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v3.3.1.900

Industry Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 27, 2015 | Dec. 27, 2014 | Dec. 26, 2015 | Dec. 27, 2014 | Dec. 28, 2013
Segment Reporting Information [Line Items] |  |  |  |  |
Percentage of net consolidated sales threshold constituting a major customer |  |  | 10.00% | 10.00% | 10.00%
Long-lived assets |  | $ 245,910 | $ 280,224 | $ 245,910 | $ 244,457
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 2,100,002 | 2,364,227 | 2,158,541
Cost of goods sold |  |  | 1,809,702 | 2,043,719 | 1,862,089
Depreciation and amortization |  |  | 34,608 | 33,735 | 32,394
Selling, general, and administrative expense |  |  | 130,358 | 131,740 | 134,914
Insurance settlement |  |  | 0 | 0 | (106,332)
Gain on sale of plastic fittings manufacturing assets | $ (15,400) | (4,800) | (15,376) | (6,259) | (39,765)
Impairment charges |  |  | 0 | 0 | 4,304
Severance | $ 3,400 | 4,200 | 3,442 | 7,296 | 0
Operating income |  |  | 137,268 | 153,996 | 270,937
Interest expense |  |  | (7,667) | (5,740) | (3,990)
Other income (expense), net |  |  | 2,188 | (243) | 4,451
Income before income taxes |  |  | 131,789 | 148,013 | 271,398
Expenditures for long-lived assets |  |  | 71,012 | 41,276 | 61,642
Segment assets |  | 1,328,096 | 1,338,801 | 1,328,096 | 1,247,767
Corporate and Eliminations [Member] |  |  |  |  |
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | (9,809) | (12,388) | (14,549)
Cost of goods sold |  |  | (9,669) | (12,386) | (14,488)
Depreciation and amortization |  |  | 1,836 | 2,203 | 2,252
Selling, general, and administrative expense |  |  | 23,476 | 22,743 | 24,964
Insurance settlement |  |  |  |  | (2,437)
Gain on sale of plastic fittings manufacturing assets |  |  | 0 | 0 | 0
Impairment charges |  |  |  |  | 0
Severance |  |  | 0 | 0 |
Operating income |  |  | (25,452) | (24,948) | (24,840)
United States [Member] | Reportable Geographical Components [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Long-lived assets |  | 203,522 | 223,398 | 203,522 | 198,837
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 1,519,456 | 1,752,548 | 1,651,138
United Kingdom [Member] | Reportable Geographical Components [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Long-lived assets |  | 19,007 | 15,248 | 19,007 | 21,220
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 240,823 | 326,832 | 229,659
Canada [Member] | Reportable Geographical Components [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Long-lived assets |  | 0 | 20,460 | 0 | 0
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 97,967 | 9,807 | 13,666
Other [Member] | Reportable Geographical Components [Member] |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |
Long-lived assets |  | 23,381 | 21,118 | 23,381 | 24,400
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 241,756 | 275,040 | 264,078
Tube and Fittings [Member] |  |  |  |  |
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 1,053,761 | 1,143,164 | 972,107
Brass Rod and Forgings [Member] |  |  |  |  |
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 436,456 | 556,985 | 553,896
OEM Components, Tube & Assemblies [Member] |  |  |  |  |
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 342,651 | 345,991 | 337,772
Valves and Plumbing Specialties [Member] |  |  |  |  |
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 198,012 | 262,504 | 239,822
Other [Member] |  |  |  |  |
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 69,122 | 55,583 | 54,944
Plumbing and Refrigeration [Member] | Operating Segments [Member] |  |  |  |  |
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 1,260,273 | 1,416,701 | 1,225,306
Cost of goods sold |  |  | 1,082,493 | 1,215,282 | 1,043,059
Depreciation and amortization |  |  | 19,237 | 19,613 | 17,117
Selling, general, and administrative expense |  |  | 80,405 | 87,539 | 85,471
Insurance settlement |  |  |  |  | (103,895)
Gain on sale of plastic fittings manufacturing assets |  |  | (15,376) | (6,259) | (39,765)
Impairment charges |  |  |  |  | 4,173
Severance |  |  | 3,442 | 7,296 |
Operating income |  |  | 90,072 | 93,230 | 219,146
Expenditures for long-lived assets |  |  | 41,456 | 30,087 | 43,543
Segment assets |  | 664,784 | 709,447 | 664,784 | 625,371
OEM [Member] | Operating Segments [Member] |  |  |  |  |
Summary of segment information [Abstract] |  |  |  |  |
Net sales |  |  | 849,538 | 959,914 | 947,784
Cost of goods sold |  |  | 736,878 | 840,823 | 833,518
Depreciation and amortization |  |  | 13,535 | 11,919 | 13,025
Selling, general, and administrative expense |  |  | 26,477 | 21,458 | 24,479
Insurance settlement |  |  |  |  | 0
Gain on sale of plastic fittings manufacturing assets |  |  | 0 | 0 | 0
Impairment charges |  |  |  |  | 131
Severance |  |  | 0 | 0 |
Operating income |  |  | 72,648 | 85,714 | 76,631
Expenditures for long-lived assets |  |  | 29,420 | 10,788 | 14,845
Segment assets |  | 313,245 | 302,875 | 313,245 | 305,052
General Corporate [Member] |  |  |  |  |
Summary of segment information [Abstract] |  |  |  |  |
Expenditures for long-lived assets |  |  | 136 | 401 | 3,254
Segment assets |  | $ 350,067 | $ 326,479 | $ 350,067 | $ 317,344

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