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Pay vs Performance Disclosure - USD ($)
5 Months Ended 12 Months Ended
Jun. 09, 2021
Dec. 27, 2024
Dec. 29, 2023
Dec. 30, 2022
Dec. 31, 2021
Dec. 25, 2020
Pay vs Performance Disclosure            
Pay vs Performance Disclosure, Table  
Pay Versus Performance
Pay Versus Performance Table
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation
S-K,
the table below discloses, for the last five fiscal years: (i) the total compensation paid (as reported in the Summary Compensation Table (“SCT”)) and the compensation actually paid (“CAP”) to the individuals who served as the Company’s CEO; (ii) the average of the total compensation paid (as reported in the SCT) and the average CAP to the individuals who served as
non-CEO
NEOs; (iii) the cumulative total shareholder return of the Company and peer group cumulative total shareholder return; (iv) net income; and (v) net sales.
 
Year
 
Summary
Compensation
Table Total
for Current
CEO
(1)
($)
   
Compensation
Actually Paid
to Current
CEO
(1)(4)
($)
   
Summary
Compensation
Table Total
for Former
CEO
(2)
($)
   
Compensation
Actually Paid
to Former
CEO
(2)
($)
   
Average
Summary
Compensation
Table Total
for
Non-CEO

NEOs
(3)
($)
   
Average
Compensation
Actually Paid
to
Non-CEO

NEOs
(3)(4)
($)
   
Value of Initial Fixed $100
Investment
(5)
Based On:
   
Net
Income (in
thousands)
($)
   
Net
Sales
(7)
(in
thousands)
($)
 
 
Total
Shareholder
Return
($)
    
Peer Group
Total
Shareholder
Return
(6)
($)
 
2024     8,361,979       4,763,001                   1,216,886       1,247,444       171        177       486,084       2,133,316  
2023     9,236,066       10,871,942                   1,948,817       2,226,741       175        160       506,511       2,195,606  
2022     6,417,072       6,011,113                   1,324,147       1,237,294       134        126       460,645       2,143,521  
2021     5,422,139       5,758,222       1,686,160       2,042,742       1,901,127       1,896,267       158        144       439,866       1,987,608  
2020                 8,992,789       8,345,564       1,576,933       1,674,459       141        116       330,456       1,650,115  
 
(1)
Mark W. Sheahan became President and Chief Executive Officer effective June 10, 2021.
 
(2)
Patrick J. McHale served as President and Chief Executive Officer from June 2007 through June 9, 2021.
 
(3)
The
non-CEO
NEOs were as follows: David M. Lowe, Dale D. Johnson, Peter O’Shea and Ronita Banerjee (2024); David M. Lowe, Dale D. Johnson, Christian E. Rothe and Caroline M. Chambers (2023); David M. Lowe, Dale D. Johnson, Christian E. Rothe and Jeffrey P. Johnson (2022 and 2021); and Mark W. Sheahan, Dale D. Johnson, Christian E. Rothe and Jeffrey P. Johnson (2020).
 
(4)
The table below sets forth the amounts deducted from and added to SCT total compensation to calculate CAP to Mr. Sheahan and average CAP to the
non-CEO
NEOs for 2024.
 
Adjustments
  
  Current  
CEO
($)
 
  Average of  
Non-CEO
NEOs
($)
Total Compensation from SCT        8,361,979       1,216,886
Adjustments for defined benefit and actuarial pension plans:
    
 
 
 
   
 
 
 
Subtract aggregate change in the actuarial present value of accumulated benefits under all defined benefit and pension plans reported in the SCT        1,687,000       31,278
Add service cost        239,000       26,750
Add prior service cost        0       0
Adjustments for stock and option awards:
    
 
 
 
   
 
 
 
Subtract SCT amounts of stock and option awards        5,499,794       612,360
Add fair value at 2024 fiscal
year-end
of awards granted during fiscal year 2024 that are outstanding and unvested at
year-end
       4,807,728       535,303
+/- The difference between fair value of awards from the end of fiscal year 2023 to the end of fiscal year 2024 for awards granted in any prior fiscal year that are outstanding and unvested at
year-end
       (1,461,283 )       101,064
Add the fair value as of the vesting date for awards granted and vesting during fiscal year 2024        0       0
+/- The change in fair value from the end of fiscal year 2023 to the vesting date for awards granted in any prior fiscal year for which all applicable vesting conditions were satisfied during fiscal year 2024        2,370       11,079
Subtract fair value at end of fiscal year 2023 for awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during fiscal year 2024        0       0
Add dividends or other earnings paid on stock or option awards in 2023 prior to vesting if not otherwise included in total compensation for fiscal year 2024        0       0
Compensation Actually Paid (as calculated)
       4,763,001       1,247,444
 
(5)
Total shareholder return is calculated based on a fixed investment of one hundred dollars measured from the market close on the last trading day of fiscal 2019 through and including the end of each fiscal year reported in the table.
 
