XML 51 R41.htm IDEA: XBRL DOCUMENT v3.23.1
Acquisitions and Purchase Accounting Estimated Fair Value of Assets Acquired and Liabilities Assumed - 2022 Acquisitions (Details) - USD ($)
$ in Thousands
3 Months Ended
Apr. 01, 2023
Dec. 31, 2022
Business Acquisition [Line Items]    
Goodwill $ 2,429,167 $ 2,411,834
Business Combination, Contingent Consideration, Liability 21,178 20,529
Food Processing Group    
Business Acquisition [Line Items]    
Goodwill 352,789 350,303
Commercial Foodservice Equipment Group    
Business Acquisition [Line Items]    
Goodwill 1,315,887 1,309,776
Residential Kitchen    
Business Acquisition [Line Items]    
Goodwill 760,491 $ 751,755
2022 Acquisitions    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents 26,019  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets 112,281  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment 45,307  
Goodwill 145,160  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 95,359  
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets 530  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets 4,459  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-Term Debt (20,687)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities (58,637)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt (7,966)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities 21,279  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other (25,798)  
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net 294,748  
Business Combination, Contingent Consideration, Liability 23,074  
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net 317,822  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net (20,700)  
Business Acquisition, Goodwill, Expected Tax Deductible Amount 20,700  
Business Combination, Intangible Assets, Other than Goodwill, Expected Tax Deductible Amount 11,800  
2022 Acquisitions | Tradenames And Trademarks    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 42,900  
2022 Acquisitions | Customer Relationships    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill $ 37,700  
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 7 years  
2022 Acquisitions | Developed Technology Rights    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill $ 6,300  
2022 Acquisitions | Backlog    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 8,400  
2022 Acquisitions | Book and tax difference, identifiable intangible assets    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net 19,600  
2022 Acquisitions | Book and tax difference, identifiable tangible assets and liabilities    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net 1,100  
2022 Acquisitions | Food Processing Group    
Business Acquisition [Line Items]    
Goodwill 112,000  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 59,100  
2022 Acquisitions | Commercial Foodservice Equipment Group    
Business Acquisition [Line Items]    
Goodwill 30,900  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 35,500  
2022 Acquisitions | Residential Kitchen    
Business Acquisition [Line Items]    
Goodwill 2,300  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill $ 800  
2022 Acquisitions | Minimum | Developed Technology Rights    
Business Acquisition [Line Items]    
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 5 years  
2022 Acquisitions | Minimum | Backlog    
Business Acquisition [Line Items]    
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 3 months  
2022 Acquisitions | Maximum | Developed Technology Rights    
Business Acquisition [Line Items]    
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 10 years  
2022 Acquisitions | Maximum | Backlog    
Business Acquisition [Line Items]    
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 6 months  
2023 Acquisitions    
Business Acquisition [Line Items]    
Business Combination, Contingent Consideration, Liability $ 700  
2023 Acquisitions | Tradenames And Trademarks    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 3,000  
2023 Acquisitions | Customer Relationships    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill $ 2,400  
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 7 years  
2023 Acquisitions | Developed Technology Rights    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill $ 5,800  
2023 Acquisitions | Commercial Foodservice Equipment Group    
Business Acquisition [Line Items]    
Goodwill 3,100  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill $ 11,200  
2023 Acquisitions | Minimum | Developed Technology Rights    
Business Acquisition [Line Items]    
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 7 years  
2023 Acquisitions | Maximum | Developed Technology Rights    
Business Acquisition [Line Items]    
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 12 years  
Initial accounting | 2022 Acquisitions    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents $ 25,860  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets 115,264  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment 44,598  
Goodwill 139,633  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 93,147  
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets 426  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets 1,420  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-Term Debt (22,841)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities (57,158)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt (5,646)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities 23,137  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other (19,061)  
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net 292,505  
Business Combination, Contingent Consideration, Liability 19,105  
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net 311,610  
Initial accounting | 2023 Acquisitions    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents 851  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets 2,668  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment 955  
Goodwill 3,149  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 11,221  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities (644)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other (741)  
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net 17,459  
Business Combination, Contingent Consideration, Liability 741  
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net 18,200  
Measurement period adjustment | 2022 Acquisitions    
Business Acquisition [Line Items]    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents 159  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets (2,983)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment 709  
Goodwill 5,527  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill 2,212  
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets 104  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets 3,039  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-Term Debt 2,154  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities (1,479)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-Term Debt (2,320)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities (1,858)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other (6,737)  
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net 2,243  
Business Combination, Contingent Consideration, Liability 3,969  
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net $ 6,212