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Segment Information
 9 Months Ended
Sep. 26, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
Effective January 1, 2025, the Company began to classify 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 EndedNine Months Ended
 September 26,
2025		September 27,
2024		September 26,
2025		September 27,
2024
Contractor
Net Sales$262,428 $242,295 $806,419 $741,975 
Cost of products sold134,398 117,932 415,820 356,764 
Gross Profit128,030 124,363 390,599 385,211 
Operating expenses60,157 53,310 185,307 163,656 
Contractor Operating Earnings$67,873 $71,053 $205,292 $221,555 
Industrial
Net Sales$238,591 $235,875 $712,521 $702,613 
Cost of products sold98,121 101,797 295,996 298,398 
Gross Profit140,470 134,078 416,525 404,215 
Operating expenses59,737 56,540 173,825 172,023 
Industrial Operating Earnings$80,733 $77,538 $242,700 $232,192 
Expansion Markets
Net Sales$42,339 $41,042 $124,508 $120,056 
Cost of products sold20,139 21,821 59,868 61,021 
Gross Profit22,200 19,221 64,640 59,035 
Operating expenses11,811 11,946 35,357 36,574 
Expansion Markets Operating Earnings$10,389 $7,275 $29,283 $22,461 
Reportable Segment Operating Earnings Total$158,995 $155,866 $477,275 $476,208 
Unallocated corporate expense8,335 10,143 25,118 36,128 
Contingent consideration(14,061)— (14,061)— 
Operating Earnings164,721 145,723 466,218 440,080 
Interest expense711 656 2,079 2,034 
Other income, net(4,450)(6,225)(14,003)(18,756)
Earnings Before Income Taxes$168,460 $151,292 $478,142 $456,802 

Geographic information follows (in thousands):
 Three Months EndedNine Months Ended
 September 26,
2025		September 27,
2024		September 26,
2025		September 27,
2024
Net Sales (based on customer location)
United States
$293,517 $289,553 $881,101 $872,480 
Other countries
249,841 229,659 762,347 692,164 
Total
$543,358 $519,212 $1,643,448 $1,564,644 

 September 26,
2025		December 27,
2024
Long-lived Assets
United States
$607,876 $635,698 
Other countries
154,623 135,958 
Total
$762,499 $771,656