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Business Segments (Tables)
12 Months Ended
Jan. 01, 2017
Segment Reporting [Abstract]  
Industry Segment Disclosures for Net Sales and Operating Profit Including Other Segment Income
The following pre-tax charges were incurred related to severance and facility consolidations (in millions):
 
 
2016
 
2015
 
2014
Instrumentation
 
$
10.6

 
$
3.9

 
$
1.0

Digital Imaging
 
2.0

 
3.2

 
2.7

Aerospace and Defense Electronics
 
4.6

 
1.2

 
0.9

Engineered Systems
 
0.1

 
0.1

 
(0.2
)
Total
 
$
17.3

 
$
8.4

 
$
4.4

Information on the Company’s business segments was as follows (in millions):
Net sales:
2016
 
2015
 
2014
Instrumentation
$
876.7

 
$
1,051.1

 
$
1,115.5

Digital Imaging
398.7

 
379.0

 
403.6

Aerospace and Defense Electronics
615.9

 
593.4

 
603.0

Engineered Systems
258.6

 
274.6

 
271.9

Total net sales
$
2,149.9

 
$
2,298.1

 
$
2,394.0

 
 
 
 
 
 
Operating income:
2016
 
2015
 
2014
Instrumentation
$
109.8

 
$
171.0

 
$
181.6

Digital Imaging
45.9

 
40.0

 
37.1

Aerospace and Defense Electronics
112.1

 
84.8

 
88.3

Engineered Systems
32.1

 
26.1

 
31.4

Corporate expense
(46.1
)
 
(40.2
)
 
(43.9
)
Total operating income
253.8

 
281.7

 
294.5

Depreciation and amortization:
  
2016
 
2015
 
2014
Instrumentation
  
$
37.3

 
$
41.2

 
$
41.1

Digital Imaging
  
26.2

 
26.1

 
29.6

Aerospace and Defense Electronics
  
14.4

 
15.0

 
15.9

Engineered Systems
  
4.1

 
3.5

 
3.7

Corporate
  
5.3

 
4.5

 
4.0

Total depreciation and amortization
  
$
87.3

 
$
90.3

 
$
94.3

 
Capital expenditures:
  
2016
 
2015
 
2014
Instrumentation
  
$
50.9

 
$
20.9

 
$
17.0

Digital Imaging
  
12.5

 
9.2

 
10.3

Aerospace and Defense Electronics
  
12.6

 
9.1

 
8.8

Engineered Systems
  
5.9

 
5.7

 
4.3

Corporate
 
5.7

 
2.1

 
3.1

Total capital expenditures
  
$
87.6

 
$
47.0

 
$
43.5

Identifiable assets are those assets used in the operations of the segments. Corporate assets primarily consist of cash and cash equivalents, deferred taxes, net pension assets/liabilities and other assets.
Identifiable assets:
 
2016
 
2015
 
2014
Instrumentation
  
$
1,361.0

 
$
1,339.6

 
$
1,415.4

Digital Imaging
  
671.1

 
634.9

 
708.4

Aerospace and Defense Electronics
  
449.4

 
451.6

 
462.5

Engineered Systems
  
93.9

 
92.2

 
84.9

Corporate (a)
  
199.0

 
198.8

 
191.0

Total identifiable assets
  
$
2,774.4

 
$
2,717.1

 
$
2,862.2

(a) The amount for 2016, 2015 and 2014 includes $88.5 million, $111.0 million and $86.3 million prepaid pension asset, respectively.
Fiscal Year 2016 (in millions)
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
Net Sales:
 
 
 
 
 
 
 
 
Instrumentation
 
$
223.7

 
$
220.1

 
$
208.3

 
$
224.6

Digital Imaging
 
89.9

 
99.4

 
98.5

 
110.9

Aerospace & Defense Electronics
 
152.6

 
158.0

 
153.5

 
151.8

Engineered Systems
 
64.3

 
62.2

 
66.5

 
65.6

Total net sales
 
$
530.5

 
$
539.7

 
$
526.8

 
$
552.9

 
 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
 
Instrumentation
 
$
31.4

 
$
20.1

 
$
28.1

 
$
30.2

Digital Imaging
 
8.2

 
10.7

 
11.7

 
15.3

Aerospace & Defense Electronics
 
24.1

 
28.0

 
31.5

 
28.5

Engineered Systems
 
8.0

 
5.6

 
8.6

 
9.9

Corporate expense
 
(10.8
)
 
(10.8
)
 
(11.1
)
 
(13.4
)
Total operating income
 
$
60.9

 
$
53.6

 
$
68.8

 
$
70.5

Fiscal Year 2015 (in millions)
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
Net Sales:
 
 
 
 
 
 
 
 
Instrumentation
 
$
270.3

 
$
271.3

 
$
243.2

 
$
266.3

Digital Imaging
 
90.4

 
90.8

 
95.7

 
102.1

Aerospace & Defense Electronics
 
141.2

 
147.0

 
151.3

 
153.9

Engineered Systems
 
63.1

 
68.6

 
65.2

 
77.7

Total net sales
 
$
565.0

 
$
577.7

 
$
555.4

 
$
600.0

 
 
 
 
 
 
 
 
 
Operating income:
 
 
 
 
 
 
 
 
Instrumentation
 
$
42.1

 
$
45.7

 
$
38.6

 
$
44.6

Digital Imaging
 
9.3

 
8.8

 
10.4

 
11.5

Aerospace & Defense Electronics
 
19.4

 
20.6

 
23.5

 
21.3

Engineered Systems
 
6.7

 
4.8

 
5.9

 
8.7

Corporate expense
 
(10.2
)
 
(11.0
)
 
(8.9
)
 
(10.1
)
Total operating income
 
$
67.3

 
$
68.9

 
$
69.5

 
$
76.0

Sales by Country of Origin and Long-Lived Assets by Major Geographic Area
Information on the Company’s sales by country of origin and long-lived assets by major geographic area was as follows (in millions): 
Sales by country:
  
2016
 
2015
 
2014
United States
  
$
1,653.6

 
$
1,805.4

 
$
1,852.0

Canada
  
209.2

 
208.8

 
230.1

United Kingdom
 
109.6

 
124.6

 
139.8

All other countries
  
177.5

 
159.3

 
172.1

Total sales
  
$
2,149.9

 
$
2,298.1

 
$
2,394.0

 
Long-lived assets:
  
2016
 
2015
 
2014
United States
  
$
1,408.1

 
$
1,332.5

 
$
1,364.7

Canada
  
273.5

 
249.9

 
310.5

United Kingdom
 
103.3

 
127.3

 
120.6

All other countries
  
138.1

 
139.3

 
128.2

Total long-lived assets
  
$
1,923.0

 
$
1,849.0

 
$
1,924.0

Summary of Sales by Product Line
The tables below provide a summary of the sales by product line for the Instrumentation segment (in millions):
Instrumentation:
 
2016
 
2015
 
2014
Environmental Instrumentation
 
$
270.1

 
$
268.7

 
$
268.4

Marine Instrumentation
 
418.7

 
614.0

 
654.8

Test and Measurement Instrumentation
 
187.9

 
168.4

 
192.3

Total
 
$
876.7

 
$
1,051.1

 
$
1,115.5