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SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2011
SEGMENT INFORMATION  
Financial information regarding the Company's reportable segments

 

   
 
 
Years Ended December 31,
  2011
  2010
  2009
 
 
 

Total Sales:

                   

Beauty + Home

  $ 1,531,479   $ 1,391,335   $ 1,204,253  

Pharma

    554,708     476,376     451,175  

Food + Beverage

    269,968     222,629     199,767  

Other

    7     170     195  
           

Total Sales

  $ 2,356,162   $ 2,090,510   $ 1,855,390  

Less: Intersegment Sales:

                   

Beauty + Home

  $ 15,174   $ 11,270   $ 11,078  

Pharma

    778     129     209  

Food + Beverage

    3,020     2,227     2,294  

Other

    7     165     193  
           

Total Intersegment Sales

  $ 18,979   $ 13,791   $ 13,774  

Net Sales:

                   

Beauty + Home

  $ 1,516,305   $ 1,380,065   $ 1,193,175  

Pharma

    553,930     476,247     450,966  

Food + Beverage

    266,948     220,402     197,473  

Other

        5     2  
           

Net Sales

  $ 2,337,183   $ 2,076,719   $ 1,841,616  

Segment Income (1):

                   

Beauty + Home

  $ 130,888   $ 132,172   $ 68,230  

Pharma

    164,390     134,531     128,006  

Food + Beverage

    27,802     27,796     27,540  

Corporate and Other

    (36,560 )   (28,991 )   (26,566 )
           

Income before

                   

interest and taxes

  $ 286,520   $ 265,508   $ 197,210  

Interest expense, net

    (11,578 )   (11,123 )   (13,152 )
           

Income before income taxes

  $ 274,942   $ 254,385   $ 184,058  
               

Depreciation and Amortization:

                   

Beauty + Home

  $ 90,038   $ 91,891   $ 93,903  

Pharma

    28,084     26,638     24,608  

Food + Beverage

    13,413     12,065     12,245  

Other

    2,708     2,365     2,257  
           

Depreciation and Amortization

  $ 134,243   $ 132,959   $ 133,013  

Capital Expenditures:

                   

Beauty + Home

  $ 101,913   $ 75,659   $ 77,280  

Pharma

    26,911     19,401     26,839  

Food + Beverage

    47,135     15,421     15,377  

Other

    3,733     8,323     25,430  
           

Capital Expenditures

  $ 179,692   $ 118,804   $ 144,926  

Total Assets:

                   

Beauty + Home

  $ 1,232,009   $ 1,180,928   $ 1,127,385  

Pharma

    404,939     354,512     362,722  

Food + Beverage

    199,170     140,931     136,453  

Other

    323,177     356,347     329,633  
           

Total Assets

  $ 2,159,295   $ 2,032,718   $ 1,956,193  
(1)
The Company evaluates performance of its business units and allocates resources based upon segment income. Segment income is defined as earnings before net interest expense, certain corporate expenses and income taxes.
Consolidation/severance expenses, by segment

 

CONSOLIDATION/SEVERANCE EXPENSES
  2011
  2010
  2009
 
 
 

Beauty + Home

  $ 70   $ (46 ) $ (4,030 )

Pharma

            (433 )

Food + Beverage

    1     (47 )   (3,100 )
               

Total Consolidation/Severance

                   

Expenses

  $ 71   $ (93 ) $ (7,563 )
               
Schedule of net sales and long-lived asset information by geographic area and product information

 

 

   
 
 
 
  2011
  2010
  2009
 
 
 

Net Sales to Unaffiliated Customers (1):

                   

United States

  $ 636,060   $ 594,467   $ 519,671  

Europe:

                   

France

    630,172     557,595     483,051  

Germany

    308,847     255,013     240,302  

Italy

    168,885     152,138     129,257  

Other Europe

    232,132     226,293     220,425  
           

Total Europe

    1,340,036     1,191,039     1,073,035  

Other Foreign Countries

    361,087     291,213     248,910  
           

Total

  $ 2,337,183   $ 2,076,719   $ 1,841,616  
               

Plant, Property & Equipment:

                   

United States

  $ 174,029   $ 174,831   $ 156,138  

Europe:

                   

France

    199,975     202,954     245,432  

Germany

    136,136     138,027     154,095  

Italy

    68,684     73,353     77,239  

Other Europe

    64,921     59,859     62,013  
           

Total Europe

    469,716     474,193     538,779  

Other Foreign Countries

    110,970     75,960     69,151  
           

Total

  $ 754,715   $ 724,984   $ 764,068  
               

Product Net Sales Information:

                   

Pumps

  $ 1,114,276   $ 1,011,992   $ 895,188  

Closures

    615,243     527,772     465,001  

Valves

    316,900     299,042     277,641  

Other

    290,764     237,913     203,786  
           

Total

  $ 2,337,183   $ 2,076,719   $ 1,841,616  
               
(1)
Sales are attributed to countries based upon where the sales invoice to unaffiliated customers is generated.