The Middleby Corporation (MIDD) 10-K 26 Feb 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 28, 2019	Feb. 24, 2020	Jun. 29, 2019
Cover page.
Document Fiscal Period Focus	FY
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 28, 2019
Document Transition Report	false
Entity File Number	1-9973
Entity Registrant Name	THE MIDDLEBY CORPORATION
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	36-3352497
Entity Address, Address Line One	1400 Toastmaster Drive,
Entity Address, City or Town	Elgin,
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60120
City Area Code	(847)
Local Phone Number	741-3300
Title of 12(b) Security	Common stock,
Trading Symbol	MIDD
Security Exchange Name	NASDAQ
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Public Float			$ 7,494,902,608
Entity Common Stock, Shares Outstanding		56,189,686
Entity Central Index Key	0000769520
Current Fiscal Year End Date	--12-28
Document Fiscal Year Focus	2019
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 28, 2019	Dec. 29, 2018
Common Stock, Value, Issued	$ 145	$ 145
Current assets:
Cash and cash equivalents	94,500	71,701
Accounts Receivable, Net, Current	447,612	398,660
Inventory, Net	585,699	521,810
Prepaid expenses and other	61,224	50,940
Prepaid Taxes	20,161	18,483
Total current assets	1,209,196	1,061,594
Property, Plant and Equipment, Net	352,145	314,569
Goodwill	1,849,747	1,743,175
Other intangibles	1,443,381	1,361,024
Deferred Income Tax Assets, Net	36,932	32,188
Other assets	110,742	37,231
Total Assets	5,002,143	4,549,781
Current liabilities:
Current maturities of long-term debt	2,894	3,207
Accounts payable	173,693	188,299
Accrued expenses	416,550	367,446
Total current liabilities	593,137	558,952
Long-term debt	1,870,246	1,888,898
Long-term deferred tax liability	133,500	113,896
Liability, Defined Benefit Pension Plan, Noncurrent	289,086	253,119
Other non-current liabilities	169,360	69,713
Stockholders' equity:
Common Stock, Value, Issued	145	145
Paid-in capital	387,402	377,419
Treasury Stock, Value	451,262	445,118
Retained earnings	2,361,462	2,009,233
Accumulated other comprehensive loss	(350,933)	(276,476)
Total stockholders' equity	1,946,814	1,665,203
Total liabilities and stockholders' equity	$ 5,002,143	$ 4,549,781

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 28, 2019	Dec. 29, 2018
Allowance for Doubtful Accounts Receivable, Current	$ 14,886	$ 13,608
Less accumulated depreciation	(197,629)	(167,737)
Finite-Lived Intangible Assets, Accumulated Amortization	$ (333,507)	$ (268,414)
Preferred stock, par value (in usd per share)	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	2,000,000	2,000,000
Preferred stock, shares issued	0	0
Common Stock, Shares Authorized	95,000,000	95,000,000
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, shares issued	63,129,775	62,592,707
Treasury Stock, Shares	6,940,089	6,889,241

CONSOLIDATED STATEMENTS OF EARN

CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) $ in Thousands		12 Months Ended
		Dec. 28, 2019		Dec. 29, 2018		Dec. 30, 2017
Net sales		$ 2,959,446		$ 2,722,931		$ 2,335,542
Cost of Sales		1,855,949		1,718,791		1,422,801
Gross profit		1,103,497		1,004,140		912,741
Selling, General and Administrative Expense		593,813		538,842		468,219
Restructuring Charges		10,480		19,332		19,951
Gain (Loss) Related to Litigation Settlement		(14,839)		0		0
Gain (Loss) on Disposition of Assets		0		0		(12,042)
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)		0		0		58,000
Income from operations	[2]	514,043	[1]	445,966		378,613	[3],[4]
Net interest expense and deferred financing amortization, net		82,609		58,742		25,983
Net Periodic Benefit Cost, Other Components		(28,857)		(38,114)		(31,728)
Other (income) expense, net		(2,328)		1,825		829
Earnings before income taxes		462,619		423,513		383,529
Provision for income taxes		110,379		106,361		85,401
Net earnings		$ 352,240		$ 317,152		$ 298,128
Net earnings per share:
Basic (in usd per share)		$ 6.33		$ 5.71	[5]	$ 5.26
Diluted (in usd per share)		$ 6.33		$ 5.70	[5]	$ 5.26
Weighted average number of shares
Basic (in shares)		55,647,000		55,576,000		56,715,000
Dilutive common stock equivalents (in shares)		9,000		28,000		4,000
Diluted (in shares)		55,656,000		55,604,000		56,719,000
[1]	Gain on litigation settlement is included in Residential Kitchen.
[2]	Restructuring expenses are included in operating income of the segment to which they pertain. See note 13 for further details.
[3]	Impairment of intangible assets is included in Residential Kitchen.
[4]	Impairment of intangible assets is included in Residential Kitchen.
[5]	Sum of quarters may not equal the total for the year due to changes in the number of shares outstanding during the year.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Statement of Comprehensive Income [Abstract]
Net earnings	$ 352,240	$ 317,152	$ 298,128
Other comprehensive income:
Foreign currency translation adjustments	7,066	(43,050)	46,690
Pension liability adjustment, net of tax	(57,398)	32,125	(29,669)
Unrealized (loss) gain on interest rate swaps, net of tax	(24,125)	868	883
Other Comprehensive Income (Loss), Net of Tax	(74,457)	(10,057)	17,904
Comprehensive income	$ 277,783	$ 307,095	$ 316,032

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Thousands		Total		Common Stock	Paid-in Capital	Treasury Stock	Retained Earnings	Accumulated Other Comprehensive Income (loss)	Accumulated Defined Benefit Plans Adjustment Attributable to Parent		Interest Rate SwapRetained Earnings	Interest Rate SwapAccumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Balance, Beginning at Dec. 31, 2016		$ 1,265,318		$ 144	$ 355,287	$ (205,280)	$ 1,399,490	$ (284,323)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings		298,128		0	0	0	298,128	0
Currency translation adjustments		46,690		0	0	0	0	46,690
Change in unrecognized pension benefit costs, net of tax		(29,669)		0	0	0	0	(29,669)
Unrealized gain on interest rate swap, net of tax		883		0	0	0	0	883
Stock compensation		6,237		0	6,237	0	0	0
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs		13,399		1	13,398	0	0	0
Purchase of treasury stock		(239,838)		0	0	(239,838)	0	0
Balance, Ending at Dec. 30, 2017		1,361,148		145	374,922	(445,118)	1,697,618	(266,419)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings		317,152		0	0	0	317,152	0
Cumulative Effect on Retained Earnings, Net of Tax | Accounting Standards Update 2018-02	[1]	0		0	0	0	(1,132)	1,132
Cumulative Effect on Retained Earnings, Net of Tax | Accounting Standards Update 2014-09	[2]	(4,405)		0	0	0	(4,405)	0
Currency translation adjustments		(43,050)		0	0	0	0	(43,050)
Change in unrecognized pension benefit costs, net of tax		32,125
Change in unrecognized pension benefit costs, net of tax | Accounting Standards Update 2018-02		32,612		0	0	0	0	32,612
Unrealized gain on interest rate swap, net of tax		868
Unrealized gain on interest rate swap, net of tax | Accounting Standards Update 2018-02		(751)		0	0	0	0	(751)
Stock compensation		2,497		0	2,497	0	0	0
Balance, Ending at Dec. 29, 2018		1,665,203		145	377,419	(445,118)	2,009,233	(276,476)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of ASU 2018-02									$ 500
Adoption of ASU 2018-02 | Accounting Standards Update 2018-02		1,132	[3]						(487)	[3]	$ (1,600)	$ 1,619	[3]
Stranded Tax Effects Reclassified from OCI to Retained Earnings | Accounting Standards Update 2018-02		1,100
Net earnings		352,240		0	0	0	352,240	0
Cumulative Effect on Retained Earnings, Net of Tax		(100)
Cumulative Effect on Retained Earnings, Net of Tax | Accounting Standards Update 2017-12		0		0	0	0	(11)	11
Currency translation adjustments		7,066		0	0	0	0	7,066
Change in unrecognized pension benefit costs, net of tax		(57,398)		0	0	0	0	(57,398)
Unrealized gain on interest rate swap, net of tax		(24,125)
Unrealized gain on interest rate swap, net of tax | Accounting Standards Update 2017-12		(24,136)		0	0	0	0	(24,136)
Stock compensation		8,133		0	8,133	0	0	0
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs		1,850		0	1,850	0	0	0
Purchase of treasury stock		(6,144)		0	0	(6,144)	0	0
Balance, Ending at Dec. 28, 2019		1,946,814		$ 145	$ 387,402	$ (451,262)	$ 2,361,462	$ (350,933)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Adoption of ASU 2018-02 | Accounting Standards Update 2017-12	[4]	$ 11							$ 0			$ 11
[1]	As of December 31, 2017, the company adopted ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The adoption of this guidance resulted in the reclassification of $1.1 million , including $1.6 million related to interest rate swap and $(0.5) million related to pensions, of stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 from accumulated other comprehensive income to retained earnings.
[2]	As of December 31, 2017, the company adopted ASU No. 2014-09, Revenue from Contracts with Customers (ASC 606) using the modified retrospective method to contracts that were not completed as of December 30, 2017. The adoption of this guidance resulted in the recognition of $(4.4) million as an adjustment to the opening balance of retained earnings.
[3]	As of December 31, 2017, the company adopted ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The adoption of this guidance resulted in the reclassification of $1.1 million of stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 from accumulated other comprehensive income to retained earnings.
[4]	(3) As of December 30, 2018, the company adopted ASU No. 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities" using the modified retrospective method. The adoption of this guidance resulted in the recognition of less than $(0.1) million as an adjustment to the opening balance of retained earnings.

CONSOLIDATED STATEMENTS OF CH_2

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	$ (11,914)	$ 6,386	$ (5,588)
Unrealized (loss) gain on interest rate swap, tax	$ (8,516)	$ (81)	$ 588

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Statement of Cash Flows [Abstract]
Stock Issued During Period, Value, Acquisitions	$ 0	$ 0	$ 13,399
Cash flows from operating activities--
Net earnings	352,240	317,152	298,128
Adjustments to reconcile net earnings to net cash provided by operating activities
Depreciation and amortization	103,428	97,238	69,774
Non-cash share-based compensation	8,133	2,497	6,237
Deferred income taxes	22,212	20,489	(14,492)
Net Periodic Benefit Cost, Other Components	(28,857)	(38,114)	(31,728)
Gain (Loss) on Disposition of Assets	0	0	(12,042)
Gain (Loss) on Sale of Assets and Asset Impairment Charges	0	783	3,114
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	0	0	58,000
Non Cash Restructuring	0	5,637	0
Changes in assets and liabilities, net of acquisitions
Accounts receivable, net	(27,748)	(25,347)	26,180
Inventories, net	(28,288)	(28,378)	(9,744)
Prepaid expenses and other assets	5,067	18,145	(34,122)
Accounts payable	(29,396)	13,611	(21,631)
Accrued expenses and other liabilities	634	(14,799)	(33,219)
Net cash provided by operating activities	377,425	368,914	304,455
Cash flows from investing activities--
Additions to property and equipment	(46,609)	(36,040)	(54,493)
Proceeds from Sale of Property Held-for-sale	0	0	14,278
Payments to Acquire Intangible Assets	0	5,399	0
Payments to Acquire Businesses, Net of Cash Acquired	(281,058)	(1,197,984)	(305,251)
Net cash (used in) investing activities	(327,667)	(1,239,423)	(345,466)
Cash flows from financing activities--
Proceeds from (Repayments of) Lines of Credit	543,294	1,611,110	758,883
Repayments of Lines of Credit	(560,363)	(746,281)	(462,112)
Net (repayments) proceeds under foreign bank loan	(405)	(7,088)	(1,062)
Repayments of Notes Payable	(179)	(3)	(35)
Proceeds from (Payments for) Other Financing Activities	(1,648)	(1,234)	0
Repurchase of treasury stock	(6,144)	0	(239,838)
Payments of Debt Issuance Costs	0	(375)	0
Net cash (used in) provided by financing activities	(25,445)	856,129	55,836
Effect of exchange rates on cash and cash equivalents	(1,514)	(3,573)	6,344
Changes in cash and cash equivalents--
Net (decrease) increase in cash and cash equivalents	22,799	(17,953)	21,169
Cash and cash equivalents at beginning of year	71,701	89,654	68,485
Cash and cash equivalents at end of quarter	$ 94,500	$ 71,701	$ 89,654

Nature of Operations

Nature of Operations	12 Months Ended
	Dec. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	NATURE OF OPERATIONS The Middleby Corporation (the "company") is engaged in the design, manufacture and sale of commercial foodservice, food processing equipment and residential kitchen equipment. The company manufactures and assembles this equipment at thirty-seven U.S. and twenty-eight international manufacturing facilities. The company operates in three business segments: 1) the Commercial Foodservice Equipment Group, 2) the Food Processing Equipment Group and 3) the Residential Kitchen Equipment Group. The Commercial Foodservice Equipment Group has a broad portfolio of foodservice equipment, which enable it to serve virtually any cooking, warming, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation. This equipment is used across all types of foodservice operations, including quick-service restaurants, full-service restaurants, convenience stores, retail outlets, hotels and other institutions. The products offered by this group include conveyor ovens, combi-ovens, convection ovens, baking ovens, proofing ovens, deck ovens, speed cooking ovens, hydrovection ovens, ranges, fryers, rethermalizers, steam cooking equipment, food warming equipment, catering equipment, heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, coldrooms, ice machines, freezers, soft serve ice cream equipment, coffee and beverage dispensing equipment, home and professional craft brewing equipment and IoT solutions. The Food Processing Equipment Group offers a broad portfolio of processing solutions for customers producing pre-cooked meat products, such as hot dogs, dinner sausages, poultry and lunchmeats and baked goods such as muffins, cookies and bread. Through its broad line of products, the company is able to deliver a wide array of cooking solutions to service a variety of food processing requirements demanded by its customers. The company can offer highly integrated solutions that provide a food processing operation a uniquely integrated solution providing for the highest level of food quality, product consistency, and reduced operating costs resulting from increased product yields, increased capacity and greater throughput and reduced labor costs through automation. The products offered by this group include a wide array of cooking and baking solutions, including batch ovens, baking ovens, proofing ovens, conveyor belt ovens, continuous processing ovens, frying systems and automated thermal processing systems . The company also provides a comprehensive portfolio of complementary food preparation equipment such as grinders, slicers, reduction and emulsion systems, mixers, blenders, battering equipment, breading equipment, seeding equipment, water cutting systems, food presses, food suspension equipment, filling and depositing solutions , and forming equipment, as well as a variety of automated loading and unloading systems, food safety, food handling, freezing, defrosting and packaging equipment. This portfolio of equipment can be integrated to provide customers a highly efficient and customized solution. The Residential Kitchen Equipment Group has a broad portfolio of innovative and professional-style residential kitchen equipment. The products offered by this group include ranges, cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, ventilation equipment and outdoor equipment .

