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Segment and Geographic Information (Tables)
6 Months Ended
Jul. 03, 2015
Segment Reporting [Abstract]  
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
 
July 3,
2015
 
June 27,
2014
 
July 3,
2015
 
June 27,
2014
Net sales:
 
 
 
 
 
 
 
 
Distribution
 
$
304,050

 
$
298,115

 
$
615,521

 
$
557,011

Aerospace
 
142,274

 
154,903

 
273,585

 
303,965

Net sales
 
$
446,324

 
$
453,018

 
$
889,106

 
$
860,976

Operating income:
 
 

 
 

 
 
 
 
Distribution
 
$
15,403

 
$
16,176

 
$
28,367

 
$
27,909

Aerospace
 
29,153

 
26,681

 
50,974

 
48,702

Net gain/(loss) on sale of assets
 
432

 
(59
)
 
405

 
(173
)
Corporate expense
 
(14,557
)
 
(14,356
)
 
(26,985
)
 
(26,412
)
Operating income from continuing operations
 
30,431

 
28,442

 
52,761

 
50,026

Interest expense, net
 
3,222

 
3,373

 
6,549

 
6,504

Other (income) expense, net
 
(1
)
 
240

 
(65
)
 
320

Earnings before income taxes from continuing operations
 
27,210

 
24,829

 
46,277

 
43,202

Income tax expense
 
5,519

 
8,120

 
11,837

 
14,549

Earnings from continuing operations
 
$
21,691

 
$
16,709

 
$
34,440

 
$
28,653