Segment Information

9 Months Ended

Mar. 30, 2014

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company operates two reportable business segments that are managed separately based on fundamental differences in their operations. Summarized segment data is as follows (in thousands):

	Three Months Ended						Nine Months Ended
	March 30, 2014			March 31, 2013			March 30, 2014			March 31, 2013
NET SALES:
Engines	$	452,359		$	451,921		$	901,858		$	890,631
Products	205,160			231,532			529,724			602,323
Inter-Segment Eliminations	(29,116		)	(46,194		)	(69,283		)	(107,609		)
Total *	$	628,403		$	637,259		$	1,362,299		$	1,385,345
* International sales included in net sales based on product shipment destination	$	159,989		$	166,722		$	451,985		$	453,335
GROSS PROFIT:
Engines	$	107,930		$	100,981		$	187,423		$	181,980
Products	22,365			26,546			62,149			63,798
Inter-Segment Eliminations	(45		)	(739		)	1,875			1,793
Total	$	130,250		$	126,788		$	251,447		$	247,571
INCOME (LOSS) FROM OPERATIONS:
Engines	$	60,345		$	57,058		$	50,528		$	48,574
Products	(4,913		)	(199		)	(16,783		)	(11,787		)
Inter-Segment Eliminations	(45		)	(739		)	1,875			1,793
Total	$	55,387		$	56,120		$	35,620		$	38,580

Pre-tax restructuring charges (income) included in gross profit were as follows (in thousands):

	Three Months Ended					Nine Months Ended
	March 30, 2014			March 31, 2013		March 30, 2014		March 31, 2013
PRE-TAX RESTRUCTURING CHARGES (INCOME) INCLUDED IN GROSS PROFIT:
Engines	$	(774	)	$	5,409	$	2,622	$	7,346
Products	—			1,236		2,082		7,624
Total	$	(774	)	$	6,645	$	4,704	$	14,970

Pre-tax restructuring charges (income) included in income (loss) from operations were as follows (in thousands):

	Three Months Ended					Nine Months Ended
	March 30, 2014			March 31, 2013		March 30, 2014		March 31, 2013
PRE-TAX RESTRUCTURING CHARGES (INCOME) INCLUDED IN INCOME (LOSS) FROM OPERATIONS:
Engines	$	(774	)	$	5,409	$	3,047	$	10,781
Products	—			1,236		2,082		7,624
Total	$	(774	)	$	6,645	$	5,129	$	18,405