Acquisitions and Purchase Accou

Acquisitions and Purchase Accounting Acquisition and Purchase Accounting (Notes)	12 Months Ended
	Dec. 28, 2019
Business Acquisition [Line Items]
Business Combination Disclosure [Text Block]	ACQUISITIONS AND PURCHASE ACCOUNTING The company operates in a highly fragmented industry and has completed numerous acquisitions over the past several years as a component of its growth strategy. The company has acquired industry leading brands and technologies to position itself as a leader in the commercial foodservice equipment, food processing equipment and residential kitchen equipment industries. The company has accounted for all business combinations using the acquisition method to record a new cost basis for the assets acquired and liabilities assumed. The difference between the purchase price and the fair value of the assets acquired and liabilities assumed has been recorded as goodwill in the financial statements. The company also recognizes identifiable intangible assets, primarily trade names and customer relationships, using a discounted cash flow model. The significant assumptions used to estimate the value of the intangible assets include revenue growth rates, projected profit margins, discount rates, royalty rates, and customer attrition rates. These significant assumptions are forward-looking and could be affected by future economic and market conditions. The results of operations are reflected in the consolidated financial statements of the company from the dates of acquisition. The following represents the company's significant acquisitions in 2019 and 2018 as well as summarized information on various acquisitions that were not individually material. The company also made smaller acquisitions not presented below which are individually and collectively immaterial. Taylor On June 22, 2018, the company completed its acquisition of all of the capital stock of the Taylor Company ("Taylor"), a world leader in beverage solutions, soft serve and ice cream dispensing equipment, frozen drink machines, and automated double-sided grills, located in Rockton, Illinois, for a purchase price of approximately $1.0 billion , net of cash acquired. During the fourth quarter of 2018, the company finalized the working capital provision provided for by the purchase agreement resulting in a refund from the seller of $11.5 million . The final allocation of consideration paid for the Taylor acquisition is summarized as follows (in thousands): (as initially reported) June 22, 2018 Measurement Period Adjustments (as adjusted) June 22, 2018 Cash $ 2,551 $ 64 $ 2,615 Current assets 71,162 (2,011 ) 69,151 Property, plant and equipment 21,187 (556 ) 20,631 Goodwill 491,339 (120,497 ) 370,842 Other intangibles 484,210 119,550 603,760 Other assets — 361 361 Long-term deferred tax asset — 227 227 Current liabilities (48,417 ) (4,099 ) (52,516 ) Other non-current liabilities (8,161 ) (648 ) (8,809 ) Net assets acquired and liabilities assumed $ 1,013,871 $ (7,609 ) $ 1,006,262 The goodwill and $304.7 million of other intangibles associated with the trade name are subject to the non-amortization provisions of ASC 350. Other intangibles also include $290.9 million allocated to customer relationships, $1.7 million of existing developed oven technology, $4.4 million of equipment backlog, and $2.1 million of deferred service backlog, which are being amortized over periods up to 15 years , 5 years , 3 months , and 3 years , respectively. Goodwill and other intangibles of Taylor are allocated to the Commercial Foodservice Equipment Group for segment reporting purposes. A significant portion of the assets are expected to be deductible for tax purposes. Cooking Solutions Group On April 1, 2019, the company completed its acquisition of all of the capital stock of Cooking Solutions Group, Inc. ("Cooking Solutions Group") from Standex International Corporation, which consists of the brands APW Wyott, Bakers Pride, BKI and Ultrafryer with locations in Texas, South Carolina and Mexico for a purchase price of approximately $106.1 million , net of cash acquired. During the third quarter of 2019, the company finalized the working capital provision provided for by the purchase agreement resulting in a payment due to the sellers of $0.1 million . The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands): (as initially April 1, 2019 Preliminary Measurement (as adjusted) Cash $ 843 $ — $ 843 Current assets 33,666 (1,325 ) 32,341 Property, plant and equipment 15,959 (243 ) 15,716 Goodwill 31,207 5,327 36,534 Other intangibles 53,450 (5,850 ) 47,600 Other assets — 1,470 1,470 Current liabilities (15,130 ) (368 ) (15,498 ) Long-term deferred tax liability (13,082 ) 2,226 (10,856 ) Other non-current liabilities — (1,163 ) (1,163 ) Net assets acquired and liabilities assumed $ 106,913 $ 74 $ 106,987 The long term deferred tax liability amounted to $10.9 million . The net deferred tax liability is comprised of $11.6 million of deferred tax liability related to the difference between the book and tax basis on identifiable intangible asset and liability accounts and $0.7 million of deferred tax asset related to the difference between the book and tax basis on identifiable tangible assets and liability accounts. The goodwill and $24.7 million of other intangibles associated with the trade name is subject to the non-amortization provisions of ASC 350. Other intangibles also include $22.5 million allocated to customer relationships and $0.4 million allocated to backlog, which are being amortized over periods of 9 years and 3 months , respectively. Goodwill and other intangibles of Cooking Solutions Group are allocated to the Commercial Foodservice Equipment Group for segment reporting purposes. These assets are not expected to be deductible for tax purposes. The company believes that information gathered to date provides a reasonable basis for estimating the fair values of assets acquired and liabilities assumed, but the company is waiting for additional information necessary to finalize those fair values. Thus, the provisional measurements of fair value set forth above are subject to change. The company will complete the purchase price allocation in the first quarter of fiscal 2020. Other 2018 Acquisitions During 2018 the company completed various other acquisitions that were not individually material. The final allocation of consideration paid for the other 2018 acquisitions is summarized as follows (in thousands): Preliminary Opening Balance Sheet Measurement Adjusted Opening Balance Sheet Cash $ 16,293 $ (37 ) $ 16,256 Current assets 38,048 115 38,163 Property, plant and equipment 22,340 3,658 25,998 Goodwill 126,647 (14,312 ) 112,335 Other intangibles 46,902 15,900 62,802 Other assets 14 — 14 Current portion of long term debt (3,329 ) — (3,329 ) Current liabilities (23,606 ) (1,521 ) (25,127 ) Long term debt (2,677 ) — (2,677 ) Long-term deferred tax liability (8,937 ) (4,923 ) (13,860 ) Other non-current liabilities (3,699 ) — (3,699 ) Consideration paid at closing $ 207,996 $ (1,120 ) $ 206,876 Contingent consideration 3,454 — 3,454 Net assets acquired and liabilities assumed $ 211,450 $ (1,120 ) $ 210,330 The long term deferred tax liability amounted to $13.9 million . The net deferred tax liability is comprised of $13.1 million of deferred tax liability related to the difference between the book and tax basis of identifiable intangible assets and $0.8 million of deferred tax liability related to the difference between the book and tax basis on identifiable tangible asset and liability accounts. The goodwill and $30.7 million of other intangibles associated with the trade names are subject to the non-amortization provisions of ASC 350. Other intangibles also include $28.6 million allocated to customer relationships, $0.3 million allocated to developed technology and $3.3 million allocated to backlog, which are being amortized over periods of 5 to 7 years , 5 years , and 3 months to 1 year , respectively. Goodwill of $85.4 million and other intangibles of $42.9 million of the companies are allocated to the Commercial Foodservice Equipment Group. Goodwill of $26.9 million and other intangibles of $19.9 million are allocated to the Food Processing Equipment Group for segment reporting purposes. Of these assets, goodwill of $22.1 million is expected to be deductible for tax purposes. One purchase agreement includes an earnout provision providing for contingent payments due to the sellers to the extent certain financial targets are exceeded. The earnout is payable between 2020 and 2021, if the company exceeds certain sales and earnings targets. The contractual obligation associated with the contingent earnout provision recognized on the acquisition date is $3.5 million . Other 2019 Acquisitions During 2019 the company completed various other acquisitions that were not individually material. The following estimated fair values of assets acquired and liabilities assumed are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands): Preliminary Opening Balance Sheet Measurement Adjusted Opening Balance Sheet Cash $ 2,683 $ (10 ) $ 2,673 Current assets 21,525 980 22,505 Property, plant and equipment 8,920 18 8,938 Goodwill 99,838 (3,096 ) 96,742 Other intangibles 64,019 199 64,218 Long-term deferred tax asset 1,288 1,478 2,766 Other assets 137 854 991 Current liabilities (20,437 ) (535 ) (20,972 ) Other non-current liabilities (6,170 ) (529 ) (6,699 ) Consideration paid at closing $ 171,803 $ (641 ) $ 171,162 Deferred payments 2,404 — 2,404 Contingent consideration 4,258 — 4,258 Net assets acquired and liabilities assumed $ 178,465 $ (641 ) $ 177,824 The long term deferred tax asset amounted to $2.8 million . The net deferred tax asset is comprised of $3.0 million of deferred tax asset related to tax loss carryforwards, $0.9 million of deferred tax liability related to the difference between the book and tax basis of identifiable intangible assets, and $0.7 million of deferred tax asset related to the difference between the book and tax basis on other book to tax differences and liability accounts. The goodwill and $29.6 million of other intangibles associated with the trade names are subject to the non-amortization provisions of ASC 350. Other intangibles also include $23.9 million allocated to customer relationships, $9.2 million allocated to developed technology and $1.5 million allocated to backlog, which are being amortized over periods of 2 to 10 years , 5 to 7 years , and 3 months , respectively. Goodwill of $43.6 million and other intangibles of $35.2 million of the companies are allocated to the Commercial Foodservice Equipment Group. Goodwill of $43.6 million and other intangibles of $21.3 million are allocated to the Food Processing Equipment Group. Goodwill of $9.5 million and other intangibles of $7.7 million are allocated to the Residential Kitchen Equipment Group for segment reporting purposes. Of these assets, goodwill of $85.5 million and intangibles of $54.1 million are expected to be deductible for tax purposes. One purchase agreement includes deferred payments and earnout provisions providing for contingent payments due to the sellers to the extent certain financial targets are exceeded. The deferred payments are payable between 2020 and 2022. The contractual obligation associated with the deferred payments on the acquisition date is $2.4 million . The earnout is payable in 2022, if the company exceeds certain sales and earnings targets. The contractual obligation associated with the contingent earnout provision recognized on the acquisition date is $4.3 million . The company believes that information gathered to date provides a reasonable basis for estimating the fair values of assets acquired and liabilities assumed, but the company is waiting for additional information necessary to finalize those fair values for substantially all 2019 acquisitions. Thus, the provisional measurements of fair value set forth above are subject to change. The company will complete the purchase price allocations during 2020. Pro Forma Financial Information In accordance with ASC 805 Business Combinations , the following unaudited pro forma results of operations for the twelve months ended December 28, 2019 and December 29, 2018 , assumes the 2018 and 2019 acquisitions were completed on December 31, 2017 (first day of fiscal year 2018). The following pro forma results include adjustments to reflect additional interest expense to fund the acquisitions, amortization of intangibles associated with the acquisitions, and the effects of adjustments made to the carrying value of certain assets (in thousands, except per share data): Twelve Months Ended December 28, 2019 December 29, 2018 Net sales $ 3,022,279 $ 3,078,487 Net earnings 344,823 285,642 Net earnings per share: Basic $ 6.20 $ 5.14 Diluted $ 6.20 $ 5.14 The historical consolidated financial information of the Company and the acquisitions have been adjusted in the pro forma information to give effect to pro forma events that are (1) directly attributable to the transactions, (2) factually supportable and (3) expected to have a continuing impact on the combined results. Pro forma data may not be indicative of the results that would have been obtained had these acquisitions occurred at the beginning of the periods presented, nor is it intended to be a projection of future results. Additionally, the pro forma financial information does not reflect the costs which the company has incurred or may incur to integrate the acquired businesses.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 28, 2019
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (a) Basis of Presentation The consolidated financial statements include the accounts of the company and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The company's consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires the company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses as well as related disclosures. Significant items that are subject to such estimates and judgments include allowances for doubtful accounts, reserves for excess and obsolete inventories, long-lived and intangible assets, warranty reserves, insurance reserves, income tax reserves and post-retirement obligations. On an ongoing basis, the company evaluates its estimates and assumptions based on historical experience and various other factors that are believed to be reasonable under the circumstances. Actual results may differ from these estimates under different assumptions or conditions. The company's fiscal year ends on the Saturday nearest December 31. Fiscal years 2019 , 2018 , and 2017 ended on December 28, 2019 , December 29, 2018 and December 30, 2017 , respectively, with each year including 52 weeks. Certain prior year amounts have been reclassified to be consistent with current year presentation, including the non-operating components of pension benefit previously reported in accrued expenses and other liabilities within the changes in assets and liabilities, net of acquisitions to an individual adjustment to reconcile net earnings to cash provided by operating activities on the Consolidated Statements of Cash Flows. (b) Cash and Cash Equivalents The company considers all short-term investments with original maturities of three months or less when acquired to be cash equivalents. The company’s policy is to invest its excess cash in interest-bearing deposits with major banks that are subject to minimal credit and market risk. (c) Accounts Receivable Accounts receivable, as shown in the consolidated balance sheets, are net of allowances for doubtful accounts of $14.9 million and $13.6 million at December 28, 2019 and December 29, 2018 , respectively. At December 28, 2019 , all accounts receivable are expected to be collected within one year. (d) Inventories Inventories are composed of material, labor and overhead and are stated at the lower of cost or net realizable value. Costs for inventory have been determined using the first-in, first-out ("FIFO") method. The company estimates reserves for inventory obsolescence and shrinkage based on its judgment of future realization. Inventories at December 28, 2019 and December 29, 2018 are as follows (in thousands): 2019 2018 Raw materials and parts $ 277,394 $ 245,976 Work in process 58,663 51,164 Finished goods 249,642 224,670 $ 585,699 $ 521,810 (e) Property, Plant and Equipment Property, plant and equipment are carried at cost as follows (in thousands): 2019 2018 Land $ 43,467 $ 32,523 Building and improvements 229,025 196,743 Furniture and fixtures 67,992 64,586 Machinery and equipment 209,290 188,454 549,774 482,306 Less accumulated depreciation (197,629 ) (167,737 ) $ 352,145 $ 314,569 Property, plant and equipment are depreciated or amortized on a straight-line basis over their useful lives based on management's estimates of the period over which the assets will be utilized to benefit the operations of the company. The useful lives are estimated based on historical experience with similar assets, taking into account anticipated technological or other changes. The company periodically reviews these lives relative to physical factors, economic factors and industry trends. If there are changes in the planned use of property and equipment or if technological changes were to occur more rapidly than anticipated, the useful lives assigned to these assets may need to be shortened, resulting in the recognition of increased depreciation and amortization expense in future periods. Following is a summary of the estimated useful lives: Description Life Building and improvements 20 to 40 years Furniture and fixtures 3 to 7 years Machinery and equipment 3 to 10 years Depreciation expense amounted to $37.9 million , $35.8 million and $29.7 million in fiscal 2019 , 2018 and 2017 , respectively. Expenditures which significantly extend useful lives are capitalized. Maintenance and repairs are charged to expense as incurred. Asset impairments are recorded whenever events or changes in circumstances indicate that the recorded value of an asset is greater than the sum of its expected future undiscounted cash flows. (f) Goodwill and Other Intangibles The company’s business acquisitions result in the recognition of goodwill and other intangible assets, which are a significant portion of the company’s total assets. The company recognizes goodwill and other intangible assets under the guidance of ASC Topic 350-10, Intangibles - Goodwill and Other . Goodwill represents the excess of acquisition costs over the fair value of the net tangible assets and identifiable intangible assets acquired in a business combination. Identifiable intangible assets are recognized separately from goodwill and include trademarks and trade names, technology, customer relationships and other specifically identifiable assets. Trademarks and trade names are deemed to be indefinite-lived. Goodwill and indefinite-lived intangible assets are not amortized, but are subject to impairment testing. The company performs the annual impairment assessment for goodwill and indefinite-lived intangible assets as of first day of the fourth quarter and more frequently if indicators of impairment exist. The goodwill impairment test is performed at the reporting unit level. The company initially performs a qualitative analysis to determine if it is more likely than not that the goodwill balance or indefinite-life intangible asset is impaired. In conducting a qualitative assessment, the Company analyzes a variety of events or factors that may influence the fair value of the reporting unit or indefinite-life intangible, including, but not limited to: macroeconomic conditions, industry and market considerations, cost factors, overall financial performance, share price and other relevant factors. If an indicator of impairment is determined from the qualitative analysis, then the company will perform a two-step quantitative analysis. First, the fair value of each reporting unit is compared to its carrying value. If the fair value of the reporting unit is less than its carrying value, the company performs a hypothetical purchase price allocation based on the reporting unit’s fair value to determine the fair value of the reporting unit’s goodwill. Any resulting difference will be a charge to impairment of intangible assets in the Consolidated Statements of Earnings in the period in which the determination is made. Fair value is determined using a combination of present value techniques and market prices of comparable businesses. The company completed its annual impairment test for goodwill as of September 29, 2019. The company performed a qualitative assessment to evaluate goodwill for all reporting units. Based on the qualitative assessment it was determined there was no impairment of goodwill. The company has not recognized any goodwill impairments and therefore no accumulated impairment loss. Goodwill is allocated to the business segments as follows (in thousands): Commercial Foodservice Food Processing Residential Kitchen Total Balance as of December 30, 2017 $ 631,451 $ 198,278 $ 435,081 $ 1,264,810 Goodwill acquired during the year 487,032 30,624 — 517,656 Measurement period adjustments to goodwill acquired in prior year (1,559 ) (5,679 ) — (7,238 ) Exchange effect (14,857 ) (4,169 ) (13,027 ) (32,053 ) Balance as of December 29, 2018 $ 1,102,067 $ 219,054 $ 422,054 $ 1,743,175 Goodwill acquired during the year 81,339 43,613 9,503 134,455 Measurement period adjustments to goodwill acquired in prior year (27,929 ) (3,722 ) — (31,651 ) Exchange effect (1,925 ) (1,266 ) 6,959 3,768 Balance as of December 28, 2019 $ 1,153,552 $ 257,679 $ 438,516 $ 1,849,747 Intangible assets consist of the following (in thousands): December 28, 2019 December 29, 2018 Estimated Weighted Avg Remaining Life Gross Carrying Amount Accumulated Amortization Estimated Weighted Avg Remaining Life Gross Carrying Amount Accumulated Amortization Amortized intangible assets: Customer relationships 9.2 $ 717,397 $ (283,846 ) 9.5 $ 644,145 $ (222,661 ) Backlog 1.3 29,426 (28,283 ) 2.8 27,065 (24,755 ) Developed technology 5.2 32,999 (21,378 ) 5.9 39,624 (20,998 ) $ 779,822 $ (333,507 ) $ 710,834 $ (268,414 ) Indefinite-lived assets: Trademarks and tradenames $ 997,066 $ 918,604 The company completed its annual impairment for other intangibles as of September 29, 2019. We identified indicators of impairment associated with certain tradenames within the Food Processing and Residential Kitchen reporting units based on the qualitative assessment, which required the completion of a quantitative impairment assessment. The primary indicator of impairment was lower than expected revenue performance in the current year. Based on the results of the quantitative assessment, the company determined there was no impairment of any of the indefinite-lived intangible assets. In performing the quantitative assessment of indefinite-life intangible assets, primarily tradenames, the company estimated the fair value using the relief-from-royalty method which requires assumptions related to projected revenues; assumed royalty rates that could be payable if we did not own the brand; and a market participant discount rate based on a weighted-average cost of capital. The company elected to perform a qualitative assessment on the other indefinite-life intangible assets noting no events that indicated that the fair value was less than carrying value that would require a quantitative impairment assessment. The estimates of future cash flows used in determining the fair value of goodwill and intangible assets involve significant management judgment and are based upon assumptions about expected future operating performance, economic conditions, market conditions and cost of capital. Inherent in estimating the future cash flows are uncertainties beyond our control, such as changes in capital markets. The actual cash flows could differ materially from management's estimates due to changes in business conditions, operating performance and economic conditions. During 2017 testing, the company determined that the Viking tradename, within the Residential Kitchen Equipment Group, was impaired. The company estimated the fair value of the tradename using a relief from royalty method under the income approach. The decline in fair value of the Viking tradename was primarily the result of weaker than expected revenue performance in 2017 and a corresponding reduction of future revenue expectations. The impairment resulted from the decline in revenues attributable, in part, to the product recall announced in 2015 related to products manufactured prior to the acquisition of Viking. The fair value of the Viking tradename was estimated to be $93.0 million as compared to the carrying value of $151.0 million and resulted in a $58.0 million indefinite-lived intangible asset impairment charge. The aggregate intangible amortization expense was $64.0 million , $60.0 million and $38.6 million in 2019 , 2018 and 2017 , respectively. The estimated future amortization expense of intangible assets is as follows (in thousands): 2020 $ 66,177 2021 62,246 2022 57,921 2023 51,916 2024 40,456 2025 and thereafter 167,599 $ 446,315 (g) Accrued Expenses Accrued expenses consist of the following at December 28, 2019 and December 29, 2018 , respectively (in thousands): 2019 2018 Accrued payroll and related expenses $ 81,541 $ 74,952 Contract liabilities 74,511 57,913 Accrued warranty 66,374 59,451 Accrued customer rebates 51,709 45,740 Accrued short-term leases 21,827 — Accrued sales and other tax 19,862 19,452 Accrued product liability and workers compensation 15,164 16,284 Accrued agent commission 13,816 11,969 Accrued professional fees 13,368 17,313 Other accrued expenses 58,378 64,372 $ 416,550 $ 367,446 (h) Litigation Matters From time to time, the company is subject to proceedings, lawsuits and other claims related to products, suppliers, employees, customers and competitors. The company maintains insurance to partially cover product liability, workers compensation, property and casualty, and general liability matters. The company is required to assess the likelihood of any adverse judgments or outcomes to these matters as well as potential ranges of probable losses. A determination of the amount of accrual required, if any, for these contingencies is made after assessment of each matter and the related insurance coverage. The required accrual may change in the future due to new developments or changes in approach such as a change in settlement strategy in dealing with these matters. The company does not believe that any such matter will have a material adverse effect on its financial condition, results of operations or cash flows of the company. During the fourth quarter, we reached a settlement with respect to a lawsuit filed by the company arising from a prior acquisition included our Residential Kitchen Equipment Segment. The gain associated with this settlement, which is net of the release of funds in escrow, is reflected in the consolidated statement of earnings. (i) Accumulated Other Comprehensive Income (Loss) The following table summarizes the components of accumulated other comprehensive income (loss) as reported in the consolidated balance sheets (in thousands): 2019 2018 Unrecognized pension benefit costs, net of tax of ($48,633) and ($36,719) $ (228,336 ) $ (170,938 ) Unrealized gain on interest rate swap, net of tax of ($5,973) and $2,543 (16,892 ) 7,233 Currency translation adjustments (105,705 ) (112,771 ) $ (350,933 ) $ (276,476 ) Changes in accumulated other comprehensive income (loss) (1) were as follows (in thousands): Currency Translation Adjustment Pension Benefit Costs Unrealized Gain/(Loss) Interest Rate Swap Total Balance as of December 30, 2017 $ (69,721 ) $ (203,063 ) $ 6,365 $ (266,419 ) Adoption of ASU 2018-02 (2) — (487 ) 1,619 1,132 Other comprehensive income before reclassification (43,050 ) 29,527 (1,166 ) (14,689 ) Amounts reclassified from accumulated other comprehensive income — 3,085 415 3,500 Net current-period other comprehensive income $ (43,050 ) $ 32,125 $ 868 $ (10,057 ) Balance as of December 29, 2018 $ (112,771 ) $ (170,938 ) $ 7,233 $ (276,476 ) Adoption of ASU 2017-12 (3) — — 11 11 Other comprehensive income before reclassification 7,066 (59,238 ) (25,392 ) (77,564 ) Amounts reclassified from accumulated other comprehensive income — 1,840 1,256 3,096 Net current-period other comprehensive income $ 7,066 $ (57,398 ) $ (24,125 ) $ (74,457 ) Balance as of December 28, 2019 $ (105,705 ) $ (228,336 ) $ (16,892 ) $ (350,933 ) (1) As of December 28, 2019 pension and interest rate swap amounts are net of tax of $(48.6) million and $(6.0) million , respectively. During the twelve months ended December 28, 2019, the adjustments to pension benefit costs and unrealized gain/(loss) interest rate swap were net of tax of $(11.9) million and $(8.5) million , respectively. (2) As of December 31, 2017, the company adopted ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The adoption of this guidance resulted in the reclassification of $1.1 million of stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 from accumulated other comprehensive income to retained earnings. (3) As of December 30, 2018, the company adopted ASU No. 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities" using the modified retrospective method. The adoption of this guidance resulted in the recognition of less than $(0.1) million as an adjustment to the opening balance of retained earnings. (j) Fair Value Measures ASC 820 Fair Value Measurements and Disclosures defines fair value as the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 establishes a fair value hierarchy, which prioritizes the inputs used in measuring fair value into the following levels: Level 1 – Quoted prices in active markets for identical assets or liabilities Level 2 – Inputs, other than quoted prices in active markets, that are observable either directly or indirectly Level 3 – Unobservable inputs based on our own assumptions The company’s financial assets and liabilities that are measured at fair value are categorized using the fair value hierarchy at December 28, 2019 and December 29, 2018 are as follows (in thousands): Fair Value Level 1 Fair Value Level 2 Fair Value Level 3 Total As of December 28, 2019 Financial Assets: Interest rate swaps $ — $ 1,830 $ — $ 1,830 Financial Liabilities: Interest rate swaps $ — $ 25,120 $ — $ 25,120 Contingent consideration $ — $ — $ 6,697 $ 6,697 Foreign exchange derivative contracts $ — $ 901 $ — $ 901 As of December 29, 2018 Financial Assets: Interest rate swaps $ — $ 13,487 $ — $ 13,487 Financial Liabilities: Interest rate swaps $ — $ 4,125 $ — $ 4,125 Contingent consideration $ — $ — $ 3,566 $ 3,566 Foreign exchange derivative contracts $ — $ 854 $ — $ 854 The contingent consideration, as of December 28, 2019 and December 29, 2018 , relates to the earnout provisions recorded in conjunction with various purchase agreements. The earnout provisions associated with these acquisitions are based upon performance measurements related to sales and earnings, as defined in the respective purchase agreements. On a quarterly basis, the company assesses the projected results for each of the acquisitions in comparison to the earnout targets and adjusts the liability accordingly. (k) Foreign Currency Foreign currency transactions are accounted for in accordance with ASC 830 Foreign Currency Translation . The income statements of the company’s foreign operations are translated at the monthly average rates. Assets and liabilities of the company’s foreign operations are translated at exchange rates at the balance sheet date. These translation adjustments are not included in determining net income for the period but are disclosed and accumulated in a separate component of stockholders’ equity. Exchange gains and losses on foreign currency transactions are included in determining net income for the period in which they occur. These transactions amounted to a gain of $0.9 million , and loss of $2.6 million and $2.4 million in 2019 , 2018 and 2017 , respectively, and are included in other expense on the statements of earnings. (l) Shipping and Handling Costs Fees billed to the customer for shipping and handling are classified as a component of net revenues. Shipping and handling costs are included in cost of products sold. (m) Warranty Costs In the normal course of business, the company issues product warranties for specific product lines and provides for the estimated future warranty cost in the period in which the sale is recorded. The estimate of warranty cost is based on contract terms and historical warranty loss experience that is periodically adjusted for recent actual experience. Because warranty estimates are forecasts that are based on the best available information, claims costs may differ from amounts provided. Adjustments to initial obligations for warranties are made as changes in the obligations become reasonably estimable. A rollforward of the warranty reserve for the fiscal years 2019 and 2018 are as follows (in thousands): 2019 2018 Beginning balance $ 59,451 $ 52,834 Warranty reserve related to acquisitions 7,353 5,884 Warranty expense 68,842 62,314 Warranty claims paid (69,272 ) (61,581 ) Ending balance $ 66,374 $ 59,451 (n) Research and Development Costs Research and development costs, included in cost of sales in the consolidated statements of earnings, are charged to expense when incurred. These costs were $41.2 million , $35.3 million and $29.1 million in fiscal 2019 , 2018 and 2017 , respectively. (o) Non-Cash Share-Based Compensation The company estimates the fair value of restricted share grants and stock options at the time of grant and recognizes compensation costs over the vesting period of the awards and options. Non-cash share-based compensation expense of $8.1 million , $2.5 million and $6.2 million was recognized for fiscal 2019 , 2018 and 2017 , respectively, associated with restricted share grants. The company recorded a related tax benefit of $0.5 million , less than $0.1 million and $2.4 million in fiscal 2019 , 2018 and 2017 , respectively. As of December 28, 2019 , there was $52.3 million of total unrecognized compensation cost related to nonvested restricted share grant compensation arrangements, if all performance conditions are fully achieved. The remaining weighted average life is 1.65 years. Share grant awards not subject to market conditions for vesting are valued at the closing share price of the company’s stock as of the date of the grant. The company issued 537,059 and 132,038 restricted share grant awards in 2019 and 2018 , respectively, with a fair value of $60.8 million and $13.3 million , respectively. Share grant awards issued in 2019 and 2018 are generally performance based and were not subject to market conditions. The fair value of $113.26 and $100.50 per share for the awards for 2019 and 2018 , respectively, represent the closing share price of the company’s stock as of the date of grant. (p) Earnings Per Share “Basic earnings per share” is calculated based upon the weighted average number of common shares actually outstanding, and “diluted earnings per share” is calculated based upon the weighted average number of common shares outstanding and other dilutive securities. The company’s potentially dilutive securities consist of shares issuable on exercise of outstanding options and vesting of restricted stock grants computed using the treasury method and amounted to 9,000 , 28,000 , and 4,000 for fiscal 2019 , 2018 and 2017 , respectively. There were no anti-dilutive equity awards excluded from common stock equivalents for 2019 , 2018 or 2017 . (q) Consolidated Statements of Cash Flows Cash paid for interest was $80.9 million , $55.3 million and $25.9 million in fiscal 2019 , 2018 and 2017 , respectively. Cash payments totaling $91.5 million , $79.0 million , and $123.3 million were made for income taxes during fiscal 2019 , 2018 and 2017 , respectively. (r) New Accounting Pronouncements Accounting Pronouncements - Recently Adopted In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The amendments under this pronouncement change the way all leases with a duration of one year or more are treated. Under this guidance, lessees are required to capitalize virtually all leases on the balance sheet as a right-of-use asset and an associated financing lease liability or operating lease liability. The company adopted this guidance on December 30, 2018 using the modified retrospective method. The company has elected the package of practical expedients to not reassess prior conclusions related to contracts containing leases, lease classification and initial direct costs. The adoption of this guidance increased total assets and liabilities due to the recognition of right-of-use assets and lease liabilities amounting to approximately $96.8 million . For additional information related to the impact of adopting this guidance, see Note 9 of the Consolidated Financial Statements. In August 2017, the FASB issued ASU 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities". The amendments in ASU-12 provide new guidance about income statement classification and eliminates the requirement to separately measure and report hedge ineffectiveness. The entire change in fair value for qualifying hedge instruments included in the effectiveness is recorded in other comprehensive income (OCI) and amounts deferred in OCI are reclassified to earnings in the same income statement line item in which the earnings effect of the hedged item is reported. The adoption of this guidance on December 30, 2018 did not have a material impact on the company's Consolidated Financial Statements. For additional information related to the impact of adopting this guidance, see Note of the Consolidated Financial Statements. In June 2018, the FASB issued ASU 2018-07, "Improvements to Nonemployee Share-Based Payment Accounting". The amendments in ASU-08 simplify several aspects of the accounting for nonemployee share-based payment transactions resulting from expanding the scope of Topic 718, Compensation—Stock Compensation, to include share-based payment transactions for acquiring goods and services from nonemployees. The adoption of this guidance on December 30, 2018 did not have an impact on the company's Consolidated Financial Statements. In August of 2018, the SEC published Final Rule Release No. 33-10532, "Disclosure Update and Simplification". This guidance streamlines disclosure requirements by removing certain redundant topics and is effective for quarterly and annual reports submitted after November 5, 2018. The adoption of this guidance on December 30, 2018 resulted in the presentation and expansion of the company's Consolidated Statements of Changes in Stockholders' Equity to display quarter-to-quarter details. Accounting Pronouncements - To be adopted In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, and has since modified the standard with several ASUs (collectively, the “new credit loss standard”). The new credit loss standard requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount. The ASU is effective for annual reporting periods, and interim reporting periods, beginning after December 15, 2019. As a result of the company's assessment process on its receivables and contract assets portfolio, which is the only financial instrument in scope of this standard, the company does not expect this ASU to have a material impact on its Consolidated Financial Statements. In January 2017, the FASB issued ASU 2017-04, "Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment". The amendments in ASU-04 simplify the subsequent measurement of goodwill, by removing the second step of the goodwill impairment test. An entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit's carrying amount over its fair value. The new guidance does not amend the optional qualitative assessment of goodwill impairment. This ASU is effective for annual reporting periods, and interim reporting periods, beginning after December 15, 2019. Early adoption is permitted for testing dates after January 1, 2017. The company is evaluating the application of this ASU on the company's annual impairment test. The company does not expect the adoption of this ASU to have a material impact on its Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-13, "Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement". The amendments in ASU-13 remove, modify and add various disclosure requirements around the topic in order to clarify and improve the cost-benefit nature of disclosures. This ASU is effective for annual reporting periods, and interim periods with those reporting periods, beginning after December 15, 2019 with early adoption permitted. The company does not expect the adoption of this ASU to have a material impact on its Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-14, "Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20)". The amendments in ASU-14 remove, modify and add various disclosure requirements around the topic in order to clarify and improve the cost-benefit nature of disclosures. This ASU is effective for annual reporting periods, and interim periods with those reporting periods, beginning after December 15, 2020 with early adoption permitted. The amendments must be applied on a retrospective basis for all periods presented. The company is currently evaluating the impacts the adoption of this ASU will have on its Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-15, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40)". The amendments in ASU-15 align the requirements for capitalizing implementation costs in a service contract hosting arrangement with those of developing or obtaining internal-use software. This ASU is effective for annual reporting periods, and interim periods with those reporting periods, beginning after December 15, 2019 with early adoption permitted. The company does not expect the adoption of this ASU to have a material impact on its Consolidated Financial Statements. In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes (Topic 740) which removes certain exceptions related to the approach for intra-period tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. This guidance also clarifies and simplifies other areas of ASC 740. This ASU is effective for annual reporting periods, and interim periods with those reporting periods, beginning after December 15, 2020 with early adoption permitted. Certain amendments in this update must be applied on a prospective basis, certain amendments must be applied on a retrospective basis, and certain amendments must be applied on a modified retrospective basis through a cumulative-effect adjustment to retained earnings in the period of adoption. The company is currently evaluating the i mpacts the adoption of this ASU will have on its Consolidated Financial Statements.

