XML 39 R30.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Information (Tables)
9 Months Ended
Oct. 03, 2015
Notes To Financial Statements [Abstract]  
Net Sales Summary By Segment
Net Sales Summary
(dollars in thousands)
 
Three Months Ended
 
Nine Months Ended
 
Oct 3, 2015
 
Sep 27, 2014
 
Oct 3, 2015
 
Sep 27, 2014
 
Sales
 
Percent
 
Sales
 
Percent
 
Sales
 
Percent
 
Sales
 
Percent
Business Segments:
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
Commercial Foodservice
$
290,885

 
64.8
%
 
$
262,805

 
65.0
%
 
$
841,932

 
65.2
%
 
$
760,754

 
63.3
%
Food Processing
74,178

 
16.5

 
75,219

 
18.6

 
215,910

 
16.7

 
240,748

 
20.0

Residential Kitchen
83,941

 
18.7

 
66,265

 
16.4

 
234,049

 
18.1

 
200,041

 
16.7

    Total
$
449,004

 
100.0
%
 
$
404,289

 
100.0
%
 
$
1,291,891

 
100.0
%
 
$
1,201,543

 
100.0
%
Schedule of Segment Reporting Information, by Segment
The following table summarizes the results of operations for the company's business segments(1) (in thousands):
 
Commercial
 Foodservice

 
Food Processing

 
Residential Kitchen

 
Corporate
and Other(2)

 
Total

Three Months Ended October 3, 2015
 

 
 

 
 
 
 

 
 

Net sales
$
290,885

 
$
74,178

 
$
83,941

 
$

 
$
449,004

Income (loss) from operations
77,245

 
14,048

 
6,404

 
(17,667
)
 
80,030

Depreciation and amortization expense
2,414

 
24

 
8,677

 
708

 
11,823

Net capital expenditures
2,801

 
(607
)
 
4,231

 
(117
)
 
6,308

 
 
 
 
 
 
 
 
 
 
Nine Months Ended October 3, 2015
 
 
 
 
 
 
 
 
 
Net sales
$
841,932

 
$
215,910

 
$
234,049

 
$

 
$
1,291,891

Income (loss) from operations
218,587

 
41,534

 
20,446

 
(50,597
)
 
229,970

Depreciation and amortization expense
12,707

 
5,006

 
15,066

 
1,204

 
33,983

Net capital expenditures
10,721

 
1,530

 
5,600

 
141

 
17,992

 
 
 
 
 
 
 
 
 
 
Total assets
$
1,114,479

 
$
313,109

 
$
1,192,147

 
$
91,044

 
$
2,710,779

 
 
 
 
 
 
 
 
 
 
Three Months Ended September 27, 2014
 

 
 

 
 
 
 

 
 

Net sales
$
262,805

 
$
75,219

 
$
66,265

 
$

 
$
404,289

Income (loss) from operations
71,775

 
15,485

 
6,624

 
(7,419
)
 
86,465

Depreciation and amortization expense
4,928

 
2,091

 
3,201

 
400

 
10,620

Net capital expenditures
1,616

 
944

 
506

 
55

 
3,121

 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 27, 2014
 
 
 
 
 
 
 
 
 
Net sales
$
760,754

 
$
240,748

 
$
200,041

 
$

 
$
1,201,543

Income (loss) from operations
196,480

 
44,595

 
11,618

 
(34,556
)
 
218,137

Depreciation and amortization expense
14,715

 
6,461

 
9,524

 
1,234

 
31,934

Net capital expenditures
6,082

 
2,745

 
1,225

 
55

 
10,107

 
 
 
 
 
 
 
 
 
 
Total assets
$
1,040,061

 
$
305,585

 
$
494,661

 
$
73,610

 
$
1,913,917

 
 
 
 
 
 
 
 
 
 

(1)Non-operating expenses are not allocated to the operating segments. Non-operating expenses consist of interest expense and deferred financing amortization, foreign exchange gains and losses and other income and expense items outside of income from operations.
(2)Includes corporate and other general company assets and operations.
Schedule of Entity-Wide Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country
Long-lived assets, not including goodwill and other intangibles (in thousands):
 
Oct 3, 2015
 
Sep 27, 2014
United States and Canada
$
149,260

 
$
126,995

Asia
16,188

 
5,436

Europe and Middle East
73,636

 
16,208

Latin America
1,032

 
1,771

Total international
$
90,856

 
$
23,415

 
$
240,116

 
$
150,410

Schedule of Entity-Wide Information, Revenue from External Customers by Products and Services
Net sales (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
Oct 3, 2015

 
Sep 27, 2014

 
Oct 3, 2015

 
Sep 27, 2014

United States and Canada
$
329,357

 
$
279,241

 
$
953,380

 
$
833,715

Asia
34,900

 
36,753

 
119,812

 
116,836

Europe and Middle East
68,734

 
59,697

 
168,858

 
174,938

Latin America
16,013

 
28,598

 
49,841

 
76,054

Total international
$
119,647

 
$
125,048

 
$
338,511

 
$
367,828

 
$
449,004

 
$
404,289

 
$
1,291,891

 
$
1,201,543