Segment Information

3 Months Ended

Mar. 31, 2017

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): 

	Three Months Ended
	March 31, 2017			March 25, 2016
Net Sales
Industrial	$	156,390		$	147,088
Process	70,029			64,285
Contractor	114,171			93,539
Total	$	340,590		$	304,912
Operating Earnings
Industrial	$	53,735		$	45,794
Process	13,463			7,277
Contractor	26,019			16,743
Unallocated corporate (expense)	(7,396		)	(8,865		)
Total	$	85,821		$	60,949

Assets by segment were as follows (in thousands): 

	March 31, 2017		December 30, 2016
Industrial	$	556,290	$	546,366
Process	324,378		318,444
Contractor	244,759		208,016
Unallocated corporate	188,423		170,283
Total	$	1,313,850	$	1,243,109

Geographic information follows (in thousands):

	Three Months Ended
	March 31, 2017		March 25, 2016
Net Sales (based on customer location)
United States	$	174,854	$	153,001
Other countries	165,736		151,911
Total	$	340,590	$	304,912

	March 31, 2017		December 30, 2016
Long-lived Assets
United States	$	153,982	$	151,911
Other countries	37,966		37,685
Total	$	191,948	$	189,596