Park-Ohio (PKOH) 10-Q 12 Nov 13 2013 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2013	Oct. 31, 2013
Document and Entity Information [Abstract]	'	'
Entity Registrant Name	'PARK OHIO HOLDINGS CORP	'
Entity Central Index Key	'0000076282	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	12,368,244

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$64.30	$44.40	[1]
Accounts receivable, less allowances for doubtful accounts of $5.1 million at September 30, 2013 and $3.5 million at December 31, 2012	180.1	160.4	[1]
Inventories, net	217.5	215.6	[1]
Deferred tax assets	19.7	19.8	[1]
Unbilled contract revenue	5.6	1.4	[1]
Other current assets	21.5	23.6	[1]
Total current assets	508.7	465.2	[1]
Property, plant and equipment:	'	'
Land and land improvements	6.5	5.7	[1]
Buildings	55	55.8	[1]
Machinery and equipment	262.6	245.2	[1]
Total property, plant and equipment	324.1	306.7	[1]
Less accumulated depreciation	213.3	206.7	[1]
Net property, plant and equipment	110.8	100	[1]
Goodwill	53.9	49.7
Intangible assets, net	52.9	49.6	[1]
Other long-term assets	64	62.1	[1]
Total assets	790.3	726.6	[1]
Current liabilities:	'	'
Trade accounts payable	113.8	101.8	[1]
Accrued expenses and other	80.9	83.6	[1]
Current portion of long-term debt	4.8	4.4	[1]
Current portion of other postretirement benefits	1.9	1.9	[1]
Total current liabilities	201.4	191.7	[1]
Long-term liabilities, less current portion:	'	'
Senior Notes	250	250	[1]
Credit facility	130	120.6	[1]
Other long-term debt	3.3	3.6	[1]
Deferred tax liabilities	31.6	31.5	[1]
Other postretirement benefits and other long-term liabilities	32.4	27.4	[1]
Total long-term liabilities	447.3	433.1	[1]
Capital stock, par value $1 a share	'	'
Serial preferred stock: Authorized -- 632,470 shares: Issued and outstanding -- none	0	0	[1]
Common stock: Authorized -- 40,000,000 shares; Issued -- 14,299,489 shares in 2013 and 14,109,255 in 2012	14.3	14.1	[1]
Additional paid-in capital	80.3	76.9	[1]
Retained earnings	76.7	42.2	[1]
Treasury stock, at cost, 1,931,245 shares in 2013 and 1,872,265 shares in 2012	-26.6	-24.6	[1]
Accumulated other comprehensive loss	-7.8	-6.8	[1]
Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity	136.9	101.8	[1]
Noncontrolling interest	4.7	0	[1]
Total equity	141.6	101.8	[1]
Total liabilities and shareholders' equity	$790.30	$726.60	[1]
[1]	Adjusted to reflect the discontinued operations.

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Allowance for doubtful accounts	$5.10	$3.50
Capital stock, par value (in dollars per share)	$1	$1
Serial preferred stock, shares authorized (in shares)	632,470	632,470
Serial preferred stock, shares issued (in shares)	0	0
Serial preferred stock, shares outstanding (in shares)	0	0
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	14,299,489	14,109,255
Treasury stock, shares (in shares)	1,931,245	1,872,265

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Income (Unaudited) (USD $)	3 Months Ended			9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012		Sep. 30, 2013	Sep. 30, 2012
Income Statement [Abstract]	'	'		'	'
Net sales	$303.50	$285.20	[1]	$893.80	$854.20	[1]
Cost of sales	248.9	231	[1]	730.1	695.1	[1]
Gross profit	54.6	54.2	[1]	163.7	159.1	[1]
Selling, general and administrative expenses	31	30.4	[1]	91.9	86.8	[1]
Litigation judgment and settlement costs	5.2	0	[1]	5.2	13	[1]
Operating income	18.4	23.8	[1]	66.6	59.3	[1]
Gain on acquisition of business	-0.6	0	[1]	-0.6	0	[1]
Interest expense	6.6	6.5	[1]	19.7	19.8	[1]
Income from continuing operations before income taxes	12.4	17.3	[1]	47.5	39.5	[1]
Income tax expense	3.7	5.9	[1]	16	13.5	[1]
Net income from continuing operations	8.7	11.4	[1]	31.5	26	[1]
Income (loss) from discontinued operations, net of taxes	3.7	-0.7	[1]	3.2	-1.9	[1]
Net income	12.4	10.7	[1]	34.7	24.1	[1]
Net income attributable to noncontrolling interest	-0.2	0	[1]	-0.2	0	[1]
Net income attributable to ParkOhio common shareholders	$12.20	$10.70	[1]	$34.50	$24.10	[1]
Earnings (loss) per common share attributable to ParkOhio common shareholders - Basic:	'	'		'	'
Continuing operations (in dollars per share)	$0.71	$0.95	[1]	$2.63	$2.19	[1]
Discontinued operations (in dollars per share)	$0.31	($0.06)	[1]	$0.27	($0.16)	[1]
Total (in dollars per share)	$1.02	$0.89	[1]	$2.90	$2.03	[1]
Earnings (loss) per common share attributable to ParkOhio common shareholders - Diluted:	'	'		'	'
Continuing operations	$0.69	$0.94	[1]	$2.57	$2.15	[1]
Discontinued operations	$0.30	($0.06)	[1]	$0.26	($0.16)	[1]
Total (in dollars per share)	$0.99	$0.88	[1]	$2.83	$1.99	[1]
Weighted-average shares used to compute earnings per share:	'	'		'	'
Basic (in shares)	12,002,344	12,002,653	[1]	11,913,765	11,906,589	[1]
Diluted (in shares)	12,267,041	12,175,430	[1]	12,210,229	12,109,263	[1]
[1]	Adjusted to reflect the discontinued operations.

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (USD $)	3 Months Ended			9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012		Sep. 30, 2013	Sep. 30, 2012
Statement of Comprehensive Income [Abstract]	'	'		'	'
Net income	$12.40	$10.70	[1]	$34.70	$24.10	[1]
Other comprehensive income (loss):	'	'		'	'
Foreign currency translation gain (loss)	1.2	2.5		-1.7	0.9
Pension and postretirement benefit adjustments, net of tax	0.3	0.5		0.7	1.2
Total other comprehensive loss	1.5	3		-1	2.1
Total comprehensive income, net of tax	13.9	13.7		33.7	26.2
Comprehensive income attributable to noncontrolling interest	-0.2	0		-0.2	0
Comprehensive income attributable to ParkOhio common shareholders	$13.70	$13.70		$33.50	$26.20
[1]	Adjusted to reflect the discontinued operations.

Condensed_Consolidated_Stateme2

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) (USD $)	Total		Common Stock	Additional Paid-In Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Loss	Noncontrolling Interest [Member]
In Millions
Beginning balance at Dec. 31, 2012	$101.80	[1]	$14.10	$76.90	$42.20	($24.60)	($6.80)	$0
Other comprehensive income (loss)	33.7		'	'	34.5	'	-1	0.2
Share-based compensation	3.6		'	3.6	0	'	'	'
Restricted stock awards	0		0.2	-0.2	'	'	'	'
Capital contribution from noncontrolling interest	4.5		'	'	'	'	'	4.5
Purchase of treasury stock	-2		'	'	'	-2	'	'
Ending balance at Sep. 30, 2013	$141.60		$14.30	$80.30	$76.70	($26.60)	($7.80)	$4.70
[1]	Adjusted to reflect the discontinued operations.

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013		Sep. 30, 2012
OPERATING ACTIVITIES	'		'
Net income	$34.70		$24.10	[1]
Adjustments to reconcile net income to net cash provided by operating activities:	'		'
Depreciation and amortization	13.5		13.2
Debt extinguishment costs	0		0.3
Share-based compensation	3.6		2.1
Gain on sale of business and assets	-6		-0.3
Gain on acquisition	-0.6		0	[1]
Changes in operating assets and liabilities, excluding business acquisitions:	'		'
Accounts receivable	-13.7		-2.2
Inventories and other current assets	-1.3		-9.1
Accounts payable and accrued expenses	5.2		9.5
Other	1.5		5.5
Net cash provided by operating activities	36.9		43.1
INVESTING ACTIVITIES	'		'
Purchases of property, plant and equipment	-24.4		-19.1
Proceeds from sale and leaseback transactions	7.1		0
Proceeds from sale of assets	14.2		0.4
Business acquisitions, net of cash acquired	-21.6		-96.6
Net cash used by investing activities	-24.7		-115.3
FINANCING ACTIVITIES	'		'
Proceeds from term loans and other debt	0		27.9
Payments on term loans and other debt	-3.1		-2.2
Proceeds from revolving credit facility, net	12.6		9.7
Bank debt issue costs	0		-0.9
Issuance of common stock under stock option plan	0.2		1.1
Income tax effect of share-based compensation exercises and vesting	0		1.1
Purchase of treasury stock	-2		-1.2
Net cash provided by financing activities	7.7		35.5
Effect of exchange rate changes on cash	0		0
Increase (decrease) in cash and cash equivalents	19.9		-36.7
Cash and cash equivalents at beginning of period	44.4	[1]	78
Cash and cash equivalents at end of period	64.3		41.3
Income taxes paid	21.6		4.8
Interest paid	$13.40		$12.70
[1]	Adjusted to reflect the discontinued operations.

