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Segment and Geographic Information (Tables)
9 Months Ended
Sep. 28, 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 Nine Months Ended
In thousands
 
September 28,
2012
 
September 30,
2011
 
September 28,
2012
 
September 30,
2011
Net sales:
 
 
 
 
 
 
 
 
Industrial Distribution
 
$
263,328

 
$
239,132

 
$
779,082

 
$
717,309

Aerospace
 
151,285

 
117,388

 
429,733

 
402,120

Net sales
 
$
414,613

 
$
356,520

 
$
1,208,815

 
$
1,119,429

Operating income:
 
 

 
 

 
 
 
 
Industrial Distribution
 
$
13,171

 
$
12,252

 
$
40,596

 
$
37,002

Aerospace
 
24,410

 
19,173

 
66,469

 
62,952

Net gain (loss) on sale of assets
 
(53
)
 
(14
)
 
(21
)
 
(50
)
Corporate expense
 
(12,419
)
 
(10,092
)
 
(36,256
)
 
(29,947
)
Operating income
 
25,109

 
21,319

 
70,788

 
69,957

Interest expense, net
 
2,924

 
2,733

 
8,634

 
8,624

Other expense (income), net
 
(71
)
 
(176
)
 
(234
)
 
(590
)
Earnings before income taxes
 
22,256

 
18,762

 
62,388

 
61,923

Income tax expense
 
7,274

 
5,797

 
21,524

 
20,739

Net earnings
 
$
14,982

 
$
12,965

 
$
40,864

 
$
41,184