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Segment and Geographic Information (Tables)
6 Months Ended
Jun. 29, 2012
Segment Reporting Information [Line Items]  
Schedule of Segment Reporting Information, by Segment
Summarized financial information by business segment is as follows:
 
 
For the Three Months Ended
 
For the Six Months Ended
In thousands
 
June 29,
2012
 
July 1,
2011
 
June 29,
2012
 
July 1,
2011
Net sales:
 
 
 
 
 
 
 
 
Industrial Distribution
 
$
258,116

 
$
239,307

 
$
515,754

 
$
478,177

Aerospace
 
147,364

 
145,779

 
278,448

 
284,732

Net sales
 
$
405,480

 
$
385,086

 
$
794,202

 
$
762,909

Operating income:
 
 

 
 

 
 
 
 
Industrial Distribution
 
$
14,645

 
$
12,636

 
$
27,425

 
$
24,750

Aerospace
 
26,158

 
22,360

 
42,059

 
43,779

Net gain (loss) on sale of assets
 
8

 
(34
)
 
32

 
(36
)
Corporate expense
 
(12,312
)
 
(10,883
)
 
(23,837
)
 
(19,855
)
Operating income
 
28,499

 
24,079

 
45,679

 
48,638

Interest expense, net
 
2,831

 
2,821

 
5,710

 
5,891

Other expense (income), net
 
84

 
(25
)
 
(163
)
 
(414
)
Earnings before income taxes
 
25,584

 
21,283

 
40,132

 
43,161

Income tax expense
 
9,105

 
7,256

 
14,250

 
14,942

Net earnings
 
$
16,479

 
$
14,027

 
$
25,882

 
$
28,219