Business Segment Information

3 Months Ended

Sep. 30, 2017

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,
	2017		2016
Net sales
Diversified Industrial:
North America	$	1,594,691	$	1,166,971
International	1,238,774		1,014,923
Aerospace Systems	531,186		561,237
Total net sales	$	3,364,651	$	2,743,131
Segment operating income
Diversified Industrial:
North America	$	256,027	$	200,611
International	191,791		137,196
Aerospace Systems	77,434		73,281
Total segment operating income	525,252		411,088
Corporate general and administrative expenses	41,350		31,034
Income before interest expense and other expense	483,902		380,054
Interest expense	53,555		34,148
Other expense	56,045		53,661
Income before income taxes	$	374,302	$	292,245