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Segment Information
 9 Months Ended
Sep. 28, 2012
Segment Information [Abstract]  
Segment Information Text Block

6.       The Company has three reportable segments: Industrial, Contractor and Lubrication. Sales and operating earnings by segment for the thirteen and thirty-nine weeks ended September 28, 2012 and September 30, 2011 were as follows (in thousands):

   Thirteen Weeks Ended Thirty-nine Weeks Ended
   Sep 28, Sep 30, Sep 28, Sep 30,
   2012 2011 2012 2011
 Net Sales           
  Industrial$ 154,704 $ 124,502 $ 447,027 $ 376,636
  Contractor  74,851   77,757   228,943   228,664
  Lubrication  26,917   25,088   82,808   74,389
 Total$ 256,472 $ 227,347 $ 758,778 $ 679,689
 Operating Earnings           
  Industrial$ 47,162 $ 42,632 $ 138,646 $ 132,996
  Contractor  12,835   16,700   43,339   44,239
  Lubrication  5,356   4,380   16,988   13,652
  Unallocated corporate (expense)  (9,022)   (6,910)   (32,198)   (18,761)
 Total$ 56,331 $ 56,802 $ 166,775 $ 172,126

Unallocated corporate includes acquisition-related expenses of $4 million for the quarter and $15 million year-to-date in 2012 and $3 million for the quarter and $6 million year-to-date in 2011.

 

Assets by segment were as follows (in thousands):

   Sep 28, Dec 30,
   2012 2011
        
 Industrial$ 562,736 $ 302,805
 Contractor  150,788   146,556
 Lubrication  85,181   91,137
 Unallocated corporate  501,263   333,811
 Total$ 1,299,968 $ 874,309

Unallocated corporate in 2012 includes $427 million of investment in businesses held separate (see note 12).

Geographic information follows (in thousands):

   Thirteen Weeks Ended Thirty-nine Weeks Ended
   Sep 28, Sep 30, Sep 28, Sep 30,
   2012 2011 2012 2011
 Net sales           
 (based on customer location)           
  United States$ 111,426 $ 102,750 $ 332,048 $ 303,565
  Other countries  145,046   124,597   426,730   376,124
 Total$ 256,472 $ 227,347 $ 758,778 $ 679,689
              
   Sep 28, Dec 30,      
   2012 2011      
 Long-lived assets           
  United States$ 120,744 $ 120,119      
  Other countries  32,122   18,129      
 Total$ 152,866 $ 138,248