Circor International (CIR) 10-Q 31 Oct 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 28, 2014	Oct. 24, 2014
Document And Entity Information [Abstract]	'	'
Entity Registrant Name	'CIRCOR INTERNATIONAL INC	'
Entity Central Index Key	'0001091883	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	28-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	17,675,394

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Sep. 28, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
ASSETS	'	'
Cash and cash equivalents	$114,580	$102,180
Short-term Investments	91	95
Trade accounts receivable, less allowance for doubtful accounts of $2,852 and $2,449, respectively	170,777	144,742
Inventories, net	195,522	199,404
Prepaid expenses and other current assets	19,510	19,815
Deferred income tax asset	19,992	17,686
Total Current Assets	520,472	483,922
PROPERTY, PLANT AND EQUIPMENT, NET	101,786	107,724
OTHER ASSETS:	'	'
Goodwill	75,245	75,876
Intangibles, net	32,622	35,656
Deferred income tax asset	15,271	18,579
Other assets	5,098	4,893
TOTAL ASSETS	750,494	726,650
CURRENT LIABILITIES:	'	'
Accounts payable	86,780	70,589
Accrued expenses and other current liabilities	59,677	57,507
Accrued compensation and benefits	26,860	31,289
Income taxes payable	4,629	3,965
Notes payable and current portion of long-term debt	7,439	7,203
Total Current Liabilities	185,385	170,553
LONG-TERM DEBT, NET OF CURRENT PORTION	26,403	42,435
DEFERRED INCOME TAXES	8,721	9,666
OTHER NON-CURRENT LIABILITIES	21,950	27,109
SHAREHOLDERS’ EQUITY:	'	'
Preferred stock, $0.01 par value; 1,000,000 shares authorized; no shares issued and outstanding	0	0
Common stock, $0.01 par value; 29,000,000 shares authorized; 17,675,394 and 17,610,526 shares issued and outstanding at September 28, 2014 and December 31, 2013, respectively	170	176
Additional paid-in capital	276,374	269,884
Retained earnings	241,871	202,930
Accumulated other comprehensive (loss) gain, net of taxes	-10,380	3,897
Total Shareholders’ Equity	508,035	476,887
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$750,494	$726,650

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 28, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Trade accounts receivable, allowance for doubtful accounts	$2,832	$2,449
Preferred stock, par value	$0.01	$0.01
Preferred Stock, Shares Authorized	1,000,000	1,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common stock, par value	$0.01	$0.01
Common Stock, Shares Authorized	29,000,000	29,000,000
Common Stock, Shares, Issued	17,675,394	17,610,526
Common Stock, Shares, Outstanding	17,675,394	17,610,526

Consolidated_Statements_Of_Inc

Consolidated Statements Of Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013
Net revenues	$203,818	$214,731	$622,888	$643,773
Cost of revenues	141,601	144,593	436,333	443,679
GROSS PROFIT	62,217	70,138	186,555	200,094
Selling, general and administrative expenses	41,873	46,392	129,370	139,561
Special charges, net	478	-190	578	3,441
OPERATING INCOME	19,866	23,936	56,607	57,092
Other (income) expense:	'	'	'	'
Interest expense, net	436	745	2,245	2,370
Other expense (income), net	419	568	-434	1,807
TOTAL OTHER EXPENSE, NET	855	1,313	1,811	4,177
INCOME BEFORE INCOME TAXES	19,012	22,623	54,796	52,915
Provision for income taxes	4,337	4,903	13,565	14,619
NET INCOME	$14,675	$17,720	$41,231	$38,296
Earnings per common share:	'	'	'	'
Basic	$0.83	$1.01	$2.34	$2.18
Diluted	$0.83	$1	$2.32	$2.18
Weighted average number of common shares outstanding:	'	'	'	'
Basic	17,675	17,582	17,654	17,553
Diluted	17,779	17,667	17,763	17,602
Dividends paid per common share	$0.04	$0.04	$0.11	$0.11

Statements_Of_Consolidated_Com

Statements Of Consolidated Comprehensive Income (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income	$14,675	$17,720	$41,231	$38,296
Other comprehensive (loss) income, net of tax:	'	'	'	'
Foreign currency translation adjustments	-15,123	8,236	-14,272	-295
Other comprehensive income (loss)	-15,123	8,236	-14,272	-295
COMPREHENSIVE INCOME (LOSS)	($448)	$25,956	$26,959	$38,001

Consolidated_Statements_Of_Cas

Consolidated Statements Of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013
OPERATING ACTIVITIES	'	'
Net income	$41,231	$38,296
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	12,163	11,943
Amortization	2,367	2,273
Compensation expense of share-based plans	5,956	3,343
Tax effect of share-based plan compensation	-744	-536
Gain on property, plant and equipment	-133	-70
Gain on return of acquisition purchase price	0	-3,400
Change in operating assets and liabilities:	'	'
Trade accounts receivable, net	-30,942	493
Inventories, net	-159	-33
Prepaid expenses and other assets	-121	193
Accounts payable, accrued expenses and other liabilities	14,953	1,259
Net cash provided by operating activities	44,571	53,761
INVESTING ACTIVITIES	'	'
Additions to property, plant and equipment	-8,900	-13,579
Proceeds from the sale of property, plant and equipment	761	348
Proceeds from sale of affiliate	177	0
Business acquisitions, return of purchase price	0	-3,400
Net cash used in investing activities	-7,962	-9,831
FINANCING ACTIVITIES	'	'
Proceeds from long-term debt	109,104	104,626
Payments of long-term debt	-125,140	-124,351
Debt issuance costs	920	0
Dividends paid	-2,011	-2,011
Proceeds from the exercise of stock options	420	1,843
Tax effect of share-based compensation	744	536
Net cash used in financing activities	-17,803	-19,357
Effect of exchange rate changes on cash and cash equivalents	-6,406	-27
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	12,400	24,547
Cash and cash equivalents at beginning of period	102,180	61,738
CASH AND CASH EQUIVALENTS AT END OF PERIOD	114,580	86,285
Supplemental Cash Flow Information:	'	'
Income taxes	12,760	5,463
Interest	$1,923	$1,910

Basis_Of_Presentation

Basis Of Presentation	9 Months Ended
	Sep. 28, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Basis Of Presentation	'
	Basis of Presentation
	The accompanying unaudited, consolidated financial statements have been prepared according to the rules and regulations of the United States Securities and Exchange Commission (“SEC”) and, in the opinion of management, reflect all adjustments, which include normal recurring adjustments, necessary for a fair presentation of the consolidated balance sheets, consolidated statements of income and consolidated statements of cash flows of CIRCOR International, Inc. (“CIRCOR”, the “Company”, “us”, “we” or “our”) for the periods presented. We prepare our interim financial information using the same accounting principles as we use for our annual audited financial statements. Certain information and note disclosures normally included in the annual audited financial statements have been condensed or omitted in accordance with prescribed SEC rules. We believe that the disclosures made in our consolidated financial statements and the accompanying notes are adequate to make the information presented not misleading.
	The consolidated balance sheet at December 31, 2013 is as reported in our audited financial statements as of that date. Our accounting policies are described in the notes to our December 31, 2013 financial statements, which were included in our Annual Report filed on Form 10-K. We recommend that the financial statements included in our Quarterly Report on Form 10-Q be read in conjunction with the financial statements and notes included in our Annual Report filed on Form 10-K for the year ended December 31, 2013.
	We operate and report financial information using a 52-week fiscal year ending December 31. The data periods contained within our Quarterly Reports on Form 10-Q reflect the results of operations for the 13-week, 26-week and 39-week periods which generally end on the Sunday nearest the calendar quarter-end date. Operating results for the three and nine months ended September 28, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014.

Summary_Of_Significant_Account

Summary Of Significant Accounting Policies	9 Months Ended
	Sep. 28, 2014
Accounting Policies [Abstract]	'
Summary Of Significant Accounting Policies	'
	Summary of Significant Accounting Policies
	The significant accounting policies used in preparation of these condensed consolidated financial statements for the three and nine months ended September 28, 2014 are consistent with those discussed in Note 2 to the consolidated financial statements in our Annual Report on Form 10-K for the year ended December 31, 2013.
	In April 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-08, Reporting Discontinued Operations and Disclosure of Disposals of Components of an Entity, to modify the requirements for reporting a discontinued operation. The new guidance is applicable for all disposals (or classification as held for sale) of components of an entity that occur within annual periods beginning on or after December 15, 2014. Early adoption is permitted, but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued or available for issuance. No discontinued operations were disclosed during the three and nine months ended September 28, 2014 or September 29, 2013.
	In May 2014, FASB issued ASU 2014-09, Revenue from Contracts with Customers. The new standard substantially converges revenue recognition under U.S. GAAP and International Financial Reporting Standards. The new standard is effective for public companies for fiscal years beginning after December 15, 2017, and interim and annual periods thereafter. Early adoption is not permitted. This new accounting guidance had no impact on our disclosures for the three and nine months ended September 28, 2014 or September 29, 2013.
	There were no additional new accounting pronouncements adopted during the nine months ended September 28, 2014 that had a material impact on our financial statements.