Revenue Recognition (Notes)

Revenue Recognition (Notes)	12 Months Ended
	Dec. 28, 2019
Revenue Recognition [Abstract]
Revenue from Contract with Customer [Text Block]	REVENUE RECOGNITION Revenue is recognized when the control of the promised goods or services are transferred to our customers, in an amount that reflects the consideration that we expect to receive in exchange for those goods or services. A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and represents the unit of account. A contract's transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. The company’s contracts can have multiple performance obligations or just a single performance obligation. For contracts with multiple performance obligations, the contracts transaction price is allocated to each performance obligation using the company’s best estimate of the standalone selling price of each distinct good or service in the contract. Within the Commercial Foodservice Equipment and Residential Foodservice Equipment Groups, the estimated standalone selling price of equipment is based on observable prices. Within the Food Processing Equipment Group, the company estimates the standalone selling price based on expected cost to manufacture the good or complete the service plus an appropriate profit margin. Control may pass to the customer over time or at a point in time. In general, the Commercial Foodservice Equipment and Residential Foodservice Equipment Groups recognize revenue at the point in time control transfers to their customers based on contractual shipping terms. Revenue from equipment sold under our long-term contracts within the Food Processing Equipment group is recognized over time as the equipment is manufactured and assembled. Installation services provided in connection with the delivery of the equipment are also generally recognized as those services are rendered. Over time transfer of control is measured using an appropriate input measure (e.g., costs incurred or direct labor hours incurred in relation to total estimate). These measures include forecasts based on the best information available and therefore reflect the company's judgment to faithfully depict the transfer of the goods. Contract Estimates Accounting for long-term contracts within the Food Processing Equipment group involves the use of various techniques to estimate total contract revenue and costs. For the company’s long-term contracts, estimated profit for the equipment performance obligations is recognized as the equipment is manufactured and assembled. Profit on the equipment performance obligations is estimated as the difference between the total estimated revenue and expected costs to complete a contract. Contract cost estimates are based on labor productivity and availability, the complexity of the work to be performed; the cost and availability of materials and labor, and the performance of subcontractors. Contracts within the Commercial Foodservice and Residential Foodservice Equipment groups may contain variable consideration in the form of volume rebate programs. The company’s estimate of variable consideration is based on its experience with similarly situated customers using the portfolio approach. Adoption of ASC 606 On December 31, 2017, we adopted the new accounting standard ASU No. 2014-09, Revenue from Contracts with Customers (ASC 606) using the modified retrospective method to contracts that were not completed as of December 30, 2017. We recognized the cumulative effect of initially applying the new revenue standard as an adjustment to the opening balance of retained earnings of $4.4 million . As a result of the adoption of ASC 606, the company has changed its accounting policy for revenue recognition as detailed below. Equipment Under the company’s historical accounting policies, revenue under long-term sales contracts within the Food Processing Equipment Group was recognized using the percentage of completion method. Upon adoption, a number of contracts that were not completed as of December 31, 2017 did not meet the requirements for recognition of revenue over time under ASC 606. As such the revenue was deferred and recognized at a point in time. Installation Services Under the company’s historical accounting policies, the company used the completed contract method for installation services associated with equipment sold within the Food Processing Equipment Group. Under ASC 606, the Company recognizes revenue from installation services over the period the services are rendered. Product Maintenance These services are generally recognized on a straight-line basis, because the customer simultaneously receives and consumes the benefit as we perform the services. Practical Expedients and Policy Elections The company has taken advantage of the following practical expedients: • The company does not disclose information about remaining performance obligations that have original expected durations of one year or less. • The company generally expenses sales commissions when incurred because the amortization period would have been less than one year. These costs are recorded within selling, general and administrative expenses. • As the company’s standard payment terms are less than one year, the company does not assess whether a contract has a significant financing component. The company has made the following accounting policy elections: • The company treats shipping and handling activities performed after the customer obtains control of the good as a contract fulfillment activity. • Sales, use and value added taxes assessed by governmental authorities are excluded from the measurement of the transaction price within the company’s contracts with its customers. Disaggregation of Revenue We disaggregate our net sales by reportable operating segment and geographical location as we believe it best depicts how the nature, timing and uncertainty of our net sales and cash flows are affected by economic factors. In general, the Commercial Foodservice Equipment and Residential Foodservice Equipment Groups recognize revenue at the point in time control transfers to their customers based on contractual shipping terms. Revenue from equipment sold under our long-term contracts within the Food Processing Equipment group is recognized over time as the equipment is manufactured and assembled. The following table summarizes our net sales by reportable operating segment and geographical location (in thousands): Commercial Foodservice Food Processing Residential Kitchen Total Twelve Months Ended December 28, 2019 United States and Canada $ 1,334,776 $ 246,572 $ 362,753 $ 1,944,101 Asia 221,422 31,250 5,760 258,432 Europe and Middle East 349,613 98,814 198,672 647,099 Latin America 78,534 24,315 6,965 109,814 Total $ 1,984,345 $ 400,951 $ 574,150 $ 2,959,446 Twelve Months Ended December 29, 2018 United States and Canada $ 1,176,006 $ 263,743 $ 366,679 $ 1,806,428 Asia 180,409 36,578 7,155 224,142 Europe and Middle East 315,935 64,666 221,126 601,727 Latin America 57,464 24,607 8,563 90,634 Total $ 1,729,814 $ 389,594 $ 603,523 $ 2,722,931 Twelve Months Ended December 30, 2017 United States and Canada $ 968,483 $ 256,739 $ 344,204 $ 1,569,426 Asia 144,702 25,175 8,099 177,976 Europe and Middle East 226,697 42,473 240,456 509,626 Latin America 42,226 28,330 7,958 78,514 Total $ 1,382,108 $ 352,717 $ 600,717 $ 2,335,542 Contract Balances Contract assets primarily relate to the company's right to consideration for work completed but not billed at the reporting date and are recorded in prepaid expenses and other in the Consolidated Balance Sheet. Contract assets are transferred to receivables when the right to consideration becomes unconditional. Accounts receivable are not considered contract assets under the new revenue standard as contract assets are conditioned upon the company's future satisfaction of a performance obligation. Accounts receivable, in contracts, are unconditional rights to consideration. Contract liabilities relate to advance consideration received from customers for which revenue has not been recognized. Current contract liabilities are recorded in accrued expenses in the Consolidated Balance Sheet. Non-current contract liabilities are recorded in other non-current liabilities in the Consolidated Balance Sheet. Contract liabilities are reduced when the associated revenue from the contract is recognized. The following table provides information about contract assets and contract liabilities from contracts with customers (in thousands): December 28, 2019 December 29, 2018 Contract assets $ 22,675 $ 14,048 Contract liabilities $ 74,511 $ 57,913 Non-current contract liabilities $ 12,870 $ 12,170 During the twelve months period ended December 28, 2019 , the company reclassified $9.1 million to accounts receivable which was included in the contract asset balance at the beginning of the period. During the twelve months period ended December 28, 2019 , the company recognized revenue of $51.8 million which was included in the contract liability balance at the beginning of the period. Additions to contract liabilities representing amounts billed to clients in excess of revenue recognized to date were $71.4 million during the twelve months period ended December 28, 2019 . Substantially all of the company's outstanding performance obligations will be satisfied within 12 to 36 months. There were no contract asset impairments during twelve months period ended December 28, 2019 .

Financing Arrangements

Financing Arrangements	12 Months Ended
	Dec. 28, 2019
Debt Disclosure [Abstract]
Financing Arrangements	FINANCING ARRANGEMENTS The following is a summary of long-term debt at December 28, 2019 and December 29, 2018 (in thousands): 2019 2018 Senior secured revolving credit line $ 1,869,402 $ 1,887,764 Foreign loans 3,622 4,166 Other debt arrangement 116 175 Total debt $ 1,873,140 $ 1,892,105 Less current maturities of long-term debt 2,894 3,207 Long-term debt $ 1,870,246 $ 1,888,898 On July 28, 2016, the company entered into an amended and restated five year $2.5 billion multi-currency senior secured revolving credit agreement (the "Credit Facility"). On December 18, 2018, the company entered into an amendment to the Credit Facility, increasing the revolving commitments under the Credit Facility by $500.0 million to a total of $3.0 billion . Subsequent to the end of fiscal year December 28, 2019 , the company entered into an amended and restated facility ("Amended Facility"). See Note 14 to the consolidated financial statements for further information. As of December 28, 2019 , the company had $1.9 billion of borrowings outstanding under the Credit Facility, including $1.8 billion of borrowings in U.S. Dollars and $47.9 million of borrowings denominated in Euro. The company also has $13.3 million in outstanding letters of credit as of December 28, 2019 , which reduces the borrowing availability under the Credit Facility. Remaining borrowing availability under this facility was $1.1 billion at December 28, 2019 . At December 28, 2019 , borrowings under the Credit Facility accrued interest at a rate of 1.625% above LIBOR per annum or 0.625% above the highest of the prime rate, the federal funds rate plus 0.50% and one month LIBOR plus 1.00% . The average interest rate per annum on the debt under the Credit Facility was equal to 3.37% at the end of the period. The interest rates on borrowings under the Credit Facility may be adjusted quarterly based on the company’s Funded Debt Less Unrestricted Cash to Pro Forma EBITDA (the "Leverage Ratio") on a rolling four-quarter basis. Additionally, a commitment fee based upon the Leverage Ratio is charged on the unused portion of the commitments under the Credit Facility. This variable commitment fee was equal to 0.25% per annum as of December 28, 2019 . In addition, the company has other international credit facilities to fund working capital needs outside the United States and the United Kingdom. At December 28, 2019 , these foreign credit facilities amounted to $3.6 million in U.S. Dollars with a weighted average per annum interest rate of approximately 5.18% . The company’s debt is reflected on the balance sheet at cost. The company believes its interest rate margins on its existing debt are consistent with current market conditions and, therefore, the carrying value of debt reflects the fair value. The interest rate margin is based on the company's Leverage Ratio. The company estimated the fair value of its loans by calculating the upfront cash payment a market participant would require to assume the company’s obligations. The upfront cash payment is the amount that a market participant would be able to lend to achieve sufficient cash inflows to cover the cash outflows under the company’s senior secured revolving credit facility assuming the facility was outstanding in its entirety until maturity. Since the company maintains its borrowings under a revolving credit facility and there is no predetermined borrowing or repayment schedule, for purposes of this calculation the company calculated the fair value of its obligations assuming the current amount of debt at the end of the period was outstanding until the maturity of the company’s Credit Facility in January 2025. Although borrowings could be materially greater or less than the current amount of borrowings outstanding at the end of the period, it is not practical to estimate the amounts that may be outstanding during future periods. The carrying value and estimated aggregate fair value, a level 2 measurement, based primarily on market prices, of debt is as follows (in thousands): December 28, 2019 December 29, 2018 Carrying Value Fair Value Carrying Value Fair Value Total debt $ 1,873,140 $ 1,873,140 $ 1,892,105 $ 1,892,105 The company uses floating-to-fixed interest rate swap agreements to hedge variable interest rate risk associated with the Credit Facility. At December 28, 2019 , the company had outstanding floating-to-fixed interest rate swaps totaling $51.0 million notional amount carrying an average interest rate of 1.27% maturing in less than 12 months and $897.0 million of notional amount carrying an average interest rate of 2.27% that mature in more than 12 months but less than 72 months. The terms of the Amended Facility limit the ability of the company and its subsidiaries to, with certain exceptions: incur indebtedness; grant liens; engage in certain mergers, consolidations, acquisitions and dispositions; make restricted payments; enter into certain transactions with affiliates; and requires, among other things, the company to satisfy certain financial covenants: (i) a minimum Interest Coverage Ratio (as defined in the Amended Facility) of 3.00 to 1.00 and (ii) a maximum Leverage Ratio of Funded Debt less Unrestricted Cash to Pro Forma EBITDA (each as defined in the Amended Facility) of 4.00 to 1.00 , which may be adjusted to 4.50 to 1.00 for a four consecutive fiscal quarter period in connection with certain qualified acquisitions, subject to the terms and conditions contained in the Amended Facility. The Amended Facility is secured by substantially all of the assets of Middleby Marshall, the company and the company's domestic subsidiaries and is unconditionally guaranteed by, subject to certain exceptions, the company and certain of the company's direct and indirect material foreign and domestic subsidiaries. The Amended Facility contains certain customary events of default, including, but not limited to, the failure to make required payments; bankruptcy and other insolvency events; the failure to perform certain covenants; the material breach of a representation or warranty; non-payment of certain other indebtedness; the entry of undischarged judgments against the company or any subsidiary for the payment of material uninsured amounts; the invalidity of the company guarantee or any subsidiary guaranty; and a change of control of the company. At December 28, 2019 , the company was in compliance with all covenants pursuant to its borrowing agreements. The aggregate amount of debt payable during each of the next five years, which includes the amendment and restatement to our multi-currency senior secured credit agreement disclosed in Note 14 to the consolidated financial statements, is as follows (in thousands): 2020 $ 2,894 2021 378 2022 302 2023 82 2024 and thereafter 1,869,484 $ 1,873,140

Common and Preferred Stock (Not

Common and Preferred Stock (Notes)	12 Months Ended
	Dec. 28, 2019
Stockholders' Equity Note [Abstract]
Common and Preferred Stock	COMMON AND PREFERRED STOCK (a) Shares Authorized At December 28, 2019 and December 29, 2018 , the company had 95,000,000 authorized shares of common stock and 2,000,000 authorized shares of non-voting preferred stock. (b) Treasury Stock In November 2017, the company's Board of Directors approved a stock repurchase program authorizing the company to repurchase in the aggregate up to 2,500,000 shares of its outstanding common stock. As of December 28, 2019 , 126,200 shares had been purchased under the 2017 stock repurchase program and 2,373,800 remain authorized for repurchase. (c) Share-Based Awards The company maintains several stock incentive plans under which the company's Board of Directors issues restricted share grants to key employees. Restricted share grants issued to employees are transferable upon certain vesting requirements being met. The 2011 Stock Incentive Plan (the "2011 Plan") was adopted on April 1, 2011, under which the company's Board of Directors issues stock grants to key employees. On July 11, 2017 the company increased the maximum amount of shares reserved for issuance under the 2011 Plan by 1,000,000 . A maximum amount of 2,650,000 shares can be issued under the 2011 Plan. Stock grants issued to employees are transferable upon certain vesting requirements. As of December 28, 2019 , a total of 1,652,175 share-based awards have been issued under the 2011 Plan. This includes 1,652,175 restricted share grants, of which 527,085 remain outstanding and unvested. For fiscal year ended December 28, 2019 , the approximate fair value of shares vested were $16.5 million . A summary of the company’s nonvested restricted share grant activity for fiscal years ended December 28, 2019 and December 29, 2018 is as follows: Shares Weighted Average Grant-Date Fair Value Nonvested shares at December 30, 2017 159,203 $ 104.44 Granted 132,038 100.50 Vested (6,203 ) 126.09 Forfeited (159,196 ) 100.84 Nonvested shares at December 29, 2018 125,842 $ 103.29 Granted 537,059 113.26 Vested (135,816 ) 105.81 Forfeited — — Nonvested shares at December 28, 2019 527,085 $ 112.60

Income Taxes

Income Taxes	12 Months Ended
	Dec. 28, 2019
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES Earnings before taxes is summarized as follows (in thousands): 2019 2018 2017 Domestic $ 336,688 $ 328,870 $ 290,866 Foreign 125,931 94,643 92,663 Total $ 462,619 $ 423,513 $ 383,529 The provision for income taxes is summarized as follows (in thousands): 2019 2018 2017 Federal $ 69,074 $ 66,359 $ 48,688 State and local 16,203 16,035 9,076 Foreign 25,102 23,967 27,637 Total $ 110,379 $ 106,361 $ 85,401 Current $ 88,167 $ 85,872 $ 99,893 Deferred 22,212 20,489 (14,492 ) Total $ 110,379 $ 106,361 $ 85,401 Reconciliation of the differences between income taxes computed at the federal statutory rate to the effective rate are as follows: 2019 2018 2017 U.S. federal statutory tax rate 21.0 % 21.0 % 35.0 % State taxes, net of federal benefit 3.2 3.0 1.5 U.S. domestic manufacturers deduction — — (2.1 ) Permanent differences 0.6 0.2 (0.7 ) Foreign income tax rate at rates other than U.S. statutory 0.2 1.3 (1.6 ) Tax Cuts and Jobs Act of 2017 deferred tax changes — 0.2 (10.0 ) Tax Cuts and Jobs Act of 2017 transition tax — (0.1 ) 2.0 Change in valuation allowances (1) 0.1 (0.5 ) (2.0 ) Tax on unremitted earnings 0.3 — 1.5 Other (1.5 ) — (1.3 ) Consolidated effective tax 23.9 % 25.1 % 22.3 % (1) Net of changes in related tax attributes. The company’s effective tax rate for 2019 was 23.9% as compared to 25.1% in 2018 . The effective tax rate for 2019 reflects favorable tax adjustments for a refund of foreign taxes, enacted tax rate changes in several foreign jurisdictions and adjustments for the finalization of 2018 tax returns. The effective tax rate is higher than the federal tax rate of 21.0% primarily due to state taxes, non-deductible expenses and foreign tax rate differentials. At December 28, 2019 and December 29, 2018 , the company had recorded the following deferred tax assets and liabilities (in thousands): 2019 2018 Deferred tax assets: Compensation related $ 4,744 $ 3,776 Pension and post-retirement benefits 48,716 41,502 Inventory reserves 15,166 14,441 Accrued liabilities and reserves 17,321 13,835 Warranty reserves 16,550 10,641 Operating lease liability 17,521 — Net operating loss carryforwards 17,873 36,629 Other 22,579 10,531 Gross deferred tax assets 160,470 131,355 Valuation allowance (7,754 ) (26,023 ) Deferred tax assets $ 152,716 $ 105,332 Deferred tax liabilities: Intangible assets $ (203,721 ) $ (167,197 ) Depreciable assets (18,020 ) (13,617 ) Operating lease right-of-use assets (17,542 ) — Other (10,001 ) (6,226 ) Deferred tax liabilities $ (249,284 ) $ (187,040 ) Net deferred tax assets (liabilities) $ (96,568 ) $ (81,708 ) Long-term deferred asset 36,932 32,188 Long-term deferred liability (133,500 ) (113,896 ) Net deferred tax assets (liabilities) $ (96,568 ) $ (81,708 ) The company has recorded tax reserves on undistributed foreign earnings not permanently reinvested of $5.6 million and $4.1 million at December 28, 2019 and December 29, 2018 , respectively. No further provisions were made for income taxes that may result from future remittances of undistributed earnings of foreign subsidiaries that are determined to be permanently reinvested, which were $369.0 million on December 28, 2019 . Determination of the total amount of unrecognized deferred income taxes on undistributed earnings net of foreign subsidiaries is not practicable. The company has a deferred tax asset on net operating loss carryforwards totaling $17.9 million as of December 28, 2019 . These net operating losses are available to reduce future taxable earnings of certain domestic and foreign subsidiaries. United States federal loss carryforwards total $19.5 million of which $13.4 million will expire through 2037 and $6.1 million have no expiration date. State loss carryforwards total $104.4 million and expire through 2039 and international loss carryforwards total $38.2 million and expire through 2038; however, some have no expiration date. Of these carryforwards, $5.2 million are subject to full valuation allowance. During 2019, the company wrote off $18.4 million of deferred tax assets on foreign loss carryforwards that had full valuation allowances. The deferred tax assets were written off as the entities were dissolved or otherwise disposed of during 2019. As of December 28, 2019 , the total amount of liability for unrecognized tax benefits related to federal, state and foreign taxes was approximately $31.6 million (of which $31.2 million would impact the effective tax rate if recognized) plus approximately $5.5 million of accrued interest and $7.2 million of penalties. The company recognizes interest and penalties accrued related to unrecognized tax benefits in income tax expense. Interest recognized in fiscal years 2019 , 2018 and 2017 was $0.4 million , $0.6 million and $0.7 million , respectively. Penalties recognized in fiscal years 2019 , 2018 and 2017 was $(0.9) million , $0.6 million and $1.3 million , respectively. Although the company believes its tax returns are correct, the final determination of tax examinations may be different than what was reported on the tax returns. In the opinion of management, adequate tax provisions have been made for the years subject to examination. The following table summarizes the activity related to the unrecognized tax benefits for the fiscal years ended December 30, 2017 , December 29, 2018 and December 28, 2019 (in thousands): Balance at December 30, 2017 $ 29,930 Increases to current year tax positions 3,912 Increase to prior year tax positions 2,860 Decrease to prior year tax positions (569 ) Lapse of statute of limitations (4,221 ) Balance at December 29, 2018 $ 31,912 Increases to current year tax positions 4,216 Increase to prior year tax positions 254 Lapse of statute of limitations (4,823 ) Balance at December 28, 2019 $ 31,559 It is reasonably possible that the amounts of unrecognized tax benefits associated with state, federal and foreign tax positions may decrease over the next twelve months due to expiration of a statute or completion of an audit. The company believes that it is reasonably possible that $5.3 million of its remaining unrecognized tax benefits may be recognized by the end of 2020 as a result of settlements with taxing authorities or lapses of statutes of limitations. In the normal course of business, income tax authorities in various income tax jurisdictions both in the United States and internationally conduct routine audits of our income tax returns filed in prior years. These audits are generally designed to determine if individual income tax authorities are in agreement with our interpretations of complex tax regulations regarding the allocation of income to the various income tax jurisdictions. Income tax years are open from 2016 through the current year for the United States federal jurisdiction. Income tax years open for our other major jurisdictions range from 2014 through the current year.

Financial Instruments

Financial Instruments	12 Months Ended
	Dec. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	FINANCIAL INSTRUMENTS ASC 815 “Derivatives and Hedging” requires an entity to recognize all derivatives as either assets or liabilities and measure those instruments at fair value. Derivatives that do not qualify as a hedge must be adjusted to fair value in earnings. If a derivative does qualify as a hedge under ASC 815, changes in the fair value will either be offset against the change in the fair value of the hedged assets, liabilities or firm commitments or recognized in other accumulated comprehensive income until the hedged item is recognized in earnings. On December 30, 2018, the company adopted the new accounting standard ASU 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities" using the modified retrospective method. Prior to the adoption of ASU 2017-12, the ineffective portion of a hedge's change in fair value was recognized in earnings. Upon adoption of ASU 2017-12, the company no longer recognizes hedge ineffectiveness in our Consolidated Statements of Comprehensive Income, but instead recognizes the entire change in the fair value of the hedge contract in other accumulated comprehensive income. (a) Foreign Exchange The company periodically enters into derivative instruments, principally forward contracts to reduce exposures pertaining to fluctuations in foreign exchange rates. The fair value of these forward contracts was an unrealized loss of $0.9 million at the end of the year. (b) Interest Rate The company has entered into interest rate swaps to fix the interest rate applicable to certain of its variable-rate debt. The agreements swap one-month LIBOR for fixed rates. The company has designated these swaps as cash flow hedges and all changes in fair value of the swaps are recognized in accumulated other comprehensive income. The fair value of these instruments was a liability of $23.3 million and an asset of $9.4 million as of December 28, 2019 and December 29, 2018 , respectively. The change in fair value of these swap agreements in 2019 was a loss of $24.1 million , net of taxes. A summary of the company’s interest rate swaps is as follows (in thousands): Twelve Months Ended Location Dec 28, 2019 Dec 29, 2018 Fair value Other assets $ 1,830 $ 13,487 Fair value Other non-current liabilities $ 25,120 $ 4,125 Amount of gain/(loss) recognized in other comprehensive income Other comprehensive income $ (31,396 ) $ (561 ) Gain/(loss) reclassified from accumulated other comprehensive income (effective portion) Interest expense $ 1,256 $ 415 Gain/(loss) recognized in income (ineffective portion) Other expense $ — $ 72 Interest rate swaps are subject to default risk to the extent the counterparty is unable to satisfy its settlement obligations under the interest rate swap agreements. The company reviews the credit profile of the financial institutions that are counterparties to such swap agreements and assesses their creditworthiness prior to entering into the interest rate swap agreements and throughout the term. The interest rate swap agreements typically contain provisions that allow the counterparty to require early settlement in the event that the company becomes insolvent or is unable to maintain compliance with its covenants under its existing debt agreement.

Segment Information

Segment Information	12 Months Ended
	Dec. 28, 2019
Segment Reporting [Abstract]
Segment Information	SEGMENT INFORMATION The company operates in three reportable operating segments defined by management reporting structure and operating activities. The Commercial Foodservice Equipment Group manufactures, sells, and distributes foodservice equipment for the restaurant and institutional kitchen industry. This business segment has manufacturing facilities in Arkansas, California, Illinois, Michigan, New Hampshire, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Vermont, Washington, Australia, China, Denmark, Estonia, Italy, the Philippines, Spain, Poland, Sweden and the United Kingdom. Principal product lines of this group include conveyor ovens, combi-ovens, convection ovens, baking ovens, proofing ovens, deck ovens, speed cooking ovens, hydrovection ovens, ranges, fryers, rethermalizers, steam cooking equipment, food warming equipment, catering equipment, heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, induction cooking equipment, countertop cooking equipment, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, coldrooms, ice machines, freezers, soft serve ice cream equipment, coffee and beverage dispensing equipment, home and professional craft brewing equipment and IoT solutions. These products are sold and marketed under the brand names: Anets, APW Wyott, Bakers Pride, Beech, BKI, Blodgett, Blodgett Combi, Blodgett Range, Bloomfield, Britannia, Carter-Hoffmann, Celfrost, Concordia, CookTek, Crown, CTX, Desmon, Doyon, Eswood, EVO, Firex, Follett, Frifri, Giga, Globe, Goldstein, Holman, Houno, IMC, Induc, Jade, JoeTap, Josper, L2F, Lang, Lincat, MagiKitch’n, Market Forge, Marsal, Middleby Marshall, MPC, Nieco, Nu-Vu, PerfectFry, Pitco, Powerhouse Dynamics, QualServ, Southbend, Ss Brewtech, Star, Starline, Sveba Dahlen, Synesso, Taylor, Toastmaster, TurboChef, Ultrafryer, Varimixer, Wells and Wunder-Bar. The Food Processing Equipment Group manufactures preparation, cooking, packaging food handling and food safety equipment for the food processing industry. This business segment has manufacturing operations in Georgia, Illinois, Iowa, North Carolina, Oklahoma, Texas, Virginia, Washington, Wisconsin, Denmark, France, Germany, India, Italy, and the United Kingdom. Principal product lines of this group include batch ovens, baking ovens, proofing ovens, conveyor belt ovens, continuous processing ovens, frying systems and automated thermal processing systems , grinders, slicers, reduction and emulsion systems, mixers, blenders, battering equipment, breading equipment, seeding equipment, water cutting systems, food presses, food suspension equipment, filling and depositing solutions , forming equipment, automated loading and unloading systems, food safety, food handling, freezing, defrosting and packaging equipment. These products are sold and marketed under the brand names: Alkar, Armor Inox, Auto-Bake, Baker Thermal Solutions, Burford, Cozzini, CVP Systems, Danfotech, Drake, Emico, Glimek, Hinds-Bock, Maurer-Atmos, MP Equipment, M-TEK, Pacproinc, RapidPak, Scanico, Spooner Vicars, Stewart Systems, Thurne and Ve.Ma.C. The Residential Kitchen Equipment Group manufactures, sells and distributes kitchen equipment for the residential market. This business segment has manufacturing facilities in California, Michigan, Mississippi, Wisconsin, France, Ireland and the United Kingdom. Principal product lines of this group are ranges, cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, wine coolers, ice machines, ventilation equipment and outdoor equipment . These products are sold and marketed under the brand names: AGA, AGA Cookshop, Brava, EVO, Fired Earth, Heartland, La Cornue, Leisure Sinks, Lynx, Marvel, Mercury, Rangemaster, Rayburn, Redfyre, Sedona, Stanley, TurboChef, U-Line and Viking. The accounting policies of the segments are the same as those described in the summary of significant accounting policies. The chief operating decision maker evaluates individual segment performance based on operating income. Management believes that intersegment sales are made at established arm's length transfer prices. The following table summarizes the results of operations for the company’s business segments( 1 ) (dollars in thousands): Commercial Foodservice Food Processing Residential Kitchen Corporate and Other (2) Total 2019 Net sales $ 1,984,345 $ 400,951 $ 574,150 $ — $ 2,959,446 Operating income (3,4) 429,946 68,935 89,312 (74,150 ) 514,043 Depreciation expense 21,054 4,944 11,742 112 37,852 Amortization expense (5) 45,906 8,162 9,896 1,612 65,576 Net capital expenditures 29,353 6,683 9,168 1,405 46,609 Total assets 3,188,304 621,619 1,157,211 35,009 5,002,143 Long-lived assets (6) 261,466 57,403 176,834 4,116 499,819 2018 Net sales $ 1,729,814 $ 389,594 $ 603,523 $ — $ 2,722,931 Operating income (3) 393,380 62,435 53,959 (63,808 ) 445,966 Depreciation expense 17,374 5,207 12,838 363 35,782 Amortization expense (5) 35,224 7,527 17,226 1,479 61,456 Net capital expenditures 17,444 7,373 11,721 (498 ) 36,040 Total assets 2,906,373 513,189 1,089,103 41,116 4,549,781 Long-lived assets (6) 181,636 33,127 146,897 22,328 383,988 2017 Net sales $ 1,382,108 $ 352,717 $ 600,717 $ — $ 2,335,542 Operating income (3,7,8) 357,085 88,121 (377 ) (66,216 ) 378,613 Depreciation expense 12,643 3,677 12,984 406 29,710 Amortization expense (5) 17,338 3,680 17,567 1,479 40,064 Net capital expenditures 41,457 5,519 7,637 (120 ) 54,493 Total assets 1,693,820 450,932 1,140,668 54,293 3,339,713 Long-lived assets (6) 148,565 25,346 167,486 21,191 362,588 (1) Non-operating expenses are not allocated to the reportable segments. Non-operating expenses consist of interest expense and deferred financing amortization, foreign exchange gains and losses and other income and expense items outside of income from operations. (2) Includes corporate and other general company assets and operations. (3) Restructuring expenses are included in operating income of the segment to which they pertain. See note 13 for further details. (4) Gain on litigation settlement is included in Residential Kitchen. (5) Includes amortization of deferred financing costs. (6) Long-lived assets consist of property, plant and equipment, long-term deferred tax assets and other assets. (7) Gain on sale of plant is included in Commercial Foodservice. (8) Impairment of intangible assets is included in Residential Kitchen. Geographic Information Long-lived assets, not including goodwill and other intangibles (in thousands): 2019 2018 2017 United States and Canada $ 305,207 $ 262,482 $ 221,479 Asia 22,312 12,136 14,033 Europe and Middle East 165,781 108,001 126,264 Latin America 6,519 1,369 812 Total International 194,612 121,506 141,109 $ 499,819 $ 383,988 $ 362,588

