Information on Business Segments (Tables)

9 Months Ended

Sep. 30, 2014

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 September 30,				Nine months ended September 30,
	2014		2013		2014			2013
Net sales
Industrial	$	207,230	$	167,747	$	623,886		$	503,809
Aerospace	110,429		101,744		327,951			296,622
Intersegment sales	—		—		(5		)	(1		)
Total net sales	$	317,659	$	269,491	$	951,832		$	800,430

Operating profit
Industrial	$	33,205	$	20,874	$	81,344		$	56,406
Aerospace	17,680		7,157		50,047			32,730
Total operating profit	50,885		28,031		131,391			89,136
Interest expense	2,435		2,401		8,558			10,000
Other expense (income), net	741		241		1,768			1,702
Income from continuing operations before income taxes	$	47,709	$	25,389	$	121,065		$	77,434



	September 30, 2014		December 31, 2013
Assets
Industrial	$	1,359,174	$	1,410,400
Aerospace	658,192		567,080
Other ^(A)	138,595		146,193
Total assets	$	2,155,961	$	2,123,673

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

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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