Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

The following table summarizes the results of operations for the company’s business segments(1) (dollars in thousands):



	Commercial Foodservice		Food Processing		Residential Kitchen		Corporate and Other(3)			Total
2016
Net sales	$	1,266,955	$	342,235	$	658,662	$	—		$	2,267,852
Operating income	350,315		87,039		89,435		(80,564		)	446,225
Depreciation and amortization expense	19,548		5,696		29,897		3,093			58,234
Net capital expenditures	11,958		5,667		6,961		231			24,817
Total assets	1,347,441		340,088		1,179,640		49,967			2,917,136
Long-lived assets(2)	84,475		21,763		175,206		35,100			316,544

2015
Net sales	$	1,121,046	$	297,712	$	407,840	$	—		$	1,826,598
Operating income	296,061		64,650		4,653		(62,761		)	302,603
Depreciation and amortization expense	17,117		5,839		29,515		1,603			54,074
Net capital expenditures	12,123		2,164		7,935		140			22,362
Total assets	1,115,840		308,677		1,250,503		86,131			2,761,151
Long-lived assets(2)	61,835		20,307		129,751		21,327			233,220

2014
Net sales	$	1,041,228	$	322,783	$	272,527	$	—		$	1,636,538
Operating income	269,559		67,395		14,585		(51,107		)	300,432
Depreciation and amortization expense	19,661		6,601		13,356		1,634			41,252
Net capital expenditures	6,752		4,487		1,811		93			13,143
Total assets	1,053,921		304,241		636,680		71,289			2,066,131
Long-lived assets(2)	50,211		19,627		71,500		10,140			151,478


(1)	Non-operating expenses are not allocated to the reportable 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)	Long-lived assets consist of property, plant and equipment, long-term deferred tax assets and other assets.


(3)	Includes corporate and other general company assets and operations.

Long-lived assets, not including goodwill and other intangibles (in thousands):

Net sales (in thousands):