Segment Information (Tables)

6 Months Ended

Jul. 01, 2017

Segment Reporting [Abstract]

Summary of Segment Information

Summarized segment information is as follows:

	For the Quarter Ended July 1, 2017
(In thousands)	Piping Systems		Industrial Metals		Climate		Corporate and Eliminations			Total
Net sales	$	422,844	$	154,504	$	36,636	$	282		$	614,266
Cost of goods sold	364,261		132,972		27,449		(371		)	524,311
Depreciation and amortization	5,591		1,904		615		485			8,595
Selling, general, and administrative expense	18,410		2,864		2,456		10,827			34,557
Operating income	34,582		16,764		6,116		(10,659		)	46,803
Interest expense										(6,442		)
Other income, net										231
Income before income taxes										$	40,592

Segment information (continued):

	For the Quarter Ended July 2, 2016
(In thousands)	Piping Systems		Industrial Metals		Climate		Corporate and Eliminations			Total
Net sales	$	388,662	$	127,737	$	31,359	$	(3,687	)	$	544,071
Cost of goods sold	333,356		104,874		22,448		(4,618		)	456,060
Depreciation and amortization	5,787		2,120		618		536			9,061
Selling, general, and administrative expense	16,560		3,619		2,456		11,879			34,514
Operating income	32,959		17,124		5,837		(11,484		)	44,436
Interest expense										(1,692		)
Other income, net										515
Income before income taxes										$	43,259

	For the Six Months Ended July 1, 2017
( In thousands)	Piping Systems		Industrial Metals		Climate		Corporate and Eliminations			Total
Net sales	$	821,619	$	304,341	$	70,915	$	(4,689	)	$	1,192,186
Cost of goods sold	708,907		257,015		53,013		(6,197		)	1,012,738
Depreciation and amortization	10,933		3,802		1,244		971			16,950
Selling, general, and administrative expense	36,831		6,094		4,932		22,231			70,088
Operating income	64,948		37,430		11,726		(21,694		)	92,410
Interest expense										(8,973		)
Other income, net										782
Income before income taxes										$	84,219

Segment information (continued):

	For the Six Months Ended July 2, 2016
( In thousands)	Piping Systems		Industrial Metals		Climate		Corporate and Eliminations			Total
Net sales	$	757,552	$	262,258	$	62,065	$	(4,995	)	$	1,076,880
Cost of goods sold	647,148		214,103		46,153		(4,702		)	902,702
Depreciation and amortization	11,436		4,255		1,217		1,073			17,981
Selling, general, and administrative expense	34,850		6,864		4,979		23,601			70,294
Operating income	64,118		37,036		9,716		(24,967		)	85,903
Interest expense										(3,540		)
Other income, net										760
Income before income taxes										$	83,123