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Segment Information
3 Months Ended
Mar. 29, 2024
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has three reportable segments: Contractor, Industrial and Process. Sales and operating earnings by segment were as follows (in thousands): 
 Three Months Ended
 March 29,
2024
March 31,
2023
Net Sales
 Contractor$230,042 $245,971 
 Industrial141,991 150,190 
 Process120,156 133,485 
 Total$492,189 $529,646 
Operating Earnings
 Contractor$66,141 $73,772 
 Industrial44,801 52,770 
 Process35,040 40,565 
 Unallocated corporate (expense)(12,986)(10,439)
 Total$132,996 $156,668 

Assets by segment were as follows (in thousands): 
March 29,
2024
December 29,
2023
Contractor
$730,987 $712,224 
Industrial
605,991 640,487 
Process
553,816 554,753 
Unallocated corporate
896,031 814,543 
Total
$2,786,825 $2,722,007 
Geographic information follows (in thousands):
 Three Months Ended
 March 29,
2024
March 31,
2023
Net Sales (based on customer location)
United States
$267,832 $288,989 
Other countries
224,357 240,657 
Total
$492,189 $529,646 

 March 29,
2024
December 29,
2023
Long-lived Assets
United States
$635,154 $622,430 
Other countries
116,020 119,283 
Total
$751,174 $741,713