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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Schedule of Operating Segment Reporting Information | Financial information for our operating segments for the quarters and six months ended June 30, 2018 and 2017 were as follows:
|  | (Unaudited) |
|  | Composite |  |  | Engineered |  |  | Corporate & |  |  |  |  |
(In millions) |  | Materials |  |  | Products |  |  | Other (a) |  |  | Total |
Second Quarter 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 445.8 |  |  | $ | 101.7 |  |  | $ | — |  |  | $ | 547.5 |
Intersegment sales |  |  | 20.3 |  |  |  | — |  |  |  | (20.3 | ) |  |  | — |
Total sales |  | $ | 466.1 |  |  | $ | 101.7 |  |  | $ | (20.3 | ) |  | $ | 547.5 |
Operating income |  |  | 93.1 |  |  |  | 15.9 |  |  |  | (12.5 | ) |  |  | 96.5 |
Depreciation and amortization |  |  | 27.5 |  |  |  | 2.3 |  |  |  | — |  |  |  | 29.8 |
Stock-based compensation |  |  | 0.9 |  |  |  | 0.1 |  |  |  | 1.1 |  |  |  | 2.1 |
Accrual basis additions to capital expenditures |  |  | 43.4 |  |  |  | 1.3 |  |  |  | — |  |  |  | 44.7 |
Second Quarter 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 397.3 |  |  | $ | 94.0 |  |  | $ | — |  |  | $ | 491.3 |
Intersegment sales |  |  | 15.1 |  |  |  | — |  |  |  | (15.1 | ) |  |  | — |
Total sales |  | $ | 412.4 |  |  | $ | 94.0 |  |  | $ | (15.1 | ) |  | $ | 491.3 |
Operating income |  |  | 92.1 |  |  |  | 12.1 |  |  |  | (14.5 | ) |  |  | 89.7 |
Depreciation and amortization |  |  | 23.3 |  |  |  | 1.8 |  |  |  | — |  |  |  | 25.1 |
Stock-based compensation |  |  | 1.2 |  |  |  | 0.2 |  |  |  | 1.0 |  |  |  | 2.4 |
Accrual basis additions to capital expenditures |  |  | 74.5 |  |  |  | 2.7 |  |  |  | — |  |  |  | 77.2 |
Six Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 890.4 |  |  | $ | 197.2 |  |  | $ | — |  |  | $ | 1,087.6 |
Intersegment sales |  |  | 39.5 |  |  |  | — |  |  |  | (39.5 | ) |  |  | — |
Total sales |  | $ | 929.9 |  |  | $ | 197.2 |  |  | $ | (39.5 | ) |  | $ | 1,087.6 |
Operating income |  |  | 184.1 |  |  |  | 25.8 |  |  |  | (31.0 | ) |  |  | 178.9 |
Depreciation and amortization |  |  | 55.0 |  |  |  | 4.6 |  |  |  | — |  |  |  | 59.6 |
Stock-based compensation |  |  | 4.5 |  |  |  | 0.8 |  |  |  | 6.7 |  |  |  | 12.0 |
Accrual basis additions to capital expenditures |  |  | 88.7 |  |  |  | 1.3 |  |  |  | — |  |  |  | 90.0 |
Six Months Ended June 30, 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales to external customers |  | $ | 784.8 |  |  | $ | 185.3 |  |  | $ | — |  |  | $ | 970.1 |
Intersegment sales |  |  | 32.2 |  |  |  | — |  |  |  | (32.2 | ) |  |  | — |
Total sales |  | $ | 817.0 |  |  | $ | 185.3 |  |  | $ | (32.2 | ) |  | $ | 970.1 |
Operating income |  |  | 174.0 |  |  |  | 25.1 |  |  |  | (30.8 | ) |  |  | 168.3 |
Depreciation and amortization |  |  | 45.8 |  |  |  | 3.7 |  |  |  | — |  |  |  | 49.5 |
Stock-based compensation |  |  | 4.6 |  |  |  | 0.9 |  |  |  | 7.8 |  |  |  | 13.3 |
Accrual basis additions to capital expenditures |  |  | 161.1 |  |  |  | 9.0 |  |  |  | — |  |  |  | 170.1 |
| (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:
|  | June 30, |  |  | December 31, |
(In millions) |  | 2018 |  |  | 2017 |
Composite Materials |  | $ | 100.7 |  |  | $ | 103.7 |
Engineered Products |  | 44.6 |  |  |  | 45.0 |
Goodwill and intangible assets |  | $ | 145.3 |  |  | $ | 148.7 |

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