v3.25.4
Business Segment and Geographical Information - Summary of Reportable Segments (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 03, 2026
Dec. 28, 2024
Dec. 30, 2023
Segment Reporting Information [Line Items]      
Revenue $ 1,052,248 $ 1,053,384 $ 957,672
Cost of revenue 576,520 587,236 541,366
Operating Expenses      
Research and development expenses 15,264 14,318 13,562
Intangible asset amortization expense 28,295 29,040 18,448
Operating Income 157,288 171,252 165,757
Interest Expense, Net (13,642) (18,113) (6,640)
Other Expense, Net (61) (69) (101)
Income Before Provision for Income Taxes 143,585 153,070 159,016
Depreciation expense 22,924 20,547 14,849
Segment assets 1,712,178 1,430,345 1,175,665
Capital expenditures 17,048 21,005 31,850
China      
Segment Reporting Information [Line Items]      
Revenue 62,604 75,896 81,458
Operating Segments      
Segment Reporting Information [Line Items]      
Revenue 1,052,248 1,053,384 957,672
Cost of revenue 576,520 587,236 541,366
Gross Profit $ 475,728 $ 466,148 $ 416,306
Gross Profit Margin 45.20% 44.30% 43.50%
Operating Expenses      
Selling expenses $ 130,536 $ 121,926 $ 102,953
General and administrative expenses 94,000 85,992 75,208
Research and development expenses 15,264 14,318 13,542
Intangible asset amortization expense 28,295 29,040 18,448
Other segment items 5,836 2,564 933
Operating Income $ 201,797 $ 212,308 $ 205,222
Segment Operating Income Margin
General and administrative expenses $ (94,000) $ (85,992) $ (75,208)
Operating Segments | Flow Control      
Segment Reporting Information [Line Items]      
Revenue 382,866 371,177 363,451
Cost of revenue 182,450 176,340 175,144
Gross Profit $ 200,416 $ 194,837 $ 188,307
Gross Profit Margin 52.30% 52.50% 51.80%
Operating Expenses      
Selling expenses $ 58,422 $ 55,326 $ 51,315
General and administrative expenses 37,755 35,686 33,625
Research and development expenses 5,580 5,874 4,865
Intangible asset amortization expense 5,616 5,260 2,953
Other segment items 235 1,079 300
Operating Income $ 92,808 $ 91,612 $ 95,249
Segment Operating Income Margin 24.20% 24.70% 26.20%
General and administrative expenses $ (37,755) $ (35,686) $ (33,625)
Depreciation expense 7,536 6,675 6,094
Segment assets 450,911 431,536 391,719
Capital expenditures 6,051 7,225 5,920
Operating Segments | Industrial Processing      
Segment Reporting Information [Line Items]      
Revenue 409,489 432,738 354,703
Cost of revenue 233,300 252,068 212,247
Gross Profit $ 176,189 $ 180,670 $ 142,456
Gross Profit Margin 43.00% 41.80% 40.20%
Operating Expenses      
Selling expenses $ 44,841 $ 42,008 $ 31,660
General and administrative expenses 38,408 33,638 27,747
Research and development expenses 7,441 6,231 6,834
Intangible asset amortization expense 11,764 11,094 6,355
Other segment items 5,987 1,076 579
Operating Income $ 67,748 $ 86,623 $ 69,281
Segment Operating Income Margin 16.50% 20.00% 19.50%
General and administrative expenses $ (38,408) $ (33,638) $ (27,747)
Depreciation expense 10,640 9,513 5,443
Segment assets 826,062 569,817 443,189
Capital expenditures 5,543 8,121 22,068
Operating Segments | Industrial Processing | Land and Building | China      
Operating Expenses      
Capital expenditures     7,424
Operating Segments | Material Handling      
Segment Reporting Information [Line Items]      
Revenue 259,893 249,469 239,518
Cost of revenue 160,770 158,828 153,975
Gross Profit $ 99,123 $ 90,641 $ 85,543
Gross Profit Margin 38.10% 36.30% 35.70%
Operating Expenses      
Selling expenses $ 27,273 $ 24,592 $ 19,978
General and administrative expenses 17,837 16,668 13,836
Research and development expenses 2,243 2,213 1,843
Intangible asset amortization expense 10,915 12,686 9,140
Other segment items (386) 409 54
Operating Income $ 41,241 $ 34,073 $ 40,692
Segment Operating Income Margin 15.90% 13.70% 17.00%
General and administrative expenses $ (17,837) $ (16,668) $ (13,836)
Depreciation expense 4,697 4,310 3,239
Segment assets 411,813 411,178 326,226
Capital expenditures 5,309 5,638 3,834
Corporate      
Operating Expenses      
General and administrative expenses 44,509 41,056 39,465
General and administrative expenses (44,509) (41,056) (39,465)
Depreciation expense 51 49 73
Segment assets 23,392 17,814 14,531
Capital expenditures $ 145 $ 21 $ 28