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Business Segments (Tables) | 9 Months Ended
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Sep. 29, 2024
Segment Reporting [Abstract] |
Schedule Of Segment Reporting Information By Segment | Following is certain financial information with respect to the Company’s business segments for the periods indicated (in millions):
| Quarter ended |  | Year-to-date period ended
| September 29, 2024 |  | October 1, 2023 |  | September 29, 2024 |  | October 1, 2023
Total sales: |  |  |  |  |  |  |
High Performance Materials & Components | $ | 612.9 |  |  | $ | 578.1 |  |  | $ | 1,828.6 |  |  | $ | 1,670.5 |
Advanced Alloys & Solutions | 588.4 |  |  | 551.8 |  |  | 1,753.7 |  |  | 1,791.0 |
| 1,201.3 |  |  | 1,129.9 |  |  | 3,582.3 |  |  | 3,461.5 |
Intersegment sales: |  |  |  |  |  |  |
High Performance Materials & Components | 60.5 |  |  | 38.6 |  |  | 184.3 |  |  | 132.8 |
Advanced Alloys & Solutions | 89.6 |  |  | 65.7 |  |  | 208.6 |  |  | 219.0 |
| 150.1 |  |  | 104.3 |  |  | 392.9 |  |  | 351.8 |
Sales to external customers: |  |  |  |  |  |  |
High Performance Materials & Components | 552.4 |  |  | 539.5 |  |  | 1,644.3 |  |  | 1,537.7 |
Advanced Alloys & Solutions | 498.8 |  |  | 486.1 |  |  | 1,545.1 |  |  | 1,572.0 |
| $ | 1,051.2 |  |  | $ | 1,025.6 |  |  | $ | 3,189.4 |  |  | $ | 3,109.7 |
| Quarter ended |  | Year-to-date period ended
| September 29, 2024 |  | October 1, 2023 |  | September 29, 2024 |  | October 1, 2023
EBITDA: |  |  |  |  |  |  |
High Performance Materials & Components | $ | 123.2 |  |  | $ | 117.2 |  |  | $ | 334.6 |  |  | $ | 308.5 |
Advanced Alloys & Solutions | 73.6 |  |  | 61.5 |  |  | 232.9 |  |  | 219.3 |
Total segment EBITDA | 196.8 |  |  | 178.7 |  |  | 567.5 |  |  | 527.8 |
Corporate expenses | (13.4) |  |  | (12.5) |  |  | (49.9) |  |  | (47.1) |
Closed operations and other income (expense) | 2.3 |  |  | (3.6) |  |  | 1.7 |  |  | (6.8) |
Depreciation & amortization (a) | (38.5) |  |  | (35.6) |  |  | (112.4) |  |  | (106.6) |
Interest expense, net | (28.0) |  |  | (23.8) |  |  | (83.0) |  |  | (65.0) |
Restructuring and other charges | (4.3) |  |  | (4.2) |  |  | (12.8) |  |  | (14.6) |
Loss on asset sales and sales of businesses, net | — |  |  | — |  |  | — |  |  | (0.6) |
Income before income taxes | $ | 114.9 |  |  | $ | 99.0 |  |  | $ | 311.1 |  |  | $ | 287.1 |
a) The following is depreciation & amortization by each business segment:
| Quarter ended |  | Year-to-date period ended
| September 29, 2024 |  | October 1, 2023 |  | September 29, 2024 |  | October 1, 2023
High Performance Materials & Components | $ | 18.6 |  |  | $ | 16.5 |  |  | $ | 52.8 |  |  | $ | 51.8 |
Advanced Alloys & Solutions | 18.2 |  |  | 17.3 |  |  | 54.5 |  |  | 49.6 |
Other | 1.7 |  |  | 1.8 |  |  | 5.1 |  |  | 5.2 |
| $ | 38.5 |  |  | $ | 35.6 |  |  | $ | 112.4 |  |  | $ | 106.6 |

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- Definition 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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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