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Segment Results (Tables)
9 Months Ended
Sep. 30, 2012
Schedule Of Financial Information By Reportable Segment
Financial information by reportable segment is set forth below:
 
 
Three Months Ended
 
Nine Months Ended
 
 
September 30,
 
September 30,
 
(in thousands)
2012
 
2011
 
2012
 
2011
 
Net sales
 
 
 
 
 
 
 
 
Aerospace & Electronics
$
171,368

 
$
172,216

 
$
525,127

 
$
505,690

 
Engineered Materials
56,956

 
53,101

 
169,603

 
175,034

 
Merchandising Systems
92,489

 
98,815

 
277,741

 
287,703

 
Fluid Handling
303,080

 
299,118

 
903,617

 
845,929

 
Controls
22,088

 
23,838

 
73,192

 
66,209

 
Total
$
645,981

 
$
647,088

 
$
1,949,280

 
$
1,880,565

 
Operating profit (loss) from continuing operations
 
 
 
 
 
 
 
 
Aerospace & Electronics
$
39,833

 
$
35,640

 
$
116,834

 
$
106,839

 
Engineered Materials
7,226

 
5,919

 
21,178

 
25,192

 
Merchandising Systems
9,496

 
10,845

 
23,324

 
22,632

 
Fluid Handling
42,892

 
39,870

 
108,920

 
111,474

 
Controls
2,844

 
3,789

 
10,513

 
8,892

 
Corporate
(15,707
)
 
(15,773
)
 
(46,511
)
 
(44,453
)
 
Total
86,584

 
80,290

 
234,258

 
230,576

 
Interest income
443

 
442

 
1,292

 
1,121

 
Interest expense
(6,618
)
 
(6,474
)
 
(20,114
)
 
(19,525
)
 
Miscellaneous - net
(6
)
 
(73
)
 
(704
)
 
3,262

*
Income from continuing operations before income taxes
$
80,403

 
$
74,185

 
$
214,732

 
$
215,434

 
*  Primarily related to the sale of a building and the divestiture of a small product line in the three months ended March 31, 2011.
Schedule Of Assets By Segment
 
As of
 
September 30,
 
December 31,
(in thousands)
2012
 
2011
Assets
 
 
 
Aerospace & Electronics
$
509,210

 
$
514,240

Engineered Materials
244,257

 
245,350

Merchandising Systems
431,750

 
408,857

Fluid Handling
971,884

 
909,265

Controls
39,813

 
64,162

Corporate
675,598

 
701,657

Total
$
2,872,512

 
$
2,843,531

Schedule Of Goodwill By Segment
 
As of
 
September 30,
 
December 31,
(in thousands)
2012
 
2011
Goodwill
 
 
 
Aerospace & Electronics
$
203,579

 
$
203,516

Engineered Materials
171,526

 
171,489

Merchandising Systems
202,161

 
197,719

Fluid Handling
220,135

 
220,111

Controls
15,052

 
27,990

Total
$
812,453

 
$
820,824