Business Segment Information

9 Months Ended

Mar. 31, 2016

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					Nine Months Ended
	March 31,					March 31,
	2016		2015			2016		2015
Net sales
Diversified Industrial:
North America	$	1,247,904	$	1,441,625		$	3,695,008	$	4,302,644
International	1,019,776		1,148,248			3,050,687		3,599,145
Aerospace Systems	560,985		572,438			1,657,908		1,665,447
Total net sales	$	2,828,665	$	3,162,311		$	8,403,603	$	9,567,236
Segment operating income
Diversified Industrial:
North America	$	202,180	$	235,516		$	568,509	$	726,640
International	105,161		139,473			329,823		465,803
Aerospace Systems	84,238		73,334			240,005		205,500
Total segment operating income	391,579		448,323			1,138,337		1,397,943
Corporate general and administrative expenses	42,322		45,515			126,583		152,319
Income before interest expense and other expense	349,257		402,808			1,011,754		1,245,624
Interest expense	33,745		35,003			103,802		83,609
Other expense (income)	42,519		(20,561		)	129,430		33,748
Income before income taxes	$	272,993	$	388,366		$	778,522	$	1,128,267