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BUSINESS SEGMENTS & RELATED REVENUE INFORMATION (Tables) | 3 Months Ended
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Mar. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information of Sales and Operating Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Thirteen weeks ended
​ | ​ | March 30, |  | April 1,
​ | ​ | 2024 | ​ | 2023
SALES: | ​ | ​ | ​ | ​ | ​ | ​
Infrastructure | ​ | $ | 723,614 | ​ | $ | 736,106
Agriculture | ​ |  | 258,735 | ​ |  | 332,163
Total sales | ​ |  | 982,349 | ​ |  | 1,068,269
INTERSEGMENT SALES: | ​ |  |  | ​ |  | ​
Infrastructure | ​ |  | (2,881) | ​ |  | (3,966)
Agriculture | ​ |  | (1,640) | ​ |  | (1,822)
Total intersegment sales | ​ |  | (4,521) | ​ |  | (5,788)
NET SALES: | ​ |  |  | ​ |  |
Infrastructure | ​ |  | 720,733 | ​ |  | 732,140
Agriculture | ​ |  | 257,095 | ​ |  | 330,341
Total net sales | ​ | $ | 977,828 | ​ | $ | 1,062,481
​ | ​ | ​ | ​ | ​ | ​ | ​
OPERATING INCOME (LOSS): | ​ |  |  | ​ |  |
Infrastructure | ​ | $ | 117,864 | ​ | $ | 94,352
Agriculture | ​ |  | 40,973 | ​ |  | 53,323
Corporate | ​ |  | (27,284) | ​ |  | (29,209)
Total operating income | ​ | $ | 131,553 | ​ | $ | 118,466
Schedule of breakdown by segment of revenue recognized | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Thirteen weeks ended March 30, 2024
​ | ​ | Infrastructure |  | Agriculture | ​ | Intersegment |  | Consolidated
Geographical market: | ​ | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ |
North America | ​ | $ | 568,572 | ​ | $ | 159,915 | ​ | $ | (4,466) | ​ | $ | 724,021
International | ​ |  | 155,042 | ​ |  | 98,820 | ​ |  | (55) | ​ |  | 253,807
Total sales | ​ | $ | 723,614 | ​ | $ | 258,735 | ​ | $ | (4,521) | ​ | $ | 977,828
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Product line: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Transmission, Distribution, and Substation | ​ | $ | 325,256 | ​ | $ | — | ​ | $ | — | ​ | $ | 325,256
Lighting and Transportation | ​ |  | 222,096 | ​ |  | — | ​ |  | — | ​ |  | 222,096
Coatings | ​ |  | 87,090 | ​ |  | — | ​ |  | (2,826) | ​ |  | 84,264
Telecommunications | ​ |  | 53,961 | ​ |  | — | ​ |  | — | ​ |  | 53,961
Solar | ​ |  | 35,211 | ​ |  | — | ​ |  | (55) | ​ |  | 35,156
Irrigation Equipment and Parts | ​ |  | — | ​ |  | 233,120 | ​ |  | (1,640) | ​ |  | 231,480
Technology Products and Services | ​ |  | — | ​ |  | 25,615 | ​ |  | — | ​ |  | 25,615
Total sales | ​ | $ | 723,614 | ​ | $ | 258,735 | ​ | $ | (4,521) | ​ | $ | 977,828
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Thirteen weeks ended April 1, 2023
​ | ​ | Infrastructure |  | Agriculture |  | Intersegment |  | Consolidated
Geographical market: | ​ | ​ |  |  | ​ |  |  | ​ |  |  | ​ |
North America | ​ | $ | 584,083 | ​ | $ | 182,869 | ​ | $ | (5,374) | ​ | $ | 761,578
International | ​ |  | 152,023 | ​ |  | 149,294 | ​ |  | (414) | ​ |  | 300,903
Total sales | ​ | $ | 736,106 | ​ | $ | 332,163 | ​ | $ | (5,788) | ​ | $ | 1,062,481
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Product line: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Transmission, Distribution, and Substation | ​ | $ | 314,820 | ​ | $ | — | ​ | $ | — | ​ | $ | 314,820
Lighting and Transportation | ​ |  | 229,136 | ​ |  | — | ​ |  | — | ​ |  | 229,136
Coatings | ​ |  | 90,114 | ​ |  | — | ​ |  | (3,552) | ​ |  | 86,562
Telecommunications | ​ |  | 68,137 | ​ |  | — | ​ |  | — | ​ |  | 68,137
Solar | ​ |  | 33,899 | ​ |  | — | ​ |  | (414) | ​ |  | 33,485
Irrigation Equipment and Parts | ​ |  | — | ​ |  | 299,181 | ​ |  | (1,822) | ​ |  | 297,359
Technology Products and Services | ​ |  | — | ​ |  | 32,982 | ​ |  | — | ​ |  | 32,982
Total sales | ​ | $ | 736,106 | ​ | $ | 332,163 | ​ | $ | (5,788) | ​ | $ | 1,062,481
Breakdown by segment of revenue recognized over time and at a point in time | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Thirteen weeks ended March 30, 2024
​ |  | Point in Time | ​ | Over Time | ​ | Total
Infrastructure | ​ | $ | 389,935 | ​ | $ | 330,798 | ​ | $ | 720,733
Agriculture | ​ |  | 250,760 | ​ | ​ | 6,335 | ​ |  | 257,095
Total net sales | ​ | $ | 640,695 | ​ | $ | 337,133 | ​ | $ | 977,828
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Thirteen weeks ended April 1, 2023
​ | ​ | Point in Time |  | Over Time |  | Total
Infrastructure | ​ | $ | 411,217 | ​ | $ | 320,923 | ​ | $ | 732,140
Agriculture | ​ |  | 324,206 | ​ | ​ | 6,135 | ​ |  | 330,341
Total net sales | ​ | $ | 735,423 | ​ | $ | 327,058 | ​ | $ | 1,062,481
​

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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 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: 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 3: 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 4: 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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