Business Segments (Tables)

6 Months Ended

Jun. 30, 2013

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 at fair value as if the sales were to third parties.

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
	(In thousands)
Net sales:
Fluid & Metering Technologies:
External customers	$	225,214		$	210,365		$	436,621		$	422,831
Intersegment sales		274			350			622			602
Total group sales		225,488			210,715			437,243			423,433
Health & Science Technologies:
External customers		179,111			168,742			350,785			341,963
Intersegment sales		1,756			1,821			2,950			2,386
Total group sales		180,867			170,563			353,735			344,349
Fire & Safety/Diversified Products:
External customers		114,120			115,037			225,487			218,767
Intersegment sales		116			887			262			1,207
Total group sales		114,236			115,924			225,749			219,974
Intersegment elimination		(2,146	)		(3,058	)		(3,834	)		(4,195	)
Total net sales	$	518,445		$	494,144			1,012,893		$	983,561
Operating income:
Fluid & Metering Technologies	$	56,115		$	46,302		$	104,194		$	90,828
Health & Science Technologies		34,522			27,136			66,789			57,406
Fire & Safety/Diversified Products		23,676			26,098			51,908			49,786
Corporate office and other		(14,754	)		(10,886	)		(28,620	)		(24,801	)
Total operating income		99,559			88,650			194,271			173,219
Interest expense		10,597			10,536			21,154			21,198
Other income (expense)-net		(573	)		(230	)		706			(113	)
Income before income taxes	$	88,389		$	77,884		$	173,823		$	151,908

	June 30, 2013		December 31, 2012
	(In thousands)
Assets:
Fluid & Metering Technologies	$	1,042,770	$	1,023,143
Health & Science Technologies		1,121,697		1,102,868
Fire & Safety/Diversified Products		492,171		488,886
Corporate office and other(1)		171,014		170,493
Total assets	$	2,827,652	$	2,785,390

(1) Includes intersegment eliminations.