, 2026
Net sales$404.4 $201.6 $255.1 $861.1 
Cost of sales328.4 180.5 200.6 709.5 
Gross profit76.0 21.1 54.5 151.6 
Selling, general and administrative expenses39.7 10.2 38.7 88.6 
Restructuring and other special charges0.3 0.7 1.1 2.1 
Segment operating income36.0 10.2 14.7 60.9 
Corporate expenses(15.8)
Corporate restructuring and other special charges(0.5)
Operating income44.6 
Other components of pension and other postretirement benefits income, net4.3 
Interest expense, net(24.7)
Income from continuing operations before income taxes$24.2 
Six Months Ended June 30, 2025
Net sales$374.9 $192.0 $238.6 $805.5 
Cost of sales307.5 169.9 191.8 669.2 
Gross profit67.4 22.1 46.8 136.3 
Selling, general and administrative expenses32.9 10.5 35.8 79.2 
Restructuring and other special charges0.4 0.7 1.2 2.3 
Segment operating income34.1 10.9 9.8 54.8 
Corporate expenses(15.4)
Operating income39.4 
Other components of pension and other postretirement benefits income, net3.6 
Interest expense, net(22.4)
Income from continuing operations before income taxes$20.6 
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Capital expenditures:
Supply Technologies$4.7 $3.1 $8.4 $7.8 
Assembly Components1.7 1.5 3.7 2.9 
Engineered Products4.4 2.7 9.1 5.8 
Corporate0.2 0.1 2.3 0.4 
$11.0 $7.4 $23.5 $16.9 
Depreciation and amortization expense:
Supply Technologies$1.7 $1.7 $3.5 $3.3 
Assembly Components3.2 3.2 6.3 6.6 
Engineered Products3.2 3.3 6.3 6.4 
Corporate0.3 — 0.6 0.2 
$8.4 $8.2 $16.7 $16.5 
June 30,
2026		December 31,
2025
Identifiable assets:
Supply Technologies$505.6 $489.4 
Assembly Components309.5 293.3 
Engineered Products479.0 465.9 
Corporate207.7 199.9 
$1,501.8 $1,448.5