Information on Business Segments (Tables)

9 Months Ended

Sep. 30, 2018

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 September 30,						Nine months ended September 30,
	2018			2017			2018			2017
Net sales
Industrial	$	244,133		$	240,390		$	739,677		$	719,556
Aerospace	125,665			116,767			372,102			343,899
Intersegment sales	(1		)	(1		)	(7		)	(4		)
Total net sales	$	369,797		$	357,156		$	1,111,772		$	1,063,451
Operating profit
Industrial	$	33,329		$	30,336		$	104,004		$	95,117
Aerospace	25,734			18,562			75,571			60,818
Total operating profit	59,063			48,898			179,575			155,935
Interest expense	4,054			3,748			12,078			10,638
Other expense (income), net	2,447			1,469			5,157			(3,965		)
Income before income taxes	$	52,562		$	43,681		$	162,340		$	149,262

	September 30, 2018		December 31, 2017
Assets
Industrial	$	1,514,361	$	1,505,355
Aerospace	693,975		667,085
Other (A)	136,107		193,276
Total assets	$	2,344,443	$	2,365,716

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