XML 37 R30.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Information (Tables)
6 Months Ended
Jun. 28, 2014
Notes To Financial Statements [Abstract]  
Net Sales Summary By Segment
Net Sales Summary
(dollars in thousands)
 
Three Months Ended
 
Six Months Ended
 
Jun 28, 2014
 
Jun 29, 2013
 
Jun 28, 2014
 
Jun 29, 2013
 
Sales
 
Percent
 
Sales
 
Percent
 
Sales
 
Percent
 
Sales
 
Percent
Business Segments:
 

 
 

 
 

 
 

 
 
 
 
 
 
 
 
Commercial Foodservice
$
263,899

 
62.1
%
 
$
223,042

 
61.3
%
 
$
497,949

 
62.4
%
 
$
420,404

 
60.8
%
Food Processing
89,943

 
21.2

 
81,936

 
22.5

 
165,529

 
20.8

 
153,374

 
22.2

Residential Kitchen
70,934

 
16.7

 
58,823

 
16.2

 
133,776

 
16.8

 
117,474

 
17.0

    Total
$
424,776

 
100.0
%
 
$
363,801

 
100.0
%
 
$
797,254

 
100.0
%
 
$
691,252

 
100.0
%
Schedule of Segment Reporting Information, by Segment
The following table summarizes the results of operations for the company's business segments(1) (in thousands):
 
Commercial
 Foodservice

 
Food Processing

 
Residential Kitchen

 
Corporate
and Other(2)

 
Total

Three Months Ended June 28, 2014
 

 
 

 
 
 
 

 
 

Net sales
$
263,899

 
$
89,943

 
$
70,934

 
$

 
$
424,776

Income (loss) from operations
69,743

 
16,988

 
4,787

 
(15,779
)
 
75,739

Depreciation and amortization expense
4,903

 
2,249

 
3,232

 
409

 
10,793

Net capital expenditures
2,223

 
1,352

 
180

 

 
3,755

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 28, 2014
 
 
 
 
 
 
 
 
 
Net sales
$
497,949

 
$
165,529

 
$
133,776

 
$

 
$
797,254

Income (loss) from operations
124,705

 
29,110

 
4,994

 
(27,137
)
 
131,672

Depreciation and amortization expense
9,787

 
4,370

 
6,323

 
834

 
21,314

Net capital expenditures
4,466

 
1,801

 
719

 

 
6,986

 
 
 
 
 
 
 
 
 
 
Total assets
$
1,025,374

 
$
322,864

 
$
496,324

 
$
81,537

 
$
1,926,099

 
 
 
 
 
 
 
 
 
 
Three Months Ended June 29, 2013
 

 
 

 
 
 
 

 
 

Net sales
$
223,042

 
$
81,936

 
$
58,823

 
$

 
$
363,801

Income (loss) from operations
57,392

 
13,625

 
3,916

 
(14,608
)
 
60,325

Depreciation and amortization expense
4,894

 
2,131

 
4,365

 
404

 
11,794

Net capital expenditures
3,284

 
1,292

 
(418
)
 
15

 
4,173

 
 
 
 
 
 
 
 
 
 
Six Months Ended June 29, 2013
 
 
 
 
 
 
 
 
 
Net sales
$
420,404

 
$
153,374

 
$
117,474

 
$

 
$
691,252

Income (loss) from operations
107,142

 
25,105

 
(3,325
)
 
(26,402
)
 
102,520

Depreciation and amortization expense
9,269

 
4,156

 
11,584

 
808

 
25,817

Net capital expenditures
4,786

 
2,140

 
1,069

 
101

 
8,096

 
 
 
 
 
 
 
 
 
 
Total assets
$
887,938

 
$
298,890

 
$
441,112

 
$
82,611

 
$
1,710,551

 
 
 
 
 
 
 
 
 
 

(1)Non-operating expenses are not allocated to the operating segments. Non-operating expenses consist of interest expense and deferred financing amortization, foreign exchange gains and losses and other income and expense items outside of income from operations.
(2)Includes corporate and other general company assets and operations.
Schedule of Entity-Wide Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country
Long-lived assets, not including goodwill and other intangibles (in thousands):
 
Jun 28, 2014
 
Jun 29, 2013
United States and Canada
$
129,922

 
$
105,550

Asia
5,267

 
3,855

Europe and Middle East
16,904

 
14,655

Latin America
1,942

 
1,418

Total international
$
24,113

 
$
19,928

 
$
154,035

 
$
125,478

Schedule of Entity-Wide Information, Revenue from External Customers by Products and Services
Net sales (in thousands):
 
Three Months Ended
 
Six Months Ended
 
Jun 28, 2014

 
Jun 29, 2013

 
Jun 28, 2014

 
Jun 29, 2013

United States and Canada
$
295,374

 
$
272,672

 
$
554,474

 
$
514,729

Asia
46,277

 
24,021

 
80,083

 
44,407

Europe and Middle East
55,436

 
46,752

 
115,241

 
89,216

Latin America
27,689

 
20,356

 
47,456

 
42,900

Total international
$
129,402

 
$
91,129

 
$
242,780

 
$
176,523

 
$
424,776

 
$
363,801

 
$
797,254

 
$
691,252