XML 61 R51.htm IDEA: XBRL DOCUMENT v3.22.2
Business Segment Information (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jul. 02, 2022
USD ($)
Apr. 02, 2022
USD ($)
Jul. 03, 2021
USD ($)
Jul. 02, 2022
USD ($)
segment
Jul. 03, 2021
USD ($)
Segment Reporting [Abstract]          
Number of reportable operating segments | segment       3  
Revenue          
Revenues $ 221,649   $ 195,811 $ 448,129 $ 368,274
Income Before Provision for Income Taxes          
Total operating income 37,468   33,010 93,441 56,437
Interest expense, net (1,089)   (1,010) (2,221) (2,056)
Other expense, net (19)   (24) (41) (48)
Income Before Provision for Income Taxes 36,360   31,976 91,179 54,333
Capital Expenditures          
Capital expenditures 6,947   2,059 9,815 4,318
Gain on the sale of assets       20,190 0
Machinery and equipment write-down   $ 182      
Increase (decrease) in operating income (expense) 37,468   33,010 93,441 56,437
CHINA | Land and Building          
Capital Expenditures          
Gain on the sale of assets   $ 20,190      
Flow Control          
Capital Expenditures          
Acquisition transaction costs     239 62 1,236
Industrial Processing          
Capital Expenditures          
Acquisition transaction costs     53   140
Gain on the sale of assets       20,190  
Write-off of indemnification asset       575  
Machinery and equipment write-down       182  
Industrial Processing | CHINA | Land and Building          
Capital Expenditures          
Capital expenditures 3,128     3,242  
Material Handling          
Capital Expenditures          
Acquisition transaction costs     338 717 612
Operating Segment | Flow Control          
Revenue          
Revenues 85,220   70,762 171,046 134,516
Income Before Provision for Income Taxes          
Total operating income 22,707   19,324 44,432 34,770
Capital Expenditures          
Capital expenditures 1,031   368 1,556 702
Increase (decrease) in operating income (expense) 22,707   19,324 44,432 34,770
Operating Segment | Industrial Processing          
Revenue          
Revenues 84,402   82,681 177,487 151,835
Income Before Provision for Income Taxes          
Total operating income 15,285   17,248 53,444 28,354
Capital Expenditures          
Capital expenditures 5,073   1,191 7,025 2,995
Increase (decrease) in operating income (expense) 15,285   17,248 53,444 28,354
Operating Segment | Industrial Processing | Revision of Prior Period, Reclassification, Adjustment          
Income Before Provision for Income Taxes          
Total operating income     (53)   (80)
Capital Expenditures          
Increase (decrease) in operating income (expense)     (53)   (80)
Operating Segment | Material Handling          
Revenue          
Revenues 52,027   42,368 99,596 81,923
Income Before Provision for Income Taxes          
Total operating income 8,701   5,281 14,545 9,450
Capital Expenditures          
Capital expenditures 843   495 1,227 616
Increase (decrease) in operating income (expense) 8,701   5,281 14,545 9,450
Operating Segment | Material Handling | Revision of Prior Period, Reclassification, Adjustment          
Income Before Provision for Income Taxes          
Total operating income     (311)   (585)
Capital Expenditures          
Increase (decrease) in operating income (expense)     (311)   (585)
Corporate          
Income Before Provision for Income Taxes          
Total operating income (9,225)   (8,843) (18,980) (16,137)
Capital Expenditures          
Capital expenditures 0   5 7 5
Increase (decrease) in operating income (expense) $ (9,225)   (8,843) $ (18,980) (16,137)
Corporate | Revision of Prior Period, Reclassification, Adjustment          
Income Before Provision for Income Taxes          
Total operating income     364   665
Capital Expenditures          
Increase (decrease) in operating income (expense)     $ 364   $ 665