Segment Information

6 Months Ended

Jun. 24, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company has three reportable segments, Industrial, Process and Contractor. Sales and operating earnings by segment were as follows (in thousands): 

	Thirteen Weeks Ended						Twenty-six Weeks Ended
	June 24, 2016			June 26, 2015			June 24, 2016			June 26, 2015
Net Sales
Industrial	$	156,997		$	153,502		$	304,085		$	296,768
Process	64,706			71,946			128,991			139,627
Contractor	126,423			110,041			219,962			205,547
Total	$	348,126		$	335,489		$	653,038		$	641,942
Operating Earnings
Industrial	$	51,052		$	50,738		$	96,846		$	93,678
Process	7,634			13,988			14,911			24,486
Contractor	29,364			27,040			46,107			46,415
Unallocated corporate (expense)	(9,708		)	(7,875		)	(18,573		)	(15,457		)
Total	$	78,342		$	83,891		$	139,291		$	149,122

Assets by segment were as follows (in thousands): 

	June 24, 2016		December 25, 2015
Industrial	$	563,914	$	558,799
Process	520,931		481,677
Contractor	228,587		205,632
Unallocated corporate	137,457		145,244
Total	$	1,450,889	$	1,391,352

Geographic information follows (in thousands):

	Thirteen Weeks Ended				Twenty-six Weeks Ended
	June 24, 2016		June 26, 2015		June 24, 2016		June 26, 2015
Net sales (based on customer location)
United States	$	186,284	$	170,921	$	339,285	$	330,249
Other countries	161,842		164,568		313,753		311,693
Total	$	348,126	$	335,489	$	653,038	$	641,942

	June 24, 2016		December 25, 2015
Long-lived assets
United States	$	152,885	$	144,571
Other countries	36,784		33,866
Total	$	189,669	$	178,437