CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2012	Apr. 02, 2011
Cash flows from operating activities:
Net income	$ 23,161	$ 10,902
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization	6,158	5,840
Share-based compensation	982	1,174
Deferred income taxes	5,592	803
(Gain)/Loss on disposals of plant and equipment	(322)	372
Gain on equity investment	(12,212)	0
Asset impairment	200	0
Foreign exchange expense	298	421
Excess tax from share-based payment arrangements	(731)	(104)
Changes in assets and liabilities, net of acquisitions:
Receivables	(25,395)	(26,720)
Inventory	(18,199)	(13,712)
Accounts payable and accrued expenses	(1,637)	(454)
Income Taxes	(3,344)	2,131
Employee benefit plans	(693)	(8,337)
Other	(2,841)	(3,443)
Net cash flows from operating activities	(28,983)	(31,127)
Cash flows from investing activities:
Additions to property, plant and equipment	(4,170)	(3,242)
Proceeds from sale of property, plant and equipment	1,204	0
Cash paid for acquisitions, net of cash acquired	(27,862)	0
Net cash flows from investing activities	(30,828)	(3,242)
Cash flows from financing activities:
Proceeds from issuance of debt	3,759	0
Repayment of debt	(1,739)	(43)
Proceeds from issuance of common stock	2,613	1,082
Excess tax from share-based payment arrangements	731	104
Purchases of common stock	(30)	(4,068)
Dividends paid	(3,152)	(3,024)
Net cash flows from financing activities	2,182	(5,949)
Effect of exchange rate changes on cash	3,228	3,038
Net change in cash and equivalents	(54,401)	(37,280)
Cash and equivalents at beginning of period	153,337	140,070
Cash and equivalents at end of period	98,936	102,790
Cash paid for income taxes	6,245	848
Cash paid for interest	2,330	2,206
Non-cash items:
Additions to property, plant, and equipment, not yet paid	4	1,002
Pioneer Pump Holdings, Inc
Non-cash items:
Payable to seller of acquired entities	1,698	0
Liability for mandatory share purchase	22,924	0
Impo Motor Pompa Sanayi ve Ticaret A.S.
Non-cash items:
Payable to seller of acquired entities	420	0
Healy Systems Inc
Non-cash items:
Payable to seller of acquired entities	$ 0	$ 240