v3.26.1
INFORMATION ON REPORTABLE SEGMENTS AND CORPORATE EXPENSE (Tables)
 6 Months Ended
Jun. 27, 2026
Segment Reporting [Abstract]  
Schedule of Financial Data for Reportable Segments and Other Operating Segments
Financial data for our reportable segments for the three and six months ended June 27, 2026 and June 28, 2025 are presented below:
 Three months ended Six months ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
HVAC reportable segment
Revenues$480.6 $376.7 $874.6 $699.7 
Cost of products sold307.2 226.1 553.8 425.7 
Selling, general and administrative expense63.6 54.8 122.4 104.3 
Segment income$109.8 $95.8 $198.4 $169.7 
Detection and Measurement reportable segment
Revenues$198.4 $175.7 $371.2 $335.3 
Cost of products sold98.1 96.9 186.3 183.7 
Selling, general and administrative expense43.0 38.8 80.9 75.0 
Segment income$57.3 $40.0 $104.0 $76.6 
Consolidated revenues$679.0 $552.4 $1,245.8 $1,035.0 
Consolidated income for segments167.1 135.8 302.4 246.3 
Corporate expense15.8 13.3 30.3 27.3 
Acquisition and integration-related costs (1)
3.2 6.9 8.2 13.3 
Long-term incentive compensation expense4.3 3.9 8.0 7.6 
Amortization of acquired intangible assets (2)
27.2 24.6 51.4 44.3 
Special charges, net1.6 — 1.8 0.1 
Other operating expense, net — 0.5 — 0.5 
Consolidated operating income115.0 86.6 202.7 153.2 
Other income (expense), net(5.1)(2.1)(8.1)0.6 
Interest expense(8.8)(15.6)(17.2)(27.9)
Interest income1.1 1.0 2.2 1.9 
Income from continuing operations before income taxes$102.2 $69.9 $179.6 $127.8 
Capital expenditures:
HVAC reportable segment$18.9 $6.1 $35.2 $10.8 
Detection and Measurement reportable segment2.2 1.6 4.2 2.4 
Capital expenditures of reportable segments21.1 7.7 39.4 13.2 
Corporate— — 0.2 — 
Total capital expenditures$21.1 $7.7 $39.6 $13.2 
Depreciation and amortization:
HVAC reportable segment$25.2 $18.9 $47.1 $35.8 
Detection and Measurement reportable segment10.0 13.0 19.6 22.5 
Depreciation and amortization of reportable segments35.2 31.9 66.7 58.3 
Corporate0.5 0.6 1.1 1.2 
Total depreciation and amortization$35.7 $32.5 $67.8 $59.5 
Three months endedSix months ended
June 27,
2026		June 28,
2025		June 27,
2026		June 28,
2025
Geographic Areas:
Revenues: (3)
United States$538.0 $438.9 $985.6 $841.9 
Canada68.4 49.7 130.8 79.9 
China23.5 21.7 40.5 34.7 
United Kingdom21.6 22.5 42.9 39.9 
Other27.5 19.6 46.0 38.6 
$679.0 $552.4 $1,245.8 $1,035.0 
June 27, 2026December 31, 2025
Tangible Long-Lived Assets:
United States$457.0 $419.4 
Canada87.6 88.2 
Other36.9 35.6 
Long-lived assets of continuing operations581.5 543.2 
Long-lived assets of discontinued operations, DBT and Heat Transfer— — 
Total tangible long-lived assets$581.5 $543.2 
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(1)Represents acquisition and integration-related costs incurred in connection with acquisitions of $3.2 and $8.2 during the three and six months ended June 27, 2026, respectively, and $6.9 and $13.3 during the three and six months ended June 28, 2025, respectively, including additional “Cost of products sold” related to the step-up of inventory (to fair value) acquired in connection with the Thermolec and Crawford acquisitions of $0.4 and $0.1 during the six months ended June 27, 2026, respectively, and the KTS acquisition of $0.5 and $0.8 during the three and six months ended June 28, 2025, respectively.
(2)Includes intangible asset amortization of $0.9 and $1.8 recorded in cost of products sold within the condensed consolidated statement of operations for the three and six months ended June 27, 2026, respectively.
(3)Revenues are included in the above geographic areas based on the country that recorded the revenue.