XML 44 R34.htm IDEA: XBRL DOCUMENT v3.20.2
SEGMENT INFORMATION (Table)
9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
Three Months EndedNine Months Ended
September 30,September 30,
(In thousands)2020201920202019
Net sales
Commercial/Industrial$222,734 $279,064 $701,048 $842,373 
Defense180,355 160,445 516,531 452,983 
Power168,976 176,162 506,664 539,616 
Less: Intersegment revenues(451)(791)(1,351)(2,782)
Total consolidated$571,614 $614,880 $1,722,892 $1,832,190 
Operating income (expense)
Commercial/Industrial$24,838 $43,641 $74,191 $130,222 
Defense41,550 40,241 98,126 93,580 
Power25,962 28,776 67,843 86,140 
Corporate and eliminations (1)
(7,777)(7,089)(27,792)(26,643)
Total consolidated$84,573 $105,569 $212,368 $283,299 

(1) Corporate and eliminations includes service costs related to pension and other postretirement benefits, 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 EndedNine Months Ended
September 30,September 30,
(In thousands)2020201920202019
Total operating income$84,573 $105,569 $212,368 $283,299 
Interest expense9,055 7,951 25,059 23,183 
Other income, net5,417 6,355 6,844 17,704 
Earnings before income taxes$80,935 $103,973 $194,153 $277,820 
Reconciliation Of Assets From Segment To Consolidated
(In thousands)September 30, 2020December 31, 2019
Identifiable assets
Commercial/Industrial$1,391,570 $1,363,592 
Defense1,242,648 1,209,706 
Power875,745 885,727 
Corporate and Other449,817 305,236 
Total consolidated$3,959,780 $3,764,261