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Segments (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Results by Business Segment

Results by business segment were as follows:

			Supply Technologies						Assembly Components						Engineered Products						Corporate						Total
			(In millions)
			Three Months Ended September 30, 2025
Net sales			$	185.5					$	97.0					$	116.1					$	—					$	398.6
Cost of sales			150.0						86.6						95.4						—						332.0
Gross profit			35.5						10.4						20.7						—						66.6
Selling, general and administrative expenses			17.1						4.4						17.0						8.0						46.5
Restructuring and other special charges			1.0						1.3						0.3						0.2						2.8
Operating income			17.4						4.7						3.4						(8.2)						17.3
Other components of pension and other postretirement benefits income, net																											1.7
Interest expense, net																											(12.5)
Loss on extinguishment of debt																											(2.0)
Income from continuing operations before income taxes																											$	4.5
			Three Months Ended September 30, 2024
Net sales			$	194.5					$	98.7					$	124.4					$	—					$	417.6
Cost of sales			157.2						87.1						101.0						—						345.3
Gross profit			37.3						11.6						23.4						—						72.3
Selling, general and administrative expenses			16.8						5.0						18.2						7.8						47.8
Restructuring and other special charges			—						0.5						0.4						—						0.9
Operating income			20.5						6.1						4.8						(7.8)						23.6
Other components of pension and other postretirement benefits income, net																											1.1
Interest expense, net																											(12.1)
Income from continuing operations before income taxes																											$	12.6

			Supply Technologies						Assembly Components						Engineered Products						Corporate						Total
			(In millions)
			Nine Months Ended September 30, 2025
Net sales			$	560.4					$	289.0					$	354.7					$	—					$	1,204.1
Cost of sales			457.5						256.5						287.2						—						1,001.2
Gross profit			102.9						32.5						67.5						—						202.9
Selling, general and administrative expenses			50.0						14.9						52.8						23.8						141.5
Restructuring and other special charges			1.4						2.0						1.5						0.2						5.1
Operating income			51.5						15.6						13.2						(24.0)						56.3
Other components of pension and other postretirement benefits income, net																											5.3
Interest expense, net																											(34.7)
Loss on extinguishment of debt																											(2.0)
Income from continuing operations before income taxes																											$	24.9
			Nine Months Ended September 30, 2024
Net sales			$	594.0					$	309.0					$	364.8					$	—					$	1,267.8
Cost of sales			483.6						273.0						294.3						—						1,050.9
Gross profit			110.4						36.0						70.5						—						216.9
Selling, general and administrative expenses			51.2						13.9						54.2						23.0						142.3
Restructuring and other special charges			0.2						0.5						1.7						—						2.4
Operating income			59.0						21.6						14.6						(23.0)						72.2
Other components of pension and other postretirement benefits income, net																											3.8
Interest expense, net																											(36.0)
Income from continuing operations before income taxes																											$	40.0

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
Capital expenditures:
Supply Technologies			$	5.9					$	2.7					$	13.7					$	7.2
Assembly Components			1.7						3.0						4.6						6.3
Engineered Products			2.5						3.0						8.3						7.1
Corporate			0.6						0.4						1.0						1.7
			$	10.7					$	9.1					$	27.6					$	22.3
Depreciation and amortization expense:
Supply Technologies			$	1.7					$	1.7					$	5.0					$	5.1
Assembly Components			3.2						3.4						9.8						10.3
Engineered Products			3.2						3.3						9.6						9.6
Corporate			0.2						0.1						0.4						0.2
			$	8.3					$	8.5					$	24.8					$	25.2
															September 30, 2025						December 31, 2024
Identifiable assets:
Supply Technologies															$	498.2					$	465.6
Assembly Components															303.2						284.3
Engineered Products															473.4						468.8
Corporate															161.8						146.4
															$	1,436.6					$	1,365.1

X

- 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

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- References

No definition available.

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