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BUSINESS SEGMENTS & RELATED REVENUE INFORMATION (Tables)
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information of Sales and Operating Income

    

Thirteen weeks ended

Thirty-nine weeks ended

September 30,

    

September 24,

    

September 30,

    

September 24,

2023

2022

2023

2022

SALES:

Infrastructure

$

755,076

$

755,492

$

2,261,777

$

2,157,082

Agriculture

 

298,483

 

327,261

 

910,579

 

1,011,606

Other

22,861

66,947

Total

 

1,053,559

 

1,105,614

 

3,172,356

 

3,235,635

INTERSEGMENT SALES:

 

  

 

 

  

Infrastructure

 

(1,450)

 

(5,112)

 

(7,853)

 

(12,413)

Agriculture

 

(1,814)

 

(3,120)

 

(5,431)

 

(9,488)

Total

 

(3,264)

 

(8,232)

 

(13,284)

 

(21,901)

NET SALES:

 

  

 

  

 

  

 

  

Infrastructure

 

753,626

 

750,380

 

2,253,924

 

2,144,669

Agriculture

 

296,669

 

324,141

 

905,148

 

1,002,118

Other

 

22,861

 

 

66,947

Total

$

1,050,295

$

1,097,382

$

3,159,072

$

3,213,734

OPERATING INCOME (LOSS):

 

  

 

  

 

  

 

  

Infrastructure

$

103,401

$

92,465

$

313,703

$

254,908

Agriculture

 

(99,670)

 

43,258

 

2,904

 

138,779

Other

 

1,107

 

 

814

Corporate

 

(27,921)

 

(26,858)

 

(88,598)

 

(70,968)

Total

$

(24,190)

$

109,972

$

228,009

$

323,533

Schedule of breakdown by segment of revenue recognized

    

Thirteen weeks ended September 30, 2023

Sales

Infrastructure

    

Agriculture

Intersegment

    

Consolidated

Geographical market:

  

 

  

  

 

  

North America

$

572,239

$

126,828

$

(3,055)

$

696,012

International

 

182,837

 

171,655

 

(209)

 

354,283

Total

$

755,076

$

298,483

$

(3,264)

$

1,050,295

Product line:

 

  

 

  

 

  

 

  

Transmission, Distribution, and Substation

$

297,967

$

$

$

297,967

Lighting and Transportation

 

252,603

 

 

 

252,603

Coatings

 

88,967

 

 

(1,241)

 

87,726

Telecommunications

 

59,630

 

 

 

59,630

Solar

 

55,909

 

 

(209)

 

55,700

Irrigation Equipment and Parts

 

 

273,639

 

(1,814)

 

271,825

Technology Products and Services

 

 

24,844

 

 

24,844

Total

$

755,076

$

298,483

$

(3,264)

$

1,050,295

    

Thirteen weeks ended September 24, 2022

Sales

Infrastructure

    

Agriculture

    

Other

Intersegment

    

Consolidated

Geographical market:

  

 

  

 

  

  

 

  

North America

$

579,628

$

178,626

$

$

(7,114)

$

751,140

International

 

175,864

 

148,635

 

22,861

 

(1,118)

 

346,242

Total

$

755,492

$

327,261

$

22,861

$

(8,232)

$

1,097,382

Product line:

 

  

 

  

 

  

 

  

 

  

Transmission, Distribution, and Substation

$

304,781

$

$

$

$

304,781

Lighting and Transportation

 

241,590

 

 

 

 

241,590

Coatings

 

91,969

 

 

 

(3,994)

 

87,975

Telecommunications

 

92,830

 

 

 

 

92,830

Solar

 

24,322

 

 

 

(1,118)

 

23,204

Irrigation Equipment and Parts

 

 

303,003

 

 

(3,120)

 

299,883

Technology Products and Services

 

 

24,258

 

 

 

24,258

Other

 

 

22,861

 

 

22,861

Total

$

755,492

$

327,261

$

22,861

$

(8,232)

$

1,097,382

    

Thirty-nine weeks ended September 30, 2023

Sales

Infrastructure

    

Agriculture

    

Intersegment

    

Consolidated

Geographical market:

  

 

  

 

  

 

  

North America

$

1,743,635

$

450,678

$

(12,042)

$

2,182,271

International

 

518,142

 

459,901

 

(1,242)

 

976,801

Total

$

2,261,777

$

910,579

$

(13,284)

$

3,159,072

Product line:

 

  

 

  

 

  

 

  

Transmission, Distribution, and Substation

$

927,094

$

$

$

927,094

Lighting and Transportation

 

727,862

 

 

 

727,862

Coatings

 

270,201

 

 

(6,611)

 

263,590

Telecommunications

 

195,505

 

 

 

195,505

Solar

 

141,115

 

 

(1,242)

 

139,873

Irrigation Equipment and Parts

 

 

825,277

 

(5,431)

 

819,846

Technology Products and Services

 

 

85,302

 

 

85,302

Total

$

2,261,777

$

910,579

$

(13,284)

$

3,159,072

    

Thirty-nine weeks ended September 24, 2022

Sales

Infrastructure

    

Agriculture

Other

    

Intersegment

    

Consolidated

Geographical market:

  

 

  

  

 

  

 

  

North America

$

1,645,472

$

564,369

$

$

(20,316)

$

2,189,525

International

 

511,610

 

447,237

 

66,947

 

(1,585)

 

1,024,209

Total

$

2,157,082

$

1,011,606

$

66,947

$

(21,901)

$

3,213,734

Product line:

 

  

 

  

 

  

 

  

 

  

Transmission, Distribution, and Substation

$

882,216

$

$

$

$

882,216

Lighting and Transportation

 

701,009

 

 

 

 

701,009

Coatings

 

264,266

 

 

 

(11,295)

 

252,971

Telecommunications

 

232,765

 

 

 

 

232,765

Solar

 

76,826

 

 

 

(1,118)

 

75,708

Irrigation Equipment and Parts

 

 

928,622

 

 

(9,488)

 

919,134

Technology Products and Services

 

 

82,984

 

 

 

82,984

Other

 

 

66,947

 

 

66,947

Total

$

2,157,082

$

1,011,606

$

66,947

$

(21,901)

$

3,213,734

Breakdown by segment of revenue recognized over time and at a point in time

Thirteen weeks ended September 30, 2023

 

Thirty-nine weeks ended September 30, 2023

Net Sales

    

Point in Time

Over Time

Total

 

Point in Time

Over Time

Total

Infrastructure

$

453,829

$

299,797

$

753,626

$

1,316,931

$

936,993

$

2,253,924

Agriculture

 

288,780

7,889

 

296,669

 

883,797

21,351

 

905,148

Total

$

742,609

$

307,686

$

1,050,295

$

2,200,728

$

958,344

$

3,159,072

Thirteen weeks ended September 24, 2022

Thirty-nine weeks ended September 24, 2022

Net Sales

Point in Time

    

Over Time

    

Total

Point in Time

    

Over Time

    

Total

Infrastructure

$

434,839

$

315,541

$

750,380

$

1,233,320

$

911,349

$

2,144,669

Agriculture

 

317,669

6,472

 

324,141

 

983,450

18,668

 

1,002,118

Other

22,861

 

22,861

66,947

 

66,947

Total

$

752,508

$

344,874

$

1,097,382

$

2,216,770

$

996,964

$

3,213,734