XML 59 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
Segment Information (Note)
3 Months Ended
Mar. 02, 2013
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION

The Company operates in three principal product segments: Engine/Mobile Filtration, Industrial/Environmental Filtration and Packaging. Net sales represent sales to unaffiliated customers as reported in the Consolidated Condensed Statements of Earnings.  Intersegment sales were not material.  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.

Segment information is summarized as follows:

 
 
 
Three Months Ended
 
 
 
March 2,
2013
 
March 3,
2012
Net sales:
 
 
 
 
 
Engine/Mobile Filtration
 
 
$
117,675

 
$
120,283

Industrial/Environmental Filtration
 
 
122,626

 
121,114

Packaging
 
 
15,970

 
15,867

 
 
 
$
256,271

 
$
257,264

 
 
 
 
 
 
Operating profit:
 
 
 

 
 

Engine/Mobile Filtration
 
 
$
23,449

 
$
23,297

Industrial/Environmental Filtration
 
 
9,678

 
10,705

Packaging
 
 
688

 
310

 
 
 
33,815

 
34,312

Other income (expense), net
 
 
(11
)
 
646

Earnings before income taxes
 
 
$
33,804

 
$
34,958


 
March 2,
2013
 
December 1,
2012
Identifiable assets:
 
 
 
Engine/Mobile Filtration
$
368,872

 
$
372,011

Industrial/Environmental Filtration
704,486

 
706,610

Packaging
37,974

 
36,350

Corporate
74,838

 
90,531

 
$
1,186,170

 
$
1,205,502