Segment Information (Tables)

3 Months Ended

Apr. 02, 2022

Notes To Financial Statements [Abstract]

Net Sales Summary

(dollars in thousands)


	Three Months Ended
		Apr 2, 2022	Apr 3, 2021
			Sales		Percent		Sales		Percent
Business Segments:
Commercial Foodservice			$	543,653	54.7	%	$	481,155	63.5	%
Food Processing			119,943		12.0		112,494		14.8
Residential Kitchen			331,080		33.3		164,409		21.7
Total			$	994,676	100.0	%	$	758,058	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 April 2, 2022
Net sales	$	543,653	$	119,943	$	331,080	$	—	$	994,676
Income (loss) from operations (2, 3)	109,718		20,112		24,946		(32,212)		122,564
Depreciation expense	5,872		1,325		3,985		190		11,372
Amortization expense (5)	13,649		1,787		18,129		1,805		35,370
Net capital expenditures	5,564		3,087		5,541		305		14,497

Total assets	$	3,596,857	$	654,766	$	2,127,119	$	95,423	$	6,474,165








Three Months Ended April 3, 2021
Net sales	$	481,155	$	112,494	$	164,409	$	—	$	758,058
Income (loss) from operations (2, 3, 4)	96,316		19,662		29,856		(24,661)		121,173
Depreciation expense	5,793		1,315		2,774		255		10,137
Amortization expense (5)	15,204		1,843		1,772		1,476		20,295
Net capital expenditures	5,195		928		2,256		346		8,725

Total assets	$	3,283,354	$	632,746	$	1,213,045	$	160,768	$	5,289,913

(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):


	Apr 2, 2022		Apr 3, 2021
United States and Canada	$	401,182	$	332,387

Asia	19,626		18,747
Europe and Middle East	147,005		182,577
Latin America	10,934		6,155
Total international	$	177,565	$	209,785
	$	578,747	$	539,865