Segment Information

6 Months Ended

Jun. 28, 2013

Segment Information [Abstract]

Segment Information Text Block

6.       The Company has three reportable segments: Industrial (which aggregates four operating segments), Contractor and Lubrication. Sales and operating earnings by segment for thethirteen and twenty-sixweeks ended June 28, 2013 and June 29, 2012were as follows (in thousands):

		Thirteen Weeks Ended				Twenty-six Weeks Ended
		Jun 28,		Jun 29,		Jun 28,		Jun 29,
		2013		2012		2013		2012
Net Sales
	Industrial	$	159,671	$	158,220	$	323,846	$	292,323
	Contractor		98,498		82,106		176,126		154,092
	Lubrication		27,851		27,858		55,094		55,891
Total		$	286,020	$	268,184	$	555,066	$	502,306
Operating Earnings
	Industrial	$	51,530	$	43,171	$	106,749	$	91,484
	Contractor		24,479		17,965		40,911		30,504
	Lubrication		6,647		5,543		11,788		11,632
	Unallocated corporate (expense)		(7,439)		(14,204)		(12,734)		(23,176)
Total		$	75,217	$	52,475	$	146,714	$	110,444

Unallocated corporate expenses in 2012 includedacquisition-related expenses of $7 million in the second quarter and $11 million for the year-to-date.

Assets by segment were as follows (in thousands):

	Jun 28,		Dec 28,
	2013		2012
Industrial	$	566,743	$	567,879
Contractor		169,665		141,094
Lubrication		83,856		84,079
Unallocated corporate		520,236		528,682
Total	$	1,340,500	$	1,321,734

Geographic information follows (in thousands):

		Thirteen Weeks Ended				Twenty-six Weeks Ended
		Jun 28,		Jun 29,		Jun 28,		Jun 29,
		2013		2012		2013		2012
Net sales
(based on customer location)
	United States	$	135,173	$	116,454	$	251,254	$	220,622
	Other countries		150,847		151,730		303,812		281,684
Total		$	286,020	$	268,184	$	555,066	$	502,306
		Jun 28,		Dec 28,
		2013		2012
Long-lived assets
	United States	$	117,255	$	119,331
	Other countries		31,775		32,213
Total		$	149,030	$	151,544