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v3.19.3

Segments (Tables) | 12 Months Ended
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Sep. 28, 2019
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract] |
Segment Information And Reconciliations To Consolidated Amounts | Disaggregation of net sales by segment are as follows:
Market Type |  | 2019 |  | 2018 |  | 2017
Net sales: |  |  |  |  |  |
Military |  | $ | 622,126 |  |  | $ | 571,886 |  |  | $ | 522,110 |
Commercial |  | 680,846 |  |  | 621,619 |  |  | 602,775 |
Aircraft Controls |  | 1,302,972 |  |  | 1,193,505 |  |  | 1,124,885 |
Space |  | 218,970 |  |  | 214,741 |  |  | 187,217 |
Defense |  | 464,498 |  |  | 366,136 |  |  | 341,986 |
Space and Defense Controls |  | 683,468 |  |  | 580,877 |  |  | 529,203 |
Energy |  | 120,771 |  |  | 163,888 |  |  | 145,344 |
Industrial Automation |  | 447,515 |  |  | 430,754 |  |  | 377,211 |
Simulation and Test |  | 122,935 |  |  | 127,321 |  |  | 126,135 |
Medical |  | 227,002 |  |  | 213,123 |  |  | 194,745 |
Industrial Systems |  | 918,223 |  |  | 935,086 |  |  | 843,436 |
Net sales |  | $ | 2,904,663 |  |  | $ | 2,709,468 |  |  | $ | 2,497,524 |
Customer Type |  | 2019 |  | 2018 |  | 2017
Net sales: |  |  |  |  |  |
Commercial |  | $ | 680,846 |  |  | $ | 621,619 |  |  | $ | 602,775 |
U.S. Government (including OEM) |  | 484,203 |  |  | 447,148 |  |  | 388,697 |
Other |  | 137,923 |  |  | 124,738 |  |  | 133,413 |
Aircraft Controls |  | 1,302,972 |  |  | 1,193,505 |  |  | 1,124,885 |
Commercial |  | 124,445 |  |  | 116,984 |  |  | 170,212 |
U.S. Government (including OEM) |  | 513,250 |  |  | 424,848 |  |  | 354,817 |
Other |  | 45,773 |  |  | 39,045 |  |  | 4,174 |
Space and Defense Controls |  | 683,468 |  |  | 580,877 |  |  | 529,203 |
Commercial |  | 888,132 |  |  | 904,439 |  |  | 805,934 |
U.S. Government (including OEM) |  | 20,452 |  |  | 25,886 |  |  | 28,226 |
Other |  | 9,639 |  |  | 4,761 |  |  | 9,276 |
Industrial Systems |  | 918,223 |  |  | 935,086 |  |  | 843,436 |
Commercial |  | 1,693,423 |  |  | 1,643,042 |  |  | 1,578,921 |
U.S. Government (including OEM) |  | 1,017,905 |  |  | 897,882 |  |  | 771,740 |
Other |  | 193,335 |  |  | 168,544 |  |  | 146,863 |
Net sales |  | $ | 2,904,663 |  |  | $ | 2,709,468 |  |  | $ | 2,497,524 |
Operating profit is net sales less cost of sales and other operating expenses, excluding interest expense, equity-based compensation expense, non-service pension 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, manpower or profit. Operating profit by segment and reconciliations to consolidated amounts are as follows:
|  | 2019 |  | 2018 |  | 2017
Operating profit: |  |  |  |  |  |
Aircraft Controls |  | $ | 122,701 |  |  | $ | 129,772 |  |  | $ | 116,797 |
Space and Defense Controls |  | 88,990 |  |  | 67,615 |  |  | 49,989 |
Industrial Systems |  | 109,451 |  |  | 64,964 |  |  | 92,061 |
Total operating profit |  | 321,142 |  |  | 262,351 |  |  | 258,847 |
Deductions from operating profit: |  |  |  |  |  |
Interest expense |  | 39,269 |  |  | 36,238 |  |  | 34,551 |
Equity-based compensation expense |  | 6,464 |  |  | 5,804 |  |  | 4,582 |
Non-service pension expense |  | 12,746 |  |  | 6,778 |  |  | 12,594 |
Corporate and other expenses, net |  | 28,905 |  |  | 29,694 |  |  | 25,409 |
Earnings before income taxes |  | $ | 233,758 |  |  | $ | 183,837 |  |  | $ | 181,711 |
Depreciation and amortization: |  |  |  |  |  |
Aircraft Controls |  | $ | 41,144 |  |  | $ | 40,795 |  |  | $ | 41,977 |
Space and Defense Controls |  | 18,014 |  |  | 17,900 |  |  | 18,980 |
Industrial Systems |  | 25,454 |  |  | 28,825 |  |  | 28,099 |
Corporate |  | 648 |  |  | 1,052 |  |  | 1,111 |
Total depreciation and amortization |  | $ | 85,260 |  |  | $ | 88,572 |  |  | $ | 90,167 |
Identifiable assets: |  |  |  |  |  |
Aircraft Controls |  | $ | 1,300,781 |  |  | $ | 1,168,964 |  |  | $ | 1,120,099 |
Space and Defense Controls |  | 737,141 |  |  | 660,589 |  |  | 575,132 |
Industrial Systems |  | 1,040,659 |  |  | 1,077,022 |  |  | 1,124,950 |
Corporate |  | 35,656 |  |  | 57,473 |  |  | 270,411 |
Total assets |  | $ | 3,114,237 |  |  | $ | 2,964,048 |  |  | $ | 3,090,592 |
Capital expenditures: |  |  |  |  |  |
Aircraft Controls |  | $ | 68,595 |  |  | $ | 46,705 |  |  | $ | 36,216 |
Space and Defense Controls |  | 23,903 |  |  | 22,452 |  |  | 15,173 |
Industrial Systems |  | 25,808 |  |  | 25,156 |  |  | 23,953 |
Corporate |  | 116 |  |  | 204 |  |  | 456 |
Total capital expenditures |  | $ | 118,422 |  |  | $ | 94,517 |  |  | $ | 75,798 |
Sales, Based On The Customer's Location, And Property, Plant And Equipment By Geographic Area | Sales, based on the customer’s location, and property, plant and equipment by geographic area are as follows:
|  | 2019 |  | 2018 |  | 2017
Net sales: |  |  |  |  |  |
United States |  | $ | 1,757,518 |  |  | $ | 1,592,513 |  |  | $ | 1,438,428 |
Germany |  | 213,128 |  |  | 202,676 |  |  | 195,328 |
Japan |  | 166,690 |  |  | 158,686 |  |  | 152,148 |
France |  | 143,019 |  |  | 138,054 |  |  | 145,627 |
Other |  | 624,308 |  |  | 617,539 |  |  | 565,993 |
Net sales |  | $ | 2,904,663 |  |  | $ | 2,709,468 |  |  | $ | 2,497,524 |
Property, plant and equipment, net: |  |  |  |  |  |
United States |  | $ | 365,136 |  |  | $ | 325,088 |  |  | $ | 303,925 |
Philippines |  | 61,910 |  |  | 63,870 |  |  | 64,260 |
United Kingdom |  | 56,253 |  |  | 61,438 |  |  | 64,065 |
Other |  | 103,468 |  |  | 102,469 |  |  | 90,741 |
Property, plant and equipment, net |  | $ | 586,767 |  |  | $ | 552,865 |  |  | $ | 522,991 |

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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 -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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