Business Segments

9 Months Ended

Sep. 30, 2014

Business Segments [Abstract]

Business Segments

11. 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,
	2014		2013		Change			2014		2013		Change
Net sales:
Industrial Technology	$	205,688	$	200,684		2.5	%	$	607,503	$	580,466		4.7	%
Energy Systems & Controls		170,765		155,058		10.1	%		491,804		456,031		7.8	%
Medical & Scientific Imaging		268,809		237,338		13.3	%		793,899		645,739		22.9	%
RF Technology		238,860		234,730		1.8	%		710,143		666,719		6.5	%
Total	$	884,122	$	827,810		6.8	%	$	2,603,349	$	2,348,955		10.8	%
Gross profit:
Industrial Technology	$	104,012	$	101,259		2.7	%	$	306,464	$	296,414		3.4	%
Energy Systems & Controls		99,233		88,104		12.6	%		281,055		256,431		9.6	%
Medical & Scientific Imaging		193,132		167,433		15.3	%		572,738		440,718		30.0	%
RF Technology		127,663		125,829		1.5	%		375,901		356,145		5.5	%
Total	$	524,040	$	482,625		8.6	%	$	1,536,158	$	1,349,708		13.8	%
Operating profit*:
Industrial Technology	$	62,046	$	60,753		2.1	%	$	178,540	$	164,278		8.7	%
Energy Systems & Controls		49,033		41,076		19.4	%		130,844		118,432		10.5	%
Medical & Scientific Imaging		91,227		71,968		26.8	%		275,379		179,433		53.5	%
RF Technology		69,351		66,469		4.3	%		203,183		183,828		10.5	%
Total	$	271,657	$	240,266		13.1	%	$	787,946	$	645,971		22.0	%
Long-lived assets:
Industrial Technology	$	47,147	$	49,055		(3.9	)%
Energy Systems & Controls		17,537		19,501		(10.1	)%
Medical & Scientific Imaging		44,513		43,105		3.3	%
RF Technology		29,211		28,360		3.0	%
Total	$	138,408	$	140,021		(1.2	)%

*Segment operating profit is before unallocated corporate general and administrative expenses. These expenses were $25,999 and $20,917 for the three months ended September 30, 2014 and 2013, respectively, and $72,222 and $61,699 for the nine months ended September 30, 2014 and 2013, respectively.