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Segment Information
6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Segment Information
17. Segment Information

The Company categorizes its operating companies into five reportable segments as follows:

Engineered Products segment is a provider of a wide range of products, software and services that have broad customer applications across a number of markets, including aftermarket vehicle service, solid waste handling, industrial automation, aerospace and defense, industrial winch and hoist, and fluid dispensing.

Fueling Solutions segment is focused on providing components, equipment and software and service solutions enabling safe transport of fuels and other hazardous fluids along the supply chain, as well as the safe and efficient operation of retail fueling and vehicle wash establishments.

Imaging & Identification segment supplies precision marking and coding, product traceability and digital textile printing equipment, as well as related consumables, software and services.

Pumps & Process Solutions segment manufactures specialty industrial pumps, fluid handling components, plastics and polymer processing equipment, single use pumps, flow meters and connectors for biopharma and other hygienic applications, and highly engineered components for rotating and reciprocating machines.

Refrigeration & Food Equipment segment is a provider of innovative and energy-efficient equipment and systems that serve the commercial refrigeration, heating and cooling and food equipment markets.
Segment financial information and a reconciliation of segment results to consolidated results was as follows:
 Three Months Ended June 30,Six Months Ended June 30,
 2021202020212020
Revenue:  
Engineered Products$442,091 $342,380 $870,218 $750,540 
Fueling Solutions437,042 326,495 826,720 686,477 
Imaging & Identification294,076 227,977 578,404 484,742 
Pumps & Process Solutions428,701 309,095 823,078 628,631 
Refrigeration & Food Equipment430,506 293,527 802,583 605,440 
Intra-segment eliminations(740)(299)(1,426)(716)
Total consolidated revenue$2,031,676 $1,499,175 $3,899,577 $3,155,114 
Net earnings: 
Segment earnings (EBIT): (1)
  
Engineered Products$62,720 $47,702 $131,499 $116,796 
Fueling Solutions78,755 47,214 145,235 100,712 
Imaging & Identification60,747 38,046 117,739 89,528 
Pumps & Process Solutions138,632 67,702 262,277 133,781 
Refrigeration & Food Equipment(2)
48,971 11,459 87,088 34,988 
Total segment earnings (EBIT)389,825 212,123 743,838 475,805 
Corporate expense / other (3)
40,762 27,311 79,382 51,408 
Interest expense26,661 28,711 53,484 55,979 
Interest income(942)(728)(1,622)(1,911)
Earnings before provision for income taxes323,344 156,829 612,594 370,329 
Provision for income taxes58,836 32,063 115,317 69,284 
Net earnings$264,508 $124,766 $497,277 $301,045 
(1) Segment earnings (EBIT) includes non-operating income and expense directly attributable to the segments. Non-operating income and expense includes gain on sale of a business and other income, net.
(2) The three and six months ended June 30, 2020 include a $781 expense and a $5,770 gain on the sale of AMS Chino, respectively. The three and six months ended June 30, 2020 also include a $3,640 write-off of assets.
(3) Certain expenses are maintained at the corporate level and not allocated to the segments. These expenses include executive and functional compensation costs, non-service pension costs, non-operating insurance expenses, shared business services overhead costs, deal related expenses and various administrative expenses relating to the corporate headquarters.

The following table presents revenue disaggregated by geography based on the location of the Company's customer:
Three Months Ended June 30,Six Months Ended June 30,
Revenue by geography2021202020212020
United States$1,091,015 $852,999 $2,127,029 $1,809,639 
Europe459,074 320,076 904,369 681,242 
Asia236,008 164,009 428,115 318,284 
Other Americas171,891 112,995 302,068 242,044 
Other73,688 49,096 137,996 103,905 
Total$2,031,676 $1,499,175 $3,899,577 $3,155,114