XML 56 R41.htm IDEA: XBRL DOCUMENT v3.7.0.1
Segment Reporting (Tables)
12 Months Ended
Jul. 31, 2017
Segment Reporting, Measurement Disclosures [Abstract]  
Schedule of segment detail
Segment detail is summarized as follows (in millions):
 
 
Engine
Products
 
Industrial
Products
 
Corporate and
Unallocated
 
Total
Company
Fiscal 2017
 
 
 
 
 
 
 
 
Net sales
 
$
1,553.3

 
$
818.6

 
$

 
$
2,371.9

Depreciation and amortization
 
33.9

 
26.7

 
14.6

 
75.2

Equity earnings in unconsolidated affiliates
 
4.4

 
0.6

 

 
5.0

Earnings (loss) before income taxes
 
219.7

 
129.1

 
(26.8
)
 
322.0

Assets
 
849.6

 
638.3

 
491.8

 
1,979.7

Equity investments in unconsolidated affiliates
 
14.8

 
4.2

 

 
19.0

Capital expenditures
 
29.7

 
23.4

 
12.8

 
65.9

Fiscal 2016
 
 

 
 

 
 

 
 

Net sales
 
$
1,391.3

 
$
829.0

 
$

 
$
2,220.3

Depreciation and amortization
 
38.5

 
28.1

 
8.3

 
74.9

Equity earnings in unconsolidated affiliates
 
1.0

 
1.2

 

 
2.2

Earnings (loss) before income taxes
 
163.5

 
119.0

 
(25.1
)
 
257.4

Assets
 
841.4

 
646.9

 
298.7

 
1,787.0

Equity investments in unconsolidated affiliates
 
14.3

 
4.4

 

 
18.7

Capital expenditures
 
37.5

 
27.3

 
8.1

 
72.9

Fiscal 2015
 
 

 
 

 
 

 
 

Net sales
 
$
1,484.1

 
$
887.1

 
$

 
$
2,371.2

Depreciation and amortization
 
43.3

 
26.4

 
4.6

 
74.3

Equity earnings in unconsolidated affiliates
 
4.1

 
1.0

 

 
5.1

Earnings (loss) before income taxes
 
186.3

 
123.3

 
(21.0
)
 
288.6

Assets
 
887.7

 
634.0

 
285.8

 
1,807.5

Equity investments in unconsolidated affiliates
 
15.1

 
3.2

 

 
18.3

Capital expenditures
 
54.6

 
33.4

 
5.8

 
93.8

Reconciliation of net sales by product group per segment
Net sales by product group within the Engine Products segment and Industrial Products segment is summarized as follows (in millions):
 
 
Year Ended July 31,
 
 
2017

 
2016

 
2015

Engine Products segment:
 
 
 
 
 
 
Off-Road
 
$
252.1

 
$
216.6

 
$
261.1

On-Road
 
110.7

 
127.2

 
138.4

Aftermarket
 
1,086.2

 
951.5

 
980.7

Aerospace and Defense
 
104.3

 
96.0

 
103.9

Total Engine Products segment
 
1,553.3

 
1,391.3

 
1,484.1

Industrial Products segment:
 
 
 
 
 
 
Industrial Filtration Solutions
 
533.2

 
517.9

 
529.0

Gas Turbine Systems
 
122.9

 
149.6

 
186.9

Special Applications
 
162.5

 
161.5

 
171.2

Total Industrial Products segment
 
818.6

 
829.0

 
887.1

Total Company
 
$
2,371.9

 
$
2,220.3

 
$
2,371.2

Schedule of net sales by origination and property, plant and equipment by geographic region
Net sales by origination and property, plant and equipment by geographic region are summarized as follows (in millions):
 
 
Net Sales (1)
 
Property, Plant and Equipment, Net
Fiscal 2017
 
 
 
 
United States
 
$
990.1

 
$
192.7

Europe
 
638.1

 
163.3

Asia Pacific
 
500.5

 
55.3

Other
 
243.2

 
73.3

Total
 
$
2,371.9

 
$
484.6

 
 
 
 
 
Fiscal 2016
 
  

 
  

United States
 
$
937.3

 
$
192.9

Europe
 
632.7

 
148.1

Asia Pacific
 
449.9

 
60.1

Other
 
200.4

 
68.7

Total
 
$
2,220.3

 
$
469.8

 
 
 
 
 
Fiscal 2015
 
  

 
  

United States
 
$
1,007.3

 
$
209.0

Europe
 
671.3

 
141.7

Asia Pacific
 
470.7

 
63.8

Other
 
221.9

 
56.1

Total
 
$
2,371.2

 
$
470.6


(1)
Net sales by origination is based on the country of the Company's legal entity where the customer's order was placed.