View Filing Data

$ 668,128

^[1]

$ 579,343

^[1]

$ 1,252,928

$ 1,109,640

Selling, General and Administrative Expense

417,369

344,735

790,536

665,582

Gross profit

250,759

234,608

462,392

444,058

135,008

121,632

257,956

236,616

Restructuring Charges

4,441

11,494

6,134

13,219

Gain (Loss) on Disposition of Assets

(12,042)

Net interest expense and deferred financing amortization, net

111,310

^[1]

113,524

^[1]

198,302

206,265

10,404

5,702

19,227

11,507

Net Periodic Benefit Cost, Other Components

(9,116)

(8,612)

(18,821)

(16,950)

Other (income) expense, net

(542)

302

631

2,169

Earnings before income taxes

110,564

116,132

197,265

209,539

26,576

38,563

47,857

61,268

Earnings Per Share, Basic

$ 83,988

$ 77,569

$ 149,408

$ 148,271

Net earnings per share:

$ 1.51

$ 1.35

$ 2.69

$ 2.59

Earnings Per Share, Diluted

$ 1.51

$ 1.35

$ 2.69

$ 2.59

Weighted average number of shares

Basic (in shares)

55,576,000

57,299,000

55,575,000

57,201,000

Dilutive common stock equivalents (in shares)

^[2]

Diluted (in shares)

55,576,000

57,299,000

55,575,000

57,201,000

Comprehensive income

$ 58,824

$ 88,542

$ 143,727

$ 168,052

[1]	Non-operating expenses are not allocated to the operating 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]	{F\|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjVmYzgzNWQ2MDM3ZTQzNTA4NjUwNTI0ZWJkZmYzZDRkfFRleHRTZWxlY3Rpb246NEI1Mzg5NzU0MzNENTQxOUE4MjlCNjBCNDk4MjlDM0MM}

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Cash flows from operating activities--
Net earnings	$ 149,408	$ 148,271
Adjustments to reconcile net earnings to net cash provided by operating activities--
Depreciation and amortization expense	38,622	32,315
Non-cash share-based compensation	1,818	6,505
Deferred taxes	5,573	17,579
Gain (Loss) on Disposition of Assets	0	(12,042)
Gain (Loss) on Sale of Assets and Asset Impairment Charges	0	2,929
Changes in assets and liabilities, net of acquisitions
Accounts receivable, net	(28,233)	17,257
Inventories, net	392	(25,607)
Prepaid expenses and other assets	(3,829)	(17,442)
Accounts payable	13,618	(10,832)
Accrued expenses and other liabilities	(30,734)	(72,897)
Net cash provided by operating activities	146,635	86,036
Cash flows from investing activities--
Additions to property and equipment	(24,208)	(31,708)
Proceeds from Sale of Property, Plant, and Equipment	0	14,278
Payments to Acquire Intangible Assets	(5,399)	0
Payments to Acquire Businesses, Net of Cash Acquired	(1,144,541)	(119,262)
Net cash (used in) investing activities	(1,174,148)	(136,692)
Cash flows from financing activities--
Proceeds from Lines of Credit	1,466,974	264,635
Repayments of Lines of Credit	(431,081)	(194,087)
Net (repayments) proceeds under foreign bank loan	(3,008)	(1,130)
Proceeds from (Repayments of) Notes Payable	(3)	(17)
Repurchase of treasury stock	0	(24,645)
Net cash (used in) provided by financing activities	1,032,882	44,756
Effect of exchange rates on cash and cash equivalents	(2,739)	2,288
Changes in cash and cash equivalents--
Net (decrease) increase in cash and cash equivalents	2,630	(3,612)
Cash and cash equivalents at beginning of year	89,654	68,485
Cash and cash equivalents at end of quarter	92,284	64,873
CVP Systems [Member]
Changes in cash and cash equivalents--
Stock Issued During Period, Value, Acquisitions	$ 0	$ 12,330

Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Summary of Significant Accounting Policies


A)	Basis of Presentation

The condensed consolidated financial statements have been prepared by The Middleby Corporation (the "company" or “Middleby”), pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC"). The financial statements are unaudited and certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted pursuant to such rules and regulations, although the company believes that the disclosures are adequate to make the information not misleading. These financial statements should be read in conjunction with the financial statements and related notes contained in the company's 2017 Form 10-K. The company’s interim results are not necessarily indicative of future full year results for the fiscal year 2018.

