Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2012

Accounting Policies [Abstract]

Components of inventories

Inventories consisted of the following:

	September 30, 2012		December 31, 2011
Raw materials and parts	$	99,103	$	101,716
Work-in-progress	36,367		40,822
Finished goods	79,423		98,883
	$	214,893	$	241,421

Components of other intangible assets

Other intangible assets consisted of the following:

	September 30, 2012					December 31, 2011
	Gross Amount		Accumulated Amortization			Gross Amount		Accumulated Amortization
Customer relationships	$	96,488	$	(21,088	)	$	95,203	$	(18,735	)
Proven technology and patents	42,242		(27,395		)	41,643		(25,174		)
Tradename (finite life)	3,987		(1,192		)	3,995		(1,072		)
Tradename (indefinite life)	25,024		—			25,033		—
Other	742		(377		)	743		(226		)
	$	168,483	$	(50,052	)	$	166,617	$	(45,207	)

Changes to the Company's accrual for product warranties

Changes to the Company’s accrual for product warranties for the nine months ended September 30 are as follows:

	September 30, 2012			September 30, 2011
Balance at beginning of period	$	16,748		$	15,680
Accruals for warranties	12,324			12,164
Foreign currency translation	48			291
Payments / utilizations	(12,991		)	(11,399		)
Balance at end of period	$	16,129		$	16,736

Schedule of Comprehensive Income (Loss)

Comprehensive income (loss), net of tax consisted of the following for the nine months ended September 30:

	September 30, 2012			September 30, 2011
Currency translation adjustment, net of tax	$	7,001		$	15,659
Net unrealized gain (loss) on cash flow hedging arrangements, net of tax	(278		)	(2,295		)
Pension and post-retirement benefit related items, net of tax	6,108			3,032
Other comprehensive income (loss), net of tax	12,831			16,396
Net earnings	186,214			175,211
Comprehensive income (loss), net of tax	$	199,045		$	191,607