IDEX (IEX) 10-Q 29 Apr 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 23, 2014
Document and Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	31-Mar-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'
Trading Symbol	'IEX	'
Entity Registrant Name	'IDEX CORP /DE/	'
Entity Central Index Key	'0000832101	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Large Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	80,618,840

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets	'	'
Cash and cash equivalents	$458,383	$439,629
Receivables, less allowance for doubtful accounts of $6,202 at March 31, 2014 and $5,841 at December 31, 2013	287,903	253,226
Inventories — net	244,175	230,967
Other current assets	72,915	67,131
Total current assets	1,063,376	990,953
Property, plant and equipment — net	216,045	213,488
Goodwill	1,349,926	1,349,456
Intangible assets — net	300,710	311,227
Other noncurrent assets	21,765	22,453
Total assets	2,951,822	2,887,577
Current liabilities	'	'
Trade accounts payable	149,045	133,312
Accrued expenses	163,543	150,751
Current portion of long-term debt and short-term borrowings	1,393	1,871
Dividends payable	0	18,675
Total current liabilities	313,981	304,609
Long-term borrowings	778,852	772,005
Deferred income taxes	146,643	144,908
Other noncurrent liabilities	91,348	93,066
Total liabilities	1,330,824	1,314,588
Commitments and contingencies	'	'
Preferred stock:	'	'
Authorized: 5,000,000 shares, $.01 per share par value; Issued: None	0	0
Common stock:	'	'
Authorized: 150,000,000 shares, $.01 per share par value Issued: 89,420,137 shares at March 31, 2014 and 89,154,190 shares at December 31, 2013	894	892
Additional paid-in capital	622,092	607,766
Retained earnings	1,368,288	1,293,740
Treasury stock at cost: 8,545,237 shares at March 31, 2014 and 7,958,510 shares at December 31, 2013	-368,851	-326,104
Accumulated other comprehensive loss	-1,425	-3,305
Total shareholders’ equity	1,620,998	1,572,989
Total liabilities and shareholders’ equity	$2,951,822	$2,887,577

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Receivables, allowance for doubtful accounts	$6,202	$5,841
Preferred stock, authorized (in shares)	5,000,000	5,000,000
Preferred stock , par value (in dollars per share)	$0.01	$0.01
Preferred stock, issued (in shares)	0	0
Common stock, authorized (in shares)	150,000,000	150,000,000
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, issued (in shares)	89,420,137	89,154,190
Treasury stock, shares (in shares)	8,545,237	7,958,510

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Income Statement [Abstract]	'	'
Net sales	$543,996	$494,448
Cost of sales	299,576	282,451
Gross profit	244,420	211,997
Selling, general and administrative expenses	130,585	117,285
Operating income	113,835	94,712
Other income — net	844	1,279
Interest expense	10,457	10,557
Income before income taxes	104,222	85,434
Provision for income taxes	29,674	24,134
Net income	$74,548	$61,300
Basic earnings per common share (in dollars per share)	$0.92	$0.74
Diluted earnings per common share (in dollars per share)	$0.91	$0.74
Share data:	'	'
Basic weighted average common shares outstanding (in shares)	80,527	82,197
Diluted weighted average common shares outstanding (in shares)	81,575	83,152

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Statement of Comprehensive Income [Abstract]	'	'
Net income	$74,548	$61,300
Other comprehensive income (loss)	'	'
Reclassification adjustments for derivatives, net of tax	1,157	1,190
Pension and other postretirement adjustments, net of tax	439	1,273
Cumulative translation adjustment	284	-27,253
Other comprehensive income (loss)	1,880	-24,790
Comprehensive income	$76,428	$36,510

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $)	Total	Common Stock and Additional Paid-In Capital	Retained Earnings	Cumulative Translation Adjustment	Retirement Benefits Adjustment	Cumulative Unrealized Gain (Loss) on Derivatives	Treasury Stock
In Thousands, unless otherwise specified
Balance at Dec. 31, 2013	$1,572,989	$608,658	$1,293,740	$52,211	($23,857)	($31,659)	($326,104)
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'
Net income	74,548	'	74,548	'	'	'	'
Cumulative translation adjustment	284	'	'	284	'	'	'
Pension and other postretirement adjustments (net of tax of $240)	439	'	'	'	439	'	'
Amortization of forward starting swaps (net of tax of $663)	1,157	'	'	'	'	1,157	'
Issuance of 278,067 shares of common stock from issuance of unvested shares, exercise of stock options and deferred compensation plans (net of tax of $1,875)	9,079	9,079	'	'	'	'	'
Repurchase of 551,148 shares of common stock	-40,133	'	'	'	'	'	-40,133
Shares surrendered for tax withholding	-2,614	'	'	'	'	'	-2,614
Share-based compensation	5,249	5,249	'	'	'	'	'
Balance at Mar. 31, 2014	$1,620,998	$622,986	$1,368,288	$52,495	($23,418)	($30,502)	($368,851)

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Parenthetical) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014
Statement of Stockholders' Equity [Abstract]	'
Pension and other postretirement adjustments, tax	($240)
Amortization of forward starting swaps, tax	663
Issuance of common stock from issuance of unvested shares, exercise of stock options and deferred compensation plans (in shares)	278,067
Issuance of common stock from issuance of unvested shares, exercise of stock options and deferred compensation plans , tax	$1,875
Repurchase of common stock (in shares)	551,148

CONDENSED_CONSOLIDATED_STATEME4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Cash flows from operating activities	'	'
Net income	$74,548	$61,300
Adjustments to reconcile net income to net cash provided by operating activities	'	'
Depreciation and amortization	8,394	8,948
Amortization of intangible assets	10,863	10,891
Amortization of debt issuance expenses	429	425
Share-based compensation expense	6,312	5,612
Deferred income taxes	-748	-117
Excess tax benefit from share based compensation	-2,925	-2,439
Non-cash interest expense associated with forward starting swaps	1,820	1,872
Changes in:	'	'
Receivables	-33,910	-14,843
Inventories	-12,605	-3,115
Other current assets	-6,285	-3,513
Trade accounts payable	15,392	6,303
Accrued expenses	14,419	1,043
Other — net	-1,519	-172
Net cash flows provided by operating activities	74,185	72,195
Cash flows from investing activities	'	'
Cash purchases of property, plant and equipment	-10,809	-7,625
Acquisition of businesses, net of cash acquired	0	-34,648
Other — net	21	-57
Net cash flows used in investing activities	-10,788	-42,330
Cash flows from financing activities	'	'
Borrowings under revolving facilities for acquisitions	0	34,648
Borrowings under revolving facilities	20,014	5,438
Payments under revolving facilities	-13,617	-305
Dividends paid	-18,628	-16,575
Proceeds from stock option exercises	6,154	10,758
Excess tax benefit from stock-based compensation	2,925	2,439
Purchase of common stock	-37,537	-33,115
Unvested shares surrendered for tax withholding	-2,614	-1,735
Net cash flows provided by (used in) financing activities	-43,303	1,553
Effect of exchange rate changes on cash and cash equivalents	-1,340	-9,237
Net increase in cash	18,754	22,181
Cash and cash equivalents at beginning of year	439,629	318,864
Cash and cash equivalents at end of period	458,383	341,045
Cash paid for:	'	'
Interest	85	545
Income taxes	$17,835	$7,002

Basis_of_Presentation_and_Sign

Basis of Presentation and Significant Accounting Policies	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Significant Accounting Policies	'
	Basis of Presentation and Significant Accounting Policies
	The Condensed Consolidated Financial Statements of IDEX Corporation (“IDEX” or the “Company”) have been prepared in accordance with the accounting principles generally accepted in the United States of America applicable to interim financial information and the instructions to Form 10-Q under the Securities Exchange Act of 1934, as amended. The statements are unaudited but include all adjustments, consisting only of recurring items, except as noted, that the Company considers necessary for a fair presentation of the information set forth herein. The results of operations for the three months ended March 31, 2014 are not necessarily indicative of the results to be expected for the entire year.
	The Condensed Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations should be read in conjunction with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2014
Business Combinations [Abstract]	'
Acquisitions	'
	Acquisitions
	All of the Company’s acquisitions have been accounted for under Accounting Standards Codification (“ASC”) 805, Business Combinations. Accordingly, the accounts of the acquired companies, after adjustments to reflect fair values assigned to assets and liabilities, have been included in the consolidated financial statements from their respective dates of acquisition.
	2013 Acquisitions
	On March 18, 2013, the Company acquired the assets of FTL Seals Technology, Ltd (“FTL”). FTL specializes in the design and application of high integrity rotary seals, specialty bearings, and other custom products for the oil & gas, mining, power generation, and marine markets. Located in Leeds, England, FTL, along with Precision Polymer Engineering (“PPE”), operates within the Health & Science Technologies segment as part of the Sealing Solutions group and will expand the range of PPE’s technology expertise and markets served. FTL was acquired for an aggregate purchase price of $34.5 million (£23.1 million) in cash. The entire purchase price was funded with borrowings under the Company’s revolving credit facility. Goodwill and intangible assets recognized as part of this transaction were $18.0 million and $13.0 million, respectively. The $18.0 million of goodwill is not deductible for tax purposes.
	The Company incurred $0.5 million of acquisition-related transaction costs in the three months ended March 31, 2014. These costs were recorded in selling, general and administrative expense and were related to completed transactions, pending transactions and potential transactions, including transactions that ultimately were not completed.

