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Segment Results (Tables)
9 Months Ended
Sep. 30, 2012
Summary Of Financial Information By Reportable Segment

The following table provides financial information by reportable segment for the three and nine-month periods ended September 30, 2012 and 2011:

 

     Three Months Ended
September 30,
    Nine Months Ended
September 30,
 
     2012     2011     2012     2011  

Industrial Products Group

        

Revenues

   $ 311,767      $ 320,171      $ 967,316      $ 934,227   

Operating income (1)

     39,402        38,607        95,765        103,734   

Operating income as a percentage of revenues

     12.6     12.1     9.9     11.1

Engineered Products Group

        

Revenues

   $ 236,717      $ 294,511      $ 798,538      $ 823,001   

Operating income (1)

     49,650        67,973        181,114        188,841   

Operating income as a percentage of revenues

     21.0     23.1     22.7     22.9

Reconciliation of Segment Results to Consolidated Results

        

Total segment operating income

   $ 89,052      $ 106,580      $ 276,879      $ 292,575   

Interest expense

     3,739        2,898        11,540        12,179   

Other expense (income), net

     (1,252     (138     (2,832     (821
  

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated income before income taxes

   $ 86,565      $ 103,820      $ 268,171      $ 281,217   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) See Note 3 “Restructuring.”