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v3.25.3

Nature of Operations and Summary of Significant Accounting Policies - Schedule of Goodwill (Details) $ in Thousands | 9 Months Ended
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Sep. 27, 2025 USD ($)
Goodwill [Roll Forward] |
Gross balance, beginning balance | $ 564,707
Accumulated impairment losses | (85,538)
Net balance, beginning balance | 479,169
Acquisition (Note 2) | 816
Measurement period adjustments for 2024 acquisitions | 148
Currency translation | 16,955
Total 2025 activity | 17,919
Gross balance, ending balance | 582,626
Accumulated impairment losses | (85,538)
Net balance, ending balance | 497,088
Operating Segment | Flow Control |
Goodwill [Roll Forward] |
Gross balance, beginning balance | 132,205
Accumulated impairment losses | 0
Net balance, beginning balance | 132,205
Acquisition (Note 2) | 0
Measurement period adjustments for 2024 acquisitions | (173)
Currency translation | 7,195
Total 2025 activity | 7,022
Gross balance, ending balance | 139,227
Accumulated impairment losses | 0
Net balance, ending balance | 139,227
Operating Segment | Industrial Processing |
Goodwill [Roll Forward] |
Gross balance, beginning balance | 243,066
Accumulated impairment losses | (85,538)
Net balance, beginning balance | 157,528
Acquisition (Note 2) | 816
Measurement period adjustments for 2024 acquisitions | 0
Currency translation | 4,830
Total 2025 activity | 5,646
Gross balance, ending balance | 248,712
Accumulated impairment losses | (85,538)
Net balance, ending balance | 163,174
Operating Segment | Material Handling |
Goodwill [Roll Forward] |
Gross balance, beginning balance | 189,436
Accumulated impairment losses | 0
Net balance, beginning balance | 189,436
Acquisition (Note 2) | 0
Measurement period adjustments for 2024 acquisitions | 321
Currency translation | 4,930
Total 2025 activity | 5,251
Gross balance, ending balance | 194,687
Accumulated impairment losses | 0
Net balance, ending balance | $ 194,687

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