XML 27 R47.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
SEGMENT INFORMATION (Table)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment [Text Block]
Year Ended December 31,
(In thousands)201920182017
Net sales
Commercial/Industrial$1,240,697  $1,209,943  $1,163,510  
Defense580,845  559,058  557,954  
Power670,950  649,754  554,048  
Less: Intersegment Revenues(4,531) (6,920) (4,486) 
Total Consolidated$2,487,961  $2,411,835  $2,271,026  
Depreciation and amortization expense
Commercial/Industrial$48,227  $50,690  $53,180  
Defense21,495  20,578  20,702  
Power28,589  27,737  22,019  
Corporate4,101  3,944  4,094  
Total Consolidated$102,412  $102,949  $99,995  
Capital expenditures
Commercial/Industrial$34,077  $30,411  $29,028  
Defense4,034  5,793  9,276  
Power28,051  11,350  10,039  
Corporate3,590  5,863  4,362  
Total Consolidated$69,752  $53,417  $52,705  
Year Ended December 31,
(In thousands)201920182017
Earnings before taxes:
Total segment operating income$439,062  $409,973  $358,603  
Corporate and Eliminations(35,109) (36,347) (33,483) 
Interest expense31,347  33,983  41,471  
Other income, net23,856  16,596  15,970  
Total consolidated earnings before tax$396,462  $356,239  $299,619  
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
(In thousands)201920182017
Operating income (expense)
Commercial/Industrial$196,455  $182,669  $168,146  
Defense129,653  128,446  109,338  
Power112,954  98,858  81,119  
Corporate and Eliminations (1)
(35,109) (36,347) (33,483) 
Total Consolidated$403,953  $373,626  $325,120  
Reconciliation Of Assets From Segment To Consolidated [Text Block]
Segment assets
Commercial/Industrial$1,470,477  $1,398,601  $1,444,097  
Defense1,184,116  961,298  1,044,776  
Power804,432  720,073  482,753  
Corporate305,236  175,413  264,695  
Total Consolidated$3,764,261  $3,255,385  $3,236,321  
As of December 31,
(In thousands)201920182017
Assets:
Total assets for reportable segments$3,459,025  $3,079,972  $2,971,626  
Non-segment cash235,260  138,053  204,664  
Other assets69,976  37,360  60,031  
Total consolidated assets$3,764,261  $3,255,385  $3,236,321  
ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
Year Ended December 31,
(In thousands)201920182017
Revenues
United States of America$1,710,371  $1,623,511  $1,562,180  
United Kingdom120,297  126,439  118,350  
Other foreign countries657,293  661,885  590,496  
Consolidated total$2,487,961  $2,411,835  $2,271,026  
ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
As of December 31,
(In thousands)201920182017
Long-Lived Assets - Property, plant, and equipment, net
United States of America$271,609  $258,504  $264,829  
United Kingdom34,228  34,649  41,100  
Other foreign countries79,756  81,507  84,306  
Consolidated total$385,593  $374,660  $390,235  
Revenue from External Customers by Products and Services [Table Text Block]
Year Ended December 31,
(In thousands)201920182017
Net sales
Flow Control$1,051,821  $1,008,262  $899,705  
Motion Control1,130,593  1,090,703  1,075,218  
Surface Technologies305,547  312,870  296,103  
Consolidated total$2,487,961  $2,411,835  $2,271,026