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Acquisitions
3 Months Ended
Mar. 30, 2013
Business Combinations [Abstract]  
Acquisitions
ACQUISITIONS
The results of operations for acquired businesses are included in the Condensed Consolidated Financial Statements from the dates of acquisition. Acquisition related expenses, which were recorded in operating expenses, were $0.5 million and $0.3 million for the three months ended March 29, 2014 and March 30, 2013, respectively.
2014 Acquisitions
On February 7, 2014, the Company acquired Hy-Bon Engineering Company, Inc. (Hy-Bon) for $77.0 million, net of cash. The allocation of the purchase price is preliminary as of March 29, 2014. Hy-Bon is a leader in vapor recovery solutions for oil and gas applications and is reported in the Electrical segment.
2013 Acquisitions
On February 8, 2013, the Company acquired the RAM motor business previously owned by Schneider Electric for $6.0 million. This business manufactures hermetic motors from 250 hp to 2,500 hp for commercial HVAC applications and is reported in the Electrical segment.

On November 19, 2013, the Company acquired Cemp s.r.l. ("Cemp"), an Italy based electric motor company for $32.0 million, net of cash. Cemp is a leading designer, manufacturer and marketer of flameproof electric motors, and is reported in the Electrical segment.