Employee Retirement Plans

Employee Retirement Plans	12 Months Ended
	Dec. 28, 2019
Retirement Benefits [Abstract]
Employee Retirement Plans	EMPLOYEE RETIREMENT PLANS (a) Pension Plans U.S. Plans: The company maintains a non-contributory defined benefit plan for its union employees at the Elgin, Illinois facility. Benefits are determined based upon retirement age and years of service with the company. This defined benefit plan was frozen on April 30, 2002, and no further benefits accrue to the participants beyond this date. Plan participants will receive or continue to receive payments for benefits earned on or prior to April 30, 2002 upon reaching retirement age. The company maintains a non-contributory defined benefit plan for its employees at the Smithville, Tennessee facility, which was acquired as part of the Star acquisition. Benefits are determined based upon retirement age and years of service with the company. This defined benefit plan was frozen on April 1, 2008, and no further benefits accrue to the participants beyond this date. Plan participants will receive or continue to receive payments for benefits earned on or prior to April 1, 2008 upon reaching retirement age. The company also maintains a retirement benefit agreement with its former Chairman ("Chairman Plan"). The retirement benefits are based upon a percentage of the Chairman’s final base salary with no increase in compensation. Non-U.S. Plans: The company maintains a defined benefit plan for its employees at the Wrexham, the United Kingdom facility. Benefits are determined based upon retirement age and years of service with the company. This defined benefit plan was frozen on April 30, 2010 and no further benefits accrue to the participants beyond this date. Plan participants will receive or continue to receive payments for benefits earned on or prior to April 30, 2010 upon reaching retirement age. The company maintains several pension plans related to AGA and its subsidiaries (collectively, the "AGA Group"), the most significant being the Aga Rangemaster Group Pension Scheme, which covers the majority of employees in the United Kingdom. Membership in the plan on a defined benefit basis of pension provision was closed to new entrants in 2001. The plan became open to new entrants on a defined contribution basis of pension provision in 2002, but was generally closed to new entrants on this basis during 2014. The other, much smaller, defined benefit pension plans operating within the AGA Group cover employees in France and the United Kingdom. All pension plan assets are held in separate trust funds although the net defined benefit pension obligations are included in the company's consolidated balance sheet. A summary of the plans’ net periodic pension cost, benefit obligations, funded status, and net balance sheet position is as follows (dollars in thousands) Fiscal 2019 Fiscal 2018 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Net Periodic Pension Cost (Benefit): Service cost $ — $ 2,457 $ 365 $ 3,754 Interest cost 1,253 33,490 1,082 32,173 Expected return on assets (868 ) (67,542 ) (967 ) (75,017 ) Amortization of net loss (gain) 664 721 (129 ) 4,056 Amortization of prior service cost — 2,560 — 437 Curtailment loss — 865 — 906 Pension settlement gain — — — (655 ) $ 1,049 $ (27,449 ) $ 351 $ (34,346 ) Change in Benefit Obligation: Benefit obligation – beginning of year $ 31,559 $ 1,377,575 $ 31,908 $ 1,615,244 Service cost — 2,457 365 3,754 Prior service cost — — — 53,586 Interest on benefit obligations 1,253 33,490 1,082 32,173 Member contributions — 313 — 290 Actuarial loss (gain) 4,173 102,377 (850 ) (163,746 ) Pension settlement gain — — — (873 ) Net benefit payments (1,590 ) (62,355 ) (946 ) (72,095 ) Curtailment loss — 865 — 906 Exchange effect — 46,894 — (91,664 ) Benefit obligation – end of year $ 35,395 $ 1,501,616 $ 31,559 $ 1,377,575 Change in Plan Assets: Plan assets at fair value – beginning of year $ 14,634 $ 1,141,381 $ 16,102 $ 1,296,539 Company contributions 1,191 5,934 877 4,889 Investment gain (loss) 2,509 107,368 (1,399 ) (12,600 ) Member contributions — 313 — 290 Pension settlement loss — — — (161 ) Benefit payments and plan expenses (1,590 ) (62,355 ) (946 ) (72,095 ) Exchange effect — 38,540 — (75,481 ) Plan assets at fair value – end of year $ 16,744 $ 1,231,181 $ 14,634 $ 1,141,381 Funded Status: Unfunded benefit obligation $ (18,651 ) $ (270,435 ) $ (16,925 ) $ (236,194 ) Amounts recognized in balance sheet at year end: Accrued pension benefits $ (18,651 ) $ (270,435 ) $ (16,925 ) $ (236,194 ) Fiscal 2019 Fiscal 2018 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Pre-tax components in accumulated other comprehensive income at period end: Net actuarial loss $ 6,853 $ 270,116 $ 4,985 $ 202,672 Pre-tax components recognized in other comprehensive income for the period: Current year actuarial (gain) loss $ 2,532 $ 69,228 $ 1,516 $ (88,992 ) Actuarial gain (loss) recognized (664 ) (798 ) 129 (4,741 ) Prior service cost — — — 53,586 Prior service cost recognized — (986 ) — (437 ) Pension settlement gain — — — (713 ) Pension settlement gain recognized — — — 654 Total amount recognized $ 1,868 $ 67,444 $ 1,645 $ (40,643 ) Accumulated Benefit Obligation $ 35,395 $ 1,501,616 $ 31,559 $ 1,377,532 Salary growth rate n/a 0.8 % n/a 0.8 % Assumed discount rate 3.0 % 2.0 % 4.1 % 2.7 % Expected return on assets 6.0 % 6.2 % 6.0 % 6.2 % On October 26, 2018, in Lloyds Banking Group Pensions Trustees Limited vs. Lloyds Bank plc and Others , the High Court of Justice in the United Kingdom issued a ruling ("Court Ruling") requiring Lloyds Bank plc to equalize benefits payable to men and women under its U.K. defined benefit pension plan. The Court Ruling noted that the formulas used to determine guaranteed minimum pension (GMP) benefits violated gender-pay equality laws due to differences in the way benefits were calculated for men and women. As a result of this ruling, the U.K. pension plan was required to amend its benefit formulas and account for the higher pension payments resulting from GMP equalization. In accordance with ASC 715, this Court Ruling represents a change to the company's U.K. pension plans resulting in a retroactive increase in benefit levels for plan participants and has been accounted for as a prior service cost deferred in other comprehensive income, to be amortized as a component of net periodic pension benefit in future periods. The U.K. pension plans projected benefit obligation increased $53.6 million as a result of the Court Ruling, subject to potential future adjustments as the calculations by participants are finalized. The company has engaged non-affiliated third party professional investment advisors to assist the company to develop its investment policy and establish asset allocations. The company's overall investment objective is to provide a return, that along with company contributions, is expected to meet future benefit payments. Investment policy is established in consideration of anticipated future timing of benefit payments under the plans. The anticipated duration of the investment and the potential for investment losses during that period are carefully weighed against the potential for appreciation when making investment decisions. The company routinely monitors the performance of investments made under the plans and reviews investment policy in consideration of changes made to the plans or expected changes in the timing of future benefit payments. The assets of the plans were invested in the following classes of securities (none of which were securities of the company): U.S. Plans: Target Allocation Percentage of Plan Assets 2019 2018 Equity 48 % 51 % 42 % Fixed income 40 37 49 Money market 4 2 1 Other (real estate investment trusts & commodities contracts) 8 10 8 100 % 100 % 100 % Non-U.S. Plans: Target Allocation Percentage of Plan Assets 2019 2018 Equity 17 % 22 % 23 % Fixed income 38 39 52 Alternatives/Other 32 22 9 Real Estate 13 13 14 Cash and cash equivalents — 4 2 100 % 100 % 100 % In accordance with ASC 820 Fair Value Measurements and Disclosures , the company has measured its defined benefit pension plans at fair value. In accordance with ASU 2015-04, "Practical Expedient for the Measurement Date of an Employer's Defined Benefit Obligation and Plan Assets", the company has elected to measure the pension plan assets and obligations as of the calendar month-end closest to the fiscal year end. The following tables summarize the basis used to measure the pension plans’ assets at fair value as of December 28, 2019 and December 29, 2018 (in thousands): U.S. Plans: Fiscal 2019 Fiscal 2018 Asset Category Total Quoted Prices in Active Markets for Identical Assets (Level 1) Net Asset Value Total Quoted Prices in Active Markets for Identical Assets (Level 1) Net Asset Value Short Term Investment Fund (a) $ 347 $ — $ 347 $ 175 $ — $ 175 Equity Securities: Large Cap 3,957 3,957 — 2,615 2,615 — Mid Cap 417 417 — 329 329 — Small Cap 418 418 — 326 326 — International 3,657 3,657 — 2,937 2,937 — Fixed Income: Government/Corporate 4,992 4,992 — 5,994 5,994 — High Yield 1,260 1,260 — 1,102 1,102 — Alternative: Global Real Estate Investment Trust 1,358 1,358 — 591 591 — Commodities Contracts 338 338 — 565 565 — Total $ 16,744 $ 16,397 $ 347 $ 14,634 $ 14,459 $ 175 (a) Represents collective short term investment fund, composed of high-grade money market instruments with short maturities. Non-U.S. Plans: Fiscal 2019 Asset Category Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Net Asset Value Cash and cash equivalents $ 44,748 $ 18,142 $ 2,874 $ — $ 23,732 Equity Securities: UK 101,922 88,830 — — 13,092 International: Developed 165,709 13,170 — — 152,539 Emerging 11,653 650 — — 11,003 Unquoted/Private Equity 123 — — — 123 Fixed Income: Government/Corporate: UK 189,513 14,245 2,867 — 172,401 International 86,208 — — — 86,208 Index Linked 189,463 2,085 — — 187,378 Other 6,367 — — — 6,367 Convertible Bonds 177 — — — 177 Real Estate: Direct 154,494 — 154,494 — — Indirect 8,155 137 7,603 — 415 Hedge Fund Strategy: Equity Long/Short 21,683 — — — 21,683 Arbitrage & Event 29,284 — — — 29,284 Directional Trading & Fixed Income 9,361 — — — 9,361 Cash & Other 163,058 — — — 163,058 Direct Sourcing 2,269 — — — 2,269 Leveraged Loans 21,635 — — — 21,635 Alternative/Other 25,359 1 — — 25,358 Total $ 1,231,181 $ 137,260 $ 167,838 $ — $ 926,083 Fiscal 2018 Asset Category Total Quoted Prices Significant Significant Net Asset Value Cash and cash equivalents $ 28,434 $ 4,325 $ 2,656 $ — $ 21,453 Equity Securities: UK 155,687 78,938 — — 76,749 International: Developed 99,872 14,497 — — 85,375 Emerging 7,488 591 — — 6,897 Unquoted/Private Equity 1,752 — — — 1,752 Fixed Income: Government/Corporate: UK 468,608 11,860 6,779 — 449,969 International 75,980 — — — 75,980 Index Linked 47,873 3,614 — — 44,259 Other 650 — — — 650 Convertible Bonds 188 — — — 188 Real Estate: Direct 148,551 — 148,551 — — Indirect 10,812 188 9,298 — 1,326 Hedge Fund Strategy: Equity Long/Short 73,783 — — — 73,783 Arbitrage & Event 73,261 — — — 73,261 Directional Trading & Fixed Income 44,091 — — — 44,091 Cash & Other 21,719 — — — 21,719 Direct Sourcing 2,289 — — — 2,289 Leveraged Loans 18,295 — — — 18,295 Alternative/Other (137,952 ) 5 — 86 (138,043 ) Total $ 1,141,381 $ 114,018 $ 167,284 $ 86 $ 859,993 The fair value of the Level 1 assets is based on observable, quoted market prices of the identical underlying security in an active market. The fair value of the Level 2 assets is primarily based on market observable inputs to quoted market prices, benchmark yields and broker/dealer quotes. Level 3 inputs, as applicable, represent unobservable inputs that reflect assumptions developed by management to measure assets at fair value. The expected return on assets is developed in consideration of the anticipated duration of investment period for assets held by the plan, the allocation of assets in the plan, and the historical returns for plan assets. Estimated future benefit payments under the plans are as follows (dollars in thousands): U.S. Plans Non-U.S. Plans 2020 $ 1,738 $ 63,856 2021 1,763 65,110 2022 1,776 66,177 2023 1,784 66,332 2024 through 2029 11,267 405,088 Expected contributions to the U.S. Plans and Non-U.S. Plans to be made in 2020 are $1.3 million and $5.8 million , respectively. (b) Defined Contribution Plans As of December 28, 2019 , the company maintained two separate defined contribution 401(k) savings plans covering all employees in the United States. These two plans separately cover the union employees at the Elgin, Illinois facility and all other remaining union and non-union employees in the United States. The company also maintained defined contribution plans for its UK based employees.

Quarterly Data (Unaudited)

Quarterly Data (Unaudited)	12 Months Ended
	Dec. 28, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Data (Unaudited)	QUARTERLY DATA (UNAUDITED) 1 st 2 nd 3 rd 4 th Total Year (dollars in thousands, except per share data) 2019 Net sales $ 686,802 $ 761,004 $ 724,014 $ 787,626 $ 2,959,446 Gross profit 257,312 286,479 270,028 289,678 1,103,497 Income from operations 101,061 139,607 121,345 152,030 514,043 Net earnings $ 69,013 $ 92,210 $ 82,020 $ 108,997 $ 352,240 Basic earnings per share (1) $ 1.24 $ 1.66 $ 1.47 $ 1.96 $ 6.33 Diluted earnings per share (1) $ 1.24 $ 1.66 $ 1.47 $ 1.96 $ 6.33 2018 Net sales $ 584,800 $ 668,128 $ 713,331 $ 756,672 $ 2,722,931 Gross profit 211,633 250,759 261,160 280,588 1,004,140 Income from operations 86,992 111,310 107,677 139,987 445,966 Net earnings $ 65,420 $ 83,988 $ 72,905 $ 94,839 $ 317,152 Basic earnings per share (1) $ 1.18 $ 1.51 $ 1.31 $ 1.71 $ 5.71 Diluted earnings per share (1) $ 1.18 $ 1.51 $ 1.31 $ 1.70 $ 5.70 (1) Sum of quarters may not equal the total for the year due to changes in the number of shares outstanding during the year.

Restructuring (Notes)

Restructuring (Notes)	12 Months Ended
	Dec. 28, 2019
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	Commercial Foodservice Equipment Group: During the fiscal years 2019 and 2018 , the company undertook cost reduction initiatives related to the entire Commercial Foodservice Equipment Group. These actions resulted in a charge of $6.4 million and $3.5 million in the twelve months ended December 28, 2019 and December 29, 2018 , respectively, primarily for severance related to headcount reductions and facility consolidations. These expenses are reflected in restructuring expenses in the Consolidated Statements of Earnings. The company estimates that these restructuring initiatives will result in future cost savings of approximately $10.0 million to $15.0 million annually, beginning in fiscal 2020. At December 28, 2019 , the restructuring obligations accrued for these initiatives are immaterial and will be substantially complete by first quarter of fiscal year 2020. Residential Kitchen Equipment Group: Since the 2015 acquisition of the AGA Group, the company undertook various acquisition integration initiatives including organizational restructuring, headcount reductions and consolidation and disposition of certain facilities and business operations, including the impairment of equipment and facilities. Most recently during 2018, the company undertook additional restructuring efforts related to Grange, a non-core business within the AGA Group, and elected to cease its operations. This process was largely completed in the fourth quarter of 2018. During fiscal 2019, the initiatives within the AGA Group were primarily related to headcount reductions. The company recorded expense of $2.3 million , $15.1 million and $11.9 million , respectively in the years ended December 28, 2019 , December 29, 2018 and December 30, 2017 , respectively. Additionally within the Residential Kitchen Equipment Group, the company incurred restructuring costs, primarily for severance related to headcount reductions and facility consolidations. The company recorded expense of $1.7 million and $1.2 million , respectively in the years ended December 28, 2019 and December 30, 2017 , respectively. These expenses are reflected in restructuring expenses in the Consolidated Statements of Earnings. The cumulative expenses incurred to date for these initiatives is approximately $59.7 million . The primary realization of the cost savings began in 2017 and 2018 related to compensation and facility costs of approximately $20.0 million annually. The company estimates the 2019 restructuring initiatives will result in future cost savings of approximately $3.0 million annually. The restructuring obligations accrued for these initiatives are immaterial and will be paid by the end of fiscal of 2020. The costs and corresponding reserve balances for the Residential Kitchen Equipment Group are summarized as follows (in thousands): Severance/Benefits Facilities/Operations Other Total Balance as of December 31, 2016 $ 5,145 $ 2,032 $ 69 $ 7,246 Expenses 8,662 3,872 601 13,135 Exchange Effect 533 358 11 902 Payments (10,642 ) (4,795 ) (524 ) (15,961 ) Balance as of December 30, 2017 $ 3,698 $ 1,467 $ 157 $ 5,322 Expenses 6,367 3,771 5,001 15,139 Exchange Effect (49 ) (11 ) 23 (37 ) Payments/Utilization (9,150 ) (5,171 ) (4,394 ) (18,715 ) Balance as of December 29, 2018 $ 866 $ 56 $ 787 $ 1,709 Expenses 3,766 684 (476 ) 3,974 Exchange Effect 24 (7 ) (55 ) (38 ) Payments/Utilization (3,990 ) (632 ) (256 ) (4,878 ) Balance as of December 28, 2019 $ 666 $ 101 $ — $ 767

Subsequent Event (Notes)

Subsequent Event (Notes)	12 Months Ended
	Dec. 28, 2019
Subsequent Event [Abstract]
Subsequent Events [Text Block]	SUBSEQUENT EVENT On January 31, 2020, the company entered into an amended and restated five-year, $3.5 billion multi-currency senior secured credit agreement. This facility replaces the company's pre-existing $3.0 billion Credit Facility, which had an original maturity of July 2021. The Amended Facility consists of (i) a $750.0 million term loan facility and (ii) a $2.75 billion multi-currency revolving credit facility, with the potential under certain circumstances, to increase the amount of the credit facility to up to a total of $4.0 billion (plus additional amounts, subject to compliance with a senior secured net leverage ratio). The Amended Facility matures on January 31, 2025. At inception, the Amended Facility bears an interest rate of LIBOR plus a margin of 1.625% , which is adjusted quarterly based upon the company's leverage ratio. The term loan facility will amortize in equal quarterly installments due on the last day of each fiscal quarter, commencing with the first full fiscal quarter after January 31, 2020, in an aggregate annual amount equal to 2.50% of the original aggregate principal amount of the term loan facility, with the balance, plus any accrued interest, due and payable on January 31, 2025. The Amended Facility provides for availability to provide working capital, capital expenditures, to support the issuance of letters of credit and other general corporate purposes.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts and Reserves	12 Months Ended
	Dec. 28, 2019
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts and Reserves	SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES FOR THE FISCAL YEARS ENDED DECEMBER 28, 2019 , DECEMBER 29, 2018 AND DECEMBER 30, 2017 (amounts in thousands) Balance Beginning Of Period Additions/ (Recoveries) Charged to Expense Other Adjustments (1) Write-Offs During the Period Balance At End Of Period Allowance for doubtful accounts; deducted from accounts receivable on the balance sheets- 2019 $ 13,608 $ 1,941 $ 2,009 $ (2,672 ) $ 14,886 2018 $ 13,182 $ 3,160 $ 1,121 $ (3,855 ) $ 13,608 2017 $ 12,600 $ 2,084 $ 478 $ (1,979 ) $ 13,182 (1) Amounts consist primarily of valuation allowances assumed from acquired companies. Balance Additions/ Write-Offs Balance Valuation allowance - Deferred tax assets 2019 $ 26,023 $ 129 $ (18,398 ) $ 7,754 2018 $ 23,190 $ 2,833 $ — $ 26,023 2017 $ 29,893 $ (6,703 ) $ — $ 23,190

