Segment Information (Tables)

9 Months Ended

Oct. 02, 2021

Notes To Financial Statements [Abstract]

Net Sales Summary

(dollars in thousands)


	Three Months Ended								Nine Months Ended
	Oct 2, 2021				Sep 26, 2020				Oct 2, 2021				Sep 26, 2020
	Sales		Percent		Sales		Percent		Sales		Percent		Sales		Percent
Business Segments:
Commercial Foodservice	$	511,480	62.6	%	$	371,223	58.5	%	$	1,501,413	63.0	%	$	1,081,847	60.6	%
Food Processing	112,670		13.8		110,648		17.4		355,172		14.9		316,477		17.7
Residential Kitchen	193,395		23.6		152,654		24.1		527,791		22.1		385,637		21.7
Total	$	817,545	100.0	%	$	634,525	100.0	%	$	2,384,376	100.0	%	$	1,783,961	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 October 2, 2021
Net sales	$	511,480	$	112,670	$	193,395	$	—	$	817,545
Income (loss) from operations (2, 3, 6)	105,529		21,425		31,322		75,206		233,482
Depreciation expense	5,793		1,353		3,608		122		10,876
Amortization expense (5)	12,822		1,773		3,589		1,570		19,754
Net capital expenditures	6,391		1,106		2,127		797		10,421

Nine Months Ended October 2, 2021
Net sales	$	1,501,413	$	355,172	$	527,791	$	—	$	2,384,376
Income (loss) from operations (2, 3, 4, 6)	311,789		68,048		95,088		16,447		491,372
Depreciation expense	17,579		4,005		9,120		476		31,180
Amortization expense (5)	42,272		5,450		7,145		4,625		59,492
Net capital expenditures	17,599		3,539		7,256		1,338		29,732

Total assets	$	3,498,696	$	640,229	$	1,578,857	$	55,069	$	5,772,851

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 (5)	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 (5)	38,257		5,494		7,627		1,713		53,091
Net capital expenditures	22,152		3,115		4,089		420		29,776

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

(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):


	Oct 2, 2021		Sep 26, 2020
United States and Canada	$	337,790	$	321,159
Asia	33,783		22,857
Europe and Middle East	204,696		152,914
Latin America	8,062		6,111
Total international	$	246,541	$	181,882
	$	584,331	$	503,041