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SEGMENT INFORMATION (Table)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
 
 
Three Months Ended
 
 
March 31,
(In thousands)
 
2019
 
2018
Net sales
 
 
 
 
Commercial/Industrial
 
$
293,750

 
$
296,753

Defense
 
121,497

 
120,883

Power
 
164,147

 
132,158

Less: Intersegment revenues
 
(1,080
)
 
(2,272
)
Total consolidated
 
$
578,314

 
$
547,522

 
 
 
 
 
Operating income (expense)
 
 
 
 
Commercial/Industrial
 
$
39,446

 
$
39,225

Defense
 
17,653

 
19,728

Power
 
24,219

 
15,342

Corporate and eliminations (1)
 
(9,273
)
 
(9,797
)
Total consolidated
 
$
72,045

 
$
64,498


(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

 
 
Three Months Ended
 
 
March 31,
(In thousands)
 
2019
 
2018
Total operating income
 
$
72,045

 
$
64,498

Interest expense
 
7,272

 
8,204

Other income, net
 
5,478

 
4,683

Earnings before income taxes
 
$
70,251

 
$
60,977

Reconciliation Of Assets From Segment To Consolidated
(In thousands)
March 31, 2019
 
December 31, 2018
Identifiable assets
 
 
 
Commercial/Industrial
$
1,455,070

 
$
1,398,601

Defense
1,036,152

 
961,298

Power
762,935

 
720,073

Corporate and Other
74,645

 
175,413

Total consolidated
$
3,328,802

 
$
3,255,385