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 28, 2019
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The consolidated financial statements include the accounts of the company and its wholly-owned subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The company's consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States. The preparation of these financial statements requires the company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses as well as related disclosures. Significant items that are subject to such estimates and judgments include allowances for doubtful accounts, reserves for excess and obsolete inventories, long-lived and intangible assets, warranty reserves, insurance reserves, income tax reserves and post-retirement obligations. On an ongoing basis, the company evaluates its estimates and assumptions based on historical experience and various other factors that are believed to be reasonable under the circumstances. Actual results may differ from these estimates under different assumptions or conditions.
Fiscal Period	The company's fiscal year ends on the Saturday nearest December 31. Fiscal years 2019 , 2018 , and 2017 ended on December 28, 2019 , December 29, 2018 and December 30, 2017 , respectively, with each year including 52 weeks. Certain prior year amounts have been reclassified to be consistent with current year presentation, including the non-operating components of pension benefit previously reported in accrued expenses and other liabilities within the changes in assets and liabilities, net of acquisitions to an individual adjustment to reconcile net earnings to cash provided by operating activities on the Consolidated Statements of Cash Flows.
Cash and Cash Equivalents	Cash and Cash Equivalents The company considers all short-term investments with original maturities of three months or less when acquired to be cash equivalents. The company’s policy is to invest its excess cash in interest-bearing deposits with major banks that are subject to minimal credit and market risk.
Accounts Receivable	Accounts Receivable Accounts receivable, as shown in the consolidated balance sheets, are net of allowances for doubtful accounts of $14.9 million and $13.6 million at December 28, 2019 and December 29, 2018 , respectively. At December 28, 2019 , all accounts receivable are expected to be collected within one year.
Inventories	Inventories
Property, Plant and Equipment	Property, plant and equipment are depreciated or amortized on a straight-line basis over their useful lives based on management's estimates of the period over which the assets will be utilized to benefit the operations of the company. The useful lives are estimated based on historical experience with similar assets, taking into account anticipated technological or other changes. The company periodically reviews these lives relative to physical factors, economic factors and industry trends. If there are changes in the planned use of property and equipment or if technological changes were to occur more rapidly than anticipated, the useful lives assigned to these assets may need to be shortened, resulting in the recognition of increased depreciation and amortization expense in future periods. Following is a summary of the estimated useful lives: Description Life Building and improvements 20 to 40 years Furniture and fixtures 3 to 7 years Machinery and equipment 3 to 10 years
Goodwill and Other Intangibles	Goodwill and Other Intangibles The company’s business acquisitions result in the recognition of goodwill and other intangible assets, which are a significant portion of the company’s total assets. The company recognizes goodwill and other intangible assets under the guidance of ASC Topic 350-10, Intangibles - Goodwill and Other . Goodwill represents the excess of acquisition costs over the fair value of the net tangible assets and identifiable intangible assets acquired in a business combination. Identifiable intangible assets are recognized separately from goodwill and include trademarks and trade names, technology, customer relationships and other specifically identifiable assets. Trademarks and trade names are deemed to be indefinite-lived. Goodwill and indefinite-lived intangible assets are not amortized, but are subject to impairment testing. The company performs the annual impairment assessment for goodwill and indefinite-lived intangible assets as of first day of the fourth quarter and more frequently if indicators of impairment exist. The goodwill impairment test is performed at the reporting unit level. The company initially performs a qualitative analysis to determine if it is more likely than not that the goodwill balance or indefinite-life intangible asset is impaired. In conducting a qualitative assessment, the Company analyzes a variety of events or factors that may influence the fair value of the reporting unit or indefinite-life intangible, including, but not limited to: macroeconomic conditions, industry and market considerations, cost factors, overall financial performance, share price and other relevant factors.
Litigation Matters	Litigation Matters From time to time, the company is subject to proceedings, lawsuits and other claims related to products, suppliers, employees, customers and competitors. The company maintains insurance to partially cover product liability, workers compensation, property and casualty, and general liability matters. The company is required to assess the likelihood of any adverse judgments or outcomes to these matters as well as potential ranges of probable losses. A determination of the amount of accrual required, if any, for these contingencies is made after assessment of each matter and the related insurance coverage. The required accrual may change in the future due to new developments or changes in approach such as a change in settlement strategy in dealing with these matters. The company does not believe that any such matter will have a material adverse effect on its financial condition, results of operations or cash flows of the company.
Fair Value Measures	Fair Value Measures ASC 820 Fair Value Measurements and Disclosures defines fair value as the price that would be received for an asset or paid to transfer a liability (an exit price) in the principal most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. ASC 820 establishes a fair value hierarchy, which prioritizes the inputs used in measuring fair value into the following levels: Level 1 – Quoted prices in active markets for identical assets or liabilities Level 2 – Inputs, other than quoted prices in active markets, that are observable either directly or indirectly Level 3 – Unobservable inputs based on our own assumptions
Foreign Currency	Foreign Currency Foreign currency transactions are accounted for in accordance with ASC 830 Foreign Currency Translation
Shipping and Handling Costs	Fees billed to the customer for shipping and handling are classified as a component of net revenues. Shipping and handling costs are included in cost of products sold.
Warranty Costs	Costs In the normal course of business, the company issues product warranties for specific product lines and provides for the estimated future warranty cost in the period in which the sale is recorded. The estimate of warranty cost is based on contract terms and historical warranty loss experience that is periodically adjusted for recent actual experience. Because warranty estimates are forecasts that are based on the best available information, claims costs may differ from amounts provided. Adjustments to initial obligations for warranties are made as changes in the obligations become reasonably estimable.
Research and Development Costs	and Development Costs
Non-Cash Share-Based Compensation	The company estimates the fair value of restricted share grants and stock options at the time of grant and recognizes compensation costs over the vesting period of the awards and options.
Earnings Per Share	Per Share “Basic earnings per share” is calculated based upon the weighted average number of common shares actually outstanding, and “diluted earnings per share” is calculated based upon the weighted average number of common shares outstanding and other dilutive securities.
New Accounting Pronouncements	unting Pronouncements Accounting Pronouncements - Recently Adopted In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) . The amendments under this pronouncement change the way all leases with a duration of one year or more are treated. Under this guidance, lessees are required to capitalize virtually all leases on the balance sheet as a right-of-use asset and an associated financing lease liability or operating lease liability. The company adopted this guidance on December 30, 2018 using the modified retrospective method. The company has elected the package of practical expedients to not reassess prior conclusions related to contracts containing leases, lease classification and initial direct costs. The adoption of this guidance increased total assets and liabilities due to the recognition of right-of-use assets and lease liabilities amounting to approximately $96.8 million . For additional information related to the impact of adopting this guidance, see Note 9 of the Consolidated Financial Statements. In August 2017, the FASB issued ASU 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities". The amendments in ASU-12 provide new guidance about income statement classification and eliminates the requirement to separately measure and report hedge ineffectiveness. The entire change in fair value for qualifying hedge instruments included in the effectiveness is recorded in other comprehensive income (OCI) and amounts deferred in OCI are reclassified to earnings in the same income statement line item in which the earnings effect of the hedged item is reported. The adoption of this guidance on December 30, 2018 did not have a material impact on the company's Consolidated Financial Statements. For additional information related to the impact of adopting this guidance, see Note of the Consolidated Financial Statements. In June 2018, the FASB issued ASU 2018-07, "Improvements to Nonemployee Share-Based Payment Accounting". The amendments in ASU-08 simplify several aspects of the accounting for nonemployee share-based payment transactions resulting from expanding the scope of Topic 718, Compensation—Stock Compensation, to include share-based payment transactions for acquiring goods and services from nonemployees. The adoption of this guidance on December 30, 2018 did not have an impact on the company's Consolidated Financial Statements. In August of 2018, the SEC published Final Rule Release No. 33-10532, "Disclosure Update and Simplification". This guidance streamlines disclosure requirements by removing certain redundant topics and is effective for quarterly and annual reports submitted after November 5, 2018. The adoption of this guidance on December 30, 2018 resulted in the presentation and expansion of the company's Consolidated Statements of Changes in Stockholders' Equity to display quarter-to-quarter details. Accounting Pronouncements - To be adopted In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments”, and has since modified the standard with several ASUs (collectively, the “new credit loss standard”). The new credit loss standard requires a financial asset (or a group of financial assets) measured at amortized cost basis to be presented at the net amount expected to be collected. The measurement of expected credit losses is based on relevant information about past events, including historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount. The ASU is effective for annual reporting periods, and interim reporting periods, beginning after December 15, 2019. As a result of the company's assessment process on its receivables and contract assets portfolio, which is the only financial instrument in scope of this standard, the company does not expect this ASU to have a material impact on its Consolidated Financial Statements. In January 2017, the FASB issued ASU 2017-04, "Intangibles - Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment". The amendments in ASU-04 simplify the subsequent measurement of goodwill, by removing the second step of the goodwill impairment test. An entity will apply a one-step quantitative test and record the amount of goodwill impairment as the excess of a reporting unit's carrying amount over its fair value. The new guidance does not amend the optional qualitative assessment of goodwill impairment. This ASU is effective for annual reporting periods, and interim reporting periods, beginning after December 15, 2019. Early adoption is permitted for testing dates after January 1, 2017. The company is evaluating the application of this ASU on the company's annual impairment test. The company does not expect the adoption of this ASU to have a material impact on its Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-13, "Fair Value Measurement (Topic 820): Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement". The amendments in ASU-13 remove, modify and add various disclosure requirements around the topic in order to clarify and improve the cost-benefit nature of disclosures. This ASU is effective for annual reporting periods, and interim periods with those reporting periods, beginning after December 15, 2019 with early adoption permitted. The company does not expect the adoption of this ASU to have a material impact on its Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-14, "Compensation - Retirement Benefits - Defined Benefit Plans - General (Subtopic 715-20)". The amendments in ASU-14 remove, modify and add various disclosure requirements around the topic in order to clarify and improve the cost-benefit nature of disclosures. This ASU is effective for annual reporting periods, and interim periods with those reporting periods, beginning after December 15, 2020 with early adoption permitted. The amendments must be applied on a retrospective basis for all periods presented. The company is currently evaluating the impacts the adoption of this ASU will have on its Consolidated Financial Statements. In August 2018, the FASB issued ASU 2018-15, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40)". The amendments in ASU-15 align the requirements for capitalizing implementation costs in a service contract hosting arrangement with those of developing or obtaining internal-use software. This ASU is effective for annual reporting periods, and interim periods with those reporting periods, beginning after December 15, 2019 with early adoption permitted. The company does not expect the adoption of this ASU to have a material impact on its Consolidated Financial Statements. In December 2019, the FASB issued ASU 2019-12, Simplifying the Accounting for Income Taxes (Topic 740) which removes certain exceptions related to the approach for intra-period tax allocation, the methodology for calculating income taxes in an interim period and the recognition of deferred tax liabilities for outside basis differences. This guidance also clarifies and simplifies other areas of ASC 740. This ASU is effective for annual reporting periods, and interim periods with those reporting periods, beginning after December 15, 2020 with early adoption permitted. Certain amendments in this update must be applied on a prospective basis, certain amendments must be applied on a retrospective basis, and certain amendments must be applied on a modified retrospective basis through a cumulative-effect adjustment to retained earnings in the period of adoption. The company is currently evaluating the i mpacts the adoption of this ASU will have on its Consolidated Financial Statements.

Revenue Recognition (Policies)

Revenue Recognition (Policies)	12 Months Ended
	Dec. 28, 2019
Revenue Recognition [Abstract]
Revenue Recognition	Revenue is recognized when the control of the promised goods or services are transferred to our customers, in an amount that reflects the consideration that we expect to receive in exchange for those goods or services. A performance obligation is a promise in a contract to transfer a distinct good or service to the customer and represents the unit of account. A contract's transaction price is allocated to each distinct performance obligation and recognized as revenue when, or as, the performance obligation is satisfied. The company’s contracts can have multiple performance obligations or just a single performance obligation. For contracts with multiple performance obligations, the contracts transaction price is allocated to each performance obligation using the company’s best estimate of the standalone selling price of each distinct good or service in the contract. Within the Commercial Foodservice Equipment and Residential Foodservice Equipment Groups, the estimated standalone selling price of equipment is based on observable prices. Within the Food Processing Equipment Group, the company estimates the standalone selling price based on expected cost to manufacture the good or complete the service plus an appropriate profit margin. Control may pass to the customer over time or at a point in time. In general, the Commercial Foodservice Equipment and Residential Foodservice Equipment Groups recognize revenue at the point in time control transfers to their customers based on contractual shipping terms. Revenue from equipment sold under our long-term contracts within the Food Processing Equipment group is recognized over time as the equipment is manufactured and assembled. Installation services provided in connection with the delivery of the equipment are also generally recognized as those services are rendered. Over time transfer of control is measured using an appropriate input measure (e.g., costs incurred or direct labor hours incurred in relation to total estimate). These measures include forecasts based on the best information available and therefore reflect the company's judgment to faithfully depict the transfer of the goods. Contract Estimates Accounting for long-term contracts within the Food Processing Equipment group involves the use of various techniques to estimate total contract revenue and costs. For the company’s long-term contracts, estimated profit for the equipment performance obligations is recognized as the equipment is manufactured and assembled. Profit on the equipment performance obligations is estimated as the difference between the total estimated revenue and expected costs to complete a contract. Contract cost estimates are based on labor productivity and availability, the complexity of the work to be performed; the cost and availability of materials and labor, and the performance of subcontractors. Contracts within the Commercial Foodservice and Residential Foodservice Equipment groups may contain variable consideration in the form of volume rebate programs. The company’s estimate of variable consideration is based on its experience with similarly situated customers using the portfolio approach. Adoption of ASC 606 On December 31, 2017, we adopted the new accounting standard ASU No. 2014-09, Revenue from Contracts with Customers (ASC 606) using the modified retrospective method to contracts that were not completed as of December 30, 2017. We recognized the cumulative effect of initially applying the new revenue standard as an adjustment to the opening balance of retained earnings of $4.4 million . As a result of the adoption of ASC 606, the company has changed its accounting policy for revenue recognition as detailed below. Equipment Under the company’s historical accounting policies, revenue under long-term sales contracts within the Food Processing Equipment Group was recognized using the percentage of completion method. Upon adoption, a number of contracts that were not completed as of December 31, 2017 did not meet the requirements for recognition of revenue over time under ASC 606. As such the revenue was deferred and recognized at a point in time. Installation Services Under the company’s historical accounting policies, the company used the completed contract method for installation services associated with equipment sold within the Food Processing Equipment Group. Under ASC 606, the Company recognizes revenue from installation services over the period the services are rendered. Product Maintenance These services are generally recognized on a straight-line basis, because the customer simultaneously receives and consumes the benefit as we perform the services. Practical Expedients and Policy Elections The company has taken advantage of the following practical expedients: • The company does not disclose information about remaining performance obligations that have original expected durations of one year or less. • The company generally expenses sales commissions when incurred because the amortization period would have been less than one year. These costs are recorded within selling, general and administrative expenses. • As the company’s standard payment terms are less than one year, the company does not assess whether a contract has a significant financing component. The company has made the following accounting policy elections: • The company treats shipping and handling activities performed after the customer obtains control of the good as a contract fulfillment activity. • Sales, use and value added taxes assessed by governmental authorities are excluded from the measurement of the transaction price within the company’s contracts with its customers.

Aqcuisitions and Purchase Accou

Aqcuisitions and Purchase Accounting (Tables)	12 Months Ended
	Dec. 28, 2019
Taylor
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition	The final allocation of consideration paid for the Taylor acquisition is summarized as follows (in thousands): (as initially reported) June 22, 2018 Measurement Period Adjustments (as adjusted) June 22, 2018 Cash $ 2,551 $ 64 $ 2,615 Current assets 71,162 (2,011 ) 69,151 Property, plant and equipment 21,187 (556 ) 20,631 Goodwill 491,339 (120,497 ) 370,842 Other intangibles 484,210 119,550 603,760 Other assets — 361 361 Long-term deferred tax asset — 227 227 Current liabilities (48,417 ) (4,099 ) (52,516 ) Other non-current liabilities (8,161 ) (648 ) (8,809 ) Net assets acquired and liabilities assumed $ 1,013,871 $ (7,609 ) $ 1,006,262
Standex
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition	The following estimated fair values of assets acquired and liabilities assumed are provisional and are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands): (as initially April 1, 2019 Preliminary Measurement (as adjusted) Cash $ 843 $ — $ 843 Current assets 33,666 (1,325 ) 32,341 Property, plant and equipment 15,959 (243 ) 15,716 Goodwill 31,207 5,327 36,534 Other intangibles 53,450 (5,850 ) 47,600 Other assets — 1,470 1,470 Current liabilities (15,130 ) (368 ) (15,498 ) Long-term deferred tax liability (13,082 ) 2,226 (10,856 ) Other non-current liabilities — (1,163 ) (1,163 ) Net assets acquired and liabilities assumed $ 106,913 $ 74 $ 106,987
2018 acquisitions
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition	The final allocation of consideration paid for the other 2018 acquisitions is summarized as follows (in thousands): Preliminary Opening Balance Sheet Measurement Adjusted Opening Balance Sheet Cash $ 16,293 $ (37 ) $ 16,256 Current assets 38,048 115 38,163 Property, plant and equipment 22,340 3,658 25,998 Goodwill 126,647 (14,312 ) 112,335 Other intangibles 46,902 15,900 62,802 Other assets 14 — 14 Current portion of long term debt (3,329 ) — (3,329 ) Current liabilities (23,606 ) (1,521 ) (25,127 ) Long term debt (2,677 ) — (2,677 ) Long-term deferred tax liability (8,937 ) (4,923 ) (13,860 ) Other non-current liabilities (3,699 ) — (3,699 ) Consideration paid at closing $ 207,996 $ (1,120 ) $ 206,876 Contingent consideration 3,454 — 3,454 Net assets acquired and liabilities assumed $ 211,450 $ (1,120 ) $ 210,330
2019 acquisitions
Business Acquisition [Line Items]
Schedule of Business Acquisitions, by Acquisition	The following estimated fair values of assets acquired and liabilities assumed are based on the information that was available as of the acquisition date to estimate the fair value of assets acquired and liabilities assumed (in thousands): Preliminary Opening Balance Sheet Measurement Adjusted Opening Balance Sheet Cash $ 2,683 $ (10 ) $ 2,673 Current assets 21,525 980 22,505 Property, plant and equipment 8,920 18 8,938 Goodwill 99,838 (3,096 ) 96,742 Other intangibles 64,019 199 64,218 Long-term deferred tax asset 1,288 1,478 2,766 Other assets 137 854 991 Current liabilities (20,437 ) (535 ) (20,972 ) Other non-current liabilities (6,170 ) (529 ) (6,699 ) Consideration paid at closing $ 171,803 $ (641 ) $ 171,162 Deferred payments 2,404 — 2,404 Contingent consideration 4,258 — 4,258 Net assets acquired and liabilities assumed $ 178,465 $ (641 ) $ 177,824

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 28, 2019
Accounting Policies [Abstract]
Schedule of Inventory, Current	Inventories at December 28, 2019 and December 29, 2018 are as follows (in thousands): 2019 2018 Raw materials and parts $ 277,394 $ 245,976 Work in process 58,663 51,164 Finished goods 249,642 224,670 $ 585,699 $ 521,810
Property, Plant and Equipment	Property, plant and equipment are carried at cost as follows (in thousands): 2019 2018 Land $ 43,467 $ 32,523 Building and improvements 229,025 196,743 Furniture and fixtures 67,992 64,586 Machinery and equipment 209,290 188,454 549,774 482,306 Less accumulated depreciation (197,629 ) (167,737 ) $ 352,145 $ 314,569
Schedule Of Useful Lives For Property Plant Equipment	Following is a summary of the estimated useful lives: Description Life Building and improvements 20 to 40 years Furniture and fixtures 3 to 7 years Machinery and equipment 3 to 10 years
Schedule of Goodwill	Goodwill is allocated to the business segments as follows (in thousands): Commercial Foodservice Food Processing Residential Kitchen Total Balance as of December 30, 2017 $ 631,451 $ 198,278 $ 435,081 $ 1,264,810 Goodwill acquired during the year 487,032 30,624 — 517,656 Measurement period adjustments to goodwill acquired in prior year (1,559 ) (5,679 ) — (7,238 ) Exchange effect (14,857 ) (4,169 ) (13,027 ) (32,053 ) Balance as of December 29, 2018 $ 1,102,067 $ 219,054 $ 422,054 $ 1,743,175 Goodwill acquired during the year 81,339 43,613 9,503 134,455 Measurement period adjustments to goodwill acquired in prior year (27,929 ) (3,722 ) — (31,651 ) Exchange effect (1,925 ) (1,266 ) 6,959 3,768 Balance as of December 28, 2019 $ 1,153,552 $ 257,679 $ 438,516 $ 1,849,747
Schedule Of Intangible Assets By Major Class	Intangible assets consist of the following (in thousands): December 28, 2019 December 29, 2018 Estimated Weighted Avg Remaining Life Gross Carrying Amount Accumulated Amortization Estimated Weighted Avg Remaining Life Gross Carrying Amount Accumulated Amortization Amortized intangible assets: Customer relationships 9.2 $ 717,397 $ (283,846 ) 9.5 $ 644,145 $ (222,661 ) Backlog 1.3 29,426 (28,283 ) 2.8 27,065 (24,755 ) Developed technology 5.2 32,999 (21,378 ) 5.9 39,624 (20,998 ) $ 779,822 $ (333,507 ) $ 710,834 $ (268,414 ) Indefinite-lived assets: Trademarks and tradenames $ 997,066 $ 918,604
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated future amortization expense of intangible assets is as follows (in thousands): 2020 $ 66,177 2021 62,246 2022 57,921 2023 51,916 2024 40,456 2025 and thereafter 167,599 $ 446,315
Schedule of Accrued Liabilities	Accrued expenses consist of the following at December 28, 2019 and December 29, 2018 , respectively (in thousands): 2019 2018 Accrued payroll and related expenses $ 81,541 $ 74,952 Contract liabilities 74,511 57,913 Accrued warranty 66,374 59,451 Accrued customer rebates 51,709 45,740 Accrued short-term leases 21,827 — Accrued sales and other tax 19,862 19,452 Accrued product liability and workers compensation 15,164 16,284 Accrued agent commission 13,816 11,969 Accrued professional fees 13,368 17,313 Other accrued expenses 58,378 64,372 $ 416,550 $ 367,446
Schedule of Accumulated Other Comprehensive Income (Loss)	The following table summarizes the components of accumulated other comprehensive income (loss) as reported in the consolidated balance sheets (in thousands): 2019 2018 Unrecognized pension benefit costs, net of tax of ($48,633) and ($36,719) $ (228,336 ) $ (170,938 ) Unrealized gain on interest rate swap, net of tax of ($5,973) and $2,543 (16,892 ) 7,233 Currency translation adjustments (105,705 ) (112,771 ) $ (350,933 ) $ (276,476 ) Changes in accumulated other comprehensive income (loss) (1) were as follows (in thousands): Currency Translation Adjustment Pension Benefit Costs Unrealized Gain/(Loss) Interest Rate Swap Total Balance as of December 30, 2017 $ (69,721 ) $ (203,063 ) $ 6,365 $ (266,419 ) Adoption of ASU 2018-02 (2) — (487 ) 1,619 1,132 Other comprehensive income before reclassification (43,050 ) 29,527 (1,166 ) (14,689 ) Amounts reclassified from accumulated other comprehensive income — 3,085 415 3,500 Net current-period other comprehensive income $ (43,050 ) $ 32,125 $ 868 $ (10,057 ) Balance as of December 29, 2018 $ (112,771 ) $ (170,938 ) $ 7,233 $ (276,476 ) Adoption of ASU 2017-12 (3) — — 11 11 Other comprehensive income before reclassification 7,066 (59,238 ) (25,392 ) (77,564 ) Amounts reclassified from accumulated other comprehensive income — 1,840 1,256 3,096 Net current-period other comprehensive income $ 7,066 $ (57,398 ) $ (24,125 ) $ (74,457 ) Balance as of December 28, 2019 $ (105,705 ) $ (228,336 ) $ (16,892 ) $ (350,933 )
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The company’s financial assets and liabilities that are measured at fair value are categorized using the fair value hierarchy at December 28, 2019 and December 29, 2018 are as follows (in thousands): Fair Value Level 1 Fair Value Level 2 Fair Value Level 3 Total As of December 28, 2019 Financial Assets: Interest rate swaps $ — $ 1,830 $ — $ 1,830 Financial Liabilities: Interest rate swaps $ — $ 25,120 $ — $ 25,120 Contingent consideration $ — $ — $ 6,697 $ 6,697 Foreign exchange derivative contracts $ — $ 901 $ — $ 901 As of December 29, 2018 Financial Assets: Interest rate swaps $ — $ 13,487 $ — $ 13,487 Financial Liabilities: Interest rate swaps $ — $ 4,125 $ — $ 4,125 Contingent consideration $ — $ — $ 3,566 $ 3,566 Foreign exchange derivative contracts $ — $ 854 $ — $ 854
Schedule of Product Warranty Liability	A rollforward of the warranty reserve for the fiscal years 2019 and 2018 are as follows (in thousands): 2019 2018 Beginning balance $ 59,451 $ 52,834 Warranty reserve related to acquisitions 7,353 5,884 Warranty expense 68,842 62,314 Warranty claims paid (69,272 ) (61,581 ) Ending balance $ 66,374 $ 59,451

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Dec. 28, 2019
Revenue Recognition [Abstract]
Disaggregation of Revenue	The following table summarizes our net sales by reportable operating segment and geographical location (in thousands): Commercial Foodservice Food Processing Residential Kitchen Total Twelve Months Ended December 28, 2019 United States and Canada $ 1,334,776 $ 246,572 $ 362,753 $ 1,944,101 Asia 221,422 31,250 5,760 258,432 Europe and Middle East 349,613 98,814 198,672 647,099 Latin America 78,534 24,315 6,965 109,814 Total $ 1,984,345 $ 400,951 $ 574,150 $ 2,959,446 Twelve Months Ended December 29, 2018 United States and Canada $ 1,176,006 $ 263,743 $ 366,679 $ 1,806,428 Asia 180,409 36,578 7,155 224,142 Europe and Middle East 315,935 64,666 221,126 601,727 Latin America 57,464 24,607 8,563 90,634 Total $ 1,729,814 $ 389,594 $ 603,523 $ 2,722,931 Twelve Months Ended December 30, 2017 United States and Canada $ 968,483 $ 256,739 $ 344,204 $ 1,569,426 Asia 144,702 25,175 8,099 177,976 Europe and Middle East 226,697 42,473 240,456 509,626 Latin America 42,226 28,330 7,958 78,514 Total $ 1,382,108 $ 352,717 $ 600,717 $ 2,335,542
Contract with Customer, Asset and Liability	The following table provides information about contract assets and contract liabilities from contracts with customers (in thousands): December 28, 2019 December 29, 2018 Contract assets $ 22,675 $ 14,048 Contract liabilities $ 74,511 $ 57,913 Non-current contract liabilities $ 12,870 $ 12,170

Financing Arrangements (Tables)

Financing Arrangements (Tables)	12 Months Ended
	Dec. 28, 2019
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	The following is a summary of long-term debt at December 28, 2019 and December 29, 2018 (in thousands): 2019 2018 Senior secured revolving credit line $ 1,869,402 $ 1,887,764 Foreign loans 3,622 4,166 Other debt arrangement 116 175 Total debt $ 1,873,140 $ 1,892,105 Less current maturities of long-term debt 2,894 3,207 Long-term debt $ 1,870,246 $ 1,888,898
Carrying Value And Fair Value Of Long Term Debt, Disclosure	The carrying value and estimated aggregate fair value, a level 2 measurement, based primarily on market prices, of debt is as follows (in thousands): December 28, 2019 December 29, 2018 Carrying Value Fair Value Carrying Value Fair Value Total debt $ 1,873,140 $ 1,873,140 $ 1,892,105 $ 1,892,105
Schedule of Maturities of Long-term Debt	The aggregate amount of debt payable during each of the next five years, which includes the amendment and restatement to our multi-currency senior secured credit agreement disclosed in Note 14 to the consolidated financial statements, is as follows (in thousands): 2020 $ 2,894 2021 378 2022 302 2023 82 2024 and thereafter 1,869,484 $ 1,873,140

Common and Preferred Stock (Tab

Common and Preferred Stock (Tables)	12 Months Ended
	Dec. 28, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	A summary of the company’s nonvested restricted share grant activity for fiscal years ended December 28, 2019 and December 29, 2018 is as follows: Shares Weighted Average Grant-Date Fair Value Nonvested shares at December 30, 2017 159,203 $ 104.44 Granted 132,038 100.50 Vested (6,203 ) 126.09 Forfeited (159,196 ) 100.84 Nonvested shares at December 29, 2018 125,842 $ 103.29 Granted 537,059 113.26 Vested (135,816 ) 105.81 Forfeited — — Nonvested shares at December 28, 2019 527,085 $ 112.60

