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Operating Segments and Related Information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Operating Segment Information
 Year Ended December 31,
 202020192018
Revenue—External Customers:
Industrial Technologies$1,156,058 $1,092,085 $1,112,250 
Defense Technologies767,631 794,941 663,436 
$1,923,689 $1,887,026 $1,775,686 
Revenue—Intersegments:
Industrial Technologies$12,206 $15,073 $19,052 
Defense Technologies7,580 5,507 11,409 
Eliminations(19,786)(20,580)(30,461)
$— $— $— 
Segment operating income:
Industrial Technologies$344,376 $276,167 $268,472 
Defense Technologies168,469 196,592 194,009 
$512,845 $472,759 $462,481 
A reconciliation of the Company's consolidated segment operating income to consolidated earnings before income taxes is as follows (in thousands):
Note 19.    Operating Segments and Related Information - (Continued)
Operating Segments - (Continued)
 Year Ended December 31,
 202020192018
Consolidated segment operating income$512,845 $472,759 $462,481 
Unallocated corporate expenses(117,657)(118,358)(97,440)
Amortization of purchased intangible assets (47,471)(57,376)(24,524)
Asset impairment charges— (13,666)(3,349)
Restructuring expenses (30,475)(10,099)(4,854)
Loss on sale of business — — (13,708)
Consolidated earnings from operations317,242 273,260 318,606 
Loss on debt extinguishment(9,126)— — 
Interest and non-operating income (expense), net(23,112)(31,344)(11,503)
Consolidated earnings before income taxes$285,004 $241,916 $307,103 
Unallocated corporate expenses include general corporate expenses, separation, transaction, and integration costs, amortization of acquired intangible assets, restructuring expenses and asset impairment charges, and discrete legal and compliance matters.
A reconciliation of the Company's consolidated segment operating assets to consolidated total assets is as follows (in thousands):
Segment Assets
 December 31,
 20202019
Operating segment assets:
 Net accounts receivable, inventories and demonstration assets:
Industrial Technologies$419,323 $405,166 
Defense Technologies436,595 332,639 
$855,918 $737,805 
Goodwill:
Industrial Technologies651,439 635,899 
Defense Technologies742,925 728,697 
$1,394,364 $1,364,596 
Total operating segment assets$2,250,282 $2,102,401 
Assets not allocated:
 Cash and cash equivalents $297,795 $284,592 
 Prepaid expenses and other current assets 74,526 86,337 
 Property and equipment, net 267,682 255,905 
 Deferred income taxes 36,210 39,983 
 Intangible assets, net 209,636 247,514 
 Other assets$116,217 $120,809 
Total assets $3,252,348 $3,137,541 
By Significant Geographical Location Information related to revenue by significant geographical location, determined by the end customer, is as follows (in thousands):
Note 19.    Operating Segments and Related Information - (Continued)
Revenue and Long-Lived Assets by Geographic Area - (Continued)
 Year Ended December 31,
20202019
 Industrial TechnologiesDefense TechnologiesTotal ConsolidatedIndustrial TechnologiesDefense TechnologiesTotal Consolidated
United States$517,951 $511,296 $1,029,247 $523,766 $513,428 $1,037,194 
Europe294,090 99,074 393,164 280,184 118,301 398,485 
Asia238,997 53,901 292,898 193,437 63,717 257,154 
Middle East/Africa48,772 92,243 141,015 32,642 90,110 122,752 
Canada/Latin America56,248 11,117 67,365 62,056 9,385 71,441 
$1,156,058 $767,631 $1,923,689 $1,092,085 $794,941 $1,887,026 
Long-lived assets are comprised of net property and equipment, net identifiable intangible assets, goodwill and other long-term assets. Long-lived assets by significant geographic locations are as follows (in thousands):
 December 31,
 20202019
United States$1,144,758 $1,137,375 
Europe440,549 435,024 
Other foreign402,592 416,425 
$1,987,899 $1,988,824 
Revenue Derived from Major Customers
Major Customers
Revenue derived from major customers is as follows (in thousands):
 Year Ended December 31,
 202020192018
United States government$602,735 $603,769 $511,094