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SEGMENT INFORMATION (Table)
6 Months Ended
Jun. 30, 2019
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(In thousands)
2019
 
2018
 
2019
 
2018
Net sales
 
 
 
 
 
 
 
Commercial/Industrial
$
318,572

 
$
312,605

 
$
612,322

 
$
609,358

Defense
145,571

 
148,085

 
267,068

 
268,968

Power
176,582

 
162,049

 
340,729

 
294,207

Less: Intersegment revenues
(1,729
)
 
(2,441
)
 
(2,809
)
 
(4,713
)
Total consolidated
$
638,996

 
$
620,298

 
$
1,217,310

 
$
1,167,820

 
 
 
 
 
 
 
 
Operating income (expense)
 
 
 
 
 
 
 
Commercial/Industrial
$
56,236

 
$
51,736

 
$
95,682

 
$
90,961

Defense
29,661

 
38,641

 
47,314

 
58,369

Power
30,069

 
19,201

 
54,288

 
34,543

Corporate and eliminations (1)
(10,281
)
 
(7,502
)
 
(19,554
)
 
(17,299
)
Total consolidated
$
105,685

 
$
102,076

 
$
177,730

 
$
166,574


(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
 
Six Months Ended
 
June 30,
 
June 30,
(In thousands)
2019
 
2018
 
2019
 
2018
Total operating income
$
105,685

 
$
102,076

 
$
177,730

 
$
166,574

Interest expense
7,960

 
9,566

 
15,232

 
17,770

Other income, net
5,871

 
3,971

 
11,349

 
8,654

Earnings before income taxes
$
103,596

 
$
96,481

 
$
173,847

 
$
157,458


Reconciliation Of Assets From Segment To Consolidated
(In thousands)
June 30, 2019
 
December 31, 2018
Identifiable assets
 
 
 
Commercial/Industrial
$
1,467,700

 
$
1,398,601

Defense
1,068,806

 
961,298

Power
771,379

 
720,073

Corporate and Other
118,755

 
175,413

Total consolidated
$
3,426,640

 
$
3,255,385