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 28, 2019
Income Tax Disclosure [Abstract]
Schedule of Earnings Before Taxes	Earnings before taxes is summarized as follows (in thousands): 2019 2018 2017 Domestic $ 336,688 $ 328,870 $ 290,866 Foreign 125,931 94,643 92,663 Total $ 462,619 $ 423,513 $ 383,529
Schedule of Provision of Taxes	The provision for income taxes is summarized as follows (in thousands): 2019 2018 2017 Federal $ 69,074 $ 66,359 $ 48,688 State and local 16,203 16,035 9,076 Foreign 25,102 23,967 27,637 Total $ 110,379 $ 106,361 $ 85,401 Current $ 88,167 $ 85,872 $ 99,893 Deferred 22,212 20,489 (14,492 ) Total $ 110,379 $ 106,361 $ 85,401
Schedule of Effective Income Tax Reconciliation	Reconciliation of the differences between income taxes computed at the federal statutory rate to the effective rate are as follows: 2019 2018 2017 U.S. federal statutory tax rate 21.0 % 21.0 % 35.0 % State taxes, net of federal benefit 3.2 3.0 1.5 U.S. domestic manufacturers deduction — — (2.1 ) Permanent differences 0.6 0.2 (0.7 ) Foreign income tax rate at rates other than U.S. statutory 0.2 1.3 (1.6 ) Tax Cuts and Jobs Act of 2017 deferred tax changes — 0.2 (10.0 ) Tax Cuts and Jobs Act of 2017 transition tax — (0.1 ) 2.0 Change in valuation allowances (1) 0.1 (0.5 ) (2.0 ) Tax on unremitted earnings 0.3 — 1.5 Other (1.5 ) — (1.3 ) Consolidated effective tax 23.9 % 25.1 % 22.3 %
Schedule of Deferred Assets and Liabilities	At December 28, 2019 and December 29, 2018 , the company had recorded the following deferred tax assets and liabilities (in thousands): 2019 2018 Deferred tax assets: Compensation related $ 4,744 $ 3,776 Pension and post-retirement benefits 48,716 41,502 Inventory reserves 15,166 14,441 Accrued liabilities and reserves 17,321 13,835 Warranty reserves 16,550 10,641 Operating lease liability 17,521 — Net operating loss carryforwards 17,873 36,629 Other 22,579 10,531 Gross deferred tax assets 160,470 131,355 Valuation allowance (7,754 ) (26,023 ) Deferred tax assets $ 152,716 $ 105,332 Deferred tax liabilities: Intangible assets $ (203,721 ) $ (167,197 ) Depreciable assets (18,020 ) (13,617 ) Operating lease right-of-use assets (17,542 ) — Other (10,001 ) (6,226 ) Deferred tax liabilities $ (249,284 ) $ (187,040 ) Net deferred tax assets (liabilities) $ (96,568 ) $ (81,708 ) Long-term deferred asset 36,932 32,188 Long-term deferred liability (133,500 ) (113,896 ) Net deferred tax assets (liabilities) $ (96,568 ) $ (81,708 )
Schedule of Unrecognized Tax Benefits	The following table summarizes the activity related to the unrecognized tax benefits for the fiscal years ended December 30, 2017 , December 29, 2018 and December 28, 2019 (in thousands): Balance at December 30, 2017 $ 29,930 Increases to current year tax positions 3,912 Increase to prior year tax positions 2,860 Decrease to prior year tax positions (569 ) Lapse of statute of limitations (4,221 ) Balance at December 29, 2018 $ 31,912 Increases to current year tax positions 4,216 Increase to prior year tax positions 254 Lapse of statute of limitations (4,823 ) Balance at December 28, 2019 $ 31,559

Financial Instruments (Tables)

Financial Instruments (Tables)	12 Months Ended
	Dec. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	A summary of the company’s interest rate swaps is as follows (in thousands): Twelve Months Ended Location Dec 28, 2019 Dec 29, 2018 Fair value Other assets $ 1,830 $ 13,487 Fair value Other non-current liabilities $ 25,120 $ 4,125 Amount of gain/(loss) recognized in other comprehensive income Other comprehensive income $ (31,396 ) $ (561 ) Gain/(loss) reclassified from accumulated other comprehensive income (effective portion) Interest expense $ 1,256 $ 415 Gain/(loss) recognized in income (ineffective portion) Other expense $ — $ 72

Lease Commitments (Tables)

Lease Commitments (Tables)	12 Months Ended
	Dec. 28, 2019
Leases [Abstract]
Operating Leases	Leases (in thousands) December 28, 2019 Operating lease right-of-use assets $ 96,655 Operating Lease Liability: Current 21,827 Non-current 75,018 Total Liability $ 96,845
Total Lease Commitments	Total Lease Commitments (in thousands) Operating Leases 2020 $ 24,563 2021 21,424 2022 17,875 2023 12,742 2024 10,134 2025 and thereafter 25,514 Total future lease commitments 112,252 Less imputed interest 15,407 Total $ 96,845
Other Lease Information	Other Lease Information (in thousands, except lease term and discount rate) Twelve Months Ended December 28, 2019 Supplemental cash flow information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows for operating leases $ 24,794 Right-of-use assets obtained in exchange for lease obligations: Operating leases 25,306 December 28, 2019 Weighted-average remaining lease terms leases - Operating 6.3 years Weighted-average discount rate - Operating 3.4 %

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 28, 2019
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table summarizes the results of operations for the company’s business segments( 1 ) (dollars in thousands): Commercial Foodservice Food Processing Residential Kitchen Corporate and Other (2) Total 2019 Net sales $ 1,984,345 $ 400,951 $ 574,150 $ — $ 2,959,446 Operating income (3,4) 429,946 68,935 89,312 (74,150 ) 514,043 Depreciation expense 21,054 4,944 11,742 112 37,852 Amortization expense (5) 45,906 8,162 9,896 1,612 65,576 Net capital expenditures 29,353 6,683 9,168 1,405 46,609 Total assets 3,188,304 621,619 1,157,211 35,009 5,002,143 Long-lived assets (6) 261,466 57,403 176,834 4,116 499,819 2018 Net sales $ 1,729,814 $ 389,594 $ 603,523 $ — $ 2,722,931 Operating income (3) 393,380 62,435 53,959 (63,808 ) 445,966 Depreciation expense 17,374 5,207 12,838 363 35,782 Amortization expense (5) 35,224 7,527 17,226 1,479 61,456 Net capital expenditures 17,444 7,373 11,721 (498 ) 36,040 Total assets 2,906,373 513,189 1,089,103 41,116 4,549,781 Long-lived assets (6) 181,636 33,127 146,897 22,328 383,988 2017 Net sales $ 1,382,108 $ 352,717 $ 600,717 $ — $ 2,335,542 Operating income (3,7,8) 357,085 88,121 (377 ) (66,216 ) 378,613 Depreciation expense 12,643 3,677 12,984 406 29,710 Amortization expense (5) 17,338 3,680 17,567 1,479 40,064 Net capital expenditures 41,457 5,519 7,637 (120 ) 54,493 Total assets 1,693,820 450,932 1,140,668 54,293 3,339,713 Long-lived assets (6) 148,565 25,346 167,486 21,191 362,588 (1) Non-operating expenses are not allocated to the reportable segments. Non-operating expenses consist of interest expense and deferred financing amortization, foreign exchange gains and losses and other income and expense items outside of income from operations. (2) Includes corporate and other general company assets and operations. (3) Restructuring expenses are included in operating income of the segment to which they pertain. See note 13 for further details. (4) Gain on litigation settlement is included in Residential Kitchen. (5) Includes amortization of deferred financing costs. (6) Long-lived assets consist of property, plant and equipment, long-term deferred tax assets and other assets. (7) Gain on sale of plant is included in Commercial Foodservice. (8) Impairment of intangible assets is included in Residential Kitchen.
Schedule of Entity-Wide Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country	Long-lived assets, not including goodwill and other intangibles (in thousands): 2019 2018 2017 United States and Canada $ 305,207 $ 262,482 $ 221,479 Asia 22,312 12,136 14,033 Europe and Middle East 165,781 108,001 126,264 Latin America 6,519 1,369 812 Total International 194,612 121,506 141,109 $ 499,819 $ 383,988 $ 362,588

Employee Retirement Plans (Tabl

Employee Retirement Plans (Tables)	12 Months Ended
	Dec. 28, 2019
Retirement Benefits [Abstract]
Schedule of Defined Benefit Plans Disclosures	A summary of the plans’ net periodic pension cost, benefit obligations, funded status, and net balance sheet position is as follows (dollars in thousands) Fiscal 2019 Fiscal 2018 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Net Periodic Pension Cost (Benefit): Service cost $ — $ 2,457 $ 365 $ 3,754 Interest cost 1,253 33,490 1,082 32,173 Expected return on assets (868 ) (67,542 ) (967 ) (75,017 ) Amortization of net loss (gain) 664 721 (129 ) 4,056 Amortization of prior service cost — 2,560 — 437 Curtailment loss — 865 — 906 Pension settlement gain — — — (655 ) $ 1,049 $ (27,449 ) $ 351 $ (34,346 ) Change in Benefit Obligation: Benefit obligation – beginning of year $ 31,559 $ 1,377,575 $ 31,908 $ 1,615,244 Service cost — 2,457 365 3,754 Prior service cost — — — 53,586 Interest on benefit obligations 1,253 33,490 1,082 32,173 Member contributions — 313 — 290 Actuarial loss (gain) 4,173 102,377 (850 ) (163,746 ) Pension settlement gain — — — (873 ) Net benefit payments (1,590 ) (62,355 ) (946 ) (72,095 ) Curtailment loss — 865 — 906 Exchange effect — 46,894 — (91,664 ) Benefit obligation – end of year $ 35,395 $ 1,501,616 $ 31,559 $ 1,377,575 Change in Plan Assets: Plan assets at fair value – beginning of year $ 14,634 $ 1,141,381 $ 16,102 $ 1,296,539 Company contributions 1,191 5,934 877 4,889 Investment gain (loss) 2,509 107,368 (1,399 ) (12,600 ) Member contributions — 313 — 290 Pension settlement loss — — — (161 ) Benefit payments and plan expenses (1,590 ) (62,355 ) (946 ) (72,095 ) Exchange effect — 38,540 — (75,481 ) Plan assets at fair value – end of year $ 16,744 $ 1,231,181 $ 14,634 $ 1,141,381 Funded Status: Unfunded benefit obligation $ (18,651 ) $ (270,435 ) $ (16,925 ) $ (236,194 ) Amounts recognized in balance sheet at year end: Accrued pension benefits $ (18,651 ) $ (270,435 ) $ (16,925 ) $ (236,194 ) Fiscal 2019 Fiscal 2018 U.S. Plans Non-U.S. Plans U.S. Plans Non-U.S. Plans Pre-tax components in accumulated other comprehensive income at period end: Net actuarial loss $ 6,853 $ 270,116 $ 4,985 $ 202,672 Pre-tax components recognized in other comprehensive income for the period: Current year actuarial (gain) loss $ 2,532 $ 69,228 $ 1,516 $ (88,992 ) Actuarial gain (loss) recognized (664 ) (798 ) 129 (4,741 ) Prior service cost — — — 53,586 Prior service cost recognized — (986 ) — (437 ) Pension settlement gain — — — (713 ) Pension settlement gain recognized — — — 654 Total amount recognized $ 1,868 $ 67,444 $ 1,645 $ (40,643 ) Accumulated Benefit Obligation $ 35,395 $ 1,501,616 $ 31,559 $ 1,377,532 Salary growth rate n/a 0.8 % n/a 0.8 % Assumed discount rate 3.0 % 2.0 % 4.1 % 2.7 % Expected return on assets 6.0 % 6.2 % 6.0 % 6.2 %
Schedule of Allocation of Plan Assets	The assets of the plans were invested in the following classes of securities (none of which were securities of the company): U.S. Plans: Target Allocation Percentage of Plan Assets 2019 2018 Equity 48 % 51 % 42 % Fixed income 40 37 49 Money market 4 2 1 Other (real estate investment trusts & commodities contracts) 8 10 8 100 % 100 % 100 % Non-U.S. Plans: Target Allocation Percentage of Plan Assets 2019 2018 Equity 17 % 22 % 23 % Fixed income 38 39 52 Alternatives/Other 32 22 9 Real Estate 13 13 14 Cash and cash equivalents — 4 2 100 % 100 % 100 %
Pension Plans Fair Value Of Investments	The following tables summarize the basis used to measure the pension plans’ assets at fair value as of December 28, 2019 and December 29, 2018 (in thousands): U.S. Plans: Fiscal 2019 Fiscal 2018 Asset Category Total Quoted Prices in Active Markets for Identical Assets (Level 1) Net Asset Value Total Quoted Prices in Active Markets for Identical Assets (Level 1) Net Asset Value Short Term Investment Fund (a) $ 347 $ — $ 347 $ 175 $ — $ 175 Equity Securities: Large Cap 3,957 3,957 — 2,615 2,615 — Mid Cap 417 417 — 329 329 — Small Cap 418 418 — 326 326 — International 3,657 3,657 — 2,937 2,937 — Fixed Income: Government/Corporate 4,992 4,992 — 5,994 5,994 — High Yield 1,260 1,260 — 1,102 1,102 — Alternative: Global Real Estate Investment Trust 1,358 1,358 — 591 591 — Commodities Contracts 338 338 — 565 565 — Total $ 16,744 $ 16,397 $ 347 $ 14,634 $ 14,459 $ 175 (a) Represents collective short term investment fund, composed of high-grade money market instruments with short maturities. Non-U.S. Plans: Fiscal 2019 Asset Category Total Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Net Asset Value Cash and cash equivalents $ 44,748 $ 18,142 $ 2,874 $ — $ 23,732 Equity Securities: UK 101,922 88,830 — — 13,092 International: Developed 165,709 13,170 — — 152,539 Emerging 11,653 650 — — 11,003 Unquoted/Private Equity 123 — — — 123 Fixed Income: Government/Corporate: UK 189,513 14,245 2,867 — 172,401 International 86,208 — — — 86,208 Index Linked 189,463 2,085 — — 187,378 Other 6,367 — — — 6,367 Convertible Bonds 177 — — — 177 Real Estate: Direct 154,494 — 154,494 — — Indirect 8,155 137 7,603 — 415 Hedge Fund Strategy: Equity Long/Short 21,683 — — — 21,683 Arbitrage & Event 29,284 — — — 29,284 Directional Trading & Fixed Income 9,361 — — — 9,361 Cash & Other 163,058 — — — 163,058 Direct Sourcing 2,269 — — — 2,269 Leveraged Loans 21,635 — — — 21,635 Alternative/Other 25,359 1 — — 25,358 Total $ 1,231,181 $ 137,260 $ 167,838 $ — $ 926,083 Fiscal 2018 Asset Category Total Quoted Prices Significant Significant Net Asset Value Cash and cash equivalents $ 28,434 $ 4,325 $ 2,656 $ — $ 21,453 Equity Securities: UK 155,687 78,938 — — 76,749 International: Developed 99,872 14,497 — — 85,375 Emerging 7,488 591 — — 6,897 Unquoted/Private Equity 1,752 — — — 1,752 Fixed Income: Government/Corporate: UK 468,608 11,860 6,779 — 449,969 International 75,980 — — — 75,980 Index Linked 47,873 3,614 — — 44,259 Other 650 — — — 650 Convertible Bonds 188 — — — 188 Real Estate: Direct 148,551 — 148,551 — — Indirect 10,812 188 9,298 — 1,326 Hedge Fund Strategy: Equity Long/Short 73,783 — — — 73,783 Arbitrage & Event 73,261 — — — 73,261 Directional Trading & Fixed Income 44,091 — — — 44,091 Cash & Other 21,719 — — — 21,719 Direct Sourcing 2,289 — — — 2,289 Leveraged Loans 18,295 — — — 18,295 Alternative/Other (137,952 ) 5 — 86 (138,043 ) Total $ 1,141,381 $ 114,018 $ 167,284 $ 86 $ 859,993
Schedule of Expected Benefit Payments	Estimated future benefit payments under the plans are as follows (dollars in thousands): U.S. Plans Non-U.S. Plans 2020 $ 1,738 $ 63,856 2021 1,763 65,110 2022 1,776 66,177 2023 1,784 66,332 2024 through 2029 11,267 405,088

Quarterly Data (Unaudited) (Tab

Quarterly Data (Unaudited) (Tables)	12 Months Ended
	Dec. 28, 2019
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	1 st 2 nd 3 rd 4 th Total Year (dollars in thousands, except per share data) 2019 Net sales $ 686,802 $ 761,004 $ 724,014 $ 787,626 $ 2,959,446 Gross profit 257,312 286,479 270,028 289,678 1,103,497 Income from operations 101,061 139,607 121,345 152,030 514,043 Net earnings $ 69,013 $ 92,210 $ 82,020 $ 108,997 $ 352,240 Basic earnings per share (1) $ 1.24 $ 1.66 $ 1.47 $ 1.96 $ 6.33 Diluted earnings per share (1) $ 1.24 $ 1.66 $ 1.47 $ 1.96 $ 6.33 2018 Net sales $ 584,800 $ 668,128 $ 713,331 $ 756,672 $ 2,722,931 Gross profit 211,633 250,759 261,160 280,588 1,004,140 Income from operations 86,992 111,310 107,677 139,987 445,966 Net earnings $ 65,420 $ 83,988 $ 72,905 $ 94,839 $ 317,152 Basic earnings per share (1) $ 1.18 $ 1.51 $ 1.31 $ 1.71 $ 5.71 Diluted earnings per share (1) $ 1.18 $ 1.51 $ 1.31 $ 1.70 $ 5.70 (1) Sum of quarters may not equal the total for the year due to changes in the number of shares outstanding during the year.

Restructuring (Tables)

Restructuring (Tables)	12 Months Ended
	Dec. 28, 2019
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Related Costs [Table Text Block]	The costs and corresponding reserve balances for the Residential Kitchen Equipment Group are summarized as follows (in thousands): Severance/Benefits Facilities/Operations Other Total Balance as of December 31, 2016 $ 5,145 $ 2,032 $ 69 $ 7,246 Expenses 8,662 3,872 601 13,135 Exchange Effect 533 358 11 902 Payments (10,642 ) (4,795 ) (524 ) (15,961 ) Balance as of December 30, 2017 $ 3,698 $ 1,467 $ 157 $ 5,322 Expenses 6,367 3,771 5,001 15,139 Exchange Effect (49 ) (11 ) 23 (37 ) Payments/Utilization (9,150 ) (5,171 ) (4,394 ) (18,715 ) Balance as of December 29, 2018 $ 866 $ 56 $ 787 $ 1,709 Expenses 3,766 684 (476 ) 3,974 Exchange Effect 24 (7 ) (55 ) (38 ) Payments/Utilization (3,990 ) (632 ) (256 ) (4,878 ) Balance as of December 28, 2019 $ 666 $ 101 $ — $ 767

Nature of Operations (Details)

Nature of Operations (Details)	12 Months Ended
	Dec. 28, 2019segment
Regulatory Assets [Line Items]
Number of operating segments	3
United States
Regulatory Assets [Line Items]
Number of manufacturing plants	37
International
Regulatory Assets [Line Items]
Number of manufacturing plants	28

Acquisitions and Purchase Acc_2

Acquisitions and Purchase Accounting Acquisition and Purchase Accounting - Taylor (Details) - USD ($) $ in Thousands	Jun. 22, 2018	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 281,058	$ 1,197,984	$ 305,251
Goodwill		1,849,747	1,743,175	1,264,810
Taylor
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 1,000,000
Business Combination, Provisional Information Adjustment, Working Capital	11,500
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	2,615
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	69,151
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	20,631
Goodwill	370,842
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	603,760
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	361
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent	227
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	52,516
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	8,809
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	1,006,262
Scenario, Previously Reported | Taylor
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	2,551
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	71,162
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	21,187
Goodwill	491,339
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	484,210
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	48,417
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	8,161
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	(1,013,871)
Scenario, Adjustment | Taylor
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	64
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	(2,011)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	(556)
Goodwill	(120,497)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	119,550
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	361
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent	227
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	4,099
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	648
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	7,609
Commercial Foodservice Equipment Group
Business Acquisition [Line Items]
Goodwill		$ 1,153,552	$ 1,102,067	$ 631,451
Customer Relationships | Commercial Foodservice Equipment Group | Taylor
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 290,900
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	15 years
Oven developed technology | Commercial Foodservice Equipment Group | Taylor
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 1,700
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Backlog | Commercial Foodservice Equipment Group | Taylor
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 4,400
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months
Service Backlog | Commercial Foodservice Equipment Group | Taylor
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 2,100
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 years
Trade Names | Commercial Foodservice Equipment Group | Taylor
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 304,700

Acquisitions and Purchase Acc_3

Acquisitions and Purchase Accounting Acquisition and Purchase Accounting - Cooking Solutions Group (Details) - USD ($) $ in Thousands	Apr. 01, 2019	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 281,058	$ 1,197,984	$ 305,251
Goodwill		1,849,747	1,743,175	1,264,810
Standex
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 106,100
Business Combination, Provisional Information Adjustment, Working Capital	100
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	843
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	32,341
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	15,716
Goodwill	36,534
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	47,600
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	1,470
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	15,498
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	10,856
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(1,163)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	106,987
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	11,600
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets	700
Scenario, Previously Reported | Standex
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	843
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	33,666
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	15,959
Goodwill	31,207
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	53,450
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	15,130
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	13,082
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	106,913
Scenario, Adjustment | Standex
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	(1,325)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	(243)
Goodwill	5,327
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	(5,850)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	1,470
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	368
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(2,226)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(1,163)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	74
Commercial Foodservice Equipment Group
Business Acquisition [Line Items]
Goodwill		$ 1,153,552	$ 1,102,067	$ 631,451
Commercial Foodservice Equipment Group | Trade Names | Standex
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	24,700
Customer Relationships | Commercial Foodservice Equipment Group | Standex
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 22,500
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	9 years
Backlog | Commercial Foodservice Equipment Group | Standex
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 400
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months

Acquisitions and Purchase Acc_4

Acquisitions and Purchase Accounting Acquisition and Purchase Accounting - Other 2018 Acquisitions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Business Acquisition [Line Items]
Goodwill	$ 1,849,747	$ 1,743,175	$ 1,264,810
2018 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	16,256
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	38,163
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	25,998
Goodwill	112,335
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	62,802
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	14
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	(3,329)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(25,127)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	(2,677)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	(13,860)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(3,699)
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	206,876
Business Combination, Contingent Consideration, Liability	3,454
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	210,330
Business Acquisition, Goodwill, Expected Tax Deductible Amount	22,100
Scenario, Previously Reported | 2018 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	16,293
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	38,048
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	22,340
Goodwill	126,647
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	46,902
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	14
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	(3,329)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(23,606)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	(2,677)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	(8,937)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(3,699)
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	207,996
Business Combination, Contingent Consideration, Liability	3,454
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	211,450
Scenario, Adjustment | 2018 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	(37)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	115
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	3,658
Goodwill	(14,312)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	15,900
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(1,521)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	(4,923)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	0
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	(1,120)
Business Combination, Contingent Consideration, Liability	0
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	(1,120)
Other Intangible Assets | 2018 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	(13,100)
Other Tangible Assets | 2018 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	(800)
Commercial Foodservice Equipment Group
Business Acquisition [Line Items]
Goodwill	1,153,552	1,102,067	631,451
Commercial Foodservice Equipment Group | 2018 acquisitions
Business Acquisition [Line Items]
Goodwill	85,400
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	42,900
Food Processing Group
Business Acquisition [Line Items]
Goodwill	257,679	$ 219,054	$ 198,278
Food Processing Group | 2018 acquisitions
Business Acquisition [Line Items]
Goodwill	26,900
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	19,900
Tradenames And Trademarks | 2018 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	30,700
Customer Relationships | 2018 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	28,600
Developed Technology Rights | 2018 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 300
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Backlog | 2018 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 3,300
Minimum | Customer Relationships | 2018 acquisitions
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Minimum | Backlog | 2018 acquisitions
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months
Maximum | Customer Relationships | 2018 acquisitions
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years
Maximum | Backlog | 2018 acquisitions
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	1 year

Acquisitions and Purchase Acc_5

Acquisitions and Purchase Accounting Acquisition and Purchase Accounting - Other 2019 Acquisitions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Business Acquisition [Line Items]
Goodwill	$ 1,849,747	$ 1,743,175	$ 1,264,810
2019 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	2,673
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	22,505
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	8,938
Goodwill	96,742
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	64,218
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent	2,766
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	991
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(20,972)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(6,699)
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	171,162
Business Combination, Deferred Payments, Liability	2,404
Business Combination, Contingent Consideration, Liability	4,258
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	177,824
Business Combinations, Deferred Tax Assets, Operating Loss Carryforwards	3,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	(900)
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets	700
Business Acquisition, Goodwill, Expected Tax Deductible Amount	85,500
Business Combination, Intangible Assets, Other than Goodwill, Expected Tax Deductible Amount	54,100
Scenario, Previously Reported | 2019 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	2,683
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	21,525
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	8,920
Goodwill	99,838
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	64,019
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent	1,288
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	137
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(20,437)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(6,170)
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	171,803
Business Combination, Deferred Payments, Liability	2,404
Business Combination, Contingent Consideration, Liability	4,258
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	178,465
Scenario, Adjustment | 2019 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	(10)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	980
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	18
Goodwill	(3,096)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	199
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets Noncurrent	1,478
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	854
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(535)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(529)
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	(641)
Business Combination, Deferred Payments, Liability	0
Business Combination, Contingent Consideration, Liability	0
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	(641)
Customer Relationships | 2019 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	23,900
Developed Technology Rights | 2019 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	9,200
Backlog | 2019 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 1,500
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months
Tradenames And Trademarks | 2019 acquisitions
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 29,600
Commercial Foodservice Equipment Group
Business Acquisition [Line Items]
Goodwill	1,153,552	1,102,067	631,451
Commercial Foodservice Equipment Group | 2019 acquisitions
Business Acquisition [Line Items]
Goodwill	43,600
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	35,200
Food Processing Group
Business Acquisition [Line Items]
Goodwill	257,679	219,054	198,278
Food Processing Group | 2019 acquisitions
Business Acquisition [Line Items]
Goodwill	43,600
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	21,300
Residential Kitchen
Business Acquisition [Line Items]
Goodwill	438,516	$ 422,054	$ 435,081
Residential Kitchen | 2019 acquisitions
Business Acquisition [Line Items]
Goodwill	9,500
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 7,700
Maximum | Customer Relationships | 2019 acquisitions
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	10 years
Maximum | Developed Technology Rights | 2019 acquisitions
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years
Minimum | Customer Relationships | 2019 acquisitions
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	2 years
Minimum | Developed Technology Rights | 2019 acquisitions
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years

Acquisitions and Purchase Acc_6

Acquisitions and Purchase Accounting - Pro Forma Information (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Net sales	$ 3,022,279	$ 3,078,487
Net earnings	$ 344,823	$ 285,642
Basic	$ 6.20	$ 5.14
Diluted	$ 6.20	$ 5.14

