Segments (Tables)

3 Months Ended

Mar. 31, 2025

Results by business segment were as follows:


	Supply Technologies		Assembly Components		Engineered Products		Corporate		Total
	(In millions)
	Three Months Ended March 31, 2025
Net sales	$	187.8	$	96.9	$	120.7	$	—	$	405.4
Cost of sales	153.2		85.7		98.4		—		337.3
Gross profit	34.6		11.2		22.3		—		68.1
Selling, general and administrative expenses	16.8		5.7		17.7		7.9		48.1
Restructuring and other special charges	—		0.2		0.8		—		1.0
Operating income (loss)	17.8		5.3		3.8		(7.9)		19.0
Other components of pension and other postretirement benefits income, net									1.8

Interest expense, net									(11.1)
Income from continuing operations before income taxes									$	9.7

	Three Months Ended March 31, 2024
Net sales	$	196.9	$	107.2	$	113.5	$	—	$	417.6
Cost of sales	161.1		93.5		91.6		—		346.2
Gross profit	35.8		13.7		21.9		—		71.4
Selling, general and administrative expenses	16.3		5.1		18.1		7.4		46.9
Restructuring and other special charges	—		—		0.3		—		0.3
Operating income (loss)	19.5		8.6		3.5		(7.4)		24.2
Other components of pension and other postretirement benefits income, net									1.3

Interest expense, net									(12.0)
Income from continuing operations before income taxes									$	13.5


	Three Months Ended March 31,
	2025		2024

Capital expenditures:
Supply Technologies	$	4.7	$	1.3
Assembly Components	1.4		1.8
Engineered Products	3.1		2.0
Corporate	0.3		0.7
	$	9.5	$	5.8
Depreciation and amortization expense:
Supply Technologies	$	1.6	$	1.7
Assembly Components	3.4		3.4
Engineered Products	3.1		3.2
Corporate	0.2		0.1
	$	8.3	$	8.4

	March 31, 2025		December 31, 2024
Identifiable assets:
Supply Technologies	$	489.7	$	465.6
Assembly Components	300.9		284.3
Engineered Products	467.6		468.8
Corporate	180.4		173.3
	$	1,438.6	$	1,392.0

PARK OHIO INDUSTRIES INC/OH 10-Q