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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Jan. 01, 2022
Accounting Policies [Abstract]  
Schedule of Inventory, Current Inventories at January 1, 2022 and January 2, 2021 are as follows (in thousands):
 
 20212020
Raw materials and parts$421,361 $263,200 
Work in process65,581 55,104 
Finished goods350,476 221,894 
 $837,418 $540,198 
Property, Plant and Equipment
Property, plant and equipment are carried at cost as follows (in thousands):
 20212020
Land$54,477 $40,707 
Building and improvements270,812 245,435 
Furniture and fixtures56,706 68,063 
Machinery and equipment265,188 220,148 
 647,183 574,353 
Less accumulated depreciation(266,203)(229,871)
 $380,980 $344,482 
Schedule Of Useful Lives For Property Plant Equipment
Following is a summary of the estimated useful lives:
Description Life
Building and improvements 
20 to 40 years
Furniture and fixtures 
3 to 7 years
Machinery and equipment 
3 to 10 years
Schedule of Goodwill
Goodwill is allocated to the business segments as follows (in thousands):
Commercial
Foodservice		Food
Processing		Residential KitchenTotal
Balance as of December 28, 2019$1,153,552 $257,679 $438,516 $1,849,747 
Goodwill acquired during the year56,773 — — 56,773 
Measurement period adjustments to goodwill acquired in prior year(56)(8,732)1,770 (7,018)
Exchange effect18,167 6,851 9,741 34,759 
Balance as of January 2, 2021$1,228,436 $255,798 $450,027 $1,934,261 
Goodwill acquired during the year63,849 — 266,170 330,019 
Measurement period adjustments to goodwill acquired in prior year2,411 — — 2,411 
Exchange effect(9,609)(5,083)(8,530)(23,222)
Balance as of January 1, 2022$1,285,087 $250,715 $707,667 $2,243,469 
Schedule Of Intangible Assets By Major Class
Intangible assets consist of the following (in thousands):
 January 1, 2022January 2, 2021
Estimated
Weighted Avg
Remaining
Life		Gross
Carrying
Amount		Accumulated
Amortization		Estimated
Weighted Avg
Remaining
Life		Gross
Carrying
Amount		Accumulated
Amortization
Amortized intangible assets:       
Customer relationships7.6$863,339 $(411,327)8.5$735,264 $(347,029)
Backlog0.213,684 (929)0.35,443 (2,638)
Developed technology8.973,461 (29,952)10.056,931 (24,394)
  $950,484 $(442,208) $797,638 $(374,061)
Indefinite-lived intangible assets:      
Trademarks and trade names $1,367,101   $1,026,804  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated future amortization expense of intangible assets is as follows (in thousands):
2022$95,132 
202376,386 
202464,914 
202558,553 
202655,277 
2027 and thereafter158,014 
 $508,276 
Schedule of Accrued Liabilities
Accrued expenses consist of the following at January 1, 2022 and January 2, 2021, respectively (in thousands):
 
 20212020
Contract liabilities$133,315 $93,871 
Accrued payroll and related expenses115,762 93,926 
Accrued warranty80,215 69,667 
Accrued customer rebates72,451 43,703 
Accrued short-term leases22,753 22,493 
Accrued sales and other tax22,684 22,030 
Accrued professional fees19,292 12,133 
Accrued agent commission13,670 11,105 
Accrued product liability and workers compensation10,952 12,909 
Accrued interest rate swaps1,171 14,075 
Accrued liabilities held for sale— 22,313 
Other accrued expenses90,590 76,316 
 $582,855 $494,541 
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the components of accumulated other comprehensive income (loss) as reported in the consolidated balance sheets (in thousands):
 20212020
Unrecognized pension benefit costs, net of tax of $(39,470) and $(89,059)
$(249,696)$(400,919)
Unrealized loss on interest rate swap, net of tax of $(4,501) and $(13,120)
(13,064)(37,548)
Unrealized gain on certain investments, net of tax of $433 and $—
1,330 — 
Currency translation adjustments(97,654)(49,961)
 $(359,084)$(488,428)
 
Changes in accumulated other comprehensive income (loss) (1) were as follows (in thousands):
Currency Translation AdjustmentPension Benefit CostsUnrealized Gain/(Loss) Interest Rate SwapUnrealized Gain Certain InvestmentsTotal
Balance as of December 28, 2019$(105,705)$(228,336)$(16,892)$— $(350,933)
Other comprehensive income before reclassification55,744 (174,826)(36,170)— (155,252)
Amounts reclassified from accumulated other comprehensive income— 2,243 15,514 — 17,757 
Net current-period other comprehensive income$55,744 $(172,583)$(20,656)— $(137,495)
Balance as of January 2, 2021$(49,961)$(400,919)$(37,548)$— $(488,428)
Other comprehensive income before reclassification(47,693)137,187 6,015 1,330 96,839 
Amounts reclassified from accumulated other comprehensive income— 14,036 18,469 — 32,505 
Net current-period other comprehensive income$(47,693)$151,223 $24,484 $1,330 $129,344 
Balance as of January 1, 2022$(97,654)$(249,696)$(13,064)$1,330 $(359,084)
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The company’s financial assets and liabilities that are measured at fair value are categorized using the fair value hierarchy at January 1, 2022 and January 2, 2021 are as follows (in thousands):
Fair Value
Level 1		Fair Value
Level 2		Fair Value
Level 3		Total
As of January 1, 2022    
Financial Assets:    
Interest rate swaps$— $3,645 $— $3,645 
Foreign exchange derivative contracts$— $1,095 $— $1,095 
Financial Liabilities:    
Interest rate swaps$— $21,635 $— $21,635 
Contingent consideration$— $— $34,983 $34,983 
As of January 2, 2021    
Financial Liabilities:    
Interest rate swaps$— $51,093 $— $51,093 
Contingent consideration$— $— $25,558 $25,558 
Foreign exchange derivative contracts$— $2,191 $— $2,191 
Schedule of Product Warranty Liability
A rollforward of the warranty reserve for the fiscal years 2021 and 2020 are as follows (in thousands):
 20212020
Beginning balance$69,667 $66,374 
Warranty reserve related to acquisitions5,046 1,485 
Warranty expense68,199 58,047 
Warranty claims paid(62,697)(56,239)
Ending balance$80,215 $69,667