In the opinion of management, the financial statements contain all adjustments, which are normal and recurring in nature, necessary to present fairly the financial position of the company as of June 30, 2018 and December 30, 2017, the results of operations for the three and six months ended June 30, 2018 and July 1, 2017 and cash flows for the six months ended June 30, 2018 and July 1, 2017.

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 Selling, general and administrative expenses to Net periodic pension benefit (other than service cost).

Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the company to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses. Significant estimates and assumptions are used for, but are not limited to, allowances for doubtful accounts, reserves for excess and obsolete inventories, long-lived and intangible assets, warranty reserves, insurance reserves, income tax reserves, non-cash share-based compensation and post-retirement obligations. Actual results could differ from the company's estimates.


B)	Non-Cash Share-Based Compensation

The company estimates the fair value of market-based stock awards and stock options at the time of grant and recognizes compensation cost over the vesting period of the awards and options. Non-cash share-based compensation expense was $1.7 million and $3.0 million for the three months period ended June 30, 2018 and July 1, 2017, respectively. Non-cash share-based compensation expense was $1.8 million and $6.5 million for the six months period ended June 30, 2018 and July 1, 2017, respectively.


C)	Income Taxes

A tax provision of $47.9 million, at an effective rate of 24.3%, was recorded during the six months period ended June 30, 2018, as compared to a $61.3 million tax provision at a 29.2% in the prior year period. In comparison to the prior year period, the tax provision reflects a lower federal tax rate of 21.0%, as opposed to 35.0% in 2017, partially offset by additional taxes due under the Tax Cuts and Jobs Act of 2017. The 2017 tax provision was lower than the statutory rate of 35.0% primarily due to a discrete tax benefit recognized as a result of the adoption of ASU No. 2016-09, "Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Accounting". In the fourth quarter of 2017 the company recorded a provisional transition tax charge and a change in deferred tax accounts associated with the Tax Cuts and Jobs Act of 2017. These provisional amounts will be finalized in 2018.


D)	Fair Value Measures

Accounting Standards Codification ("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 liabilities that are measured at fair value and are categorized using the fair value hierarchy are as follows (in thousands):



	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3		Total
As of June 30, 2018
Financial Assets:
Interest rate swaps	$	—	$	20,875	$	—	$	20,875

Financial Liabilities:
Contingent consideration	$	—	$	—	$	4,237	$	4,237

As of December 30, 2017
Financial Assets:
Interest rate swaps	$	—	$	10,266	$	—	$	10,266

Financial Liabilities:
Contingent consideration	$	—	$	—	$	1,780	$	1,780

The contingent consideration as of June 30, 2018 relates to the earnout provision recorded in conjunction with the acquisitions of Scanico A/S ("Scanico") and Josper S.A ("Josper"). The contingent consideration as of December 30, 2017 relates to the earnout provisions recorded in conjunction with the acquisitions of Scanico and Desmon Food Service Equipment Company ("Desmon").

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 acquired businesses in comparison to the earnout targets and adjusts the liability accordingly.

E) Consolidated Statements of Cash Flows

Cash paid for interest was $17.4 million and $11.3 million for the six months ended June 30, 2018 and July 1, 2017, respectively. Cash payments totaling $53.3 million and $75.1 million were made for income taxes for the six months ended June 30, 2018 and July 1, 2017, respectively.

Litigation Matters	6 Months Ended
Litigation Matters	Jun. 30, 2018
Notes To Financial Statements [Abstract]
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 pending litigation will have a material effect on its financial condition, results of operations or cash flows.

Other Comprehensive Income

6 Months Ended

Jun. 30, 2018

Other Comprehensive Income

) Other Comprehensive Income

The company reports changes in equity during a period, except those resulting from investments by owners and distributions to owners, in accordance with ASC 220, "Comprehensive Income".

Changes in accumulated other comprehensive income⁽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	(20,161		)	4,393			10,971			(4,797		)
Amounts reclassified from accumulated other comprehensive income	—			—			248			248
Net current-period other comprehensive income	$	(20,161	)	$	4,880		$	9,600		$	(5,681	)
Balance as of June 30, 2018	$	(89,882	)	$	(198,183	)	$	15,965		$	(272,100	)

(1) As of June 30, 2018 pension and interest rate swap amounts are net of tax of $(42.0) million and $5.4 million, respectively. During the six months ended June 30, 2018, the adjustments to pension benefit costs and unrealized gain/(loss) interest rate swap were net of tax of $1.6 million and $1.1 million, respectively.

(2) As of December 31, 2017, the company adopted ASU 2018-02, "Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income". This guidance allowed for 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.

