XML 30 R31.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Summarized Financial Information of Reportable Segments
The following is a summary of the financial information of the reportable segments reconciled to the amounts reported in the condensed consolidated financial statements:
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 (Amounts in thousands)
Engineered Product Division
 
Industrial Product Division
 
Flow Control Division
 
Subtotal–Reportable Segments
 
Eliminations and All Other
 
Consolidated Total
Sales to external customers
$
558,334

 
$
248,659

 
$
355,254

 
$
1,162,247

 
$
—

 
$
1,162,247

Intersegment sales
12,431

 
12,156

 
1,111

 
25,698

 
(25,698
)
 
—

Segment operating income
86,227

 
7,070

 
54,489

 
147,786

 
(20,209
)
 
127,577

 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
 
 (Amounts in thousands)
Engineered Product Division
 
Industrial Product Division
 
Flow Control Division
 
Subtotal–Reportable Segments
 
Eliminations and All Other
 
Consolidated Total
Sales to external customers
$
626,380

 
$
193,382

 
$
404,616

 
$
1,224,378

 
$
—

 
$
1,224,378

Intersegment sales
13,824

 
10,449

 
1,769

 
26,042

 
(26,042
)
 
—

Segment operating income
108,771

 
30,176

 
79,129

 
218,076

 
(23,761
)
 
194,315


 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2015
 
 
 
 
 
 
 
 
 
 
 (Amounts in thousands)
Engineered Product Division
 
Industrial Product Division
 
Flow Control Division
 
Subtotal–Reportable Segments
 
Eliminations and All Other
 
Consolidated Total
Sales to external customers
$
1,031,747

 
$
463,371

 
$
681,749

 
$
2,176,867

 
$
—

 
$
2,176,867

Intersegment sales
23,177

 
20,812

 
1,778

 
45,767

 
(45,767
)
 
—

Segment operating income (loss)
155,056

 
(6,269
)
 
109,204

 
257,991

 
(37,038
)
 
220,953

 
 
 
 
 
 
 
 
 
 
 
 
Six Months Ended June 30, 2014
 
 
 
 
 
 
 
 
 
 
 (Amounts in thousands)
Engineered Product Division
 
Industrial Product Division
 
Flow Control Division
 
Subtotal–Reportable Segments
 
Eliminations and All Other
 
Consolidated Total
Sales to external customers
$
1,136,691

 
$
369,376

 
$
786,447

 
$
2,292,514

 
$
—

 
$
2,292,514

Intersegment sales
27,609

 
20,639

 
2,877

 
51,125

 
(51,125
)
 
—

Segment operating income
190,136

 
48,964

 
162,262

 
401,362

 
(42,722
)
 
358,640