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Significant Accounting Policies [Line Items]
Allowance for Doubtful Accounts Receivable, Current	$ 14,886	$ 13,608
Foreign Currency Transaction Gain (Loss), before Tax	900	2,600	$ (2,400)
Research and Development Expense	41,200	35,300	29,100
Share-based Compensation	8,133	2,497	6,237
Tax benefit	500	$ 100	$ 2,400
Total unrecognized compensation	$ 52,300
Weighted average life	1 year 7 months 24 days
Weighted average number diluted shares outstanding (shares)	9,000	28,000	4,000
Interest Paid, Including Capitalized Interest, Operating and Investing Activities	$ 80,900	$ 55,300	$ 25,900
Income Taxes Paid	$ 91,500	$ 79,000	$ 123,300
Restricted Stock
Significant Accounting Policies [Line Items]
Stock Issued During Period, Shares, Restricted Stock Award, Gross	537,059	132,038
Fair value of grants issued during the period	$ 60,800	$ 13,300
Grant awards, fair value per share at date of grant (usd per share)	$ 113.26	$ 100.50

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Inventories (Details) - USD ($) $ in Thousands	Dec. 28, 2019	Dec. 29, 2018
Accounting Policies [Abstract]
Inventory, Raw Materials, Net of Reserves	$ 277,394	$ 245,976
Inventory, Work in Process, Net of Reserves	58,663	51,164
Inventory, Finished Goods, Net of Reserves	249,642	224,670
Inventory, Net	$ 585,699	$ 521,810

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Property Plant and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Accounting Policies [Abstract]
Land	$ 43,467	$ 32,523
Building and improvements	229,025	196,743
Furniture and fixtures	67,992	64,586
Machinery and equipment	209,290	188,454
Property, pland and equipment, gross	549,774	482,306
Less accumulated depreciation	(197,629)	(167,737)
Property, plant and equipment, net	352,145	314,569
Depreciation	$ 37,852	$ 35,782	$ 29,710

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Summary of Estimated Useful Lives (Details)	12 Months Ended
	Dec. 28, 2019
Minimum | Building and Building Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	20 years
Minimum | Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Minimum | Machinery and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Maximum | Building and Building Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Maximum | Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	7 years
Maximum | Machinery and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	10 years

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Changes in the Carrying Amount of Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018
Goodwill [Roll Forward]
Goodwill, Impairment Loss	$ 0
Goodwill, Impaired, Accumulated Impairment Loss	0
Balance beginning of period	1,743,175	$ 1,264,810
Goodwill, Acquired During Period	134,455	517,656
Measurement period adjustments to goodwill acquired in prior year	(31,651)	(7,238)
Goodwill Translation Accounting Adjustments	(3,768)	32,053
Balance end of period	1,849,747	1,743,175
Commercial Foodservice Equipment Group
Goodwill [Roll Forward]
Balance beginning of period	1,102,067	631,451
Goodwill, Acquired During Period	81,339	487,032
Measurement period adjustments to goodwill acquired in prior year	(27,929)	(1,559)
Goodwill Translation Accounting Adjustments	1,925	14,857
Balance end of period	1,153,552	1,102,067
Food Processing Group
Goodwill [Roll Forward]
Balance beginning of period	219,054	198,278
Goodwill, Acquired During Period	43,613	30,624
Measurement period adjustments to goodwill acquired in prior year	(3,722)	(5,679)
Goodwill Translation Accounting Adjustments	1,266	4,169
Balance end of period	257,679	219,054
Residential Kitchen
Goodwill [Roll Forward]
Balance beginning of period	422,054	435,081
Goodwill, Acquired During Period	9,503	0
Measurement period adjustments to goodwill acquired in prior year	0	0
Goodwill Translation Accounting Adjustments	(6,959)	13,027
Balance end of period	$ 438,516	$ 422,054

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Gross Carrying amount	$ 779,822	$ 710,834
Finite-Lived Intangible Assets, Accumulated Amortization	(333,507)	(268,414)
Indefinite-Lived Intangible Assets, Fair Value			$ 93,000
Indefinite-Lived Intangible Assets, Carrying Value			151,000
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)	0	0	58,000
Finite-Lived Intangible Assets, Amortization Expense	$ 64,000	$ 60,000	$ 38,600
Customer Lists
Finite-Lived Intangible Assets [Line Items]
Estimated Weighted Avg Remaining LIfe	9 years 2 months 12 days	9 years 6 months
Gross Carrying amount	$ 717,397	$ 644,145
Finite-Lived Intangible Assets, Accumulated Amortization	$ (283,846)	$ (222,661)
Service Backlog
Finite-Lived Intangible Assets [Line Items]
Estimated Weighted Avg Remaining LIfe	1 year 3 months 18 days	2 years 9 months 18 days
Gross Carrying amount	$ 29,426	$ 27,065
Finite-Lived Intangible Assets, Accumulated Amortization	$ (28,283)	$ (24,755)
Developed Technology Rights
Finite-Lived Intangible Assets [Line Items]
Estimated Weighted Avg Remaining LIfe	5 years 2 months 12 days	5 years 10 months 24 days
Gross Carrying amount	$ 32,999	$ 39,624
Finite-Lived Intangible Assets, Accumulated Amortization	(21,378)	(20,998)
Tradenames And Trademarks
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 997,066	$ 918,604

Summary of Significant Accou_10

Summary of Significant Accounting Policies - Estimated Future Amortization Expense of Intagible Assets (Details) $ in Thousands	Dec. 28, 2019USD ($)
Accounting Policies [Abstract]
2020	$ 66,177
2021	62,246
2022	57,921
2023	51,916
2024	40,456
2025 and thereafter	167,599
Future amortization expense, net	$ 446,315

Summary of Significant Accou_11

Summary of Significant Accounting Policies - Accrued Expenses (Details) - USD ($) $ in Thousands	Dec. 28, 2019	Dec. 29, 2018
Accounting Policies [Abstract]
Accrued payroll and related expenses	$ 81,541	$ 74,952
Accrued warranty	66,374	59,451
Contract liabilities	74,511	57,913
Accrued customer rebates	51,709	45,740
Accrued sales and other tax	19,862	19,452
Accrued professional fees	13,368	17,313
Accrued product liability and workers compensation	15,164	16,284
Accrued agent commission	13,816	11,969
Accrued short-term leases	21,827	0
Other accrued expenses	58,378	64,372
Accrued expenses	$ 416,550	$ 367,446

Summary of Significant Accou_12

Summary of Significant Accounting Policies - Summary of Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax		$ 228,336	$ 170,938
Accumulated Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Cash Flow Hedges, Effect Net of Tax		(16,892)	7,233
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax		(105,705)	(112,771)
Accumulated Other Comprehensive Income (Loss), Net of Tax		(350,933)	(276,476)	$ (266,419)
Other Comprehensive (Income) Loss, Defined Benefit Plan, before Reclassification Adjustment, Tax		(48,600)	36,719
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax		(5,973)	2,543
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax		(77,564)	(14,689)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax		3,096	3,500
Other Comprehensive Income (Loss), before Reclassifications, before Tax		(74,457)	(10,057)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax		(8,500)
Cumulative Effect on Retained Earnings, Net of Tax		(100)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax		(105,705)	(112,771)	(69,721)
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, Net of Tax		7,066	(43,050)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax		0	0
Other Comprehensive Income (Loss), before Reclassifications, before Tax		7,066	(43,050)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax		(228,336)	(170,938)	(203,063)
Adoption of ASU 2018-02			500
Pension liability adjustment, net of tax		(59,238)	29,527
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax		1,840	3,085
Other Comprehensive Income (Loss), before Reclassifications, before Tax		(57,398)	32,125
Interest Rate Swap | Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated Other Comprehensive Income (Loss), Net of Tax		(16,892)	7,233	$ 6,365
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax		(25,392)	(1,166)
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax		1,256	415
Other Comprehensive Income (Loss), before Reclassifications, before Tax		(24,125)	868
Accounting Standards Update 2018-02
Accumulated Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02	[1]		1,132
Stranded Tax Effects Reclassified from OCI to Retained Earnings			1,100
Cumulative Effect on Retained Earnings, Net of Tax	[2]		0
Accounting Standards Update 2018-02 | Retained Earnings
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax	[2]		(1,132)
Accounting Standards Update 2018-02 | Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02	[1]		0
Accounting Standards Update 2018-02 | Accumulated Defined Benefit Plans Adjustment Attributable to Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02	[1]		(487)
Accounting Standards Update 2018-02 | Interest Rate Swap | Retained Earnings
Accumulated Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02			(1,600)
Accounting Standards Update 2018-02 | Interest Rate Swap | Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02	[1]		$ 1,619
Accounting Standards Update 2017-12
Accumulated Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02	[3]	11
Cumulative Effect on Retained Earnings, Net of Tax		0
Accounting Standards Update 2017-12 | Retained Earnings
Accumulated Other Comprehensive Income (Loss) [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax		(11)
Accounting Standards Update 2017-12 | Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02	[3]	0
Accounting Standards Update 2017-12 | Accumulated Defined Benefit Plans Adjustment Attributable to Parent
Accumulated Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02	[3]	0
Accounting Standards Update 2017-12 | Interest Rate Swap | Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Adoption of ASU 2018-02	[3]	$ 11
[1]	As of December 31, 2017, the company adopted ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The adoption of this guidance resulted in the reclassification of $1.1 million of stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 from accumulated other comprehensive income to retained earnings.
[2]	As of December 31, 2017, the company adopted ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income . The adoption of this guidance resulted in the reclassification of $1.1 million , including $1.6 million related to interest rate swap and $(0.5) million related to pensions, of stranded tax effects resulting from the Tax Cuts and Jobs Act of 2017 from accumulated other comprehensive income to retained earnings.
[3]	(3) As of December 30, 2018, the company adopted ASU No. 2017-12, "Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities" using the modified retrospective method. The adoption of this guidance resulted in the recognition of less than $(0.1) million as an adjustment to the opening balance of retained earnings.

Summary of Significant Accou_13

Summary of Significant Accounting Policies - Financial Assets and Liabilities that are Measured At Fair Value and are Categorized Using Fair Value Heirarchy (Details) - Fair Value, Measurements, Recurring - USD ($)	Dec. 28, 2019	Dec. 29, 2018
Interest Rate Swap
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Assets	$ 1,830,000	$ 13,487,000
Financial Liabilities	25,120,000	4,125,000
Interest Rate Swap | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Assets	0	0
Financial Liabilities	0	0
Interest Rate Swap | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Assets	1,830,000	13,487,000
Financial Liabilities	25,120,000	4,125,000
Interest Rate Swap | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Assets	0
Financial Liabilities	0	0
Contingent Consideration
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities	6,697,000	3,566,000
Contingent Consideration | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities	0	0
Contingent Consideration | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities		0
Contingent Consideration | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities	6,697,000	3,566,000
Foreign Exchange Forward
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities	901,000	854,000
Foreign Exchange Forward | Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities	0	0
Foreign Exchange Forward | Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities	901,000	854,000
Foreign Exchange Forward | Fair Value, Inputs, Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial Liabilities	$ 0	$ 0

Summary of Significant Accou_14

Summary of Significant Accounting Policies - Rollforward of the Warranty Reserve (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018
Movement in Standard Product Warranty Accrual [Roll Forward]
Beginning balance	$ 59,451	$ 52,834
Warranty reserve related to acquisitions	7,353	5,884
Warranty expense	68,842	62,314
Warranty claims paid	(69,272)	(61,581)
Ending balance	$ 66,374	$ 59,451

Summary of Significant Accou_15

Summary of Significant Accounting Policies Summary of Significant Accounting Policies - New Accounting Pronouncements (Details) $ in Millions	12 Months Ended
	Dec. 28, 2019USD ($)
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncement or Change in Accounting Principle, Effect of Adoption, Quantification	$ 96.8

Revenue Recognition Effect of A

Revenue Recognition Effect of Adopting ASC 606 (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 28, 2019	Dec. 29, 2018
Effect of Adopting ASC 606 [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax		$ 100
Accounting Standards Update 2014-09
Effect of Adopting ASC 606 [Line Items]
Cumulative Effect on Retained Earnings, Net of Tax	[1]		$ 4,405
[1]	As of December 31, 2017, the company adopted ASU No. 2014-09, Revenue from Contracts with Customers (ASC 606) using the modified retrospective method to contracts that were not completed as of December 30, 2017. The adoption of this guidance resulted in the recognition of $(4.4) million as an adjustment to the opening balance of retained earnings.

Revenue Recognition Disaggregat

Revenue Recognition Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 28, 2019	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Disaggregation of Revenue [Line Items]
Net sales	$ 787,626	$ 724,014	$ 761,004	$ 686,802	$ 756,672	$ 713,331	$ 668,128	$ 584,800	$ 2,959,446	$ 2,722,931	$ 2,335,542
United States And Canada
Disaggregation of Revenue [Line Items]
Net sales									1,944,101	1,806,428	1,569,426
Asia
Disaggregation of Revenue [Line Items]
Net sales									258,432	224,142	177,976
Europe And Middle East
Disaggregation of Revenue [Line Items]
Net sales									647,099	601,727	509,626
Latin America
Disaggregation of Revenue [Line Items]
Net sales									109,814	90,634	78,514
Commercial Foodservice Equipment Group
Disaggregation of Revenue [Line Items]
Net sales									1,984,345	1,729,814	1,382,108
Commercial Foodservice Equipment Group | United States And Canada
Disaggregation of Revenue [Line Items]
Net sales									1,334,776	1,176,006	968,483
Commercial Foodservice Equipment Group | Asia
Disaggregation of Revenue [Line Items]
Net sales									221,422	180,409	144,702
Commercial Foodservice Equipment Group | Europe And Middle East
Disaggregation of Revenue [Line Items]
Net sales									349,613	315,935	226,697
Commercial Foodservice Equipment Group | Latin America
Disaggregation of Revenue [Line Items]
Net sales									78,534	57,464	42,226
Food Processing Group
Disaggregation of Revenue [Line Items]
Net sales									400,951	389,594	352,717
Food Processing Group | United States And Canada
Disaggregation of Revenue [Line Items]
Net sales									246,572	263,743	256,739
Food Processing Group | Asia
Disaggregation of Revenue [Line Items]
Net sales									31,250	36,578	25,175
Food Processing Group | Europe And Middle East
Disaggregation of Revenue [Line Items]
Net sales									98,814	64,666	42,473
Food Processing Group | Latin America
Disaggregation of Revenue [Line Items]
Net sales									24,315	24,607	28,330
Residential Kitchen
Disaggregation of Revenue [Line Items]
Net sales									574,150	603,523	600,717
Residential Kitchen | United States And Canada
Disaggregation of Revenue [Line Items]
Net sales									362,753	366,679	344,204
Residential Kitchen | Asia
Disaggregation of Revenue [Line Items]
Net sales									5,760	7,155	8,099
Residential Kitchen | Europe And Middle East
Disaggregation of Revenue [Line Items]
Net sales									198,672	221,126	240,456
Residential Kitchen | Latin America
Disaggregation of Revenue [Line Items]
Net sales									$ 6,965	$ 8,563	$ 7,958

Revenue Recognition Contract wi

Revenue Recognition Contract with Customer, Asset and Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018
Revenue Recognition [Abstract]
Contract assets	$ 22,675	$ 14,048
Contract liabilities	74,511	57,913
Non-current contract liabilities	12,870	$ 12,170
Contract with Customer, Asset, Reclassified to Receivable	9,100
Contract with Customer, Liability, Revenue Recognized	51,800
Increase (Decrease) in Deferred Revenue and Customer Advances and Deposits	71,400
Contract asset impairment	$ 0

Financing Arrangements - Schedu

Financing Arrangements - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Dec. 28, 2019	Dec. 29, 2018
Debt Instrument [Line Items]
Senior secured revolving credit line	$ 1,869,402	$ 1,887,764
Other debt arrangement	116	175
Total debt	1,873,140	1,892,105
Less: Current maturities of long-term debt	2,894	3,207
Long-term debt	1,870,246	1,888,898
Foreign loans [Member]
Debt Instrument [Line Items]
Foreign loans	$ 3,622	$ 4,166

Financing Arrangements - Additi

Financing Arrangements - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 2,500,000
Line of Credit Facility, Increase (Decrease), Net		$ 500,000
Line of Credit Facility, Potential Additional Borrowing Capacity	3,000,000
Long-term line of credit	1,869,402	1,887,764
Senior secured revolving credit line	1,869,402	$ 1,887,764
Line of Credit Facility, Outstanding Amount, USD Borrowings	1,800,000
Line of Credit Facility, Amount Outstanding, EUR Borrowings	47,900
Letters of credit outstanding	13,300
Remaining borrowing capacity	$ 1,100,000
Credit facility, additional interest rate above LIBOR	1.625%
Debt Instrument Interest Additional Interest Above LIBOR Rate Alternative	0.625%
Debt Instrument Interest Additional Interest Above Fed Funds Rate	0.50%
Debt Instrument, Interest Rate, Increase (Decrease)	1.00%
Credit facility, average interest rate	3.37%
Variable commitment fee	0.25%
Line of credit, Current and Noncurrent, Foreign	$ 3,600
Interest rate at period end	5.18%
Derivative Notional Amount, NonCurrent	$ 897,000
Derivative Fixed Interest Rate, NonCurrent	2.27%
Debt Instrument, Interest Coverage Ratio Range, Low	300.00%
Debt Instrument, Interest Coverage Ratio Range, High	100.00%
Debt Instrument, Leverage Ratio Range, Low	400.00%
Debt Instrument, Leverage Ratio Range, High	100.00%
Debt Instrument, Qualified Leverage Ratio Range, Low	450.00%
Debt Instrument, Qualified Leverage Ratio Range, High	100.00%
maturity less than 12 months [Member]
Debt Instrument [Line Items]
Derivative Notional Amount, NonCurrent	$ 51,000
Derivative Fixed Interest Rate, NonCurrent	1.27%

Financing Arrangements - Level

Financing Arrangements - Level 2 Measurements (Details) - USD ($) $ in Thousands	Dec. 28, 2019	Dec. 29, 2018
Debt Disclosure [Abstract]
Total debt	$ 1,873,140	$ 1,892,105
Total debt, fair value	$ 1,873,140	$ 1,892,105

Financing Arrangements - Sche_2

Financing Arrangements - Schedule of Future Aggregate Debt Payable (Details) $ in Thousands	Dec. 28, 2019USD ($)
Debt Disclosure [Abstract]
2020	$ 2,894
2021	378
2022	302
2023	82
2024 and thereafter	1,869,484
Total Debt Payable	$ 1,873,140

Common and Preferred Stock - Na

Common and Preferred Stock - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Common Stock, Shares Authorized	95,000,000	95,000,000
Preferred Stock, Shares Authorized	2,000,000	2,000,000
Remaining number of shares authorized to be repurchased (shares)	2,373,800
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value	$ 16.5
Restricted Stock
Nonvested number of shares (shares)	527,085	125,842	159,203
Stock Incentive Plan 2011
Number of shares authorized (shares)	2,650,000
Number of shares granted, cumulative (shares)	1,652,175
Nonvested number of shares (shares)	527,085
IncreaseInAuthSharesDuring2017 | Stock Incentive Plan 2011
Number of shares authorized (shares)	1,000,000

Common and Preferred Stock - Su

Common and Preferred Stock - Summary of Nonvested Restricted Share Grant Activity Under 2011 Stock Incentive Plans and Related Information (Details) - $ / shares	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Nonvested shares, beginning balance (shares)	125,842	159,203
Granted (shares)	537,059	132,038
Vested (shares)	(135,816)	(6,203)
Forfeited (shares)	0	(159,196)
Nonvested shares, ending balance (shares)	527,085	125,842
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Nonvested shares, beginning balance (usd per share)	$ 112.60	$ 103.29	$ 104.44
Granted (usd per share)	113.26	100.50
Vested (usd per share)	105.81	126.09
Forfeited (usd per share)	0	100.84
Nonvested shares, ending balance (usd per share)	$ 112.60	$ 103.29
2017 Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased			2,500,000
Stock Repurchased During Period, Shares	126,200

Income Taxes - Summary of Earni

Income Taxes - Summary of Earnings Before Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Income Tax Disclosure [Abstract]
Domestic	$ 336,688	$ 328,870	$ 290,866
Foreign	125,931	94,643	92,663
Total	$ 462,619	$ 423,513	$ 383,529

Income Taxes - Summary of Provi

Income Taxes - Summary of Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Income Tax Disclosure [Abstract]
Federal	$ 69,074	$ 66,359	$ 48,688
State and local	16,203	16,035	9,076
Foreign	25,102	23,967	27,637
Total	110,379	106,361	85,401
Current	88,167	85,872	99,893
Deferred	$ 22,212	$ 20,489	$ (14,492)

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Differences Between Income Taxes Computed at the Federal Statutory Rate to the Effective Rate (Details)	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Income Tax Disclosure [Abstract]
U.S. federal statutory tax rate	21.00%	21.00%	35.00%
State taxes, net of federal benefit	3.20%	3.00%	1.50%
U.S. domestic manufacturers deduction	0.00%	0.00%	(2.10%)
Permanent differences	0.60%	0.20%	(0.70%)
Foreign income tax rate at rates other than U.S. statutory	0.20%	1.30%	(1.60%)
Effective Income Tax Rate Reconciliation, Tax Cuts and Job Act of 2017 deferred tax changes	0.00%	0.20%	(10.00%)
Effective Income Tax Rate Reconciliation, Tax Cuts and Jobs Act of 2017 transition tax	0.00%	(0.10%)	2.00%
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	0.10%	(0.50%)	(2.00%)
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Percent	0.30%	0.00%	1.50%
Other	(1.50%)	0.00%	(1.30%)
Consolidated effective tax	23.90%	25.10%	22.30%

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 28, 2019	Dec. 29, 2018
Deferred tax assets:
Compensation related	$ 4,744	$ 3,776
Pension and post-retirement benefits	48,716	41,502
Inventory reserves	15,166	14,441
Accrued liabilities and reserves	17,321	13,835
Warranty reserves	16,550	10,641
Operating lease liability	17,521	0
Net operating loss carryforwards	17,873	36,629
Other	22,579	10,531
Gross deferred tax assets	160,470	131,355
Valuation allowance	(7,754)	(26,023)
Deferred tax assets	152,716	105,332
Deferred tax liabilities:
Intangible assets	(203,721)	(167,197)
Depreciable assets	(18,020)	(13,617)
Operating lease right-of-use assets	(17,542)	0
Other	(10,001)	(6,226)
Deferred tax liabilities	(249,284)	(187,040)
Deferred Income Tax Liabilities, Net	(96,568)	(81,708)
Long-term deferred liability	36,932	32,188
Deferred Tax Liabilities, Net, Noncurrent	$ (133,500)	$ (113,896)

Income Taxes - Summary of Activ

Income Taxes - Summary of Activity Related to Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance, Beginning Period	$ 31,912	$ 29,930
Increases to current year tax positions	4,216	3,912
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions	254	2,860
Unrecognized Tax Benefits, Decrease Resulting from Prior Period Tax Positions		569
Lapse of statute of limitations	4,823	4,221
Balance, Ending Period	$ 31,559	$ 31,912

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Income Tax Disclosure [Abstract]
Permanently Reinvested Foreign Earnings	$ 5,600	$ 4,100
Deferred Tax Liabilities, Undistributed Foreign Earnings	369,000
Operating Loss Carryforwards	17,873	36,629
Deferred Tax Assets, Operating Loss Carryforwards	19,500
Deferred Tax Assets, Operating Loss Carryforwards, Subject to Expiration	13,400
Deferred Tax Assets, Operating Loss Carryforwards, Not Subject to Expiration	6,100
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	104,400
Deferred Tax Assets, Operating Loss Carryforwards, Foreign	38,200
Deferred Tax Assets, Valuation Allowance	5,200
Deferred Tax Assets, Operating Loss Carryforwards, Foreign Write Off	18,400
Unrecognized tax benefits rleated to federal, state and foreign taxes	31,559	31,912	$ 29,930
Unrecognized tax benefits related to federal, state and foreign taxes that would impact the effective tax rate if recognized	31,200
Unrecognized tax benefits, accured interest	5,500
Unrecognized tax benefits, penalties	7,200
Unrecognized tax benefits, interest recognized	400	600	700
Unrecognized tax benefits, penalties recognized	(900)	$ 600	$ 1,300
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	$ 5,300

Financial Instruments - Additio

Financial Instruments - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018
Derivatives, Fair Value [Line Items]
Interest rate derivative liabilities, at fair value	$ 23,300
Interest Rate Derivative Assets, at Fair Value		$ 9,400
Increase (decrease) in fair value of interest rate fair value hedging instruments	(24,100)
Interest Rate Swap | Other Noncurrent Assets
Derivatives, Fair Value [Line Items]
Interest Rate Fair Value Hedge Asset at Fair Value	1,830	13,487
Interest Rate Swap | Other Noncurrent Liabilities
Derivatives, Fair Value [Line Items]
Interest Rate Cash Flow Hedge Liability at Fair Value	25,120	4,125
Foreign Exchange Forward
Derivatives, Fair Value [Line Items]
Fair value of forward contracts	(900)
Other Comprehensive Income (Loss) | Interest Rate Swap
Derivatives, Fair Value [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax	(31,396)	(561)
Interest Expense | Interest Rate Swap
Derivatives, Fair Value [Line Items]
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	1,256	415
Other Expense | Interest Rate Swap
Derivatives, Fair Value [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	$ 0	$ 72

Lease Commitments Operating Lea

Lease Commitments Operating Lease (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Leases [Abstract]
Operating Lease, Cost	$ 31,000	$ 30,200	$ 27,100
Operating Lease, Right-of-Use Asset	96,655
Operating Lease, Liability, Current	21,827	$ 0
Operating Lease, Liability, Noncurrent	75,018
Operating Lease, Liability	$ 96,845

Lease Commitments Lease Commitm

Lease Commitments Lease Commitments (Details) $ in Thousands	Dec. 28, 2019USD ($)
Leases [Abstract]
2020	$ 24,563
2021	21,424
2022	17,875
2023	12,742
2024	10,134
2025 and thereafter	25,514
Total future lease commitments	112,252
Less imputed interest	15,407
Operating Lease, Liability	$ 96,845

Lease Commitments Other Lease I

Lease Commitments Other Lease Information (Details) $ in Thousands	12 Months Ended
	Dec. 28, 2019USD ($)
Leases [Abstract]
Operating Lease, Payments	$ 24,794
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 25,306
Operating Lease, Weighted Average Remaining Lease Term	6 years 3 months 18 days
Operating Lease, Weighted Average Discount Rate, Percent	3.40%

