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Segment Information
3 Months Ended
Dec. 28, 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 months ended December 28, 2013 and
December 29, 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
 
 
December 28,
2013
 
December 29,
2012
Net sales:
 
 
 
 
Aircraft Controls
 
$
265,416

 
$
252,281

Space and Defense Controls
 
99,450

 
86,465

Industrial Systems
 
144,079

 
147,976

Components
 
102,685

 
99,275

Medical Devices
 
31,755

 
34,806

Net sales
 
$
643,385

 
$
620,803

Operating profit and margins:
 
 
 
 
Aircraft Controls
 
$
31,771

 
$
31,075


 
12.0
%
 
12.3
%
Space and Defense Controls
 
7,853

 
8,228


 
7.9
%
 
9.5
%
Industrial Systems
 
12,286

 
9,047


 
8.5
%
 
6.1
%
Components
 
16,189

 
18,846


 
15.8
%
 
19.0
%
Medical Devices
 
3,628

 
1,602


 
11.4
%
 
4.6
%
Total operating profit
 
71,727

 
68,798


 
11.1
%
 
11.1
%
Deductions from operating profit:
 
 
 
 
Interest expense
 
5,129

 
8,596

Equity-based compensation expense
 
3,774

 
3,891

Redemption of senior subordinated notes
 
8,002

 

Corporate expenses and other
 
7,965

 
7,240

Earnings before income taxes
 
$
46,857

 
$
49,071