Components of other comprehensive income were as follows (in thousands):



	Three Months Ended						Six Months Ended
	Jun 30, 2018			Jul 1, 2017			Jun 30, 2018			Jul 1, 2017
Net earnings	$	83,988		$	77,569		$	149,408		$	148,271
Currency translation adjustment	(41,963		)	18,621			(20,161		)	29,456
Pension liability adjustment, net of tax	13,754			(6,647		)	4,880			(9,174		)
Unrealized gain on interest rate swaps, net of tax	3,045			(1,001		)	9,600			(501		)
Comprehensive income	$	58,824		$	88,542		$	143,727		$	168,052

Revenue Recognition (Notes)

6 Months Ended

Jun. 30, 2018

Revenue Recognition [Abstract]

Revenue from Contract with Customer [Text Block]

Revenue Recognition

Accounting Policy

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.

The adoption of ASC 606 represents a change in accounting principle that will also provide readers with enhanced revenue recognition disclosures. 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 in ASC 606. 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 contract’s 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.

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 permitted by ASC 606:


•	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.

Adoption of ASC 606

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 is 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.

The cumulative effect of the changes made to our December 30, 2017 Condensed Consolidated Balance Sheet for the adoption of ASC 606 using the modified retrospective method to contracts that were not completed as of December 30, 2017 were as follows (in thousands):



	Balance at December 30, 2017 (as reported)		Adjustments due to ASC 606			Balance at December 30, 2017 (as adjusted)
Balance Sheet
Assets
Accounts receivable	$	328,421	$	(122	)	$	328,299
Inventories, net	424,639		14,993			439,632
Prepaid expenses and other	55,427		(4,018		)	51,409
Long-term deferred tax assets	44,565		1,319			45,884

Liabilities & Stockholders' Equity
Accrued expenses	322,171		16,557			338,728
Retained earnings	1,697,618		$	(4,405	)	1,693,213

In accordance with the requirements of ASC 606, the adoption of ASC 606 had no impact on cash provided by operating activities within the company's Condensed Consolidated Statement of Cash Flows. The impact of adoption on our Condensed Consolidated Statement of Comprehensive Income and Condensed Consolidated Balance Sheet are as follows (in thousands)



	Three Months Ended June 30, 2018
	As Reported		Balances without ASC 606		Effect of Change
Net sales	$	668,128	$	667,697	$	431
Cost of sales	417,369		417,452		(83		)
Provision for income taxes	26,576		26,482		94
Net earnings	$	83,988	$	83,567	$	421

Basic earnings per share	$	1.51	$	1.50
Diluted earnings per share	$	1.51	$	1.50



	Six Months Ended June 30, 2018
	As Reported		Balances without ASC 606		Effect of Change
Net sales	$	1,252,928	$	1,238,355	$	14,573
Cost of sales	790,536		780,138		10,398
Provision for income taxes	47,857		46,792		1,065
Net earnings	$	149,408	$	146,298	$	3,110

Basic earnings per share	$	2.69	$	2.63
Diluted earnings per share	$	2.69	$	2.63



	Balance as of June 30, 2018
	As Reported		Balances without ASC 606		Effect of Change
Assets
Inventories, net	$	493,667	$	487,910	$	5,757
Prepaid expenses and other	48,890		51,927		(3,037		)

Liabilities
Accrued expenses	361,501		365,744		(4,243		)
Long-term deferred tax liability	102,636		102,246		390

Equity
Retained earnings	$	1,841,489	$	1,840,356	$	1,133

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.



	Commercial Foodservice		Food Processing		Residential Kitchen		Total
Three Months Ended June 30, 2018
United States and Canada	$	289,523	$	59,306	$	103,420	$	452,249
Asia	37,959		11,723		2,060		51,742
Europe and Middle East	75,352		16,803		53,819		145,974
Latin America	11,283		5,817		1,063		18,163
Total	$	414,117	$	93,649	$	160,362	$	668,128

Six Months Ended June 30, 2018
United States and Canada	$	544,636	$	126,241	$	181,980	$	852,857
Asia	66,991		17,435		3,579		88,005
Europe and Middle East	141,963		25,535		108,874		276,372
Latin America	20,431		13,010		2,253		35,694
Total	$	774,021	$	182,221	$	296,686	$	1,252,928

Three Months Ended July 1, 2017
United States and Canada	$	239,159	$	67,931	$	92,355	$	399,445
Asia	33,593		5,976		1,999		41,568
Europe and Middle East	50,802		9,371		56,813		116,986
Latin America	10,199		9,090		2,055		21,344
Total	$	333,753	$	92,368	$	153,222	$	579,343

