Industry Segments (Tables)

12 Months Ended

Dec. 29, 2012

Industry Segments [Abstract]

Net Sales by Major Product Line

Net Sales by Major Product Line:

(In thousands)	2012		2011		2010
Tube and fittings	$	986,825	$	1,082,150	$	898,615
Brass rod and forgings		583,940		662,369		581,660
OEM components, tube & assemblies		335,461		401,623		327,092
Valves and plumbing specialties		231,278		217,985		204,074
Other		52,434		53,670		48,356
	$	2,189,938	$	2,417,797	$	2,059,797

Geographic Information

Geographic Information:

(In thousands)	2012		2011		2010
Net sales:
United States	$	1,696,589	$	1,830,001	$	1,567,606
United Kingdom		234,684		272,809		214,643
Other		258,665		314,987		277,548
	$	2,189,938	$	2,417,797	$	2,059,797

(In thousands)	2012		2011		2010
Long-lived assets:
United States	$	306,023	$	267,060	$	289,714
United Kingdom		23,496		23,962		24,088
Other		27,442		29,883		32,880
	$	356,961	$	320,905	$	346,682

Summary of segment information

Segment Information:

	For the Year Ended December 29, 2012
(In thousands)	Plumbing & Refrigeration Segment			OEM Segment		Corporate and Eliminations			Total
Net sales	$	1,238,230		$	974,606	$	(22,898	)	$	2,189,938
Cost of goods sold		1,060,755			866,404		(22,696	)		1,904,463
Depreciation and amortization		16,513			13,435		1,547			31,495
Selling, general, and administrative expense		75,448			27,680		26,328			129,456
Litigation settlement		—			—		(4,050	)		(4,050	)
Insurance settlement		(1,500	)		—		—			(1,500	)
Severance		—			—		3,369			3,369
Operating income		87,014			67,087		(27,396	)		126,705
Interest expense										(6,890	)
Other expense, net										539
Income before income taxes									$	120,354

	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

	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

Segment Information by Assets

(In thousands)	2012		2011		2010
Expenditures for long-lived assets (including business acquisitions):
Plumbing & Refrigeration	$	24,030	$	12,686	$	13,774
OEM		27,066		12,586		6,684
General corporate		17,290		361		241
	$	68,386	$	25,633	$	20,699
Segment assets:
Plumbing & Refrigeration	$	531,429	$	532,458	$	574,671
OEM		290,058		296,997		296,978
General corporate		282,668		518,149		387,347
	$	1,104,155	$	1,347,604	$	1,258,996