Information on Business Segments (Tables)

9 Months Ended

Sep. 30, 2016

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 September 30,						Nine months ended September 30,
	2016			2015			2016			2015
Net sales
Industrial	$	208,748		$	189,106		$	608,534		$	592,044
Aerospace	102,816			102,329			298,055			314,910
Intersegment sales	(3		)	(1		)	(3		)	(5		)
Total net sales	$	311,561		$	291,434		$	906,586		$	906,949
Operating profit
Industrial	$	34,958		$	27,304		$	99,445		$	88,262
Aerospace	16,859			16,443			41,359			50,029
Total operating profit	51,817			43,747			140,804			138,291
Interest expense	3,020			2,637			8,826			7,944
Other expense (income), net	621			(545		)	24			(228		)
Income before income taxes	$	48,176		$	41,655		$	131,954		$	130,575

	September 30, 2016		December 31, 2015
Assets
Industrial (A)	$	1,441,695	$	1,241,206
Aerospace	637,232		654,147
Other (B)	142,956		166,513
Total assets	$	2,221,883	$	2,061,866

(A) The change in assets within the Industrial segment primarily reflects an increase in assets resulting from the acquisition of FOBOHA.

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