XML 24 R31.htm IDEA: XBRL DOCUMENT v3.20.1
Business Segments (Tables)
3 Months Ended
Mar. 31, 2020
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,
 
 
2020
 
2019
Net sales
 
 
 
 
Fluid & Metering Technologies
 
 
 
 
External customers
 
$
226,712

 
$
242,336

Intersegment sales
 
149

 
186

Total segment sales
 
226,861

 
242,522

Health & Science Technologies
 
 
 
 
External customers
 
223,456

 
224,688

Intersegment sales
 
603

 
602

Total segment sales
 
224,059

 
225,290

Fire & Safety/Diversified Products
 
 
 
 
External customers
 
144,294

 
155,207

Intersegment sales
 
30

 
952

Total segment sales
 
144,324

 
156,159

Intersegment elimination
 
(782
)
 
(1,740
)
Total net sales
 
$
594,462

 
$
622,231

Operating income
 
 
 
 
Fluid & Metering Technologies
 
$
66,771

 
$
71,866

Health & Science Technologies
 
52,643

 
54,154

Fire & Safety/Diversified Products
 
38,037

 
40,328

Corporate office
 
(17,510
)
 
(18,566
)
Total operating income
 
139,941

 
147,782

Interest expense
 
10,877

 
10,921

Other (income) expense - net
 
1,565

 
(140
)
Income before income taxes
 
$
127,499

 
$
137,001

 
March 31,
2020
 
December 31,
2019
Assets
 
 
 
Fluid & Metering Technologies
$
1,349,083

 
$
1,150,712

Health & Science Technologies
1,488,273

 
1,507,108

Fire & Safety/Diversified Products
797,271

 
825,398

Corporate office
309,050

 
330,694

Total assets
$
3,943,677

 
$
3,813,912