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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2018
Revenue Recognition [Abstract] |
Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block] | The cumulative effect of the changes made to our December 30, 2017 Condensed Consolidated Balance Sheet for the adoption of ASC 606 using the modified retrospective method to contracts that were not completed as of December 30, 2017 were as follows (in thousands):
| Balance at December 30, 2017 (as reported) |  | Adjustments due to ASC 606 |  | Balance at December 30, 2017 (as adjusted)
Balance Sheet |  |  |  |  |
Assets |  |  |  |  |
Accounts receivable | $ | 328,421 |  |  | $ | (122 | ) |  | $ | 328,299 |
Inventories, net | 424,639 |  |  | 14,993 |  |  | 439,632 |
Prepaid expenses and other | 55,427 |  |  | (4,018 | ) |  | 51,409 |
Long-term deferred tax assets | 44,565 |  |  | 1,319 |  |  | 45,884 |
Liabilities & Stockholders' Equity |  |  |  |  |
Accrued expenses | 322,171 |  |  | 16,557 |  |  | 338,728 |
Retained earnings | 1,697,618 |  |  | $ | (4,405 | ) |  | 1,693,213 |
Effect of Adopting ASC 606 [Table Text Block] | In accordance with the requirements of ASC 606, the adoption of ASC 606 had no impact on cash provided by operating activities within the company's Condensed Consolidated Statement of Cash Flows. The impact of adoption on our Condensed Consolidated Statement of Comprehensive Income and Condensed Consolidated Balance Sheet are as follows (in thousands)
| Three Months Ended June 30, 2018
| As Reported |  | Balances without ASC 606 |  | Effect of Change
Net sales | $ | 668,128 |  |  | $ | 667,697 |  |  | $ | 431 |
Cost of sales | 417,369 |  |  | 417,452 |  |  | (83 | )
Provision for income taxes | 26,576 |  |  | 26,482 |  |  | 94 |
Net earnings | $ | 83,988 |  |  | $ | 83,567 |  |  | $ | 421 |
Basic earnings per share | $ | 1.51 |  |  | $ | 1.50 |  |  |
Diluted earnings per share | $ | 1.51 |  |  | $ | 1.50 |  |  |
| Six Months Ended June 30, 2018
| As Reported |  | Balances without ASC 606 |  | Effect of Change
Net sales | $ | 1,252,928 |  |  | $ | 1,238,355 |  |  | $ | 14,573 |
Cost of sales | 790,536 |  |  | 780,138 |  |  | 10,398 |
Provision for income taxes | 47,857 |  |  | 46,792 |  |  | 1,065 |
Net earnings | $ | 149,408 |  |  | $ | 146,298 |  |  | $ | 3,110 |
Basic earnings per share | $ | 2.69 |  |  | $ | 2.63 |  |  |
Diluted earnings per share | $ | 2.69 |  |  | $ | 2.63 |  |  |
| Balance as of June 30, 2018
| As Reported |  | Balances without ASC 606 |  | Effect of Change
Assets |  |  |  |  |
Inventories, net | $ | 493,667 |  |  | $ | 487,910 |  |  | $ | 5,757 |
Prepaid expenses and other | 48,890 |  |  | 51,927 |  |  | (3,037 | )
Liabilities |  |  |  |  |
Accrued expenses | 361,501 |  |  | 365,744 |  |  | (4,243 | )
Long-term deferred tax liability | 102,636 |  |  | 102,246 |  |  | 390 |
Equity |  |  |  |  |
Retained earnings | $ | 1,841,489 |  |  | $ | 1,840,356 |  |  | $ | 1,133 |
Disaggregation of Revenue [Table Text Block] | Disaggregation of Revenue We disaggregate our net sales by reportable operating segment and geographical location as we believe it best depicts how the nature, timing and uncertainty of our net sales and cash flows are affected by economic factors. In general, the Commercial Foodservice Equipment and Residential Foodservice Equipment Groups recognize revenue at the point in time control transfers to their customers based on contractual shipping terms. Revenue from equipment sold under our long-term contracts within the Food Processing Equipment group is recognized over time as the equipment is manufactured and assembled.
| Commercial Foodservice |  | Food Processing |  | Residential Kitchen |  | Total
Three Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |
United States and Canada | $ | 289,523 |  |  | $ | 59,306 |  |  | $ | 103,420 |  |  | $ | 452,249 |
Asia | 37,959 |  |  | 11,723 |  |  | 2,060 |  |  | 51,742 |
Europe and Middle East | 75,352 |  |  | 16,803 |  |  | 53,819 |  |  | 145,974 |
Latin America | 11,283 |  |  | 5,817 |  |  | 1,063 |  |  | 18,163 |
Total | $ | 414,117 |  |  | $ | 93,649 |  |  | $ | 160,362 |  |  | $ | 668,128 |
Six Months Ended June 30, 2018 |  |  |  |  |  |  |  |  |  |
United States and Canada | $ | 544,636 |  |  | $ | 126,241 |  |  | $ | 181,980 |  |  | $ | 852,857 |
Asia | 66,991 |  |  | 17,435 |  |  | 3,579 |  |  | 88,005 |
Europe and Middle East | 141,963 |  |  | 25,535 |  |  | 108,874 |  |  | 276,372 |
Latin America | 20,431 |  |  | 13,010 |  |  | 2,253 |  |  | 35,694 |
Total | $ | 774,021 |  |  | $ | 182,221 |  |  | $ | 296,686 |  |  | $ | 1,252,928 |
Three Months Ended July 1, 2017 |  |  |  |  |  |  |
United States and Canada | $ | 239,159 |  |  | $ | 67,931 |  |  | $ | 92,355 |  |  | $ | 399,445 |
Asia | 33,593 |  |  | 5,976 |  |  | 1,999 |  |  | 41,568 |
Europe and Middle East | 50,802 |  |  | 9,371 |  |  | 56,813 |  |  | 116,986 |
Latin America | 10,199 |  |  | 9,090 |  |  | 2,055 |  |  | 21,344 |
Total | $ | 333,753 |  |  | $ | 92,368 |  |  | $ | 153,222 |  |  | $ | 579,343 |
Six Months Ended July 1, 2017 |  |  |  |  |  |  |
United States and Canada | $ | 463,781 |  |  | $ | 127,676 |  |  | $ | 173,193 |  |  | $ | 764,650 |
Asia | 65,843 |  |  | 10,399 |  |  | 4,537 |  |  | 80,779 |
Europe and Middle East | 97,295 |  |  | 16,489 |  |  | 113,160 |  |  | 226,944 |
Latin America | 19,083 |  |  | 15,080 |  |  | 3,104 |  |  | 37,267 |
Total | $ | 646,002 |  |  | $ | 169,644 |  |  | $ | 293,994 |  |  | $ | 1,109,640 |
Contract with Customer, Asset and Liability [Table Text Block] | The following table provides information about contract assets and contract liabilities from contracts with customers (in thousands):
| Jun 30, 2018 |  | At Adoption
Contract assets | $ | 7,846 |  |  | $ | 16,753 |
Contract liabilities | 69,746 |  |  | 47,647 |

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