Six Months Ended July 1, 2017
United States and Canada	$	463,781	$	127,676	$	173,193	$	764,650
Asia	65,843		10,399		4,537		80,779
Europe and Middle East	97,295		16,489		113,160		226,944
Latin America	19,083		15,080		3,104		37,267
Total	$	646,002	$	169,644	$	293,994	$	1,109,640

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 Condensed 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 Condensed 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):



	Jun 30, 2018		At Adoption
Contract assets	$	7,846	$	16,753
Contract liabilities	69,746		47,647

During the six months period ended June 30, 2018, the company reclassified $11.5 million to receivable which was included in the contract asset balance at the beginning of the period. During the six months period ended June 30, 2018, the company recognized revenue of $42.1 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 $60.8 million during the six months period ended June 30, 2018. There were no contract asset impairments during six months period ended June 30, 2018.

Inventories

6 Months Ended

Jun. 30, 2018

Inventories

Inventories are composed of material, labor and overhead and are stated at the lower of cost or market. 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 June 30, 2018 and December 30, 2017 are as follows (in thousands):



	Jun 30, 2018		Dec 30, 2017
Raw materials and parts	$	215,056	$	180,559
Work-in-process	57,092		38,917
Finished goods	221,519		205,163
	$	493,667	$	424,639

Goodwill

6 Months Ended

Jun. 30, 2018

Disclosure Accrued Expenses [Abstract]

Goodwill

Changes in the carrying amount of goodwill for the six months ended June 30, 2018 are 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	558,013			19,964			—			577,977
Measurement period adjustments to goodwill acquired in prior year	(970		)	(468		)	—			(1,438		)
Exchange effect	(8,797		)	(2,630		)	(5,167		)	(16,594		)
Balance as of June 30, 2018	$	1,179,697		$	215,144		$	429,914		$	1,824,755

Accrued Expenses

6 Months Ended

Jun. 30, 2018

Accrued Expenses

Accrued expenses consist of the following (in thousands):



	Jun 30, 2018		Dec 30, 2017
Contract liabilities	$	69,746	$	31,069
Accrued payroll and related expenses	68,064		67,935
Accrued warranty	59,667		52,834
Accrued customer rebates	32,184		48,590
Accrued professional fees	18,004		18,250
Accrued sales and other tax	15,831		20,881
Accrued agent commission	12,221		11,035
Accrued product liability and workers compensation	11,859		11,976
Product recall	5,459		6,068
Restructuring	1,597		1,715
Other accrued expenses	66,869		51,818

	$	361,501	$	322,171

Warranty Costs

6 Months Ended

Jun. 30, 2018

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, actual 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 is as follows (in thousands):



	Six Months Ended
	Jun 30, 2018
Balance as of December 30, 2017	$	52,834
Warranty reserve related to acquisitions	5,485
Warranty expense	31,167
Warranty claims	(29,819		)
Balance as of June 30, 2018	$	59,667

Financing Arrangements

6 Months Ended

Jun. 30, 2018

Financing Arrangements



	Jun 30, 2018		Dec 30, 2017
	(in thousands)
Credit Facility	$	2,058,287	$	1,022,935
Other international credit facilities	8,163		5,768
Other debt arrangement	175		178
Total debt	$	2,066,625	$	1,028,881
Less: Current maturities of long-term debt	6,297		5,149
Long-term debt	$	2,060,328	$	1,023,732

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"), with the potential under certain circumstances to increase the amount of the Credit Facility to $3.0 billion. As of June 30, 2018, the company had $2.1 billion of borrowings outstanding under the Credit Facility, including $2.0 billion of borrowings in U.S. Dollars, $87.6 million of borrowings denominated in Euro and $19.7 million of borrowings denominated in British Pounds. The company also had $9.7 million in outstanding letters of credit as of June 30, 2018, which reduces the borrowing availability under the Credit Facility. Remaining borrowing availability under this facility was $0.4 billion at June 30, 2018.

At June 30, 2018, borrowings under the Credit Facility accrued interest at a rate of 1.25% above LIBOR per annum or 0.25% 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 3.35% for 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 0.20% per annum as of June 30, 2018.

In addition, the company has other international credit facilities to fund working capital needs outside the United States and the United Kingdom. At June 30, 2018, these foreign credit facilities amounted to $8.2 million in U.S. Dollars with a weighted average per annum interest rate of approximately 4.08%.

