Business Segment Information

3 Months Ended

Sep. 30, 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
	September 30,
	2016		2015
Net sales
Diversified Industrial:
North America	$	1,166,971	$	1,286,330
International	1,014,923		1,038,447
Aerospace Systems	561,237		544,571
Total net sales	$	2,743,131	$	2,869,348
Segment operating income
Diversified Industrial:
North America	$	200,611	$	212,748
International	137,196		129,295
Aerospace Systems	73,281		74,003
Total segment operating income	411,088		416,046
Corporate general and administrative expenses	31,034		53,051
Income before interest expense and other expense	380,054		362,995
Interest expense	34,148		35,760
Other expense	53,661		51,586
Income before income taxes	$	292,245	$	275,649