Information on Business Segments (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables set forth information about the Company's operations by its two reportable segments:

	Three months ended March 31,
	2016			2015
Net sales
Industrial	$	195,246		$	200,349
Aerospace	93,087			100,224
Intersegment sales	(1		)	—
Total net sales	$	288,332		$	300,573
Operating profit
Industrial	$	29,644		$	30,979
Aerospace	11,883			12,916
Total operating profit	41,527			43,895
Interest expense	2,991			2,720
Other expense (income), net	227			81
Income before income taxes	$	38,309		$	41,094

	March 31, 2016		December 31, 2015
Assets
Industrial	$	1,274,423	$	1,241,206
Aerospace	648,851		654,147
Other (A)	153,565		166,513
Total assets	$	2,076,839	$	2,061,866

(A) "Other" assets include corporate-controlled assets, the majority of which are cash and deferred tax assets.