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Pay vs Performance Disclosure
Unit_pure in Thousands
12 Months Ended
Dec. 30, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 25, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
Pay Versus Performance
Pay Versus Performance Table
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation
S-K,
the table below discloses, for the last three fiscal years: (i) the total compensation paid (as reported in the Summary Compensation Table (“SCT”)) and the compensation actually paid (“CAP”) to the individuals who served as the Company’s Chief Executive Officer; (ii) the average of the total compensation paid (as reported in the SCT) and the average CAP to the individuals who served as
non-CEO
Named Executive Officers (“NEOs”); (iii) the cumulative total shareholder return of the Company and peer group cumulative total shareholder return; (iv) net income; and (v) net sales.
 
  Year  
Summary
Compensation
Table Total
for Current
CEO
(1)
($)
 
Compensation
Actually Paid
to Current
CEO
(1)(4)
($)
   
Summary
Compensation
Table Total
for Former
CEO
(2)
($)
   
Compensation
Actually Paid
to Former
CEO
(2)(4)
($)
   
Average
Summary
Compensation
Table Total
for Non-CEO

Named
Executive
Officers
(3)
($)
   
Average
Compensation
Actually Paid to
Non-CEO

Named
Executive
Officers
(3)(4)
($)
     Value of Initial Fixed
$100 Investment Based On:
   
Net Income
(in
thousands)
($)
   
Net Sales
(in
thousands)
($)
 
  
Total
Shareholder
Return
($)
    
Peer Group
Total
Shareholder
Return
(5)
($)
 
2022   6,417,072     6,011,113                   1,324,147       1,237,294        134        126       460,645       2,143,521  
2021   5,422,139     5,758,222       1,686,160       2,042,742       1,901,127       1,896,267        158        144       439,866       1,987,608  
2020             8,992,789       8,345,564       1,576,933       1,674,459        141        116       330,456       1,650,115  
 
(1)
Mark W. Sheahan became President and Chief Executive Officer effective June 10, 2021.
 
(2)
Patrick J. McHale served as President and Chief Executive Officer from June 2007 through June 9, 2021.
 
(3)
The
non-CEO
NEOs were as follows: David M. Lowe, Dale D. Johnson, Christian E. Rothe and Jeffrey P. Johnson (2022 and 2021); and Mark W. Sheahan, Dale D. Johnson, Christian E. Rothe and Jeffrey P. Johnson (2020).
 
(4)
The table below sets forth the amounts deducted from and added to SCT total compensation to calculate CAP to Mr. Sheahan and Mr. McHale and average CAP to the
non-CEO
NEOs.
 
     
2022
 
2021
 
2020
Adjustments
  
Current
CEO
 
Former
CEO
  
Average of
Non-CEO

NEOs
 
Current
CEO
 
Former
CEO
  
Average of
Non-CEO

NEOs
 
Current
CEO
  
Former
CEO
  
Average of
Non-CEO

NEOs
Total Compensation from SCT    6,417,072   -    1,324,147   5,422,139   1,686,160    1,901,127   -    8,992,789    1,576,933
Less, Change in Pension Value reported in SCT    191,000   -    0   256,000   71,000    0   -    1,925,000    282,250
Plus, service cost    112,000   -    29,250   113,000   337,000    28,500   -    375,000    56,750
Plus, prior service cost for plan amendment or new plan    -   -    -   -   -    -   -    -    -
Less, value of Stock Awards and Option Awards reported in SCT    4,499,875   -    562,413   3,499,890   -    952,300   -    5,499,969    562,444
Plus,
year-end
fair value of Stock Awards and Option Awards granted during year that are outstanding and unvested at
year-end
   4,631,729   -    578,893   3,868,817   -    866,337   -    3,732,518    739,654
Plus, change in
year-end
fair value of Stock Awards and Option Awards granted in any prior year that are outstanding and unvested at
year-end
   (249,326)   -    (73,708)   118,902   -    62,753   -    2,418,631    128,855
Plus, change in fair value as of vesting date of any Stock Awards and Option Awards granted in any prior year that vested during covered year    (209,487)   -    (58,875)   (8,746)   90,582    (10,150)   -    251,595    16,961
Less, fair value at end of prior year of Stock Awards and Option Awards that failed to meet applicable vesting conditions during year    -   -    -   -   -    -   -    -    -
Plus, dividends or other earnings paid on Stock Awards and Option Awards during year prior to vesting if not otherwise included in total compensation for year    -   -    -   -   -    -   -    -    -
Compensation Actually Paid    6,011,113   -    1,237,294   5,758,222   2,042,742    1,896,267   -    8,345,564    1,674,459
 
  (5)
The peer group used in this Pay Versus Performance table is the Dow Jones U.S. Industrial Machinery Index, which is the same peer group the Company uses for purposes of the stock performance graph in our Annual Report on Form
10-K.
   
