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Business Segments
9 Months Ended
Sep. 27, 2014
Segment Reporting [Abstract]  
Business Segments
. BUSINESS SEGMENTS
The Company has two reportable segments: Mechanical and Electrical. Segment detail was (in millions):
 
 
Electrical
 
Mechanical
 
Eliminations
 
Total
As of and for Three Months Ended September 27, 2014
 
 
 
 
 
 
 
External sales
$
760.6

 
$
69.2

 
$

 
$
829.8

Intersegment sales
0.8

 
1.2

 
(2.0
)
 

  Total sales
761.4

 
70.4

 
(2.0
)
 
829.8

Gross profit
185.5

 
18.3

 

 
203.8

Operating expenses
119.5

 
9.6

 

 
129.1

Income from operations
66.0

 
8.7

 

 
74.7

Depreciation and amortization
32.4

 
3.2

 

 
35.6

Capital expenditures
16.1

 
1.5

 

 
17.6

Identifiable assets
3,478.5

 
192.9

 

 
3,671.4

As of and for Three Months Ended September 28, 2013
 
 
 
 
 
 
 
External sales
$
707.5

 
$
60.7

 
$

 
$
768.2

Intersegment sales
1.2

 
1.2

 
(2.4
)
 

  Total sales
708.7

 
61.9

 
(2.4
)
 
768.2

Gross profit
180.1

 
16.4

 

 
196.5

Operating expenses
109.0

 
8.7

 

 
117.7

Income from operations
71.1

 
7.7

 

 
78.8

Depreciation and amortization
28.5

 
3.2

 

 
31.7

Capital expenditures
15.3

 
2.9

 

 
18.2

Identifiable assets
3,483.1

 
226.2

 

 
3,709.3



As of and for Nine Months Ended September 27, 2014
Electrical
 
Mechanical
 
Eliminations
 
Total
External sales
$
2,278.3

 
$
203.1

 
$

 
$
2,481.4

Intersegment sales
2.5

 
3.7

 
(6.2
)
 

  Total sales
2,280.8

 
206.8

 
(6.2
)
 
2,481.4

Gross profit
557.1

 
52.1

 

 
609.2

Operating expenses
347.8

 
28.3

 

 
376.1

Goodwill impairment
1.0

 

 

 
1.0

Income from operations
208.3

 
23.8

 

 
232.1

Depreciation and amortization
94.2

 
9.4

 

 
103.6

Capital expenditures
54.9

 
5.6

 

 
60.5

Identifiable assets
3,478.5

 
192.9

 

 
3,671.4

 
 
 
 
 
 
 
 
As of and for Nine Months Ended September 28, 2013
 
 
 
 
 
 
 
External Sales
$
2,171.8

 
$
196.6

 
$

 
$
2,368.4

Intersegment sales
3.2

 
4.0

 
(7.2
)
 

  Total sales
2,175.0

 
200.6

 
(7.2
)
 
2,368.4

Gross profit
552.9

 
52.3

 

 
605.2

Operating expenses
341.8

 
27.6

 

 
369.4

Income from operations
211.1

 
24.7

 

 
235.8

Depreciation and amortization
85.6

 
9.5

 

 
95.1

Capital expenditures
58.4

 
7.0

 

 
65.4

Identifiable assets
3,483.1

 
226.2

 

 
3,709.3