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SEGMENT INFORMATION (Table)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
 
 
(In thousands)
 
 
Three Months Ended
 
 
March 31,
 
 
2015
 
2014
Net sales
 
 
 
 
Commercial/Industrial
 
$
299,898

 
$
302,017

Defense
 
114,352

 
113,153

Power
 
135,135

 
130,275

Less: Intersegment revenues
 
(3,186
)
 
(2,486
)
Total consolidated
 
$
546,199

 
$
542,959

 
 
 
 
 
Operating income (expense)
 
 
 
 
Commercial/Industrial
 
$
43,289

 
$
38,496

Defense
 
18,027

 
15,784

Power
 
19,512

 
14,275

Corporate and eliminations (1)
 
(7,993
)
 
(7,521
)
Total consolidated
 
$
72,835

 
$
61,034


(1) Corporate and eliminations includes pension and other postretirement benefit expense, certain environmental costs related to remediation at legacy sites, foreign currency transactional gains and losses, and certain other expenses.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated

 
 
(In thousands)
 
 
Three Months Ended
 
 
March 31,
 
 
2015
 
2014
Total operating income
 
$
72,835

 
$
61,034

Interest expense
 
(8,996
)
 
(9,055
)
Other income, net
 
481

 
112

Earnings before income taxes
 
$
64,320

 
$
52,091

Reconciliation Of Assets From Segment To Consolidated
 
(In thousands)
 
March 31, 2015
 
December 31, 2014
Identifiable assets
 
 
 
Commercial/Industrial
$
1,534,106

 
$
1,534,882

Defense
781,085

 
837,891

Power
584,062

 
588,366

Corporate and Other
133,977

 
291,025

Assets held for sale
$
92,169

 
$
147,347

Total consolidated
$
3,125,399

 
$
3,399,511