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 July 2021. 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):



	Jun 30, 2018				Dec 30, 2017
	Carrying Value		Fair Value		Carrying Value		Fair Value
Total debt	$	2,066,625	$	2,066,625	$	1,028,881	$	1,028,881

The company uses floating-to-fixed interest rate swap agreements to hedge variable interest rate risk associated with the Credit Facility. At June 30, 2018, the company had outstanding floating-to-fixed interest rate swaps totaling $499.0 million notional amount carrying an average interest rate of 1.66% that mature in more than 12 months but less than 84 months.

The company believes that its current capital resources, including cash and cash equivalents, cash expected to be generated from operations, funds available from its current lenders and access to the credit and capital markets will be sufficient to finance its operations, debt service obligations, capital expenditures, product development and expenditures for the foreseeable future.

The terms of the Credit 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 Credit Facility) of 3.00 to 1.00 and (ii) a maximum Leverage Ratio of Funded Debt less Unrestricted Cash to Pro Forma EBIDTA (each as defined in the Credit Facility) of 3.50 to 1.00, which may be adjusted to 4.00 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 Credit Facility. The Credit 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 Credit 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 June 30, 2018, the company was in compliance with all covenants pursuant to its borrowing agreements.

Financial Instruments

6 Months Ended

Jun. 30, 2018

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. The ineffective portion of a hedge's change in fair value will be immediately recognized in earnings.

Foreign Exchange: The company uses foreign currency forward, foreign exchange swaps and option purchase and sales contracts to hedge its exposure to changes in foreign currency exchange rates. The company’s primary hedging activities are to mitigate its exposure to changes in exchange rates on intercompany and third party trade receivables and payables. The company does not currently enter into derivative financial instruments for speculative purposes. In managing its foreign currency exposures, the company identifies and aggregates naturally occurring offsetting positions and then hedges residual balance sheet exposures. The fair value of the forward and option contracts was a loss of $1.2 million at the end of the second quarter of 2018.

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. As of June 30, 2018, the fair value of these instruments was an asset of $20.9 million. The change in fair value of these swap agreements in the first six months of 2018 was a gain of $9.4 million, net of taxes.

The following table summarizes the company’s fair value of interest rate swaps (in thousands):



	Condensed Consolidated Balance Sheet Presentation	Jun 30, 2018		Dec 30, 2017
Fair value	Other assets	$	20,875	$	10,266

The impact on earnings from interest rate swaps was as follows (in thousands):



		Three Months Ended						Six Months Ended
	Presentation of Gain/(loss)	Jun 30, 2018			Jul 1, 2017			Jun 30, 2018			Jul 1, 2017
Gain/(loss) recognized in accumulated other comprehensive income	Other comprehensive income	$	4,338		$	(1,955	)	$	10,958		$	(1,643	)
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	Interest expense	$	248		$	(284	)	$	236		$	(806	)
Gain/(loss) recognized in income (ineffective portion)	Other expense	$	(161	)	$	(8	)	$	(113	)	$	(15	)

Interest rate swaps are subject to default risk to the extent the counterparties are unable to satisfy their 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 agreements.

Segment Information

6 Months Ended

Jun. 30, 2018

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, 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, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, coldrooms, ice machines, freezers and coffee and beverage dispensing equipment. These products are sold and marketed under the brand names: Anets, Bear Varimixer, Beech, Blodgett, Blodgett Combi, Blodgett Range, Bloomfield, Britannia, CTX, Carter-Hoffmann, Celfrost, Concordia, CookTek, Desmon, Doyon, Eswood, Firex, Follett, Frifri, Giga, Globe, Goldstein, Holman, Houno, IMC, Induc, Jade, Joe Tap, Josper, L2F, Lang, Lincat, MagiKitch’n, Market Forge, Marsal, Middleby Marshall, MPC, Nieco, Nu-Vu, PerfectFry, Pitco, QualServ, Southbend, Star, Sveba Dahlen, Taylor, Toastmaster, TurboChef, 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 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, RapidPak, Scanico, Spooner Vicars, Stewart Systems and Thurne, 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, Romania and the United Kingdom. Principal product lines of this group are ranges, cookers, stoves, ovens, refrigerators, dishwashers, microwaves, cooktops, refrigerators, wine coolers, ice machines, ventilation equipment and outdoor equipment. These products are sold and marketed under the brand names: AGA, AGA Cookshop, Brigade, Fired Earth, Grange, 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.

