Segment Results (Tables)

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

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)	2014			2013			2014			2013
Net sales
Fluid Handling	$	314,461		$	322,152		$	949,812		$	968,926
Payment & Merchandising Technologies	181,057			83,636			534,753			257,927
Aerospace & Electronics	167,158			169,771			513,672			507,046
Engineered Materials	64,737			61,956			196,102			179,933
Total	$	727,413		$	637,515		$	2,194,339		$	1,913,832
Operating profit (loss)
Fluid Handling a	$	48,131		$	46,594		$	144,832		$	146,688
Payment & Merchandising Technologies b	25,134			7,869			51,225			26,902
Aerospace & Electronics c	29,870			38,105			98,312			115,257
Engineered Materials	9,038			10,792			29,602			28,538
Corporate d	(8,640		)	(14,351		)	(41,472		)	(52,630		)
Environmental provision e	(55,800		)	—			(55,800		)	—
Total	47,733			89,009			226,699			264,755
Interest income	383			337			1,136			1,488
Interest expense	(9,556		)	(6,688		)	(29,129		)	(20,651		)
Miscellaneous - net f	342			(456		)	(1,376		)	(170		)
Income before income taxes	$	38,902		$	82,202		$	197,330		$	245,422

^a Includes $372 and $3,989 of restructuring charges for the three and nine months ended September 30, 2014, respectively.

^b Includes $110 of restructuring charges and $1,830 of acquisition integration related costs for the three months ended September 30, 2014 and $5,727 of restructuring charges, $6,496 of acquisition integration related costs and $4,790 of acquisition related inventory step up and backlog amortization for the nine months ended September 30, 2014.

^c Includes $1,720 and $5,816 of restructuring charges for the three and nine months ended September 30, 2014, respectively.

^d Includes $6,500 for a settlement lawsuit recorded in June 2014, ($846) and $1,244 of acquisition integration related (credit) costs for the three and nine months ended September 30, 2014, respectively, and $2,854 and $12,595 of acquisition transaction costs for the three and nine months ended September 30, 2013, respectively.

^e Includes a $49,000 charge related to an increase in the Company's liability expected at its Goodyear, AZ Superfund Site and a $6,800 charge for expected remediation costs associated with a previously disclosed environmental site in Roseland, NJ for the three and nine months ended September 30, 2014.

^f Includes $1,624 loss on sale of a small business divested in June 2014 for the nine months ended September 30, 2014 and a $1,015 gain on a real estate divestiture for the three and nine months ended September 30, 2014.

	As of
	September 30,		December 31,
(in thousands)	2014		2013
Assets
Fluid Handling	$	1,010,718	$	996,101
Payment & Merchandising Technologies	1,345,574		1,383,007
Aerospace & Electronics	514,791		511,676
Engineered Materials	236,824		233,214
Corporate	446,198		435,609
Total	$	3,554,105	$	3,559,607

Schedule Of Assets By Segment

	As of
	September 30,		December 31,
(in thousands)	2014		2013
Assets
Fluid Handling	$	1,010,718	$	996,101
Payment & Merchandising Technologies	1,345,574		1,383,007
Aerospace & Electronics	514,791		511,676
Engineered Materials	236,824		233,214
Corporate	446,198		435,609
Total	$	3,554,105	$	3,559,607

Schedule Of Goodwill By Segment

	As of
	September 30,		December 31,
(in thousands)	2014		2013
Goodwill
Fluid Handling	$	231,662	$	239,205
Payment & Merchandising Technologies	617,715		635,759
Aerospace & Electronics	202,745		202,799
Engineered Materials	171,531		171,553
Total	$	1,223,653	$	1,249,316