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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2025
Segment Reporting [Abstract] |
Summarized Financial Information of Reportable Segments | The following is a summary of the financial information of the reportable segments reconciled to the amounts reported in the condensed consolidated financial statements:
| Three Months Ended March 31, 2025
(Amounts in thousands) | FPD |  | FCD |  | Subtotal–Reportable Segments |  | Eliminations and All Other |  | Consolidated Total
Sales to external customers | $ | 781,489 |  |  | $ | 363,054 |  |  | $ | 1,144,543 |  |  | $ | — |  |  | $ | 1,144,543 |
Intersegment sales | 1,651 |  |  | 1,052 |  |  | 2,703 |  |  | (2,703) |  |  | — |
Cost of Sales | (514,678) |  |  | (263,919) |  |  | (778,597) |  |  |  |  |
Selling, general and administrative expense | (137,680) |  |  | (68,705) |  |  | (206,385) |  |  |  |  |
Other Segment items (1) | 5,732 |  |  | — |  |  | 5,732 |  |  |  |  |
Segment operating income | 136,515 |  |  | 31,482 |  |  | 167,997 |  |  |  |  |
Depreciation and amortization | 9,795 |  |  | 9,743 |  |  | 19,538 |  |  | 4,864 |  |  | 24,402 |
Identifiable assets | 3,159,095 |  |  | 1,770,584 |  |  | 4,929,679 |  |  | 553,619 |  |  | 5,483,298 |
Capital expenditures | 6,944 |  |  | 2,296 |  |  | 9,240 |  |  | 2,498 |  |  | 11,738 |
| Three Months Ended March 31, 2024
| FPD |  | FCD |  | Subtotal–Reportable Segments |  | Eliminations and All Other |  | Consolidated Total
Sales to external customers | $ | 768,763 |  |  | $ | 318,716 |  |  | $ | 1,087,479 |  |  | $ | — |  |  | $ | 1,087,479 |
Intersegment sales | 637 |  |  | 1,802 |  |  | 2,439 |  |  | (2,439) |  |  | — |
Cost of Sales | (521,462) |  |  | (227,823) |  |  | $ | (749,285) |  |  |  |  |
Selling, general and administrative expense | (139,710) |  |  | (57,987) |  |  | (197,697) |  |  |  |  |
Other Segment items (1) | 2,666 |  |  | — |  |  | $ | 2,666 |  |  |  |  |
Segment operating income | 110,894 |  |  | 34,708 |  |  | 145,602 |  |  |  |  |
Depreciation and amortization | 11,425 |  |  | 4,953 |  |  | 16,378 |  |  | 5,202 |  |  | 21,580 |
Identifiable assets | 3,231,614 |  |  | 1,333,677 |  |  | 4,565,291 |  |  | 584,634 |  |  | 5,149,925 |
Capital expenditures | 9,823 |  |  | 2,327 |  |  | 12,150 |  |  | 1,460 |  |  | 13,610 |
__________________ (1) Other Segment items comprises Net Earnings from Affiliates. The following are reconciliations from total segment operating income to earnings before income tax reported in the condensed consolidated income statements.
| Three Months Ended March 31,
| 2025 |  | 2024
| (Amounts in thousands)
Total segment operating income (loss) | $ | 167,997 |  |  | $ | 145,602 |
Intersegment sales | (2,703) |  |  | (2,439) |
Eliminations and all other cost of sales | 3,387 |  |  | 774 |
Eliminations and all other SG&A | (36,792) |  |  | (30,721) |
Interest expense | (19,175) |  |  | (15,317) |
Interest income | 1,745 |  |  | 1,169 |
Net earnings (loss) from affiliates | — |  |  | (137) |
Other income (expense), net | (17,259) |  |  | (874) |
Earnings before income taxes | 97,200 |  |  | 98,057 |

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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://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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