Segment Information Segment Inf

Segment Information Segment Information - Narrative (Details)	12 Months Ended
	Dec. 28, 2019segment
Segment Reporting [Abstract]
Number of operating segments	3

Segment Information - Results o

Segment Information - Results of Business Segments (Details) - USD ($) $ in Thousands		3 Months Ended										12 Months Ended
		Dec. 28, 2019		Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 29, 2018		Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 28, 2019		Dec. 29, 2018		Dec. 30, 2017
Segment Reporting Information [Line Items]
Net sales		$ 787,626		$ 724,014	$ 761,004	$ 686,802	$ 756,672		$ 713,331	$ 668,128	$ 584,800	$ 2,959,446		$ 2,722,931		$ 2,335,542
Operating Income (Loss)		152,030		$ 121,345	$ 139,607	$ 101,061	139,987		$ 107,677	$ 111,310	$ 86,992	514,043	[1],[2]	445,966	[2]	378,613	[2],[3],[4]
Depreciation												37,852		35,782		29,710
Amortization expense (5)	[5]											65,576		61,456		40,064
Net capital expenditures												46,609		36,040		54,493
Total assets		5,002,143					4,549,781					5,002,143		4,549,781		3,339,713
Long-lived assets	[6]	499,819					383,988					499,819		383,988		362,588
Commercial Foodservice Equipment Group
Segment Reporting Information [Line Items]
Net sales												1,984,345		1,729,814		1,382,108
Operating Income (Loss)	[2]											429,946	[1]	393,380		357,085	[3],[4]
Depreciation												21,054		17,374		12,643
Amortization expense (5)	[5]											45,906		35,224		17,338
Net capital expenditures												29,353		17,444		41,457
Total assets		3,188,304					2,906,373					3,188,304		2,906,373		1,693,820
Long-lived assets		261,466	[6]				181,636	[7]				261,466	[6]	181,636	[7]	148,565	[6]
Food Processing Group
Segment Reporting Information [Line Items]
Net sales												400,951		389,594		352,717
Operating Income (Loss)	[2]											68,935	[1]	62,435		88,121	[3],[4]
Depreciation												4,944		5,207		3,677
Amortization expense (5)	[5]											8,162		7,527		3,680
Net capital expenditures												6,683		7,373		5,519
Total assets		621,619					513,189					621,619		513,189		450,932
Long-lived assets		57,403	[6]				33,127	[7]				57,403	[6]	33,127	[7]	25,346	[6]
Residential Kitchen
Segment Reporting Information [Line Items]
Net sales												574,150		603,523		600,717
Operating Income (Loss)	[2]											89,312	[1]	53,959		(377)	[3],[4]
Depreciation												11,742		12,838		12,984
Amortization expense (5)	[5]											9,896		17,226		17,567
Net capital expenditures												9,168		11,721		7,637
Total assets		1,157,211					1,089,103					1,157,211		1,089,103		1,140,668
Long-lived assets		176,834	[6]				146,897	[7]				176,834	[6]	146,897	[7]	167,486	[6]
Corporate and Other
Segment Reporting Information [Line Items]
Net sales												0		0		0
Operating Income (Loss)	[2]											(74,150)	[1]	(63,808)		(66,216)	[3],[4]
Depreciation												112		363		406
Amortization expense (5)	[5]											1,612		1,479		1,479
Net capital expenditures												1,405		(498)		(120)
Total assets		35,009					41,116					35,009		41,116		54,293
Long-lived assets		$ 4,116	[6]				$ 22,328	[7]				$ 4,116	[6]	$ 22,328	[7]	$ 21,191	[6]
[1]	Gain on litigation settlement is included in Residential Kitchen.
[2]	Restructuring expenses are included in operating income of the segment to which they pertain. See note 13 for further details.
[3]	Impairment of intangible assets is included in Residential Kitchen.
[4]	Impairment of intangible assets is included in Residential Kitchen.
[5]	Includes amortization of deferred financing costs
[6]	Gain on sale of plant is included in Commercial Foodservice.
[7]	Includes corporate and other general company assets and operations.

Segment Information - Long-live

Segment Information - Long-lived assets (Details) - USD ($) $ in Thousands	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
Segment Reporting Information [Line Items]
Long-lived assets	$ 499,819	$ 383,988	$ 362,588
United States And Canada
Segment Reporting Information [Line Items]
Long-lived assets			221,479
Asia
Segment Reporting Information [Line Items]
Long-lived assets			14,033
Europe And Middle East
Segment Reporting Information [Line Items]
Long-lived assets			126,264
Latin America
Segment Reporting Information [Line Items]
Long-lived assets			812
Total International
Segment Reporting Information [Line Items]
Long-lived assets	194,612	121,506	$ 141,109
United States And Canada
Segment Reporting Information [Line Items]
Long-lived assets	305,207	262,482
Asia
Segment Reporting Information [Line Items]
Long-lived assets	22,312	12,136
Europe And Middle East
Segment Reporting Information [Line Items]
Long-lived assets	165,781	108,001
Latin America
Segment Reporting Information [Line Items]
Long-lived assets	$ 6,519	$ 1,369

Employee Retirement Plans Summa

Employee Retirement Plans Summary of the Plans' Net Periodic Pension Cost, Benefit Obligations, Funded Status, and Net Balance Sheet Position (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018
Change in Benefit Obligation:
Curtailment loss	$ 865
Amounts recognized in balance sheet at year end:
Accrued pension benefits	(289,086)	$ (253,119)
Pre-tax components in accumulated other comprehensive income at period end:
Pension settlement gain recognized	11,900
Non US Plans
Net Periodic Pension Cost:
Service cost	2,457	3,754
Interest cost	33,490	32,173
Expected return on assets	(67,542)	(75,017)
Amortization of net loss (gain)	(721)	(4,056)
Amortization of prior service cost	2,560	437
Curtailment loss	(865)	(906)
Pension settlement gain	0	(655)
Defined Benefit Plan, Net Periodic Benefit Cost	(27,449)	(34,346)
Change in Benefit Obligation:
Benefit obligation – beginning of year	1,377,575	1,615,244
Service cost	2,457	3,754
Prior service cost	0	53,586
Interest cost	33,490	32,173
Member contributions	313	290
Actuarial loss (gain)	102,377	(163,746)
Pension settlement gain	0	(873)
Net benefit payments	(62,355)	(72,095)
Curtailment loss		906
Exchange effect	46,894	(91,664)
Benefit obligation – end of year	1,501,616	1,377,575
Change in Plan Assets:
Plan assets at fair value – beginning of year	1,141,381	1,296,539
Company contributions	5,934	4,889
Investment gain (loss)	107,368	(12,600)
Member contributions	313	290
Defined Benefit Plan, Plan Assets, Payment for Settlement	0	(161)
Benefit payments and plan expenses	(62,355)	(72,095)
Exchange effect	38,540	(75,481)
Plan assets at fair value – end of year	1,231,181	1,141,381
Funded Status:
Unfunded benefit obligation	(270,435)	(236,194)
Amounts recognized in balance sheet at year end:
Accrued pension benefits	(270,435)	(236,194)
Pre-tax components in accumulated other comprehensive income at period end:
Net actuarial loss	270,116	202,672
Current year actuarial (gain) loss	69,228	(88,992)
Actuarial gain (loss) recognized	(798)	(4,741)
Prior service cost	0	53,586
Prior service cost recognized	(986)	(437)
Pension settlement gain	0	(713)
Pension settlement gain recognized	0	654
Total amount recognized	(67,444)	40,643
Accumulated Benefit Obligation	$ 1,501,616	$ 1,377,532
Salary growth rate	0.80%	0.80%
Assumed discount rate	2.00%	2.70%
Expected return on assets	6.20%	6.20%
USPlans
Net Periodic Pension Cost:
Service cost	$ 0	$ 365
Interest cost	1,253	1,082
Expected return on assets	(868)	(967)
Amortization of net loss (gain)	(664)	129
Amortization of prior service cost	0	0
Curtailment loss	0	0
Pension settlement gain	0	0
Defined Benefit Plan, Net Periodic Benefit Cost	1,049	351
Change in Benefit Obligation:
Benefit obligation – beginning of year	31,559	31,908
Service cost	0	365
Prior service cost	0	0
Interest cost	1,253	1,082
Member contributions	0	0
Actuarial loss (gain)	4,173	(850)
Pension settlement gain	0	0
Net benefit payments	(1,590)	(946)
Curtailment loss	0	0
Exchange effect	0	0
Benefit obligation – end of year	35,395	31,559
Change in Plan Assets:
Plan assets at fair value – beginning of year	14,634	16,102
Company contributions	1,191	877
Investment gain (loss)	2,509	(1,399)
Member contributions	0	0
Defined Benefit Plan, Plan Assets, Payment for Settlement	0	0
Benefit payments and plan expenses	(1,590)	(946)
Exchange effect	0	0
Plan assets at fair value – end of year	16,744	14,634
Funded Status:
Unfunded benefit obligation	(18,651)	(16,925)
Amounts recognized in balance sheet at year end:
Accrued pension benefits	(18,651)	(16,925)
Pre-tax components in accumulated other comprehensive income at period end:
Net actuarial loss	6,853	4,985
Current year actuarial (gain) loss	2,532	1,516
Actuarial gain (loss) recognized	(664)	129
Prior service cost	0	0
Prior service cost recognized	0	0
Pension settlement gain	0	0
Pension settlement gain recognized	0	0
Total amount recognized	(1,868)	(1,645)
Accumulated Benefit Obligation	$ 35,395	$ 31,559
Assumed discount rate	3.00%	4.10%
Expected return on assets	6.00%	6.00%

Employee Retirement Plans Sum_2

Employee Retirement Plans Summary classes of security by percentage (Details)	Dec. 28, 2019	Dec. 29, 2018
Non US Plans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	100.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	100.00%	100.00%
Non US Plans | Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	17.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	22.00%	23.00%
Non US Plans | Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	38.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	39.00%	52.00%
Non US Plans | Money Market Instruments [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	32.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	22.00%	9.00%
Non US Plans | Other (real estate & commodities) [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	13.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	13.00%	14.00%
Non US Plans | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	0.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	4.00%	2.00%
USPlans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	100.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	100.00%	100.00%
USPlans | Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	48.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	51.00%	42.00%
USPlans | Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	40.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	37.00%	49.00%
USPlans | Money Market Instruments [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	4.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	2.00%	1.00%
USPlans | Other (real estate & commodities) [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Target Allocation, Percentage	8.00%
Defined Benefit Plan, Plan Assets, Actual Allocation, Percentage	10.00%	8.00%

Employee Retirement Plans Sum_3

Employee Retirement Plans Summary of the Basis Used to Measure Pension Plans' Assets at Fair Value (Details) - USD ($) $ in Thousands		Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
USPlans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		$ 16,744	$ 14,634	$ 16,102
Defined Benefit Plan, Net Asset Value of Plan Assets		347	175
Non US Plans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		1,231,181	1,141,381	$ 1,296,539
Defined Benefit Plan, Net Asset Value of Plan Assets		926,083	859,993
Short Term Investment Fund | USPlans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount	[1]	347	175
Defined Benefit Plan, Net Asset Value of Plan Assets	[1]	347	175
Short Term Investment Fund | Non US Plans | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		44,748	28,434
Defined Benefit Plan, Net Asset Value of Plan Assets		23,732	21,453
Equity Securities | USPlans | U S Large Cap
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		3,957	2,615
Defined Benefit Plan, Net Asset Value of Plan Assets		0	0
Equity Securities | USPlans | U S Mid Cap
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		417	329
Defined Benefit Plan, Net Asset Value of Plan Assets		0	0
Equity Securities | USPlans | U S Small Cap
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		418	326
Defined Benefit Plan, Net Asset Value of Plan Assets		0	0
Equity Securities | USPlans | International Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		3,657	2,937
Defined Benefit Plan, Net Asset Value of Plan Assets		0	0
Equity Securities | Non US Plans | Equity Securities, U K Market
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		101,922	155,687
Defined Benefit Plan, Net Asset Value of Plan Assets		13,092	76,749
Equity Securities | Non US Plans | Equity Securities, International, Developed
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		165,709	99,872
Defined Benefit Plan, Net Asset Value of Plan Assets		152,539	85,375
Equity Securities | Non US Plans | Equity Securities, Unquoted Private Equity
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		123	1,752
Defined Benefit Plan, Net Asset Value of Plan Assets		123	1,752
Equity Securities | Non US Plans | Equity Securities, international, Emerging
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		11,653	7,488
Defined Benefit Plan, Net Asset Value of Plan Assets		11,003	6,897
Fixed Income | USPlans | Government/Corporate
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		4,992	5,994
Defined Benefit Plan, Net Asset Value of Plan Assets		0	0
Fixed Income | USPlans | High Yield Fixed Income
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		1,260	1,102
Defined Benefit Plan, Net Asset Value of Plan Assets		0	0
Fixed Income | Non US Plans | Fixed Income, Government/Corporate, Other
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		6,367	650
Defined Benefit Plan, Net Asset Value of Plan Assets		6,367	650
Fixed Income | Non US Plans | Fixed Income,Convertible Bonds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		177	188
Defined Benefit Plan, Net Asset Value of Plan Assets		177	188
Fixed Income | Non US Plans | Fixed Income, Government/Corporate, Index Linked
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		189,463	47,873
Defined Benefit Plan, Net Asset Value of Plan Assets		187,378	44,259
Fixed Income | Non US Plans | Fixed Income, Government/Corporate, International
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		86,208	75,980
Defined Benefit Plan, Net Asset Value of Plan Assets		86,208	75,980
Fixed Income | Non US Plans | Fixed Income, Government/Corporate, U K
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		189,513	468,608
Defined Benefit Plan, Net Asset Value of Plan Assets		172,401	449,969
Real Estate Funds | Non US Plans | Real Estate Funds, Direct
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		154,494	148,551
Defined Benefit Plan, Net Asset Value of Plan Assets		0	0
Real Estate Funds | Non US Plans | Real Estate Funds,Indirect
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		8,155	10,812
Defined Benefit Plan, Net Asset Value of Plan Assets		415	1,326
Hedge Funds, Multi-strategy | Non US Plans | Hedge Funds, Equity
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		21,683	73,783
Defined Benefit Plan, Net Asset Value of Plan Assets		21,683	73,783
Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Arbitrage&Event
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		29,284	73,261
Defined Benefit Plan, Net Asset Value of Plan Assets		29,284	73,261
Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Directional Trading&Fixed Income
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		9,361	44,091
Defined Benefit Plan, Net Asset Value of Plan Assets		9,361	44,091
Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Cash & Other
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		163,058	21,719
Defined Benefit Plan, Net Asset Value of Plan Assets		163,058	21,719
Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Direct Sourcing
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		2,269	2,289
Defined Benefit Plan, Net Asset Value of Plan Assets		2,269	2,289
Leveraged Loans | Non US Plans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		21,635	18,295
Defined Benefit Plan, Net Asset Value of Plan Assets		21,635	18,295
Alternative Investment [Member] | USPlans | Real Estate Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		1,358	591
Defined Benefit Plan, Net Asset Value of Plan Assets		0	0
Alternative Investment [Member] | USPlans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		338	565
Defined Benefit Plan, Net Asset Value of Plan Assets		0	0
Alternative Investment [Member] | Non US Plans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		25,359	(137,952)
Defined Benefit Plan, Net Asset Value of Plan Assets		25,358	(138,043)
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | USPlans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		16,397	14,459
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Non US Plans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		137,260	114,018
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Short Term Investment Fund | USPlans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount	[1]	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Short Term Investment Fund | Non US Plans | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		18,142	4,325
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities | USPlans | U S Large Cap
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		3,957	2,615
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities | USPlans | U S Mid Cap
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		417	329
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities | USPlans | U S Small Cap
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		418	326
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities | USPlans | International Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		3,657	2,937
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities | Non US Plans | Equity Securities, U K Market
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		88,830	78,938
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities | Non US Plans | Equity Securities, International, Developed
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		13,170	14,497
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities | Non US Plans | Equity Securities, Unquoted Private Equity
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Equity Securities | Non US Plans | Equity Securities, international, Emerging
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		650	591
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fixed Income | USPlans | Government/Corporate
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		4,992	5,994
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fixed Income | USPlans | High Yield Fixed Income
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		1,260	1,102
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, Other
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fixed Income | Non US Plans | Fixed Income,Convertible Bonds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, Index Linked
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		2,085	3,614
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, International
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, U K
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		14,245	11,860
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Real Estate Funds | Non US Plans | Real Estate Funds, Direct
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Real Estate Funds | Non US Plans | Real Estate Funds,Indirect
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		137	188
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Hedge Funds, Multi-strategy | Non US Plans | Hedge Funds, Equity
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Arbitrage&Event
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Directional Trading&Fixed Income
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Cash & Other
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Direct Sourcing
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Leveraged Loans | Non US Plans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Alternative Investment [Member] | USPlans | Real Estate Funds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		1,358	591
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Alternative Investment [Member] | USPlans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		338	565
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Alternative Investment [Member] | Non US Plans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		1	5
Significant Observable Inputs (Level 2) | Non US Plans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		167,838	167,284
Significant Observable Inputs (Level 2) | Short Term Investment Fund | Non US Plans | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		2,874	2,656
Significant Observable Inputs (Level 2) | Equity Securities | Non US Plans | Equity Securities, U K Market
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Equity Securities | Non US Plans | Equity Securities, International, Developed
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Equity Securities | Non US Plans | Equity Securities, Unquoted Private Equity
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Equity Securities | Non US Plans | Equity Securities, international, Emerging
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, Other
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Fixed Income | Non US Plans | Fixed Income,Convertible Bonds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, Index Linked
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, International
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, U K
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		2,867	6,779
Significant Observable Inputs (Level 2) | Real Estate Funds | Non US Plans | Real Estate Funds, Direct
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		154,494	148,551
Significant Observable Inputs (Level 2) | Real Estate Funds | Non US Plans | Real Estate Funds,Indirect
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		7,603	9,298
Significant Observable Inputs (Level 2) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Funds, Equity
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Arbitrage&Event
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Directional Trading&Fixed Income
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Cash & Other
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Direct Sourcing
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Leveraged Loans | Non US Plans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Observable Inputs (Level 2) | Alternative Investment [Member] | Non US Plans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Non US Plans
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	86
Significant Unobservable Inputs (Level 3) | Short Term Investment Fund | Non US Plans | Cash and Cash Equivalents
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Equity Securities | Non US Plans | Equity Securities, U K Market
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Equity Securities | Non US Plans | Equity Securities, International, Developed
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Equity Securities | Non US Plans | Equity Securities, Unquoted Private Equity
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Equity Securities | Non US Plans | Equity Securities, international, Emerging
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, Other
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Fixed Income | Non US Plans | Fixed Income,Convertible Bonds
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, Index Linked
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, International
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Fixed Income | Non US Plans | Fixed Income, Government/Corporate, U K
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Real Estate Funds | Non US Plans | Real Estate Funds, Direct
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Real Estate Funds | Non US Plans | Real Estate Funds,Indirect
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Funds, Equity
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Arbitrage&Event
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Directional Trading&Fixed Income
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Cash & Other
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Hedge Funds, Multi-strategy | Non US Plans | Hedge Fund, Direct Sourcing
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Leveraged Loans | Non US Plans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		0	0
Significant Unobservable Inputs (Level 3) | Alternative Investment [Member] | Non US Plans | Commodities Contracts
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Plan Assets, Amount		$ 0	$ 86
[1]	Represents collective short term investment fund, composed of high-grade money market instruments with short maturities.

Employee Retirement Plans Estim

Employee Retirement Plans Estimated Future Benefit Payments under the Plans (Details) $ in Thousands	Dec. 28, 2019USD ($)
USPlans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2020	$ 1,738
2021	1,763
2022	1,776
2023	1,784
2024 through 2029	11,267
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year	1,300
Non US Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
2020	63,856
2021	65,110
2022	66,177
2023	66,332
2024 through 2029	405,088
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year	$ 5,800

Employee Retirement Plans - Add

Employee Retirement Plans - Additional Information (Details)	12 Months Ended
	Dec. 28, 2019plan
Retirement Benefits [Abstract]
Number of defined contribution 401K savings plans	2

Quarterly Data (Unaudited) (Det

Quarterly Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 28, 2019		Sep. 28, 2019		Jun. 29, 2019		Mar. 30, 2019		Dec. 29, 2018		Sep. 29, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 28, 2019		Dec. 29, 2018		Dec. 30, 2017
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 787,626		$ 724,014		$ 761,004		$ 686,802		$ 756,672		$ 713,331		$ 668,128		$ 584,800		$ 2,959,446		$ 2,722,931		$ 2,335,542
Gross Profit	289,678		270,028		286,479		257,312		280,588		261,160		250,759		211,633		1,103,497		1,004,140		912,741
Income from operations	152,030		121,345		139,607		101,061		139,987		107,677		111,310		86,992		514,043	[1],[2]	445,966	[2]	378,613	[2],[3],[4]
Net earnings	$ 108,997		$ 82,020		$ 92,210		$ 69,013		$ 94,839		$ 72,905		$ 83,988		$ 65,420		$ 352,240		$ 317,152		$ 298,128
Basic earnings per share (usd per share)	$ 1.96	[5]	$ 1.47	[5]	$ 1.66	[5]	$ 1.24	[5]	$ 1.71	[5]	$ 1.31	[5]	$ 1.51	[5]	$ 1.18	[5]	$ 6.33		$ 5.71	[5]	$ 5.26
Diluted earnings per share (usd per share)	$ 1.96	[5]	$ 1.47	[5]	$ 1.66	[5]	$ 1.24	[5]	$ 1.70	[5]	$ 1.31	[5]	$ 1.51	[5]	$ 1.18	[5]	$ 6.33		$ 5.70	[5]	$ 5.26
[1]	Gain on litigation settlement is included in Residential Kitchen.
[2]	Restructuring expenses are included in operating income of the segment to which they pertain. See note 13 for further details.
[3]	Impairment of intangible assets is included in Residential Kitchen.
[4]	Impairment of intangible assets is included in Residential Kitchen.
[5]	Sum of quarters may not equal the total for the year due to changes in the number of shares outstanding during the year.

Restructuring Restructuring Cha

Restructuring Restructuring Charges (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017	Dec. 31, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	$ 10,480	$ 19,332	$ 19,951
Facility Closing
Restructuring Cost and Reserve [Line Items]
Payments for Restructuring		5,171	4,795
Other Restructuring
Restructuring Cost and Reserve [Line Items]
Payments for Restructuring		4,394
Commercial Foodservice Equipment Group
Restructuring Cost and Reserve [Line Items]
Restructuring Charges	6,400	3,500
Residential Kitchen
Restructuring Cost and Reserve [Line Items]
Effects on Future Earnings, Restructuring	3,000
Restructuring Charges	1,700		1,200
Residential Kitchen | Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	666	866	3,698	$ 5,145
Restructuring Charges	3,766	6,367	8,662
Restructuring Reserve, Foreign Currency Translation Gain (Loss)	24	(49)	533
Payments for Restructuring	3,990	9,150	10,642
Residential Kitchen | Facility Closing
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	101	56	1,467	2,032
Restructuring Charges	684	3,771	3,872
Restructuring Reserve, Foreign Currency Translation Gain (Loss)	(7)	(11)	358
Payments for Restructuring	632
Residential Kitchen | Other Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	0	787	157	69
Restructuring Charges	(476)	5,001	601
Restructuring Reserve, Foreign Currency Translation Gain (Loss)	(55)	23	11
Payments for Restructuring	256		524
Residential Kitchen | Restructuring Charges
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	767	1,709	5,322	$ 7,246
Restructuring Charges	3,974	15,139	13,135
Restructuring Reserve, Foreign Currency Translation Gain (Loss)	(38)	(37)	902
Payments for Restructuring	4,878	18,715	15,961
Residential Kitchen | AGA Group
Restructuring Cost and Reserve [Line Items]
Restructuring Charges, Cumulative	59,700
Effects on Future Earnings, Restructuring	20,000
Restructuring Charges	2,300	$ 15,100	$ 11,900
Minimum | Commercial Foodservice Equipment Group
Restructuring Cost and Reserve [Line Items]
Effects on Future Earnings, Restructuring	10,000
Maximum | Commercial Foodservice Equipment Group
Restructuring Cost and Reserve [Line Items]
Effects on Future Earnings, Restructuring	$ 15,000

Subsequent Event (Details)

Subsequent Event (Details) - USD ($) $ in Thousands	Jan. 31, 2020	Dec. 28, 2019	Dec. 29, 2018
Subsequent Event [Line Items]
Maximum borrowing capacity		$ 2,500,000
Line of Credit Facility, Potential Additional Borrowing Capacity		3,000,000
Long-term line of credit		$ 1,869,402	$ 1,887,764
Credit facility, additional interest rate above LIBOR		1.625%
Line of Credit
Subsequent Event [Line Items]
Maximum borrowing capacity	$ 3,500,000
Line of Credit Facility, Potential Additional Borrowing Capacity	4,000,000
Long-term line of credit	750,000
Long-term Line of Credit, Revolving Credit Facility	$ 2,750,000
Credit facility, additional interest rate above LIBOR	1.625%
Term loan facility amortization rate	2.50%

Schedule II - Valuation and Q_2

Schedule II - Valuation and Qualifying Accounts and Reserves (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 28, 2019	Dec. 29, 2018	Dec. 30, 2017
SEC Schedule, 12-09, Allowance, Credit Loss [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance Beginning Of Period	$ 13,608	$ 13,182	$ 12,600
Additions/ (Recoveries) Charged to Expense	1,941	3,160	2,084
Other Adjustments (1)	2,009	1,121	478
Write-Offs During the Period	(2,672)	(3,855)	(1,979)
Balance At End Of Period	14,886	13,608	13,182
SEC Schedule, 12-09, Valuation Allowance, Deferred Tax Asset [Member]
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance Beginning Of Period	26,023	23,190	29,893
Additions/ (Recoveries) Charged to Expense	129	2,833	(6,703)
Write-Offs During the Period	(18,398)	0	0
Balance At End Of Period	$ 7,754	$ 26,023	$ 23,190