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v3.20.2

Segment Information - Summary of Segment Information (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 27, 2020 | Jun. 29, 2019 | Jun. 27, 2020 | Jun. 29, 2019
Summary of segment information [Abstract] |  |  |  |
Net sales | $ 500,168 | $ 666,394 | $ 1,103,087 | $ 1,278,175
Cost of goods sold | 403,159 | 563,948 | 911,874 | 1,075,341
Depreciation and amortization | 11,097 | 10,478 | 22,136 | 21,033
Selling, general, and administrative expense | 33,616 | 40,446 | 76,368 | 81,099
Asset impairments | 0 | 0 | 3,035 | 0
Litigation settlement, net | 0 | 0 | (21,933) | 0
Operating income | 52,296 | 51,522 | 111,607 | 100,702
Interest expense | (4,973) | (7,033) | (10,352) | (13,987)
Other income (expense), net | 2,834 | 462 | 3,112 | 290
Income before income taxes | 50,157 | 44,951 | 104,367 | 87,005
Operating Segments [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | 508,766 | 669,665 | 1,118,253 | 1,286,866
Operating Segments [Member] | Piping Systems [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | 334,040 | 425,865 | 719,053 | 802,357
Cost of goods sold | 272,271 | 364,332 | 591,435 | 689,128
Depreciation and amortization | 5,456 | 5,652 | 11,155 | 11,202
Selling, general, and administrative expense | 15,239 | 19,985 | 35,678 | 37,882
Asset impairments |  |  | 3,035 |
Litigation settlement, net |  |  | 0 |
Operating income | 41,074 | 35,896 | 77,750 | 64,145
Operating Segments [Member] | Industrial Metals [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | 88,619 | 147,719 | 219,821 | 298,594
Cost of goods sold | 75,274 | 127,950 | 190,071 | 254,649
Depreciation and amortization | 1,995 | 1,838 | 3,997 | 3,682
Selling, general, and administrative expense | 2,477 | 3,020 | 5,698 | 6,165
Asset impairments |  |  | 0 |
Litigation settlement, net |  |  | 0 |
Operating income | 8,873 | 14,911 | 20,055 | 34,098
Operating Segments [Member] | Climate [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | 86,107 | 96,081 | 179,379 | 185,915
Cost of goods sold | 64,540 | 74,849 | 135,633 | 141,678
Depreciation and amortization | 2,757 | 2,128 | 5,223 | 4,441
Selling, general, and administrative expense | 6,457 | 6,069 | 13,156 | 14,375
Asset impairments |  |  | 0 |
Litigation settlement, net |  |  | 0 |
Operating income | 12,353 | 13,035 | 25,367 | 25,421
Corporate and Eliminations [Member] |  |  |  |
Summary of segment information [Abstract] |  |  |  |
Net sales | (8,598) | (3,271) | (15,166) | (8,691)
Cost of goods sold | (8,926) | (3,183) | (5,265) | (10,114)
Depreciation and amortization | 889 | 860 | 1,761 | 1,708
Selling, general, and administrative expense | 9,443 | 11,372 | 21,836 | 22,677
Asset impairments |  |  | 0 |
Litigation settlement, net |  |  | (21,933) |
Operating income | $ (10,004) | $ (12,320) | $ (11,565) | $ (22,962)

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