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SEGMENT INFORMATION (Table)
12 Months Ended
Dec. 31, 2018
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment [Text Block]
Depreciation and amortization expense
 
 
 
 
 
 
Commercial/Industrial
 
$
50,690

 
$
53,180

 
$
53,970

Defense
 
20,578

 
20,702

 
14,488

Power
 
27,737

 
22,019

 
23,032

Corporate
 
3,944

 
4,094

 
4,518

Total Consolidated
 
$
102,949

 
$
99,995

 
$
96,008

 
 
Year Ended December 31,
(In thousands)
 
2018
 
2017
 
2016
Earnings before taxes:
 
 
 
 
 
 
Total segment operating income
 
$
409,973

 
$
358,603

 
$
328,626

Corporate and Eliminations
 
(36,347
)
 
(33,483
)
 
(32,107
)
Interest expense
 
33,983

 
41,471

 
41,248

Other income, net
 
16,596

 
15,970

 
12,690

Total consolidated earnings before tax
 
$
356,239

 
$
299,619

 
$
267,961

 
 
Year Ended December 31,
(In thousands)
 
2018
 
2017
 
2016
Net sales
 
 
 
 
 
 
Commercial/Industrial
 
$
1,209,943

 
$
1,163,510

 
$
1,120,326

Defense
 
559,058

 
557,954

 
469,796

Power
 
649,754

 
554,048

 
524,967

Less: Intersegment Revenues
 
(6,920
)
 
(4,486
)
 
(6,158
)
Total Consolidated
 
$
2,411,835

 
$
2,271,026

 
$
2,108,931

Capital expenditures
 
 
 
 
 
 
Commercial/Industrial
 
$
30,411

 
$
29,028

 
$
30,145

Defense
 
5,793

 
9,276

 
5,870

Power
 
11,350

 
10,039

 
6,653

Corporate
 
5,863

 
4,362

 
4,108

Total Consolidated
 
$
53,417

 
$
52,705

 
$
46,776

Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]
(In thousands)
 
2018
 
2017
 
2016
Operating income (expense)
 
 
 
 
 
 
Commercial/Industrial
 
$
182,669

 
$
168,146

 
$
156,084

Defense
 
128,446

 
109,338

 
98,182

Power
 
98,858

 
81,119

 
74,360

Corporate and Eliminations (1)
 
(36,347
)
 
(33,483
)
 
(32,107
)
Total Consolidated
 
$
373,626

 
$
325,120

 
$
296,519

Reconciliation Of Assets From Segment To Consolidated [Text Block]
Segment assets
 
 
 
 
 
 
Commercial/Industrial
 
$
1,398,601

 
$
1,444,097

 
$
1,391,040

Defense
 
961,298

 
1,044,776

 
751,859

Power
 
720,073

 
482,753

 
516,321

Corporate
 
175,413

 
264,695

 
378,561

Total Consolidated
 
$
3,255,385

 
$
3,236,321

 
$
3,037,781

 
 
As of December 31,
(In thousands)
 
2018
 
2017
 
2016
Assets:
 
 
 
 
 
 
Total assets for reportable segments
 
$
3,079,972

 
$
2,971,626

 
$
2,659,220

Non-segment cash
 
138,053

 
204,664

 
357,021

Other assets
 
37,360

 
60,031

 
21,540

Total consolidated assets
 
$
3,255,385

 
$
3,236,321

 
$
3,037,781

ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock
 
 
Year Ended December 31,
(In thousands)
 
2018
 
2017
 
2016
Revenues
 
 
 
 
 
 
United States of America
 
$
1,623,511

 
$
1,562,180

 
$
1,472,241

United Kingdom
 
126,439

 
118,350

 
114,752

Other foreign countries
 
661,885

 
590,496

 
521,938

Consolidated total
 
$
2,411,835

 
$
2,271,026

 
$
2,108,931

ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
 
 
As of December 31,
(In thousands)
 
2018
 
2017
 
2016
Long-Lived Assets
 
 
 
 
 
 
United States of America
 
$
258,504

 
$
264,829

 
$
272,826

United Kingdom
 
34,649

 
41,100

 
39,014

Other foreign countries
 
81,507

 
84,306

 
77,063

Consolidated total
 
$
374,660

 
$
390,235

 
$
388,903

Revenue from External Customers by Products and Services [Table Text Block]
 
 
Year Ended December 31,
(In thousands)
 
2018
 
2017
 
2016
Net sales
 
 
 
 
 
 
Flow Control
 
$
1,008,262

 
$
899,705

 
$
883,735

Motion Control
 
1,090,703

 
1,075,218

 
940,162

Surface Technologies
 
312,870

 
296,103

 
285,034

Consolidated total
 
$
2,411,835

 
$
2,271,026

 
$
2,108,931