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Business Segments (Tables)
3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Schedule of Information On Company's Business Segments
Information on the Company’s business segments is presented below, based on the nature of products and services offered. The Company evaluates performance based on several factors, of which operating income is the primary financial measure. Intersegment sales are accounted for at fair value as if the sales were to third parties.
 
 
 
Three Months Ended 
 March 31,
 
 
2015
 
2014
Net sales
 
 
 
 
Fluid & Metering Technologies
 
 
 
 
External customers
 
$
217,932

 
$
223,007

Intersegment sales
 
316

 
354

Total group sales
 
218,248

 
223,361

Health & Science Technologies
 
 
 
 
External customers
 
177,750

 
183,892

Intersegment sales
 
1,370

 
2,483

Total group sales
 
179,120

 
186,375

Fire & Safety/Diversified Products
 
 
 
 
External customers
 
106,516

 
137,097

Intersegment sales
 
106

 
187

Total group sales
 
106,622

 
137,284

Intersegment elimination
 
(1,792
)
 
(3,024
)
Total net sales
 
$
502,198

 
$
543,996

Operating income
 
 
 
 
Fluid & Metering Technologies
 
$
55,898

 
$
56,407

Health & Science Technologies
 
37,457

 
36,229

Fire & Safety/Diversified Products
 
27,162

 
39,648

Corporate office and other
 
(18,760
)
 
(18,449
)
Total operating income
 
101,757

 
113,835

Interest expense
 
10,597

 
10,457

Other (income) expense - net
 
(1,723
)
 
(844
)
Income before income taxes
 
$
92,883

 
$
104,222


 
March 31,
2015
 
December 31,
2014
Assets
 
 
 
Fluid & Metering Technologies
$
1,010,091

 
$
1,026,238

Health & Science Technologies
1,091,505

 
1,101,155

Fire & Safety/Diversified Products
499,233

 
510,841

Corporate office
268,325

 
269,836

Total assets
$
2,869,154

 
$
2,908,070