Segment Information

9 Months Ended

Aug. 30, 2014

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:

	Quarter Ended					Nine Months Ended
	August 30, 2014			August 31, 2013		August 30, 2014		August 31, 2013
Net sales:
Engine/Mobile Filtration	$	165,910		$	129,148	$	436,805	$	379,195
Industrial/Environmental Filtration	213,752			139,659		608,207		398,945
Packaging	20,490			20,319		54,467		54,840
	$	400,152		$	289,126	$	1,099,479	$	832,980
Operating profit:
Engine/Mobile Filtration	$	36,741		$	28,611	$	86,587	$	81,156
Industrial/Environmental Filtration	23,873			11,315		55,024		39,404
Packaging	1,612			2,059		3,028		4,641
	62,226			41,985		144,639		125,201
Other income (expense), net	(1,514		)	235		1,764		7
Earnings before income taxes	$	60,712		$	42,220	$	146,403	$	125,208

	August 30, 2014		November 30, 2013
Identifiable assets:
Engine/Mobile Filtration	$	771,687	$	397,545
Industrial/Environmental Filtration	1,036,768		715,759
Packaging	41,894		41,030
Corporate	34,158		294,509
	$	1,884,507	$	1,448,843