XML 76 R66.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Net Sales Summary (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Oct. 01, 2022 | Oct. 02, 2021 | Oct. 01, 2022 | Oct. 02, 2021
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | $ 992,871 | $ 817,545 |  | $ 3,001,148 | $ 2,384,376 |
Percent |  | 100.00% | 100.00% |  | 100.00% | 100.00% |
Income from operations | [1],[2] | $ 161,705 | $ 233,482 |  | $ 451,496 | $ 491,372 | [3]
Depreciation and amortization expense |  |  |  |  | 106,917 | 90,672 |
Capital Expenditures Net |  | 18,781 | 10,421 |  | 50,914 | 29,732 |
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 |
Percent |  | 62.80% | 62.60% |  | 59.20% | 63.00% |
Income from operations | [1],[2] | $ 143,678 | $ 105,529 | [3] | $ 390,740 | $ 311,789 | [3]
Capital Expenditures Net |  | 10,235 | 6,391 |  | 23,178 | 17,599 |
Food Processing Group |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | $ 148,244 | $ 112,670 |  | $ 392,100 | $ 355,172 |
Percent |  | 14.90% | 13.80% |  | 13.10% | 14.90% |
Income from operations | [1],[2] | $ 26,982 | $ 21,425 |  | $ 65,642 | $ 68,048 |
Capital Expenditures Net |  | 2,959 | 1,106 |  | 10,108 | 3,539 |
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],[4] | (38,743) | 75,206 | [5] | (105,697) | 16,447 | [5]
Capital Expenditures Net | [4] | 376 | 797 |  | 1,171 | 1,338 |
Residential Kitchen |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | $ 220,965 | $ 193,395 | [3] | $ 832,054 | $ 527,791 |
Percent |  | 22.30% | 23.60% |  | 27.70% | 22.10% |
Income from operations | [1],[2] | $ 29,788 | $ 31,322 | [3] | $ 100,811 | $ 95,088 | [3]
Capital Expenditures Net |  | 5,211 | 2,127 |  | 16,457 | 7,256 |
United States and Canada |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 714,177 | 564,292 |  | 2,163,416 | 1,659,197 |
United States and Canada | Commercial Foodservice Equipment Group |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 464,053 | 366,619 |  | 1,313,332 | 1,064,482 |
United States and Canada | Food Processing Group |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 104,367 | 84,443 |  | 287,037 | 259,577 |
United States and Canada | Residential Kitchen |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 145,757 | 113,230 |  | 563,047 | 335,138 |
Asia |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 74,695 | 56,487 |  | 191,816 | 165,193 |
Asia | Commercial Foodservice Equipment Group |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 55,243 | 49,489 |  | 148,430 | 146,849 |
Asia | Food Processing Group |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 7,805 | 4,257 |  | 15,662 | 10,713 |
Asia | Residential Kitchen |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 11,647 | 2,741 |  | 27,724 | 7,631 |
Europe and Middle East |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 171,426 | 173,523 |  | 560,692 | 493,515 |
Europe and Middle East | Commercial Foodservice Equipment Group |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 86,962 | 82,881 |  | 267,565 | 255,649 |
Europe and Middle East | Food Processing Group |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 24,264 | 14,332 |  | 58,924 | 56,507 |
Europe and Middle East | Residential Kitchen |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 60,200 | 76,310 |  | 234,203 | 181,359 |
Latin America |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 32,573 | 23,243 |  | 85,224 | 66,471 |
Latin America | Commercial Foodservice Equipment Group |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 17,404 | 12,491 |  | 47,667 | 34,433 |
Latin America | Food Processing Group |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | 11,808 | 9,638 |  | 30,477 | 28,375 |
Latin America | Residential Kitchen |  |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |  |
Revenue from Contract with Customer, Excluding Assessed Tax |  | $ 3,361 | $ 1,114 |  | $ 7,080 | $ 3,663 |
[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 corporate and other general company assets and operations.
[5] | Termination fee from Welbilt merger is included in Corporate and Other.

X
- Definition Capital Expenditures, Net + References No definition available. + Details
Name: | midd_CapitalExpendituresNet
Namespace Prefix: | midd_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Percentage of Net Sales + References No definition available. + Details
Name: | midd_PercentageOfNetSales
Namespace Prefix: | midd_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3602-108585 + Details
Name: | us-gaap_DepreciationDepletionAndAmortization
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The net result for the period of deducting operating expenses from operating revenues. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 + Details
Name: | us-gaap_OperatingIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130543-203045 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 924 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 11.L) -URI https://asc.fasb.org/extlink&oid=6472922&loc=d3e499488-122856 + Details
Name: | us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=midd_CommercialFoodserviceEquipmentGroupMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=midd_FoodProcessingGroupMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=us-gaap_CorporateAndOtherMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=midd_ResidentialKitchenMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=midd_UnitedStatesAndCanadaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=srt_AsiaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=midd_EuropeAndMiddleEastMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=srt_LatinAmericaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |