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Industry Segment (Tables)
3 Months Ended
Apr. 01, 2012
Industry Segments [Abstract]  
Industry segment disclosures for net sales and operating profit including other segment income
                         
    First
Quarter

2012
    First
Quarter
2011
    %
Change
 

Net sales:

                       

Instrumentation

  $ 160.6     $ 157.9       1.7

Digital Imaging

    94.2       66.2       42.3

Aerospace and Defense Electronics

    164.8       166.9       (1.3 )% 

Engineered Systems

    74.4       77.1       (3.5 )% 
   

 

 

   

 

 

         

Total net sales

  $ 494.0     $ 468.1       5.5
   

 

 

   

 

 

         

Operating profit and other segment income:

                       

Instrumentation

  $ 31.6     $ 32.0       (1.3 )% 

Digital Imaging

    4.3       3.9       10.3

Aerospace and Defense Electronics

    22.9       21.6       6.0

Engineered Systems

    6.2       6.6       (6.1 )% 
   

 

 

   

 

 

         

Segment operating profit and other segment income

    65.0       64.1       1.4

Corporate expense

    (9.5     (9.4     1.1

Other expense, net

    (0.4     (0.3     33.3

Interest expense, net

    (4.0     (4.4     (9.1 )% 
   

 

 

   

 

 

         

Income from continuing operations before income taxes

    51.1       50.0       2.2

Provision for income taxes

    15.5       17.5       (11.4 )% 
   

 

 

   

 

 

         

Net income

    35.6       32.5       9.5

Loss from discontinued operations

    —         (0.5     *  
   

 

 

   

 

 

         

Net income before noncontrolling interest

    35.6       32.0       11.3

Add back: Net loss attributable to noncontrolling interest

    0.1       —         *  
   

 

 

   

 

 

         

Net income attributable to Teledyne

  $ 35.7     $ 32.0       11.6
   

 

 

   

 

 

         

 

* percentage change not meaningful
Summary of the sales by product line
                 
    First Quarter  

Instrumentation

  2012     2011  

Environmental Instrumentation

  $ 64.6     $ 58.7  

Marine Instrumentation

    96.0       99.2  
   

 

 

   

 

 

 

Total

  $ 160.6     $ 157.9  
   

 

 

   

 

 

 
   
    First Quarter  

Engineered Systems

  2012     2011  

Engineered Products and Services

  $ 57.2     $ 65.7  

Turbine Engines

    6.9       4.4  

Energy Systems

    10.3       7.0  
   

 

 

   

 

 

 

Total

  $ 74.4     $ 77.1