ShareBased_Compensation

Share-Based Compensation	9 Months Ended
	Sep. 28, 2014
Share-based Compensation [Abstract]	'
Share-Based Compensation	'
	Share-Based Compensation
	As of September 28, 2014, we have two share-based compensation plans. The 2014 Stock Option and Incentive Plan (the "2014 Plan") was adopted by our Board of Directors on February 12, 2014 and approved by our shareholders at the Company's annual meeting held on April 30, 2014. As of April 30, 2014, no new awards will be granted under the existing Amended and Restated 1999 Stock Option and Incentive Plan (the “1999 Plan”). As a result, any shares subject to outstanding awards under the 1999 Plan that expire, are canceled or otherwise terminate, or are withheld to satisfy tax withholding obligations will not be available for award grant purposes under the 2014 Plan. Both plans permit the grant of the following types of awards to our officers, other employees and non-employee directors: incentive stock options; non-qualified stock options; deferred stock awards; restricted stock awards; unrestricted stock awards; performance share awards; cash-based awards; stock appreciation rights ("SARs") and dividend equivalent rights. The 2014 Plan provides for the issuance of up to 1,700,000 shares of common stock (subject to adjustment for stock splits and similar events). Under the 2014 Plan, shares issued for awards other than stock options or SARs count against the aggregate share limit as 1.9 shares for every share actually issued. New options granted under the 2014 Plan could have varying vesting provisions and exercise periods. Options granted under the 1999 Plan vest in periods ranging from one year to five years and expire either seven years or ten years after the grant date. Restricted stock units granted under the 1999 Plan generally vest within three years. Vested restricted stock units will be settled in shares of our common stock. As of September 28, 2014, there were 487,624 stock options (including the CEO and CFO stock option awards noted below) and 197,955 restricted stock units outstanding of which 18,908 restricted stock units were granted to the CFO outside the plan as an inducement award in connection with his hiring. In addition, there were 1,694,323 shares available for grant under the 2014 Plan as of September 28, 2014. As of September 28, 2014, there were 250 outstanding restricted stock units that contain rights to nonforfeitable dividend equivalents and are considered participating securities that are included in our computation of basic and fully diluted earnings per share. There is no difference in the earnings per share amounts between the two class method and the treasury stock method, which is why we continue to use the treasury stock method.
	The Black-Scholes option pricing model was used to estimate the fair value of each stock option grant at the date of grant excluding the 2013 and 2014 CEO and CFO stock option awards noted below. Black-Scholes utilizes assumptions related to volatility, the risk-free interest rate, the dividend yield and employee exercise behavior. Expected volatilities utilized in the model are based on the historic volatility of the Company’s stock price. The risk free interest rate is derived from the U.S. Treasury Yield curve in effect at the time of the grant.
	On April 9, 2013, the Company granted stock options to purchase 200,000 shares of common stock to its newly appointed President and Chief Executive Officer at an exercise price of $41.17 per share ("2013 CEO Option Award"). On December 2, 2013, the Company granted stock options to purchase 100,000 shares of common stock to its newly appointed Executive Vice President and Chief Financial Officer at an exercise price of $79.33 per share ("2013 CFO Option Award"). On March 5, 2014, the Company granted stock options to purchase 100,000 shares of common stock to its President and Chief Executive Officer at an exercise price of $70.42 per share ("2014 CEO Option Award"). Both the 2013 CEO Option Award and the 2013 CFO Option Award were considered inducement awards and were granted outside of the Company's 1999 Plan. All three of these option awards include a service period and a market performance vesting condition. The stock options will vest if the following stock price targets are met based on the stock price closing at or above these targets for 60 consecutive trading days:
	2013 CEO Option Award
	Stock Price Target	Cumulative Vested Portion of Stock Options (in Shares)
	$50.00	50,000
	$60.00	100,000
	$70.00	150,000
	$80.00	200,000
	2013 CFO and 2014 CEO Option Award
	Stock Price Target	Cumulative Vested Portion of Stock Options (in Shares)
	$87.50	25,000
	$100.00	50,000
	$112.50	75,000
	$125.00	100,000
	Vested options may be exercised 25% at the time of vesting, 50% one year from the date of vesting and 100% two years from the date of vesting. On August 8, 2013, the $50.00 Stock Price Target for the 2013 CEO Option Award was met. On January 6, 2014 and January 28, 2014, the $60.00 and $70.00 Price targets for the 2013 CEO Option Award were met, respectively. Therefore, 150,000 options have vested of which 50,000 are currently exercisable under the 2013 CEO Option Award. As of September 28, 2014, none of the options awarded in connection with the 2013 CFO Option Award or the 2014 CEO Option Award have vested. These stock option awards are being expensed utilizing a graded method and are subject to forfeiture in the event of employment termination (whether voluntary or involuntary) prior to vesting. All three of these option awards have a 10 year term but to the extent that the market conditions above (Stock Price Targets) are not met, these options will not vest and will expire 5 years from grant date. The Company used a Monte Carlo simulation option pricing model to value these option awards.
	During the nine months ended September 28, 2014, the Company granted 164,503 stock options (including the 2014 CEO Option Award noted above). This compares with 200,000 stock options granted during the first nine months of 2013. The average fair value of stock options granted during the first nine months of 2014 was $26.32 and was estimated using the following weighted-average assumptions:
	Risk-free interest rate	1.8	%
	Expected life (years)	3.7
	Expected stock volatility	41.4	%
	Expected dividend yield	0.2	%
	We account for Restricted Stock Unit Awards (“RSU Awards”) by expensing the weighted average fair value to selling, general and administrative expenses ratably over vesting periods generally ranging up to three years. During the nine months ended September 28, 2014 and September 29, 2013, we granted 34,942 and 130,845 RSU Awards with approximate fair values of $71.82 and $41.96 per RSU Award, respectively. During the first nine months of 2014 and 2013, the Company granted performance-based RSUs as part of the overall mix of RSU Awards. These performance-based RSUs include metrics for achieving Return on Invested Capital and Adjusted Operating Margin with target payouts ranging from 0% to 200%. Of the 34,942 RSUs granted during the nine months ended September 28, 2014, 11,881 are performance-based RSU awards. This compares to 35,329 performance-based RSU awards granted during the nine months ended September 29, 2013.
	The CIRCOR Management Stock Purchase Plan, which is a component of both the 2014 Plan and the 1999 Plan, provides that eligible employees may elect to receive restricted stock units in lieu of all or a portion of their pre-tax annual incentive bonus and, in some cases, make after-tax contributions in exchange for restricted stock units (“RSU MSPs”). In addition, non-employee directors may elect to receive restricted stock units in lieu of all or a portion of their annual directors’ fees. Each RSU MSP represents a right to receive one share of our common stock after a three year vesting period. RSU MSPs are granted at a discount of 33% from the fair market value of the shares of common stock on the date of grant. This discount is amortized as compensation expense, to selling, general and administrative expenses, over a four year period. RSU MSPs totaling 32,752 and 28,463 with per unit discount amounts representing fair values of $23.61 and $13.90 were granted under the CIRCOR Management Stock Purchase Plan during the nine months ended September 28, 2014 and September 29, 2013, respectively.
	Compensation expense related to our share-based plans for the nine month periods ended September 28, 2014 and September 29, 2013 was $5.9 million and $3.5 million, respectively, and was recorded as selling, general and administrative expense. As of September 28, 2014, there was $12.1 million of total unrecognized compensation costs related to our outstanding share-based compensation arrangements. That cost is expected to be recognized over a weighted average period of 2.0 years.
	The weighted average contractual term for stock options outstanding and options exercisable as of September 28, 2014 was 8.5 years and 7.7 years, respectively. The aggregate intrinsic value of stock options exercised during the nine months ended September 28, 2014 was $0.6 million and the aggregate intrinsic value of stock options outstanding and options exercisable as of September 28, 2014 was $6.4 million and $2.3 million, respectively.
	The aggregate intrinsic value of RSU Awards settled during the nine months ended September 28, 2014 was $3.5 million and the aggregate intrinsic value of RSU Awards outstanding and RSU Awards vested and deferred as of September 28, 2014 was $8.7 million and less than $0.1 million, respectively.
	The aggregate intrinsic value of RSU MSPs settled during the nine months ended September 28, 2014 was $1.1 million and the aggregate intrinsic value of RSU MSPs outstanding and RSU MSPs vested and deferred as of September 28, 2014 was $2.2 million and none, respectively.
	The Company also grants Cash Settled Stock Unit Awards to its international employee participants. These Cash Settled Stock Unit Awards typically cliff-vest in three years and are settled in cash based on the company's closing stock price at the time of vesting. As of September 28, 2014, there were 38,307 Cash Settled Stock Unit Awards outstanding compared to 39,930 as of September 29, 2013. During the nine months ended September 28, 2014, the aggregate cash used to settle Cash Settled Stock Unit Awards was $0.6 million. As of September 28, 2014, the company had $1.3 million of accrued expenses in current liabilities associated with these Cash Settled Stock Unit Awards compared with $1.1 million as of September 29, 2013. Cash Settled Stock Unit Awards related compensation costs for the nine month periods ended September 28, 2014 and September 29, 2013 was $0.4 million and $0.9 million, respectively, and was recorded as selling, general, and administrative expense.

Inventories

Inventories	9 Months Ended
	Sep. 28, 2014
Inventory, Net [Abstract]	'
Inventories	'
	Inventories, net
	Inventories, net consist of the following (in thousands):
		September 28, 2014		December 31, 2013
	Raw materials	$	62,485	$	59,255
	Work in process	95,285		95,236
	Finished goods	37,752		44,913
		$	195,522	$	199,404

Goodwill_And_Intangible_Assets

Goodwill And Intangible Assets	9 Months Ended
	Sep. 28, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill And Intangible Assets	'
	Goodwill and Intangible Assets
	The following table shows goodwill by segment as of September 28, 2014 (in thousands):
		Energy			Aerospace & Defense			Consolidated
								Total
	Goodwill as of December 31, 2013	$	52,930		$	22,946		$	75,876
	Currency translation adjustments	(508		)	(123		)	(631		)
	Goodwill as of September 28, 2014	$	52,422		$	22,823		$	75,245
	The table below presents gross intangible assets and the related accumulated amortization as of September 28, 2014 (in thousands):
		Gross			Accumulated
		Carrying			Amortization
		Amount
	Patents	$	6,077		$	(5,723	)
	Non-amortized intangibles (primarily trademarks and trade names)	16,506			—
	Customer relationships	34,226			(20,634		)
	Backlog	1,134			(1,134		)
	Other	7,417			(5,247		)
	Total	$	65,360		$	(32,738	)
	Net carrying value of intangible assets	$	32,622
	The table below presents estimated remaining amortization expense for intangible assets recorded as of September 28, 2014 (in thousands):
		2014			2015			2016			2017		2018		After 2019
	Estimated amortization expense	$	791		$	3,054		$	2,771		$	2,639	$	2,384	$	4,478