Company Selected Measure Name Net Sales    
Named Executive Officers, Footnote [Text Block]
(3)
The
non-CEO
NEOs were as follows: David M. Lowe, Dale D. Johnson, Christian E. Rothe and Jeffrey P. Johnson (2022 and 2021); and Mark W. Sheahan, Dale D. Johnson, Christian E. Rothe and Jeffrey P. Johnson (2020).
   
Peer Group Issuers, Footnote [Text Block] The peer group used in this Pay Versus Performance table is the Dow Jones U.S. Industrial Machinery Index    
Adjustment To PEO Compensation, Footnote [Text Block]
(4)
The table below sets forth the amounts deducted from and added to SCT total compensation to calculate CAP to Mr. Sheahan and Mr. McHale and average CAP to the
non-CEO
NEOs.
 
     
2022
 
2021
 
2020
Adjustments
  
Current
CEO
 
Former
CEO
  
Average of
Non-CEO

NEOs
 
Current
CEO
 
Former
CEO
  
Average of
Non-CEO

NEOs
 
Current
CEO
  
Former
CEO
  
Average of
Non-CEO

NEOs
Total Compensation from SCT    6,417,072   -    1,324,147   5,422,139   1,686,160    1,901,127   -    8,992,789    1,576,933
Less, Change in Pension Value reported in SCT    191,000   -    0   256,000   71,000    0   -    1,925,000    282,250
Plus, service cost    112,000   -    29,250   113,000   337,000    28,500   -    375,000    56,750
Plus, prior service cost for plan amendment or new plan    -   -    -   -   -    -   -    -    -
Less, value of Stock Awards and Option Awards reported in SCT    4,499,875   -    562,413   3,499,890   -    952,300   -    5,499,969    562,444
Plus,
year-end
fair value of Stock Awards and Option Awards granted during year that are outstanding and unvested at
year-end
   4,631,729   -    578,893   3,868,817   -    866,337   -    3,732,518    739,654
Plus, change in
year-end
fair value of Stock Awards and Option Awards granted in any prior year that are outstanding and unvested at
year-end
   (249,326)   -    (73,708)   118,902   -    62,753   -    2,418,631    128,855
Plus, change in fair value as of vesting date of any Stock Awards and Option Awards granted in any prior year that vested during covered year    (209,487)   -    (58,875)   (8,746)   90,582    (10,150)   -    251,595    16,961
Less, fair value at end of prior year of Stock Awards and Option Awards that failed to meet applicable vesting conditions during year    -   -    -   -   -    -   -    -    -
Plus, dividends or other earnings paid on Stock Awards and Option Awards during year prior to vesting if not otherwise included in total compensation for year    -   -    -   -   -    -   -    -    -
Compensation Actually Paid    6,011,113   -    1,237,294   5,758,222   2,042,742    1,896,267   -    8,345,564    1,674,459
   
Non-PEO NEO Average Total Compensation Amount $ 1,324,147 $ 1,901,127 $ 1,576,933
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,237,294 1,896,267 1,674,459
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(4)
The table below sets forth the amounts deducted from and added to SCT total compensation to calculate CAP to Mr. Sheahan and Mr. McHale and average CAP to the
non-CEO
NEOs.
 
     
2022
 
2021
 
2020
Adjustments
  
Current
CEO
 
Former
CEO
  
Average of
Non-CEO

NEOs
 
Current
CEO
 
Former
CEO
  
Average of
Non-CEO

NEOs
 
Current
CEO
  
Former
CEO
  
Average of
Non-CEO

NEOs
Total Compensation from SCT    6,417,072   -    1,324,147   5,422,139   1,686,160    1,901,127   -    8,992,789    1,576,933
Less, Change in Pension Value reported in SCT    191,000   -    0   256,000   71,000    0   -    1,925,000    282,250
Plus, service cost    112,000   -    29,250   113,000   337,000    28,500   -    375,000    56,750
Plus, prior service cost for plan amendment or new plan    -   -    -   -   -    -   -    -    -
Less, value of Stock Awards and Option Awards reported in SCT    4,499,875   -    562,413   3,499,890   -    952,300   -    5,499,969    562,444
Plus,
year-end
fair value of Stock Awards and Option Awards granted during year that are outstanding and unvested at
year-end
   4,631,729   -    578,893   3,868,817   -    866,337   -    3,732,518    739,654
Plus, change in
year-end
fair value of Stock Awards and Option Awards granted in any prior year that are outstanding and unvested at
year-end
   (249,326)   -    (73,708)   118,902   -    62,753   -    2,418,631    128,855
Plus, change in fair value as of vesting date of any Stock Awards and Option Awards granted in any prior year that vested during covered year    (209,487)   -    (58,875)   (8,746)   90,582    (10,150)   -    251,595    16,961
Less, fair value at end of prior year of Stock Awards and Option Awards that failed to meet applicable vesting conditions during year    -   -    -   -   -    -   -    -    -
Plus, dividends or other earnings paid on Stock Awards and Option Awards during year prior to vesting if not otherwise included in total compensation for year    -   -    -   -   -    -   -    -    -
Compensation Actually Paid    6,011,113   -    1,237,294   5,758,222   2,042,742    1,896,267   -    8,345,564    1,674,459
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block] LOGO    
Compensation Actually Paid vs. Net Income [Text Block] LOGO    
Compensation Actually Paid vs. Company Selected Measure [Text Block] LOGO    
Total Shareholder Return Vs Peer Group [Text Block] LOGO LOGO    
Tabular List [Table Text Block]
The table below lists the most important financial performance measures used by the Company to link CAP to the Company’s NEOs to Company performance.
 
