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Information on Business Segments (Tables)
9 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables set forth information about the Company's operations by its three reportable segments:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2012
 
2011
 
2012
 
2011
Net sales
 
 
 
 
 
 
 
   Aerospace
$
98,370

 
$
98,125

 
$
289,391

 
$
283,415

   Industrial
123,812

 
112,476

 
349,404

 
337,910

   Distribution
85,719

 
90,260

 
270,999

 
271,903

   Intersegment sales
(1,842
)
 
(2,218
)
 
(7,217
)
 
(7,159
)
Total net sales
$
306,059

 
$
298,643

 
$
902,577

 
$
886,069

 
 
 
 
 
 
 
 
Operating profit
 
 
 
 
 
 
 
   Aerospace
$
15,345

 
$
16,071

 
$
44,269

 
$
44,548

   Industrial
7,406

 
10,340

 
28,728

 
32,275

   Distribution
6,920

 
7,777

 
23,813

 
21,855

Total operating profit
29,671

 
34,188

 
96,810

 
98,678

   Interest expense
3,243

 
1,902

 
8,046

 
7,906

   Other expense (income), net
851

 
(501
)
 
1,799

 
228

Income from continuing operations before income taxes
$25,577
 
$32,787
 
$86,965
 
$90,544


 
September 30, 2012
 
December 31, 2011
Assets
 
 
 
   Aerospace
$
534,807

 
$
544,943

   Industrial(A)
879,284

 
453,279

   Distribution
284,125

 
278,139

   Other (B)
180,663

 
164,004

Total assets
$
1,878,879

 
$
1,440,365


(A) The increase in assets within the Industrial segment primarily reflects the acquisition of Synventive.
(B) "Other" assets include corporate-controlled assets, the majority of which are cash and deferred tax assets.