Net Sales Summary

(dollars in thousands)



	Three Months Ended								Six Months Ended
	Jun 30, 2018				Jul 1, 2017				Jun 30, 2018				Jul 1, 2017
	Sales		Percent		Sales		Percent		Sales		Percent		Sales		Percent
Business Segments:
Commercial Foodservice	$	414,117	62.0	%	$	333,753	57.6	%	$	774,021	61.8	%	$	646,002	58.2	%
Food Processing	93,649		14.0		92,368		15.9		182,221		14.5		169,644		15.3
Residential Kitchen	160,362		24.0		153,222		26.5		296,686		23.7		293,994		26.5
Total	$	668,128	100.0	%	$	579,343	100.0	%	$	1,252,928	100.0	%	$	1,109,640	100.0	%

The following table summarizes the results of operations for the company's business segments(1) (in thousands):



	Commercial Foodservice		Food Processing		Residential Kitchen		Corporate and Other(2)			Total
Three Months Ended June 30, 2018
Net sales	$	414,117	$	93,649	$	160,362	$	—		$	668,128
Income (loss) from operations (3,4)	100,008		14,648		16,520		(19,866		)	111,310
Depreciation and amortization expense	7,349		3,129		7,652		468			18,598
Net capital expenditures	2,929		460		2,744		1,418			7,551

Six Months Ended June 30, 2018
Net sales	$	774,021	$	182,221	$	296,686	$	—		$	1,252,928
Income (loss) from operations (3,4)	182,554		25,326		23,109		(32,687		)	198,302
Depreciation and amortization expense	15,349		7,176		15,161		936			38,622
Net capital expenditures	8,706		6,956		7,642		904			24,208

Total assets	$	2,889,677	$	497,439	$	1,133,356	$	81,731		$	4,602,203

Three Months Ended July 1, 2017
Net sales	$	333,753	$	92,368	$	153,222	$	—		$	579,343
Income (loss) from operations (3,4,5)	95,007		24,199		13,394		(19,076		)	113,524
Depreciation and amortization expense	8,496		1,657		7,627		478			18,258
Net capital expenditures	20,764		1,308		1,661		(301		)	23,432

Six Months Ended July 1, 2017
Net sales	$	646,002	$	169,644	$	293,994	$	—		$	1,109,640
Income (loss) from operations (3,4,5)	175,548		42,188		23,968		(35,439		)	206,265
Depreciation and amortization expense	13,478		3,044		14,834		959			32,315
Net capital expenditures	26,749		1,946		2,943		70			31,708

Total assets	$	1,495,316	$	393,674	$	1,205,676	$	45,869		$	3,140,535

(1)Non-operating expenses are not allocated to the operating 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 allocated in operating income by segment. See note 16 for further details.

(4)Includes reclassifications due to adoption of ASU No. 2017-07. See note 15 for further details.

(5)Gain on sale of plant allocated to Commercial Foodservice.

Geographic Information

Long-lived assets, not including goodwill and other intangibles (in thousands):



	Jun 30, 2018		Jul 1, 2017
United States and Canada	$	262,382	$	202,789
Asia	12,575		15,370
Europe and Middle East	128,584		127,053
Latin America	679		1,034
Total international	$	141,838	$	143,457
	$	404,220	$	346,246

Employee Retirement Plans

6 Months Ended

Jun. 30, 2018

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 Chairman ("Chairman Plan"). The retirement benefits are based upon a percentage of the Chairman’s final base salary.

Non-U.S. Plans:

The company maintains a defined benefit plan for its employees at the Wrexham, the United Kingdom facility, which was acquired as part of the Lincat acquisition. Benefits are determined based upon retirement age and years of service with the company. This defined benefit plan was frozen on April 30, 2010 prior to Middleby’s acquisition of the company. 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, Ireland 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.

The following table summarizes the company's net periodic pension benefit related to the AGA Group pension plans (in thousands):



	Three Months Ended						Six Months Ended
	June 30, 2018			July 1, 2017			June 30, 2018			July 1, 2017
Net Periodic Pension Benefit:
Service cost	$	957		$	996		$	1,934		$	1,960
Interest cost	8,113			8,017			16,391			15,781
Expected return on assets	(18,895		)	(17,323		)	(38,173		)	(34,097		)
Amortization of net (gain) loss	1,012			743			2,044			1,463
Curtailment loss (gain)	677			—			964			—
Pension settlement gain	(23		)	(49		)	(47		)	(97		)
	$	(8,159	)	$	(7,616	)	$	(16,887	)	$	(14,990	)

The pension costs for all other plans of the company were not material during the period.

