v3.10.0.1
Segment Information (Tables)
9 Months Ended
Sep. 28, 2018
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The Company’s segment results were as follows:
 
Three Months Ended
 
Nine Months Ended
 
September 28, 2018
 
September 29, 2017
 
September 28, 2018
 
September 29, 2017
 
(In thousands)
Net sales:
 
 
 
     Air and Gas Handling
$
351,350

 
$
362,310

 
$
1,063,433

 
$
989,044

     Fabrication Technology
524,023

 
482,199

 
1,618,153

 
1,437,057

 
$
875,373

 
$
844,509

 
$
2,681,586

 
$
2,426,101

Segment operating income(1):
 
 
 
 
 
 
 
     Air and Gas Handling
$
34,380

 
$
40,234

 
$
84,435

 
$
97,570

     Fabrication Technology
55,635

 
56,232

 
190,865

 
172,696

     Corporate and other
(13,919
)
 
(14,402
)
 
(46,453
)
 
(42,024
)
 
$
76,096

 
$
82,064

 
$
228,847

 
$
228,242

 
(1) The following is a reconciliation of Income from continuing operations before income taxes to segment operating income:
 
Three Months Ended
 
Nine Months Ended
 
September 28, 2018
 
September 29, 2017
 
September 28, 2018
 
September 29, 2017
 
(In thousands)
Income from continuing operations before income taxes
$
50,295

 
$
63,438

 
$
148,775

 
$
176,005

Loss on short term investments

 

 
10,128

 

Interest expense, net
9,885

 
11,328

 
29,153

 
29,106

Restructuring and other related charges
15,916

 
7,298

 
40,791

 
23,131

Segment operating income
$
76,096

 
$
82,064

 
$
228,847

 
$
228,242