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Industry Segments (Tables) | 6 Months Ended
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Jun. 28, 2014
Industry Segments [Abstract] |
Summary of segment information |
|  | For the Quarter Ended June 28, 2014 |
(In thousands) |  | Plumbing & Refrigeration Segment |  |  | OEM Segment |  |  | Corporate and Eliminations |  |  | Total |
Net sales |  | $ | 397,190 |  |  | $ | 255,409 |  |  | $ | (2,908 | ) |  | $ | 649,691 |
Cost of goods sold |  |  | 336,256 |  |  |  | 224,392 |  |  |  | (2,873 | ) |  |  | 557,775 |
Depreciation and amortization |  |  | 5,096 |  |  |  | 2,892 |  |  |  | 604 |  |  |  | 8,592 |
Selling, general, and administrative expense |  |  | 23,508 |  |  |  | 4,909 |  |  |  | 6,703 |  |  |  | 35,120 |
Operating income |  |  | 32,330 |  |  |  | 23,216 |  |  |  | (7,342 | ) |  |  | 48,204 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,457 | )
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 127 |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 46,874 |
|  | For the Quarter Ended June 29, 2013 |
(In thousands) |  | Plumbing & Refrigeration Segment |  |  | OEM Segment |  |  | Corporate and Eliminations |  |  | Total |
Net sales |  | $ | 328,673 |  |  | $ | 257,044 |  |  | $ | (3,435 | ) |  | $ | 582,282 |
Cost of goods sold |  |  | 277,933 |  |  |  | 226,596 |  |  |  | (3,404 | ) |  |  | 501,125 |
Depreciation and amortization |  |  | 4,443 |  |  |  | 3,342 |  |  |  | 543 |  |  |  | 8,328 |
Selling, general, and administrative expense |  |  | 20,382 |  |  |  | 6,167 |  |  |  | 8,265 |  |  |  | 34,814 |
Insurance settlement |  |  | (103,895 | ) |  |  | — |  |  |  | (2,437 | ) |  |  | (106,332 | )
Operating income |  |  | 129,810 |  |  |  | 20,939 |  |  |  | (6,402 | ) |  |  | 144,347 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,101 | )
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 319 |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 143,565 |
|  | For the Six Months Ended June 28, 2014 |
(In thousands) |  | Plumbing & Refrigeration Segment |  |  | OEM Segment |  |  | Corporate and Eliminations |  |  | Total |
Net sales |  | $ | 735,217 |  |  | $ | 495,439 |  |  | $ | (6,591 | ) |  | $ | 1,224,065 |
Cost of goods sold |  |  | 625,281 |  |  |  | 434,795 |  |  |  | (6,524 | ) |  |  | 1,053,552 |
Depreciation and amortization |  |  | 9,516 |  |  |  | 5,975 |  |  |  | 1,208 |  |  |  | 16,699 |
Selling, general, and administrative expense |  |  | 44,205 |  |  |  | 10,167 |  |  |  | 12,931 |  |  |  | 67,303 |
Operating income |  |  | 56,215 |  |  |  | 44,502 |  |  |  | (14,206 | ) |  |  | 86,511 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (2,483 | )
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 215 |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 84,243 |
|  | For the Six Months Ended June 29, 2013 |
(In thousands) |  | Plumbing & Refrigeration Segment |  |  | OEM Segment |  |  | Corporate and Eliminations |  |  | Total |
Net sales |  | $ | 640,487 |  |  | $ | 510,831 |  |  | $ | (9,346 | ) |  | $ | 1,141,972 |
Cost of goods sold |  |  | 542,747 |  |  |  | 450,476 |  |  |  | (9,248 | ) |  |  | 983,975 |
Depreciation and amortization |  |  | 8,689 |  |  |  | 6,704 |  |  |  | 1,089 |  |  |  | 16,482 |
Selling, general, and administrative expense |  |  | 40,509 |  |  |  | 12,389 |  |  |  | 13,259 |  |  |  | 66,157 |
Insurance settlement |  |  | (103,895 | ) |  |  | — |  |  |  | (2,437 | ) |  |  | (106,332 | )
Operating income |  |  | 152,437 |  |  |  | 41,262 |  |  |  | (12,009 | ) |  |  | 181,690 |
Interest expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,697 | )
Other income, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,482 |
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 183,475 |

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