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v3.23.3

Segment Information- Segment Reporting Information, by Segment (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2023 | Jul. 01, 2023 | Oct. 01, 2022 | Sep. 30, 2023 | Oct. 01, 2022
Segment Reporting Information |  |  |  |  |
Net sales | $ 607,071 |  | $ 658,880 | $ 1,828,850 | $ 1,900,646
Depreciation and amortization | 33,909 |  | 32,591 | 103,283 | 88,209
Operating income | 93,645 |  | 121,870 | 296,339 | 406,624
Interest expense | 10,101 |  | 8,399 | 29,803 | 17,069
Foreign exchange loss | 11,776 |  | 18,191 | 8,697 | 40,051
Other (income) expense, net | (3,527) |  | (698) | (11,810) | 9,789
Income before income taxes | 75,295 |  | 95,978 | 269,649 | 339,715
Restructuring charges | 3,698 |  | 3,413 | 8,479 | 4,265
Impairment | 818 |  |  | 4,742 | 90
Carling Technologies, Inc. | Operating Income (Loss) |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Restructuring charges | 3,700 |  |  | 8,500 |
Acquisition related costs | 1,800 |  |  | 9,000 |
Hartland Controls |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Restructuring charges |  |  | 3,400 |  | 4,300
Hartland Controls | Operating Income (Loss) |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Acquisition related costs |  |  | 6,200 |  | 14,800
Other |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Operating income | (6,272) |  | (16,435) | (22,154) | (30,623)
Other | Hartland Controls | Operating Income (Loss) |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Inventory adjustment |  |  | 6,800 |  | 11,600
Electronics |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Net sales | 343,933 |  | 397,629 | 1,052,673 | 1,121,626
Depreciation and amortization | 19,623 |  | 19,080 | 59,219 | 48,984
Restructuring charges | 1,238 |  | 1,474 | 3,154 | 1,883
Impairment | 0 |  |  | 0 |
Electronics | Operating Segments |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Operating income | 77,022 |  | 113,140 | 247,028 | 339,675
Transportation |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Net sales | 177,019 |  | 181,735 | 515,708 | 548,266
Depreciation and amortization | 10,193 |  | 11,331 | 32,547 | 32,703
Restructuring charges | 1,803 |  | 1,939 | 3,420 | 2,382
Impairment | 0 | $ 3,900 |  | 3,870 |
Transportation | Operating Segments |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Operating income | 9,694 |  | 12,987 | 26,015 | 57,604
Industrial |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Net sales | 86,119 |  | 79,516 | 260,469 | 230,754
Depreciation and amortization | 4,093 |  | 2,180 | 11,517 | 6,522
Restructuring charges | 657 |  | 0 | 1,905 | 0
Impairment | 818 |  |  | 872 |
Industrial | Operating Segments |  |  |  |  |
Segment Reporting Information |  |  |  |  |
Operating income | $ 13,201 |  | $ 12,178 | $ 45,450 | $ 39,968

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