Most Important Financial Performance Measures
Net Sales
Incentive Earnings Per Share (“EPS”)
Divisional Net Sales
Divisional Incentive EPS
   
Total Shareholder Return Amount $ 134 158 141
Peer Group Total Shareholder Return Amount 126 144 116
Net Income (Loss) $ 460,645,000 $ 439,866,000 $ 330,456,000
Company Selected Measure Amount 2,143,521 1,987,608 1,650,115
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Net Sales    
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Incentive Earnings Per Share (“EPS”)    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Divisional Net Sales    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Divisional Incentive EPS    
Mark W. Sheahan [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 6,417,072 $ 5,422,139 $ 0
PEO Actually Paid Compensation Amount $ 6,011,113 5,758,222 0
PEO Name Mark W. Sheahan    
Patrick J. McHale [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount $ 0 1,686,160 8,992,789
PEO Actually Paid Compensation Amount $ 0 2,042,742 8,345,564
PEO Name Patrick J. McHale    
PEO [Member] | Mark W. Sheahan [Member] | Change in Pension Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (191,000) (256,000) 0
PEO [Member] | Mark W. Sheahan [Member] | Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 112,000 113,000 0
PEO [Member] | Mark W. Sheahan [Member] | Prior Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Mark W. Sheahan [Member] | Value of Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (4,499,875) (3,499,890) 0
PEO [Member] | Mark W. Sheahan [Member] | Year End Fair Value of Stock Awards and Option Awards are Outstanding and Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 4,631,729 3,868,817 0
PEO [Member] | Mark W. Sheahan [Member] | Change in Year End Fair Value of Stock Awards and Option Awards Granted are Outstanding and Unvested at YearEnd [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (249,326) 118,902 0
PEO [Member] | Mark W. Sheahan [Member] | Change in Fair Value as of Vesting Date of any stock awards and option awards that vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (209,487) (8,746) 0
PEO [Member] | Mark W. Sheahan [Member] | Fair Value at End of Prior Year of Stock Awards and Option Awards that Failed to Meet Applicable Vesting Conditions [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Mark W. Sheahan [Member] | Dividends or Other Earnings Paid on Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Patrick J. McHale [Member] | Change in Pension Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 (71,000) (1,925,000)
PEO [Member] | Patrick J. McHale [Member] | Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 337,000 375,000
PEO [Member] | Patrick J. McHale [Member] | Prior Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Patrick J. McHale [Member] | Value of Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 (5,499,969)
PEO [Member] | Patrick J. McHale [Member] | Year End Fair Value of Stock Awards and Option Awards are Outstanding and Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 3,732,518
PEO [Member] | Patrick J. McHale [Member] | Change in Year End Fair Value of Stock Awards and Option Awards Granted are Outstanding and Unvested at YearEnd [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 2,418,631
PEO [Member] | Patrick J. McHale [Member] | Change in Fair Value as of Vesting Date of any stock awards and option awards that vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 90,582 251,595
PEO [Member] | Patrick J. McHale [Member] | Fair Value at End of Prior Year of Stock Awards and Option Awards that Failed to Meet Applicable Vesting Conditions [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
PEO [Member] | Patrick J. McHale [Member] | Dividends or Other Earnings Paid on Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Change in Pension Value [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 (282,250)
Non-PEO NEO [Member] | Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 29,250 28,500 56,750
Non-PEO NEO [Member] | Prior Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Value of Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (562,413) (952,300) (562,444)
Non-PEO NEO [Member] | Year End Fair Value of Stock Awards and Option Awards are Outstanding and Unvested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 578,893 866,337 739,654
Non-PEO NEO [Member] | Change in Year End Fair Value of Stock Awards and Option Awards Granted are Outstanding and Unvested at YearEnd [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (73,708) 62,753 128,855
Non-PEO NEO [Member] | Change in Fair Value as of Vesting Date of any stock awards and option awards that vested [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (58,875) (10,150) 16,961
Non-PEO NEO [Member] | Fair Value at End of Prior Year of Stock Awards and Option Awards that Failed to Meet Applicable Vesting Conditions [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 0 0 0
Non-PEO NEO [Member] | Dividends or Other Earnings Paid on Stock Awards and Option Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ 0 $ 0 $ 0