Segment_Information

Segment Information	9 Months Ended
	Sep. 28, 2014
Segment Reporting [Abstract]	'
Segment Information	'
	Segment Information
	The following table presents certain reportable segment information (in thousands):
		Energy		Aerospace & Defense			Corporate /			Consolidated
							Eliminations			Total
	Three Months Ended September 28, 2014
	Net revenues	$	157,658	$	46,160		$	—		$	203,818
	Inter-segment revenues	200		46			(246		)	—
	Operating income (loss)	26,202		(630		)	(5,706		)	19,866
	Interest expense, net									436
	Other (income) expense, net									419
	Income before income taxes									$	19,012
	Identifiable assets	644,811		204,607			(98,924		)	750,494
	Capital expenditures	2,759		378			160			3,297
	Depreciation and amortization	2,807		1,725			222			4,754
	Three Months Ended September 29, 2013
	Net revenues	$	167,660	$	47,071		$	—		$	214,731
	Inter-segment revenues	154		32			(186		)	—
	Operating income (loss)	27,367		4,569			(8,000		)	23,936
	Interest expense, net									745
	Other (income) expense, net									568
	Income before income taxes									$	22,623
	Identifiable assets	575,199		234,289			(84,125		)	725,363
	Capital expenditures	1,945		2,456			446			4,847
	Depreciation and amortization	2,799		1,544			329			4,672
	Nine Months Ended September 28, 2014
	Net revenues	$	480,825	$	142,063		$	—		$	622,888
	Inter-segment revenues	744		178			(922		)	—
	Operating income (loss)	70,969		3,705			(18,067		)	56,607
	Interest expense, net									2,245
	Other (income) expense, net									(434		)
	Income before income taxes									$	54,796
	Identifiable assets	644,811		204,607			(98,924		)	750,494
	Capital expenditures	6,239		2,066			595			8,900
	Depreciation and amortization	8,533		5,169			828			14,530
	Nine Months Ended September 29, 2013
	Net revenues	$	498,321	$	145,452		$	—		$	643,773
	Inter-segment revenues	637		56			(693		)	—
	Operating income (loss)	65,905		11,034			(19,847		)	57,092
	Interest expense, net									2,370
	Other (income) expense, net									1,807
	Income before income taxes									$	52,915
	Identifiable assets	575,199		234,289			(84,125		)	725,363
	Capital expenditures	8,175		4,809			595			13,579
	Depreciation and amortization	8,431		4,750			1,034			14,215
	Each reporting segment is individually managed and has separate financial results that are reviewed by our chief operating decision-maker. Each segment contains related products and services particular to that segment. For further discussion of the products included in each segment refer to Note 1 of the consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2013.
	In calculating operating income for each reporting segment, certain administrative expenses incurred at the corporate level for the benefit of other reporting segments were allocated to the segments based upon specific identification of costs, employment related information or net revenues.
	Corporate / Eliminations are reported on a net “after allocations” basis. Inter-segment intercompany transactions affecting net operating profit have been eliminated within the respective operating segments.
	The operating loss reported in the Corporate / Eliminations column in the preceding table consists primarily of the following corporate expenses: compensation and fringe benefit costs for executive management and other corporate staff; Board of Director compensation; corporate development costs (relating to mergers and acquisitions); human resource development and benefit plan administration expenses; legal, accounting and other professional and consulting fees; facilities, equipment and maintenance costs; and travel and various other administrative costs. The above costs are incurred in the course of furthering the business prospects of the Company and relate to activities such as: implementing strategic business growth opportunities; corporate governance; risk management; treasury; investor relations and shareholder services; regulatory compliance; and stock transfer agent costs.
	The total assets for each operating segment have been reported as the Identifiable Assets for that segment, including inter-segment intercompany receivables, payables and investments in other CIRCOR businesses. Identifiable assets reported in Corporate / Eliminations include both corporate assets, such as cash, deferred taxes, prepaid and other assets, fixed assets, as well as the elimination of all inter-segment intercompany assets. The elimination of intercompany assets results in negative amounts reported in Corporate / Eliminations for Identifiable Assets for the periods ended September 28, 2014 and September 29, 2013. Corporate Identifiable Assets after elimination of intercompany assets were $33.1 million and $36.8 million as of September 28, 2014 and September 29, 2013, respectively.

Earnings_Per_Common_Share

Earnings Per Common Share	9 Months Ended
	Sep. 28, 2014
Earnings Per Share [Abstract]	'
Earnings Per Common Share	'
	Earnings Per Common Share (in thousands, except per share amounts):
		Three Months Ended
		September 28, 2014						September 29, 2013
		Net		Shares	Per Share			Net		Shares	Per Share
		Income			Amount			Income			Amount
	Basic Earnings Per Common Share ("EPS")	$	14,675	17,675	$	0.83		$	17,720	17,582	$	1.01
	Dilutive securities, common stock options	—		104	0			—		85	(0.01		)
	Diluted EPS	$	14,675	17,779	$	0.83		$	17,720	17,667	$	1
		Nine Months Ended
		September 28, 2014						September 29, 2013
		Net		Shares	Per Share			Net		Shares	Per Share
		Income			Amount			Income			Amount
	Basic EPS	$	41,231	17,654	$	2.34		$	38,296	17,553	$	2.18
	Dilutive securities, common stock options	—		109	(0.02		)	—		49	0
	Diluted EPS	$	41,231	17,763	$	2.32		$	38,296	17,602	$	2.18
	There were 138,833 and 133,218 anti-dilutive stock options, RSU Awards, and RSU MSPs outstanding for the nine months ended September 28, 2014 and September 29, 2013, respectively.

Financial_Instruments

Financial Instruments	9 Months Ended
	Sep. 28, 2014
Fair Value Disclosures [Abstract]	'
Financial Instruments	'
	Financial Instruments
	Fair Value
	The carrying amounts of cash and cash equivalents, trade receivables and trade payables approximate fair value because of the short maturity of these financial instruments. Short-term investments (principally guaranteed investment certificates) are carried at cost which approximates fair value at the balance sheet date. The fair value of our variable rate debt approximates its carrying amount.
	Foreign Currency Exchange Risk
	The Company is exposed to certain risks relating to its ongoing business operations including foreign currency exchange rate risk and interest rate risk. The Company currently uses derivative instruments to manage foreign currency risk on certain business transactions denominated in foreign currencies. To the extent the underlying transactions hedged are completed, these forward contracts do not subject us to significant risk from exchange rate movements because they offset gains and losses on the related foreign currency denominated transactions. These forward contracts do not qualify as hedging instruments and, therefore, do not qualify for fair value or cash flow hedge treatment. Any unrealized gains and losses on our contracts are recognized as a component of other expense in our consolidated statements of income.
	As of September 28, 2014, we had six forward contracts: three U.S. Dollar/Euro contracts with a total value of $6.1 million and three Brazilian Real/Euro contracts with a total value of less than $0.1 million. This compares to fourteen forward contracts as of December 31, 2013. The fair value liability of the derivative forward contracts as of September 28, 2014 was less than $0.5 million and was included in accrued expenses and other current liabilities on our balance sheet. This compares to a fair value asset of approximately $0.5 million that was included in prepaid expenses and other current assets on our balance sheet as of December 31, 2013. The unrealized foreign exchange loss for each of the nine month periods ended September 28, 2014 and September 29, 2013 was less than $0.5 million. Unrealized foreign exchange gains (losses) are included in other (income) expense in our consolidated statements of income.
	We have determined that the majority of the inputs used to value our foreign currency forward contracts fall within Level 2 of the fair value hierarchy, found under Accounting Standards Codification (“ASC”) Topic 820. The credit valuation adjustments, such as estimates of current credit spreads to evaluate the likelihood of default by us and our counterparties are Level 3 inputs. However, we have assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our foreign currency forward contracts and determined that the credit valuation adjustments are not significant to the overall valuation. As a result, we have determined that our derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.

Guarantees_And_Indemnification

Guarantees And Indemnification Obligations	9 Months Ended
	Sep. 28, 2014
Guarantees And Indemnification Obligations [Abstract]	'
Guarantees And Indemnification Obligations	'
	Guarantees and Indemnification Obligations
	As permitted under Delaware law, we have agreements whereby we indemnify certain of our officers and directors for certain events or occurrences while the officer or director is, or was, serving at our request in such capacity. The term of the indemnification period is for the officer’s or director’s lifetime. The maximum potential amount of future payments we could be required to make under these indemnification agreements is unlimited. However, we have directors’ and officers’ liability insurance policies that limit our exposure for events covered under the policies and should enable us to recover a portion of any future amounts paid. As a result of the coverage under these insurance policies, we believe the estimated fair value of these indemnification agreements based on Level 3 criteria as described under ASC Topic 820 is minimal and, therefore, we have no liabilities recorded from those agreements as of September 28, 2014.
	We record provisions for the estimated cost of product warranties, primarily from historical information, at the time product revenue is recognized. We also record provisions with respect to any significant individual warranty issues as they arise. While we engage in extensive product quality programs and processes, our warranty obligation is affected by product failure rates, utilization levels, material usage, service delivery costs incurred in correcting a product failure, and supplier warranties on parts delivered to us. Should actual product failure rates, utilization levels, material usage, service delivery costs or supplier warranties on parts differ from our estimates, revisions to the estimated warranty liability would be required.
	The following table sets forth information related to our product warranty reserves for the nine months ended September 28, 2014 (in thousands):
	Balance beginning December 31, 2013	$	4,194
	Provisions	2,647
	Claims settled	(2,087		)
	Currency translation adjustment	(170		)
	Balance ending September 28, 2014	$	4,584
	Warranty obligations increased $0.4 million from $4.2 million as of December 31, 2013 to $4.6 million as of September 28, 2014, primarily due to provisions recorded within the Energy segment for isolated product defect claims including a safety recall that we had initiated earlier in 2014 with the National Highway Transportation Safety Administration pertaining to certain pressure relief devices incorporated by end-use customers into vehicles powered by compressed natural gas.