Basis_of_Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis of Presentation	'
	Basis of Presentation
	The condensed consolidated financial statements include the accounts of Park-Ohio Holdings Corp. and its subsidiaries (collectively, “we” or the “Company”). All significant intercompany transactions have been eliminated in consolidation. Certain amounts in the prior years’ financial statements have been reclassified to conform to the current year presentation.
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by accounting principles generally accepted in the United States for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Operating results for the three and nine month periods ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.
	On September 3, 2013, we sold all of the outstanding equity interests of a non-core business unit in the Supply Technologies segment for $8.5 million in cash, which resulted in a gain that is reflected within the income (loss) from discontinued operations, net of taxes, line of the condensed consolidated statements of income. This business unit is a provider of high-quality machine to machine information technology solutions, products and services. Beginning with the three and nine month periods ended September 30, 2013, the results of the business unit have been reported as discontinued operations in the financial statements.

New_Accounting_Pronouncements

New Accounting Pronouncements	9 Months Ended
	Sep. 30, 2013
Accounting Changes and Error Corrections [Abstract]	'
Recent Accounting Pronouncements	'
	New Accounting Pronouncements
	Accounting Pronouncements Adopted
	In February 2013, the FASB issued ASU 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income,” which requires entities to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, entities are required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, entities are required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail on these amounts. This ASU is effective prospectively for reporting periods beginning after December 15, 2012. The updated standard affects the Company’s disclosures but has no impact on its results of operations, financial condition or liquidity.
	Recent Accounting Pronouncements Not Yet Adopted
	In February 2013, the FASB issued ASU 2013-04, “Obligations Resulting from Joint and Several Liability Arrangements for Which the Total Amount of the Obligation is Fixed at the Reporting Date,” which requires entities to measure obligations resulting from joint and several liability arrangements for which the total amount of the obligation is fixed at the reporting date, as the sum of the amount the reporting entity agreed to pay on the basis of its arrangement among its co-obligors plus additional amounts the reporting entity expects to pay on behalf of its co-obligors. Entities are also required to disclose the nature and amount of the obligation as well as other information about those obligations. This ASU is effective prospectively for reporting periods beginning after December 15, 2013. The Company is currently evaluating the impact of adopting this guidance.
	In February 2013, the FASB issued ASU 2013-05, “Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity,” requiring reporting entities that no longer have a controlling financial interest in a subsidiary or group of assets that is considered a business within a foreign entity, to release the cumulative translation adjustment into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided. For equity method investments that are foreign entities, the partial sale requires a pro rata portion of the cumulative translation adjustment to be released into net income upon a partial sale of such an equity investment. However, for an equity method investment that is not a foreign entity, the release of the cumulative translation adjustment into net income is required only if the partial sale represents a complete or substantially complete liquidation of the foreign entity that contains the equity method investment. Additionally, the amendments in this update clarify that the sale of an investment in a foreign entity requiring release into net income the cumulative translation adjustment upon the occurrence of events that includes (1) events that result in the loss of a controlling financial interest in a foreign entity and (2) events that result in an acquirer obtaining control of an acquiree in which it held an equity interest immediately before the acquisition date. This ASU is effective prospectively for reporting periods beginning after December 15, 2013. The Company is currently evaluating the impact of adopting this guidance.

Segments

Segments	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Segments	'
	Segments
	The Company operates through three reportable segments: Supply Technologies, Assembly Components and Engineered Products. Supply Technologies provides our customers with Total Supply Management™ services for a broad range of high-volume, specialty production components. Total Supply Management™ manages the efficiencies of every aspect of supplying production parts and materials to our customers’ manufacturing floor, from strategic planning to program implementation, and includes such services as engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing services and ongoing technical support. Assembly Components manufactures cast aluminum components, automotive and industrial rubber and thermoplastic products, fuel filler and hydraulic assemblies for automotive, agricultural equipment, construction equipment, heavy-duty truck and marine equipment industries. Assembly Components also provides value-added services such as design and engineering, machining and assembly. Engineered Products operates a diverse group of niche manufacturing businesses that design and manufacture a broad range of high quality products engineered for specific customer applications.
	The Company primarily evaluates performance and allocates resources based on segment operating income as well as projected future performance. Segment operating income is defined as revenues less expenses identifiable to the product lines included within each segment. Segment operating income reconciles to consolidated income before income taxes by deducting corporate costs and other income or expense items that are not attributed to the segments and net interest expense.
	Results by business segment were as follows:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
					Adjusted (1)						Adjusted (1)
		2013			2012			2013			2012
	Net sales:
	Supply Technologies	$	115.9		$	116.1		$	349.2		$	377.4
	Assembly Components	106.1			84.5			303.9			220.5
	Engineered Products	81.5			84.6			240.7			256.3
		$	303.5		$	285.2		$	893.8		$	854.2
	Segment operating income:
	Supply Technologies	$	9.3		$	8.7		$	28		$	30.3
	Assembly Components	7.6			6.1			25.2			14.4
	Engineered Products	12.7			14.2			35.4			42.7
	Total segment operating income	29.6			29			88.6			87.4
	Corporate costs	(6.0		)	(5.2		)	(16.8		)	(15.1		)
	Litigation judgment and settlement costs	(5.2		)	—			(5.2		)	(13.0		)
	Gain on acquisition of business	0.6			—			0.6			—
	Interest expense	(6.6		)	(6.5		)	(19.7		)	(19.8		)
	Income from continuing operations before income taxes	$	12.4		$	17.3		$	47.5		$	39.5
	-1	Adjusted to reflect the discontinued operations.
		30-Sep-13			31-Dec-12
	Identifiable assets:
	Supply Technologies	$	209.6		$	207
	Assembly Components	281.1			230
	Engineered Products	190			199.4
	General corporate	109.6			90.2
		$	790.3		$	726.6

Discontinued_Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Discontinued Operations	'
	Discontinued Operations
	On September 3, 2013, the Company sold all of the outstanding equity interests of a non-core business unit in the Supply Technologies segment, for $8.5 million in cash. This business unit is a provider of high-quality machine to machine information technology solutions, products and services. As a result of the sale, this business unit has been removed from the Supply Technologies segment and presented as a discontinued operation for all of the periods presented. Additionally, the assets and liabilities of the business unit are classified as held for sale under the caption other current assets and accrued expenses and other, respectively, in the Company's consolidated balance sheets as of December 31, 2012. The financial position of the discontinued operation was not significant. Select financial information included in discontinued operations were as follows:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Net sales	$	1		$	1.3		$	5.2		$	4.1
	Loss from discontinued operations before tax	(0.5		)	(1.1		)	(1.3		)	(3.2		)
	Income tax benefit from operations	0.2			0.4			0.5			1.3
	Net loss from discontinued operations	(0.3		)	(0.7		)	(0.8		)	(1.9		)
	Gain on sale of business before tax	5.4			—			5.4			—
	Income tax expense from gain on sale of business	(1.4		)	—			(1.4		)	—
	Net gain on sale of business	4			—			4			—
	Income (loss) from discontinued operations, net of taxes	$	3.7		$	(0.7	)	$	3.2		$	(1.9	)

Inventories

Inventories	9 Months Ended
	Sep. 30, 2013
Inventory Disclosure [Abstract]	'
Inventories	'
	Inventories
	The components of inventory consist of the following:
		September 30, 2013		December 31, 2012
	Finished goods	$	109.6	$	113
	Work in process	29.3		27.9
	Raw materials and supplies	78.6		74.7
	Inventories, net	$	217.5	$	215.6

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Stock-Based Compensation	'
	Stock-Based Compensation
	Total stock-based compensation expense recorded in the first nine months of 2013 and 2012 was $3.6 million and $2.1 million, respectively. Total stock-based compensation expense recorded in the third quarter of 2013 and 2012 was $1.2 million and $0.9 million, respectively. There were no stock option awards granted during the first nine months of 2013 and 2012. There was an insignificant number of shares of restricted stock awarded during the three months ended September 30, 2013 at a price of $34.53 per share. There were 0.1 million shares of restricted stock awarded during the nine months ended September 30, 2013 at prices ranging from $20.34 to $35.70 per share. There were 0.3 million shares of restricted stock awarded during the nine months ended September 30, 2012 at prices ranging from $18.82 to $21.59 per share. There were 0.2 million shares of restricted stock awarded during the three months ended September 30, 2012 at prices ranging from of $19.38 to $19.45 per share. There were no performance-based stock awards during the three and nine months ended September 30, 2013. There were no performance-based stock awards granted during the three months ended September 30, 2012, and 0.1 million shares of performance-based stock awards during the nine months ended September 30, 2012. As of September 30, 2013, there was $6.3 million of unrecognized compensation cost related to non-vested stock-based compensation, which cost is expected to be recognized over a weighted average period of 1.8 years.

