Segment Information

6 Months Ended

May 31, 2014

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

The Company operates in three principal product segments: Engine/Mobile Filtration, Industrial/Environmental Filtration and Packaging. Net sales represent sales to unaffiliated customers as reported in the Consolidated Condensed Statements of Earnings.  Intersegment sales were not material.  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.

Segment information is summarized as follows:

	Quarter Ended						Six Months Ended
	May 31, 2014			June 1, 2013			May 31, 2014		June 1, 2013
Net sales:
Engine/Mobile Filtration	$	148,398		$	132,372		$	270,895	$	250,047
Industrial/Environmental Filtration	219,592			136,660			394,455		259,286
Packaging	18,652			18,551			33,977		34,521
	$	386,642		$	287,583		$	699,327	$	543,854
Operating profit:
Engine/Mobile Filtration	$	26,972		$	29,096		$	49,846	$	52,545
Industrial/Environmental Filtration	23,005			18,411			31,151		28,089
Packaging	1,170			1,894			1,416		2,582
	51,147			49,401			82,413		83,216
Other income (expense), net	(400		)	(217		)	3,278		(228		)
Earnings before income taxes	$	50,747		$	49,184		$	85,691	$	82,988

	May 31, 2014		November 30, 2013
Identifiable assets:
Engine/Mobile Filtration	$	759,832	$	397,545
Industrial/Environmental Filtration	1,048,691		715,759
Packaging	40,938		41,030
Corporate	26,286		294,509
	$	1,875,747	$	1,448,843