Business Segments (Tables)

3 Months Ended

Mar. 31, 2017

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   March 31,
	2017			2016 (1)
Net sales
Fluid & Metering Technologies
External customers	$	216,655		$	211,709
Intersegment sales	115			134
Total group sales	216,770			211,843
Health & Science Technologies
External customers	199,575			186,251
Intersegment sales	104			92
Total group sales	199,679			186,343
Fire & Safety/Diversified Products
External customers	137,322			104,612
Intersegment sales	125			6
Total group sales	137,447			104,618
Intersegment elimination	(344		)	(232		)
Total net sales	$	553,552		$	502,572
Operating income
Fluid & Metering Technologies	$	57,813		$	51,703
Health & Science Technologies	42,238			40,682
Fire & Safety/Diversified Products	32,626			25,654
Corporate office expense and other (2)	(17,006		)	(14,694		)
Total operating income	115,671			103,345
Interest expense	11,552			10,489
Other (income) expense - net	(308		)	44
Income before income taxes	$	104,427		$	92,812
(1) Certain amounts in the prior year income statement have been reclassified to conform to the current presentation due to the early adoption of ASU 2017-07.
(2) Corporate office expense for the three months ended March 31, 2016 includes a $3.7 million benefit from the reversal of the contingent consideration related to a 2015 acquisition.

	March 31, 2017		December 31, 2016
Assets
Fluid & Metering Technologies	$	1,079,230	$	1,065,670
Health & Science Technologies	1,281,976		1,266,036
Fire & Safety/Diversified Products	709,135		705,735
Corporate office	93,444		117,503
Total assets	$	3,163,785	$	3,154,944