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Business Segments (Tables)
9 Months Ended
Sep. 30, 2019
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 September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
Net sales
 
 
 
 
 
 
 
Fluid & Metering Technologies
 
 
 
 
 
 
 
External customers
$
240,758

 
$
239,119

 
$
729,205

 
$
714,135

Intersegment sales
103

 
94

 
367

 
211

Total segment sales
240,861

 
239,213

 
729,572

 
714,346

Health & Science Technologies
 
 
 
 
 
 
 
External customers
228,988

 
222,351

 
685,848

 
670,685

Intersegment sales
622

 
75

 
1,305

 
219

Total segment sales
229,610

 
222,426

 
687,153

 
670,904

Fire & Safety/Diversified Products
 
 
 
 
 
 
 
External customers
154,500

 
161,418

 
473,523

 
484,752

Intersegment sales
43

 
414

 
1,222

 
553

Total segment sales
154,543

 
161,832

 
474,745

 
485,305

Intersegment elimination
(768
)
 
(583
)
 
(2,894
)
 
(983
)
Total net sales
$
624,246

 
$
622,888

 
$
1,888,576

 
$
1,869,572

Operating income
 
 
 
 
 
 
 
Fluid & Metering Technologies
$
77,481

 
$
69,755

 
$
223,493

 
$
207,149

Health & Science Technologies
40,170

 
49,144

 
151,087

 
153,519

Fire & Safety/Diversified Products
41,967

 
44,726

 
125,909

 
130,162

Corporate office
(17,853
)
 
(18,492
)
 
(55,659
)
 
(61,183
)
Total operating income
141,765

 
145,133

 
444,830

 
429,647

Interest expense
11,330

 
10,958

 
33,262

 
33,098

Other (income) expense - net
1,219

 
934

 
701

 
(3,565
)
Income before income taxes
$
129,216

 
$
133,241

 
$
410,867

 
$
400,114

 
September 30,
2019
 
December 31,
2018
Assets
 
 
 
Fluid & Metering Technologies
$
1,121,170

 
$
1,107,777

Health & Science Technologies
1,510,210

 
1,329,368

Fire & Safety/Diversified Products
812,798

 
806,075

Corporate office
269,717

 
230,637

Total assets
$
3,713,895

 
$
3,473,857