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SEGMENT INFORMATION (Table)

12 Months Ended

Dec. 31, 2012

Schedule Of Segment Reporting Information By Segment [Text Block]

		December 31,
(In thousands)		2012		2011		2010

Net sales
Flow Control	$	1,095,349	$	1,060,785	$	1,024,860
Controls		735,085		714,309		645,587
Surface Technologies		277,430		247,989		190,982
Less: Intersegment Revenues		(10,148)		(6,341)		(6,916)
Total Consolidated	$	2,097,716	$	2,016,742	$	1,854,513

Operating income (expense)
Flow Control	$	78,779	$	103,421	$	104,391
Controls		86,515		75,423		74,173
Surface Technologies		27,494		31,476		18,941
Corporate and Eliminations ⁽¹⁾		(31,342)		(23,466)		(30,820)
Total Consolidated	$	161,446	$	186,854	$	166,685

Depreciation and amortization expense
Flow Control	$	42,091	$	37,617	$	35,086
Controls		31,968		30,724		27,903
Surface Technologies		17,459		18,099		15,498
Corporate		2,378		1,860		1,459
Total Consolidated	$	93,896	$	88,300	$	79,946

Segment assets
Flow Control	$	1,417,047	$	1,257,142	$	1,102,417
Controls		1,365,112		1,016,935		864,197
Surface Technologies		302,079		286,084		233,356
Corporate		30,350		75,386		33,171
Total Consolidated	$	3,114,588	$	2,635,547	$	2,233,141

Capital expenditures
Flow Control	$	27,612	$	34,655	$	18,795
Controls		25,199		32,839		17,967
Surface Technologies		24,405		14,572		13,884
Corporate		5,738		2,256		2,123
Total Consolidated	$	82,954	$	84,322	$	52,769

⁽¹⁾ Corporate and Eliminations includes pension expense, environmental remediation and administrative expenses, legal, foreign currency transactional gains and losses, and other expenses.

Reconciliations
		December 31,
(In thousands)		2012		2011		2010

Earnings before taxes:
Total segment operating income	$	192,788	$	210,320	$	197,505
Corporate and administrative		(31,342)		(23,466)		(30,820)
Interest expense		(26,329)		(20,834)		(22,107)
Other income, net		245		862		575
Total consolidated earnings before tax	$	135,362	$	166,882	$	145,153

Reconciliation Of Assets From Segment To Consolidated [Text Block]

Assets:
Total assets for reportable segments	$	3,084,238	$	2,560,161	$	2,199,970
Non-segment cash		550		227		299
Other assets		29,800		75,159		32,872
Total consolidated assets	$	3,114,588	$	2,635,547	$	2,233,141

ScheduleOfRevenueFromExternalCustomersAttributedToForeignCountriesByGeographicAreaTextBlock

Geographic Information
		December 31,
(In thousands)		2012		2011		2010

Revenues
United States of America	$	1,451,166	$	1,409,353	$	1,302,133
United Kingdom		153,093		139,002		115,331
Canada		83,027		81,498		58,855
Other foreign countries		410,430		386,889		378,194
Consolidated total	$	2,097,716	$	2,016,742	$	1,854,513

- Definition

Tabular disclosure of the names of foreign countries from which revenue is material and the amount of revenue from external customers attributed to those countries. An entity may also provide subtotals of geographic information about groups of countries.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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