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Information on Business Segments
3 Months Ended
Apr. 01, 2023
Segment Reporting [Abstract]  
Information on Business Segments

14. Information on Business Segments

Net sales and operating income for the thirteen weeks ended April 1, 2023 and three months ended March 31, 2022 by segment were as follows:

 

(In millions)

 

Thirteen Weeks Ended April 1, 2023

 

 

Three Months Ended March 31, 2022

 

 

% Change
vs. Prior Year

Net Sales

 

 

 

 

 

 

 

 

 

 

Water

 

$

594.2

 

 

$

643.6

 

 

 

(7.7

)

%

Outdoors

 

 

289.9

 

 

 

343.6

 

 

 

(15.6

)

 

Security

 

 

155.9

 

 

 

153.0

 

 

 

1.9

 

 

Net sales

 

$

1,040.0

 

 

$

1,140.2

 

 

 

(8.8

)

%

Operating Income

 

 

 

 

 

 

 

 

 

 

Water

 

$

128.4

 

 

$

149.3

 

 

 

(14.0

)

%

Outdoors

 

 

13.0

 

 

 

39.8

 

 

 

(67.3

)

 

Security

 

 

21.1

 

 

 

20.4

 

 

 

3.4

 

 

Less: Corporate expenses

 

 

(30.7

)

 

 

(29.7

)

 

 

(3.4

)

 

Operating income

 

$

131.8

 

 

$

179.8

 

 

 

(26.7

)

%