Business Segments (Tables)

9 Months Ended

Sep. 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 September 30,						Nine Months Ended September 30,
	2013			2012			2013			2012
	(In thousands)
Net sales:
Fluid & Metering Technologies:
External customers	$	212,054		$	197,620		$	648,675		$	620,451
Intersegment sales	283			380			905			982
Total group sales	212,337			198,000			649,580			621,433
Health & Science Technologies:
External customers	177,674			174,351			528,459			516,314
Intersegment sales	954			1,874			3,904			4,260
Total group sales	178,628			176,225			532,363			520,574
Fire & Safety/Diversified Products:
External customers	100,889			107,888			326,376			326,655
Intersegment sales	188			311			450			1,518
Total group sales	101,077			108,199			326,826			328,173
Intersegment elimination	(1,425		)	(2,565		)	(5,259		)	(6,760		)
Total net sales	$	490,617		$	479,859		$	1,503,510		$	1,463,420
Operating income:
Fluid & Metering Technologies	$	51,736		$	41,649		$	155,930		$	132,477
Health & Science Technologies	36,775			27,305			103,564			84,711
Fire & Safety/Diversified Products	22,119			24,738			74,027			74,524
Corporate office and other	(13,261		)	(13,104		)	(41,881		)	(37,905		)
Total operating income	97,369			80,588			291,640			253,807
Interest expense	10,570			10,536			31,724			31,734
Other income (expense)-net	(188		)	132			518			19
Income before income taxes	$	86,611		$	70,184		$	260,434		$	222,092



	September 30, 2013		December 31, 2012
	(In thousands)
Assets:
Fluid & Metering Technologies	$	1,053,338	$	1,023,143
Health & Science Technologies	1,133,401		1,102,868
Fire & Safety/Diversified Products	495,163		488,886
Corporate office and other⁽¹⁾	167,479		170,493
Total assets	$	2,849,381	$	2,785,390


(1)	Includes intersegment eliminations.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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