(6)
The peer group used in this Pay Versus Performance table is the Dow Jones U.S. Industrial Machinery Index, which is the same peer group the Company uses for purposes of the stock performance graph in our Annual Report on Form
10-K.
 
(7)
Our Company-selected measure, which is the measure we believe represents the most important financial performance not otherwise presented in the table above that we use to link CAP to our NEOs for fiscal 2024 to our Company’s performance, is Net Sales, as reported in our Annual Report on Form
10-K.
       
Company Selected Measure Name   Net Sales        
Named Executive Officers, Footnote  
(3)
The
non-CEO
NEOs were as follows: David M. Lowe, Dale D. Johnson, Peter O’Shea and Ronita Banerjee (2024); David M. Lowe, Dale D. Johnson, Christian E. Rothe and Caroline M. Chambers (2023); David M. Lowe, Dale D. Johnson, Christian E. Rothe and Jeffrey P. Johnson (2022 and 2021); and Mark W. Sheahan, Dale D. Johnson, Christian E. Rothe and Jeffrey P. Johnson (2020).
       
Peer Group Issuers, Footnote  
(6)
The peer group used in this Pay Versus Performance table is the Dow Jones U.S. Industrial Machinery Index, which is the same peer group the Company uses for purposes of the stock performance graph in our Annual Report on Form
10-K.
       
PEO Total Compensation Amount   $ 8,361,979        
PEO Actually Paid Compensation Amount   $ 4,763,001        
Adjustment To PEO Compensation, Footnote  
(4)
The table below sets forth the amounts deducted from and added to SCT total compensation to calculate CAP to Mr. Sheahan and average CAP to the
non-CEO
NEOs for 2024.
 
Adjustments
  
  Current  
CEO
($)
 
  Average of  
Non-CEO
NEOs
($)
Total Compensation from SCT        8,361,979       1,216,886
Adjustments for defined benefit and actuarial pension plans:
    
 
 
 
   
 
 
 
Subtract aggregate change in the actuarial present value of accumulated benefits under all defined benefit and pension plans reported in the SCT        1,687,000       31,278
Add service cost        239,000       26,750
Add prior service cost        0       0
Adjustments for stock and option awards:
    
 
 
 
   
 
 
 
Subtract SCT amounts of stock and option awards        5,499,794       612,360
Add fair value at 2024 fiscal
year-end
of awards granted during fiscal year 2024 that are outstanding and unvested at
year-end
       4,807,728       535,303
+/- The difference between fair value of awards from the end of fiscal year 2023 to the end of fiscal year 2024 for awards granted in any prior fiscal year that are outstanding and unvested at
year-end
       (1,461,283 )       101,064
Add the fair value as of the vesting date for awards granted and vesting during fiscal year 2024        0       0
+/- The change in fair value from the end of fiscal year 2023 to the vesting date for awards granted in any prior fiscal year for which all applicable vesting conditions were satisfied during fiscal year 2024        2,370       11,079
Subtract fair value at end of fiscal year 2023 for awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during fiscal year 2024        0       0
Add dividends or other earnings paid on stock or option awards in 2023 prior to vesting if not otherwise included in total compensation for fiscal year 2024        0       0
Compensation Actually Paid (as calculated)
       4,763,001       1,247,444
       
Non-PEO NEO Average Total Compensation Amount   $ 1,216,886 $ 1,948,817 $ 1,324,147 $ 1,901,127 $ 1,576,933
Non-PEO NEO Average Compensation Actually Paid Amount   $ 1,247,444 2,226,741 1,237,294 1,896,267 1,674,459
Adjustment to Non-PEO NEO Compensation Footnote  
(4)
The table below sets forth the amounts deducted from and added to SCT total compensation to calculate CAP to Mr. Sheahan and average CAP to the
non-CEO
NEOs for 2024.
 
