Business Segment Information

6 Months Ended

Dec. 31, 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				Six Months Ended
	December 31,				December 31,
	2012		2011		2012		2011
Net sales
Industrial:
North America	$	1,197,705	$	1,183,352	$	2,463,752	$	2,388,169
International	1,168,961		1,218,812		2,345,851		2,507,927
Aerospace	528,656		496,505		1,069,739		993,997
Climate & Industrial Controls	170,173		208,163		401,088		450,620
Total	$	3,065,495	$	3,106,832	$	6,280,430	$	6,340,713
Segment operating income
Industrial:
North America	$	183,914	$	195,738	$	411,106	$	418,965
International	123,434		165,940		275,205		374,159
Aerospace	52,172		70,262		114,070		138,899
Climate & Industrial Controls	8,130		9,823		29,840		29,615
Total segment operating income	367,650		441,763		830,221		961,638
Corporate general and administrative expenses	45,401		46,136		85,168		104,152
Income before interest expense and other expense	322,249		395,627		745,053		857,486
Interest expense	24,216		23,769		47,725		46,990
Other expense	35,404		32,911		98,641		59,964
Income before income taxes	$	262,629	$	338,947	$	598,687	$	750,532