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INFORMATION ON REPORTABLE SEGMENTS (Tables) | 3 Months Ended
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Mar. 29, 2025
Segment Reporting [Abstract] |
Schedule of Financial Data for Reportable Segments and Other Operating Segments | Financial data for our reportable segments for the three months ended March 29, 2025 and March 30, 2024 are presented below:
| Three months ended |  |
| March 29, 2025 |  | March 30, 2024 |  |  |  |
HVAC reportable segment |  |  |  |  |  |  |
Revenues | $ | 323.0 |  |  | $ | 302.4 |  |  |  |  |
Cost of product sold | 199.6 |  |  | 185.0 |  |  |  |  |
Selling, general and administrative expense | 49.5 |  |  | 49.0 |  |  |  |  |
Segment income | $ | 73.9 |  |  | $ | 68.4 |  |  |  |  |
Detection and Measurement reportable segment |  |  |  |  |  |  |
Revenues | $ | 159.6 |  |  | $ | 162.8 |  |  |  |  |
Cost of product sold | 86.8 |  |  | 96.4 |  |  |  |  |
Selling, general and administrative expense | 36.2 |  |  | 35.0 |  |  |  |  |
Segment income | $ | 36.6 |  |  | $ | 31.4 |  |  |  |  |
Consolidated revenues | $ | 482.6 |  |  | $ | 465.2 |  |  |  |  |
Consolidated income for segments | 110.5 |  |  | 99.8 |  |  |  |  |
Corporate expense | 14.0 |  |  | 13.9 |  |  |  |  |
Acquisition-related and other costs (1) | 6.4 |  |  | 2.6 |  |  |  |  |
Long-term incentive compensation expense | 3.7 |  |  | 3.3 |  |  |  |  |
Amortization of acquired intangible assets | 19.7 |  |  | 14.8 |  |  |  |  |
Special charges, net | 0.1 |  |  | 0.6 |  |  |  |  |
Consolidated operating income | $ | 66.6 |  |  | $ | 64.6 |  |  |  |  |
Capital expenditures: |  |  |  |  |  |  |
HVAC reportable segment | $ | 4.7 |  |  | $ | 8.7 |  |  |  |  |
Detection and Measurement reportable segment | 0.8 |  |  | 1.0 |  |  |  |  |
General corporate | — |  |  | 0.2 |  |  |  |  |
Total capital expenditures | $ | 5.5 |  |  | $ | 9.9 |  |  |  |  |
Depreciation and amortization: |  |  |  |  |  |  |
HVAC reportable segment | $ | 16.9 |  |  | $ | 14.5 |  |  |  |  |
Detection and Measurement reportable segment | 9.5 |  |  | 5.9 |  |  |  |  |
General corporate | 0.6 |  |  | 0.6 |  |  |  |  |
Total depreciation and amortization | $ | 27.0 |  |  | $ | 21.0 |  |  |  |  |
Geographic Areas: |  |  |  |  |  |  |
Revenues: (2) |  |  |  |  |  |  |
United States | $ | 403.0 |  |  | $ | 392.9 |  |  |  |  |
Canada | 30.2 |  |  | 22.2 |  |  |  |  |
China | 13.0 |  |  | 12.9 |  |  |  |  |
United Kingdom | 17.4 |  |  | 18.8 |  |  |  |  |
Other | 19.0 |  |  | 18.4 |  |  |  |  |
| $ | 482.6 |  |  | $ | 465.2 |  |  |  |  |
| March 29, 2025 |  | December 31, 2024 |  |  |  |
Tangible Long-Lived Assets: |  |  |  |  |  |  |
United States | $ | 308.6 |  |  | $ | 275.5 |  |  |  |  |
Canada | 82.1 |  |  | 83.3 |  |  |  |  |
Other | 28.0 |  |  | 25.7 |  |  |  |  |
Long-lived assets of continuing operations | 418.7 |  |  | 384.5 |  |  |  |  |
Long-lived assets of discontinued operations, DBT and Heat Transfer | — |  |  | — |  |  |  |  |
Total tangible long-lived assets | $ | 418.7 |  |  | $ | 384.5 |  |  |  |  |
______________________________ (1)Represents integration costs incurred in connection with acquisitions of $6.4 and $2.6 during the three months ended March 29, 2025 and March 30, 2024, respectively, including additional “Cost of products sold” related to the step-up of inventory (to fair value) acquired in connection with the KTS acquisition of $0.3 during the three months ended March 29, 2025 and the Ingénia acquisition of $0.9 during the three months ended March 30, 2024. (2)Revenues are included in the above geographic areas based on the country that recorded the revenue.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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