Adjustments
  
  Current  
CEO
($)
 
  Average of  
Non-CEO
NEOs
($)
Total Compensation from SCT        8,361,979       1,216,886
Adjustments for defined benefit and actuarial pension plans:
    
 
 
 
   
 
 
 
Subtract aggregate change in the actuarial present value of accumulated benefits under all defined benefit and pension plans reported in the SCT        1,687,000       31,278
Add service cost        239,000       26,750
Add prior service cost        0       0
Adjustments for stock and option awards:
    
 
 
 
   
 
 
 
Subtract SCT amounts of stock and option awards        5,499,794       612,360
Add fair value at 2024 fiscal
year-end
of awards granted during fiscal year 2024 that are outstanding and unvested at
year-end
       4,807,728       535,303
+/- The difference between fair value of awards from the end of fiscal year 2023 to the end of fiscal year 2024 for awards granted in any prior fiscal year that are outstanding and unvested at
year-end
       (1,461,283 )       101,064
Add the fair value as of the vesting date for awards granted and vesting during fiscal year 2024        0       0
+/- The change in fair value from the end of fiscal year 2023 to the vesting date for awards granted in any prior fiscal year for which all applicable vesting conditions were satisfied during fiscal year 2024        2,370       11,079
Subtract fair value at end of fiscal year 2023 for awards granted in any prior fiscal year that fail to meet the applicable vesting conditions during fiscal year 2024        0       0
Add dividends or other earnings paid on stock or option awards in 2023 prior to vesting if not otherwise included in total compensation for fiscal year 2024        0       0
Compensation Actually Paid (as calculated)
       4,763,001       1,247,444
       
Compensation Actually Paid vs. Total Shareholder Return   LOGO        
Compensation Actually Paid vs. Net Income   LOGO        
Compensation Actually Paid vs. Company Selected Measure   LOGO        
Total Shareholder Return Vs Peer Group   LOGO LOGO        
Tabular List, Table  
Most Important Financial Measures
The table below lists the most important financial performance measures used by the Company to link CAP to the Company’s NEOs to Company performance.
 
Most Important Financial Performance Measures
Net Sales
Incentive Earnings Per Share
Divisional Net Sales
Divisional Incentive EPS
Regional Net Sales
Regional Incentive EPS
       
Total Shareholder Return Amount   $ 171 175 134 158 141
Peer Group Total Shareholder Return Amount   177 160 126 144 116
Net Income (Loss)   $ 486,084,000 $ 506,511,000 $ 460,645,000 $ 439,866,000 $ 330,456,000
Company Selected Measure Amount   2,133,316,000 2,195,606,000 2,143,521,000 1,987,608,000 1,650,115,000
Measure:: 1            
Pay vs Performance Disclosure            
Name   Net Sales        
Measure:: 2            
Pay vs Performance Disclosure            
Name   Incentive Earnings Per Share        
Measure:: 3            
Pay vs Performance Disclosure            
Name   Divisional Net Sales        
Measure:: 4            
Pay vs Performance Disclosure            
Name   Divisional Incentive EPS        
Measure:: 5            
Pay vs Performance Disclosure            
Name   Regional Net Sales        
Measure:: 6            
Pay vs Performance Disclosure            
Name   Regional Incentive EPS        
Mark W. Sheahan [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount   $ 8,361,979 $ 9,236,066 $ 6,417,072 $ 5,422,139 $ 0
PEO Actually Paid Compensation Amount   $ 4,763,001 $ 10,871,942 $ 6,011,113 $ 5,758,222 0
PEO Name   Mark W. Sheahan Mark W. Sheahan Mark W. Sheahan Mark W. Sheahan  
Patrick J. McHale [Member]            
Pay vs Performance Disclosure            
PEO Total Compensation Amount   $ 0 $ 0 $ 0 $ 1,686,160 8,992,789
PEO Actually Paid Compensation Amount   0 $ 0 $ 0 $ 2,042,742 $ 8,345,564
PEO Name Patrick J. McHale         Patrick J. McHale
PEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (1,687,000)        
PEO | Pension Adjustments Service Cost            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   239,000        
PEO | Pension Adjustments Prior Service Cost            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   4,807,728        
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (1,461,283)        
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   2,370        
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
PEO | SCT amounts of stock and option awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (5,499,794)        
Non-PEO NEO | Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   (31,278)        
Non-PEO NEO | Pension Adjustments Service Cost            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   26,750        
Non-PEO NEO | Pension Adjustments Prior Service Cost            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   535,303        
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   101,064        
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   11,079        
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   0        
Non-PEO NEO | SCT amounts of stock and option awards [Member]            
Pay vs Performance Disclosure            
Adjustment to Compensation, Amount   $ (612,360)