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Nature of Operations and Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 27, 2025
Accounting Policies [Abstract]  
Schedule of Supplemental Cash Flow Information
Supplemental Cash Flow Information
 Nine Months Ended
(In thousands)September 27,
2025		September 28,
2024
Cash Paid for Interest$9,824 $15,034 
Cash Paid for Income Taxes, Net of Refunds$33,530 $33,288 
Non-Cash Investing Activities:
Fair value of assets acquired
$35,470 $360,021 
Fair value of liabilities assumed
$14,124 $35,575 
Fair value of noncontrolling interests acquired
$— $9,319 
Fair value of contingent consideration
$— $1,785 
Purchases of property, plant, and equipment in accounts payable$398 $590 
 Nine Months Ended
(In thousands)September 27,
2025		September 28,
2024
Non-Cash Financing Activities:  
Issuance of Company common stock upon vesting of restricted stock units$5,761 $5,364 
Dividends declared but unpaid$4,005 $3,759 
Schedule of Cash and Cash Equivalents
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the accompanying condensed consolidated balance sheet that are shown in aggregate in the accompanying condensed consolidated statement of cash flows:
(In thousands)September 27,
2025		September 28,
2024		December 28,
2024		December 30,
2023
Cash and cash equivalents$124,493 $88,407 $94,660 $103,832 
Restricted cash2,420 1,327 1,286 2,621 
Total Cash, Cash Equivalents, and Restricted Cash$126,913 $89,734 $95,946 $106,453 
Schedule of Restricted Cash
The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the accompanying condensed consolidated balance sheet that are shown in aggregate in the accompanying condensed consolidated statement of cash flows:
(In thousands)September 27,
2025		September 28,
2024		December 28,
2024		December 30,
2023
Cash and cash equivalents$124,493 $88,407 $94,660 $103,832 
Restricted cash2,420 1,327 1,286 2,621 
Total Cash, Cash Equivalents, and Restricted Cash$126,913 $89,734 $95,946 $106,453 
Schedule of Inventories
The components of inventories are as follows:
 September 27,
2025		December 28,
2024
(In thousands)
Raw Materials$70,825 $60,750 
Work in Process42,725 27,692 
Finished Goods (includes $972 and $554 at customer locations)
66,155 57,650 
$179,705 $146,092 
Schedule of Acquired Intangible Assets
Acquired intangible assets by major asset class are as follows:
(In thousands)GrossAccumulated
Amortization		Currency
Translation		Net
September 27, 2025
Definite-Lived
Customer relationships$336,746 $(141,731)$(4,802)$190,213 
Product technology93,327 (53,475)(2,219)37,633 
Tradenames17,826 (5,775)(384)11,667 
Other25,221 (22,261)(588)2,372 
 473,120 (223,242)(7,993)241,885 
Indefinite-Lived
Tradenames29,059 — (169)28,890 
Acquired Intangible Assets$502,179 $(223,242)$(8,162)$270,775 
 
 
 
 
(In thousands)GrossAccumulated
Amortization		Currency
Translation		Net
December 28, 2024    
Definite-Lived
Customer relationships$334,066 $(127,664)$(8,607)$197,795 
Product technology92,106 (49,294)(3,245)39,567 
Tradenames16,536 (5,084)(481)10,971 
Other25,221 (21,280)(668)3,273 
 467,929 (203,322)(13,001)251,606 
Indefinite-Lived
Tradenames29,059 — (1,171)27,888 
Acquired Intangible Assets$496,988 $(203,322)$(14,172)$279,494 
Schedule of Changes in the Carrying Amount of Goodwill
The changes in the carrying amount of goodwill by reportable segment are as follows:
(In thousands)Flow ControlIndustrial ProcessingMaterial HandlingTotal
Balance at December 28, 2024   
Gross balance$132,205 $243,066 $189,436 $564,707 
Accumulated impairment losses— (85,538)— (85,538)
Net balance132,205 157,528 189,436 479,169 
2025 Activity
Acquisition (Note 2)
— 816 — 816 
   Measurement period adjustments for 2024 acquisitions(173)— 321 148 
   Currency translation7,195 4,830 4,930 16,955 
   Total 2025 activity7,022 5,646 5,251 17,919 
Balance at September 27, 2025   
Gross balance139,227 248,712 194,687 582,626 
Accumulated impairment losses— (85,538)— (85,538)
Net balance$139,227 $163,174 $194,687 $497,088 
Schedule of Changes in the Carrying Amount of Product Warranty Obligations
The changes in the carrying amount of product warranty obligations are as follows:
 Nine Months Ended
(In thousands)September 27,
2025		September 28,
2024
Balance at Beginning of Year$10,664 $8,154 
Provision charged to expense3,320 4,463 
Usage(4,870)(2,972)
Acquisitions688 473 
Currency translation587 37 
Balance at End of Period$10,389 $10,155 
Schedule of Revenue Recognition Method and Disaggregation of Revenue by Product Type and Geography
The following table presents revenue by revenue recognition method:
Three Months EndedNine Months Ended
September 27,September 28,September 27,September 28,
(In thousands)2025202420252024
Point in Time$254,491 $238,971 $706,995 $701,199 
Over Time17,076 32,643 59,049 94,155 
$271,567 $271,614 $766,044 $795,354 
The following table presents the disaggregation of revenue by product type and geography:
Three Months EndedNine Months Ended
September 27,September 28,September 27,September 28,
(In thousands)2025202420252024
Revenue by Product Type:
    
Parts and consumables$188,366 $176,961 $549,457 $520,836 
Capital83,201 94,653 216,587 274,518 
$271,567 $271,614 $766,044 $795,354 
Revenue by Geography (based on customer location):    
North America$165,708 $172,186 $483,546 $501,220 
Europe65,869 57,309 178,440 176,289 
Asia23,893 26,724 63,536 74,248 
Rest of world16,097 15,395 40,522 43,597 
$271,567 $271,614 $766,044 795,354 
Schedule of Contract Balances From Contracts With Customers
The following table presents contract balances from contracts with customers:
 September 27,
2025		December 28,
2024
(In thousands)
Contract Assets$9,866 $18,408 
Contract Liabilities$60,258 $46,062