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

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