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Information on Business Segments (Tables)
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables set forth information about the Company's operations by its two reportable segments:
 
Three months ended March 31,
 
2014
 
2013
Net sales
 
 
 
   Industrial
$
203,888

 
$
165,502

   Aerospace
108,212

 
98,045

   Intersegment sales
(1
)
 
(2
)
Total net sales
$
312,099

 
$
263,545

 
 
 
 
Operating profit
 
 
 
   Industrial
$
19,374

 
$
14,609

   Aerospace
15,750

 
10,346

Total operating profit
35,124

 
24,955

   Interest expense
3,319

 
4,357

   Other expense (income), net
234

 
966

Income from continuing operations before income taxes
$
31,571

 
$
19,632



 
March 31, 2014
 
December 31, 2013
Assets
 
 
 
   Industrial
$
1,421,029

 
$
1,410,400

   Aerospace
576,336

 
567,080

   Other (A)
137,302

 
146,193

Total assets
$
2,134,667

 
$
2,123,673


(A) "Other" assets include corporate-controlled assets, the majority of which are cash and deferred tax assets.