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Segment Results (Tables)
3 Months Ended
Mar. 31, 2017
Segment Reporting Information [Line Items]  
Schedule Of Financial Information By Reportable Segment
 
Three Months Ended
 
March 31,
(in millions)
2017
 
2016
Net sales
 
 
 
Fluid Handling
$
239.6

 
$
248.0

Payment & Merchandising Technologies
195.5

 
172.0

Aerospace & Electronics
163.4

 
171.7

Engineered Materials
74.9

 
68.3

Total
$
673.4

 
$
660.0

Operating profit (loss)
 
 
 
Fluid Handling
$
27.1

 
$
25.4

Payment & Merchandising Technologies
39.1

 
28.0

Aerospace & Electronics
32.1

 
33.1

Engineered Materials
14.0

 
13.7

Corporate
(15.7
)
 
(14.7
)
Total
96.6

 
85.5

Interest income
0.5

 
0.5

Interest expense
(9.0
)
 
(9.1
)
Miscellaneous - net
(0.2
)
 
(0.3
)
Income before income taxes
$
87.9

 
$
76.6



(in millions)
March 31, 2017
 
December 31, 2016
Assets
 
 
 
Fluid Handling
$
857.2

 
$
845.9

Payment & Merchandising Technologies
1,204.6

 
1,188.9

Aerospace & Electronics
561.5

 
555.5

Engineered Materials
231.1

 
224.7

Corporate
596.6

 
613.0

Total
$
3,451.0

 
$
3,428.0


The table below presents net sales by product line for each segment:
 
 
Three Months Ended
 
 
March 31,
(in millions)
 
2017
 
2016
Fluid Handling
 
 
 
 
Process Valves and Related Products
 
$
148.6

 
$
155.0

Commercial Valves
 
69.5

 
72.4

Other Products
 
21.5

 
20.6

Total Fluid Handling
 
$
239.6

 
$
248.0

 
 
 
 
 
Payment & Merchandising Technologies
 
 
 
 
Payment Acceptance and Dispensing Products
 
$
145.9

 
$
117.7

Merchandising Equipment
 
49.6

 
54.3

Total Payment & Merchandising Technologies
 
$
195.5

 
$
172.0

 
 
 
 
 
Aerospace & Electronics
 
 
 
 
Commercial Original Equipment
 
$
82.5

 
$
90.0

Military and Other Original Equipment
 
38.0

 
40.6

Commercial Aftermarket Products
 
32.1

 
30.4

Military Aftermarket Products
 
10.8

 
10.7

Total Aerospace & Electronics
 
$
163.4

 
$
171.7

 
 
 
 
 
Engineered Materials
 
 
 
 
FRP - Recreational Vehicles
 
$
41.6

 
$
35.2

FRP - Building Products
 
24.5

 
22.5

FRP - Transportation
 
8.8

 
10.6

Total Engineered Materials
 
$
74.9

 
$
68.3

 
 
 
 
 
Total Net Sales
 
$
673.4

 
$
660.0

Schedule Of Assets By Segment
(in millions)
March 31, 2017
 
December 31, 2016
Assets
 
 
 
Fluid Handling
$
857.2

 
$
845.9

Payment & Merchandising Technologies
1,204.6

 
1,188.9

Aerospace & Electronics
561.5

 
555.5

Engineered Materials
231.1

 
224.7

Corporate
596.6

 
613.0

Total
$
3,451.0

 
$
3,428.0

Schedule Of Goodwill By Segment
(in millions)
March 31, 2017
 
December 31, 2016
Goodwill
 
 
 
Fluid Handling
$
213.7

 
$
212.3

Payment & Merchandising Technologies
570.4

 
563.3

Aerospace & Electronics
202.3

 
202.3

Engineered Materials
171.3

 
171.3

Total
$
1,157.7

 
$
1,149.2