Business_Segments

Business Segments	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Business Segments	'
	Business Segments
	The Company has three reportable business segments: Fluid & Metering Technologies, Health & Science Technologies and Fire & Safety/Diversified Products.
	The Fluid & Metering Technologies segment designs, produces and distributes positive displacement pumps, flow meters, injectors, and other fluid-handling pump modules and systems and provides flow monitoring and other services for the water and wastewater industries. The Health & Science Technologies segment designs, produces and distributes a wide range of precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems used in beverage, food processing, pharmaceutical and cosmetics, pneumatic components and sealing solutions, very high precision, low-flow rate pumping solutions required in analytical instrumentation, clinical diagnostics and drug discovery, high performance molded and extruded, biocompatible medical devices and implantables, air compressors used in medical, dental and industrial applications, optical components and coatings for applications in the fields of scientific research, defense, biotechnology, aerospace, semiconductor, telecommunications and electronics manufacturing, laboratory and commercial equipment used in the production of micro and nano scale materials, precision photonic solutions used in life sciences, research and defense markets, and precision gear and peristaltic pump technologies that meet exacting original equipment manufacturer specifications. The Fire & Safety/Diversified Products segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems for the fire and rescue industry, engineered stainless steel banding and clamping devices used in a variety of industrial and commercial applications, and precision equipment for dispensing, metering and mixing colorants and paints used in a variety of retail and commercial businesses around the world.
	Information on the Company’s business segments is presented below, based on the nature of products and services offered. The Company evaluates performance based on several factors, of which operating income is the primary financial measure. Intersegment sales are accounted for at fair value as if the sales were to third parties.
		Three Months Ended
		March 31,
		2014			2013
	Net sales:
	Fluid & Metering Technologies:
	External customers	$	223,007		$	211,407
	Intersegment sales	354			348
	Total group sales	223,361			211,755
	Health & Science Technologies:
	External customers	183,892			171,674
	Intersegment sales	2,483			1,194
	Total group sales	186,375			172,868
	Fire & Safety/Diversified Products:
	External customers	137,097			111,367
	Intersegment sales	187			146
	Total group sales	137,284			111,513
	Intersegment elimination	(3,024		)	(1,688		)
	Total net sales	$	543,996		$	494,448
	Operating income:
	Fluid & Metering Technologies	$	56,407		$	48,079
	Health & Science Technologies	36,229			32,267
	Fire & Safety/Diversified Products	39,648			28,232
	Corporate office and other	(18,449		)	(13,866		)
	Total operating income	113,835			94,712
	Interest expense	10,457			10,557
	Other income - net	844			1,279
	Income before income taxes	$	104,222		$	85,434
		March 31,			December 31,
		2014			2013
	Assets:
	Fluid & Metering Technologies	$	1,031,728		$	1,025,352
	Health & Science Technologies	1,132,689			1,113,546
	Fire & Safety/Diversified Products	515,992			484,139
	Corporate office	271,413			264,540
	Total assets	$	2,951,822		$	2,887,577

Earnings_Per_Common_Share

Earnings Per Common Share	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Earnings Per Common Share	'
	Earnings Per Common Share
	Earnings per common share (“EPS”) are computed by dividing net income by the weighted average number of shares of common stock (basic) plus common stock equivalents outstanding (diluted) during the period. Common stock equivalents consist of stock options, which have been included in the calculation of weighted average shares outstanding using the treasury stock method, unvested shares, performance share units, and shares issuable in connection with certain deferred compensation agreements (“DCUs”).
	ASC 260 “Earnings Per Share” provides that all outstanding unvested share-based payment awards that contain rights to nonforfeitable dividends participate in undistributed earnings with common shareholders. If awards are considered participating securities, the Company is required to apply the two-class method of computing basic and diluted earnings per share. The Company has determined that its outstanding unvested shares are participating securities. Accordingly, earnings per common share are computed using the more dilutive of the treasury stock method and the two-class method prescribed by ASC 260. For the purposes of calculating diluted EPS, net income attributable to common shareholders was reduced by $0.5 million and $0.3 million for the three months ended March 31, 2014 and 2013, respectively.
	Basic weighted average shares reconciles to diluted weighted average shares as follows:
		Three Months Ended
		March 31,
		2014	2013
	Basic weighted average common shares outstanding	80,527	82,197
	Dilutive effect of stock options, unvested shares, performance share units and DCUs	1,048	955
	Diluted weighted average common shares outstanding	81,575	83,152
	Options to purchase approximately 0.5 million and 0.6 million shares of common stock for the three months ended March 31, 2014 and 2013, respectively, were not included in the computation of diluted EPS because the effect of their inclusion would be antidilutive.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2014
Inventory Disclosure [Abstract]	'
Inventories	'
	Inventories
	The components of inventories as of March 31, 2014 and December 31, 2013 were:
		March 31,		December 31,
		2014		2013
	Raw materials and component parts	$	139,522	$	133,470
	Work in process	43,400		41,895
	Finished goods	61,253		55,602
	Total	$	244,175	$	230,967
	Inventories are stated at the lower of cost or market. Cost, which includes material, labor, and factory overhead, is determined on a FIFO basis.

Goodwill_and_Intangible_Assets

Goodwill and Intangible Assets	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Goodwill and Intangible Assets	'
	Goodwill and Intangible Assets
	The changes in the carrying amount of goodwill for the three months ended March 31, 2014, by reportable business segment, were as follows:
		Fluid &			Health &			Fire & Safety/			Total
		Metering			Science			Diversified
		Technologies			Technologies			Products
	Balance at December 31, 2013	$	528,044		$	571,675		$	249,737		$	1,349,456
	Foreign currency translation	(105		)	618			(43		)	470
	Balance at March 31, 2014	$	527,939		$	572,293		$	249,694		$	1,349,926
	ASC 350 “Goodwill and Other Intangible Assets” requires that goodwill be tested for impairment at the reporting unit level on an annual basis and between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of the reporting unit below its carrying value. Annually on October 31, goodwill and other acquired intangible assets with indefinite lives are tested for impairment. The Company did not consider there to be any triggering event that would require an interim impairment assessment, therefore none of the goodwill or other acquired intangible assets with indefinite lives were tested for impairment during the three months ended March 31, 2014. Based on the results of our annual impairment test at October 31, 2013, all reporting units had a fair value that was significantly in excess of carrying value, except for our IDEX Optics and Photonics ("IOP") reporting unit, which had a fair value approximately 10% greater than the carrying value. The IOP reporting unit was written down to its fair value in 2012 as a result of our annual goodwill impairment testing and, thus, the fair value continues to be near the carrying value.
	The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset at March 31, 2014 and December 31, 2013:
		At March 31, 2014											At December 31, 2013
		Gross			Accumulated			Net			Weighted		Gross		Accumulated			Net
		Carrying			Amortization						Average		Carrying		Amortization
		Amount									Life		Amount
	Amortized intangible assets:
	Patents	$	9,955		$	(4,658	)	$	5,297		11		$	10,673	$	(5,179	)	$	5,494
	Trade names	104,606			(29,939		)	74,667			16		104,582		(28,310		)	76,272
	Customer relationships	242,933			(127,878		)	115,055			10		242,674		(121,092		)	121,582
	Non-compete agreements	3,175			(2,744		)	431			3		3,769		(3,272		)	497
	Unpatented technology	75,489			(34,853		)	40,636			11		75,528		(32,905		)	42,623
	Other	6,999			(4,475		)	2,524			10		6,958		(4,299		)	2,659
	Total amortized intangible assets	443,157			(204,547		)	238,610					444,184		(195,057		)	249,127
	Unamortized intangible assets:
	Banjo trade name	62,100			—			62,100					62,100		—			62,100
	Total intangible assets	$	505,257		$	(204,547	)	$	300,710				$	506,284	$	(195,057	)	$	311,227
	The unamortized Banjo trade name is an indefinite lived intangible asset which is tested for impairment on an annual basis in accordance with ASC 350 or more frequently if events or changes in circumstances indicate that the asset might be impaired.

