Quarterly Results For The Year (Tables)

12 Months Ended

Dec. 31, 2013

Quarterly Financial Data [Abstract]

Schedule Of Quarterly Financial Information

(in thousands, except per share data) For year ended December 31,	First			Second			Third			Fourth			Year
2013
Net sales	$	627,571		$	648,746		$	637,515		$	681,449		$	2,595,281
Cost of sales	409,819			426,025			421,317			454,598			$	1,711,759
Gross profit	217,752			222,721			216,198			226,851			883,522
Operating profit from continuing operations	86,900		(a)	88,846		(c)	89,009		(e)	83,121		(g)	347,876
Net income attributable to common shareholders	57,791		(b)	54,874		(d)	57,131		(f)	49,706		(h)	219,502
Earnings per basic share:
Net income attributable to common shareholders	$	1.01		$	0.95		$	0.98		$	0.86		$	3.79
Earnings per diluted share:
Net income attributable to common shareholders	$	0.99		$	0.93		$	0.97		$	0.84		$	3.73
2012
Net sales	$	645,613		$	657,686		$	645,981		$	629,788		$	2,579,068
Cost of sales	429,621			436,095			426,148		(m)	418,085		(q)	$	1,709,949
Gross profit	215,992			221,591			219,833			211,703			869,119
Operating profit from continuing operations	78,297			69,377		(i)	86,584		(n)	76,183		(r)	310,441
Income from continuing operations attributable to common shareholders	50,840			42,653		(j)	56,224		(o)	45,644		(s)	195,361
Discontinued Operations, net of tax	822			19,909		(k)	901		(p)	—			21,632
Net income attributable to common shareholders	51,662			62,562		(l)	57,125		(o)	45,644		(s)	216,993
Earnings per basic share *
Income from continuing operations attributable to common shareholders	$	0.88		$	0.74		$	0.99		$	0.80		$	3.40
Discontinued operations, net of tax	0.01			0.34			0.02			—			0.38
Net income attributable to common shareholders	$	0.89		$	1.08		$	1.00		$	0.80		$	3.78
Earnings per diluted share *
Income from continuing operations attributable to common shareholders	$	0.86		$	0.73		$	0.97		$0.79			$	3.35
Discontinued operations, net of tax	0.01			0.34			0.02			—			0.37
Net income attributable to common shareholders	$	0.88		$	1.07		$	0.99		$	0.79		$	3.72

(a) Includes $2,888 of acquisition transaction costs.

(b) Includes the impact of item (a) cited above, net of tax.

(c) Includes $6,853 of acquisition transaction costs.

(d) Includes the impact of item (c) cited above, net of tax and $460 withholding taxes related to acquisition funding.

(e) Includes $2,854 of acquisition transaction costs.

(f) Includes the impact of item (e) cited above, net of tax and $1,240 withholding taxes related to acquisition funding.

(g) Includes $10,170 of acquisition transaction costs and $4,654 of acquisition related inventory and backlog amortization.

(h) Includes the impact of item (g) cited above, net of tax, $1,192 withholding taxes related to acquisition funding and $2,006 gain on sale of product line.

(i) Includes $14,747 of restructuring charges.

(j) Includes the impact of item (a) cited above, net of tax.

(k) Includes $18,276 gain on divestiture, net of tax.

(l) Includes the impact of items (a) and (c) cited above, net of tax.

(m) Includes $1,194 of charges related to repositioning activities.

(n) Includes the impact of item (e) and $160 of restructuring charges.

(o) Includes the impact of item (f) cited above, net of tax.

(p) Reflects a gain on divestiture, net of tax

(q) Includes $516 of charges related to repositioning activities.

(r) Includes the impact of item (i), $3,556 of restructuring charges, $460 pension curtailment charge, and $3,874 non-deductible acquisition costs associated with the acquisition of MEI.

(s) Includes the impact of item (j) cited above, net of tax.