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SEGMENT INFORMATION (Table) | 6 Months Ended
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Jun. 30, 2016
Segment Reporting [Abstract] |
Schedule Of Segment Reporting Information By Segment |
| Three Months Ended |  | Six Months Ended
(In thousands) | June 30, |  | June 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Net sales |  |  |  |  |  |  |
Commercial/Industrial | $ | 290,428 |  |  | $ | 305,074 |  |  | $ | 565,633 |  |  | $ | 604,972 |
Defense | 114,877 |  |  | 120,149 |  |  | 220,607 |  |  | 234,501 |
Power | 129,123 |  |  | 121,661 |  |  | 252,869 |  |  | 256,796 |
Less: Intersegment revenues | (1,662 | ) |  | (1,690 | ) |  | (2,836 | ) |  | (4,876 | )
Total consolidated | $ | 532,766 |  |  | $ | 545,194 |  |  | $ | 1,036,273 |  |  | $ | 1,091,393 |
Operating income (expense) |  |  |  |  |  |  |
Commercial/Industrial | $ | 38,957 |  |  | $ | 45,253 |  |  | $ | 69,009 |  |  | $ | 88,542 |
Defense | 18,609 |  |  | 24,391 |  |  | 35,454 |  |  | 42,418 |
Power | 16,114 |  |  | 1,454 |  |  | 30,742 |  |  | 20,966 |
Corporate and eliminations (1) | (5,591 | ) |  | (5,656 | ) |  | (9,853 | ) |  | (13,649 | )
Total consolidated | $ | 68,089 |  |  | $ | 65,442 |  |  | $ | 125,352 |  |  | $ | 138,277 |
(1) Corporate and eliminations includes pension and other postretirement benefit expense, certain environmental costs related to remediation at legacy sites, foreign currency transactional gains and losses, and certain other expenses.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated | Operating income by reportable segment and the reconciliation to income from continuing operations before income taxes are as follows:
| Three Months Ended |  | Six Months Ended
(In thousands) | June 30, |  | June 30,
| 2016 |  | 2015 |  | 2016 |  | 2015
Total operating income | $ | 68,089 |  |  | $ | 65,442 |  |  | $ | 125,352 |  |  | $ | 138,277 |
Interest expense | 10,273 |  |  | 8,985 |  |  | 20,206 |  |  | 17,981 |
Other income (expense), net | 101 |  |  | (37 | ) |  | 335 |  |  | 444 |
Earnings from continuing operations before income taxes | $ | 57,917 |  |  | $ | 56,420 |  |  | $ | 105,481 |  |  | $ | 120,740 |
Reconciliation Of Assets From Segment To Consolidated |
(In thousands) | June 30, 2016 |  | December 31, 2015
Identifiable assets |  |  |
Commercial/Industrial | $ | 1,469,641 |  |  | $ | 1,480,052 |
Defense | 805,307 |  |  | 800,613 |
Power | 535,348 |  |  | 629,612 |
Corporate and Other | 168,884 |  |  | 79,334 |
Total consolidated | $ | 2,979,180 |  |  | $ | 2,989,611 |

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- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 + Details
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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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- 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. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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