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Segment Information
 6 Months Ended
Jun. 27, 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 reportable 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 EndedSix Months Ended
 June 27,
2025		June 28,
2024		June 27,
2025		June 28,
2024
Contractor
Net Sales$288,959 $269,638 $543,991 $499,680 
Cost of products sold149,539 128,261 281,422 238,832 
Gross Profit139,420 141,377 262,569 260,848 
Operating expenses63,931 57,015 125,150 110,345 
Contractor Operating Earnings$75,489 $84,362 $137,419 $150,503 
Industrial
Net Sales$242,277 $241,878 $473,930 $466,738 
Cost of products sold101,051 101,882 197,875 196,601 
Gross Profit141,226 139,996 276,055 270,137 
Operating expenses58,854 58,432 114,088 115,484 
Industrial Operating Earnings$82,372 $81,564 $161,967 $154,653 
Expansion Markets
Net Sales$40,570 $41,727 $82,169 $79,014 
Cost of products sold19,566 20,708 39,729 39,199 
Gross Profit21,004 21,019 42,440 39,815 
Operating expenses12,175 12,584 23,546 24,628 
Expansion Markets Operating Earnings$8,829 $8,435 $18,894 $15,187 
Reportable Segment Operating Earnings Total$166,690 $174,361 $318,280 $320,343 
Unallocated corporate expense9,206 13,002 16,783 25,988 
Operating Earnings157,484 161,359 301,497 294,355 
Interest expense655 634 1,368 1,378 
Other income, net(1,379)(4,453)(9,553)(12,531)
Earnings Before Income Taxes$158,208 $165,178 $309,682 $305,508 

Geographic information follows (in thousands):
 Three Months EndedSix Months Ended
 June 27,
2025		June 28,
2024		June 27,
2025		June 28,
2024
Net Sales (based on customer location)
United States
$305,027 $315,095 $587,584 $582,927 
Other countries
266,779 238,148 512,506 462,505 
Total
$571,806 $553,243 $1,100,090 $1,045,432 

 June 27,
2025		December 27,
2024
Long-lived Assets
United States
$615,998 $635,698 
Other countries
146,962 135,958 
Total
$762,960 $771,656