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v3.22.2.2

Summary of Results of Operations for Business Segments (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Oct. 01, 2022 | Oct. 02, 2021 | Oct. 01, 2022 | Oct. 02, 2021 | Jan. 01, 2022
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | $ 992,871 | $ 817,545 |  | $ 3,001,148 | $ 2,384,376 |  |
Income from operations | [1],[2] | 161,705 | 233,482 |  | 451,496 | 491,372 | [3] |
Depreciation |  | 9,479 | 10,876 |  | 31,608 | 31,180 |  |
Amortization of Intangible Assets and Debt Issuance Costs | [4] | 21,661 | 19,754 |  | 75,309 | 59,492 |  |
Capital Expenditures Net |  | 18,781 | 10,421 |  | 50,914 | 29,732 |  |
Total assets |  | 6,671,861 | 5,772,851 |  | 6,671,861 | 5,772,851 |  | $ 6,383,598
Commercial Foodservice Equipment Group |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 623,662 | 511,480 |  | 1,776,994 | 1,501,413 |  |
Income from operations | [1],[2] | 143,678 | 105,529 | [3] | 390,740 | 311,789 | [3] |
Depreciation |  | 5,855 | 5,793 |  | 17,577 | 17,579 |  |
Amortization of Intangible Assets and Debt Issuance Costs |  | 14,283 | 12,822 |  | 41,644 | 42,272 |  |
Capital Expenditures Net |  | 10,235 | 6,391 |  | 23,178 | 17,599 |  |
Total assets |  | 3,718,045 | 3,498,696 |  | 3,718,045 | 3,498,696 |  |
Food Processing Group |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 148,244 | 112,670 |  | 392,100 | 355,172 |  |
Income from operations | [1],[2] | 26,982 | 21,425 |  | 65,642 | 68,048 |  |
Depreciation |  | 1,558 | 1,353 |  | 4,182 | 4,005 |  |
Amortization of Intangible Assets and Debt Issuance Costs |  | 4,311 | 1,773 |  | 7,844 | 5,450 |  |
Capital Expenditures Net |  | 2,959 | 1,106 |  | 10,108 | 3,539 |  |
Total assets |  | 856,532 | 640,229 |  | 856,532 | 640,229 |  |
Residential Kitchen |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 220,965 | 193,395 | [3] | 832,054 | 527,791 |  |
Income from operations | [1],[2] | 29,788 | 31,322 | [3] | 100,811 | 95,088 | [3] |
Depreciation |  | 1,861 | 3,608 |  | 9,271 | 9,120 |  |
Amortization of Intangible Assets and Debt Issuance Costs |  | 1,289 | 3,589 |  | 20,448 | 7,145 |  |
Capital Expenditures Net |  | 5,211 | 2,127 |  | 16,457 | 7,256 |  |
Total assets |  | 1,949,883 | 1,578,857 |  | 1,949,883 | 1,578,857 |  |
Corporate and Other |  |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 0 | 0 |  | 0 | 0 |  |
Income from operations | [1],[2],[5] | (38,743) | 75,206 | [6] | (105,697) | 16,447 | [6] |
Depreciation | [5] | 205 | 122 |  | 578 | 476 |  |
Amortization of Intangible Assets and Debt Issuance Costs | [4],[5] | 1,778 | 1,570 |  | 5,373 | 4,625 |  |
Capital Expenditures Net | [5] | 376 | 797 |  | 1,171 | 1,338 |  |
Total assets | [5] | $ 147,401 | $ 55,069 |  | $ 147,401 | $ 55,069 |  |
[1] | Non-operating expenses are not allocated to the operating 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] | Restructuring expenses are allocated in operating income by segment.
[3] | Gain/(loss) on sale of plants are included in Commercial Foodservice and Residential Kitchen.
[4] | Includes amortization of deferred financing costs and Convertible Notes issuance costs
[5] | Includes corporate and other general company assets and operations.
[6] | Termination fee from Welbilt merger is included in Corporate and Other.

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