On December 31, 2017, the company adopted ASU No. 2017-07, "Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost". The service cost component is recognized within Selling, general and administrative expenses and the non-operating components of pension benefit are included within Net periodic pension benefit (other than service cost) in the Condensed Consolidated Statements of Comprehensive Income. The adoption of this standard resulted in a reclassification for the three months period ended July 1, 2017 and six months period ended July 1, 2017, in which previously reported selling, general and administrative expenses was increased by $8.6 million and $17.0 million, respectively. Net income did not change as a result of the adoption of this standard.


(b)	Defined Contribution Plans

The company maintains two separate defined contribution 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 maintains defined contribution plans for its United Kingdom based employees.

Restructuring

6 Months Ended

Jun. 30, 2018

Subsequent Events [Abstract]

Acquisition Integration Initiatives


16)	Restructuring

Commercial Foodservice Equipment Group:

During the fiscal years 2018 and 2017, the company undertook cost reduction initiatives related to the Commercial Foodservice Equipment Group. These actions, which are not material to the company's operations, resulted in a charge of $1.0 million and $2.0 million in the three and six months ended June 30, 2018 primarily for severance related to headcount reductions and consolidation of manufacturing operations. These expenses are reflected in restructuring expenses in the Condensed Consolidated Statements of Comprehensive Income. The company estimates that these restructuring initiatives will result in future cost savings of approximately $10.0 million annually. The realization of the savings began in 2017 and will continue into fiscal year 2018 and the restructuring costs in the future are not expected to be significant related to these actions.

Food Processing Equipment Group:

During the fiscal years 2018 and 2017, the company undertook cost reduction initiatives related to the entire Food Processing Equipment Group. These actions, which are not material to the company's operations, resulted in a charge of $0.4 million in the three and six months ended June 30, 2018 primarily for severance related to headcount reductions and is reflected in restructuring expenses in the consolidated statements of comprehensive income. The company estimates that these restructuring initiatives will result in future cost savings of approximately $4.0 million annually. The realization of the savings began in 2018 and will continue through the year and the restructuring costs in the future are not expected to be significant related to these actions.

Residential Kitchen Equipment Group:

During fiscal years 2018, 2017, 2016 and 2015, the company undertook acquisition integration initiatives related to the AGA Group within the Residential Kitchen Equipment Group. These initiatives included organizational restructuring, headcount reductions and consolidation and disposition of certain facilities and business operations, including the impairment of equipment. The company recorded additional expense of $3.0 million and $3.7 million in the three and six months ended June 30, 2018, related to the AGA Group. The expense primarily related to additional headcount reductions in conjunction with disposition of certain facilities and business operations. This expense is reflected in restructuring expenses in the Condensed Consolidated Statements of Comprehensive Income. The cumulative expenses incurred to date for these initiatives is approximately $44.3 million. The company estimated that the main restructuring initiatives in 2017 would result in future cost savings of approximately $20.0 million annually. The realization of the savings began in 2017 and will continue into fiscal year 2018, primarily related to the compensation and facility costs. The company anticipates that all severance obligations for the Residential Kitchen Equipment Group will be paid by the end of fiscal year 2018. The lease obligations extend through December 2019.

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 30, 2017	$	3,698		$	1,467		$	157		$	5,322
Expenses (income)	3,721			(47		)	35			3,709
Exchange	(30		)	(11		)	27			(14		)
Payments/Utilization	(4,256		)	(337		)	(32		)	(4,625		)
Balance as of June 30, 2018	$	3,133		$	1,072		$	187		$	4,392

Summary of Significant Accounting Policies (Policies)

6 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Basis of Presentation


A)	Basis of Presentation

Use of Estimates

Non-Cash Share-Based Compensation


B)	Non-Cash Share-Based Compensation

Income Tax Contingencies


C)	Income Taxes

Fair Value Measures


D)	Fair Value Measures

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 liabilities that are measured at fair value and are categorized using the fair value hierarchy are as follows (in thousands):



	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3		Total
As of June 30, 2018
Financial Assets:
Interest rate swaps	$	—	$	20,875	$	—	$	20,875

Financial Liabilities:
Contingent consideration	$	—	$	—	$	4,237	$	4,237

As of December 30, 2017
Financial Assets:
Interest rate swaps	$	—	$	10,266	$	—	$	10,266

Financial Liabilities:
Contingent consideration	$	—	$	—	$	1,780	$	1,780

Revenue Recognition, Policy [Policy Text Block]

Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.

