SEGMENT INFORMATION (Table)

12 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

Schedule Of Segment Reporting Information By Segment [Text Block]

Capital expenditures
Commercial/Industrial	$	29,028	$	30,145	$	21,990
Defense	9,276		5,870		3,834
Power	10,039		6,653		6,163
Corporate	4,362		4,108		3,525
Total Consolidated (2)	$	52,705	$	46,776	$	35,512

	Year Ended December 31,
(In thousands)	2017			2016			2015
Earnings before taxes:
Total segment operating income	$	362,943		$	331,313		$	345,407
Corporate and Eliminations	(23,200		)	(23,215		)	(34,790		)
Interest expense	41,471			41,248			36,038
Other income, net	1,347			1,111			615
Total consolidated earnings before tax	$	299,619		$	267,961		$	275,194

Depreciation and amortization expense
Commercial/Industrial	$	53,180	$	53,970	$	55,799
Defense	20,702		14,488		15,965
Power	22,019		23,032		23,419
Corporate	4,094		4,518		4,292
Total Consolidated	$	99,995	$	96,008	$	99,475

	Year Ended December 31,
(In thousands)	2017			2016			2015
Net sales
Commercial/Industrial	$	1,163,510		$	1,120,326		$	1,189,120
Defense	557,954			469,796			479,528
Power	554,048			524,967			545,013
Less: Intersegment Revenues	(4,486		)	(6,158		)	(7,978		)
Total Consolidated	$	2,271,026		$	2,108,931		$	2,205,683

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]

(In thousands)	2017			2016			2015
Operating income (expense)
Commercial/Industrial	$	168,328		$	156,550		$	171,525
Defense	109,355			98,291			98,895
Power	85,260			76,472			74,987
Corporate and Eliminations (1)	(23,200		)	(23,215		)	(34,790		)
Total Consolidated	$	339,743		$	308,098		$	310,617

Reconciliation Of Assets From Segment To Consolidated [Text Block]

Segment assets
Commercial/Industrial	$	1,444,097	$	1,391,040	$	1,480,052
Defense	1,044,776		751,859		800,613
Power	482,753		516,321		629,612
Corporate	264,695		378,561		79,334
Total Consolidated	$	3,236,321	$	3,037,781	$	2,989,611

	As of December 31,
(In thousands)	2017		2016		2015
Assets:
Total assets for reportable segments	$	2,971,626	$	2,659,220	$	2,910,277
Non-segment cash	204,664		357,021		42,164
Other assets	60,031		21,540		37,170
Total consolidated assets	$	3,236,321	$	3,037,781	$	2,989,611

ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock

	Year Ended December 31,
(In thousands)	2017		2016		2015
Revenues
United States of America	$	1,562,180	$	1,472,241	$	1,502,363
United Kingdom	118,350		114,752		135,673
Other foreign countries	590,496		521,938		567,647
Consolidated total	$	2,271,026	$	2,108,931	$	2,205,683

ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock

	As of December 31,
(In thousands)	2017		2016		2015
Long-Lived Assets
United States of America	$	264,829	$	272,826	$	293,612
United Kingdom	41,100		39,014		36,061
Other foreign countries	84,306		77,063		83,971
Consolidated total	$	390,235	$	388,903	$	413,644

Revenue from External Customers by Products and Services [Table Text Block]

	Year Ended December 31,
(In thousands)	2017		2016		2015
Net sales
Flow Control	$	899,705	$	883,735	$	949,657
Motion Control	1,075,218		940,162		947,758
Surface Technologies	296,103		285,034		308,268
Consolidated total	$	2,271,026	$	2,108,931	$	2,205,683