Pension_Plans_and_Other_Postre

Pension Plans and Other Postretirement Benefits	9 Months Ended
	Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
Pension Plans and Other Postretirement Benefits	'
	Pension Plans and Other Postretirement Benefits
	The components of net periodic benefit (gains) costs recognized during interim periods were as follows:
		Pension Benefits												Postretirement Benefits
		Three Months Ended September 30,						Nine Months Ended September 30,						Three Months Ended September 30,				Nine Months Ended September 30,
		2013			2012			2013			2012			2013		2012		2013		2012
	Service costs	$	0.7		$	0.5		$	2		$	1.6		$	—	$	—	$	—	$	—
	Interest costs	0.5			0.6			1.5			1.7			0.2		0.2		0.5		0.6
	Expected return on plan assets	(2.2		)	(2.0		)	(6.6		)	(6.1		)	—		—		—		—
	Recognized net actuarial loss	0.2			0.2			0.5			0.7			0.2		0.1		0.6		0.5
	Net periodic benefit (gains) costs	$	(0.8	)	$	(0.7	)	$	(2.6	)	$	(2.1	)	$	0.4	$	0.3	$	1.1	$	1.1

Comprehensive_Income_Loss

Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2013
Equity [Abstract]	'
Comprehensive Income (Loss)	'
	Comprehensive Income (Loss)
	The components of and changes in accumulated comprehensive income (loss) for the three and nine months ended September 30, 2013 and 2012 were as follows:
		Three Months Ended September 30, 2013								Nine Months Ended September 30, 2013
		Cumulative Translation Adjustment		Pension and Postretirement Benefits			Total			Cumulative Translation Adjustment			Pension and Postretirement Benefits			Total
	Beginning balance	$	2.5	$	(11.8	)	$	(9.3	)	$	5.4		$	(12.2	)	$	(6.8	)
	Foreign currency translation adjustments (a)	1.2		—			1.2			(1.7		)	—			(1.7		)
	Recognition of actuarial loss (b)	—		0.4			0.4			—			1.1			1.1
	Tax adjustment (c)	—		(0.1		)	(0.1		)	—			(0.4		)	(0.4		)
	Recognition of actuarial loss, net	—		0.3			0.3			—			0.7			0.7
	Ending balance	$	3.7	$	(11.5	)	$	(7.8	)	$	3.7		$	(11.5	)	$	(7.8	)
		Three Months Ended September 30, 2012								Nine Months Ended September 30, 2012
		Cumulative Translation Adjustment		Pension and Postretirement Benefits			Total			Cumulative Translation Adjustment			Pension and Postretirement Benefits			Total
	Beginning balance	$	3.2	$	(12.5	)	$	(9.3	)	$	4.8		$	(13.2	)	$	(8.4	)
	Foreign currency translation adjustments (a)	2.5		—			2.5			0.9			—			0.9
	Recognition of actuarial loss (b)	—		0.5			0.5			—			1.2			1.2
	Tax adjustment (c)	—		—			—			—			—			—
	Recognition of actuarial loss, net	—		0.5			0.5			—			1.2			1.2
	Ending balance	$	5.7	$	(12.0	)	$	(6.3	)	$	5.7		$	(12.0	)	$	(6.3	)
	(a)	No income taxes are provided on foreign currency translation adjustments as foreign earnings are considered permanently invested.
	(b)	The recognition of actuarial losses are reclassified out of accumulated other comprehensive income and included in the computation of net periodic benefit cost in selling, general and administrative expenses.
	(c)	The tax adjustments are reclassified out of accumulated other comprehensive income and included in income tax expenses.

Accrued_Warranty_Costs

Accrued Warranty Costs	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Accrued Warranty Costs	'
	Accrued Warranty Costs
	The Company estimates the amount of warranty claims on sold products that may be incurred based on current and historical data. The actual warranty expense could differ from the estimates made by the Company based on product performance. The following table presents the changes in the Company’s product warranty liability:
		2013			2012
	Balance at January 1,	$	6.9		$	4.2
	Claims paid during the year	(3.4		)	(1.5		)
	Warranty expense	4.6			1.8
	Acquired warranty liabilities	—			3.3
	Balance at September 30,	$	8.1		$	7.8

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The Company’s tax provision for interim periods is determined using an estimate of its annual effective income tax rate, adjusted for discrete items, if any, that are taken into account in the relevant period. Each quarter, the Company updates the estimated annual effective income tax rate, and if the estimated income tax rate changes, a cumulative adjustment is made.
	The effective tax rate for the first nine months of 2013 and 2012 was 33.7% and 34.2%, respectively. As of September 30, 2013, there have been no material changes to the balance of unrecognized tax benefits reported at December 31, 2012.

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	Fair Value Measurements
	The Company measures financial assets and liabilities at fair value in three levels of inputs. The three-tier fair value hierarchy, which prioritizes the inputs used in the valuation methodologies, is:
	Level 1 — Valuations based on quoted prices for identical assets and liabilities in active markets.
	Level 2 — Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data.
	Level 3 — Valuations based on unobservable inputs reflecting our own assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgment.
	The following table represents fair value information of the Company's 8.125% Senior Notes due 2021, classified as Level 1, at September 30, 2013 and December 31, 2012. The fair value was estimated quoted market prices.
		30-Sep-13		31-Dec-12
	Carrying amount	$	250	$	250
	Fair value	$	272.5	$	266.3
	The Company has not changed its valuation techniques for measuring fair value during 2013 and there were no transfers between levels during the periods presented.
	The carrying value of cash and cash equivalents, accounts receivable, accounts payable and borrowings under the Credit Agreement (as defined below) approximate fair value at September 30, 2013 and December 31, 2012.

Financing_Arrangements

Financing Arrangements	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Financing Arrangements	'
	Financing Arrangements
	The Company is a party to a credit and security agreement, dated November 5, 2003, as amended (the “Credit Agreement”), with a group of banks, under which it may borrow or issue standby letters of credit or commercial letters of credit. On March 23, 2012, the Credit Agreement was amended and restated to, among other things, increase the revolving loan commitment from $200.0 million to $220.0 million, and provide a term loan for $25.0 million that is secured by certain real estate and machinery and equipment. Amounts borrowed under the revolving credit facility may be borrowed at either (i) LIBOR plus 1.75% to 2.75% or (ii) the bank’s prime lending rate minus 0.25% to 1.00%, at the Company’s election. The LIBOR-based interest rate is dependent on the Company’s debt service coverage ratio, as defined in the Credit Agreement. Under the Credit Agreement, a detailed borrowing base formula provides borrowing availability to the Company based on percentages of eligible accounts receivable and inventory. On April 3, 2013, the Credit Agreement was amended to increase the advance rate on eligible accounts receivable and inventory. The interest rate on the revolving credit facility was 2.0% at September 30, 2013. Interest on the term loan is at either (i) LIBOR plus 2.75% or (ii) the bank’s prime lending rate plus 0.25%, at the Company’s election. The term loan is amortized based on a seven-year schedule with the balance due at maturity (April 7, 2016). The interest rate on the term loan was 3.06% at September 30, 2013.
	Long-term debt consists of the following:
		September 30, 2013		December 31, 2012
	8.125% Senior Notes due 2021	$	250	$	250
	Revolving credit	114.4		101.9
	Term loan	19.6		22.3
	Other	4.1		4.4
	Total debt	388.1		378.6
	Less current maturities	4.8		4.4
	Total long-term debt, net of current portion	$	383.3	$	374.2

Accounts_Receivable

Accounts Receivable	9 Months Ended
	Sep. 30, 2013
Receivables [Abstract]	'
Accounts Receivable	'
	Accounts Receivable
	During the first nine months of 2013 and 2012, the Company sold approximately $54.6 million and $62.4 million, respectively, of accounts receivable to mitigate accounts receivable concentration risk and to provide additional financing capacity and recorded a loss in the amount of $0.3 million and $0.3 million, respectively, in the condensed consolidated statements of income. These losses represented implicit interest on the transactions.