Accrued_Expenses

Accrued Expenses	3 Months Ended
	Mar. 31, 2014
Payables and Accruals [Abstract]	'
Accrued Expenses	'
	Accrued Expenses
	The components of accrued expenses as of March 31, 2014 and December 31, 2013 were:
		March 31,		December 31,
		2014		2013
	Payroll and related items	$	61,804	$	63,297
	Management incentive compensation	7,048		20,949
	Income taxes payable	25,512		11,746
	Insurance	8,995		7,741
	Warranty	5,109		4,888
	Deferred revenue	12,343		9,455
	Liability for uncertain tax positions	950		1,201
	Accrued interest	9,477		1,354
	Other	32,305		30,120
	Total accrued expenses	$	163,543	$	150,751

Other_Noncurrent_Liabilities

Other Noncurrent Liabilities	3 Months Ended
	Mar. 31, 2014
Other Liabilities Disclosure [Abstract]	'
Other Noncurrent Liabilities	'
	Other Noncurrent Liabilities
	The components of Other noncurrent liabilities as of March 31, 2014 and December 31, 2013 were:
		March 31,		December 31,
		2014		2013
	Pension and retiree medical obligations	$	67,731	$	67,777
	Liability for uncertain tax positions	3,017		4,624
	Deferred revenue	5,184		5,578
	Other	15,416		15,087
	Total other noncurrent liabilities	$	91,348	$	93,066

Borrowings

Borrowings	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Borrowings	'
	Borrowings
	Borrowings at March 31, 2014 and December 31, 2013 consisted of the following:
		March 31,		December 31,
		2014		2013
	Revolving Facility	$	17,000	$	10,000
	2.58% Senior Euro Notes, due June 2015	111,391		111,505
	4.5% Senior Notes, due December 2020	298,864		298,828
	4.2% Senior Notes, due December 2021	349,292		349,272
	Other borrowings	3,698		4,271
	Total borrowings	780,245		773,876
	Less current portion	1,393		1,871
	Total long-term borrowings	$	778,852	$	772,005
	The Company maintains a $700.0 million revolving credit facility (the "Revolving Facility") with a maturity date of June 27, 2016. Up to $75.0 million of the Revolving Facility is available for the issuance of letters of credit, and up to $25.0 million is available to the Company for swing line loans, available on a same-day basis.
	Proceeds from the Revolving Facility are available for use towards working capital, acquisitions and other general corporate purposes, including refinancing existing debt of the Company and its subsidiaries.
	Borrowings under the Revolving Facility bear interest, at either an alternate base rate or an adjusted LIBOR rate plus, in each case, an applicable margin. Such applicable margin is based on the Company’s senior, unsecured, long-term debt rating and can range from .875% to 1.70%. Based on the Company’s credit rating at March 31, 2014, the applicable margin was 1.05%. Interest is payable (a) in the case of base rate loans, quarterly, and (b) in the case of LIBOR rate loans, on the maturity date of the borrowing, or quarterly from the effective date for borrowings exceeding three months. An annual Revolving Facility fee, also based on the Company’s credit rating, is currently 20 basis points and is payable quarterly.
	At March 31, 2014, $17.0 million was outstanding under the Revolving Facility, with $7.9 million of outstanding letters of credit, resulting in net available borrowing capacity under the Revolving Facility at March 31, 2014 of approximately $675.1 million.
	Other borrowings of $3.7 million at March 31, 2014 consisted primarily of debt at international locations maintained for working capital purposes. Interest is payable on the outstanding debt balances at rates ranging from 0.3% to 1.5% per annum.
	There are two key financial covenants that the Company is required to maintain in connection with the Revolving Facility and 2.58% Senior Euro Notes. The most restrictive financial covenants under these debt instruments require a minimum interest coverage ratio of 3.0 to 1 and a maximum leverage ratio of 3.25 to 1. At March 31, 2014, the Company was in compliance with both of these financial covenants. There are no financial covenants relating to the 4.5% Senior Notes or 4.2% Senior Notes; however, both are subject to cross-default provisions.

Derivative_Instruments

Derivative Instruments	3 Months Ended
	Mar. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivative Instruments	'
	Derivative Instruments
	The Company enters into cash flow hedges from time to time to reduce the exposure to variability in certain expected future cash flows. The type of cash flow hedges the Company enters into includes foreign currency contracts and interest rate exchange agreements that effectively convert a portion of floating-rate debt to fixed-rate debt and are designed to reduce the impact of interest rate changes on future interest expense.
	The effective portion of gains or losses on interest rate exchange agreements is reported in accumulated other comprehensive income (loss) in shareholders’ equity and reclassified into net income in the same period or periods in which the hedged transaction affects net income. See Note 12 for the amount of loss reclassified into income for interest rate contracts for March 2014 and 2013. The remaining gain or loss in excess of the cumulative change in the present value of future cash flows or the hedged item, if any, is recognized into net income during the period of change.
	Fair values relating to derivative financial instruments reflect the estimated amounts that the Company would receive or pay to sell or buy the contracts based on quoted market prices of comparable contracts at each balance sheet date. As of March 31, 2014 the Company did not have any interest rate contracts outstanding.
	In 2010 and 2011 the Company entered into two separate forward starting interest rate contracts in anticipation of the issuance of the 4.2% Senior Notes and the 4.5% Senior Notes. The Company cash settled these two interest rate contracts in 2010 and 2011 for a total of $68.9 million, which is being amortized into interest expense over the 10 year term of the debt instruments. Approximately $7.2 million of the pre-tax amount included in accumulated other comprehensive income (loss) in shareholders’ equity at March 31, 2014 will be recognized to net income over the next 12 months as the underlying hedged transactions are realized.

Fair_Value_Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	Fair Value Measurements
	ASC 820 “Fair Value Measurements and Disclosures” defines fair value, provides guidance for measuring fair value and requires certain disclosures. This standard discusses valuation techniques, such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The standard utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The following is a brief description of those three levels:
	•	Level 1: Observable inputs such as quoted prices (unadjusted) in active markets for identical assets or liabilities.
	•	Level 2: Inputs, other than quoted prices that are observable for the asset or liability, either directly or indirectly. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active.
	•	Level 3: Unobservable inputs that reflect the reporting entity’s own assumptions.
	The following table summarizes the basis used to measure the Company’s financial assets at fair value on a recurring basis in the balance sheet at March 31, 2014 and December 31, 2013:
		Basis of Fair Value Measurements
		Balance at		Level 1		Level 2		Level 3
		March 31, 2014
	Money market investment	$	22,669	$	22,669	$	—	$	—
	Available for sale securities	3,341		3,341		—		—
		Basis of Fair Value Measurements
		Balance at		Level 1		Level 2		Level 3
		December 31, 2013
	Money market investment	$	27,871	$	27,871	$	—	$	—
	Available for sale securities	3,255		3,255		—		—
	There were no transfers of assets or liabilities between Level 1 and Level 2 during the quarter ended March 31, 2014 or the year ended December 31, 2013.
	The carrying value of our cash and cash equivalents, accounts receivable, accounts payable and accrued expenses approximates their fair values because of the short term nature of these instruments. At March 31, 2014, the fair value of the outstanding indebtedness under our Revolving Facility, 2.58% Senior Euro Notes, 4.5% Senior Notes and 4.2% Senior Notes, based on quoted market prices and current market rates for debt with similar credit risk and maturity, was approximately $801.1 million compared to the carrying value of $776.5 million. This fair value measurement is classified as Level 2 within the fair value hierarchy since it is determined based upon significant inputs observable in the market, including interest rates on recent financing transactions to entities with a credit rating similar to ours.

Other_Comprehensive_Income_Los

Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Other Comprehensive Income (Loss)	'
	Other Comprehensive Income (Loss)
	The components of other comprehensive income (loss) are as follows:
		Three Months Ended								Three Months Ended
		March 31, 2014								March 31, 2013
		Pre-tax			Tax			Net of tax		Pre-tax			Tax			Net of tax
	Cumulative translation adjustment	$	284		$	—		$	284	$	(27,253	)	$	—		$	(27,253	)
	Pension and other postretirement adjustments	679			(240		)	439		1,935			(662		)	1,273
	Reclassification adjustments for derivatives	1,820			(663		)	1,157		1,872			(682		)	1,190
	Total other comprehensive income (loss)	$	2,783		$	(903	)	$	1,880	$	(23,446	)	$	(1,344	)	$	(24,790	)
	The following table summarizes the amounts reclassified from accumulated other comprehensive income to net income during the three months ended March 31, 2014 and 2013:
		Three Months Ended
		March 31,
		2014			2013			Income Statement Caption
	Pension and other postretirement plans:
	Amortization of service cost	$	679		$	1,935		Selling, general and administrative expense
	Total before tax	679			1,935
	Provision for income taxes	(240		)	(662		)
	Total net of tax	$	439		$	1,273
	Derivatives:
	Reclassification adjustments	$	1,820		$	1,872		Interest expense
	Total before tax	1,820			1,872
	Provision for income taxes	(663		)	(682		)
	Total net of tax	$	1,157		$	1,190

Common_and_Preferred_Stock

Common and Preferred Stock	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Common and Preferred Stock	'
	Common and Preferred Stock
	On November 8, 2013, the Company’s Board of Directors approved a $300.0 million increase in the authorized level for repurchases of common stock. Repurchases under the program will be funded with future cash flow generation or cash available under the Revolving Facility. During the first three months of 2014, the Company purchased a total of 0.6 million shares at a cost of $40.1 million, of which $2.6 million was settled in April 2014. During the first three months of 2013, the Company purchased 0.7 million shares at a cost of $35.7 million, of which $2.6 million was settled in April 2013. As of March 31, 2014, the Company had $327.8 million available under the authorized share repurchase programs.
	At March 31, 2014 and December 31, 2013, the Company had 150 million shares of authorized common stock, with a par value of $.01 per share, and 5 million shares of authorized preferred stock, with a par value of $.01 per share. No preferred stock was outstanding at March 31, 2014 or December 31, 2013.

