Industry Segments (Tables)

6 Months Ended

Jun. 29, 2013

Industry Segments [Abstract]

Summary of segment information

For the Quarter Ended June 29, 2013
(In thousands)	Plumbing & Refrigeration Segment			OEM Segment		Corporate and Eliminations			Total
Net sales	$	328,673		$	257,044	$	(3,435	)	$	582,282
Cost of goods sold		277,933			226,596		(3,404	)		501,125
Depreciation and amortization		4,443			3,342		543			8,328
Selling, general, and administrative expense		20,382			6,167		8,265			34,814
Insurance settlement		(103,895	)		—		(2,437	)		(106,332	)
Operating income		129,810			20,939		(6,402	)		144,347
Interest expense										(1,101	)
Other income, net										319
Income before income taxes									$	143,565

	For the Quarter Ended June 30, 2012
(In thousands)	Plumbing & Refrigeration Segment		OEM Segment		Corporate and Eliminations			Total
Net sales	$	331,688	$	268,551	$	(6,140	)	$	594,099
Cost of goods sold		285,182		243,646		(5,977	)		522,851
Depreciation and amortization		4,151		3,412		356			7,919
Selling, general, and administrative expense		19,750		6,436		7,301			33,487
Operating income		22,605		15,057		(7,820	)		29,842
Interest expense									(2,721	)
Other income, net									490
Income before income taxes								$	27,611

	For the Six Months Ended June 29, 2013
(In thousands)	Plumbing & Refrigeration Segment			OEM Segment		Corporate and Eliminations			Total
Net sales	$	640,487		$	510,831	$	(9,346	)	$	1,141,972
Cost of goods sold		542,747			450,476		(9,248	)		983,975
Depreciation and amortization		8,689			6,704		1,089			16,482
Selling, general, and administrative expense		40,509			12,389		13,259			66,157
Insurance settlement		(103,895	)		—		(2,437	)		(106,332	)
Operating income		152,437			41,262		(12,009	)		181,690
Interest expense										(1,697	)
Other income, net										3,482
Income before income taxes									$	183,475

	For the Six Months Ended June 30, 2012
(In thousands)	Plumbing & Refrigeration Segment			OEM Segment		Corporate and Eliminations			Total
Net sales	$	647,042		$	539,527	$	(14,802	)	$	1,171,767
Cost of goods sold		550,653			479,846		(14,473	)		1,016,026
Depreciation and amortization		8,296			6,471		681			15,448
Selling, general, and administrative expense		38,730			13,428		12,931			65,089
Insurance settlement		(1,500	)		—		—			(1,500	)
Operating income		50,863			39,782		(13,941	)		76,704
Interest expense										(5,358	)
Other income, net										744
Income before income taxes									$	72,090