Acquisitions_and_Disposition

Acquisitions and Disposition	9 Months Ended
	Sep. 30, 2013
Business Combinations [Abstract]	'
Acquisitions and Disposition	'
	Acquisitions and Disposition
	During August 2013, the Company entered into an agreement to purchase certain assets and liabilities of a small business, which resulted in a pre-tax gain of $0.6 million during the third quarter of 2013. The small business is engaged in the business of designing, manufacturing, selling, distributing and installing various tube bending machines and related tooling, spare and replacement parts and ancillary services for commercial applications. The small business is included in our Engineered Products segment from the date of acquisition. The purchase price was not significant to the results of operations, financial condition or liquidity.
	Effective August 1, 2013, the Company entered into an agreement to sell 25% of its Southwest Steel Processing LLC, ("SSP") business to Arkansas Steel Associates, LLC for $5.0 million in cash. SSP is included in our Engineered Products segment. This transaction facilitates the Company's capacity expansion in one of its growing product lines.
	Effective April 26, 2013, the Company acquired certain assets and assumed specific liabilities relating to Bates Rubber (“Bates”) for a total purchase price of $20.8 million in cash. The acquisition was funded from borrowings under the revolving credit facility provided by the Credit Agreement. Bates is a leading manufacturer of extruded, formed and molded products and assemblies for the transportation and industrial markets. Bates’ production facilities are located in Tennessee. The financial results of Bates are included in the Company’s Assembly Components segment and had insignificant revenues and net income from the date acquired through September 30, 2013. The acquisition was accounted for under the acquisition method of accounting.
	On March 23, 2012, the Company completed the acquisition of Fluid Routing Solutions Holding Corp. ("FRS"), a leading manufacturer of automotive and industrial rubber and thermoplastic hose products and fuel filler and hydraulic fluid assemblies, in an all cash transaction valued at $98.8 million. FRS products include fuel filler, hydraulic, and thermoplastic assemblies and several forms of manufactured rubber and thermoplastic hose, including bulk and formed fuel, power steering, transmission oil cooling, hydraulic and thermoplastic hose. FRS sells to automotive and industrial customers throughout North America, Europe and Asia. FRS has five production facilities located in Florida, Michigan, Ohio, Tennessee and the Czech Republic. FRS is included in the Company’s Assembly Components segment and had revenues of $107.5 million and net income of $7.4 million for the period from the date acquired through September 30, 2012. The Company funded the acquisition with cash of $40.0 million, a $25.0 million seven-year amortizing term loan provided by the Credit Agreement and secured by certain real estate and machinery and equipment of the Company and $33.8 million of borrowings under the revolving credit facility provided by the Credit Agreement. The acquisition was accounted for under the acquisition method of accounting. Under the acquisition method of accounting, the total purchase price is allocated to FRS’ net tangible assets and intangible assets acquired and liabilities assumed based on their estimated fair values as of March 23, 2012, the effective date of the acquisition. Based on management’s valuation of the fair value of tangible and intangible assets acquired and liabilities assumed, which are based on estimates and assumptions, the final purchase price is allocated as follows:
	Cash and cash equivalents	$	2.8
	Accounts receivable	30.9
	Inventories	12.4
	Prepaid expenses and other current assets	2.7
	Property, plant and equipment	30.2
	Customer relationships	29.4
	Trademarks and trade name	11.5
	Other assets	0.2
	Accounts payable	(17.8		)
	Accrued expenses	(15.6		)
	Deferred tax liability	(26.4		)
	Other long-term liabilities	(0.8		)
	Goodwill	39.3
	Total purchase price	$	98.8
	The following unaudited pro forma information is provided to present a summary of the combined results of the Company’s operations with FRS as if the acquisition had occurred on January 1, 2011. The unaudited pro forma financial information is for informational purposes only and is not necessarily indicative of what the results would have been had the acquisition been completed at the date indicated above.
		Three Months Ended			Nine Months Ended
		September 30, 2012			September 30, 2012
	Pro forma revenues	$	286.5		$	909.2
	Pro forma net income	$	10.7		$	20.5

Commitments_Contingencies_and_

Commitments, Contingencies and Litigation Judgment	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments, Contingencies and Litigation Judgment	'
	Commitments, Contingencies and Litigation Judgment
	The Company is subject to various pending and threatened legal proceedings arising in the ordinary course of business. Although the Company cannot precisely predict the amount of any liability that may ultimately arise with respect to any of these matters, the Company records provisions when it considers the liability probable and reasonably estimable. Our provisions are based on historical experience and legal advice, reviewed quarterly and adjusted according to developments. Estimating probable losses requires the analysis of multiple forecasted factors that often depend on judgments about potential actions by third parties, such as regulators, courts, and state and federal legislatures. Changes in the amounts of our loss provisions, which can be material, affect our financial condition. Due to the inherent uncertainties in the process undertaken to estimate potential losses, we are unable to estimate an additional range of loss in excess of our accruals. While it is reasonably possible that such excess liabilities, if they were to occur, could be material to operating results in any given quarter or year of their recognition, we do not believe that it is reasonably possible that such excess liabilities would have a material adverse effect on our long-term results of operations, liquidity or consolidated financial position.
	Our subsidiaries are involved in a number of contractual and warranty related disputes. At this time, we cannot reasonably determine the probability of a loss, and the timing and amount of loss, if any, cannot be reasonably estimated. We believe that appropriate liabilities for these contingencies have been recorded; however, actual results may differ materially from our estimates.
	Ajax Tocco Magnethermic Corporation (“ATM”) was the defendant in a lawsuit in the United States District Court for the Eastern District of Arkansas. The plaintiff is IPSCO Tubulars Inc. d/b/a TMK IPSCO. The complaint alleged claims for breach of contract, gross negligence and constructive fraud, and TMK IPSCO sought approximately $6.0 million in direct and $4.0 million in consequential damages as well as an unspecified amount of punitive damages. ATM denied the allegations against it, believes it has a number of meritorious defenses and vigorously defended the lawsuit. A motion for partial summary judgment filed by ATM that, among other things, denied the plaintiff's fraud claims was granted by the district court. The remaining claims were the subject of a bench trial in May 2013. At the close of TMK IPSCO's case, the court entered partial judgment in favor of ATM, dismissing the gross negligence claim, dismissing a portion of the breach of contract claim, and dismissing any claim for punitive damages. The trial proceeded with respect to the remainder of TMK IPSCO's claim for damages and, in September 2013, the district court awarded TMK IPSCO damages of approximately $5.2 million. ATM is appealing the court’s decision. TMK IPSCO is also appealing the decision and, additionally, it has asked the court for $3.8 million in attorney's fees.
	In August 2013, the Company received a subpoena from the staff of the SEC in connection with the staff’s investigation of a third party. At that time, the Company also learned that the Department of Justice (DOJ) is conducting a criminal investigation of the third party. In connection with responding to the staff’s subpoena, the Company disclosed to the staff of the SEC that, in November 2007, the third party participated in a payment on behalf of the Company to a foreign tax official that implicates the Foreign Corrupt Practices Act (FCPA).
	The Board of Directors of the Company has formed a special committee to review the Company’s transactions with the third party and to make any recommendations to the Board of Directors with respect thereto.
	The Company intends to cooperate fully with the SEC and the DOJ in connection with their investigations of the third party and with the SEC in light of the Company’s disclosure. The Company is unable to predict the outcome or impact of the special committee’s investigation or the length, scope or results of the SEC’s review or the impact, if any, on its results of operations.

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill	'
	Goodwill
	The changes in the carrying amount of goodwill by reportable segment for the periods ended September 30, 2013 and December 31, 2012 were as follows:
		Supply Technologies		Assembly Components		Engineered Products		Total
	Balance at January 1, 2012	$	—	$	4.6	$	4.9	$	9.5
	Acquisitions	—		40.2		—		40.2
	Balance at December 31, 2012	—		44.8		4.9		49.7
	Acquisition	—		4.2		—		4.2
	Balance at September 30, 2013	$	—	$	49	$	4.9	$	53.9
	The increase in goodwill from December 31, 2012 is due to the acquisition of Bates in the second quarter of 2013. The goodwill associated with this transaction is deductible for income tax purposes.

Other_Intangible_Assets

Other Intangible Assets	9 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Other Intangible Assets	'
	Other Intangible Assets
	Information regarding other intangible assets as of September 30, 2013 and December 31, 2012 follows:
		September 30, 2013						December 31, 2012
		Acquisition		Accumulated		Net		Acquisition		Accumulated		Net
		Costs		Amortization				Costs		Amortization
	Non-contractual customer relationships	$	47.3	$	8	$	39.3	$	41.7	$	5.7	$	36
	Other	3.7		1.6		2.1		3.4		1.3		2.1
		$	51	$	9.6	$	41.4	$	45.1	$	7	$	38.1
	Indefinite-lived tradenames					11.5						11.5
	Total					$	52.9					$	49.6
	Amortization expense for the nine months ended September 30, 2013 and 2012 was $2.2 million and $1.9 million, respectively. The weighted-average amortization period for the acquired intangible assets was 13.1 years for non-contractual customer relationships and 10.3 years for other intangible assets.

