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Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | Segment activity is as follows (dollars in thousands):
|  | Year ended December 31,
|  | 2022 |  | 2021 |  | 2020
Net Sales |  |  |  |  |  |
Packaging |  | $ | 522,180 |  |  | $ | 533,260 |  |  | $ | 488,340 |
Aerospace |  | 188,090 |  |  | 183,340 |  |  | 167,740 |
Specialty Products |  | 173,560 |  |  | 140,510 |  |  | 113,890 |
Total |  | $ | 883,830 |  |  | $ | 857,110 |  |  | $ | 769,970 |
Operating Profit (Loss) |  |  |  |  |  |
Packaging |  | $ | 81,000 |  |  | $ | 96,490 |  |  | $ | 93,990 |
Aerospace (a) |  | 8,060 |  |  | 13,270 |  |  | (133,440) |
Specialty Products |  | 30,250 |  |  | 22,550 |  |  | 4,350 |
Corporate (b) |  | (20,250) |  |  | (37,220) |  |  | (53,190) |
Total |  | $ | 99,060 |  |  | $ | 95,090 |  |  | $ | (88,290) |
Capital Expenditures |  |  |  |  |  |
Packaging |  | $ | 33,170 |  |  | $ | 34,080 |  |  | $ | 30,730 |
Aerospace |  | 6,900 |  |  | 5,390 |  |  | 5,770 |
Specialty Products |  | 5,860 |  |  | 5,500 |  |  | 3,890 |
Corporate |  | 30 |  |  | 90 |  |  | 90 |
Total |  | $ | 45,960 |  |  | $ | 45,060 |  |  | $ | 40,480 |
Depreciation and Amortization |  |  |  |  |  |
Packaging |  | $ | 29,340 |  |  | $ | 30,500 |  |  | $ | 27,600 |
Aerospace |  | 19,620 |  |  | 18,700 |  |  | 18,130 |
Specialty Products |  | 4,130 |  |  | 4,120 |  |  | 3,910 |
Corporate |  | 130 |  |  | 130 |  |  | 130 |
Total |  | $ | 53,220 |  |  | $ | 53,450 |  |  | $ | 49,770 |
Total Assets |  |  |  |  |  |
Packaging |  | $ | 776,550 |  |  | $ | 739,920 |  |  | $ | 721,440 |
Aerospace |  | 347,720 |  |  | 353,800 |  |  | 348,190 |
Specialty Products |  | 86,290 |  |  | 73,260 |  |  | 65,520 |
Corporate |  | 94,440 |  |  | 136,660 |  |  | 58,730 |
Total |  | $ | 1,305,000 |  |  | $ | 1,303,640 |  |  | $ | 1,193,880 |
__________________________ (a) In 2022, the Company completed the sale of vacant land adjacent to the Company's Tolleson, Arizona, manufacturing facility for net proceeds of $5.0 million, and recognized a $4.8 million gain on the sale, which is included within the Aerospace segment. (b) In 2022, the Company sold a non-core facility in City of Industry, California, for net proceeds of $23.3 million, and recognized a $17.6 million gain on the sale, which is included in Corporate operating loss for 2022 and included within net gain (loss) on disposition of assets in the accompanying consolidated statement of operations.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas | The following table presents the Company's net sales for each of the years ended December 31 and long-lived assets at each year ended December 31, attributed to each subsidiary's continent of domicile (dollars in thousands).
|  | As of December 31,
|  | 2022 |  | 2021 |  | 2020
|  | Net Sales |  | Long-lived Assets |  | Net Sales |  | Long-lived Assets |  | Net Sales |  | Long-lived Assets
Non-U.S. |  |  |  |  |  |  |  |  |  |  |  |
Europe |  | $ | 139,780 |  |  | $ | 192,600 |  |  | $ | 160,650 |  |  | $ | 209,380 |  |  | $ | 116,350 |  |  | $ | 225,120 |
Asia Pacific |  | 35,260 |  |  | 29,720 |  |  | 41,310 |  |  | 37,080 |  |  | 46,350 |  |  | 41,140 |
Other Americas |  | 18,040 |  |  | 41,840 |  |  | 15,290 |  |  | 42,000 |  |  | 11,740 |  |  | 19,510 |
Total non-U.S. |  | 193,080 |  |  | 264,160 |  |  | 217,250 |  |  | 288,460 |  |  | 174,440 |  |  | 285,770 |
Total U.S. |  | 690,750 |  |  | 541,510 |  |  | 639,860 |  |  | 489,390 |  |  | 595,530 |  |  | 477,460 |
Total |  | $ | 883,830 |  |  | $ | 805,670 |  |  | $ | 857,110 |  |  | $ | 777,850 |  |  | $ | 769,970 |  |  | $ | 763,230 |

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