SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

6 Months Ended

Jun. 30, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Components of inventories

	June 30, 2012		December 31, 2011
Raw materials and purchased parts	$	220,974	$	202,953
Work-in-process		39,356		28,053
Finished goods and manufactured goods		229,528		212,312
Subtotal		489,858		443,318
Less: LIFO reserve		48,562		49,536
	$	441,296	$	393,782

Summary of earnings before income taxes and equity in earnings of nonconsolidated subsidiaries

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	2012		2011		2012		2011
United States	$	68,132	$	36,203	$	130,827	$	62,320
Foreign		21,732		24,138		37,703		37,228
	$	89,864	$	60,341	$	168,530	$	99,548

Compensation expense (included in selling, general and administrative expenses) and associated income tax benefits related to stock option

	Thirteen Weeks Ended June 30, 2012		Thirteen Weeks Ended June 25, 2011		Twenty-six Weeks Ended June 30, 2012		Twenty-six Weeks Ended June 25, 2011
Compensation expense	$	1,245	$	1,215	$	2,490	$	2,467
Income tax benefits		479		468		959		950

Schedule of Trading Securities measured at fair value

			Fair Value Measurement Using:
	Carrying Value June 30, 2012		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Trading Securities	$	21,342	$	21,342	$	—	$	—

			Fair Value Measurement Using:
	Carrying Value December 31, 2011		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Trading Securities	$	19,152	$	19,152	$	—	$	—

Components of accumulated other comprehensive income (loss)

	June 30, 2012			December 31, 2011
Foreign currency translation adjustment	$	13,772		$	16,070
Actuarial gain in defined benefit pension plan		51,950			51,317
Loss on cash flow hedge, net of amortization		(3,135	)		(3,335	)
	$	62,587		$	64,052