Segment Information

9 Months Ended

Aug. 27, 2016

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

During the periods presented herein, the Company had operated in three principal product segments: Engine/Mobile Filtration, Industrial/Environmental Filtration and Packaging. Refer to Note 3 for discussion of the divestiture of J.L. Clark on June 27, 2015, which was the sole operating company within the Company's Packaging segment. 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, goodwill, other intangible assets 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 27, 2016			August 29, 2015			August 27, 2016		August 29, 2015
Net sales:
Engine/Mobile Filtration	$	144,710		$	151,734		$	433,283	$	457,482
Industrial/Environmental Filtration	186,677			200,496			579,344		610,088
Packaging	—			5,327			—		40,909
	$	331,387		$	357,557		$	1,012,627	$	1,108,479
Operating profit:
Engine/Mobile Filtration	$	29,337		$	27,728		$	77,904	$	83,038
Industrial/Environmental Filtration	21,361			22,765			58,537		63,377
Packaging	—			(71		)	—		2,143
	50,698			50,422			136,441		148,558
Other income (expense), net	(1,053		)	4,419			22,673		1,485
Earnings before income taxes	$	49,645		$	54,841		$	159,114	$	150,043

	August 27, 2016		November 28, 2015
Identifiable assets:
Engine/Mobile Filtration	$	736,275	$	771,120
Industrial/Environmental Filtration	964,191		1,028,793
Packaging	—		—
Corporate	59,325		18,543
	$	1,759,791	$	1,818,456