SEGMENT INFORMATION (Table)

9 Months Ended

Sep. 30, 2015

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment

	Three Months Ended						Nine Months Ended
(In thousands)	September 30,						September 30,
	2015			2014			2015			2014
Net sales
Commercial/Industrial	$	293,039		$	313,775		$	898,011		$	930,906
Defense	118,019			127,768			352,520			359,810
Power	115,898			118,837			372,694			386,432
Less: Intersegment revenues	(1,421		)	(1,997		)	(6,297		)	(6,608		)
Total consolidated	$	525,535		$	558,383		$	1,616,928		$	1,670,540
Operating income (expense)
Commercial/Industrial	$	40,259		$	51,069		$	128,801		$	135,315
Defense	25,477			22,480			67,895			56,266
Power	13,545			11,120			34,511			40,260
Corporate and eliminations (1)	(15,468		)	(10,420		)	(29,117		)	(24,399		)
Total consolidated	$	63,813		$	74,249		$	202,090		$	207,442

⁽¹⁾ Corporate and eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Operating income by reportable segment and the reconciliation to income from continuing operations before income taxes are as follows:

	Three Months Ended						Nine Months Ended
(In thousands)	September 30,						September 30,
	2015			2014			2015			2014
Total operating income	$	63,813		$	74,249		$	202,090		$	207,442
Interest expense	(8,972		)	(9,013		)	(26,953		)	(27,054		)
Other income, net	161			(159		)	605			(70		)
Earnings from continuing operations before income taxes	$	55,002		$	65,077		$	175,742		$	180,318

Reconciliation Of Assets From Segment To Consolidated

(In thousands)	September 30, 2015		December 31, 2014
Identifiable assets
Commercial/Industrial	$	1,526,188	$	1,534,882
Defense	806,111		837,891
Power	575,042		588,366
Corporate and Other	107,158		291,025
Assets held for sale	202		147,347
Total consolidated	$	3,014,701	$	3,399,511