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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 30, 2023
Accounting Policies [Abstract]  
Schedule of Inventory, Current Inventories at December 30, 2023 and December 31, 2022 are as follows (in thousands):
 
 20232022
Raw materials and parts$495,488 $595,325 
Work in process80,102 86,083 
Finished goods360,277 396,321 
 $935,867 $1,077,729 
Property, Plant and Equipment
Property, plant and equipment are carried at cost as follows (in thousands):
 20232022
Land$73,060 $65,794 
Building and improvements346,527 306,004 
Furniture and fixtures69,438 59,438 
Machinery and equipment361,401 311,864 
 850,426 743,100 
Less accumulated depreciation(339,528)(299,572)
 $510,898 $443,528 
Schedule Of Useful Lives For Property Plant Equipment
Following is a summary of the estimated useful lives:
Description Life
Building and improvements 
20 to 40 years
Furniture and fixtures 
3 to 7 years
Machinery and equipment 
3 to 10 years
Schedule of Goodwill
Goodwill is allocated to the business segments as follows (in thousands):
Commercial
Foodservice		Food
Processing		Residential KitchenTotal
Balance as of January 1, 2022$1,298,369 $237,433 $707,667 $2,243,469 
Goodwill acquired during the year30,107 112,254 2,266 144,627 
Measurement period adjustments to goodwill acquired in prior year923 — 75,344 76,267 
Exchange effect(19,623)616 (33,522)(52,529)
Balance as of December 31, 2022$1,309,776 $350,303 $751,755 $2,411,834 
Goodwill acquired during the year9,640 17,922 13,586 41,148 
Measurement period adjustments to goodwill acquired in prior year4,825 1,540 6,365 
Exchange effect4,815 5,452 16,696 26,963 
Balance as of December 30, 2023$1,329,056 $375,217 $782,037 $2,486,310 
Schedule Of Intangible Assets By Major Class
Intangible assets consist of the following (in thousands):
 December 30, 2023December 31, 2022
Estimated
Weighted Avg
Remaining
Life		Gross
Carrying
Amount		Accumulated
Amortization		Estimated
Weighted Avg
Remaining
Life		Gross
Carrying
Amount		Accumulated
Amortization
Amortized intangible assets:       
Customer relationships7.0$845,326 $(529,533)7.6$839,811 $(460,885)
Backlog0.0— — 0.18,301 (6,352)
Developed technology8.398,593 (44,546)8.379,763 (35,797)
  $943,919 $(574,079) $927,875 $(503,034)
Indefinite-lived intangible assets:      
Trademarks and trade names $1,323,236   $1,369,391  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated future amortization expense of intangible assets is as follows (in thousands):
2024$63,606 
202557,400 
202654,208 
202745,687 
202839,380 
2029 and thereafter109,559 
 $369,840 
Schedule of Accrued Liabilities
Accrued expenses consist of the following at December 30, 2023 and December 31, 2022, respectively (in thousands):
 
 20232022
Contract liabilities$118,681 $185,824 
Accrued payroll and related expenses121,514 122,861 
Accrued warranty89,039 82,096 
Accrued customer rebates59,267 70,706 
Accrued short-term leases26,417 25,250 
Accrued sales and other tax24,568 24,044 
Accrued professional fees18,461 19,541 
Accrued contingent consideration17,791 20,529 
Accrued agent commission16,956 17,381 
Accrued product liability and workers compensation11,169 11,326 
Other accrued expenses75,329 91,769 
 $579,192 $671,327 
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the components of accumulated other comprehensive income (loss) as reported in the consolidated balance sheets (in thousands):
 20232022
Unrecognized pension benefit costs, net of tax of $3,998 and $(1,995)
$(109,713)$(121,701)
Unrealized gain on interest rate swap, net of tax of $11,198 and $16,836
32,005 48,574 
Currency translation adjustments(145,490)(205,345)
 $(223,198)$(278,472)
 
Changes in accumulated other comprehensive income (loss) (1) were as follows (in thousands):
Currency Translation AdjustmentPension Benefit CostsUnrealized Gain/(Loss) Interest Rate SwapUnrealized Loss Certain InvestmentsTotal
Balance as of January 1, 2022$(97,654)$(249,696)$(13,064)1,330 $(359,084)
Other comprehensive income before reclassification(107,691)117,840 58,135 (1,330)66,954 
Amounts reclassified from accumulated other comprehensive income— 10,155 3,503 — 13,658 
Net current-period other comprehensive income$(107,691)$127,995 $61,638 (1,330)$80,612 
Balance as of December 31, 2022$(205,345)$(121,701)$48,574 $— $(278,472)
Other comprehensive income before reclassification59,855 11,392 15,652 — 86,899 
Amounts reclassified from accumulated other comprehensive income— 596 (32,221)— (31,625)
Net current-period other comprehensive income$59,855 $11,988 $(16,569)$— $55,274 
Balance as of December 30, 2023$(145,490)$(109,713)$32,005 $— $(223,198)
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The company’s financial assets and liabilities that are measured at fair value are categorized using the fair value hierarchy at December 30, 2023 and December 31, 2022 are as follows (in thousands):
Fair Value
Level 1		Fair Value
Level 2		Fair Value
Level 3		Total
As of December 30, 2023    
Financial Assets:    
Interest rate swaps$— $42,779 $— $42,779 
Foreign exchange derivative contracts$— $29 $— $29 
Financial Liabilities:    
Contingent consideration$— $— $51,538 $51,538 
As of December 31, 2022    
Financial Assets:
Interest rate swaps$— $64,985 $— $64,985 
Financial Liabilities:    
Contingent consideration$— $— $47,242 $47,242 
Foreign exchange derivative contracts$— $474 $— $474 
Schedule of Product Warranty Liability
A rollforward of the warranty reserve for the fiscal years 2023 and 2022 are as follows (in thousands):
 20232022
Beginning balance$82,096 $80,215 
Warranty reserve related to acquisitions595 3,607 
Warranty expense89,122 70,774 
Warranty claims paid(82,774)(72,500)
Ending balance$89,039 $82,096 
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings
The following table represents changes in the fair value of the contingent consideration liabilities for the fiscal years 2023 and 2022:

December 30, 2023December 31, 2022
Beginning balance$47,242 $34,983 
Payments of contingent consideration(6,871)(5,103)
New contingent consideration15,534 22,299 
Changes in fair value(4,367)(4,937)
Ending balance$51,538 $47,242