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Segment Information
9 Months Ended
Jun. 29, 2013
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Segment Information
Segment Information

Below are sales and operating profit by segment for the three and nine months ended June 29, 2013 and
June 30, 2012 and a reconciliation of segment operating profit to earnings before income taxes. Operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense and other corporate expenses. Cost of sales and other operating expenses are directly identifiable to the respective segment or allocated on the basis of sales, number of employees or profit.

 
 
Three Months Ended
 
Nine Months Ended
 
 
June 29,
2013
 
June 30,
2012
 
June 29,
2013
 
June 30,
2012
Net sales:
 
 
 
 
 
 
 
 
Aircraft Controls
 
$
272,855

 
$
242,220

 
$
783,996

 
$
709,688

Space and Defense Controls
 
100,071

 
87,138

 
292,224

 
265,343

Industrial Systems
 
147,161

 
157,871

 
439,338

 
483,971

Components
 
112,546

 
90,335

 
310,625

 
274,125

Medical Devices
 
37,999

 
33,657

 
108,275

 
103,682

Net sales
 
$
670,632

 
$
611,221

 
$
1,934,458

 
$
1,836,809

Operating profit (loss) and margins:
 
 
 
 
 
 
 
 
Aircraft Controls
 
$
31,054

 
$
27,826

 
$
93,647

 
$
75,436


 
11.4
 %
 
11.5
%
 
11.9
%
 
10.6
%
Space and Defense Controls
 
6,711

 
9,892

 
22,610

 
32,538


 
6.7
 %
 
11.4
%
 
7.7
%
 
12.3
%
Industrial Systems
 
9,273

 
15,880

 
26,157

 
50,978


 
6.3
 %
 
10.1
%
 
6.0
%
 
10.5
%
Components
 
18,360

 
12,657

 
52,548

 
41,165


 
16.3
 %
 
14.0
%
 
16.9
%
 
15.0
%
Medical Devices
 
(2,775
)
 
1,358

 
133

 
4,445


 
(7.3
)%
 
4.0
%
 
0.1
%
 
4.3
%
Total operating profit
 
62,623

 
67,613

 
195,095

 
204,562


 
9.3
 %
 
11.1
%
 
10.1
%
 
11.1
%
Deductions from operating profit:
 
 
 
 
 
 
 
 
Interest expense
 
6,084

 
8,566

 
21,122

 
25,748

Equity-based compensation expense
 
949

 
750

 
5,673

 
5,540

Corporate expenses and other
 
7,964

 
4,938

 
21,643

 
17,177

Earnings before income taxes
 
$
47,626

 
$
53,359

 
$
146,657

 
$
156,097