Segments (Tables)

12 Months Ended

Sep. 28, 2019

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

Segment Information And Reconciliations To Consolidated Amounts

Disaggregation of net sales by segment are as follows:

Market Type	2019		2018		2017
Net sales:
Military	$	622,126	$	571,886	$	522,110
Commercial	680,846		621,619		602,775
Aircraft Controls	1,302,972		1,193,505		1,124,885
Space	218,970		214,741		187,217
Defense	464,498		366,136		341,986
Space and Defense Controls	683,468		580,877		529,203
Energy	120,771		163,888		145,344
Industrial Automation	447,515		430,754		377,211
Simulation and Test	122,935		127,321		126,135
Medical	227,002		213,123		194,745
Industrial Systems	918,223		935,086		843,436
Net sales	$	2,904,663	$	2,709,468	$	2,497,524

Customer Type	2019		2018		2017
Net sales:
Commercial	$	680,846	$	621,619	$	602,775
U.S. Government (including OEM)	484,203		447,148		388,697
Other	137,923		124,738		133,413
Aircraft Controls	1,302,972		1,193,505		1,124,885
Commercial	124,445		116,984		170,212
U.S. Government (including OEM)	513,250		424,848		354,817
Other	45,773		39,045		4,174
Space and Defense Controls	683,468		580,877		529,203
Commercial	888,132		904,439		805,934
U.S. Government (including OEM)	20,452		25,886		28,226
Other	9,639		4,761		9,276
Industrial Systems	918,223		935,086		843,436
Commercial	1,693,423		1,643,042		1,578,921
U.S. Government (including OEM)	1,017,905		897,882		771,740
Other	193,335		168,544		146,863
Net sales	$	2,904,663	$	2,709,468	$	2,497,524

Operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense, non-service pension 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, manpower or profit. Operating profit by segment and reconciliations to consolidated amounts are as follows:

	2019		2018		2017
Operating profit:
Aircraft Controls	$	122,701	$	129,772	$	116,797
Space and Defense Controls	88,990		67,615		49,989
Industrial Systems	109,451		64,964		92,061
Total operating profit	321,142		262,351		258,847
Deductions from operating profit:
Interest expense	39,269		36,238		34,551
Equity-based compensation expense	6,464		5,804		4,582
Non-service pension expense	12,746		6,778		12,594
Corporate and other expenses, net	28,905		29,694		25,409
Earnings before income taxes	$	233,758	$	183,837	$	181,711
Depreciation and amortization:
Aircraft Controls	$	41,144	$	40,795	$	41,977
Space and Defense Controls	18,014		17,900		18,980
Industrial Systems	25,454		28,825		28,099
Corporate	648		1,052		1,111
Total depreciation and amortization	$	85,260	$	88,572	$	90,167
Identifiable assets:
Aircraft Controls	$	1,300,781	$	1,168,964	$	1,120,099
Space and Defense Controls	737,141		660,589		575,132
Industrial Systems	1,040,659		1,077,022		1,124,950
Corporate	35,656		57,473		270,411
Total assets	$	3,114,237	$	2,964,048	$	3,090,592
Capital expenditures:
Aircraft Controls	$	68,595	$	46,705	$	36,216
Space and Defense Controls	23,903		22,452		15,173
Industrial Systems	25,808		25,156		23,953
Corporate	116		204		456
Total capital expenditures	$	118,422	$	94,517	$	75,798

Sales, Based On The Customer's Location, And Property, Plant And Equipment By Geographic Area

Sales, based on the customer’s location, and property, plant and equipment by geographic area are as follows:

	2019		2018		2017
Net sales:
United States	$	1,757,518	$	1,592,513	$	1,438,428
Germany	213,128		202,676		195,328
Japan	166,690		158,686		152,148
France	143,019		138,054		145,627
Other	624,308		617,539		565,993
Net sales	$	2,904,663	$	2,709,468	$	2,497,524
Property, plant and equipment, net:
United States	$	365,136	$	325,088	$	303,925
Philippines	61,910		63,870		64,260
United Kingdom	56,253		61,438		64,065
Other	103,468		102,469		90,741
Property, plant and equipment, net	$	586,767	$	552,865	$	522,991