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Segment Information (Tables)

12 Months Ended

Dec. 29, 2023

Segment Reporting, Measurement Disclosures [Abstract]

Segment Reporting Information - Operations and Assets

Segment information follows (in thousands):

			2023						2022						2021
Net Sales
Contractor			$	985,675					$	999,060					$	987,606
Industrial			662,785						649,347						602,376
Process			547,146						495,114						397,626
Total			$	2,195,606					$	2,143,521					$	1,987,608
Operating Earnings
Contractor			$	285,394					$	249,833					$	266,204
Industrial			234,054						231,298						199,856
Process			165,273						122,344						91,037
Unallocated corporate (expense)			(38,678)						(30,775)						(25,774)
Contingent consideration			8,600						—						—
Impairment			(7,800)						—						—
Total			$	646,843					$	572,700					$	531,323
Assets
Contractor			$	712,224					$	752,729
Industrial			640,487						578,302
Process			554,753						564,539
Unallocated corporate			814,543						543,330
Total			$	2,722,007					$	2,438,900

Segment Reporting Information - Geographic

Geographic information follows (in thousands):

			2023						2022						2021
Net Sales (based on customer location)
United States			$	1,161,607					$	1,116,012					$	1,004,318
Other countries			1,033,999						1,027,509						983,290
Total			$	2,195,606					$	2,143,521					$	1,987,608
Long-lived Assets
United States			$	622,430					$	532,401
Other countries			119,283						75,208
Total			$	741,713					$	607,609

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-41

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
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-Paragraph 30
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-URI https://asc.fasb.org//1943274/2147482810/280-10-50-30

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