WeightedAverage_Number_of_Shar

Weighted-Average Number of Shares Used in Computing Earnings Per Share	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Weighted-Average Number of Shares Used in Computing Earnings Per Share	'
	Weighted-Average Number of Shares Used in Computing Earnings Per Share
	The following table sets forth the weighted-average number of shares used in the computation of earnings per share:
		Three Months Ended September 30,		Nine Months Ended September 30,
		2013	2012	2013	2012
		(In whole shares)
	Weighted average basic shares outstanding	12,002,344	12,002,653	11,913,765	11,906,589
	Plus dilutive impact of employee stock options	264,697	172,777	296,464	202,674
	Weighted average diluted shares outstanding	12,267,041	12,175,430	12,210,229	12,109,263
	Earnings from continuing operations per common share is computed as net income from continuing operations less net income attributable to noncontrolling interests divided by the weighted average basic shares outstanding. Diluted continuing operations earnings per common share is computed as net income from continuing operations less net income attributable to noncontrolling interests divided by the weighted average diluted shares outstanding.
	Earnings (loss) from discontinued operations per common share is computed as income (loss) from discontinued operations, net of taxes divided by the weighted average basic shares outstanding. Diluted earnings (loss) from discontinued operations per common share is computed as income (loss) from discontinued operations, net of taxes divided by the weighted average diluted shares outstanding.
	Total basic earnings per common share is computed as net income attributable to Park-Ohio common shareholders divided by the weighted average basic shares outstanding. Total diluted earnings per common share is computed as net income attributable to Park-Ohio common shareholders divided by the weighted average diluted shares outstanding.
	Outstanding stock options with exercise prices greater than the average price of the common shares are anti-dilutive and are not included in the computation of diluted earnings per share. For the three and nine months ended September 30, 2013 and 2012, the anti-dilutive shares were insignificant.

Shares_Outstanding

Shares Outstanding	9 Months Ended
	Sep. 30, 2013
Equity [Abstract]	'
Shares Outstanding	'
	Shares Outstanding
	The changes in capital stock shares and treasury stock shares for the period ended September 30, 2013 were as follows:
		Common Shares		Treasury Shares
		(In whole shares)
	Balance at December 31, 2012	14,109,255		1,872,265
	Common stock award	14,000		—
	Exercise of stock options	37,834		—
	Restricted stock awards	142,400		—
	Restricted stock canceled	(4,000	)	—
	Purchase of treasury stock	—		58,980
	Balance at September 30, 2013	14,299,489		1,931,245

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	Subsequent Events
	In November 2013, the Company acquired all the outstanding capital stock of QEF Global Limited ("QEF"). QEF is a provider of supply chain management solutions with four locations throughout Ireland, Scotland and England. QEF's sales for the year ended December 31, 2012 totaled approximately $14.0 million.
	In October 2013, the Company acquired all of the outstanding capital stock of Henry Halstead Ltd. (“Henry Halstead”). Henry Halstead is a provider of supply chain management solutions throughout the United Kingdom and Ireland. For its fiscal year ended March 31, 2013, Henry Halstead generated net sales of approximately $24.0 million.
	The Company paid $22.5 million in the aggregate for QEF and Henry Halstead, which are subject to insignificant deferred and contingent purchase price consideration, respectively. QEF and Henry Halstead are included in our Supply Technologies segment from their respective dates of acquisition.

New_Accounting_Pronouncements_

New Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2013
Accounting Changes and Error Corrections [Abstract]	'
Accounting Pronouncements Adopted	'
	Accounting Pronouncements Adopted
	In February 2013, the FASB issued ASU 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income,” which requires entities to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, entities are required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income, entities are required to cross-reference to other disclosures required under U.S. GAAP that provide additional detail on these amounts. This ASU is effective prospectively for reporting periods beginning after December 15, 2012. The updated standard affects the Company’s disclosures but has no impact on its results of operations, financial condition or liquidity.

Segments_Tables

Segments (Tables)	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Results by business segment	'
	Results by business segment were as follows:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
					Adjusted (1)						Adjusted (1)
		2013			2012			2013			2012
	Net sales:
	Supply Technologies	$	115.9		$	116.1		$	349.2		$	377.4
	Assembly Components	106.1			84.5			303.9			220.5
	Engineered Products	81.5			84.6			240.7			256.3
		$	303.5		$	285.2		$	893.8		$	854.2
	Segment operating income:
	Supply Technologies	$	9.3		$	8.7		$	28		$	30.3
	Assembly Components	7.6			6.1			25.2			14.4
	Engineered Products	12.7			14.2			35.4			42.7
	Total segment operating income	29.6			29			88.6			87.4
	Corporate costs	(6.0		)	(5.2		)	(16.8		)	(15.1		)
	Litigation judgment and settlement costs	(5.2		)	—			(5.2		)	(13.0		)
	Gain on acquisition of business	0.6			—			0.6			—
	Interest expense	(6.6		)	(6.5		)	(19.7		)	(19.8		)
	Income from continuing operations before income taxes	$	12.4		$	17.3		$	47.5		$	39.5
	-1	Adjusted to reflect the discontinued operations.
		30-Sep-13			31-Dec-12
	Identifiable assets:
	Supply Technologies	$	209.6		$	207
	Assembly Components	281.1			230
	Engineered Products	190			199.4
	General corporate	109.6			90.2
		$	790.3		$	726.6

Discontinued_Operations_Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule of Select Financial Information Included in Discontinued Operations	'
	Select financial information included in discontinued operations were as follows:
		Three Months Ended						Nine Months Ended
		September 30,						September 30,
		2013			2012			2013			2012
	Net sales	$	1		$	1.3		$	5.2		$	4.1
	Loss from discontinued operations before tax	(0.5		)	(1.1		)	(1.3		)	(3.2		)
	Income tax benefit from operations	0.2			0.4			0.5			1.3
	Net loss from discontinued operations	(0.3		)	(0.7		)	(0.8		)	(1.9		)
	Gain on sale of business before tax	5.4			—			5.4			—
	Income tax expense from gain on sale of business	(1.4		)	—			(1.4		)	—
	Net gain on sale of business	4			—			4			—
	Income (loss) from discontinued operations, net of taxes	$	3.7		$	(0.7	)	$	3.2		$	(1.9	)

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 30, 2013
Inventory Disclosure [Abstract]	'
Components of inventory	'
	The components of inventory consist of the following:
		September 30, 2013		December 31, 2012
	Finished goods	$	109.6	$	113
	Work in process	29.3		27.9
	Raw materials and supplies	78.6		74.7
	Inventories, net	$	217.5	$	215.6

Pension_Plans_and_Other_Postre1

Pension Plans and Other Postretirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2013
Compensation and Retirement Disclosure [Abstract]	'
Components of net periodic benefit cost	'
	The components of net periodic benefit (gains) costs recognized during interim periods were as follows:
		Pension Benefits												Postretirement Benefits
		Three Months Ended September 30,						Nine Months Ended September 30,						Three Months Ended September 30,				Nine Months Ended September 30,
		2013			2012			2013			2012			2013		2012		2013		2012
	Service costs	$	0.7		$	0.5		$	2		$	1.6		$	—	$	—	$	—	$	—
	Interest costs	0.5			0.6			1.5			1.7			0.2		0.2		0.5		0.6
	Expected return on plan assets	(2.2		)	(2.0		)	(6.6		)	(6.1		)	—		—		—		—
	Recognized net actuarial loss	0.2			0.2			0.5			0.7			0.2		0.1		0.6		0.5
	Net periodic benefit (gains) costs	$	(0.8	)	$	(0.7	)	$	(2.6	)	$	(2.1	)	$	0.4	$	0.3	$	1.1	$	1.1

Comprehensive_Income_Loss_Tabl

Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2013
Equity [Abstract]	'
Changes in accumulated comprehensive income (loss)	'
	The components of and changes in accumulated comprehensive income (loss) for the three and nine months ended September 30, 2013 and 2012 were as follows:
		Three Months Ended September 30, 2013								Nine Months Ended September 30, 2013
		Cumulative Translation Adjustment		Pension and Postretirement Benefits			Total			Cumulative Translation Adjustment			Pension and Postretirement Benefits			Total
	Beginning balance	$	2.5	$	(11.8	)	$	(9.3	)	$	5.4		$	(12.2	)	$	(6.8	)
	Foreign currency translation adjustments (a)	1.2		—			1.2			(1.7		)	—			(1.7		)
	Recognition of actuarial loss (b)	—		0.4			0.4			—			1.1			1.1
	Tax adjustment (c)	—		(0.1		)	(0.1		)	—			(0.4		)	(0.4		)
	Recognition of actuarial loss, net	—		0.3			0.3			—			0.7			0.7
	Ending balance	$	3.7	$	(11.5	)	$	(7.8	)	$	3.7		$	(11.5	)	$	(7.8	)
		Three Months Ended September 30, 2012								Nine Months Ended September 30, 2012
		Cumulative Translation Adjustment		Pension and Postretirement Benefits			Total			Cumulative Translation Adjustment			Pension and Postretirement Benefits			Total
	Beginning balance	$	3.2	$	(12.5	)	$	(9.3	)	$	4.8		$	(13.2	)	$	(8.4	)
	Foreign currency translation adjustments (a)	2.5		—			2.5			0.9			—			0.9
	Recognition of actuarial loss (b)	—		0.5			0.5			—			1.2			1.2
	Tax adjustment (c)	—		—			—			—			—			—
	Recognition of actuarial loss, net	—		0.5			0.5			—			1.2			1.2
	Ending balance	$	5.7	$	(12.0	)	$	(6.3	)	$	5.7		$	(12.0	)	$	(6.3	)
	(a)	No income taxes are provided on foreign currency translation adjustments as foreign earnings are considered permanently invested.
	(b)	The recognition of actuarial losses are reclassified out of accumulated other comprehensive income and included in the computation of net periodic benefit cost in selling, general and administrative expenses.
	(c)	The tax adjustments are reclassified out of accumulated other comprehensive income and included in income tax expenses.

