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Segment Information (Tables)

12 Months Ended

Dec. 27, 2024

Segment Reporting, Measurement Disclosures [Abstract]

Segment Reporting Information - Operations and Assets

Segment information follows (in thousands):

						2024						2023						2022
Contractor
Net Sales						$	988,865					$	985,675					$	999,060
Cost of products sold						484,926						493,857						555,622
Gross Profit						503,939						491,818						443,438
Operating Expenses						233,795						206,424						193,605
Contractor Operating Earnings						$	270,144					$	285,394					$	249,833
Industrial
Net Sales						$	619,653					$	662,785					$	649,347
Cost of products sold						260,856						279,160						274,660
Gross Profit						358,797						383,625						374,687
Operating Expenses						157,309						149,571						143,389
Industrial Operating Earnings						$	201,488					$	234,054					$	231,298
Process
Net Sales						$	504,798					$	547,146					$	495,114
Cost of products sold						238,195						255,375						250,832
Gross Profit						266,603						291,771						244,282
Operating Expenses						124,871						126,498						121,938
Process Operating Earnings						$	141,732					$	165,273					$	122,344
Reportable Segment Operating Earnings Total						$	613,364					$	684,721					$	603,475
Unallocated corporate expense						43,266						38,678						30,775
Contingent consideration						—						(8,600)						—
Impairment						—						7,800						—
Operating Earnings						570,098						646,843						572,700
Interest expense						2,828						5,191						9,897
Other (income) expense, net						(22,013)						32,850						(2,921)
Earnings Before Income Taxes						$	589,283					$	608,802					$	565,724

Segment Reporting Information - Geographic

Geographic information follows (in thousands):

			2024						2023						2022
Net Sales (based on customer location)
United States			$	1,149,044					$	1,161,607					$	1,116,012
Other countries			964,272						1,033,999						1,027,509
Total			$	2,113,316					$	2,195,606					$	2,143,521
Long-lived Assets
United States			$	635,698					$	622,430
Other countries			135,958						119,283
Total			$	771,656					$	741,713

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
-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

Reference 2: 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

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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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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