Industry Segments (Tables)

6 Months Ended

Jun. 28, 2014

Industry Segments [Abstract]

Summary of segment information

	For the Quarter Ended June 28, 2014
(In thousands)	Plumbing & Refrigeration Segment		OEM Segment		Corporate and Eliminations			Total
Net sales	$	397,190	$	255,409	$	(2,908	)	$	649,691
Cost of goods sold		336,256		224,392		(2,873	)		557,775
Depreciation and amortization		5,096		2,892		604			8,592
Selling, general, and administrative expense		23,508		4,909		6,703			35,120
Operating income		32,330		23,216		(7,342	)		48,204
Interest expense									(1,457	)
Other income, net									127
Income before income taxes								$	46,874

	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 Six Months Ended June 28, 2014
(In thousands)	Plumbing & Refrigeration Segment		OEM Segment		Corporate and Eliminations			Total
Net sales	$	735,217	$	495,439	$	(6,591	)	$	1,224,065
Cost of goods sold		625,281		434,795		(6,524	)		1,053,552
Depreciation and amortization		9,516		5,975		1,208			16,699
Selling, general, and administrative expense		44,205		10,167		12,931			67,303
Operating income		56,215		44,502		(14,206	)		86,511
Interest expense									(2,483	)
Other income, net									215
Income before income taxes								$	84,243

	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