Segment Information

3 Months Ended

Dec. 31, 2016

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Segment Information

Segment Information

During 2016, we made changes to our segment reporting. Components now includes the Medical Devices product lines, which we previously reported as a separate segment. Space and Defense Controls now includes Linear, which we previously included in the Aircraft Controls segment. All amounts have been restated to present Medical Devices within Components, and Linear within Space and Defense Controls.

Below are sales and operating profit by segment for the three months endedDecember 31, 2016 and January 2, 2016 and a reconciliation of segment operating profit to earnings before income taxes. Operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense and other corporate expenses. Cost of sales and other operating expenses are directly identifiable to the respective segment or allocated on the basis of sales, number of employees or profit.

	Three Months Ended
	December 31, 2016		January 2, 2016
Net sales:
Aircraft Controls	$	268,450	$	253,957
Space and Defense Controls	92,930		83,518
Industrial Systems	112,399		125,179
Components	115,891		105,803
Net sales	$	589,670	$	568,457
Operating profit:
Aircraft Controls	$	23,111	$	18,432
Space and Defense Controls	7,096		11,515
Industrial Systems	10,701		13,633
Components	11,454		7,979
Total operating profit	52,362		51,559
Deductions from operating profit:
Interest expense	8,486		8,322
Equity-based compensation expense	2,168		936
Corporate and other expenses, net	5,220		6,646
Earnings before income taxes	$	36,488	$	35,655