ShareBased_Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Share-Based Compensation	'
	Share-Based Compensation
	During the three months ended March 31, 2014, the Company granted approximately 0.5 million stock options, 0.1 million unvested shares and 0.1 million performance share units. During the three months ended March 31, 2013 the company granted approximately 0.6 million stock options, 0.2 million unvested shares and 0.1 million performance share units.
	Weighted average option fair values and assumptions for the periods specified are disclosed below. The fair value of each option grant was estimated on the date of the grant using the Binomial lattice option pricing model.
		Three Months Ended
		March 31,
		2014		2013
	Weighted average fair value of option grants	$19.53		$12.85
	Dividend yield	1.26%		1.57%
	Volatility	30.36%		30.94%
	Risk-free forward interest rate	0.12%-4.69%		0.17%-4.10%
	Expected life (in years)	5.89		5.87
	Weighted average performance share unit fair values and assumptions for the period specified are disclosed below. The performance share units are market condition awards and have been assessed at fair value on the date of grant using a Monte Carlo simulation model.
		Three Months Ended
		March 31,
		2014		2013
	Weighted average fair value of performance share units	$94.55		$50.45
	Dividend yield	0.00%		0.00%
	Volatility	26.41%		28.99%
	Risk-free forward interest rate	0.65%		0.40%
	Expected life (in years)	2.88		2.87
	Total compensation cost for stock options is as follows:
		Three Months Ended
		March 31,
		2014				2013
	Cost of goods sold	$	242			$	192
	Selling, general and administrative expenses	2,190				2,169
	Total expense before income taxes	2,432				2,361
	Income tax benefit	(755		)		(737		)
	Total expense after income taxes	$	1,677			$	1,624
	Total compensation cost for unvested shares is as follows:
		Three Months Ended
		March 31,
		2014				2013
	Cost of goods sold	$	472			$	402
	Selling, general and administrative expenses	2,746				2,660
	Total expense before income taxes	3,218				3,062
	Income tax benefit	(687		)		(715		)
	Total expense after income taxes	$	2,531			$	2,347
	Total compensation cost for performance share units is as follows:
		Three Months Ended
		March 31,
		2014				2013
	Cost of goods sold	$	—			$	—
	Selling, general and administrative expenses	661				189
	Total expense before income taxes	661				189
	Income tax benefit	(186		)		(37		)
	Total expense after income taxes	$	475			$	152
	The Company’s policy is to recognize compensation cost on a straight-line basis, assuming forfeitures, over the requisite service period for the entire award. Classification of stock compensation cost within the Consolidated Statements of Operations is consistent with classification of cash compensation for the same employees.
	As of March 31, 2014, there was $14.1 million of total unrecognized compensation cost related to stock options that is expected to be recognized over a weighted-average period of 1.6 years, $16.2 million of total unrecognized compensation cost related to unvested shares/units that is expected to be recognized over a weighted-average period of 1.2 years, and $7.8 million of total unrecognized compensation cost related to performance share units that is expected to be recognized over a weighted-average period of 1.4 years.
	A summary of the Company’s stock option activity as of March 31, 2014, and changes during the three months ended March 31, 2014 is presented in the following table:
	Stock Options	Shares			Weighted				Weighted-Average	Aggregate
					Average				Remaining	Intrinsic
					Price				Contractual Term	Value
	Outstanding at January 1, 2014	2,516,618			$	39.6			6.87	$	86,200,655
	Granted	486,505			72.74
	Exercised	(180,617	)		34.08
	Forfeited/Expired	(50,949	)		45.93
	Outstanding at March 31, 2014	2,771,557			$	45.66			7.26	$	75,477,956
	Vested and expected to vest at March 31, 2014	2,603,891			$	44.74			7.13	$	73,299,119
	Exercisable at March 31, 2014	1,428,590			$	35.99			5.78	$	52,718,583

Retirement_Benefits

Retirement Benefits	3 Months Ended
	Mar. 31, 2014
Compensation and Retirement Disclosure [Abstract]	'
Retirement Benefits	'
	Retirement Benefits
	The Company sponsors several qualified and nonqualified defined benefit and defined contribution pension plans and other postretirement plans for its employees. The following tables provide the components of net periodic benefit cost for its major defined benefit plans and its other postretirement plans.
		Pension Benefits
		Three Months Ended March 31,
		2014						2013
		U.S.			Non-U.S.			U.S.			Non-U.S.
	Service cost	$	323		$	374		$	437		$	339
	Interest cost	1,053			599			943			519
	Expected return on plan assets	(1,408		)	(327		)	(1,353		)	(256		)
	Net amortization	699			219			1,614			230
	Net periodic benefit cost	$	667		$	865		$	1,641		$	832
		Other Postretirement Benefits
		Three Months Ended March 31,
		2014			2013
	Service cost	$	178		$	242
	Interest cost	233			227
	Net amortization	(118		)	6
	Net periodic benefit cost	$	293		$	475
	The Company previously disclosed in its financial statements for the year ended December 31, 2013, that it expected to contribute approximately $2.8 million to its defined benefit plans and $0.9 million to its other postretirement benefit plans in 2014. As of March 31, 2014, $0.6 million of contributions have been made to the defined benefit plans and $0.2 million has been made to its other postretirement benefit plans. The Company presently anticipates contributing up to an additional $2.9 million in 2014 to fund these plans.

Legal_Proceedings

Legal Proceedings	3 Months Ended
	Mar. 31, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Legal Proceedings	'
	Legal Proceedings
	The Company is party to various legal proceedings arising in the ordinary course of business, none of which are expected to have a material impact on its business, financial condition, results of operations or cash flows.

Income_Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2014
Income Tax Disclosure [Abstract]	'
Income Taxes	'
	Income Taxes
	The Company’s provision for income taxes is based upon estimated annual tax rates for the year applied to federal, state and foreign income. The provision for income taxes increased to $29.7 million in the first quarter of 2014 from $24.1 million in the first quarter of 2013. The effective tax rate increased to 28.5% for the first quarter of 2014 compared to 28.2% in the first quarter of 2013 due to the mix of global pre-tax income among jurisdictions. Additionally, the current quarter tax rate was favorably impacted by settlements with taxing authorities primarily related to purchase price adjustments for prior period acquisitions and the comparable quarter tax rate in the prior year was favorably impacted by the enactment of the American Taxpayer Relief Act of 2012 on January 2, 2013, which reinstated the U.S. R&D credit retroactively to January 1, 2012.
	The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction, and various state and foreign jurisdictions. Due to the potential for resolution of federal, state and foreign examinations, and the expiration of various statutes of limitation, it is reasonably possible that the Company’s gross unrecognized tax benefits balance may change within the next twelve months by a range of zero to $1.0 million.

Subsequent_Events

Subsequent Events	3 Months Ended
	Mar. 31, 2014
Subsequent Events [Abstract]	'
Subsequent Events	'
	Subsequent Events
	On April 28, 2014, the Company acquired Aegis Flow Technologies ("Aegis") for cash consideration of approximately $26.0 million. Aegis, located in Geismar, Louisiana, is a leader in the design, manufacture and sale of specialty chemical processing valves. Aegis has annual revenues of approximately $15.0 million and will operate as part of the Chemical, Food and Process platform within the Fluid & Metering Technologies segment.

Business_Segments_Tables

Business Segments (Tables)	3 Months Ended
	Mar. 31, 2014
Segment Reporting [Abstract]	'
Schedule of Information On Company's Business Segments	'
	Information on the Company’s business segments is presented below, based on the nature of products and services offered. The Company evaluates performance based on several factors, of which operating income is the primary financial measure. Intersegment sales are accounted for at fair value as if the sales were to third parties.
		Three Months Ended
		March 31,
		2014			2013
	Net sales:
	Fluid & Metering Technologies:
	External customers	$	223,007		$	211,407
	Intersegment sales	354			348
	Total group sales	223,361			211,755
	Health & Science Technologies:
	External customers	183,892			171,674
	Intersegment sales	2,483			1,194
	Total group sales	186,375			172,868
	Fire & Safety/Diversified Products:
	External customers	137,097			111,367
	Intersegment sales	187			146
	Total group sales	137,284			111,513
	Intersegment elimination	(3,024		)	(1,688		)
	Total net sales	$	543,996		$	494,448
	Operating income:
	Fluid & Metering Technologies	$	56,407		$	48,079
	Health & Science Technologies	36,229			32,267
	Fire & Safety/Diversified Products	39,648			28,232
	Corporate office and other	(18,449		)	(13,866		)
	Total operating income	113,835			94,712
	Interest expense	10,457			10,557
	Other income - net	844			1,279
	Income before income taxes	$	104,222		$	85,434
		March 31,			December 31,
		2014			2013
	Assets:
	Fluid & Metering Technologies	$	1,031,728		$	1,025,352
	Health & Science Technologies	1,132,689			1,113,546
	Fire & Safety/Diversified Products	515,992			484,139
	Corporate office	271,413			264,540
	Total assets	$	2,951,822		$	2,887,577

