Segment Information (Note)

12 Months Ended

Dec. 03, 2011

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

Based on the economic characteristics of the Company’s business activities, the nature of products, customers and markets served and the performance evaluation by management and the Company’s Board of Directors, the Company has identified three reportable segments: Engine/Mobile Filtration, Industrial/Environmental Filtration and Packaging.

The Engine/Mobile Filtration segment manufactures and markets a complete line of filters used in the filtration of oils, air, fuel, coolant, hydraulic and transmission fluids in both domestic and international markets.  The Engine/Mobile Filtration segment provides filters for certain types of transportation equipment including automobiles, heavy-duty and light trucks, buses and locomotives, marine and mining equipment, industrial equipment and heavy-duty construction and agricultural equipment.  The products are sold to aftermarket distributors, original equipment manufacturers and dealer networks, private label accounts and directly to truck service centers and large national accounts.

The Industrial/Environmental Filtration segment manufactures and markets a complete line of filters, cartridges, dust collectors, filtration systems, engineered filtration products and technologies used in the filtration of air and industrial fluid processes in both domestic and international markets.  The filters and filter systems are used in commercial and industrial buildings, hospitals, manufacturing processes, pharmaceutical processes, clean rooms, airports, shipyards, refineries and other oil and natural gas facilities, power generation plants, petrochemical plants, residences and various other infrastructures.  The products are sold to commercial and industrial distributors, original equipment manufacturers and dealer networks, private label accounts, retailers and directly to large national accounts.

The Packaging segment manufactures and markets consumer and industrial packaging products including custom-designed plastic and metal containers and closures and lithographed metal sheets in both domestic and international markets.  The products are sold directly to consumer and industrial packaging customers.

Net sales represent sales to unaffiliated customers.  Intersegment sales were not material.  No single customer accounted for 10% or more of the Company’s consolidated sales for the years ended November 30, 2011, 2010 and 2009.  Unallocated amounts consist of interest expense, interest income and other non-operating income and expense items.  Assets are those assets used in each business segment.  Corporate assets consist of cash, deferred income taxes, corporate facility and equipment and various other assets that are not specific to an operating segment.  The Company operates as a consolidated entity, including cooperation between segments, cost allocating and sharing of certain assets.  As such, the Company makes no representation, that if operated on a standalone basis, these segments would report net sales, operating profit and other financial data reflected below.

The following tables provides segment data for the years ended November 30, 2011, 2010 and 2009:

	2011		2010			2009
Net sales:
Engine/Mobile Filtration	$	510,012	$	446,104		$	373,295
Industrial/Environmental Filtration	523,026		470,359			461,000
Packaging	93,563		94,966			73,453
	$	1,126,601	$	1,011,429		$	907,748
Operating profit:
Engine/Mobile Filtration	$	112,839	$	92,246		$	75,216
Industrial/Environmental Filtration	58,028		43,515			24,712
Packaging	10,400		8,888			5,805
	181,267		144,649			105,733
Other income (expense), net	41		(1,226		)	(84		)
Earnings before income taxes	$	181,308	$	143,423		$	105,649

	2011		2010		2009
Identifiable assets:
Engine/Mobile Filtration	$	338,197	$	292,196	$	252,747
Industrial/Environmental Filtration	693,266		650,530		629,488
Packaging	39,571		40,450		36,456
Corporate	63,899		59,235		55,199
	$	1,134,933	$	1,042,411	$	973,890
Additions to property, plant and equipment:
Engine/Mobile Filtration	$	11,406	$	7,704	$	8,360
Industrial/Environmental Filtration	8,775		14,597		11,744
Packaging	3,824		2,152		1,399
Corporate	166		—		237
	$	24,171	$	24,453	$	21,740
Depreciation and amortization:
Engine/Mobile Filtration	$	9,325	$	9,810	$	9,645
Industrial/Environmental Filtration	19,231		17,151		17,322
Packaging	3,166		3,260		3,308
Corporate	713		700		687
	$	32,435	$	30,921	$	30,962

Financial data relating to the geographic areas in which the Company operates are shown for the years ended November 30, 2011, 2010 and 2009.  Net sales by geographic area are based on sales to final customers within that region.

	2011		2010		2009
Net sales:
United States	$	775,987	$	702,510	$	634,057
Europe	106,712		99,939		103,917
Other International	243,902		208,980		169,774
	$	1,126,601	$	1,011,429	$	907,748
Property, plant and equipment, at cost, less accumulated depreciation:
United States	$	164,712	$	161,000	$	170,398
Europe	2,924		3,375		4,157
Other International	17,356		16,800		13,536
	$	184,992	$	181,175	$	188,091