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Segment and Geographic Information (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Summarized Financial Information by Business Segment
Summarized financial information by business segment is as follows:
 
 
For the Three Months Ended
 
For the Nine Months Ended
In thousands
 
September 30,
2016
 
October 2,
2015
 
September 30,
2016
 
October 2,
2015
Net sales:
 
 
 
 
 
 
 
 
Distribution
 
$
274,388

 
$
296,312

 
$
849,104

 
$
911,832

Aerospace
 
179,086

 
137,430

 
526,210

 
411,016

Net sales
 
$
453,474

 
$
433,742

 
$
1,375,314

 
$
1,322,848

Operating income:
 
 

 
 

 
 
 
 
Distribution
 
$
11,872

 
$
14,422

 
$
36,148

 
$
42,789

Aerospace
 
29,616

 
27,801

 
81,374

 
78,775

Net gain/(loss) on sale of assets
 
(24
)
 
10

 
(10
)
 
415

Corporate expense
 
(10,402
)
 
(12,450
)
 
(38,253
)
 
(39,435
)
Operating income
 
31,062

 
29,783

 
79,259

 
82,544

Interest expense, net
 
4,165

 
3,208

 
11,960

 
9,757

Other expense (income), net
 
(332
)
 
185

 
243

 
120

Earnings before income taxes
 
27,229

 
26,390

 
67,056

 
72,667

Income tax expense
 
9,774

 
9,166

 
23,329

 
21,003

Net earnings
 
$
17,455

 
$
17,224

 
$
43,727

 
$
51,664