Segment Information (Note)

12 Months Ended

Dec. 01, 2012

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

Based on the economic characteristics of the Company’s business activities, the nature of products, customers and markets served and the performance evaluation by management and the Company’s Board of Directors, the Company has identified three reportable segments: Engine/Mobile Filtration, Industrial/Environmental Filtration and Packaging.

The Engine/Mobile Filtration segment manufactures and markets a complete line of filters used in the filtration of oils, air, fuel, coolant, hydraulic and transmission fluids in both domestic and international markets.  The Engine/Mobile Filtration segment provides filters for certain types of transportation equipment including automobiles, heavy-duty and light trucks, buses and locomotives, marine and mining equipment, industrial equipment and heavy-duty construction and agricultural equipment.  The products are sold to aftermarket distributors, original equipment manufacturers and dealer networks, private label accounts and directly to truck service centers and large national accounts.

The Industrial/Environmental Filtration segment manufactures and markets a complete line of filters, cartridges, dust collectors, filtration systems, engineered filtration products and technologies used in the filtration of air and industrial fluid processes in both domestic and international markets.  The filters and filter systems are used in commercial and industrial buildings, hospitals, manufacturing processes, pharmaceutical processes, clean rooms, airports, shipyards, refineries and other oil and natural gas facilities, power generation plants, petrochemical plants, residences and various other infrastructures.  The products are sold to commercial and industrial distributors, original equipment manufacturers and dealer networks, private label accounts, retailers and directly to large national accounts.

The Packaging segment manufactures and markets consumer and industrial packaging products including custom-designed plastic and metal containers and closures and lithographed metal sheets in both domestic and international markets.  The products are sold directly to consumer and industrial packaging customers.

Net sales represent sales to unaffiliated customers.  Intersegment sales were not material.  No single customer accounted for 10% or more of the Company’s consolidated sales for the years ended November 30, 2012, 2011 and 2010.  Unallocated amounts consist of interest expense, interest income and other non-operating income and expense items.  Assets are those assets used in each business segment.  Corporate assets consist of cash, deferred income taxes, corporate facility and equipment and various other assets that are not specific to an operating segment.  The Company operates as a consolidated entity, including cooperation between segments, cost allocating and sharing of certain assets.  As such, the Company makes no representation, that if operated on a standalone basis, these segments would report net sales, operating profit and other financial data reflected below.

The following tables provides segment data for the years ended November 30, 2012, 2011 and 2010:

	2012		2011		2010
Net sales:
Engine/Mobile Filtration	$	503,607	$	510,012	$	446,104
Industrial/Environmental Filtration	541,364		523,026		470,359
Packaging	76,794		93,563		94,966
	$	1,121,765	$	1,126,601	$	1,011,429
Operating profit:
Engine/Mobile Filtration	$	111,653	$	112,839	$	92,246
Industrial/Environmental Filtration	64,766		58,028		43,515
Packaging	6,295		10,400		8,888
	182,714		181,267		144,649
Other income (expense), net	283		41		(1,226		)
Earnings before income taxes	$	182,997	$	181,308	$	143,423

	2012		2011		2010
Identifiable assets:
Engine/Mobile Filtration	$	372,011	$	338,197	$	292,196
Industrial/Environmental Filtration	706,610		693,266		650,530
Packaging	36,350		39,571		40,450
Corporate	90,531		63,899		59,235
	$	1,205,502	$	1,134,933	$	1,042,411
Additions to property, plant and equipment:
Engine/Mobile Filtration	$	24,062	$	11,406	$	7,704
Industrial/Environmental Filtration	9,264		8,775		14,597
Packaging	3,250		3,824		2,152
Corporate	71		166		—
	$	36,647	$	24,171	$	24,453
Depreciation and amortization:
Engine/Mobile Filtration	$	9,327	$	9,325	$	9,810
Industrial/Environmental Filtration	18,692		19,231		17,151
Packaging	3,090		3,166		3,260
Corporate	706		713		700
	$	31,815	$	32,435	$	30,921

Financial data relating to the geographic areas in which the Company operates are shown for the years ended November 30, 2012, 2011 and 2010.  Net sales by geographic area are based on sales to final customers within that region.

	2012		2011		2010
Net sales:
United States	$	779,811	$	775,987	$	702,510
Europe	102,144		106,712		99,939
Asia	98,880		95,363		88,202
Other International	140,930		148,539		120,778
	$	1,121,765	$	1,126,601	$	1,011,429
Property, plant and equipment, at cost, less accumulated depreciation:
United States	$	173,018	$	164,712	$	161,000
Europe	3,619		2,924		3,375
Asia	8,013		7,561		6,337
Other International	10,451		9,795		10,463
	$	195,101	$	184,992	$	181,175