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Reportable Segments
 3 Months Ended
Mar. 30, 2025
Segment Reporting [Abstract]  
Reportable Segments Reportable Segments
We are organized around two global businesses: Smart Infrastructure Solutions and Automation Solutions. Each of the global businesses represents a reportable segment. Our chief operating decision maker is our President and Chief Executive Officer. The key measure of segment profit or loss used by him to review segment operating results is Segment EBITDA. Segment EBITDA excludes certain items, including depreciation expense; amortization of intangibles; asset impairment; severance, restructuring, and acquisition integration costs; adjustments related to acquisitions and divestitures; and other costs. We allocate corporate expenses to the segments for purposes of measuring Segment EBITDA. Corporate expenses are allocated on the basis of each segment’s relative EBITDA prior to the allocation. Segment revenues represent non-affiliate revenues. Our measure of segment assets does not include cash, goodwill, intangible assets, deferred tax assets, or corporate assets. All goodwill is allocated to reporting units of our segments for purposes of impairment testing.
Operating Segment Information
For the Three Months Ended
 March 30, 2025March 31, 2024
 (In thousands)
Smart Infrastructure Solutions
Segment Revenues$274,050 $234,089 
Affiliate Revenues30 39 
Segment Cost of Sales(182,008)(163,425)
Segment Selling, General and Administrative Expenses(50,392)(37,074)
Segment Research and Development Expenses(10,545)(7,841)
    Segment EBITDA$31,135 $25,788 
Segment assets650,925 $610,106 
Items excluded from segment measures:
    Depreciation expense$6,572 $6,305 
    Amortization of intangibles8,656 5,719 
    Amortization of software development intangible assets18 — 
    Severance, restructuring, and acquisition integration costs957 1,590 
For the Three Months Ended
 March 30, 2025March 31, 2024
 (In thousands)
Automation Solutions
Segment Revenues$350,811 $301,586 
Affiliate Revenues328 399 
Segment Cost of Sales(185,951)(159,078)
Segment Selling, General and Administrative Expenses(74,124)(66,417)
Segment Research and Development Expenses(17,739)(17,745)
    Segment EBITDA$73,325 $58,745 
Segment assets$828,594 $754,732 
Items excluded from segment measures:
    Depreciation expense$7,324 $7,160 
    Amortization of intangibles4,619 5,090 
    Amortization of software development intangible assets2,595 2,713 
    Severance, restructuring, and acquisition integration costs741 2,622 
    Adjustments related to acquisitions and divestitures298 298 
For the Three Months Ended
March 30, 2025March 31, 2024
(In thousands)
Total Segments
Segment Revenues$624,861 $535,675 
Affiliate Revenues358 438 
Segment Cost of Sales(367,959)(322,503)
Segment Selling, General and Administrative Expenses(124,516)(103,491)
Segment Research and Development Expenses(28,284)(25,586)
    Segment EBITDA$104,460 $84,533 
Segment assets$1,479,519 $1,364,838 
Items excluded from segment measures:
    Depreciation expense$13,896 $13,465 
    Amortization of intangibles13,275 10,809 
    Amortization of software development intangible assets2,613 2,713 
  Severance, restructuring, and acquisition integration costs 1,698 4,212 
    Adjustments related to acquisitions and divestitures298 298 
The following table is a reconciliation of the total of the reportable segments’ Revenues and EBITDA to consolidated revenues and consolidated income before taxes, respectively.
 Three Months Ended
 March 30, 2025March 31, 2024
 (In thousands)
Total Segment and Consolidated Revenues$624,861 $535,675 
Total Segment EBITDA$104,460 $84,533 
  Depreciation expense(13,896)(13,465)
  Amortization of intangibles(13,275)(10,809)
  Severance, restructuring, and acquisition integration costs (1)(1,698)(4,212)
  Amortization of software development intangible assets(2,613)(2,713)
  Adjustments related to acquisitions and divestitures (2)(298)(298)
  Eliminations(54)(16)
Consolidated operating income72,626 53,020 
  Interest expense, net(10,104)(7,582)
  Total non-operating pension benefit (cost)(441)231 
Consolidated income before taxes $62,081 $45,669 
(1) Includes costs associated with acquisitions and manufacturing footprint actions.
(2) Adjustments related to acquisitions and divestitures include fair value adjustments of acquired assets.