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BUSINESS SEGMENT INFORMATION
 6 Months Ended
Dec. 31, 2011
BUSINESS SEGMENT INFORMATION

The Company operates in three reportable business segments: Industrial, Aerospace and Climate & Industrial Controls. The Industrial Segment is the largest and includes a significant portion of international operations.

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, agricultural and military machinery and equipment. Sales are made directly to major original equipment manufacturers (OEMs) and through a broad distribution network to smaller OEMs and the aftermarket.

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

Climate & Industrial Controls - This segment manufactures motion-control systems and components for use primarily in the refrigeration and air conditioning and transportation industries.

 

     Three Months Ended
December 31,		      Six Months Ended
December 31,		  
     2011      2010      2011      2010  

Net sales

            

Industrial:

            

North America

    $ 1,183,352       $ 1,045,469       $ 2,388,169       $ 2,110,384   

International

      1,218,812         1,147,231         2,507,927         2,240,212   

Aerospace

      496,505         459,630         993,997         896,310   

Climate & Industrial Controls

      208,163         214,334         450,620         449,031   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

    $ 3,106,832       $ 2,866,664       $ 6,340,713       $ 5,695,937   
  

 

 

     

 

 

     

 

 

     

 

 

  

Segment operating income

            

Industrial:

            

North America

    $ 195,738       $ 159,429       $ 418,965       $ 348,791   

International

      165,940         167,776         374,159         351,576   

Aerospace

      70,262         63,644         138,899         107,420   

Climate & Industrial Controls

      9,823         9,501         29,615         31,053   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total segment operating income

      441,763         400,350         961,638         838,840   

Corporate general and administrative expenses

      46,136         37,593         104,152         70,947   
  

 

 

     

 

 

     

 

 

     

 

 

  

Income before interest expense and other

      395,627         362,757         857,486         767,893   

Interest expense

      23,769         25,631         46,990         50,264   

Other expense

      32,911         30,876         59,964         75,015   
  

 

 

     

 

 

     

 

 

     

 

 

  

Income before income taxes

    $ 338,947       $ 306,250       $ 750,532       $ 642,614