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v3.19.2

Segment Information - Summary of Segment Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 29, 2019 | Jun. 30, 2018 | Jun. 29, 2019 | Jun. 30, 2018
Summary of segment information [Abstract] |  |  |  |
Net sales | $ 666,394 | $ 662,773 | $ 1,278,175 | $ 1,302,833
Cost of goods sold | 563,948 | 563,820 | 1,075,341 | 1,109,490
Depreciation and amortization | 10,478 | 9,006 | 21,033 | 18,462
Selling, general, and administrative expense | 40,446 | 38,428 | 81,099 | 72,485
(Gain) loss on sale of assets | 0 | (409) | 0 | 3,060
Operating income | 51,522 | 51,928 | 100,702 | 99,336
Interest expense | (7,033) | (6,073) | (13,987) | (11,982)
Other income (expense), net | 462 | 586 | 290 | 1,146
Income before income taxes | 44,951 | 46,441 | 87,005 | 88,500
Operating Segments [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | 669,665 | 668,246 | 1,286,866 | 1,312,605
Operating Segments [Member] | Piping Systems [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | 425,865 | 453,183 | 802,357 | 884,147
Cost of goods sold | 364,332 | 384,821 | 689,128 | 757,716
Depreciation and amortization | 5,652 | 5,744 | 11,202 | 11,622
Selling, general, and administrative expense | 19,985 | 20,599 | 37,882 | 39,841
(Gain) loss on sale of assets |  | 0 |  | 0
Operating income | 35,896 | 42,019 | 64,145 | 74,968
Operating Segments [Member] | Industrial Metals [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | 147,719 | 175,891 | 298,594 | 353,223
Cost of goods sold | 127,950 | 154,401 | 254,649 | 303,824
Depreciation and amortization | 1,838 | 1,948 | 3,682 | 3,851
Selling, general, and administrative expense | 3,020 | 3,449 | 6,165 | 6,822
(Gain) loss on sale of assets |  | 0 |  | 0
Operating income | 14,911 | 16,093 | 34,098 | 38,726
Operating Segments [Member] | Climate [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | 96,081 | 39,172 | 185,915 | 75,235
Cost of goods sold | 74,849 | 30,688 | 141,678 | 57,974
Depreciation and amortization | 2,128 | 627 | 4,441 | 1,248
Selling, general, and administrative expense | 6,069 | 2,510 | 14,375 | 5,119
(Gain) loss on sale of assets |  | 0 |  | 0
Operating income | 13,035 | 5,347 | 25,421 | 10,894
Corporate and Eliminations [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | (3,271) | (5,473) | (8,691) | (9,772)
Cost of goods sold | (3,183) | (6,090) | (10,114) | (10,024)
Depreciation and amortization | 860 | 687 | 1,708 | 1,741
Selling, general, and administrative expense | 11,372 | 11,870 | 22,677 | 20,703
(Gain) loss on sale of assets |  | (409) |  | 3,060
Operating income | $ (12,320) | $ (11,531) | $ (22,962) | $ (25,252)

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