Contingencies_And_Commitments

Contingencies And Commitments	9 Months Ended
	Sep. 28, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Contingencies And Commitments	'
	Contingencies and Commitments
	Asbestos-related product liability claims continue to be filed against two of our subsidiaries Spence Engineering Company, Inc. (“Spence”), the stock of which we acquired in 1984; and Circor Instrumentation Technologies, Inc. (f/k/a Hoke Incorporated) (“Hoke”), the stock of which we acquired in 1998. Due to the nature of the products supplied by these entities, the markets they serve and our historical experience in resolving these claims, we do not believe that these asbestos-related claims will have a material adverse effect on the financial condition, results of operations or liquidity of Spence or Hoke, or our financial condition, consolidated results of operations or liquidity of the Company.
	We are currently involved in various other legal claims and legal proceedings, some of which may involve substantial dollar amounts. Periodically, we review the status of each significant matter and assess our potential financial exposure. If the potential loss from any claim or legal proceeding is considered probable and the amount can be estimated, we accrue a liability for the estimated loss. Significant judgment is required in both the determination of probability and the determination as to whether an exposure can be reasonably estimated. Because of uncertainties related to these matters, accruals are based on the best information available at the time. As additional information becomes available, we reassess the potential liability related to our pending claims and litigation and may revise our estimates. Such revisions in the estimates of the potential liabilities could have a material adverse effect on our business, results of operations and financial position.
	Standby Letters of Credit
	We execute standby letters of credit, which include bid bonds and performance bonds, in the normal course of business to ensure our performance or payments to third parties. The aggregate notional value of these instruments was $43.8 million at September 28, 2014. Our historical experience with these types of instruments has been good and no claims have been paid in the current or past five fiscal years. We believe that the likelihood of demand for a significant payment relating to the outstanding instruments is remote. These instruments generally have expiration dates ranging from less than 1 month to 5 years from September 28, 2014.
	The following table contains information related to standby letters of credit instruments outstanding as of September 28, 2014 (in thousands):
	Term Remaining	Maximum Potential
		Future  Payments
	0–12 months	$	26,036
	Greater than 12 months	17,765
	Total	$	43,801

Defined_Pension_Benefit_Plans

Defined Pension Benefit Plans	9 Months Ended
	Sep. 28, 2014
General Discussion of Pension and Other Postretirement Benefits [Abstract]	'
Defined Pension Benefit Plans	'
	Defined Pension Benefit Plans
	We maintain two pension benefit plans, a qualified noncontributory defined benefit plan and a nonqualified, noncontributory defined benefit supplemental plan that provides benefits to certain retired highly compensated officers and employees. To date, the supplemental plan remains an unfunded plan. These plans include significant pension benefit obligations which are calculated based on actuarial valuations. Key assumptions are made in determining these obligations and related expenses, including expected rates of return on plan assets and discount rates. Benefits are based primarily on years of service and employees’ compensation.
	As of July 1, 2006, in connection with a revision to our retirement plan, we froze the pension benefits of our qualified noncontributory plan participants. Under the revised plan, such participants generally do not accrue any additional benefits under the defined benefit plan after July 1, 2006.
	During the three and nine months ended September 28, 2014, we made cash contributions of $0.4 million and $1.2 million to our qualified defined benefit pension plan, respectively. Additionally, substantially all of our U.S. employees are eligible to participate in a 401(k) savings plan. Under this plan, we make a core contribution and match a specified percentage of employee contributions, subject to certain limitations.
	The components of net pension benefit expense are as follows (in thousands):
		Three Months Ended						Nine Months Ended
		September 28,			September 29,			September 28,			September 29,
		2014			2013			2014			2013
	Interest cost on benefits obligation	545			491			1,636			1,473
	Estimated return on assets	(697		)	(591		)	(2,091		)	(1,773		)
	Loss amortization	127			189			379			567
	Net periodic cost of defined pension benefit plans	$	(25	)	$	89		$	(76	)	$	267

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 28, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	As required by ASC 740, Income Taxes, at September 28, 2014 and at December 31, 2013, we had $1.8 million and $1.6 million of unrecognized tax benefits, respectively, of which $1.1 million and $0.9 million, respectively, would affect our effective tax rate if recognized in any future period.
	We recognize interest and penalties related to uncertain tax positions in income tax expense. As of September 28, 2014, we had approximately $0.7 million of accrued interest related to uncertain tax positions.
	The Company files income tax returns in the U.S. federal jurisdiction and in various state, local and foreign jurisdictions. The Company is no longer subject to examination by the Internal Revenue Service for years prior to 2012 and is no longer subject to examination by the tax authorities in foreign and state jurisdictions prior to 2006. The Company is under examination for income tax filings in various foreign jurisdictions, including Italy where we received a notice of audit findings regarding withholding taxes on certain intercompany dividends paid in 2009. A formal assessment has not been issued, and we disagree with the notice of findings, including the basis for an assessment of any amount. We are currently in discussions with the tax authorities on this matter.
	For 2014, we expect an effective income tax rate of approximately 24.8%. The effective tax rate was 22.8% for the quarter ended September 28, 2014.  The primary driver of the lower tax rate in the quarter was the lower percentage of US income over total income.
	Our future effective tax rates could be adversely affected by earnings being lower than anticipated in countries where we have lower statutory rates and vice versa. Changes in the valuation of our deferred tax assets or liabilities, or changes in tax laws or interpretations thereof may also adversely affect our future effective tax rate. In addition, we are subject to the continuous examination of our income tax returns by the Internal Revenue Service and other tax authorities. We regularly assess the likelihood of adverse outcomes resulting from these examinations to determine the adequacy of our provision for income taxes.
	The Company has a net domestic deferred income tax asset and a net foreign deferred tax asset. With regard to deferred income tax assets, we maintained a total valuation allowance of $13.2 million at September 28, 2014 and $13.9 million at December 31, 2013 due to uncertainties related to our ability to utilize certain of these assets, primarily consisting of certain foreign tax credits, foreign and state net operating losses and state tax credits carried forward. The valuation allowance is based on estimates of taxable income in each of the jurisdictions in which we operate and the period over which our deferred tax assets will be recoverable. If market conditions improve and future results of operations exceed our current expectations, our existing tax valuation allowances may be adjusted, resulting in future tax benefits. Alternatively, if market conditions deteriorate or future results of operations are less than expected, future assessments may result in a determination that some or all of the deferred tax assets are not realizable. Consequently, we may need to establish additional tax valuation allowances for all or a portion of the gross deferred tax assets, which may have a material adverse effect on our business, results of operations and financial condition. The Company has had a history of domestic and foreign taxable income, is able to avail itself of federal tax carryback provisions, has future taxable temporary differences and projects future domestic and foreign taxable income. We believe that after considering all of the available objective evidence, it is more likely than not that the results of future operations will generate sufficient taxable income to realize the remaining net foreign deferred income tax asset.

