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SEGMENT INFORMATION (Table)
9 Months Ended
Sep. 30, 2012
Segment Information [Abstract]  
Schedule Of Segment Reporting Information By Segment [Text Block]
   (In thousands) 
   Three Months Ended  Nine Months Ended 
   September 30,  September 30, 
   2012  2011  2012  2011 
Net sales             
Flow Control $ 236,733 $ 265,249 $ 778,177 $ 771,005 
Motion Control   176,649   181,017   528,472   516,724 
Metal Treatment   68,446   64,933   209,602   182,101 
Less: Intersegment revenues   (2,606)   (2,079)   (8,982)   (3,563) 
Total consolidated $ 479,222 $ 509,120 $ 1,507,269 $ 1,466,267 
              
Operating income (expense)             
Flow Control $ 1,194 $ 24,836 $ 38,335 $ 70,000 
Motion Control   22,790   19,078   59,246   50,627 
Metal Treatment   8,200   8,177   23,993   23,386 
Corporate and eliminations (1)   (8,818)   (5,984)   (22,109)   (13,330) 
Total consolidated $ 23,366 $ 46,107 $ 99,465 $ 130,683 
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
   (In thousands)
   Three Months Ended  Nine Months Ended 
   September 30,  September 30, 
   2012  2011  2012  2011 
Total operating income $ 23,366 $ 46,107 $ 99,465 $ 130,683 
Interest expense   (6,648)   (5,033)   (19,656)   (15,121) 
Other income (expense), net   (119)   (35)   113   42 
Earnings before income taxes $ 16,599 $ 41,039 $ 79,922 $ 115,604 
Reconciliation Of Assets From Segment To Consolidated [Text Block]
         (In thousands) 
        September 30, December 31, 
         2012  2011 
Identifiable assets             
Flow Control       $ 1,206,004 $ 1,257,142 
Motion Control         1,015,388   1,016,935 
Metal Treatment         259,777   286,084 
Corporate and other         224,536   75,386 
Total consolidated       $ 2,705,705 $ 2,635,547