SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Sep. 29, 2012

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Components of inventories

	September 29, 2012		December 31, 2011
Raw materials and purchased parts	$	218,177	$	202,953
Work-in-process		40,298		28,053
Finished goods and manufactured goods		221,620		212,312
Subtotal		480,095		443,318
Less: LIFO reserve		47,406		49,536
	$	432,689	$	393,782

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

	Thirteen Weeks Ended				Thirty-nine Weeks Ended
	2012		2011		2012		2011
United States	$	48,524	$	33,005	$	179,351	$	95,325
Foreign		36,829		32,828		74,532		70,056
	$	85,353	$	65,833	$	253,883	$	165,381

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

	Thirteen Weeks Ended September 29, 2012		Thirteen Weeks Ended September 24, 2011		Thirty-nine Weeks Ended September 29, 2012		Thirty-nine Weeks Ended September 24, 2011
Compensation expense	$	1,245	$	1,265	$	3,735	$	3,732
Income tax benefits		479		487		1,438		1,437

Schedule of Trading Securities measured at fair value

			Fair Value Measurement Using:
	Carrying Value September 29, 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	$	22,512	$	22,512	$	—	$	—

			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)

	September 29, 2012			December 31, 2011
Foreign currency translation adjustment	$	36,272		$	16,070
Actuarial gain in defined benefit pension plan		53,912			51,317
Loss on cash flow hedge, net of amortization		(3,035	)		(3,335	)
	$	87,149		$	64,052