XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.20.2

Revenue Recognition Revenue Recognition (Tables) | 6 Months Ended
--- | ---
Jun. 27, 2020
Revenue Recognition [Abstract] |
Disaggregation of Revenue [Table Text Block] | Disaggregation of Revenue The company disaggregates its net sales by reportable operating segment and geographical location as the company believes it best depicts how the nature, timing and uncertainty of its 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 the company's long-term contracts within the Food Processing Equipment group is recognized over time as the equipment is manufactured and assembled. The following table summarizes the company's net sales by reportable operating segment and geographical location (in thousands):
| Commercial Foodservice |  | Food Processing |  | Residential Kitchen |  |  |  | Total
Three Months Ended June 27, 2020 |  |  |  |  |  |  |  |  |
United States and Canada | $ | 195,899 |  |  | $ | 72,762 |  |  | $ | 81,724 |  |  |  |  | $ | 350,385 |
Asia | 27,548 |  |  | 6,110 |  |  | 900 |  |  |  |  | 34,558 |
Europe and Middle East | 39,852 |  |  | 19,104 |  |  | 21,506 |  |  |  |  | 80,462 |
Latin America | 4,201 |  |  | 3,587 |  |  | (1,216) |  |  |  |  | 6,572 |
Total | $ | 267,500 |  |  | $ | 101,563 |  |  | $ | 102,914 |  |  |  |  | $ | 471,977 |
Six Months Ended June 27, 2020 |  |  |  |  |  |  |  |  |
United States and Canada | $ | 502,409 |  |  | $ | 145,644 |  |  | $ | 166,798 |  |  |  |  | $ | 814,851 |
Asia | 65,072 |  |  | 13,749 |  |  | 1,878 |  |  |  |  | 80,699 |
Europe and Middle East | 119,584 |  |  | 38,451 |  |  | 64,971 |  |  |  |  | 223,006 |
Latin America | 23,559 |  |  | 7,985 |  |  | (664) |  |  |  |  | 30,880 |
Total | $ | 710,624 |  |  | $ | 205,829 |  |  | $ | 232,983 |  |  |  |  | $ | 1,149,436 |
Three Months Ended June 29, 2019 |  |  |  |  |  |  |  |  |
United States and Canada | $ | 357,718 |  |  | $ | 58,100 |  |  | $ | 100,472 |  |  |  |  | $ | 516,290 |
Asia | 52,031 |  |  | 8,054 |  |  | 1,467 |  |  |  |  | 61,552 |
Europe and Middle East | 85,962 |  |  | 25,881 |  |  | 47,006 |  |  |  |  | 158,849 |
Latin America | 17,568 |  |  | 5,818 |  |  | 927 |  |  |  |  | 24,313 |
Total | $ | 513,279 |  |  | $ | 97,853 |  |  | $ | 149,872 |  |  |  |  | $ | 761,004 |
Six Months Ended June 29, 2019 |  |  |  |  |  |  |  |  |
United States and Canada | $ | 657,993 |  |  | $ | 115,689 |  |  | $ | 183,830 |  |  |  |  | $ | 957,512 |
Asia | 100,324 |  |  | 16,736 |  |  | 2,865 |  |  |  |  | 119,925 |
Europe and Middle East | 175,858 |  |  | 46,499 |  |  | 97,621 |  |  |  |  | 319,978 |
Latin America | 36,635 |  |  | 11,403 |  |  | 2,353 |  |  |  |  | 50,391 |
Total | $ | 970,810 |  |  | $ | 190,327 |  |  | $ | 286,669 |  |  |  |  | $ | 1,447,806 |
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 27, 2020 |  | Dec 28, 2019
Contract assets | $ | 25,394 |  |  | $ | 22,675 |
Contract liabilities | $ | 81,504 |  |  | $ | 74,511 |
Non-current contract liabilities | $ | 11,305 |  |  | $ | 12,870 |

X
- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045 + Details
Name: | us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_RevenueRecognitionAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration