Industry Segments (Tables)

12 Months Ended

Dec. 31, 2011

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Net Sales by Major Product Line

Net Sales by Major Product Line:

(In thousands)	2011		2010		2009
Tube and fittings	$	1,082,150	$	898,615	$	686,102
Brass rod and forgings		662,369		581,660		418,376
OEM components, tube & assemblies		401,623		327,092		213,905
Valves and plumbing specialties		217,985		204,074		198,333
Other		53,670		48,356		30,509
	$	2,417,797	$	2,059,797	$	1,547,225

Geographic Information

Geographic Information:

(In thousands)	2011		2010		2009
Net sales:
United States	$	1,830,001	$	1,567,606	$	1,208,757
United Kingdom		272,809		214,643		173,223
Other		314,987		277,548		165,245
	$	2,417,797	$	2,059,797	$	1,547,225
Long-lived assets:
United States	$	267,060	$	289,714	$	309,986
United Kingdom		23,962		24,088		27,312
Other		29,883		32,880		34,000
	$	320,905	$	346,682	$	371,298

Segment Information

Segment Information:

	For the Year Ended December 31, 2011
(In thousands)	Plumbing & Refrigeration Segment		OEM Segment		Corporate and Eliminations			Total
Net sales	$	1,330,435	$	1,119,796	$	(32,434	)	$	2,417,797
Cost of goods sold		1,139,932		1,007,654		(31,909	)		2,115,677
Depreciation and amortization		20,947		14,634		1,284			36,865
Selling, general, and administrative expense		84,795		24,838		26,320			135,953
Litigation settlement		-		-		(10,500	)		(10,500	)
Operating income		84,761		72,670		(17,629	)		139,802
Interest expense									(11,553	)
Other expense, net									1,912
Income before income taxes								$	130,161

Segment Information (continued):

	For the Year Ended December 25, 2010
(In thousands)	Plumbing & Refrigeration Segment			OEM Segment		Corporate and Eliminations			Total
Net sales	$	1,115,614		$	958,855	$	(14,672	)	$	2,059,797
Cost of goods sold		951,170			837,649		(14,008	)		1,774,811
Depreciation and amortization		24,940			14,300		1,124			40,364
Selling, general, and administrative expense		78,573			26,789		25,849			131,211
Insurance settlements		(22,736	)		-		-			(22,736	)
Operating income		83,667			80,117		(27,637	)		136,147
Interest expense										(11,647	)
Other expense, net										(2,650	)
Income before income taxes									$	121,850

	For the Year Ended December 26, 2009
(In thousands)	Plumbing & Refrigeration Segment		OEM Segment		Corporate and Eliminations			Total
Net sales	$	892,071	$	664,088	$	(8,934	)	$	1,547,225
Cost of goods sold		744,880		590,361		(8,219	)		1,327,022
Depreciation and amortization		26,289		14,208		1,071			41,568
Selling, general, and administrative expense		74,397		20,501		21,762			116,660
Impairment charges		19,462		10,293		-			29,755
Operating income		27,043		28,725		(23,548	)		32,220
Interest expense									(9,963	)
Other income, net									872
Income before income taxes								$	23,129

Segment Information by Assets

(In thousands)	2011		2010		2009
Expenditures for long-lived assets (including business acquisitions):
Plumbing & Refrigeration	$	12,686	$	13,774	$	7,876
OEM		12,586		6,684		6,066
General corporate		361		241		-
	$	25,633	$	20,699	$	13,942
Segment assets:
Plumbing & Refrigeration	$	532,458	$	574,671	$	542,834
OEM		296,997		296,978		284,480
General corporate		518,149		387,347		352,827
	$	1,347,604	$	1,258,996	$	1,180,141