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Quarterly Financial Data (Unaudited)
 12 Months Ended
Jan. 03, 2021
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited) Quarterly Financial Data (Unaudited)
Fiscal Year 2020 (a) (in millions, except per-share amounts)
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
Net Sales$784.6 $743.3 $749.0 $809.3 
Costs and expenses
Cost of sales492.6 460.6 458.5 493.6 
Selling, general and administrative expenses 188.0 172.9 168.0 171.9 
Total costs and expenses680.6 633.5 626.5 665.5 
Operating income104.0 109.8 122.5 143.8 
Interest and debt expense, net(4.1)(3.7)(4.1)(3.4)
Non-service retirement benefit income2.5 3.2 3.2 3.2 
Other expense, net (1.4)(1.4)(1.9)(2.5)
Income before income taxes101.0 107.9 119.7 141.1 
Provision for income taxes (b) 18.8 14.2 25.8 9.0 
Net income$82.2 $93.7 $93.9 $132.1 
Basic earnings per common share$2.25 $2.55 $2.55 $3.58 
 
Diluted earnings per common share$2.17 $2.48 $2.48 $3.48 
a) Fiscal year 2020 was a 53-week fiscal-year, each quarter contained 13 weeks except the fourth quarter which contained 14 weeks..
b) Includes $4.2 million in net discrete income tax benefits in the first quarter, $10.4 million in net discrete income tax benefits in the second quarter, $1.2 million in net discrete income tax benefits the third quarter and $18.8 million in net discrete income tax benefits in the fourth quarter.

Fiscal Year 2020 (in millions)
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
Net Sales:
Instrumentation$285.1 $263.1 $263.5 $282.8 
Digital Imaging246.7 237.6 239.7 262.0 
Aerospace and Defense Electronics156.3 143.1 144.8 145.2 
Engineered Systems96.5 99.5 101.0 119.3 
Total net sales$784.6 $743.3 $749.0 $809.3 
Operating income:
Instrumentation$50.8 $48.5 $50.7 $63.2 
Digital Imaging 43.8 46.8 45.5 56.7 
Aerospace and Defense Electronics13.4 17.5 26.7 23.2 
Engineered Systems11.4 10.8 12.5 15.4 
Corporate expense(15.4)(13.8)(12.9)(14.7)
Total operating income$104.0 $109.8 $122.5 $143.8 
Fiscal Year 2019 (a) (in millions, except per-share amounts)
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
Net Sales$745.2 $782.0 $802.2 $834.2 
Costs and expenses
Cost of sales463.9 463.6 487.7 505.1 
Selling, general and administrative expenses 184.0 186.5 185.8 195.3 
Total costs and expenses647.9 650.1 673.5 700.4 
Operating income97.3 131.9 128.7 133.8 
Interest and debt expense, net (5.4)(5.4)(5.5)(4.7)
Non-service retirement benefit income2.2 2.0 1.9 1.9 
Other expense, net(1.2)(0.6)(1.7)(1.5)
Income before income taxes92.9 127.9 123.4 129.5 
Provision for income taxes (b)17.6 23.3 16.7 13.8 
Net income$75.3 $104.6 $106.7 $115.7 
Basic earnings per common share$2.09 $2.89 $2.93 $3.17 
 
Diluted earnings per common share$2.02 $2.80 $2.84 $3.06 
a) Fiscal year 2019 was a 52-week fiscal-year, each quarter contained 13 weeks.
b) Includes $3.1 million in net discrete income tax benefits in the first quarter, $4.3 million in net discrete income tax benefits in the second quarter, $10.4 million in net discrete income tax benefits the third quarter and $8.3 million in net discrete income tax benefits in the fourth quarter.

Fiscal Year 2019 (in millions)
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
Net Sales:
Instrumentation$256.5 $264.1 $282.9 $301.6 
Digital Imaging232.4 248.4 244.0 268.1 
Aerospace and Defense Electronics166.6 176.0 177.1 170.4 
Engineered Systems89.7 93.5 98.2 94.1 
Total net sales$745.2 $782.0 $802.2 $834.2 
Operating income:
Instrumentation$39.9 $49.0 $52.0 $59.5 
Digital Imaging 36.6 51.6 41.2 47.1 
Aerospace and Defense Electronics 32.5 38.6 39.5 32.8 
Engineered Systems6.4 9.0 10.6 10.5 
Corporate expense(18.1)(16.3)(14.6)(16.1)
Total operating income$97.3 $131.9 $128.7 $133.8