Segment Information

3 Months Ended

Mar. 27, 2020

The Company has three reportable segments: Industrial, Process and Contractor. Sales and operating earnings by segment were as follows (in thousands):



	Three Months Ended
	March 27, 2020			March 29, 2019
Net Sales
Industrial	$	158,684		$	189,100
Process	86,078			86,894
Contractor	128,805			128,876
Total	$	373,567		$	404,870
Operating Earnings
Industrial	$	50,233		$	65,203
Process	18,111			20,014
Contractor	28,630			26,539
Unallocated corporate (expense)	(7,162		)	(7,229		)
Total	$	89,812		$	104,527

Assets by segment were as follows (in thousands):



	March 27, 2020		December 27, 2019
Industrial	$	616,333	$	615,486
Process	383,876		387,216
Contractor	396,721		368,832
Unallocated corporate	550,410		320,676
Total	$	1,947,340	$	1,692,210

Geographic information follows (in thousands):



	Three Months Ended
	March 27, 2020		March 29, 2019
Net Sales (based on customer location)
United States	$	198,243	$	202,885
Other countries	175,324		201,985
Total	$	373,567	$	404,870



	March 27, 2020		December 27, 2019
Long-lived Assets
United States	$	275,513	$	268,864
Other countries	56,565		56,682
Total	$	332,078	$	325,546