Segment Information (Tables)

3 Months Ended

Mar. 31, 2021

Segment Reporting [Abstract]

Revenue and earnings from continuing operations by market segment

Segment financial information and a reconciliation of segment results to consolidated results was as follows:

	Three Months Ended March 31,
	2021		2020
Revenue:
Engineered Products	$	428,127	$	408,160
Fueling Solutions	389,678		359,982
Imaging & Identification	284,328		256,765
Pumps & Process Solutions	394,377		319,536
Refrigeration & Food Equipment	372,077		311,913
Intra-segment eliminations	(686)		(417)
Total consolidated revenue	$	1,867,901	$	1,655,939
Net earnings:
Segment earnings (EBIT): (1)
Engineered Products	$	68,779	$	69,094
Fueling Solutions	66,480		53,498
Imaging & Identification	56,992		51,482
Pumps & Process Solutions	123,645		66,079
Refrigeration & Food Equipment(2)	38,117		23,529
Total segment earnings (EBIT)	354,013		263,682
Corporate expense / other (3)	38,620		24,097
Interest expense	26,823		27,268
Interest income	(680)		(1,183)
Earnings before provision for income taxes	289,250		213,500
Provision for income taxes	56,481		37,221
Net earnings	$	232,769	$	176,279

(1) Segment earnings (EBIT) includes non-operating income and expense directly attributable to the segments. Non-operating income and expense includes gain on sale of a business and other income, net.

(2) The three months ended March 31, 2020 includes a $6,551 gain on the sale of AMS Chino.

(3) Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include executive and functional compensation costs, non-service pension costs, non-operating insurance expenses, shared business services overhead costs, deal related expenses and various administrative expenses relating to the corporate headquarters.

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following table presents revenue disaggregated by geography based on the location of the Company's customer:

	Three Months Ended March 31,
Revenue by geography	2021		2020
United States	$	1,036,014	$	956,640
Europe	445,295		361,166
Asia	192,107		154,275
Other Americas	130,177		129,049
Other	64,308		54,809
Total	$	1,867,901	$	1,655,939