Information on Business Segments (Tables)

6 Months Ended

Jun. 30, 2017

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 June 30,						Six months ended June 30,
	2017			2016			2017			2016
Net sales
Industrial	$	251,845		$	204,540		$	479,185		$	399,786
Aerospace	112,662			102,153			227,132			195,240
Intersegment sales	(14		)	—			(22		)	(1		)
Total net sales	$	364,493		$	306,693		$	706,295		$	595,025
Operating profit
Industrial	$	37,395		$	34,843		$	70,850		$	64,487
Aerospace	19,745			12,617			42,037			24,500
Total operating profit	57,140			47,460			112,887			88,987
Interest expense	3,541			2,815			6,890			5,806
Other expense (income), net	394			(824		)	416			(597		)
Income before income taxes	$	53,205		$	45,469		$	105,581		$	83,778

	June 30, 2017		December 31, 2016
Assets
Industrial	$	1,473,149	$	1,356,081
Aerospace	647,192		647,766
Other (A)	166,034		133,692
Total assets	$	2,286,375	$	2,137,539

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