Business Segment Information

6 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Business Segment Information

The Company operates in two reportable business segments: Diversified Industrial and Aerospace Systems.

Diversified 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, refrigeration and air conditioning, agricultural and military machinery and equipment and has a significant portion of international operations. Sales are made directly to major original equipment manufacturers (OEMs) and through a broad distribution network to smaller OEMs and the aftermarket.

Aerospace Systems - 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 Systems Segment provides a full range of systems and components for hydraulic, pneumatic and fuel applications.

	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2015		2014		2015		2014
Net sales
Diversified Industrial:
North America	$	1,160,774	$	1,389,207	$	2,447,104	$	2,861,019
International	992,464		1,187,400		2,030,911		2,450,897
Aerospace Systems	552,352		558,386		1,096,923		1,093,009
Total net sales	$	2,705,590	$	3,134,993	$	5,574,938	$	6,404,925
Segment operating income
Diversified Industrial:
North America	$	153,581	$	226,888	$	366,329	$	491,124
International	95,367		136,525		224,662		326,330
Aerospace Systems	81,764		66,817		155,767		132,166
Total segment operating income	330,712		430,230		746,758		949,620
Corporate general and administrative expenses	31,210		51,360		84,261		106,804
Income before interest expense and other expense	299,502		378,870		662,497		842,816
Interest expense	34,297		27,645		70,057		48,606
Other expense	35,325		7,959		86,911		54,309
Income before income taxes	$	229,880	$	343,266	$	505,529	$	739,901