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Business Segment Information
9 Months Ended
Mar. 31, 2013
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
 
Nine Months Ended
 
 
March 31,
 
March 31,
 
 
2013
 
2012
 
2013
 
2012
Net sales
 
 
 
 
 
 
 
 
Industrial:
 
 
 
 
 
 
 
 
North America
 
$
1,283,649

 
$
1,315,357

 
$
3,747,401

 
$
3,703,526

International
 
1,241,464

 
1,286,751

 
3,587,315

 
3,794,678

Aerospace
 
578,026

 
542,760

 
1,647,765

 
1,536,757

Climate & Industrial Controls
 
203,902

 
248,695

 
604,990

 
699,315

Total
 
$
3,307,041

 
$
3,393,563

 
$
9,587,471

 
$
9,734,276

Segment operating income
 
 
 
 
 
 
 
 
Industrial:
 
 
 
 
 
 
 
 
North America
 
$
209,048

 
$
226,986

 
$
620,154

 
$
645,951

International
 
152,309

 
195,065

 
427,514

 
569,224

Aerospace
 
80,080

 
65,925

 
194,150

 
204,824

Climate & Industrial Controls
 
21,324

 
23,203

 
51,164

 
52,818

Total segment operating income
 
462,761

 
511,179

 
1,292,982

 
1,472,817

Corporate general and administrative expenses
 
41,410

 
38,377

 
126,578

 
142,529

Income before interest expense and other expense
 
421,351

 
472,802

 
1,166,404

 
1,330,288

Interest expense
 
23,050

 
22,313

 
70,775

 
69,303

Other expense
 
59,750

 
49,662

 
158,391

 
109,626

Income before income taxes
 
$
338,551

 
$
400,827

 
$
937,238

 
$
1,151,359