Accrued_Warranty_Costs_Tables

Accrued Warranty Costs (Tables)	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Changes in product warranty liability	'
	The following table presents the changes in the Company’s product warranty liability:
		2013			2012
	Balance at January 1,	$	6.9		$	4.2
	Claims paid during the year	(3.4		)	(1.5		)
	Warranty expense	4.6			1.8
	Acquired warranty liabilities	—			3.3
	Balance at September 30,	$	8.1		$	7.8

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables) (Tables)	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value, by Balance Sheet Grouping [Table Text Block]	'
	The following table represents fair value information of the Company's 8.125% Senior Notes due 2021, classified as Level 1, at September 30, 2013 and December 31, 2012. The fair value was estimated quoted market prices.
		30-Sep-13		31-Dec-12
	Carrying amount	$	250	$	250
	Fair value	$	272.5	$	266.3

Financing_Arrangements_Tables

Financing Arrangements (Tables)	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Schedule of Long-term debt	'
	Long-term debt consists of the following:
		September 30, 2013		December 31, 2012
	8.125% Senior Notes due 2021	$	250	$	250
	Revolving credit	114.4		101.9
	Term loan	19.6		22.3
	Other	4.1		4.4
	Total debt	388.1		378.6
	Less current maturities	4.8		4.4
	Total long-term debt, net of current portion	$	383.3	$	374.2

Acquisitions_and_Disposition_T

Acquisitions and Disposition (Tables)	9 Months Ended
	Sep. 30, 2013
Business Combinations [Abstract]	'
Allocation of purchase price	'
	Based on management’s valuation of the fair value of tangible and intangible assets acquired and liabilities assumed, which are based on estimates and assumptions, the final purchase price is allocated as follows:
	Cash and cash equivalents	$	2.8
	Accounts receivable	30.9
	Inventories	12.4
	Prepaid expenses and other current assets	2.7
	Property, plant and equipment	30.2
	Customer relationships	29.4
	Trademarks and trade name	11.5
	Other assets	0.2
	Accounts payable	(17.8		)
	Accrued expenses	(15.6		)
	Deferred tax liability	(26.4		)
	Other long-term liabilities	(0.8		)
	Goodwill	39.3
	Total purchase price	$	98.8
Pro forma information	'
	The following unaudited pro forma information is provided to present a summary of the combined results of the Company’s operations with FRS as if the acquisition had occurred on January 1, 2011. The unaudited pro forma financial information is for informational purposes only and is not necessarily indicative of what the results would have been had the acquisition been completed at the date indicated above.
		Three Months Ended			Nine Months Ended
		September 30, 2012			September 30, 2012
	Pro forma revenues	$	286.5		$	909.2
	Pro forma net income	$	10.7		$	20.5

Goodwill_Tables

Goodwill (Tables)	9 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of goodwill	'
	The changes in the carrying amount of goodwill by reportable segment for the periods ended September 30, 2013 and December 31, 2012 were as follows:
		Supply Technologies		Assembly Components		Engineered Products		Total
	Balance at January 1, 2012	$	—	$	4.6	$	4.9	$	9.5
	Acquisitions	—		40.2		—		40.2
	Balance at December 31, 2012	—		44.8		4.9		49.7
	Acquisition	—		4.2		—		4.2
	Balance at September 30, 2013	$	—	$	49	$	4.9	$	53.9

Other_Intangible_Assets_Tables

Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of other intangible assets	'
	Information regarding other intangible assets as of September 30, 2013 and December 31, 2012 follows:
		September 30, 2013						December 31, 2012
		Acquisition		Accumulated		Net		Acquisition		Accumulated		Net
		Costs		Amortization				Costs		Amortization
	Non-contractual customer relationships	$	47.3	$	8	$	39.3	$	41.7	$	5.7	$	36
	Other	3.7		1.6		2.1		3.4		1.3		2.1
		$	51	$	9.6	$	41.4	$	45.1	$	7	$	38.1
	Indefinite-lived tradenames					11.5						11.5
	Total					$	52.9					$	49.6

WeightedAverage_Number_of_Shar1

Weighted-Average Number of Shares Used in Computing Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Schedule of Weighted Average Number of Shares Used in Computing Earnings Per Share	'
	The following table sets forth the weighted-average number of shares used in the computation of earnings per share:
		Three Months Ended September 30,		Nine Months Ended September 30,
		2013	2012	2013	2012
		(In whole shares)
	Weighted average basic shares outstanding	12,002,344	12,002,653	11,913,765	11,906,589
	Plus dilutive impact of employee stock options	264,697	172,777	296,464	202,674
	Weighted average diluted shares outstanding	12,267,041	12,175,430	12,210,229	12,109,263

Shares_Outstanding_Tables

Shares Outstanding (Tables)	9 Months Ended
	Sep. 30, 2013
Equity [Abstract]	'
Schedule of changes in capital stock shares and treasury stock shares	'
	The changes in capital stock shares and treasury stock shares for the period ended September 30, 2013 were as follows:
		Common Shares		Treasury Shares
		(In whole shares)
	Balance at December 31, 2012	14,109,255		1,872,265
	Common stock award	14,000		—
	Exercise of stock options	37,834		—
	Restricted stock awards	142,400		—
	Restricted stock canceled	(4,000	)	—
	Purchase of treasury stock	—		58,980
	Balance at September 30, 2013	14,299,489		1,931,245

Basis_of_Presentation_Details

Basis of Presentation (Details) (Supply Technologies [Member], Discontinued Operations [Member], Non-core Business Unit [Member], USD $)	0 Months Ended
In Millions, unless otherwise specified	Sep. 03, 2013
Supply Technologies [Member] | Discontinued Operations [Member] | Non-core Business Unit [Member]	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'
Proceeds from sale of non-core business unit	$8.50

Segments_Textual_Details

Segments (Textual) (Details)	9 Months Ended
	Sep. 30, 2013
	Segment
Segment Reporting [Abstract]	'
Number of reportable segments	3

Segments_Schedule_of_Segment_I

Segments (Schedule of Segment Information) (Details) (USD $)	3 Months Ended			9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012		Sep. 30, 2013	Sep. 30, 2012		Dec. 31, 2012
Net sales:	'	'		'	'		'
Net sales	$303.50	$285.20	[1]	$893.80	$854.20	[1]	'
Segment operating income:	'	'		'	'		'
Total segment operating income	18.4	23.8	[1]	66.6	59.3	[1]	'
Corporate costs	-6	-5.2	[1]	-16.8	-15.1	[1]	'
Litigation judgment and settlement costs	-5.2	0	[1]	-5.2	-13	[1]	'
Gain on acquisition of business	0.6	0	[1]	0.6	0	[1]	'
Interest expense	-6.6	-6.5	[1]	-19.7	-19.8	[1]	'
Income from continuing operations before income taxes	12.4	17.3	[1]	47.5	39.5	[1]	'
Identifiable assets:	'	'		'	'		'
Identifiable assets	790.3	'		790.3	'		726.6	[1]
Supply Technologies [Member]	'	'		'	'		'
Net sales:	'	'		'	'		'
Net sales	115.9	116.1	[1]	349.2	377.4	[1]	'
Segment operating income:	'	'		'	'		'
Total segment operating income	9.3	8.7	[1]	28	30.3	[1]	'
Identifiable assets:	'	'		'	'		'
Identifiable assets	209.6	'		209.6	'		207
Assembly Components [Member]	'	'		'	'		'
Net sales:	'	'		'	'		'
Net sales	106.1	84.5	[1]	303.9	220.5	[1]	'
Segment operating income:	'	'		'	'		'
Total segment operating income	7.6	6.1	[1]	25.2	14.4	[1]	'
Identifiable assets:	'	'		'	'		'
Identifiable assets	281.1	'		281.1	'		230
Engineered Products [Member]	'	'		'	'		'
Net sales:	'	'		'	'		'
Net sales	81.5	84.6	[1]	240.7	256.3	[1]	'
Segment operating income:	'	'		'	'		'
Total segment operating income	12.7	14.2	[1]	35.4	42.7	[1]	'
Identifiable assets:	'	'		'	'		'
Identifiable assets	190	'		190	'		199.4
General corporate [Member]	'	'		'	'		'
Identifiable assets:	'	'		'	'		'
Identifiable assets	109.6	'		109.6	'		90.2
Operating Segments [Member]	'	'		'	'		'
Segment operating income:	'	'		'	'		'
Total segment operating income	$29.60	$29	[1]	$88.60	$87.40	[1]	'
[1]	Adjusted to reflect the discontinued operations.

