v3.26.1
Segment Information
3 Months Ended
Mar. 27, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company classifies its business into three reportable segments: Contractor, Industrial and Expansion Markets.

Segment information follows (in thousands): 
 Three Months Ended
 March 27,
2026
March 28,
2025
Contractor
Net Sales$259,981 $255,032 
Cost of products sold133,643 131,883 
Gross Profit126,338 123,149 
Operating expenses64,103 61,219 
Contractor Operating Earnings$62,235 $61,930 
Industrial
Net Sales$240,412 $231,653 
Cost of products sold104,637 96,824 
Gross Profit135,775 134,829 
Operating expenses59,968 55,234 
Industrial Operating Earnings$75,807 $79,595 
Expansion Markets
Net Sales$39,751 $41,599 
Cost of products sold19,172 20,163 
Gross Profit20,579 21,436 
Operating expenses10,935 11,371 
Expansion Markets Operating Earnings$9,644 $10,065 
Reportable Segment Operating Earnings Total$147,686 $151,590 
Unallocated corporate expense9,911 7,577 
Operating Earnings137,775 144,013 
Interest expense836 713 
Other (income) expense, net(3,149)(8,174)
Earnings Before Income Taxes$140,088 $151,474 

Geographic information follows (in thousands):
 Three Months Ended
 March 27,
2026
March 28,
2025
Net Sales (based on customer location)
United States
$291,197 $282,557 
Other countries
248,947 245,727 
Total
$540,144 $528,284 

 March 27,
2026
December 26,
2025
Long-lived Assets
United States
$592,718 $600,011 
Other countries
152,843 155,053 
Total
$745,561 $755,064