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Nature Of Operations And Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]  
Computation Of Basic And Diluted Earnings Per Share
(in thousands, except per share data) For the year ended December 31,
2012

 
2011

 
2010

Income from continuing operations
$
196,189

 
$
22,816

 
$
152,980

Less: Non-controlling interest in subsidiaries’ earnings
828

 
201

 
20

Income from continuing operations attributable to common shareholders
195,361

 
22,615

 
152,960

Discontinued operations, net of tax
21,632

 
3,700

 
1,210

Net income attributable to common shareholders
$
216,993

 
$
26,315

 
$
154,170

Average basic shares outstanding
57,443

 
58,120

 
58,601

Effect of dilutive stock options
850

 
1,084

 
961

Average diluted shares outstanding
58,293

 
59,204

 
59,562

Earnings per share - basic:
 
 
 
 
 
Income from continuing operations attributable to common shareholders
$
3.40

 
$
0.39

 
$
2.61

Discontinued operations, net of tax
0.38

 
0.06

 
0.02

Net income attributable to common shareholders
$
3.78

 
$
0.45

 
$
2.63

Earnings per share - diluted:
 
 
 
 
 
Income from continuing operations attributable to common shareholders
$
3.35

 
$
0.38

 
$
2.57

Discontinued operations, net of tax
0.37

 
0.06

 
0.02

Net income attributable to common shareholders
$
3.72

 
$
0.44

 
$
2.59

Summary Of Allowance For Doubtful Accounts
A summary of allowance for doubtful accounts activity follows:
 
(in thousands) December 31,
 
2012

 
2011

 
2010

Balance at beginning of year
 
$
7,317

 
$
8,221

 
$
8,906

Provisions
 
5,878

 
5,518

 
4,250

Deductions
 
(6,504
)
 
(6,422
)
 
(4,935
)
Balance at end of year
 
$
6,691

 
$
7,317

 
$
8,221

Summary Of Inventories
Inventories consist of the following:
(in thousands) December 31,
 
2012

 
2011

Finished goods
 
$
113,872

 
$
105,442

Finished parts and subassemblies
 
37,517

 
35,100

Work in process
 
59,277

 
74,608

Raw materials
 
142,059

 
145,539

Total inventories
 
$
352,725

 
$
360,689

Summary Of Property, Plant And Equipment, Net
Property, plant and equipment, net consist of the following: 
(in thousands) December 31,
 
2012

 
2011

Land
 
$
69,385

 
$
68,404

Buildings and improvements
 
180,909

 
191,821

Machinery and equipment
 
546,083

 
541,832

Gross property, plant and equipment
 
796,377

 
802,057

Less: accumulated depreciation
 
528,094

 
517,911

Property, plant and equipment, net
 
$
268,283

 
$
284,146

Schedule Of Changes To Goodwill
Changes to goodwill are as follows:
(in thousands) December 31,
2012

 
2011

Balance at beginning of period
$
820,824

 
$
810,285

Additions

 
10,900

Disposals
(13,966
)
 

Adjustments to purchase price allocations

 
3,932

Currency translation
6,934

 
(4,293
)
Balance at end of period
$
813,792

 
$
820,824

Schedule Of Changes To Intangible Assets
Changes to intangible assets are as follows:
(in thousands) December 31,
2012

 
2011

Balance at beginning of period, net of accumulated amortization
$
146,227

 
$
162,636

Additions

 
5,980

Disposals
(3,789
)
 

Amortization expense
(16,907
)
 
(21,646
)
Currency translation and other
382

 
(743
)
Balance at end of period, net of accumulated amortization
$
125,913

 
$
146,227

Summary Of Intangible Assets
A summary of intangible assets follows:
(in thousands)
Weighted Average
Amortization Period of Finite Lived Assets (in years)
 
December 31, 2012
 
December 31, 2011
 
Gross
Asset

 
Accumulated
Amortization

 
Net

 
Gross
Asset

 
Accumulated
Amortization

 
Net

Intellectual property rights
18.9
 
$
88,614

 
$
47,202

 
$
41,412

 
$
89,619

 
$
46,286

 
$
43,333

Customer relationships and backlog
11.6
 
140,250

 
73,630

 
66,620

 
146,291

 
66,256

 
80,035

Drawings
37.9
 
11,149

 
9,850

 
1,299

 
11,824

 
10,423

 
1,401

Other
14.1
 
51,093

 
34,511

 
16,582

 
52,155

 
30,697

 
21,458

Total
14.0
 
$
291,106

 
$
165,193

 
$
125,913

 
$
299,889

 
$
153,662

 
$
146,227

Classification Of Accumulated Other Comprehensive Income (Loss) Reflected On Consolidated Balance Sheets
The table below provides the accumulated balances for each classification of accumulated other comprehensive income (loss), as reflected on the Consolidated Balance Sheets.
(in thousands) December 31,
 
2012

 
2011

 
2010

Currency translation adjustment
 
$
69,729

 
$
64,910

 
$
77,183

Cumulative changes in pension and postretirement plan assets and obligation, net of tax
 
(197,806
)
 
(158,422
)
 
(65,665
)
Accumulated other comprehensive (loss) income (a)
 
$
(128,077
)
 
$
(93,512
)
 
$
11,518