Business Segments

9 Months Ended

Jun. 30, 2011

Business Segments [Abstract]

BUSINESS SEGMENTS

L. BUSINESS SEGMENTS

We manage our business through operating segments, which are comprised of two reportable business segments: Electrical Power Products and Process Control Systems. Electrical Power Products includes equipment and systems for the distribution and control of electrical energy. Process Control Systems consists principally of instrumentation, computer controls, communications and data management systems to control and manage critical processes.

The table below reflects certain information relating to our operations by business segment. All revenues represent sales from unaffiliated customers. The accounting policies of the business segments are the same as those described in the summary of significant accounting policies. Corporate expenses are allocated to the operating business segments primarily based on revenues.

Detailed information regarding our business segments is shown below (in thousands):

	Three Months Ended				Nine Months Ended
	June 30,				June 30,
	2011		2010		2011			2010
Revenues:
Electrical Power Products	$	135,191	$	129,396	$	371,397		$	390,926
Process Control Systems		6,944		9,484		21,010			26,005
Total	$	142,135	$	138,880	$	392,407		$	416,931
Gross profit:
Electrical Power Products	$	21,422	$	35,131	$	69,637		$	103,158
Process Control Systems		2,076		3,113		5,369			9,436
Total	$	23,498	$	38,244	$	75,006		$	112,594
Income before income taxes:
Electrical Power Products	$	2,689	$	14,939	$	10,968		$	43,107
Process Control Systems		140		910		(390	)		3,041
Total	$	2,829	$	15,849	$	10,578		$	46,148
Depreciation and amortization expense:
Electrical Power Products	$	3,951	$	3,567	$	11,325		$	9,813
Process Control Systems		39		43		123			133
Total	$	3,990	$	3,610	$	11,448		$	9,946

Income before income taxes includes a $1.2 million gain recorded in the second quarter of fiscal 2011 resulting from cash received from the sale of our 50% equity investment in Kazakhstan. This gain is recorded in our Electrical Power Products business segment.