Segment Information (Tables)

3 Months Ended

Mar. 30, 2024

Notes To Financial Statements [Abstract]

Net Sales Summary By Segment

Net Sales Summary

(dollars in thousands)

	Three Months Ended
	Mar 30, 2024				Apr 1, 2023
	Sales		Percent		Sales		Percent
Business Segments:
Commercial Foodservice	$	590,344	63.7	%	$	613,935	61.0	%
Food Processing	162,683		17.5		173,503		17.2
Residential Kitchen	173,899		18.8		219,958		21.8
Total	$	926,926	100.0	%	$	1,007,396	100.0	%

Schedule of Segment Reporting Information, by Segment

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(2)		Total
Three Months Ended March 30, 2024
Net sales	$	590,344	$	162,683	$	173,899	$	—	$	926,926
Income (loss) from operations (3)	131,658		32,352		4,537		(31,414)		137,133
Depreciation expense (4)	7,021		2,031		3,805		416		13,273
Amortization expense (5)	13,594		1,954		1,802		1,787		19,137
Net capital expenditures	6,084		1,817		5,259		583		13,743
Total assets	$	3,722,126	$	992,876	$	1,939,293	$	276,110	$	6,930,405
Three Months Ended April 1, 2023
Net sales	$	613,935	$	173,503	$	219,958	$	—	$	1,007,396
Income (loss) from operations (3)	136,562		34,687		21,186		(31,413)		161,022
Depreciation expense (4)	6,166		2,097		3,447		267		11,977
Amortization expense (5)	14,808		4,137		2,238		1,787		22,970
Net capital expenditures	16,906		2,203		6,214		162		25,485
Total assets	$	3,827,805	$	1,007,569	$	1,999,632	$	121,131	$	6,956,137

(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.

(3)Restructuring expenses are allocated in operating income by segment.

(4)Includes depreciation on right of use assets.

(5)Includes amortization of deferred financing costs and Convertible Notes issuance costs.

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):

	Mar 30, 2024		Apr 1, 2023
United States and Canada	$	506,334	$	476,073
Asia	39,136		36,597
Europe and Middle East	207,847		149,031
Latin America	12,370		13,688
Total international	$	259,353	$	199,316
	$	765,687	$	675,389