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Segment Information (Tables) | 9 Months Ended
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Sep. 30, 2017
Segment Reporting [Abstract] |
Schedule of Operating Segment Reporting Information | Financial information for our operating segments for the quarters and nine months ended September 30, 2017 and 2016 were as follows:
|  | (Unaudited) |
|  | Composite |  |  | Engineered |  |  | Corporate & |  |  |  |  |  |  |
(In millions |  | Materials |  |  | Products |  |  | Other (a) |  |  |  |  | Total |
Third Quarter 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 398.9 |  |  | $ | 92.6 |  |  | $ | — |  |  |  |  | $ | 491.5 |
Intersegment sales |  |  | 16.4 |  |  |  | — |  |  |  | (16.4 | ) |  |  |  |  | — |
Total sales |  |  | 415.3 |  |  |  | 92.6 |  |  |  | (16.4 | ) |  |  |  |  | 491.5 |
Operating income |  |  | 90.0 |  |  |  | 12.1 |  |  |  | (13.0 | ) |  |  |  |  | 89.1 |
Depreciation and amortization |  |  | 24.8 |  |  |  | 1.9 |  |  |  | 0.1 |  |  |  |  |  | 26.8 |
Stock-based compensation |  |  | 1.1 |  |  |  | 0.1 |  |  |  | 1.0 |  |  |  |  |  | 2.2 |
Accrual basis additions to capital expenditures |  |  | 47.4 |  |  |  | 0.5 |  |  |  | — |  |  |  |  |  | 47.9 |
Third Quarter 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 398.2 |  |  | $ | 102.3 |  |  | $ | — |  |  |  |  | $ | 500.5 |
Intersegment sales |  |  | 16.2 |  |  |  | — |  |  |  | (16.2 | ) |  |  |  |  | — |
Total sales |  |  | 414.4 |  |  |  | 102.3 |  |  |  | (16.2 | ) |  |  |  |  | 500.5 |
Operating income |  |  | 88.8 |  |  |  | 12.9 |  |  |  | (12.6 | ) |  |  |  |  | 89.1 |
Depreciation and amortization |  |  | 21.7 |  |  |  | 1.8 |  |  |  | — |  |  |  |  |  | 23.5 |
Stock-based compensation |  |  | 0.7 |  |  |  | 0.1 |  |  |  | — |  |  |  |  |  | 0.8 |
Accrual basis additions to capital expenditures |  |  | 84.4 |  |  |  | 5.9 |  |  |  | 0.1 |  |  |  |  |  | 90.4 |
Nine Months Ended September 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 1,183.7 |  |  | $ | 277.9 |  |  | $ | — |  |  |  |  | $ | 1,461.6 |
Intersegment sales |  |  | 48.6 |  |  |  | — |  |  |  | (48.6 | ) |  |  |  |  | — |
Total sales |  |  | 1,232.3 |  |  |  | 277.9 |  |  |  | (48.6 | ) |  |  |  |  | 1,461.6 |
Operating income |  |  | 264.0 |  |  |  | 37.2 |  |  |  | (43.8 | ) |  |  |  |  | 257.4 |
Depreciation and amortization |  |  | 70.6 |  |  |  | 5.6 |  |  |  | 0.1 |  |  |  |  |  | 76.3 |
Stock-based compensation |  |  | 5.7 |  |  |  | 1.0 |  |  |  | 8.8 |  |  |  |  |  | 15.5 |
Accrual basis additions to capital expenditures |  |  | 208.5 |  |  |  | 9.5 |  |  |  | — |  |  |  |  |  | 218.0 |
Nine Months Ended September 30, 2016 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 1,219.3 |  |  | $ | 301.5 |  |  | $ | — |  |  |  |  | $ | 1,520.8 |
Intersegment sales |  |  | 53.2 |  |  |  | — |  |  |  | (53.2 | ) |  |  |  |  | — |
Total sales |  |  | 1,272.5 |  |  |  | 301.5 |  |  |  | (53.2 | ) |  |  |  |  | 1,520.8 |
Operating income |  |  | 281.2 |  |  |  | 36.8 |  |  |  | (44.9 | ) |  |  |  |  | 273.1 |
Depreciation and amortization |  |  | 63.5 |  |  |  | 5.4 |  |  |  | 0.1 |  |  |  |  |  | 69.0 |
Stock-based compensation |  |  | 4.9 |  |  |  | 0.9 |  |  |  | 7.8 |  |  |  |  |  | 13.6 |
Accrual basis additions to capital expenditures |  |  | 221.6 |  |  |  | 10.9 |  |  |  | 0.1 |  |  |  |  |  | 232.6 |
_________________ |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| (a) | We do not allocate Corporate expenses to the operating segments
Schedule of Goodwill and Intangible Assets by Segment | The carrying amount of gross goodwill and intangible assets by segment is as follows:
|  | September 30, |  |  | December 31,
(In millions) |  | 2017 |  |  | 2016
Composite Materials |  | $ |  | 57.9 |  |  | $ | 56.1
Engineered Products |  |  |  | 16.1 |  |  |  | 16.1
Goodwill and intangible assets |  | $ |  |  | 74.0 |  |  | $ | 72.2

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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://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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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