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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