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Segment Information (Tables) | 12 Months Ended
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Jan. 01, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table summarizes the results of operations for the company’s business segments(1) (dollars in thousands):
| Commercial Foodservice |  | Food Processing |  | Residential Kitchen |  | Corporate and Other(2) |  | Total
2021 |  |  |  |  |  |  |  |  |
Net sales | $ | 2,032,761 |  |  | $ | 480,746 |  |  | $ | 737,285 |  |  | $ | — |  |  | $ | 3,250,792 |
Income (loss) from operations(3,4,7) | 423,121 |  |  | 94,414 |  |  | 124,701 |  |  | (12,244) |  |  | 629,992 |
Depreciation expense | 23,814 |  |  | 5,601 |  |  | 12,655 |  |  | 611 |  |  | 42,681 |
Amortization expense (5) | 56,910 |  |  | 7,247 |  |  | 11,628 |  |  | 6,777 |  |  | 82,562 |
Net capital expenditures | 26,507 |  |  | 9,111 |  |  | 9,232 |  |  | 1,701 |  |  | 46,551 |
Total assets | 3,522,630 |  |  | 637,252 |  |  | 2,153,758 |  |  | 69,958 |  |  | 6,383,598 |
Long-lived assets (6) | 292,593 |  |  | 54,934 |  |  | 169,028 |  |  | 41,112 |  |  | 557,667 |
2020 |  |  |  |  |  |  |  |  |
Net sales | $ | 1,510,279 |  |  | $ | 437,272 |  |  | $ | 565,706 |  |  | $ | — |  |  | $ | 2,513,257 |
Income (loss) from operations (3,7) | 239,625 |  |  | 78,008 |  |  | 67,046 |  |  | (60,248) |  |  | 324,431 |
Depreciation expense | 21,768 |  |  | 5,507 |  |  | 11,691 |  |  | 120 |  |  | 39,086 |
Amortization expense (5) | 51,985 |  |  | 7,319 |  |  | 9,657 |  |  | 2,485 |  |  | 71,446 |
Net capital expenditures | 25,463 |  |  | 3,427 |  |  | 4,801 |  |  | 1,158 |  |  | 34,849 |
Total assets | 3,249,441 |  |  | 617,171 |  |  | 1,221,229 |  |  | 114,633 |  |  | 5,202,474 |
Long-lived assets (6) | 279,481 |  |  | 55,069 |  |  | 192,940 |  |  | 19,849 |  |  | 547,339 |
2019 |  |  |  |  |  |  |  |  |
Net sales | $ | 1,984,345 |  |  | $ | 400,951 |  |  | $ | 574,150 |  |  | $ | — |  |  | $ | 2,959,446 |
Income (loss) from operations (3,8) | 429,946 |  |  | 68,935 |  |  | 89,312 |  |  | (74,150) |  |  | 514,043 |
Depreciation expense | 21,054 |  |  | 4,944 |  |  | 11,742 |  |  | 112 |  |  | 37,852 |
Amortization expense (5) | 45,906 |  |  | 8,162 |  |  | 9,896 |  |  | 1,612 |  |  | 65,576 |
Net capital expenditures | 29,353 |  |  | 6,683 |  |  | 9,168 |  |  | 1,405 |  |  | 46,609 |
Total assets | 3,188,304 |  |  | 621,619 |  |  | 1,157,211 |  |  | 35,009 |  |  | 5,002,143 |
Long-lived assets (6) | 261,466 |  |  | 57,403 |  |  | 176,834 |  |  | 4,116 |  |  | 499,819 |
(1)Non-operating expenses are not allocated to the reportable segments. Non-operating expenses consist of interest expense and deferred financing amortization, foreign exchange gains and losses and other income and expense items outside of income from operations. (2)Includes corporate and other general company assets and operations. (3)Restructuring expenses and impairments are included in operating income of the segment to which they pertain. See note 3(f) and 12 for further details. (4)Termination fee from Welbilt merger is included in Corporate and Other. (5)Includes amortization of deferred financing costs and Convertible Notes issuance costs. (6)Long-lived assets consist of property, plant and equipment, long-term deferred tax assets and other assets. (7)Gain on sale of plant is included in Commercial Foodservice and Residential Kitchen for 2021 and Gain on sale of plant is included in Commercial Foodservice for 2020. (8)Gain on litigation settlement is included in Residential Kitchen.
Schedule of Entity-Wide Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country | Long-lived assets, not including goodwill and other intangibles (in thousands):
| 2021 |  | 2020 |  | 2019
United States and Canada | $ | 359,215 |  |  | $ | 331,688 |  |  | $ | 305,207 |
Asia | 32,986 |  |  | 28,018 |  |  | 22,312 |
Europe and Middle East | 157,432 |  |  | 181,242 |  |  | 165,781 |
Latin America | 8,034 |  |  | 6,391 |  |  | 6,519 |
Total International | 198,452 |  |  | 215,651 |  |  | 194,612 |
| $ | 557,667 |  |  | $ | 547,339 |  |  | $ | 499,819 |

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- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 + Details
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