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	0 Months Ended	3 Months Ended			9 Months Ended
In Millions, unless otherwise specified	Sep. 03, 2013	Sep. 30, 2013	Sep. 30, 2012		Sep. 30, 2013	Sep. 30, 2012
Select financial information of discontinued operations:	'	'	'		'	'
Income (loss) from discontinued operations, net of taxes	'	$3.70	($0.70)	[1]	$3.20	($1.90)	[1]
Supply Technologies [Member] | Discontinued Operations [Member] | Non-core Business Unit [Member]	'	'	'		'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'		'	'
Proceeds from sale of non-core business unit	8.5	'	'		'	'
Select financial information of discontinued operations:	'	'	'		'	'
Net sales	'	1	1.3		5.2	4.1
Loss from discontinued operations before tax	'	-0.5	-1.1		-1.3	-3.2
Income tax benefit from operations	'	0.2	0.4		0.5	1.3
Net loss from discontinued operations	'	-0.3	-0.7		-0.8	-1.9
Gain on sale of business before tax	'	5.4	0		5.4	0
Income tax expense from gain on sale of business	'	-1.4	0		-1.4	0
Net gain on sale of business	'	4	0		4	0
Income (loss) from discontinued operations, net of taxes	'	$3.70	($0.70)		$3.20	($1.90)
[1]	Adjusted to reflect the discontinued operations.

Inventories_Components_of_Inve

Inventories (Components of Inventory) (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Components of inventory	'	'
Finished goods	$109.60	$113
Work in process	29.3	27.9
Raw materials and supplies	78.6	74.7
Inventories, net	$217.50	$215.60	[1]
[1]	Adjusted to reflect the discontinued operations.

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'
Stock-based compensation expense	$1.20	$0.90	$3.60	$2.10
Stock option awards granted	'	'	0	0
Unrecognized compensation cost related to non-vested stock-based compensation	$6.30	'	$6.30	'
Weighted average period	'	'	'1 year 9 months 21 days	'
Restricted Stock [Member]	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'
Restricted stock awards granted	'	200,000	100,000	300,000
Price per share of restricted stock award	$34.53	'	'	'
Restricted Stock [Member] | Minimum [Member]	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'
Price per share of restricted stock award	'	$19.38	$20.34	$18.82
Restricted Stock [Member] | Maximum [Member]	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'
Price per share of restricted stock award	'	$19.45	$35.70	$21.59
Performance Shares [Member]	'	'	'	'
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]	'	'	'	'
Performance-based stock awards granted	0	0	0	100,000

Pension_Plans_and_Other_Postre2

Pension Plans and Other Postretirement Benefits (Components of net periodic benefit) (Details) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Pension Benefits [Member]	'	'	'	'
Components of net periodic benefit cost	'	'	'	'
Service costs	$0.70	$0.50	$2	$1.60
Interest costs	0.5	0.6	1.5	1.7
Expected return on plan assets	-2.2	-2	-6.6	-6.1
Recognized net actuarial loss	0.2	0.2	0.5	0.7
Net periodic benefit (gains) costs	-0.8	-0.7	-2.6	-2.1
Postretirement Benefits [Member]	'	'	'	'
Components of net periodic benefit cost	'	'	'	'
Service costs	0	0	0	0
Interest costs	0.2	0.2	0.5	0.6
Expected return on plan assets	0	0	0	0
Recognized net actuarial loss	0.2	0.1	0.6	0.5
Net periodic benefit (gains) costs	$0.40	$0.30	$1.10	$1.10

Comprehensive_Income_Loss_Comp

Comprehensive Income (Loss) (Components of accumulated comprehensive loss) (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012		Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
In Millions, unless otherwise specified				Cumulative Translation Adjustment		Cumulative Translation Adjustment		Cumulative Translation Adjustment		Cumulative Translation Adjustment		Pension and Postretirement Benefits		Pension and Postretirement Benefits		Pension and Postretirement Benefits		Pension and Postretirement Benefits		Accumulated Other Comprehensive Loss		Accumulated Other Comprehensive Loss		Accumulated Other Comprehensive Loss		Accumulated Other Comprehensive Loss
Increase (Decrease) in Accumulated Other Comprehensive Income (Loss) [Roll Forward]	'	'		'		'		'		'		'		'		'		'		'		'		'		'
Beginning balance	($7.80)	($6.80)	[1]	$2.50		$3.20		$5.40		$4.80		($11.80)		($12.50)		($12.20)		($13.20)		($9.30)		($9.30)		($6.80)		($8.40)
Foreign currency translation adjustments	'	'		1.2	[2]	2.5	[2]	-1.7	[2]	0.9	[2]	0	[2]	0	[2]	0	[2]	0	[2]	1.2	[2]	2.5	[2]	-1.7	[2]	0.9	[2]
Recognition of actuarial loss	'	'		0	[3]	0	[3]	0	[3]	0	[3]	0.4	[3]	0.5	[3]	1.1	[3]	1.2	[3]	0.4	[3]	0.5	[3]	1.1	[3]	1.2	[3]
Tax adjustment	'	'		0	[4]	0	[4]	0	[4]	0	[4]	-0.1	[4]	0	[4]	-0.4	[4]	0	[4]	-0.1	[4]	0	[4]	-0.4	[4]	0	[4]
Recognition of actuarial loss, net	'	'		0		0		0		0		0.3		0.5		0.7		1.2		0.3		0.5		0.7		1.2
Beginning balance	($7.80)	($6.80)	[1]	$3.70		$5.70		$3.70		$5.70		($11.50)		($12)		($11.50)		($12)		($7.80)		($6.30)		($7.80)		($6.30)
[1]	Adjusted to reflect the discontinued operations.
[2]	No income taxes are provided on foreign currency translation adjustments as foreign earnings are considered permanently invested.
[3]	The recognition of actuarial losses are reclassified out of accumulated other comprehensive income and included in the computation of net periodic benefit cost in selling, general and administrative expenses.
[4]	The tax adjustments are reclassified out of accumulated other comprehensive income and included in income tax expenses.

Accrued_Warranty_Costs_Details

Accrued Warranty Costs (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Changes in product warranty liability	'	'
Balance at beginning of period	$6.90	$4.20
Claims paid during the year	-3.4	-1.5
Warranty expense	4.6	1.8
Acquired warranty liabilities	0	3.3
Balance at end of period	$8.10	$7.80

Income_Taxes_Details

Income Taxes (Details)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Income Taxes (Textual) [Abstract]	'	'
Effective tax rate	33.70%	34.20%

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Dec. 31, 2012
	8.125% senior notes due 2021 [Member]	Carrying amount	Carrying amount	Fair value	Fair value
		Level 1 [Member]	Level 1 [Member]	Level 1 [Member]	Level 1 [Member]
Debt Instrument [Line Items]	'	'	'	'	'
Long-term debt	'	$250	$250	$272.50	$266.30
Fair Value Measurements (Textual) [Abstract]	'	'	'	'	'
Senior notes, interest rate	8.13%	'	'	'	'
Debt Instrument Maturity Year	'2021	'	'	'	'

Financing_Arrangements_Schedul

Financing Arrangements - Schedule of Long-term Debt (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Components of Long-term debt	'	'
Long-term debt	$388.10	$378.60
Less current maturities	4.8	4.4	[1]
Total long-term debt, net of current portion	383.3	374.2
8.125% senior notes due 2021 [Member]	'	'
Debt Instrument [Line Items]	'	'
Senior notes, interest rate	8.13%	'
Components of Long-term debt	'	'
Long-term debt	250	250
Other [Member]	'	'
Components of Long-term debt	'	'
Long-term debt	4.1	4.4
Revolving credit facility [Member]	'	'
Components of Long-term debt	'	'
Long-term debt	114.4	101.9
Term Loan [Member]	'	'
Components of Long-term debt	'	'
Long-term debt	$19.60	$22.30
[1]	Adjusted to reflect the discontinued operations.

