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v3.23.2

Segment Information- Segment Reporting Information, by Segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jul. 01, 2023 | Jul. 02, 2022 | Jul. 01, 2023 | Jul. 02, 2022
Segment Reporting Information |  |  |  |
Net sales | $ 611,997 | $ 618,436 | $ 1,221,779 | $ 1,241,766
Depreciation and amortization | 34,892 | 27,320 | 69,374 | 55,618
Operating income | 92,053 | 134,164 | 202,694 | 284,754
Interest expense | 10,056 | 4,368 | 19,702 | 8,670
Foreign exchange (gain) loss | (1,404) | 14,124 | (3,079) | 21,860
Other (income) expense, net | (2,050) | 6,060 | (8,283) | 10,487
Income before income taxes | 85,451 | 109,612 | 194,354 | 243,737
Restructuring charges | 2,931 | 634 | 4,781 | 852
Carling Technologies, Inc. | Operating Income (Loss) |  |  |  |
Segment Reporting Information |  |  |  |
Acquisition related costs | 3,900 |  | 7,200 |
Restructuring charges | 2,900 |  | 4,800 |
Hartland Controls |  |  |  |
Segment Reporting Information |  |  |  |
Restructuring charges |  | 600 |  | 800
Hartland Controls | Operating Income (Loss) |  |  |  |
Segment Reporting Information |  |  |  |
Acquisition related costs |  |  |  | 4,800
Other |  |  |  |
Segment Reporting Information |  |  |  |
Operating income | (10,688) | (5,388) | (15,882) | (14,188)
Other | Hartland Controls | Operating Income (Loss) |  |  |  |
Segment Reporting Information |  |  |  |
Inventory adjustment |  | 4,800 |  | 8,600
Electronics |  |  |  |
Segment Reporting Information |  |  |  |
Net sales | 350,147 | 358,176 | 708,740 | 723,997
Depreciation and amortization | 19,808 | 14,511 | 39,596 | 29,904
Restructuring charges | 1,237 | 204 | 1,916 | 409
Electronics | Operating Segments |  |  |  |
Segment Reporting Information |  |  |  |
Operating income | 79,844 | 105,958 | 170,006 | 226,535
Transportation |  |  |  |
Segment Reporting Information |  |  |  |
Net sales | 172,048 | 182,027 | 338,689 | 366,531
Depreciation and amortization | 11,063 | 10,628 | 22,354 | 21,372
Restructuring charges | 763 | 430 | 1,617 | 443
Transportation | Operating Segments |  |  |  |
Segment Reporting Information |  |  |  |
Operating income | 7,789 | 18,309 | 16,321 | 44,617
Industrial |  |  |  |
Segment Reporting Information |  |  |  |
Net sales | 89,802 | 78,233 | 174,350 | 151,238
Depreciation and amortization | 4,021 | 2,181 | 7,424 | 4,342
Restructuring charges | 931 | 0 | 1,248 | 0
Industrial | Operating Segments |  |  |  |
Segment Reporting Information |  |  |  |
Operating income | $ 15,108 | $ 15,285 | $ 32,249 | $ 27,790

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