Special_ChargesRecoveries

Special Charges/Recoveries	9 Months Ended
	Sep. 28, 2014
Restructuring and Related Activities [Abstract]	'
Special Charges/Recoveries	'
	Special Charges / Recoveries
	Background
	During the third quarter of 2012, we announced restructuring actions in the Energy and Aerospace & Defense segments including actions to consolidate facilities, shift expenses to lower cost regions, and restructuring some non-strategic product lines ("2012 Announced Restructuring").
	On July 12, 2013 we reached a settlement on the SF Valves arbitration ("SF Settlement") and have received a refund of a portion of the purchase price which resulted in a gain of approximately $3.2 million during the third quarter of 2013. This gain was recorded as a special recovery during the third quarter of 2013.
	On August 1, 2013 and October 31, 2013, we announced restructuring actions associated with our Energy and Aerospace & Defense segments under which we have simplified the manner in which we manage our businesses ("2013 Announced Restructuring"). Under these restructurings, we consolidated facilities, shifted expenses to lower cost regions, restructured certain non-strategic product lines, and also consolidated our group structure from three groups to two, reducing management layers and administrative expenses.
	During the third quarter of 2013 we announced that our then Chief Financial Officer would be retiring and recorded a $0.6 million ("CFO retirement") special charge for associated salary continuation and bonus.
	On January 24, 2014, we reached a settlement on the T.M.W. Corporation ("TMW") arbitration where it was agreed that TMW would waive all rights to amounts due from us under a contingent consideration promissory note established at the time of acquisition, resulting in a special gain of approximately $2.2 million during the first quarter of 2014. See our Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission ("SEC") on April 22, 2014 for additional information.
	On March 28, 2014, we entered into a settlement agreement for $1.5 million with Watts Water Technologies, Inc. Accordingly, we recorded a $0.3 million special charge in the quarter, net of amounts previously accrued. See our Quarterly Report on Form 10-Q filed with the SEC on April 22, 2014 for additional information.
	On April 22, 2014, we announced additional restructuring actions ("2014 Announced Restructurings"), under which we are continuing to simplify our businesses. Under this restructuring, we are reducing certain general and administrative expenses and closing or consolidating a number of smaller facilities. The savings from these restructuring actions will be utilized for growth investments.
	During the second and third quarters of 2014, in connection with the restructuring of certain structured landing gear product lines, we recorded inventory related charges of $5.1 million and $2.9 million, respectively, within the Aerospace & Defense segment. These restructuring related inventory charges were included as cost of revenues. See further explanation in Item 2 of Management's Discussion and Analysis of Financial Condition and Results of Operations.
	2014 Quarter-to-Date and Year-to-Date
	During the three months ended September 28, 2014, we recorded $0.5 million of net special charges associated with the 2014 Announced Restructuring action.
	During the nine months ended September 28, 2014, we recorded $1.1 million of net special charges associated with the 2013 Announced Restructuring, $0.3 million of special charges associated with the Watts legal settlement, a $2.2 million gain associated with the TMW settlement, and $1.5 million of net special charges associated with the 2014 Announced Restructurings.
	The following tables summarizes our 2014 QTD and YTD special charges or recoveries by expense type and business segment (in thousands):
		Special Charges / (Recoveries)
		As of and for the three months ended September 28, 2014
		Energy			Aerospace & Defense			Corporate		Total
	Accrued special charges as of June 29, 2014									$	2,095
	Facility and professional fee related expenses	8			—			—		8
	Employee related expenses	367			75			28		470
	Total special and restructuring charges	$	375		$	75		$	28	$	478
	Special charges paid									(901		)
	Accrued special charges as of September 28, 2014									$	1,672
		Special Charges / (Recoveries)
		As of and for the nine months ended September 28, 2014
		Energy			Aerospace & Defense			Corporate		Total
	Accrued special charges as of December 31, 2013									$	4,180
	Facility and professional fee related expenses	432			93			—		525
	Employee related expenses	1,140			539			317		1,996
	Total special and restructuring charges	$	1,572		$	632		$	317	$	2,521
	Watts settlement	—			—			300		300
	TMW settlement special gain	—			(2,243		)	—		(2,243		)
	Total special charges (recoveries)	$	1,572		$	(1,611	)	$	617	$	578
	Special charges paid									(3,086		)
	Accrued special charges as of September 28, 2014									$	1,672
	In addition, during the second and third quarters of 2014, we performed an ASC 360, Plant, Property, and Equipment, impairment analyses for our Aerospace & Defense related California operations. No asset impairment charges were required as the fair value of the California operations exceeded the carrying value.
	2013 Quarter-to-Date and Year-to-Date
	During the three and nine months ended September 29, 2013, we recovered $0.2 million and incurred $3.4 million, respectively, of Special Charges, net associated with the 2012 Announced Restructuring actions, 2013 Announced Restructuring actions, CFO Retirement, and SF Settlement.
	The following table summarizes our 2013 QTD and YTD special charges by expense type and business segment (in thousands):
		Special Charges / (Recoveries)
		As of and for the three months ended September 29, 2013
		Energy			Aerospace & Defense			Corporate		Total
	Accrued special charges as of June 30, 2013									$	592
	Facility and professional fee related expenses	536			800			—		1,336
	Employee related expenses	688			337			—		1,025
	CFO retirement charges	—			—			600		600
	Total special and restructuring charges	$	1,224		$	1,137		$	600	$	2,961
	Special charges paid									(1,650		)
	Accrued special charges as of September 29, 2013									$	1,903
	Total special and restructuring charges	1,224			1,137			600		2,961
	SF Settlement special recovery	(3,151		)	—			—		(3,151		)
	Special Charges / (Recoveries), net	$	(1,927	)	$	1,137		$	600	$	(190	)
		Special Charges / (Recoveries)
		As of and for the nine months ended September 29, 2013
		Energy			Aerospace & Defense			Corporate		Total
	Accrued special charges as of December 31, 2012									$	800
	Facility and professional fee related expenses	1,374			2,638			—		4,012
	Employee related expenses	1,071			910			—		1,981
	CFO retirement charges	—			—			600		600
	Total special and restructuring charges	$	2,445		$	3,548		$	600	$	6,593
	Special charges paid									(5,490		)
	Accrued special charges as of September 29, 2013									$	1,903
	Total special and restructuring charges	2,445			3,548			600		6,593
SF Settlement special recovery	(3,152		)	—			—		(3,152		)
Special Charges / (Recoveries), net	(707		)	3,548			600		3,441
Inception to Date
The following table summarizes our 2012 Announced Restructuring related special charges incurred from the end of the third quarter of 2012 through December 31, 2013. Charges with this action began in the third quarter of 2012 and were finalized in the fourth quarter of 2013. We do not anticipate any additional special charges to be incurred associated with the 2012 Announced Restructuring actions.
	2012 Announced Restructuring Charges as of
	28-Sep-14
	Energy			Aerospace & Defense			Corporate		Total
Facility and professional fee related expenses - incurred to date	2,270			2,854			—		5,124
Employee related expenses - incurred to date	1,085			968			—		2,053
Total restructuring related special charges - incurred to date	$	3,355		$	3,822		$	—	$	7,177
The following table summarizes our 2013 Announced Restructuring related special charges incurred from the third quarter of 2013 through June 29, 2014. Charges with this action were finalized in the second quarter of 2014. We do not anticipate any additional special charges to be incurred associated with the 2013 Announced Restructuring actions.
	2013 Announced Restructuring Charges as of
	28-Sep-14
	Energy			Aerospace & Defense			Corporate		Total
Facility and professional fee related expenses - incurred to date	2,117			473			—		2,590
Employee related expenses - incurred to date	2,945			1,519			—		4,464
Total restructuring related special charges - incurred to date	$	5,062		$	1,992		$	—	$	7,054
The following table summarizes our 2014 Announced Restructuring related special charges incurred from the second quarter of 2014 through September 28, 2014:
	2014 Announced Restructuring Charges / (Recoveries) as of
	28-Sep-14
	Energy			Aerospace & Defense			Corporate		Total
Facility and professional fee related expenses - incurred to date	(85		)	9			—		(76		)
Employee related expenses - incurred to date	683			524			317		1,524
Total restructuring related special charges - incurred to date	$	598		$	533		$	317	$	1,448
Additional special charges that we expect to be recorded with the 2014 announced restructuring action are included in the future projection below.
Future Projection
We expect to incur additional related special charges between $3.0 million and $3.3 million that are primarily facility and employee related during the remainder of 2014 (between $0.9 million and $1.1 million for the Energy segment and between $2.1 million and $2.2 million for the Aerospace & Defense segment to complete these 2014 restructuring actions. These restructuring activities are expected to be funded with cash generated from operations.

ShareBased_Compensation_Tables

Share-Based Compensation (Tables)	9 Months Ended
	Sep. 28, 2014
Share-based Compensation [Abstract]	'
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Performance-Based Units, Vested and Expected to Vest [Table Text Block]	'
	The stock options will vest if the following stock price targets are met based on the stock price closing at or above these targets for 60 consecutive trading days:
	2013 CEO Option Award
	Stock Price Target	Cumulative Vested Portion of Stock Options (in Shares)
	$50.00	50,000
	$60.00	100,000
	$70.00	150,000
	$80.00	200,000
	2013 CFO and 2014 CEO Option Award
	Stock Price Target	Cumulative Vested Portion of Stock Options (in Shares)
	$87.50	25,000
	$100.00	50,000
	$112.50	75,000
	$125.00	100,000
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	'
	The average fair value of stock options granted during the first nine months of 2014 was $26.32 and was estimated using the following weighted-average assumptions:
	Risk-free interest rate	1.8	%
	Expected life (years)	3.7
	Expected stock volatility	41.4	%
	Expected dividend yield	0.2	%

Inventories_Tables

Inventories (Tables)	9 Months Ended
	Sep. 28, 2014
Inventory, Net [Abstract]	'
Components Of Inventory	'
	Inventories, net consist of the following (in thousands):
		September 28, 2014		December 31, 2013
	Raw materials	$	62,485	$	59,255
	Work in process	95,285		95,236
	Finished goods	37,752		44,913
		$	195,522	$	199,404

Goodwill_And_Intangible_Assets1

Goodwill And Intangible Assets (Tables)	9 Months Ended
	Sep. 28, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill, By Segment	'
	The following table shows goodwill by segment as of September 28, 2014 (in thousands):
		Energy			Aerospace & Defense			Consolidated
								Total
	Goodwill as of December 31, 2013	$	52,930		$	22,946		$	75,876
	Currency translation adjustments	(508		)	(123		)	(631		)
	Goodwill as of September 28, 2014	$	52,422		$	22,823		$	75,245
Gross Intangible Assets And Related Accumulated Amortization	'
	The table below presents gross intangible assets and the related accumulated amortization as of September 28, 2014 (in thousands):
		Gross			Accumulated
		Carrying			Amortization
		Amount
	Patents	$	6,077		$	(5,723	)
	Non-amortized intangibles (primarily trademarks and trade names)	16,506			—
	Customer relationships	34,226			(20,634		)
	Backlog	1,134			(1,134		)
	Other	7,417			(5,247		)
	Total	$	65,360		$	(32,738	)
	Net carrying value of intangible assets	$	32,622
Estimated Remaining Amortization Expense For Intangible Assets	'
	The table below presents estimated remaining amortization expense for intangible assets recorded as of September 28, 2014 (in thousands):
		2014			2015			2016			2017		2018		After 2019
	Estimated amortization expense	$	791		$	3,054		$	2,771		$	2,639	$	2,384	$	4,478

Segment_Information_Tables

Segment Information (Tables)	9 Months Ended
	Sep. 28, 2014
Segment Reporting [Abstract]	'
Reportable Segment Information	'
	The following table presents certain reportable segment information (in thousands):
		Energy		Aerospace & Defense			Corporate /			Consolidated
							Eliminations			Total
	Three Months Ended September 28, 2014
	Net revenues	$	157,658	$	46,160		$	—		$	203,818
	Inter-segment revenues	200		46			(246		)	—
	Operating income (loss)	26,202		(630		)	(5,706		)	19,866
	Interest expense, net									436
	Other (income) expense, net									419
	Income before income taxes									$	19,012
	Identifiable assets	644,811		204,607			(98,924		)	750,494
	Capital expenditures	2,759		378			160			3,297
	Depreciation and amortization	2,807		1,725			222			4,754
	Three Months Ended September 29, 2013
	Net revenues	$	167,660	$	47,071		$	—		$	214,731
	Inter-segment revenues	154		32			(186		)	—
	Operating income (loss)	27,367		4,569			(8,000		)	23,936
	Interest expense, net									745
	Other (income) expense, net									568
	Income before income taxes									$	22,623
	Identifiable assets	575,199		234,289			(84,125		)	725,363
	Capital expenditures	1,945		2,456			446			4,847
	Depreciation and amortization	2,799		1,544			329			4,672
	Nine Months Ended September 28, 2014
	Net revenues	$	480,825	$	142,063		$	—		$	622,888
	Inter-segment revenues	744		178			(922		)	—
	Operating income (loss)	70,969		3,705			(18,067		)	56,607
	Interest expense, net									2,245
	Other (income) expense, net									(434		)
	Income before income taxes									$	54,796
	Identifiable assets	644,811		204,607			(98,924		)	750,494
	Capital expenditures	6,239		2,066			595			8,900
	Depreciation and amortization	8,533		5,169			828			14,530
	Nine Months Ended September 29, 2013
	Net revenues	$	498,321	$	145,452		$	—		$	643,773
	Inter-segment revenues	637		56			(693		)	—
	Operating income (loss)	65,905		11,034			(19,847		)	57,092
	Interest expense, net									2,370
	Other (income) expense, net									1,807
	Income before income taxes									$	52,915
	Identifiable assets	575,199		234,289			(84,125		)	725,363
	Capital expenditures	8,175		4,809			595			13,579
	Depreciation and amortization	8,431		4,750			1,034			14,215