Financing_Arrangements_Details

Financing Arrangements (Details Textual) (USD $)	Sep. 30, 2013	Mar. 23, 2012	Mar. 22, 2012	Mar. 23, 2012	Sep. 30, 2013	Mar. 23, 2012	Mar. 23, 2012	Mar. 23, 2012	Mar. 23, 2012	Mar. 23, 2012	Mar. 23, 2012
	Revolving credit facility [Member]	Revolving credit facility [Member]	Revolving credit facility [Member]	Term Loan [Member]	Term Loan [Member]	LIBOR [Member]	LIBOR [Member]	LIBOR [Member]	Prime lending rate [Member]	Prime lending rate [Member]	Prime lending rate [Member]
						Revolving credit facility [Member]	Revolving credit facility [Member]	Term Loan [Member]	Revolving credit facility [Member]	Revolving credit facility [Member]	Term Loan [Member]
						Minimum [Member]	Maximum [Member]		Minimum [Member]	Maximum [Member]
Financing Arrangements (Textual) [Abstract]	'	'	'	'	'	'	'	'	'	'	'
Maximum borrowing capacity	'	$220,000,000	$200,000,000	$25,000,000	'	'	'	'	'	'	'
Basis spread on variable interest rate	'	'	'	'	'	1.75%	2.75%	2.75%	-0.25%	-1.00%	0.25%
Interest rate at end of period	2.00%	'	'	'	3.06%	'	'	'	'	'	'
Term loan, period	'	'	'	'7 years	'	'	'	'	'	'	'

Accounts_Receivable_Details

Accounts Receivable (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Accounts Receivable (Textual) [Abstract]	'	'
Accounts receivables sold	$54.60	$62.40
Loss on sale of accounts receivable	$0.30	$0.30

Acquisitions_and_Disposition_P

Acquisitions and Disposition - Purchase Price Allocation (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2011	Mar. 23, 2012
In Millions, unless otherwise specified				Fluid Routing Solutions Holding Corp [Member]
Allocation of purchase price	'	'	'	'
Cash and cash equivalents	'	'	'	$2.80
Accounts receivable	'	'	'	30.9
Inventories	'	'	'	12.4
Prepaid expenses and other current assets	'	'	'	2.7
Property, plant and equipment	'	'	'	30.2
Customer relationships	'	'	'	29.4
Trademarks and trade name	'	'	'	11.5
Other assets	'	'	'	0.2
Accounts payable	'	'	'	-17.8
Accrued expenses	'	'	'	-15.6
Deferred tax liability	'	'	'	-26.4
Other long-term liabilities	'	'	'	-0.8
Goodwill	53.9	49.7	9.5	39.3
Total purchase price	'	'	'	$98.80

Acquisitions_and_Disposition_P1

Acquisitions and Disposition - Pro Forma Information (Details) (USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2012	Sep. 30, 2012
Pro forma information of Acquisition	'	'
Pro forma revenues	$286.50	$909.20
Pro forma net income	$10.70	$20.50

Acquisitions_and_Disposition_T1

Acquisitions and Disposition - Textual (Details) (USD $)

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

In Millions, unless otherwise specified

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Apr. 26, 2013

Mar. 23, 2012

Sep. 30, 2012

Mar. 23, 2012

Mar. 23, 2012

Aug. 01, 2013

Bates Rubber [Member]

Fluid Routing Solutions Holding Corp [Member]

Fluid Routing Solutions Holding Corp [Member]

Fluid Routing Solutions Holding Corp [Member]

Fluid Routing Solutions Holding Corp [Member]

Southwest Steel Processing LLC [Member]

Facility

Term loan [Member]

Revolving credit facility [Member]

Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]

'

'

'

'

'

'

'

'

'

'

Gain on acquisition of business

$0.60

$0

[1]

$0.60

$0

[1]

'

'

'

'

'

'

Sale of noncontrolling interest, percentage

'

'

'

'

'

'

'

'

'

25.00%

Sale of noncontrolling interest, amount

'

'

'

'

'

'

'

'

'

5

Business acquisition, purchase price

'

'

21.6

96.6

20.8

98.8

'

'

'

'

Number of production facilities held by acquiree

'

'

'

'

'

5

'

'

'

'

Revenues attributable to acquisition

'

'

'

'

'

'

107.5

'

'

'

Net income attributable to acquisition

'

'

'

'

'

'

7.4

'

'

'

Funding of acquisition, cash

'

'

'

'

'

40

'

'

'

'

Funding of acquisition, liabilities incurred

'

'

'

'

'

'

'

$25

$33.80

'

Term loan, period

'

'

'

'

'

'

'

'7 years

'

'

[1]

Adjusted to reflect the discontinued operations.

Commitments_Contingencies_and_1

Commitments, Contingencies and Litigation Judgment (Details) (TMK IPSCO [Member], USD $)	1 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013
TMK IPSCO [Member]	'	'
Loss Contingencies [Line Items]	'	'
Direct damages sought	'	$6
Consequential damages sought	'	4
Damages awarded	5.2	'
Additional damages sought	$3.80	'

Goodwill_Change_in_Goodwill_De

Goodwill - Change in Goodwill (Details) (USD $)	9 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Goodwill [Roll Forward]	'	'
Goodwill, beginning of period	$49.70	$9.50
Acquisition	4.2	40.2
Goodwill, end of period	53.9	49.7
Supply Technologies [Member]	'	'
Goodwill [Roll Forward]	'	'
Goodwill, beginning of period	0	0
Acquisition	0	0
Goodwill, end of period	0	0
Assembly Components [Member]	'	'
Goodwill [Roll Forward]	'	'
Goodwill, beginning of period	44.8	4.6
Acquisition	4.2	40.2
Goodwill, end of period	49	44.8
Engineered Products [Member]	'	'
Goodwill [Roll Forward]	'	'
Goodwill, beginning of period	4.9	4.9
Acquisition	0	0
Goodwill, end of period	$4.90	$4.90

Other_Intangible_Assets_Textua

Other Intangible Assets - Textual (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Schedule of Indefinite and Finite Lived Intangible Assets [Line Items]	'	'
Amortization expense	$2.20	$1.90
Customer Relationships [Member]	'	'
Schedule of Indefinite and Finite Lived Intangible Assets [Line Items]	'	'
Weighted-average amortization period	'13 years 1 month 18 days	'
Other Intangible Assets [Member]	'	'
Schedule of Indefinite and Finite Lived Intangible Assets [Line Items]	'	'
Weighted-average amortization period	'10 years 3 months 18 days	'

Other_Intangible_Assets_Schedu

Other Intangible Assets - Schedule of Other Intangible Assets (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Details of other intangible assets	'	'
Acquisition Costs	$51	$45.10
Accumulated Amortization	9.6	7
Net	41.4	38.1
Total	52.9	49.6	[1]
Tradenames [Member]	'	'
Details of other intangible assets	'	'
Indefinite-lived tradenames	11.5	11.5
Non-contractual customer relationships [Member]	'	'
Details of other intangible assets	'	'
Acquisition Costs	47.3	41.7
Accumulated Amortization	8	5.7
Net	39.3	36
Other [Member]	'	'
Details of other intangible assets	'	'
Acquisition Costs	3.7	3.4
Accumulated Amortization	1.6	1.3
Net	$2.10	$2.10
[1]	Adjusted to reflect the discontinued operations.

WeightedAverage_Number_of_Shar2

Weighted-Average Number of Shares Used in Computing Earnings Per Share (Details)	3 Months Ended			9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012		Sep. 30, 2013	Sep. 30, 2012
Earnings Per Share [Abstract]	'	'		'	'
Weighted average basic shares outstanding	12,002,344	12,002,653	[1]	11,913,765	11,906,589	[1]
Plus dilutive impact of employee stock options	264,697	172,777		296,464	202,674
Weighted average diluted shares outstanding	12,267,041	12,175,430	[1]	12,210,229	12,109,263	[1]
[1]	Adjusted to reflect the discontinued operations.

Shares_Outstanding_Details

Shares Outstanding (Details)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2013
			Common Shares	Treasury Shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Common Shares, balance at December 31, 2012	14,299,489	14,109,255	14,109,255	'
Treasury Shares, balance at December 31, 2012	1,931,245	1,872,265	'	1,872,265
Common stock award	'	'	14,000	'
Exercise of stock options	'	'	37,834	'
Common stock award	'	'	142,400	'
Restricted stock canceled	'	'	-4,000	'
Purchase of treasury stock	'	'	'	58,980
Common Shares, balance at September 30, 2013	14,299,489	14,109,255	14,299,489	'
Treasury Shares, balance at September 30, 2013	1,931,245	1,872,265	'	1,931,245

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	12 Months Ended		0 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2012	Mar. 31, 2013	Nov. 01, 2013	Dec. 31, 2013
	QEF Global Limited [Member]	Henry Halstead Ltd [Member]	QEF Global Limited and Henry Halstead Ltd [Member]	QEF Global Limited [Member]
			Subsequent Event [Member]	Subsequent Event [Member]
				Facility
Subsequent Event [Line Items]	'	'	'	'
Number of production facilities held by acquiree	'	'	'	4
Funding of acquisition, cash	'	'	$22.50	'
Sales of acquiree	$14	$24	'	'