Business Segments (Tables)

12 Months Ended

Jan. 03, 2016

Segment Reporting [Abstract]

Industry Segment Disclosures for Net Sales and Operating Profit Including Other Segment Income

Information on the Company’s business segments was as follows (in millions):

Sales:	2015			2014			2013
Instrumentation	$	1,051.1		$	1,115.5		$	1,022.8
Digital Imaging	379.0			403.6			414.8
Aerospace and Defense Electronics	593.4			603.0			625.1
Engineered Systems	274.6			271.9			275.9
Total net sales	$	2,298.1		$	2,394.0		$	2,338.6
Income before taxes:	2015			2014			2013
Instrumentation	$	171.0		$	181.6		$	162.0
Digital Imaging	40.0			37.1			28.2
Aerospace and Defense Electronics	84.8			88.3			65.7
Engineered Systems	26.1			31.4			22.0
Corporate expense	(40.2		)	(43.9		)	(37.6		)
Operating income	281.7			294.5			240.3
Interest and debt expense, net	(23.9		)	(19.0		)	(20.4		)
Other income, net	0.4			6.6			4.1
Income before taxes	$	258.2		$	282.1		$	224.0

Depreciation and amortization:	2015		2014		2013
Instrumentation	$	41.2	$	41.1	$	38.2
Digital Imaging	26.1		29.6		30.3
Aerospace and Defense Electronics	15.0		15.9		16.5
Engineered Systems	3.5		3.7		4.2
Corporate	4.5		4.0		1.9
Total depreciation and amortization	$	90.3	$	94.3	$	91.1

Capital expenditures:	2015		2014		2013
Instrumentation	$	20.9	$	17.0	$	22.0
Digital Imaging	9.2		10.3		20.2
Aerospace and Defense Electronics	9.1		8.8		15.3
Engineered Systems	5.7		4.3		3.6
Corporate	2.1		3.1		11.5
Total capital expenditures	$	47.0	$	43.5	$	72.6

Identifiable assets:	2015		2014		2013
Instrumentation	$	1,339.6	$	1,415.4	$	1,204.5
Digital Imaging	634.9		708.4		745.1
Aerospace and Defense Electronics	451.6		462.5		436.9
Engineered Systems	92.2		84.9		92.3
Corporate (a)	200.2		191.0		272.3
Total identifiable assets	$	2,718.5	$	2,862.2	$	2,751.1
(a) The amount for 2015, 2014 and 2013 includes $77.2 million, $86.3 million and $222.0 million prepaid pension asset, respectively.

Sales by Country of Origin and Long-Lived Assets by Major Geographic Area

Information on the Company’s sales by country of origin and long-lived assets by major geographic area was as follows (in millions):

Sales by country:	2015		2014		2013
United States	$	1,805.4	$	1,852.0	$	1,776.8
Canada	208.8		230.1		221.7
United Kingdom	124.6		139.8		174.2
All other countries	159.3		172.1		165.9
Total sales	$	2,298.1	$	2,394.0	$	2,338.6

Long-lived assets:	2015		2014		2013
United States	$	1,332.5	$	1,364.7	$	1,320.2
Canada	249.9		310.5		354.1
United Kingdom	127.3		120.6		131.5
All other countries	139.3		128.2		146.2
Total long-lived assets	$	1,849.0	$	1,924.0	$	1,952.0

Summary of Sales by Product Line

The tables below provide a summary of the sales by product line for the Instrumentation segment and the Engineered Systems segment (in millions):

Instrumentation:	2015		2014		2013
Environmental Instrumentation	$	268.7	$	268.4	$	248.6
Marine Instrumentation	614.0		654.8		580.4
Test and Measurement Instrumentation	168.4		192.3		193.8
Total	$	1,051.1	$	1,115.5	$	1,022.8
Engineered Systems:	2015		2014		2013
Engineered Products and Services	$	215.4	$	211.4	$	217.5
Turbine Engines	18.7		26.5		26.0
Energy Systems	40.5		34.0		32.4
Total	$	274.6	$	271.9	$	275.9