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Business Segments (Tables)
6 Months Ended
Jun. 30, 2016
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 as if the sales were to third parties.
 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2016
 
2015
 
2016
 
2015
Net sales
 
 
 
 
 
 
 
Fluid & Metering Technologies
 
 
 
 
 
 
 
External customers
$
221,635

 
$
214,983

 
$
433,344

 
$
432,915

Intersegment sales
175

 
310

 
309

 
626

Total group sales
221,810

 
215,293

 
433,653

 
433,541

Health & Science Technologies
 
 
 
 
 
 
 
External customers
186,453

 
188,046

 
372,704

 
365,796

Intersegment sales
115

 
359

 
207

 
1,729

Total group sales
186,568

 
188,405

 
372,911

 
367,525

Fire & Safety/Diversified Products
 
 
 
 
 
 
 
External customers
141,608

 
111,852

 
246,220

 
218,368

Intersegment sales
3

 
89

 
9

 
195

Total group sales
141,611

 
111,941

 
246,229

 
218,563

Intersegment elimination
(293
)
 
(758
)
 
(525
)
 
(2,550
)
Total net sales
$
549,696

 
$
514,881

 
$
1,052,268

 
$
1,017,079

Operating income
 
 
 
 
 
 
 
Fluid & Metering Technologies
$
53,865

 
$
51,857

 
$
105,266

 
$
107,755

Health & Science Technologies
41,125

 
42,060

 
81,824

 
79,517

Fire & Safety/Diversified Products
34,116

 
31,482

 
59,520

 
58,644

Corporate office and other
(16,130
)
 
(15,490
)
 
(31,077
)
 
(34,250
)
Total operating income
112,976

 
109,909

 
215,533

 
211,666

Interest expense
11,205

 
10,584

 
21,694

 
21,181

Other (income) expense - net
(1,874
)
 
827

 
(2,618
)
 
(896
)
Income before income taxes
$
103,645

 
$
98,498

 
$
196,457

 
$
191,381


 
June 30,
2016
 
December 31,
2015
Assets
 
 
 
Fluid & Metering Technologies
$
1,118,917

 
$
1,125,266

Health & Science Technologies
1,110,302

 
1,108,302

Fire & Safety/Diversified Products
753,491

 
448,867

Corporate office
126,646

 
123,008

Total assets
$
3,109,356

 
$
2,805,443