Segment Information (Tables)

9 Months Ended

Sep. 27, 2019

Segment Reporting [Abstract]

Segment Reporting - Operations and Assets

Sales and operating earnings by segment were as follows (in thousands): 

	Three Months Ended						Nine Months Ended
	September 27, 2019			September 28, 2018			September 27, 2019			September 28, 2018
Net Sales
Industrial	$	175,016		$	195,855		$	552,623		$	581,510
Process	84,090			84,556			256,048			249,650
Contractor	141,449			135,525			425,082			415,694
Total	$	400,555		$	415,936		$	1,233,753		$	1,246,854
Operating Earnings
Industrial	$	57,023		$	70,572		$	186,654		$	206,727
Process	18,194			17,862			56,586			52,629
Contractor	34,005			32,739			100,598			102,532
Unallocated corporate (expense)	(5,823		)	(6,394		)	(23,551		)	(22,035		)
Total	$	103,399		$	114,779		$	320,287		$	339,853

Assets by segment were as follows (in thousands): 

	September 27, 2019		December 28, 2018
Industrial	$	611,075	$	640,683
Process	375,933		350,306
Contractor	370,707		283,727
Unallocated corporate	279,709		198,025
Total	$	1,637,424	$	1,472,741

Segment Reporting - Geographic

Geographic information follows (in thousands):

	Three Months Ended				Nine Months Ended
	September 27, 2019		September 28, 2018		September 27, 2019		September 28, 2018
Net Sales (based on customer location)
United States	$	214,468	$	208,269	$	638,918	$	614,592
Other countries	186,087		207,667		594,835		632,262
Total	$	400,555	$	415,936	$	1,233,753	$	1,246,854

	September 27, 2019		December 28, 2018
Long-lived Assets
United States	$	253,039	$	178,331
Other countries	55,617		50,964
Total	$	308,656	$	229,295