Business Segments

6 Months Ended

Jun. 30, 2014

Business Segments [Abstract]

Business Segments

10. Business Segments

Sales and operating profit by industry segment are set forth in the following table (dollars in thousands):

	Three months ended June 30,							Six months ended June 30,
	2014		2013		Change			2014		2013		Change
Net sales:
Industrial Technology	$	204,814	$	197,543		3.7	%	$	401,815	$	379,782		5.8	%
Energy Systems & Controls		165,868		155,331		6.8	%		321,039		300,973		6.7	%
Medical & Scientific Imaging		268,891		207,957		29.3	%		525,090		408,401		28.6	%
RF Technology		245,602		223,179		10.0	%		471,283		431,989		9.1	%
Total	$	885,175	$	784,010		12.9	%	$	1,719,227	$	1,521,145		13.0	%
Gross profit:
Industrial Technology	$	103,982	$	101,844		2.1	%	$	202,452	$	195,155		3.7	%
Energy Systems & Controls		95,857		87,421		9.6	%		181,822		168,327		8.0	%
Medical & Scientific Imaging		194,756		138,416		40.7	%		379,606		273,285		38.9	%
RF Technology		128,587		117,826		9.1	%		248,238		230,316		7.8	%
Total	$	523,182	$	445,507		17.4	%	$	1,012,118	$	867,083		16.7	%
Operating profit*:
Industrial Technology	$	60,438	$	50,580		19.5	%	$	116,494	$	103,525		12.5	%
Energy Systems & Controls		44,786		41,634		7.6	%		81,811		77,356		5.8	%
Medical & Scientific Imaging		94,381		47,537		98.5	%		184,152		107,465		71.4	%
RF Technology		71,272		60,729		17.4	%		133,832		117,359		14.0	%
Total	$	270,877	$	200,480		35.1	%	$	516,289	$	405,705		27.3	%
Long-lived assets:
Industrial Technology	$	48,848	$	46,565		4.9	%
Energy Systems & Controls		18,027		19,361		(6.9	)%
Medical & Scientific Imaging		39,815		42,926		(7.2	)%
RF Technology		29,503		28,298		4.3	%
Total	$	136,193	$	137,150		(0.7	)%

*Segment operating profit is before unallocated corporate general and administrative expenses. These expenses were $24,211 and $20,734 for the three months ended June 30, 2014 and 2013, respectively, and $46,223 and $40,782 for the six months ended June 30, 2014 and 2013, respectively.