SEGMENT INFORMATION (Table)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment

	Three Months Ended						Six Months Ended
(In thousands)	June 30,						June 30,
	2015			2014			2015			2014
Net sales
Commercial/Industrial	$	305,074		$	315,114		$	604,972		$	617,131
Defense	120,149			118,889			234,501			232,042
Power	121,661			137,320			256,796			267,595
Less: Intersegment revenues	(1,690		)	(2,125		)	(4,876		)	(4,611		)
Total consolidated	$	545,194		$	569,198		$	1,091,393		$	1,112,157
Operating income (expense)
Commercial/Industrial	$	45,253		$	45,750		$	88,542		$	84,246
Defense	24,391			18,002			42,418			33,786
Power	1,454			14,865			20,966			29,140
Corporate and eliminations (1)	(5,656		)	(6,458		)	(13,649		)	(13,979		)
Total consolidated	$	65,442		$	72,159		$	138,277		$	133,193

⁽¹⁾ Corporate and eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

Operating income by reportable segment and the reconciliation to income from continuing operations before income taxes are as follows:

	Three Months Ended						Six Months Ended
(In thousands)	June 30,						June 30,
	2015			2014			2015			2014
Total operating income	$	65,442		$	72,159		$	138,277		$	133,193
Interest expense	(8,985		)	(8,986		)	(17,981		)	(18,041		)
Other income, net	(37		)	(23		)	444			89
Earnings from continuing operations before income taxes	$	56,420		$	63,150		$	120,740		$	115,241

Reconciliation Of Assets From Segment To Consolidated

(In thousands)	June 30, 2015		December 31, 2014
Identifiable assets
Commercial/Industrial	$	1,561,489	$	1,534,882
Defense	806,804		837,891
Power	581,061		588,366
Corporate and Other	148,496		291,025
Assets held for sale	14,761		147,347
Total consolidated	$	3,112,611	$	3,399,511