Earnings_Per_Common_Share_Tabl

Earnings Per Common Share (Tables)	3 Months Ended
	Mar. 31, 2014
Earnings Per Share [Abstract]	'
Schedule of Basic Weighted Average Shares Reconciles to Diluted Weighted Average Shares	'
	Basic weighted average shares reconciles to diluted weighted average shares as follows:
		Three Months Ended
		March 31,
		2014	2013
	Basic weighted average common shares outstanding	80,527	82,197
	Dilutive effect of stock options, unvested shares, performance share units and DCUs	1,048	955
	Diluted weighted average common shares outstanding	81,575	83,152

Inventories_Tables

Inventories (Tables)	3 Months Ended
	Mar. 31, 2014
Inventory Disclosure [Abstract]	'
Components Of Inventories	'
	The components of inventories as of March 31, 2014 and December 31, 2013 were:
		March 31,		December 31,
		2014		2013
	Raw materials and component parts	$	139,522	$	133,470
	Work in process	43,400		41,895
	Finished goods	61,253		55,602
	Total	$	244,175	$	230,967

Goodwill_and_Intangible_Assets1

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of Changes in Carrying Amount of Goodwill	'
	The changes in the carrying amount of goodwill for the three months ended March 31, 2014, by reportable business segment, were as follows:
		Fluid &			Health &			Fire & Safety/			Total
		Metering			Science			Diversified
		Technologies			Technologies			Products
	Balance at December 31, 2013	$	528,044		$	571,675		$	249,737		$	1,349,456
	Foreign currency translation	(105		)	618			(43		)	470
	Balance at March 31, 2014	$	527,939		$	572,293		$	249,694		$	1,349,926
Schedule of Gross Carrying Value and Accumulated Amortization For Each Major Class of Intangible Asset	'
	The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset at March 31, 2014 and December 31, 2013:
		At March 31, 2014											At December 31, 2013
		Gross			Accumulated			Net			Weighted		Gross		Accumulated			Net
		Carrying			Amortization						Average		Carrying		Amortization
		Amount									Life		Amount
	Amortized intangible assets:
	Patents	$	9,955		$	(4,658	)	$	5,297		11		$	10,673	$	(5,179	)	$	5,494
	Trade names	104,606			(29,939		)	74,667			16		104,582		(28,310		)	76,272
	Customer relationships	242,933			(127,878		)	115,055			10		242,674		(121,092		)	121,582
	Non-compete agreements	3,175			(2,744		)	431			3		3,769		(3,272		)	497
	Unpatented technology	75,489			(34,853		)	40,636			11		75,528		(32,905		)	42,623
	Other	6,999			(4,475		)	2,524			10		6,958		(4,299		)	2,659
	Total amortized intangible assets	443,157			(204,547		)	238,610					444,184		(195,057		)	249,127
	Unamortized intangible assets:
	Banjo trade name	62,100			—			62,100					62,100		—			62,100
	Total intangible assets	$	505,257		$	(204,547	)	$	300,710				$	506,284	$	(195,057	)	$	311,227

Accrued_Expenses_Tables

Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2014
Payables and Accruals [Abstract]	'
Components of Accrued Expenses	'
	The components of accrued expenses as of March 31, 2014 and December 31, 2013 were:
		March 31,		December 31,
		2014		2013
	Payroll and related items	$	61,804	$	63,297
	Management incentive compensation	7,048		20,949
	Income taxes payable	25,512		11,746
	Insurance	8,995		7,741
	Warranty	5,109		4,888
	Deferred revenue	12,343		9,455
	Liability for uncertain tax positions	950		1,201
	Accrued interest	9,477		1,354
	Other	32,305		30,120
	Total accrued expenses	$	163,543	$	150,751

Other_Noncurrent_Liabilities_T

Other Noncurrent Liabilities (Tables)	3 Months Ended
	Mar. 31, 2014
Other Liabilities Disclosure [Abstract]	'
Schedule of Other Noncurrent Liabilities	'
	The components of Other noncurrent liabilities as of March 31, 2014 and December 31, 2013 were:
		March 31,		December 31,
		2014		2013
	Pension and retiree medical obligations	$	67,731	$	67,777
	Liability for uncertain tax positions	3,017		4,624
	Deferred revenue	5,184		5,578
	Other	15,416		15,087
	Total other noncurrent liabilities	$	91,348	$	93,066

Borrowings_Tables

Borrowings (Tables)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Schedule of Borrowings	'
	Borrowings at March 31, 2014 and December 31, 2013 consisted of the following:
		March 31,		December 31,
		2014		2013
	Revolving Facility	$	17,000	$	10,000
	2.58% Senior Euro Notes, due June 2015	111,391		111,505
	4.5% Senior Notes, due December 2020	298,864		298,828
	4.2% Senior Notes, due December 2021	349,292		349,272
	Other borrowings	3,698		4,271
	Total borrowings	780,245		773,876
	Less current portion	1,393		1,871
	Total long-term borrowings	$	778,852	$	772,005

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2014
Fair Value Disclosures [Abstract]	'
Schedule of Company's Financial Assets and (Liabilities) at Fair Value on Recurring Basis	'
	The following table summarizes the basis used to measure the Company’s financial assets at fair value on a recurring basis in the balance sheet at March 31, 2014 and December 31, 2013:
		Basis of Fair Value Measurements
		Balance at		Level 1		Level 2		Level 3
		March 31, 2014
	Money market investment	$	22,669	$	22,669	$	—	$	—
	Available for sale securities	3,341		3,341		—		—
		Basis of Fair Value Measurements
		Balance at		Level 1		Level 2		Level 3
		December 31, 2013
	Money market investment	$	27,871	$	27,871	$	—	$	—
	Available for sale securities	3,255		3,255		—		—

Other_Comprehensive_Income_Los1

Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2014
Equity [Abstract]	'
Schedule of Accumulated Other Comprehensive Income (Loss)	'
	The components of other comprehensive income (loss) are as follows:
		Three Months Ended								Three Months Ended
		March 31, 2014								March 31, 2013
		Pre-tax			Tax			Net of tax		Pre-tax			Tax			Net of tax
	Cumulative translation adjustment	$	284		$	—		$	284	$	(27,253	)	$	—		$	(27,253	)
	Pension and other postretirement adjustments	679			(240		)	439		1,935			(662		)	1,273
	Reclassification adjustments for derivatives	1,820			(663		)	1,157		1,872			(682		)	1,190
	Total other comprehensive income (loss)	$	2,783		$	(903	)	$	1,880	$	(23,446	)	$	(1,344	)	$	(24,790	)
Reclassification out of Accumulated Other Comprehensive Income	'
	The following table summarizes the amounts reclassified from accumulated other comprehensive income to net income during the three months ended March 31, 2014 and 2013:
		Three Months Ended
		March 31,
		2014			2013			Income Statement Caption
	Pension and other postretirement plans:
	Amortization of service cost	$	679		$	1,935		Selling, general and administrative expense
	Total before tax	679			1,935
	Provision for income taxes	(240		)	(662		)
	Total net of tax	$	439		$	1,273
	Derivatives:
	Reclassification adjustments	$	1,820		$	1,872		Interest expense
	Total before tax	1,820			1,872
	Provision for income taxes	(663		)	(682		)
	Total net of tax	$	1,157		$	1,190

