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Segment Information (Q3) (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2018

Dec. 31, 2017

Segment Reporting [Abstract]

Segment Financial Information

Segment financial information for the three months ended September 30, 2018 is as follows:

In thousands		Freight Segment				Transit Segment				Corporate Activities and Elimination				Total
Sales to external customers		$	391,577			$	686,237			$	—			$	1,077,814
Intersegment sales/(elimination)			13,510				4,738				(18,248	)			—
Total sales		$	405,087			$	690,975			$	(18,248	)		$	1,077,814
Income (loss) from operations		$	79,420			$	60,735			$	(14,976	)		$	125,179
Interest expense and other, net			—				—				(22,512	)			(22,512	)
Income (loss) from operations before income taxes		$	79,420			$	60,735			$	(37,488	)		$	102,667

Segment financial information for the three months ended September 30, 2017 is as follows:

In thousands		Freight Segment				Transit Segment				Corporate Activities and Elimination				Total
Sales to external customers		$	340,185			$	617,746			$	—			$	957,931
Intersegment sales/(elimination)			8,376				4,494				(12,870	)			—
Total sales		$	348,561			$	622,240			$	(12,870	)		$	957,931
Income (loss) from operations		$	61,424			$	47,358			$	(7,116	)		$	101,666
Interest expense and other, net			—				—				(20,481	)			(20,481	)
Income (loss) from operations before income taxes		$	61,424			$	47,358			$	(27,597	)		$	81,185

Segment financial information for the nine months ended September 30, 2018 is as follows:    

In thousands		Freight Segment				Transit Segment				Corporate Activities and Elimination				Total
Sales to external customers		$	1,183,389			$	2,062,282			$	—			$	3,245,671
Intersegment sales/(elimination)			44,211				11,611				(55,822	)			—
Total sales		$	1,227,600			$	2,073,893			$	(55,822	)		$	3,245,671
Income (loss) from operations		$	233,390			$	186,794			$	(40,203	)		$	379,981
Interest expense and other, net			—				—				(69,959	)			(69,959	)
Income (loss) from operations before income taxes		$	233,390			$	186,794			$	(110,162	)		$	310,022

Segment financial information for the nine months ended September 30, 2017 is as follows:    

In thousands		Freight Segment				Transit Segment				Corporate Activities and Elimination				Total
Sales to external customers		$	1,032,959			$	1,773,259			$	—			$	2,806,218
Intersegment sales/(elimination)			27,602				16,253				(43,855	)			—
Total sales		$	1,060,561			$	1,789,512			$	(43,855	)		$	2,806,218
Income (loss) from operations		$	195,811			$	155,383			$	(21,659	)		$	329,535
Interest expense and other, net			—				—				(52,156	)			(52,156	)
Income (loss) from operations before income taxes		$	195,811			$	155,383			$	(73,815	)		$	277,379

Segment financial information for 2017 is as follows:

In thousands		Freight Segment				Transit Segment				Corporate Activities and Elimination				Total
Sales to external customers		$	1,396,588			$	2,485,168			$	—			$	3,881,756
Intersegment sales/(elimination)			37,630				21,548				(59,178	)			—
Total sales		$	1,434,218			$	2,506,716			$	(59,178	)		$	3,881,756
Income (loss) from operations		$	264,276			$	188,219			$	(31,416	)		$	421,079
Interest expense and other, net			—				—				(69,016	)			(69,016	)
Income (loss) from operations before income taxes		$	264,276			$	188,219			$	(100,432	)		$	352,063
Depreciation and amortization		$	43,721			$	57,441			$	2,086			$	103,248
Capital expenditures			33,921				50,762				4,783				89,466
Segment assets			3,504,289				7,562,122				(4,486,431	)			6,579,980

Segment financial information for 2016 is as follows:

In thousands		Freight Segment				Transit Segment				Corporate Activities and Elimination				Total
Sales to external customers		$	1,543,098			$	1,388,090			$	—			$	2,931,188
Intersegment sales/(elimination)			39,519				9,393				(48,912	)		$	—
Total sales		$	1,582,617			$	1,397,483			$	(48,912	)		$	2,931,188
Income (loss) from operations		$	343,578			$	170,569			$	(57,540	)		$	456,607
Interest expense and other, net			—				—				(43,770	)			(43,770	)
Income (loss) from operations before income taxes		$	343,578			$	170,569			$	(101,310	)		$	412,837
Depreciation and amortization		$	36,519			$	31,545			$	1,731			$	69,795
Capital expenditures			22,726				20,987				6,503				50,216
Segment assets			2,949,668				6,720,302				(3,088,952	)			6,581,018

Segment financial information for 2015 is as follows:

In thousands		Freight Segment				Transit Segment				Corporate Activities and Elimination				Total
Sales to external customers		$	2,054,715			$	1,235,283			$	—			$	3,307,998
Intersegment sales/(elimination)			35,372				10,895				(46,267	)			—
Total sales		$	2,090,087			$	1,264,178			$	(46,267	)		$	3,307,998
Income (loss) from operations		$	483,284			$	151,631			$	(26,061	)		$	608,854
Interest expense and other, net			—				—				(23,486	)			(23,486	)
Income (loss) from operations before income taxes		$	483,284			$	151,631			$	(49,547	)		$	585,368
Depreciation and amortization		$	36,834			$	26,196			$	1,704			$	64,734
Capital expenditures			24,715				22,996				1,717				49,428
Segment assets			2,708,724				2,202,614				(1,681,825	)			3,229,513

Sales by Product

Sales by product line are as follows:

		Three Months Ended September 30,
In thousands		2018				2017
Specialty Products & Electronics		$	408,806			$	335,143
Transit Products			258,419				276,913
Brake Products			222,152				177,165
Remanufacturing, Overhaul & Build			134,726				132,018
Other			53,711				36,692
Total sales		$	1,077,814			$	957,931

		Nine Months Ended September 30,
In thousands		2018				2017
Specialty Products & Electronics		$	1,229,753			$	975,006
Transit Products			814,823				789,096
Brake Products			655,350				550,181
Remanufacturing, Overhaul & Build			397,626				387,634
Other			148,119				104,301
Total sales		$	3,245,671			$	2,806,218

Sales by product are as follows:

	In thousands		2017				2016				2015
	Specialty Products & Electronics		$	1,350,727			$	1,374,580			$	1,733,881
	Brake Products			749,959				588,081				627,552
	Remanufacturing, Overhaul & Build			522,275				559,284				606,624
	Transit Products			1,112,340				276,124				189,581
	Other			146,455				133,119				150,360
	Total sales		$	3,881,756			$	2,931,188			$	3,307,998

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599

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-Publisher FASB
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599

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-Name Accounting Standards Codification
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-Publisher FASB
-Name Accounting Standards Codification
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