v3.26.1
Segment Reporting (Details 1) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 04, 2026
Jun. 28, 2025
Jul. 04, 2026
Jun. 28, 2025
Segment Reporting Information [Line Items]        
Net sales $ 231.9 $ 212.5 $ 460.3 $ 408.0
Reportable segment total cost of sales 151.7 145.0 305.2 280.6
Reportable segment gross profit 80.2 67.5 155.1 127.4
Selling, engineering and administrative expenses 40.2 37.3 77.6 71.9
Amortization of intangible assets 7.5 8.3 15.1 16.5
Operating income 32.5 21.9 62.4 39.0
Corporate and Other        
Segment Reporting Information [Line Items]        
Amortization of intangible assets     15.1  
Operating Segments        
Segment Reporting Information [Line Items]        
Net sales 231.9 212.5 460.3 408.0
Reportable segment total cost of sales 151.7 145.0 305.2 280.6
Reportable segment gross profit 80.2 67.5 155.1 127.4
Selling, engineering and administrative expenses 27.6 [1] 26.7 [2] 53.4 [3] 51.6 [4]
Research and development 5.8 [5] 4.9 [6] 11.2 [7] 9.8 [8]
Indirect expenses 6.8 [9] 5.7 13.0 [10] 10.5 [11]
Amortization of intangible assets 7.5 [12] 8.3 [13] 15.1 [14] 16.5 [15]
Operating income 32.5 21.9 62.4 39.0
Operating Segments | Hydraulics        
Segment Reporting Information [Line Items]        
Net sales 146.4 140.9 285.6 267.3
Reportable segment total cost of sales 95.8 94.4 190.7 183.4
Reportable segment gross profit 50.6 46.5 94.9 83.9
Selling, engineering and administrative expenses 14.9 [1] 15.9 [2] 29.3 [3] 30.7 [4]
Research and development 2.4 [5] 2.3 [6] 4.9 [7] 4.4 [8]
Indirect expenses 4.4 [9] 3.3 [16] 8.4 [10] 6.3 [11]
Amortization of intangible assets 0.0 [12] 0.0 [13] 0.0 [14] 0.0 [15]
Operating income 28.9 25.0 52.3 42.5
Operating Segments | Electronics        
Segment Reporting Information [Line Items]        
Net sales 85.5 71.6 174.7 140.7
Reportable segment total cost of sales 55.9 50.6 114.5 97.2
Reportable segment gross profit 29.6 21.0 60.2 43.5
Selling, engineering and administrative expenses 12.7 [1] 10.8 [2] 24.1 [3] 20.9 [4]
Research and development 3.4 [5] 2.6 [6] 6.3 [7] 5.4 [8]
Indirect expenses 2.3 [9] 1.7 4.4 [10] 3.3 [11]
Amortization of intangible assets 0.0 [12] 0.0 [13] 0.0 [14] 0.0 [15]
Operating income 11.2 5.9 25.4 13.9
Operating Segments | Unallocated Expenses        
Segment Reporting Information [Line Items]        
Net sales 0.0 0.0 0.0 0.0
Reportable segment total cost of sales 0.0 0.0 0.0 0.0
Reportable segment gross profit 0.0 0.0 0.0 0.0
Selling, engineering and administrative expenses 0.0 [1] 0.0 [2] 0.0 [3] 0.0 [4]
Research and development 0.0 [5] 0.0 [6] 0.0 [7] 0.0 [8]
Indirect expenses 0.1 [9] 0.7 [16] 0.2 [10] 0.9 [11]
Amortization of intangible assets 7.5 [12] 8.3 [13] 15.1 [14] 16.5 [15]
Operating income $ (7.6) $ (9.0) $ (15.3) $ (17.4)
[1] Selling, engineering, and administrative expenses primarily include selling, general, and administrative costs, information technology, professional services, and facility-related expenses directly incurred by the segments.
[2] Selling, engineering, and administrative expenses primarily include selling, general, and administrative costs, information technology, professional services, and facility-related expenses directly incurred by the segments.
[3] Selling, engineering, and administrative expenses primarily include selling, general, and administrative costs, information technology, professional services, and facility-related expenses directly incurred by the segments.
[4] Selling, engineering, and administrative expenses primarily include selling, general, and administrative costs, information technology, professional services, and facility-related expenses directly incurred by the segments.
[5] Research and development primarily includes engineering-related costs to create new products and to make improvements to products currently in use.
[6] Research and development primarily includes engineering-related costs to create new products and to make improvements to products currently in use.
[7] Research and development primarily includes engineering-related costs to create new products and to make improvements to products currently in use.
[8] Research and development primarily includes engineering-related costs to create new products and to make improvements to products currently in use.
[9] Indirect expenses represent corporate costs and shared expenses allocated to businesses.
[10] Indirect expenses represent corporate costs and shared expenses allocated to businesses.
[11] Indirect expenses represent corporate costs and shared expenses allocated to businesses.
[12] Amortization of intangible assets includes those resulting from the acquisition of new businesses.
[13] Amortization of intangible assets includes those resulting from the acquisition of new businesses.
[14] Amortization of intangible assets includes those resulting from the acquisition of new businesses.
[15] Amortization of intangible assets includes those resulting from the acquisition of new businesses.
[16] Indirect expenses represent corporate costs and shared expenses allocated to businesses.