ShareBased_Compensation_Tables

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2014
Schedule of Stock Option Activity	'
	A summary of the Company’s stock option activity as of March 31, 2014, and changes during the three months ended March 31, 2014 is presented in the following table:
	Stock Options	Shares			Weighted				Weighted-Average	Aggregate
					Average				Remaining	Intrinsic
					Price				Contractual Term	Value
	Outstanding at January 1, 2014	2,516,618			$	39.6			6.87	$	86,200,655
	Granted	486,505			72.74
	Exercised	(180,617	)		34.08
	Forfeited/Expired	(50,949	)		45.93
	Outstanding at March 31, 2014	2,771,557			$	45.66			7.26	$	75,477,956
	Vested and expected to vest at March 31, 2014	2,603,891			$	44.74			7.13	$	73,299,119
	Exercisable at March 31, 2014	1,428,590			$	35.99			5.78	$	52,718,583
Stock Option	'
Schedule of Weighted Average Option Fair Values and Assumptions	'
	Weighted average option fair values and assumptions for the periods specified are disclosed below. The fair value of each option grant was estimated on the date of the grant using the Binomial lattice option pricing model.
		Three Months Ended
		March 31,
		2014		2013
	Weighted average fair value of option grants	$19.53		$12.85
	Dividend yield	1.26%		1.57%
	Volatility	30.36%		30.94%
	Risk-free forward interest rate	0.12%-4.69%		0.17%-4.10%
	Expected life (in years)	5.89		5.87
Schedule of Compensation Cost for Stock Options and Unvested Shares and Performance Share Units	'
	Total compensation cost for stock options is as follows:
		Three Months Ended
		March 31,
		2014				2013
	Cost of goods sold	$	242			$	192
	Selling, general and administrative expenses	2,190				2,169
	Total expense before income taxes	2,432				2,361
	Income tax benefit	(755		)		(737		)
	Total expense after income taxes	$	1,677			$	1,624
Performance Shares	'
Schedule of Weighted Average Option Fair Values and Assumptions	'
	Weighted average performance share unit fair values and assumptions for the period specified are disclosed below. The performance share units are market condition awards and have been assessed at fair value on the date of grant using a Monte Carlo simulation model.
		Three Months Ended
		March 31,
		2014		2013
	Weighted average fair value of performance share units	$94.55		$50.45
	Dividend yield	0.00%		0.00%
	Volatility	26.41%		28.99%
	Risk-free forward interest rate	0.65%		0.40%
	Expected life (in years)	2.88		2.87
Schedule of Compensation Cost for Stock Options and Unvested Shares and Performance Share Units	'
	Total compensation cost for performance share units is as follows:
		Three Months Ended
		March 31,
		2014				2013
	Cost of goods sold	$	—			$	—
	Selling, general and administrative expenses	661				189
	Total expense before income taxes	661				189
	Income tax benefit	(186		)		(37		)
	Total expense after income taxes	$	475			$	152
Unvested Shares	'
Schedule of Compensation Cost for Stock Options and Unvested Shares and Performance Share Units	'
	Total compensation cost for unvested shares is as follows:
		Three Months Ended
		March 31,
		2014				2013
	Cost of goods sold	$	472			$	402
	Selling, general and administrative expenses	2,746				2,660
	Total expense before income taxes	3,218				3,062
	Income tax benefit	(687		)		(715		)
	Total expense after income taxes	$	2,531			$	2,347

Retirement_Benefits_Tables

Retirement Benefits (Tables)	3 Months Ended
	Mar. 31, 2014
Pension Plans	'
Components of Net Periodic Benefit Cost for Defined Benefit Plans and Other Postretirement Plans	'
	The following tables provide the components of net periodic benefit cost for its major defined benefit plans and its other postretirement plans.
		Pension Benefits
		Three Months Ended March 31,
		2014						2013
		U.S.			Non-U.S.			U.S.			Non-U.S.
	Service cost	$	323		$	374		$	437		$	339
	Interest cost	1,053			599			943			519
	Expected return on plan assets	(1,408		)	(327		)	(1,353		)	(256		)
	Net amortization	699			219			1,614			230
	Net periodic benefit cost	$	667		$	865		$	1,641		$	832
Other Postretirement Benefit Plans	'
Components of Net Periodic Benefit Cost for Defined Benefit Plans and Other Postretirement Plans	'
		Other Postretirement Benefits
		Three Months Ended March 31,
		2014			2013
	Service cost	$	178		$	242
	Interest cost	233			227
	Net amortization	(118		)	6
	Net periodic benefit cost	$	293		$	475

Acquisitions_Additional_Inform

Acquisitions - Additional Information (Detail)	3 Months Ended		0 Months Ended
	Mar. 31, 2014	Dec. 31, 2013	Mar. 18, 2013	Mar. 18, 2013
	USD ($)	USD ($)	FTL Seals Technology, Ltd	FTL Seals Technology, Ltd
			USD ($)	GBP (£)
Business Acquisition [Line Items]	'	'	'	'
Aggregate purchase price	'	'	$34,500,000	£ 23,100,000
Goodwill	1,349,926,000	1,349,456,000	18,000,000	'
Intangible assets	'	'	13,000,000	'
Goodwill not deductible for tax purpose	'	'	18,000,000	'
Acquisition-related transaction costs	$500,000	'	'	'

Business_Segments_Additional_I

Business Segments - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2014
	segment
Segment Reporting [Abstract]	'
Number of reportable business segments	3

Business_Segments_Schedule_of_

Business Segments - Schedule of Information on Company's Business Segments (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Segment Reporting Information [Line Items]	'	'	'
Net sales	$543,996	$494,448	'
Operating income	113,835	94,712	'
Interest expense	10,457	10,557	'
Other income - net	844	1,279	'
Income before income taxes	104,222	85,434	'
Total assets	2,951,822	'	2,887,577
Intersegment elimination	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Net sales	-3,024	-1,688	'
Corporate office and other	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Operating income	-18,449	-13,866	'
Total assets	271,413	'	264,540
Fluid & Metering Technologies:	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment sales	223,361	211,755	'
Operating income	56,407	48,079	'
Total assets	1,031,728	'	1,025,352
Fluid & Metering Technologies: | External customers	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment sales	223,007	211,407	'
Fluid & Metering Technologies: | Intersegment elimination	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment sales	354	348	'
Health & Science Technologies:	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment sales	186,375	172,868	'
Operating income	36,229	32,267	'
Total assets	1,132,689	'	1,113,546
Health & Science Technologies: | External customers	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment sales	183,892	171,674	'
Health & Science Technologies: | Intersegment elimination	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment sales	2,483	1,194	'
Fire & Safety/Diversified Products:	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment sales	137,284	111,513	'
Operating income	39,648	28,232	'
Total assets	515,992	'	484,139
Fire & Safety/Diversified Products: | External customers	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment sales	137,097	111,367	'
Fire & Safety/Diversified Products: | Intersegment elimination	'	'	'
Segment Reporting Information [Line Items]	'	'	'
Segment sales	$187	$146	'

Earnings_Per_Common_Share_Addi

Earnings Per Common Share - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Earnings Per Share [Abstract]	'	'
Decrease in income attributable to common shareholders	$0.50	$0.30
Option to purchase common stock shares not included in the computation of diluted EPS (in shares)	0.5	0.6

Earnings_Per_Common_Share_Sche

Earnings Per Common Share - Schedule of Basic Weighted Average Shares Reconciles to Diluted Weighted Average Shares Outstanding (Detail)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Accounting Policies [Abstract]	'	'
Basic weighted average common shares outstanding (in shares)	80,527	82,197
Dilutive effect of stock options, unvested shares, and DCUs (in shares)	1,048	955
Diluted weighted average common shares outstanding (in shares)	81,575	83,152

Inventories_Components_of_Inve

Inventories - Components of Inventories (Detail) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]	'	'
Raw materials and component parts	$139,522	$133,470
Work in process	43,400	41,895
Finished goods	61,253	55,602
Total	$244,175	$230,967

Goodwill_and_Intangible_Assets2

Goodwill and Intangible Assets - Schedule of Changes in Carrying Amount of Goodwill (Detail) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Goodwill [Roll Forward]	'	'
Beginning Balance	$1,349,456	'
Foreign currency translation	470	'
Ending Balance	1,349,926	1,349,456
IPO reporting units, fair value, percent grader than carrying value	'	10.00%
Fluid & Metering Technologies:	'	'
Goodwill [Roll Forward]	'	'
Beginning Balance	528,044	'
Foreign currency translation	-105	'
Ending Balance	527,939	'
Health & Science Technologies:	'	'
Goodwill [Roll Forward]	'	'
Beginning Balance	571,675	'
Foreign currency translation	618	'
Ending Balance	572,293	'
Fire & Safety/Diversified Products:	'	'
Goodwill [Roll Forward]	'	'
Beginning Balance	249,737	'
Foreign currency translation	-43	'
Ending Balance	$249,694	'

Goodwill_and_Intangible_Assets3

Goodwill and Intangible Assets - Schedule of Gross Carrying Value and Accumulated Amortization for Each Major Class of Intangible Asset (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013
Goodwill And Intangible Assets [Line Items]	'	'
Amortized intangible assets - Gross Carrying Amount	$443,157	$444,184
Intangible assets - Gross Carrying Amount	505,257	506,284
Amortized intangible assets - Accumulated Amortization	-204,547	-195,057
Amortized intangible assets - Net	238,610	249,127
Intangible assets - Net	300,710	311,227
Patents	'	'
Goodwill And Intangible Assets [Line Items]	'	'
Amortized intangible assets - Gross Carrying Amount	9,955	10,673
Amortized intangible assets - Accumulated Amortization	-4,658	-5,179
Amortized intangible assets - Net	5,297	5,494
Amortized intangible assets - Weighted Average Life	'11 years	'
Trade names	'	'
Goodwill And Intangible Assets [Line Items]	'	'
Amortized intangible assets - Gross Carrying Amount	104,606	104,582
Amortized intangible assets - Accumulated Amortization	-29,939	-28,310
Amortized intangible assets - Net	74,667	76,272
Amortized intangible assets - Weighted Average Life	'16 years	'
Customer relationships	'	'
Goodwill And Intangible Assets [Line Items]	'	'
Amortized intangible assets - Gross Carrying Amount	242,933	242,674
Amortized intangible assets - Accumulated Amortization	-127,878	-121,092
Amortized intangible assets - Net	115,055	121,582
Amortized intangible assets - Weighted Average Life	'10 years	'
Non-compete agreements	'	'
Goodwill And Intangible Assets [Line Items]	'	'
Amortized intangible assets - Gross Carrying Amount	3,175	3,769
Amortized intangible assets - Accumulated Amortization	-2,744	-3,272
Amortized intangible assets - Net	431	497
Amortized intangible assets - Weighted Average Life	'3 years	'
Unpatented technology	'	'
Goodwill And Intangible Assets [Line Items]	'	'
Amortized intangible assets - Gross Carrying Amount	75,489	75,528
Amortized intangible assets - Accumulated Amortization	-34,853	-32,905
Amortized intangible assets - Net	40,636	42,623
Amortized intangible assets - Weighted Average Life	'11 years	'
Other	'	'
Goodwill And Intangible Assets [Line Items]	'	'
Amortized intangible assets - Gross Carrying Amount	6,999	6,958
Amortized intangible assets - Accumulated Amortization	-4,475	-4,299
Amortized intangible assets - Net	2,524	2,659
Amortized intangible assets - Weighted Average Life	'10 years	'
Banjo trade name	'	'
Goodwill And Intangible Assets [Line Items]	'	'
Indefinite lived intangible assets - Gross Carrying Amount	62,100	62,100
Indefinite lived intangible assets - Net	$62,100	$62,100

