| Summarized Financial Information of Reportable Segments |
The following is a summary of the financial information of the reportable segments reconciled to the amounts reported in the condensed consolidated financial statements:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended March 31, 2015 | | | | | | | | | | | (Amounts in thousands) | Engineered Product Division | | Industrial Product Division | | Flow Control Division | | Subtotal–Reportable Segments | | Eliminations and All Other | | Consolidated Total | Sales to external customers | $ | 473,413 |
| | $ | 214,711 |
| | $ | 326,496 |
| | $ | 1,014,620 |
| | $ | — |
| | $ | 1,014,620 |
| Intersegment sales | 10,747 |
| | 8,655 |
| | 667 |
| | 20,069 |
| | (20,069 | ) | | — |
| Segment operating income (loss) | 68,828 |
| | (13,338 | ) | | 54,715 |
| | 110,205 |
| | (16,829 | ) | | 93,376 |
| | | | | | | | | | | | | Three Months Ended March 31, 2014 | | | | | | | | | | | (Amounts in thousands) | Engineered Product Division | | Industrial Product Division | | Flow Control Division | | Subtotal–Reportable Segments | | Eliminations and All Other | | Consolidated Total | Sales to external customers | $ | 510,311 |
| | $ | 175,994 |
| | $ | 381,831 |
| | $ | 1,068,136 |
| | $ | — |
| | $ | 1,068,136 |
| Intersegment sales | 13,785 |
| | 10,190 |
| | 1,107 |
| | 25,082 |
| | (25,082 | ) | | — |
| Segment operating income | 81,353 |
| | 18,788 |
| | 83,133 |
| | 183,274 |
| | (18,948 | ) | | 164,326 |
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