XML 193 R39.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Nature of Operations and Summary of Significant Accounting Policies - Goodwill (Details)
$ in Thousands
6 Months Ended
Jun. 29, 2024
USD ($)
Goodwill [Roll Forward]  
Gross balance, beginning balance $ 477,622
Accumulated impairment losses (85,538)
Net balance, beginning balance 392,084
Acquisitions (Note 2) 92,095
Fair value adjustment (22)
Currency translation (6,122)
Total 2024 activity 85,951
Gross balance, ending balance 563,573
Accumulated impairment losses (85,538)
Net balance, ending balance 478,035
Operating Segment | Flow Control  
Goodwill [Roll Forward]  
Gross balance, beginning balance 120,782
Accumulated impairment losses 0
Net balance, beginning balance 120,782
Acquisitions (Note 2) 14,498
Fair value adjustment 0
Currency translation (2,201)
Total 2024 activity 12,297
Gross balance, ending balance 133,079
Accumulated impairment losses 0
Net balance, ending balance 133,079
Operating Segment | Industrial Processing  
Goodwill [Roll Forward]  
Gross balance, beginning balance 212,732
Accumulated impairment losses (85,538)
Net balance, beginning balance 127,194
Acquisitions (Note 2) 37,037
Fair value adjustment (22)
Currency translation (2,655)
Total 2024 activity 34,360
Gross balance, ending balance 247,092
Accumulated impairment losses (85,538)
Net balance, ending balance 161,554
Operating Segment | Material Handling  
Goodwill [Roll Forward]  
Gross balance, beginning balance 144,108
Accumulated impairment losses 0
Net balance, beginning balance 144,108
Acquisitions (Note 2) 40,560
Fair value adjustment 0
Currency translation (1,266)
Total 2024 activity 39,294
Gross balance, ending balance 183,402
Accumulated impairment losses 0
Net balance, ending balance $ 183,402