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Business Segments (Tables)
9 Months Ended
Sep. 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 
 September 30,
 
Nine Months Ended 
 September 30,
 
2016
 
2015
 
2016
 
2015
Net sales
 
 
 
 
 
 
 
Fluid & Metering Technologies
 
 
 
 
 
 
 
External customers
$
208,164

 
$
211,971

 
$
641,508

 
$
644,886

Intersegment sales
171

 
130

 
480

 
756

Total group sales
208,335

 
212,101

 
641,988

 
645,642

Health & Science Technologies
 
 
 
 
 
 
 
External customers
183,453

 
184,816

 
556,157

 
550,612

Intersegment sales
111

 
77

 
318

 
1,806

Total group sales
183,564

 
184,893

 
556,475

 
552,418

Fire & Safety/Diversified Products
 
 
 
 
 
 
 
External customers
138,739

 
107,004

 
384,959

 
325,372

Intersegment sales
28

 
5

 
37

 
200

Total group sales
138,767

 
107,009

 
384,996

 
325,572

Intersegment elimination
(310
)
 
(212
)
 
(835
)
 
(2,762
)
Total net sales
$
530,356

 
$
503,791

 
$
1,582,624

 
$
1,520,870

Operating income
 
 
 
 
 
 
 
Fluid & Metering Technologies
$
55,600

 
$
46,910

 
$
160,866

 
$
154,665

Health & Science Technologies
37,204

 
38,371

 
119,028

 
117,888

Fire & Safety/Diversified Products
32,189

 
32,536

 
91,709

 
91,180

Corporate office income (expense) and other (1)
(16,136
)
 
3,996

 
(47,213
)
 
(30,254
)
Total operating income
108,857

 
121,813

 
324,390

 
333,479

Interest expense
11,913

 
10,229

 
33,607

 
31,410

Other (income) expense - net
(2,364
)
 
(693
)
 
(4,982
)
 
(1,589
)
Income before income taxes
$
99,308

 
$
112,277

 
$
295,765

 
$
303,658

(1) 2016 includes a $2.1 million loss on sale of businesses and 2015 includes an $18.1 million gain on the sale of business.

 
September 30,
2016
 
December 31,
2015
Assets
 
 
 
Fluid & Metering Technologies
$
1,084,118

 
$
1,125,266

Health & Science Technologies
1,323,130

 
1,108,302

Fire & Safety/Diversified Products
741,427

 
448,867

Corporate office
113,789

 
123,008

Total assets
$
3,262,464

 
$
2,805,443