XML 40 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Business Segments (Tables)
3 Months Ended
Mar. 31, 2018
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 sales, operating income, and operating margin are the primary financial measures. Intersegment sales are accounted for at fair value as if the sales were to third parties.
 
 
 
Three Months Ended 
 March 31,
 
 
2018
 
2017
Net sales
 
 
 
 
Fluid & Metering Technologies
 
 
 
 
External customers
 
$
232,261

 
$
216,655

Intersegment sales
 
72

 
115

Total segment sales
 
232,333

 
216,770

Health & Science Technologies
 
 
 
 
External customers
 
220,967

 
199,575

Intersegment sales
 
108

 
104

Total segment sales
 
221,075

 
199,679

Fire & Safety/Diversified Products
 
 
 
 
External customers
 
159,096

 
137,322

Intersegment sales
 
77

 
125

Total segment sales
 
159,173

 
137,447

Intersegment elimination
 
(257
)
 
(344
)
Total net sales
 
$
612,324

 
$
553,552

Operating income
 
 
 
 
Fluid & Metering Technologies
 
$
66,166

 
$
57,813

Health & Science Technologies
 
51,806

 
42,238

Fire & Safety/Diversified Products
 
39,554

 
32,626

Corporate office
 
(20,843
)
 
(17,006
)
Total operating income
 
136,683

 
115,671

Interest expense
 
11,000

 
11,552

Other (income) expense - net
 
(4,449
)
 
(308
)
Income before income taxes
 
$
130,132

 
$
104,427


 
March 31,
2018
 
December 31,
2017
Assets
 
 
 
Fluid & Metering Technologies
$
1,138,501

 
$
1,101,580

Health & Science Technologies
1,339,090

 
1,323,373

Fire & Safety/Diversified Products
771,702

 
744,515

Corporate office
236,166

 
230,160

Total assets
$
3,485,459

 
$
3,399,628