Accrued_Expenses_Components_of

Accrued Expenses - Components of Accrued Expenses (Detail) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Payables and Accruals [Abstract]	'	'
Payroll and related items	$61,804	$63,297
Management incentive compensation	7,048	20,949
Income taxes payable	25,512	11,746
Insurance	8,995	7,741
Warranty	5,109	4,888
Deferred revenue	12,343	9,455
Liability for uncertain tax positions	950	1,201
Accrued interest	9,477	1,354
Other	32,305	30,120
Total accrued expenses	$163,543	$150,751

Other_Noncurrent_Liabilities_C

Other Noncurrent Liabilities - Components of Noncurrent Liabilities (Detail) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Other Liabilities Disclosure [Abstract]	'	'
Pension and retiree medical obligations	$67,731	$67,777
Liability for uncertain tax positions	3,017	4,624
Deferred revenue	5,184	5,578
Other	15,416	15,087
Total other noncurrent liabilities	$91,348	$93,066

Borrowings_Schedule_of_Borrowi

Borrowings - Schedule of Borrowings (Detail) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Debt Instrument [Line Items]	'	'
Long-term borrowings	$780,245	$773,876
Less current portion	1,393	1,871
Total long-term borrowings	778,852	772,005
2.58% Senior Euro Notes, due June 2015	'	'
Debt Instrument [Line Items]	'	'
Long-term borrowings	111,391	111,505
4.5% Senior Notes, due December 2020	'	'
Debt Instrument [Line Items]	'	'
Long-term borrowings	298,864	298,828
4.2% Senior Notes, due December 2021	'	'
Debt Instrument [Line Items]	'	'
Long-term borrowings	349,292	349,272
Revolving Facility	'	'
Debt Instrument [Line Items]	'	'
Revolving Facility	17,000	10,000
Other borrowings	'	'
Debt Instrument [Line Items]	'	'
Other borrowings	$3,698	$4,271

Borrowings_Schedule_of_Borrowi1

Borrowings - Schedule of Borrowings (Parenthetical) (Detail)	Mar. 31, 2014	Dec. 31, 2012	Dec. 09, 2011	Mar. 31, 2014	Dec. 31, 2012	Dec. 06, 2010	Mar. 31, 2014	Dec. 31, 2012
	4.2% Senior Notes, due December 2021	4.2% Senior Notes, due December 2021	4.2% Senior Notes, due December 2021	4.5% Senior Notes, due December 2020	4.5% Senior Notes, due December 2020	4.5% Senior Notes, due December 2020	2.58% Senior Euro Notes, due June 2015	2.58% Senior Euro Notes, due June 2015
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'
Stated interest rate	4.20%	'	4.20%	4.50%	'	4.50%	2.58%	'
Senior Notes, maturity date	'2021-12	'2021-12	'	'2020-12	'2020-12	'	'2015-06	'2015-06

Borrowings_Additional_Informat

Borrowings - Additional Information (Detail) (USD $)

3 Months Ended

3 Months Ended

3 Months Ended

Mar. 31, 2014

Jun. 09, 2010

Dec. 06, 2010

Dec. 09, 2011

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

covenant

2.58% Senior Euro Notes, due June 2015

4.5% Senior Notes, due December 2020

4.2% Senior Notes, due December 2021

Minimum

Minimum

Maximum

Letters Of Credit

Swing line Loans

Revolving Facility

Revolving Facility

Revolving Facility

Revolving Facility

Other borrowings

Other borrowings

Other borrowings

2.58% Senior Euro Notes, due June 2015

Other borrowings

Minimum

Maximum

Line of Credit Facility [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revolving facility principal amount

$700,000,000

'

'

'

'

'

'

$75,000,000

$25,000,000

'

'

'

'

'

'

Revolving facility expiration date

27-Jun-16

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Applicable margin over LIBOR

'

'

'

'

'

'

'

'

'

1.05%

'

0.88%

1.70%

'

'

Annual credit facility fee basis point rate spread over LIBOR

'

'

'

'

'

'

'

'

'

0.20%

'

'

'

'

'

Current borrowings under revolving facility

'

'

'

'

'

'

'

'

'

17,000,000

10,000,000

'

'

'

'

Outstanding letters of credit

'

'

'

'

'

'

'

'

'

7,900,000

'

'

'

'

'

Revolving Facility, amount available to borrow

'

'

'

'

'

'

'

'

'

675,100,000

'

'

'

'

'

Other borrowings

'

'

'

'

'

'

'

'

'

'

'

'

'

$3,698,000

$4,271,000

Stated interest rate

'

2.58%

4.50%

4.20%

0.26%

'

1.48%

'

'

'

'

'

'

'

'

Number of financial covenants

2

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest coverage ratio

'

'

'

'

'

3

'

'

'

'

'

'

'

'

'

Leverage ratio

'

'

'

'

'

'

'

'

'

'

'

'

3.25

'

'

Derivative_Instruments_Additio

Derivative Instruments - Additional Information (Detail) (USD $)	3 Months Ended		24 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2011	Dec. 06, 2010	Dec. 09, 2011
			Interest Rate Exchange Agreement Expiring 2010 and 2011 [Member]	4.5% Senior Notes, due December 2020	4.2% Senior Notes, due December 2021
Derivative [Line Items]	'	'	'	'	'
Interest rate on senior notes	'	'	'	4.50%	4.20%
Amortization of interest expense	$429,000	$425,000	$68,900,000	'	'
Term of amortized interest expense, years	'	'	'10 years	'	'
Amount to be recognized from hedged transactions within 12 months, approximate	$7,200,000	'	'	'	'

Fair_Value_Measurements_Schedu

Fair Value Measurements - Schedule of Company Financial Assets and Liabilities at Fair Value on Recurring Basis (Detail) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Money market investment	$22,669	$27,871
Available for sale securities	3,341	3,255
Fair Value, Inputs, Level 1	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Money market investment	22,669	27,871
Available for sale securities	3,341	3,255
Fair Value, Inputs, Level 2	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Money market investment	0	0
Available for sale securities	0	0
Fair Value, Inputs, Level 3	'	'
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]	'	'
Money market investment	0	0
Available for sale securities	$0	$0

Fair_Value_Measurements_Additi

Fair Value Measurements - Additional Information (Detail) (USD $)	Mar. 31, 2014	Mar. 31, 2014	Mar. 31, 2014	Dec. 06, 2010	Mar. 31, 2014	Dec. 09, 2011
In Millions, unless otherwise specified		2.58% Senior Euro Notes, due June 2015	4.5% Senior Notes, due December 2020	4.5% Senior Notes, due December 2020	4.2% Senior Notes, due December 2021	4.2% Senior Notes, due December 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'	'	'
Stated interest rate	'	2.58%	4.50%	4.50%	4.20%	4.20%
Fair value of our revolving facility and senior debt	$801.10	'	'	'	'	'
Carrying value of our revolving facility and senior debt	$776.50	'	'	'	'	'

Other_Comprehensive_Income_Los2

Other Comprehensive Income (Loss) (Components of Other Comprehensive Income (Loss)) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Equity [Abstract]	'	'
Cumulative translation adjustment, Pre-tax	$284	($27,253)
Cumulative translation adjustment, Tax	0	0
Cumulative translation adjustment, Net of Tax	284	-27,253
Pension and Other Postretirement Adjustments	'	'
Pension and other postretirement adjustments, Pre-tax	679	1,935
Pension and other postretirement adjustments, Tax	-240	-662
Pension and other postretirement adjustments, Net of Tax	439	1,273
Reclassification adjustments for derivatives, Pre-tax	1,820	1,872
Reclassification adjustments for derivatives, Tax	-663	-682
Reclassification adjustments for derivatives, Net of tax	1,157	1,190
Total other comprehensive income (loss), Pre-tax	2,783	-23,446
Total other comprehensive income (loss), Tax	-903	-1,344
Other comprehensive income (loss)	$1,880	($24,790)

