Business Segments

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements [Abstract]

Business Segments

13.   Business Segments

Sales and operating profit by industry segment are set forth in the following table (dollars in thousands):

	Three months ended September 30,						Nine months ended September 30,
	2011		2010		Change		2011		2010		Change
Net sales:
Industrial Technology	$	185,258	$	161,205	14.9	%	$	538,695	$	442,007	21.9	%
Energy Systems & Controls		150,385		123,458	21.8			425,768		348,523	22.2
Medical & Scientific Imaging		156,470		134,434	16.4			452,835		393,192	15.2
RF Technology		220,592		185,991	18.6			640,587		522,911	22.5
Total	$	712,705	$	605,088	17.8	%	$	2,057,885	$	1,706,633	20.6	%
Gross profit:
Industrial Technology	$	91,238	$	82,383	10.7	%	$	269,020	$	223,825	20.2	%
Energy Systems & Controls		81,832		65,590	24.8			232,390		183,884	26.4
Medical & Scientific Imaging		99,035		82,610	19.9			285,295		238,427	19.7
RF Technology		110,451		91,166	21.2			323,010		257,125	25.6
Total	$	382,556	$	321,749	18.9	%	$	1,109,715	$	903,261	22.9	%
Operating profit*:
Industrial Technology	$	52,238	$	44,954	16.2	%	$	150,156	$	115,462	30.0	%
Energy Systems & Controls		38,675		28,611	35.2			105,423		76,606	37.6
Medical & Scientific Imaging		38,610		31,193	23.8			108,999		88,323	23.4
RF Technology		52,552		37,155	41.4			150,413		104,060	44.5
Total	$	182,075	$	141,913	28.3	%	$	514,991	$	384,451	34.0	%
Long-lived assets:
Industrial Technology	$	41,070	$	40,754	0.8	%
Energy Systems & Controls		17,784		18,731	(5.1	)
Medical & Scientific Imaging		46,940		35,458	32.4
RF Technology		29,879		34,319	(12.9	)
Total	$	135,673	$	129,262	5.0	%

*Segment operating profit is before unallocated corporate general and administrative expenses. These expenses were $14,860 and $13,680 for the three months ended September 30, 2011 and 2010, respectively, and $41,806 and $36,315 for the nine months ended September 30, 2011 and 2010, respectively.