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SEGMENT INFORMATION (Table)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
 
 
Three Months Ended
 
 
March 31,
(In thousands)
 
2018
 
2017
Net sales
 
 
 
 
Commercial/Industrial
 
$
296,753

 
$
279,056

Defense
 
120,883

 
114,837

Power
 
132,158

 
130,595

Less: Intersegment revenues
 
(2,272
)
 
(897
)
Total consolidated
 
$
547,522

 
$
523,591

 
 
 
 
 
Operating income (expense)
 
 
 
 
Commercial/Industrial
 
$
39,225

 
$
30,552

Defense
 
19,728

 
11,097

Power
 
15,342

 
15,545

Corporate and eliminations (1)
 
(9,797
)
 
(9,502
)
Total consolidated
 
$
64,498

 
$
47,692


(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

 
 
Three Months Ended
 
 
March 31,
(In thousands)
 
2018
 
2017
Total operating income
 
$
64,498

 
$
47,692

Interest expense
 
8,204

 
10,377

Other income, net
 
4,683

 
3,847

Earnings before income taxes
 
$
60,977

 
$
41,162

Reconciliation Of Assets From Segment To Consolidated
(In thousands)
March 31, 2018
 
December 31, 2017
Identifiable assets
 
 
 
Commercial/Industrial
$
1,476,555

 
$
1,444,097

Defense
1,055,115

 
1,044,776

Power
487,278

 
482,753

Corporate and Other
160,111

 
264,695

Total consolidated
$
3,179,059

 
$
3,236,321