Other_Comprehensive_Income_Los3

Other Comprehensive Income (Loss) (Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'
Selling, general and administrative expenses	$130,585	$117,285
Interest expense	10,457	10,557
Provision for income taxes	-29,674	-24,134
Reclassification out of Accumulated Other Comprehensive Income [Member] | Pension and Other Postretirement Plans [Member]	'	'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'
Selling, general and administrative expenses	679	1,935
Total before tax	679	1,935
Provision for income taxes	-240	-662
Total net of tax	439	1,273
Reclassification out of Accumulated Other Comprehensive Income [Member] | Derivatives [Member]	'	'
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]	'	'
Interest expense	1,820	1,872
Total before tax	1,820	1,872
Provision for income taxes	-663	-682
Total net of tax	$1,157	$1,190

Common_and_Preferred_Stock_Add

Common and Preferred Stock - Additional Information (Detail) (USD $)	0 Months Ended	3 Months Ended			1 Months Ended
	Nov. 08, 2013	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Apr. 30, 2013	Apr. 30, 2014
					April Settlement	Subsequent Event
						April Settlement
Stockholders Equity Note [Line Items]	'	'	'	'	'	'
Increase in share repurchase authorized amount	$300,000,000	'	'	'	'	'
Purchase of common stock (in shares)	'	551,148	700,000	'	'	'
Repurchase of common stock, including subsequent settlements	'	40,100,000	35,700,000	'	'	'
Purchase of common stock	'	37,537,000	33,115,000	'	2,600,000	2,600,000
Remaining authorized repurchase amount	'	$327,800,000	'	'	'	'
Common stock, authorized (in shares)	'	150,000,000	'	150,000,000	'	'
Common stock, par value (in dollars per share)	'	$0.01	'	$0.01	'	'
Preferred stock, authorized (in shares)	'	5,000,000	'	5,000,000	'	'
Preferred stock, par value (in dollars per share)	'	$0.01	'	$0.01	'	'
Preferred stock, issued (in shares)	'	0	'	0	'	'

Share_Based_Compensation_Addit

Share Based Compensation - Additional Information (Detail) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Stock Option	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Stock options granted (in shares)	0.5	0.6
Total unrecognized compensation cost	$14.10	'
Weighted-average period of total unrecognized compensation cost, in years	'1 year 7 months 6 days	'
Unvested Shares	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Shares granted (in shares)	0.1	0.2
Total unrecognized compensation cost	16.2	'
Weighted-average period of total unrecognized compensation cost, in years	'1 year 2 months 12 days	'
Performance Shares	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Shares granted (in shares)	0.1	0.1
Total unrecognized compensation cost	$7.80	'
Weighted-average period of total unrecognized compensation cost, in years	'1 year 4 months 24 days	'

ShareBased_Compensation_Schedu

Share-Based Compensation - Schedule of Weighted Average Option, Performance Share Fair Values and Assumptions (Detail) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Stock Option	'	'
Schedule of Weighted Average Assumptions for Fair Values of Stock Options[Line Items]	'	'
Weighted average fair value of option grants (in dollars per share)	$19.53	$12.85
Dividend yield	1.26%	1.57%
Volatility	30.36%	30.94%
Expected life (in years)	'5 years 10 months 21 days	'5 years 10 months 13 days
Performance Shares	'	'
Schedule of Weighted Average Assumptions for Fair Values of Stock Options[Line Items]	'	'
Weighted average fair value of option grants (in dollars per share)	$94.55	$50.45
Dividend yield	0.00%	0.00%
Volatility	26.41%	28.99%
Risk-free forward interest rate	0.65%	0.40%
Expected life (in years)	'2 years 10 months 17 days	'2 years 10 months 13 days
Minimum | Stock Option	'	'
Schedule of Weighted Average Assumptions for Fair Values of Stock Options[Line Items]	'	'
Risk-free forward interest rate	0.12%	0.17%
Maximum | Stock Option	'	'
Schedule of Weighted Average Assumptions for Fair Values of Stock Options[Line Items]	'	'
Risk-free forward interest rate	4.69%	4.10%

ShareBased_Compensation_Schedu1

Share-Based Compensation - Schedule of Compensation Cost for Stock Options, Unvested Shares and Performance Share Units (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	$6,312	$5,612
Stock Option	'	'
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	2,432	2,361
Income tax benefit	-755	-737
Total expense after income taxes	1,677	1,624
Stock Option | Cost Of Goods Sold	'	'
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	242	192
Stock Option | Selling, General And Administrative Expenses	'	'
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	2,190	2,169
Unvested Shares	'	'
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	3,218	3,062
Income tax benefit	-687	-715
Total expense after income taxes	2,531	2,347
Unvested Shares | Cost Of Goods Sold	'	'
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	472	402
Unvested Shares | Selling, General And Administrative Expenses	'	'
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	2,746	2,660
Performance Shares	'	'
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	661	189
Income tax benefit	-186	-37
Total expense after income taxes	475	152
Performance Shares | Cost Of Goods Sold	'	'
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	0	0
Performance Shares | Selling, General And Administrative Expenses	'	'
Compensation Related Costs Share Based Payments Disclosure [Line Items]	'	'
Total expense before income taxes	$661	$189

ShareBased_Compensation_Stock_

Share-Based Compensation - Stock Options Activity (Detail) (USD $)	3 Months Ended	12 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Shares	'	'
Beginning balance (in shares)	2,516,618	'
Granted (in shares)	486,505	'
Exercised (in shares)	-180,617	'
Forfeited/Expired (in shares)	-50,949	'
Ending balance (in shares)	2,771,557	2,516,618
Vested and expected to vest (in shares)	2,603,891	'
Exercisable (in shares)	1,428,590	'
Weighted Average Price	'	'
Beginning Balance, Weighted Average Price (in dollars per share)	$39.60	'
Granted, Weighted Average Price (in dollars per share)	$72.74	'
Exercised, Weighted Average Price (in dollars per share)	$34.08	'
Forfeited/Expired, Weighted Average Price (in dollars per share)	$45.93	'
Ending Balance, Weighted Average Price (in dollars per share)	$45.66	$39.60
Vested and expected to vest , Weighted Average Price (in dollars per share)	$44.74	'
Exercisable at March 31, 2013, Weighted Average Price (in dollars per share)	$35.99	'
Weighted-Average Remaining Contractual Term	'	'
Weighted-Average Remaining Contractual Term, Ending	'7 years 3 months 4 days	'6 years 10 months 13 days
Weighted-Average Remaining Contractual Term, Vested and expected to vest	'7 years 1 month 17 days	'
Weighted-Average Remaining Contractual Term, Exercisable	'5 years 9 months 11 days	'
Aggregate Intrinsic Value	'	'
Stock options outstanding, Beginning aggregate intrinsic value	$86,200,655	'
Stock options outstanding, Ending aggregate intrinsic value	75,477,956	86,200,655
Stock options, vested and expected to vest aggregate intrinsic value	73,299,119	'
Stock options, exercisable aggregate intrinsic value	$52,718,583	'

Retirement_Benefits_Components

Retirement Benefits - Components of Net Periodic Benefit Cost for Defined Benefit Plans and Other Postretirement Plans (Detail) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
U.S.	'	'
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]	'	'
Service cost	$323	$437
Interest cost	1,053	943
Expected return on plan assets	-1,408	-1,353
Net amortization	699	1,614
Net periodic benefit cost	667	1,641
Non-U.S.	'	'
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]	'	'
Service cost	374	339
Interest cost	599	519
Expected return on plan assets	-327	-256
Net amortization	219	230
Net periodic benefit cost	865	832
Other Postretirement Benefit Plans	'	'
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]	'	'
Service cost	178	242
Interest cost	233	227
Net amortization	-118	6
Net periodic benefit cost	$293	$475

Retirement_Benefits_Additional

Retirement Benefits - Additional Information (Detail) (USD $)	3 Months Ended	12 Months Ended		12 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014	Dec. 31, 2013	Mar. 31, 2014
		Pension Plans	Pension Plans	Other Postretirement Benefit Plans	Other Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'	'
Expected contribution for next fiscal year	'	$2.80	'	$0.90	'
Actual contributions	'	'	0.6	'	0.2
Anticipated additional contribution for pension plans and other postretirement benefit plans in 2013	$2.90	'	'	'	'

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Tax Disclosure [Abstract]	'	'
Provision for income taxes	$29,674,000	$24,134,000
Effective tax rate	28.50%	28.20%
Reasonably possible change in unrecognized tax benefits over next 12 months, lower range	0	'
Reasonably possible change in unrecognized tax benefits over next 12 months, upper range	$1,000,000	'

Subsequent_Events_Details

Subsequent Events (Details) (Subsequent Event, Aegis, USD $)	0 Months Ended
	Apr. 28, 2014
Subsequent Event | Aegis	'
Subsequent Event [Line Items]	'
Aggregate purchase price	$26,000,000
Revenues	$15,000,000