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Segment Information
 3 Months Ended
Mar. 28, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
Effective January 1, 2025, the Company has classified its business into three reportable segments: Contractor, Industrial and Expansion Markets. The Industrial segment consists of the newly formed Industrial Division and the Powder Division. The Company’s former Industrial and Lubrication Equipment Divisions, along with the Process Transfer Equipment business that was part of the Company’s former Process Division, were combined to form the new global Industrial Division. The Powder Division remains unchanged. The Expansion Markets segment consists of the Expansion Markets Division. The Company’s environmental, semiconductor, high-pressure valves and electric motors businesses, together with select future ventures and acquisitions, reside within this division. The Contractor segment, consisting of the Contractor Division, remains unchanged as a reporting segment relative to prior periods. Prior year segment information has been recast to conform to the current organizational structure.

Segment information follows (in thousands): 
 Three Months Ended
 March 28,
2025		March 29,
2024
Contractor
Net Sales$255,032 $230,042 
Cost of products sold131,883 110,571 
Gross Profit123,149 119,471 
Operating expenses61,219 53,330 
Contractor Operating Earnings$61,930 $66,141 
Industrial
Net Sales$231,653 $224,860 
Cost of products sold96,824 94,719 
Gross Profit134,829 130,141 
Operating expenses55,234 57,052 
Industrial Operating Earnings$79,595 $73,089 
Expansion Markets
Net Sales$41,599 $37,287 
Cost of products sold20,163 18,491 
Gross Profit21,436 18,796 
Operating expenses11,371 12,044 
Expansion Markets Operating Earnings$10,065 $6,752 
Reportable Segment Operating Earnings Total$151,590 $145,982 
Unallocated corporate expense7,577 12,986 
Operating Earnings144,013 132,996 
Interest expense713 744 
Other (income) expense, net(8,174)(8,078)
Earnings Before Income Taxes$151,474 $140,330 

Geographic information follows (in thousands):
 Three Months Ended
 March 28,
2025		March 29,
2024
Net Sales (based on customer location)
United States
$282,557 $267,832 
Other countries
245,727 224,357 
Total
$528,284 $492,189 

 March 28,
2025		December 27,
2024
Long-lived Assets
United States
$627,799 $635,698 
Other countries
137,498 135,958 
Total
$765,297 $771,656