Earnings_Per_Common_Share_Tabl

Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 28, 2014
Earnings Per Share [Abstract]	'
Schedule Of Earnings Per Share, Basic And Diluted	'
		Three Months Ended
		September 28, 2014						September 29, 2013
		Net		Shares	Per Share			Net		Shares	Per Share
		Income			Amount			Income			Amount
	Basic Earnings Per Common Share ("EPS")	$	14,675	17,675	$	0.83		$	17,720	17,582	$	1.01
	Dilutive securities, common stock options	—		104	0			—		85	(0.01		)
	Diluted EPS	$	14,675	17,779	$	0.83		$	17,720	17,667	$	1
		Nine Months Ended
		September 28, 2014						September 29, 2013
		Net		Shares	Per Share			Net		Shares	Per Share
		Income			Amount			Income			Amount
	Basic EPS	$	41,231	17,654	$	2.34		$	38,296	17,553	$	2.18
	Dilutive securities, common stock options	—		109	(0.02		)	—		49	0
	Diluted EPS	$	41,231	17,763	$	2.32		$	38,296	17,602	$	2.18

Guarantees_And_Indemnification1

Guarantees And Indemnification Obligations (Tables)	9 Months Ended
	Sep. 28, 2014
Guarantees And Indemnification Obligations [Abstract]	'
Product Warranty Reserves	'
	The following table sets forth information related to our product warranty reserves for the nine months ended September 28, 2014 (in thousands):
	Balance beginning December 31, 2013	$	4,194
	Provisions	2,647
	Claims settled	(2,087		)
	Currency translation adjustment	(170		)
	Balance ending September 28, 2014	$	4,584
	Warranty obligations increased $0.4 million from $4.2 million as of December 31, 2013 to $4.6 million as of September 28, 2014, primarily due to provisions recorded within the Energy segment for isolated product defect claims including a safety recall that we had initiated earlier in 2014 with the National Highway Transportation Safety Administration pertaining to certain pressure relief devices incorporated by end-use customers into vehicles powered by compressed natural gas.

Contingencies_And_Commitments_

Contingencies And Commitments (Tables)	9 Months Ended
	Sep. 28, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Standby Letters Of Credit Instruments	'
	The following table contains information related to standby letters of credit instruments outstanding as of September 28, 2014 (in thousands):
	Term Remaining	Maximum Potential
		Future  Payments
	0–12 months	$	26,036
	Greater than 12 months	17,765
	Total	$	43,801

Defined_Pension_Benefit_Plans_

Defined Pension Benefit Plans (Tables)	9 Months Ended
	Sep. 28, 2014
General Discussion of Pension and Other Postretirement Benefits [Abstract]	'
Components Of Net Pension Benefit Expense	'
	The components of net pension benefit expense are as follows (in thousands):
		Three Months Ended						Nine Months Ended
		September 28,			September 29,			September 28,			September 29,
		2014			2013			2014			2013
	Interest cost on benefits obligation	545			491			1,636			1,473
	Estimated return on assets	(697		)	(591		)	(2,091		)	(1,773		)
	Loss amortization	127			189			379			567
	Net periodic cost of defined pension benefit plans	$	(25	)	$	89		$	(76	)	$	267

Special_ChargesRecoveries_Tabl

Special Charges/Recoveries (Tables)	9 Months Ended
	Sep. 28, 2014
Restructuring Cost and Reserve [Line Items]	'
Schedule of Restructuring and Related Costs	'
		Special Charges / (Recoveries)
		As of and for the three months ended September 29, 2013
		Energy			Aerospace & Defense			Corporate		Total
	Accrued special charges as of June 30, 2013									$	592
	Facility and professional fee related expenses	536			800			—		1,336
	Employee related expenses	688			337			—		1,025
	CFO retirement charges	—			—			600		600
	Total special and restructuring charges	$	1,224		$	1,137		$	600	$	2,961
	Special charges paid									(1,650		)
	Accrued special charges as of September 29, 2013									$	1,903
	Total special and restructuring charges	1,224			1,137			600		2,961
	SF Settlement special recovery	(3,151		)	—			—		(3,151		)
	Special Charges / (Recoveries), net	$	(1,927	)	$	1,137		$	600	$	(190	)
		Special Charges / (Recoveries)
		As of and for the nine months ended September 29, 2013
		Energy			Aerospace & Defense			Corporate		Total
	Accrued special charges as of December 31, 2012									$	800
	Facility and professional fee related expenses	1,374			2,638			—		4,012
	Employee related expenses	1,071			910			—		1,981
	CFO retirement charges	—			—			600		600
	Total special and restructuring charges	$	2,445		$	3,548		$	600	$	6,593
	Special charges paid									(5,490		)
	Accrued special charges as of September 29, 2013									$	1,903
	Total special and restructuring charges	2,445			3,548			600		6,593
	SF Settlement special recovery	(3,152		)	—			—		(3,152		)
	Special Charges / (Recoveries), net	(707		)	3,548			600		3,441
		Special Charges / (Recoveries)
		As of and for the three months ended September 28, 2014
		Energy			Aerospace & Defense			Corporate		Total
	Accrued special charges as of June 29, 2014									$	2,095
	Facility and professional fee related expenses	8			—			—		8
	Employee related expenses	367			75			28		470
	Total special and restructuring charges	$	375		$	75		$	28	$	478
	Special charges paid									(901		)
	Accrued special charges as of September 28, 2014									$	1,672
		Special Charges / (Recoveries)
		As of and for the nine months ended September 28, 2014
		Energy			Aerospace & Defense			Corporate		Total
	Accrued special charges as of December 31, 2013									$	4,180
	Facility and professional fee related expenses	432			93			—		525
	Employee related expenses	1,140			539			317		1,996
	Total special and restructuring charges	$	1,572		$	632		$	317	$	2,521
	Watts settlement	—			—			300		300
	TMW settlement special gain	—			(2,243		)	—		(2,243		)
	Total special charges (recoveries)	$	1,572		$	(1,611	)	$	617	$	578
	Special charges paid									(3,086		)
	Accrued special charges as of September 28, 2014									$	1,672
2012 Announced Restructuring Plan [Member]	'
Restructuring Cost and Reserve [Line Items]	'
Schedule of Restructuring and Related Costs	'
		2012 Announced Restructuring Charges as of
		28-Sep-14
		Energy			Aerospace & Defense			Corporate		Total
	Facility and professional fee related expenses - incurred to date	2,270			2,854			—		5,124
	Employee related expenses - incurred to date	1,085			968			—		2,053
	Total restructuring related special charges - incurred to date	$	3,355		$	3,822		$	—	$	7,177
August 1, 2013 Announced Restructuring Plan [Member]	'
Restructuring Cost and Reserve [Line Items]	'
Schedule of Restructuring and Related Costs	'
		2013 Announced Restructuring Charges as of
		28-Sep-14
		Energy			Aerospace & Defense			Corporate		Total
	Facility and professional fee related expenses - incurred to date	2,117			473			—		2,590
	Employee related expenses - incurred to date	2,945			1,519			—		4,464
	Total restructuring related special charges - incurred to date	$	5,062		$	1,992		$	—	$	7,054
2014 Announced Restructuring Plan [Member]	'
Restructuring Cost and Reserve [Line Items]	'
Schedule of Restructuring and Related Costs	'
		2014 Announced Restructuring Charges / (Recoveries) as of
		28-Sep-14
		Energy			Aerospace & Defense			Corporate		Total
	Facility and professional fee related expenses - incurred to date	(85		)	9			—		(76		)
	Employee related expenses - incurred to date	683			524			317		1,524
	Total restructuring related special charges - incurred to date	$	598		$	533		$	317	$	1,448

Summary_Of_Significant_Account1

Summary Of Significant Accounting Policies Restructuring Annoucement (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 28, 2014
Minimum [Member]	'
Subsequent Event [Line Items]	'
Expected restructuring costs	$3
Maximum [Member]	'
Subsequent Event [Line Items]	'
Expected restructuring costs	$3.30

ShareBased_Compensation_Narrat

Share-Based Compensation (Narrative) (Details) (USD $)

9 Months Ended

3 Months Ended

9 Months Ended

9 Months Ended

Sep. 28, 2014

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Dec. 31, 2013

Mar. 31, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 28, 2014

Selling, General And Administrative [Member]

Selling, General And Administrative [Member]

Stock Options [Member]

Stock Options [Member]

Stock Options [Member]

Restricted Stock Units (RSUs) [Member]

Restricted Stock Units (RSUs) [Member]

Restricted Stock Units (RSUs) [Member]

Restricted Stock Units (RSUs) [Member]

Performance Shares [Member]

Performance Shares [Member]

Restricted Stock Units Management Stock Purchase Plan [Member]

Restricted Stock Units Management Stock Purchase Plan [Member]

Cash Settled Stock Unit Awards [Member]

Cash Settled Stock Unit Awards [Member]

Cash Settled Stock Unit Awards [Member]

Cash Settled Stock Unit Awards [Member]

Cash Settled Stock Unit Awards [Member]

2014 Plan [Member]

Chief Financial Officer [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Selling, General and Administrative Expenses [Member]

Selling, General and Administrative Expenses [Member]

Restricted Stock Units (RSUs) [Member]

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Share-based compensation shares authorized

1,700,000

'

'

200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of shares issued for awards other than stock options or SARs per share counted towards aggregate limit

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1.9

'

Vesting Period, (in years)

'

'

'

'60 days

'1 year

'5 years

'

'

'3 years

'

'

'

'3 years

'

'

'

'

'

'

'

'

Expiration period

'

'

'

'

'7 years

'10 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock options outstanding

'

'

'

487,624

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

RSU outstanding

197,955

'

'

'

'

'

'

'

'

'

'

'

'

'

38,307

'

39,930

'

'

'

18,908

Shares available for grant

1,694,323

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Rights to nonforfeitable dividend equivalents participating securities

'

'

'

'

'

'

250

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted stock units granted

'

'

'

'

'

'

34,942

130,845

'

'

35,329

11,881

32,752

28,463

'

'

'

'

'

'

'

Granted RSU awards fair value

'

'

'

'

'

'

$71.82

$41.96

'

'

'

'

'

'

'

'

'

'

'

'

'

Performance target threshold (as a percent)

'

'

'

'

'

'

'

'

0.00%

200.00%

'

'

'

'

'

'

'

'

'

'

'

