Industry Segments (Tables)

9 Months Ended

Oct. 01, 2011

Industry Segments [Abstract]

Segment Information

Summarized segment information is as follows:

	For the Quarter Ended October 1, 2011
	Plumbing & Refrigeration Segment		OEM Segment		Corporate and Eliminations			Total
(In thousands)
Net sales	$	325,776	$	266,560	$	(6,527	)	$	585,809
Cost of goods sold		285,242		245,223		(6,481	)		523,984
Depreciation and amortization		4,859		3,519		338			8,716
Selling, general, and administrative expense		21,791		5,646		6,808			34,245
Operating income	$	13,884	$	12,172	$	(7,192	)		18,864
Interest expense									(2,822	)
Other income, net									102
Income before income taxes								$	16,144

Segment information (continued):

	For the Quarter Ended September 25, 2010
	Plumbing & Refrigeration Segment		OEM Segment		Corporate and Eliminations			Total
(In thousands)
Net sales	$	282,735	$	228,981	$	(4,476	)	$	507,240
Cost of goods sold		245,013		196,894		(4,310	)		437,597
Depreciation and amortization		6,082		3,594		258			9,934
Selling, general, and administrative expense		20,117		5,499		3,194			28,810
Insurance settlement		12		—		—			12
Operating income	$	11,511	$	22,994	$	(3,618	)		30,887
Interest expense									(3,072	)
Other income, net									30
Income before income taxes								$	27,845

	For the Nine Months Ended October 1, 2011
	Plumbing & Refrigeration Segment		OEM Segment		Corporate and Eliminations			Total
(In thousands)
Net sales	$	1,053,434	$	899,982	$	(27,003	)	$	1,926,413
Cost of goods sold		904,470		809,959		(26,694	)		1,687,735
Depreciation and amortization		16,042		10,590		949			27,581
Selling, general, and administrative expense		64,565		18,799		19,580			102,944
Litigation settlement		—		—		(10,500	)		(10,500	)
Operating income	$	68,357	$	60,634	$	(10,338	)		118,653
Interest expense									(9,004	)
Other income, net									1,425
Income before income taxes								$	111,074

Segment information (continued):

	For the Nine Months Ended September 25, 2010
	Plumbing & Refrigeration Segment			OEM Segment		Corporate and Eliminations			Total
(In thousands)
Net sales	$	825,114		$	718,965	$	(11,183	)	$	1,532,896
Cost of goods sold		695,987			631,988		(10,685	)		1,317,290
Depreciation and amortization		18,895			10,700		777			30,372
Selling, general, and administrative expense		59,806			20,220		19,575			99,601
Insurance settlement		(21,284	)		—		—			(21,284	)
Operating income	$	71,710		$	56,057	$	(20,850	)		106,917
Interest expense										(8,568	)
Other expense, net										(2,348	)
Income before income taxes									$	96,001