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SEGMENT INFORMATION (Table)
3 Months Ended
Mar. 31, 2017
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
 
 
(In thousands)
 
 
Three Months Ended
 
 
March 31,
 
 
2017
 
2016
Net sales
 
 
 
 
Commercial/Industrial
 
$
279,056

 
$
275,205

Defense
 
114,837

 
105,730

Power
 
130,595

 
123,746

Less: Intersegment revenues
 
(897
)
 
(1,174
)
Total consolidated
 
$
523,591

 
$
503,507

 
 
 
 
 
Operating income (expense)
 
 
 
 
Commercial/Industrial
 
$
30,621

 
$
30,052

Defense
 
11,155

 
16,845

Power
 
16,540

 
14,628

Corporate and eliminations (1)
 
(7,089
)
 
(4,262
)
Total consolidated
 
$
51,227

 
$
57,263


(1) Corporate and eliminations includes pension and other postretirement benefit expense, certain environmental costs related to remediation at legacy sites, foreign currency transactional gains and losses, and certain other expenses.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated

 
 
(In thousands)
 
 
Three Months Ended
 
 
March 31,
 
 
2017
 
2016
Total operating income
 
$
51,227

 
$
57,263

Interest expense
 
10,377

 
9,933

Other income, net
 
312

 
234

Earnings before income taxes
 
$
41,162

 
$
47,564

Reconciliation Of Assets From Segment To Consolidated
 
(In thousands)
 
March 31, 2017
 
December 31, 2016
Identifiable assets
 
 
 
Commercial/Industrial
$
1,417,174

 
$
1,391,040

Defense
989,842

 
751,859

Power
507,024

 
516,321

Corporate and Other
103,833

 
378,561

Total consolidated
$
3,017,873

 
$
3,037,781