Business Segment Information

9 Months Ended

Mar. 31, 2018

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,
	2018		2017		2018		2017
Net sales
Diversified Industrial:
North America	$	1,761,845	$	1,413,302	$	4,921,952	$	3,701,326
International	1,389,332		1,128,886		3,883,675		3,149,777
Aerospace Systems	598,414		576,951		1,679,288		1,681,971
Total net sales	$	3,749,591	$	3,119,139	$	10,484,915	$	8,533,074
Segment operating income
Diversified Industrial:
North America	$	280,694	$	227,419	$	762,528	$	612,043
International	205,251		152,995		561,848		417,708
Aerospace Systems	106,653		79,967		271,235		225,764
Total segment operating income	592,598		460,381		1,595,611		1,255,515
Corporate general and administrative expenses	54,138		45,747		142,430		120,707
Income before interest expense and other expense	538,460		414,634		1,453,181		1,134,808
Interest expense	54,145		42,057		160,833		109,649
Other expense	14,488		57,514		87,998		97,129
Income before income taxes	$	469,827	$	315,063	$	1,204,350	$	928,030