Discount rate granted for RSU MSPs

'

'

'

'

'

'

'

'

'

'

'

'

33.00%

'

'

'

'

'

'

'

'

Award discount from market price amortization period

'

'

'

'

'

'

'

'

'

'

'

'

'four

'

'

'

'

'

'

'

'

Restricted stock units discount amount

'

'

'

'

'

'

'

'

'

'

'

'

$23.61

$13.90

'

'

'

'

'

'

'

Compensation expense

'

$5,900,000

$3,500,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$400,000

$900,000

'

'

Unrecognized compensation costs

12,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average period of recognition of compensation expense (in years)

'2 years 0 months 15 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average contractual term for stock options outstanding, years

'8 years 5 months 18 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Weighted average contractual term for stock options exercisable, years

'7 years 8 months 3 days

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate intrinsic value of stock options exercised

'

'

'

600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate intrinsic value of stock options outstanding

'

'

'

6,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate intrinsic value of stock options exercisable

'

'

'

2,300,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate intrinsic value of RSU Awards / RSU MSPs

'

'

'

'

'

'

3,500,000

'

'

'

'

'

1,100,000

'

'

'

'

'

'

'

'

Aggregate intrinsic value of RSU Awards outstanding

'

'

'

'

'

'

8,700,000

'

'

'

'

'

2,200,000

'

'

'

'

'

'

'

'

Aggregate intrinsic value of RSU Awards vested and deferred

'

'

'

'

'

'

100,000

'

'

'

'

'

0

'

'

'

'

'

'

'

'

Cash used to settle awards

'

'

'

'

'

'

'

'

'

'

'

'

'

'

600,000

'

'

'

'

'

'

Accrued expenses and current liabilities for Cash Settled Stock Unit Awards

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1,300,000

$1,100,000

'

'

'

'

'

ShareBased_Compensation_Schedu

Share-Based Compensation (Schedule Of Estimated Weighted-Average Assumptions Of Stock Options) (Details)	9 Months Ended
	Sep. 28, 2014	Sep. 29, 2013
Share-based Compensation [Abstract]	'	'
Risk-free interest rate	1.80%	'
Expected life	'3 years 8 months 22 days	'
Expected stock volatility	41.40%	'
Expected dividend yield	'	0.20%

ShareBased_Compensation_CEO_In

Share-Based Compensation CEO Inducement Stock Award (Details) (USD $)	9 Months Ended
	Sep. 28, 2014	Sep. 29, 2013
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'
Share-based compensation shares authorized	1,700,000	'
Stock Options [Member]	'	'
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'
Share-based compensation shares authorized	200,000	'
Exercise Price of CEO Stock Option Inducement Award	$41.17	'
CEO Inducement Award Max Term	'10 years	'
Award Forfeit Period	'5 years	'
Stock options granted (in shares)	164,503	200,000
Grant Date Fair Value (in usd per share)	$26.32	'
Award Vesting Period	'60 days	'
Stock Options [Member] | $50.00 [Member]	'	'
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'
Number of stock options exercisable (in shares)	50,000	'
Vesting Year 1 [Member] | Stock Options [Member]	'	'
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'
Award Vesting Percentage	25.00%	'
Vesting Year 2 [Member] | Stock Options [Member]	'	'
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'
Award Vesting Percentage	50.00%	'
Vesting Year 3 [Member] | Stock Options [Member]	'	'
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'
Award Vesting Percentage	100.00%	'

ShareBased_Compensation_ShareB

Share-Based Compensation Share-Based Compensation (CEO & CFO Inducement Stock Award) (Details) (Stock Options [Member], USD $)

9 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

0 Months Ended

3 Months Ended

Sep. 28, 2014

Mar. 05, 2014

Sep. 28, 2014

Dec. 02, 2013

Sep. 28, 2014

Aug. 08, 2013

Sep. 28, 2014

Jan. 06, 2014

Sep. 28, 2014

Jan. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Chief Executive Officer [Member]

Chief Executive Officer [Member]

Chief Financial Officer [Member]

$50.00 [Member]

$50.00 [Member]

$50.00 [Member]

$60.00 [Member]

$60.00 [Member]

$70.00 [Member]

$70.00 [Member]

$80.00 [Member]

$87.50 [Member]

$100.00 [Member]

$112.50 [Member]

$125.00 [Member]

Chief Executive Officer [Member]

Chief Executive Officer [Member]

Chief Executive Officer [Member]

Chief Executive Officer [Member]

Chief Executive Officer [Member]

Chief Executive Officer [Member]

Chief Executive Officer [Member]

Chief Financial Officer [Member]

Chief Financial Officer [Member]

Chief Financial Officer [Member]

Chief Financial Officer [Member]

Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock options granted (in shares)

'

100,000

'

100,000

'

'

'

'

'

'

'

'

'

'

'

'

Exercise Price of CEO Stock Option Inducement Award

$41.17

$70.42

'

$79.33

'

'

'

'

'

'

'

'

'

'

'

'

Stock Price Target

'

'

'

'

'

$50

$50

$60

$60

$70

$70

$80

$87.50

$100

$112.50

$125

Cumulative Vested portion of stock options (in shares)

'

'

150,000

'

'

'

50,000

'

100,000

'

150,000

200,000

25,000

50,000

75,000

100,000

Number of stock options exercisable (in shares)

'

'

'

'

50,000

'

'

'

'

'

'

'

'

'

'

'

Inventories_Components_Of_Inve

Inventories (Components Of Inventory) (Details) (USD $)	Sep. 28, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventory, Net [Abstract]	'	'
Raw materials	$62,485	$59,255
Work in process	95,285	95,236
Finished goods	37,752	44,913
Inventories	$195,522	$199,404

Goodwill_And_Intangible_Assets2

Goodwill And Intangible Assets (Goodwill, By Segment) (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014
Goodwill [Line Items]	'
Goodwill as of December 31, 2013	$75,876
Currency translation adjustments	-631
Goodwill as of September 28, 2014	75,245
Energy [Member]	'
Goodwill [Line Items]	'
Goodwill as of December 31, 2013	52,930
Currency translation adjustments	-508
Goodwill as of September 28, 2014	52,422
Aerospace [Member]	'
Goodwill [Line Items]	'
Goodwill as of December 31, 2013	22,946
Currency translation adjustments	-123
Goodwill as of September 28, 2014	$22,823

Goodwill_And_Intangible_Assets3

Goodwill And Intangible Assets (Gross Intangible Assets And Related Accumulated Amortization) (Details) (USD $)	Sep. 28, 2014
In Thousands, unless otherwise specified
Intangible Assets [Line Items]	'
Gross Carrying Amount	$65,360
Accumulated Amortization	-32,738
Net carrying value of intangible assets	32,622
Patents [Member]	'
Intangible Assets [Line Items]	'
Gross Carrying Amount	6,077
Accumulated Amortization	-5,723
Non-amortized intangibles (primarily trademarks and trade names) [Member]	'
Intangible Assets [Line Items]	'
Accumulated Amortization	0
Non-amortized intangibles	16,506
Customer relationships [Member]	'
Intangible Assets [Line Items]	'
Gross Carrying Amount	34,226
Accumulated Amortization	-20,634
Backlog [Member]	'
Intangible Assets [Line Items]	'
Gross Carrying Amount	1,134
Accumulated Amortization	-1,134
Other [Member]	'
Intangible Assets [Line Items]	'
Gross Carrying Amount	7,417
Accumulated Amortization	($5,247)

Goodwill_And_Intangible_Assets4

Goodwill And Intangible Assets (Estimated Remaining Amortization Expense For Intangible Assets) (Details) (USD $)	Sep. 28, 2014
In Thousands, unless otherwise specified
Goodwill and Intangible Assets Disclosure [Abstract]	'
2014	$791
2015	3,054
2016	2,771
2017	2,639
2018	2,384
After 2019	$4,478

Segment_Information_Reportable

Segment Information (Reportable Segment Information) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'	'	'	'
Net revenues	$203,818	$214,731	$622,888	$643,773	'
Inter-segment revenues	0	0	0	0	'
Operating income (loss)	19,866	23,936	56,607	57,092	'
Interest expense	436	745	2,245	2,370	'
Other income, net	419	568	-434	1,807	'
INCOME BEFORE INCOME TAXES	19,012	22,623	54,796	52,915	'
Identifiable assets	750,494	725,363	750,494	725,363	726,650
Capital expenditures	3,297	4,847	8,900	13,579	'
Depreciation and amortization	4,754	4,672	14,530	14,215	'
Energy [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net revenues	157,658	167,660	480,825	498,321	'
Inter-segment revenues	200	154	744	637	'
Operating income (loss)	26,202	27,367	70,969	65,905	'
Identifiable assets	644,811	575,199	644,811	575,199	'
Capital expenditures	2,759	1,945	6,239	8,175	'
Depreciation and amortization	2,807	2,799	8,533	8,431	'
Aerospace [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net revenues	46,160	47,071	142,063	145,452	'
Inter-segment revenues	46	32	178	56	'
Operating income (loss)	-630	4,569	3,705	11,034	'
Identifiable assets	204,607	234,289	204,607	234,289	'
Capital expenditures	378	2,456	2,066	4,809	'
Depreciation and amortization	1,725	1,544	5,169	4,750	'
Corporate/Eliminations [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Net revenues	0	0	0	0	'
Inter-segment revenues	-246	-186	-922	-693	'
Operating income (loss)	-5,706	-8,000	-18,067	-19,847	'
Identifiable assets	-98,924	-84,125	-98,924	-84,125	'
Capital expenditures	160	446	595	595	'
Depreciation and amortization	222	329	828	1,034	'
Corporate Identifiable Assets After Elimination Of Intercompany Assets [Member]	'	'	'	'	'
Segment Reporting Information [Line Items]	'	'	'	'	'
Identifiable assets	$33,100	$36,800	$33,100	$36,800	'

