Segment Information (Tables)

9 Months Ended

Sep. 26, 2020

Notes To Financial Statements [Abstract]

Net Sales Summary

(dollars in thousands)


	Three Months Ended								Nine Months Ended
	Sep 26, 2020				Sep 28, 2019				Sep 26, 2020				Sep 28, 2019
	Sales		Percent		Sales		Percent		Sales		Percent		Sales		Percent
Business Segments:
Commercial Foodservice	$	371,223	58.5	%	$	500,990	69.2	%	$	1,081,847	60.6	%	$	1,471,800	67.8	%
Food Processing	110,648		17.4		89,147		12.3		316,477		17.7		279,474		12.9
Residential Kitchen	152,654		24.1		133,877		18.5		385,637		21.7		420,546		19.3
Total	$	634,525	100.0	%	$	724,014	100.0	%	$	1,783,961	100.0	%	$	2,171,820	100.0	%

Schedule of Segment Reporting Information, by Segment

The following table summarizes the results of operations for the company's business segments (in thousands):


	Commercial Foodservice		Food Processing		Residential Kitchen		Corporate and Other (1)		Total
Three Months Ended September 26, 2020
Net sales	$	371,223	$	110,648	$	152,654	$	—	$	634,525
Income (loss) from operations (2)(3)	57,483		22,860		22,626		(16,297)		86,672
Depreciation expense	5,360		1,480		2,965		—		9,805
Amortization expense (4)	12,923		1,794		2,170		692		17,579
Net capital expenditures	5,279		692		794		299		7,064

Nine Months Ended September 26, 2020
Net sales	$	1,081,847	$	316,477	$	385,637	$	—	$	1,783,961
Income (loss) from operations (2)(3)	173,064		57,801		41,860		(41,521)		231,204
Depreciation expense	15,567		4,179		8,742		15		28,503
Amortization expense (4)	38,257		5,494		7,627		1,713		53,091
Net capital expenditures	12,771		3,115		4,089		420		20,395

Total assets	$	3,155,360	$	628,156	$	1,149,550	$	87,118	$	5,020,184

Three Months Ended September 28, 2019
Net sales	$	500,990	$	89,147	$	133,877	$	—	$	724,014
Income (loss) from operations (2)(3)	105,099		13,349		17,850		(14,953)		121,345
Depreciation expense	5,413		1,158		2,897		8		9,476
Amortization expense (4)	12,230		2,616		2,413		402		17,661
Net capital expenditures	5,852		3,212		3,125		—		12,189

Nine Months Ended September 28, 2019
Net sales	$	1,471,800	$	279,474	$	420,546	$	—	$	2,171,820
Income (loss) from operations (2)(3)	313,482		44,477		57,220		(53,166)		362,013
Depreciation expense	15,714		3,498		8,697		105		28,014
Amortization expense (4)	34,519		6,223		7,308		1,208		49,258
Net capital expenditures	19,065		5,289		7,061		2,404		33,819

Total assets	$	3,162,315	$	606,186	$	1,129,935	$	30,092	$	4,928,528

(1)Includes corporate and other general company assets and operations.

(2)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.

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):


	Sep 26, 2020		Sep 28, 2019
United States and Canada	$	321,159	$	309,117
Asia	22,857		21,668
Europe and Middle East	152,914		139,486
Latin America	6,111		8,030
Total international	$	181,882	$	169,184
	$	503,041	$	478,301