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Business Segment Information
3 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Business Segment Information
The Company operates in three reportable business segments: Industrial, Aerospace and Climate & Industrial Controls. The Industrial Segment is the largest and includes a significant portion of international operations.
Industrial - This segment produces a broad range of motion-control and fluid systems and components used in all kinds of manufacturing, packaging, processing, transportation, mobile construction, agricultural and military machinery and equipment. Sales are made directly to major original equipment manufacturers (OEMs) and through a broad distribution network to smaller OEMs and the aftermarket.
Aerospace - This segment designs and manufactures products and provides aftermarket support for commercial, business jet, military and general aviation aircraft, missile and spacecraft markets. The Aerospace Segment provides a full range of systems and components for hydraulic, pneumatic and fuel applications.
Climate & Industrial Controls - This segment manufactures motion-control systems and components for use primarily in the refrigeration and air conditioning and transportation industries.
 
 
 
Three Months Ended
 
 
September 30,
 
 
2012
 
2011
Net sales
 
 
 
 
Industrial:
 
 
 
 
North America
 
$
1,266,047

 
$
1,204,817

International
 
1,176,890

 
1,289,115

Aerospace
 
541,083

 
497,492

Climate & Industrial Controls
 
230,915

 
242,457

Total
 
$
3,214,935

 
$
3,233,881

Segment operating income
 
 
 
 
Industrial:
 
 
 
 
North America
 
$
227,192

 
$
223,227

International
 
151,771

 
208,219

Aerospace
 
61,898

 
68,637

Climate & Industrial Controls
 
21,710

 
19,792

Total segment operating income
 
462,571

 
519,875

Corporate general and administrative expenses
 
39,767

 
58,016

Income before interest expense and other expense
 
422,804

 
461,859

Interest expense
 
23,509

 
23,221

Other expense
 
63,237

 
27,053

Income before income taxes
 
$
336,058

 
$
411,585