Earnings_Per_Common_Share_Deta

Earnings Per Common Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Net income	$14,675	$17,720	$41,231	$38,296
Basic Earnings Per Common Share (EPS), Shares	17,675,000	17,582,000	17,654,000	17,553,000
Basic EPS, Per Share Amount	$0.83	$1.01	$2.34	$2.18
Dilutive securities, common stock options, Shares	104,000	85,000	109,000	49,000
Dilutive securities, common stock options, Per Share Amount	$0	($0.01)	($0.02)	$0
Diluted EPS, Shares	17,779,000	17,667,000	17,763,000	17,602,000
Diluted EPS, Per Share Amount	$0.83	$1	$2.32	$2.18
Stock Options [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Anti-dilutive options and RSUs, shares	'	'	138,833	'
RSU Awards [Member]	'	'	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]	'	'	'	'
Anti-dilutive options and RSUs, shares	'	'	'	133,218

Financial_Instruments_Narrativ

Financial Instruments (Narrative) (Details) (USD $)	Sep. 28, 2014	Dec. 31, 2013	Sep. 28, 2014	Sep. 28, 2014	Sep. 28, 2014	Sep. 28, 2014
In Millions, unless otherwise specified	Forward_Contracts	Forward_Contracts	Maximum [Member]	Forward_Contracts	Brazilian Real/Euro Forward Contracts [Member]	Forward Contracts [Member]
					Forward_Contracts
Derivative [Line Items]	'	'	'	'	'	'
Number of forward contracts	6	14	'	3	3	'
Total value of contracts	'	'	'	$6.10	$0.10	'
Fair value asset of derivative forward contracts	'	'	'	'	'	0.5
Unrealized foreign currency transaction gain (loss)	'	'	$0.50	'	'	'

Guarantees_And_Indemnification2

Guarantees And Indemnification Obligations (Product Warranty Reserves) (Details) (USD $)	9 Months Ended
	Sep. 28, 2014
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]	'
Balance beginning December 31, 2012	$4,194,000
Provisions	2,647,000
Claims settled	-2,087,000
Currency translation adjustments	-170,000
Balance ending June 30, 2013	4,584,000
Liability for indemnification agreements	0
Increase in warranty obligations	$400,000

Contingencies_And_Commitments_1

Contingencies And Commitments (Narrative) (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014
Contingencies, Commitments And Guarantees [Line Items]	'
Aggregate notional value standby letters of credit	43,801
Minimum [Member]	'
Contingencies, Commitments And Guarantees [Line Items]	'
Expiration period, minimum in months and maximum in years	'1 month
Maximum [Member]	'
Contingencies, Commitments And Guarantees [Line Items]	'
Expiration period, minimum in months and maximum in years	'5 years

Contingencies_And_Commitments_2

Contingencies And Commitments (Standby Letters Of Credit Instruments) (Details) (USD $)	Sep. 28, 2014
In Thousands, unless otherwise specified
Contingencies, Commitments And Guarantees [Line Items]	'
Total	$43,801
0-12 months [Member]	'
Contingencies, Commitments And Guarantees [Line Items]	'
Total	26,036
Greater than 12 months [Member]	'
Contingencies, Commitments And Guarantees [Line Items]	'
Total	$17,765

Defined_Pension_Benefit_Plans_1

Defined Pension Benefit Plans (Narrative) (Details) (Qualified Plan [Member], USD $)	3 Months Ended	9 Months Ended
In Millions, unless otherwise specified	Sep. 28, 2014	Sep. 28, 2014
Qualified Plan [Member]	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'
Cash contributions to defined benefit pension plan	$0.40	$1.20

Defined_Pension_Benefit_Plans_2

Defined Pension Benefit Plans (Components Of Net Pension Benefit Expense) (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 28, 2014	Sep. 29, 2013	Sep. 28, 2014	Sep. 29, 2013
General Discussion of Pension and Other Postretirement Benefits [Abstract]	'	'	'	'
Interest cost on benefits obligation	$545	$491	$1,636	$1,473
Estimated return on assets	-697	-591	-2,091	-1,773
Loss amortization	127	189	379	567
Net periodic cost of defined benefit plans	($25)	$89	($76)	$267

Income_Taxes_Details

Income Taxes (Details) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 28, 2014	Dec. 31, 2013
Income Tax Contingency [Line Items]	'	'
Deferred Tax Assets, Valuation Allowance	$13.20	$13.90
Unrecognized tax benefits that would impact effective tax rate	1.8	1.6
Unrecognized tax benefits that would affect the effective tax rate if recognized	1.1	0.9
Accrued interest related to uncertain tax positions	$0.70	'
Effective income tax rate, expected rate for fiscal year	24.80%	'
Effective income tax rate	22.80%	'

Special_ChargesRecoveries_Deta

Special Charges/Recoveries (Details) (USD $)

0 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

9 Months Ended

In Thousands, unless otherwise specified

Mar. 28, 2014

Jan. 24, 2014

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Jul. 12, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2013 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

2012 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

August 1, 2013 Announced Restructuring Plan [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Facility Closing [Member]

Employee Severance [Member]

Energy Segment [Member]

Aerospace [Member]

Corporate [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Employee Severance [Member]

Energy Segment [Member]

Aerospace [Member]

Corporate [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Employee Severance [Member]

Energy Segment [Member]

Aerospace [Member]

Corporate [Member]

Employee Severance [Member]

Employee Severance [Member]

Employee Severance [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Energy Segment [Member]

Aerospace [Member]

Corporate [Member]

Energy Segment [Member]

Aerospace [Member]

Corporate [Member]

Energy Segment [Member]

Aerospace [Member]

Corporate [Member]

Energy Segment [Member]

Aerospace [Member]

Corporate [Member]

Energy Segment [Member]

Aerospace [Member]

Corporate [Member]

Energy Segment [Member]

Aerospace [Member]

Corporate [Member]

Restructuring Cost and Reserve [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring and Related Cost, Cost Incurred to Date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$1,448

$1,448

($76)

$1,524

$598

$533

$317

$683

$524

$317

($85)

$9

$0

'

$7,177

$5,124

$2,053

$3,355

$3,822

$0

$1,085

$968

$0

$2,270

$2,854

$0

$7,054

$2,590

$4,464

$5,062

$1,992

$0

$2,945

$1,519

$0

$2,117

$473

$0

Restructuring Reserve [Roll Forward]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring Reserve Beginning of Period

'

'

2,095

592

4,180

800

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring charges

'

'

478

2,961

2,521

6,593

'

8

1,336

525

4,012

470

1,025

1,996

1,981

375

1,224

1,572

2,445

8

536

432

1,374

367

688

1,140

1,071

75

1,137

632

3,548

0

800

93

2,638

75

337

539

910

28

600

317

600

0

0

0

0

28

0

317

0

500

'

'

'

'

'

'

'

'

'

'

'

'

1,100

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

CFO retirement charges

'

'

'

600

'

600

'

'

'

'

'

'

'

'

'

'

0

'

0

'

'

'

'

'

'

'

'

'

0

'

0

'

'

'

'

'

'

'

'

'

600

'

600

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Watts settlement

300

'

'

'

300

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

300

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gain from settlement of TMW litigation

'

-2,200

'

'

-2,243

'

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

-2,243

'

'

'

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total special charges (recoveries)

'

'

478

-190

578

3,441

'

'

-190

'

3,441

'

'

'

'

'

'

1,572

'

'

-1,927

'

-707

'

'

'

'

'

'

-1,611

'

'

1,137

'

3,548

'

'

'

'

'

'

617

'

'

600

'

600

'

'

'

'

'

1,500

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Special charges paid

'

'

-901

-1,650

-3,086

-5,490

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restructuring Reserve End of Period

'

'

1,672

1,903

1,672

1,903

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total special and restructuring charges

'

'

'

'

'

'

'

'

2,961

'

6,593

'

'

'

'

'

'

'

'

'

1,224

'

2,445

'

'

'

'

'

'

'

'

'

1,137

'

3,548

'

'

'

'

'

'

'

'

'

600

'

600

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

SF Settlement special recovery

'

'

'

'

'

'

$3,200

'

($3,151)

'

($3,152)

'

'

'

'

'

'

'

'

'

($3,151)

'

($3,152)

'

'

'

'

'

'

'

'

'

$0

'

$0

'

'

'

'

'

'

'

'

'

$0

'

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

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'

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Special_Charges_Narrative_Deta

Special Charges Narrative (Details) (USD $)

0 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

Mar. 28, 2014

Jan. 24, 2014

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Sep. 28, 2014

Jul. 12, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Sep. 29, 2013

Sep. 28, 2014

Jun. 29, 2014

Sep. 29, 2013

segment

segment

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

2013 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

2014 Announced Restructuring Plan [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Facility Closing [Member]

Inventory Related Charges [Member]

Inventory Related Charges [Member]

Chief Financial Officer [Member]

Energy Segment [Member]

Aerospace [Member]

Energy Segment [Member]

Aerospace [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Energy Segment [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Corporate [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace [Member]

Aerospace & Defense [Member]

Aerospace & Defense [Member]

Effects on Future Earnings and Cash Flows Resulting from Exit Plan [Line Items]

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Other Nonrecurring Income

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($3,200,000)

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$3,151,000

'

$3,152,000

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$3,151,000

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$3,152,000

'

$0

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$0

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$0

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$0

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Watts settlement agreement amount

1,500,000

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Number of operating segments

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2

3

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CFO retirement charges

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600,000

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600,000

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0

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0

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600,000

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600,000

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0

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0

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600,000

Expected restructuring costs

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3,000,000

900,000

2,100,000

3,300,000

1,100,000

2,200,000

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Restructuring charges

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478,000

2,961,000

2,521,000

6,593,000

375,000

1,224,000

1,572,000

2,445,000

28,000

600,000

317,000

600,000

75,000

1,137,000

632,000

3,548,000

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1,100,000

500,000

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8,000

1,336,000

525,000

4,012,000

8,000

536,000

432,000

1,374,000

0

0

0

0

0

800,000

93,000

2,638,000

2,900,000

5,100,000

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Watts settlement

300,000

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300,000

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0

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300,000

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0

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Gain from settlement of TMW litigation

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2,200,000

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2,243,000

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0

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0

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2,243,000

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Special charges, net

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$478,000

($190,000)

$578,000

$3,441,000

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$1,572,000

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$617,000

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($1,611,000)

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$1,500,000

'

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($190,000)

'

$3,441,000

'

($1,927,000)

'

($707,000)

'

$600,000

'

$600,000

'

$1,137,000

'

$3,548,000

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