Interim Reporting

12 Months Ended

Jan. 03, 2026

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)

As discussed in Notes 1 and 12 to these Notes to the Consolidated Financial Statements, the Residential Kitchen Equipment Group’s financial results are reflected in the Consolidated Statements of Earnings as discontinued operations in all periods presented. The following tables provide unaudited summarized quarterly financial information on the same basis (in thousands, except per share data):

	2025
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net sales	$	730,623	$	796,799	$	807,355	$	866,425
Gross profit	292,578		316,102		307,015		336,220
Net earnings from continuing operations	85,063		101,666		94,452		86,086
Net earnings/(loss) from discontinued operations	7,289		4,290		(607,430)		(49,147)
Net earnings/(loss)	$	92,352	$	105,956	$	(512,978)	$	36,939
Net earnings/(loss) per share:
Basic from continuing operations	$	1.59	$	1.93	$	1.87	$	1.73
Basic from discontinued operations	0.14		0.08		(12.02)		(0.99)
Basic earnings/(loss) per share	$	1.72	$	2.01	$	(10.15)	$	0.74
Diluted from continuing operations	$	1.56	$	1.91	$	1.86	$	1.72
Diluted from discontinued operations	0.13		0.08		(11.93)		(0.98)
Diluted earnings/(loss) per share	$	1.69	$	1.99	$	(10.08)	$	0.74
Weighted average number of shares
Basic	53,594		52,616		50,521		49,888
Dilutive common stock equivalents	1,027		538		386		144
Diluted	54,621		53,154		50,907		50,032

	2024
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Net sales	$	753,027	$	798,783	$	769,591	$	828,838
Gross Profit	295,200		322,642		302,636		331,341
Net earnings from continuing operations	85,293		110,327		107,520		117,838
Net earnings/(loss) from discontinued operations	1,275		5,068		6,646		(5,534)
Net earnings	$	86,568	$	115,395	$	114,166	$	112,304
Net earnings/(loss) per share:
Basic from continuing operations	$	1.59	$	2.05	$	2.00	$	2.19
Basic from discontinued operations	0.02		0.09		0.12		(0.10)
Basic earnings per share	$	1.61	$	2.15	$	2.12	$	2.09
Diluted from continuing operations	$	1.57	$	2.04	$	1.99	$	2.17
Diluted from discontinued operations	0.02		0.09		0.12		(0.10)
Diluted earnings per share	$	1.59	$	2.13	$	2.11	$	2.07
Weighted average number of shares
Basic	53,654		53,765		53,770		53,764
Dilutive common stock equivalents	740		307		267		570
Diluted	54,394		54,072		54,037		54,334