Segment Information

9 Months Ended

Jul. 26, 2013

Segment Information

16. Segment information:

Business segment information for continuing operations includes the segments of Avionics & Controls, Sensors & Systems and Advanced Materials.

(In thousands)	Three Months Ended						Nine Months Ended
	July 26, 2013			July 27, 2012			July 26, 2013			July 27, 2012
Sales
Avionics & Controls	$	179,572		$	195,059		$	546,272		$	569,656
Sensors & Systems		175,864			171,603			524,638			527,958
Advanced Materials		122,632			119,287			364,682			364,048
Total Sales	$	478,068		$	485,949		$	1,435,592		$	1,461,662
Earnings (Loss) from Continuing Operations Before Income Taxes
Avionics & Controls	$	20,597	(1)	$	(25,611	) (2)	$	60,651	(1)	$	12,703	(2)
Sensors & Systems		21,584			18,305			63,792			49,830
Advanced Materials		28,135			17,293			74,402			66,526
Segment Earnings		70,316			9,987			198,845			129,059
Corporate expense		(20,793	)		(9,127	)		(53,224	)		(35,182	)
Gain on settlement of contingency		0			0			0			11,891
Other income		0			1,263			0			1,263
Interest income		132			109			381			320
Interest expense		(9,050	)		(12,159	)		(30,976	)		(35,171	)
Loss on extinguishment of debt		0			0			(946	)		0
	$	40,605		$	(9,927	)	$	114,080		$	72,180

(1) Includes a $3.5 million estimated impairment charge against Racal Acoustics’ goodwill.

(2) Includes a $52.2 million impairment charge against Racal Acoustics’ goodwill.