+ References + Details

Revenue Recognition Revenue Recognition (Policies)

6 Months Ended

Jun. 30, 2018

Revenue Recognition [Abstract]

Accounting Policy

Contract Estimates

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 permitted by ASC 606:


•	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.

Adoption of ASC 606

As a result of the adoption of ASC 606, the company has changed its accounting policy for revenue recognition as detailed below.

Equipment

Installation Services

Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2018

Accounting Policies [Abstract]

Summary of Income Tax Examinations

24.3%, was recorded during the six months period ended June 30, 2018, as compared to a $61.3 million tax provision at a 29.2% in the prior year period. In comparison to the prior year period, the tax provision reflects a lower federal tax rate of 21.0%, as opposed to 35.0% in 2017, partially offset by additional taxes due under the Tax Cuts and Jobs Act of 2017. The 2017 tax provision was lower than the statutory rate of 35.0% primarily due to a discrete tax benefit recognized as a result of the adoption of

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The company’s financial liabilities that are measured at fair value and are categorized using the fair value hierarchy are as follows (in thousands):



	Fair Value Level 1		Fair Value Level 2		Fair Value Level 3		Total
As of June 30, 2018
Financial Assets:
Interest rate swaps	$	—	$	20,875	$	—	$	20,875

Financial Liabilities:
Contingent consideration	$	—	$	—	$	4,237	$	4,237

As of December 30, 2017
Financial Assets:
Interest rate swaps	$	—	$	10,266	$	—	$	10,266

Financial Liabilities:
Contingent consideration	$	—	$	—	$	1,780	$	1,780

Acquisitions and Purchase Accounting (Tables)

6 Months Ended

Jun. 30, 2018

Business Acquisition, Pro Forma Information [Table Text Block]

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):



	Six Months Ended
	June 30, 2018		July 1, 2017
Net sales	$	1,415,669	$	1,432,093
Net earnings	142,566		129,622

Net earnings per share:
Basic	$	2.57	$	2.27
Diluted	2.57		2.27

CVP Systems [Member]

The final allocation of consideration paid for the CVP Systems acquisition is summarized as follows (in thousands):



	(as initially reported) June 30, 2017			Measurement Period Adjustments			(as adjusted) June 30, 2017
Cash	$	621		$	—		$	621
Current assets	5,973			(1,435		)	4,538
Property, plant and equipment	238			(91		)	147
Goodwill	20,297			(695		)	19,602
Other intangibles	8,700			4,350			13,050
Current liabilities	(1,532		)	(581		)	(2,113		)
Long term deferred tax liability	(3,168		)	(443		)	(3,611		)
Other non-current liabilities	—			(1,833		)	(1,833		)

Net assets acquired and liabilities assumed	$	31,129		$	(728	)	$	30,401

Sveba Dahlen [Member]



	(as initially reported) June 30, 2017			Measurement Period Adjustments			(as adjusted) June 30, 2017
Cash	$	4,569		$	—		$	4,569
Current assets	22,686			(997		)	21,689
Property, plant and equipment	9,128			(431		)	8,697
Goodwill	33,785			4,330			38,115
Other intangibles	34,175			225			34,400
Other assets	1,170			(280		)	890
Current portion of long-term debt	—			(14		)	(14		)
Current liabilities	(11,782		)	(342		)	(12,124		)
Long-term debt	—			(140		)	(140		)
Long term deferred tax liability	(7,751		)	(626		)	(8,377		)
Other non-current liabilities	(42		)	(1,725		)	(1,767		)

Net assets acquired and liabilities assumed	$	85,938		$	—		$	85,938

QualServ [Member]

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 reported) August 31, 2017			Preliminary Measurement Period Adjustments			(as adjusted) August 31, 2017
Cash	$	1,130		$	—		$	1,130
Current assets	18,031			(64		)	17,967
Property, plant and equipment	4,785			—			4,785
Goodwill	14,590			(59		)	14,531
Other intangibles	9,600			—			9,600
Current liabilities	(6,810		)	(130		)	(6,940		)

Net assets acquired and liabilities assumed	$	41,326		$	(253	)	$	41,073

Globe [Member]



	(as initially reported) October 17, 2017			Preliminary Measurement Period Adjustments			(as adjusted) October 17, 2017
Cash	$	3,420		$	—		$	3,420
Current assets	17,197			—			17,197
Property, plant and equipment	1,120			—			1,120
Goodwill	67,176			(8,083		)	59,093
Other intangibles	43,444			14,086			57,530
Current liabilities	(5,994		)	(398		)	(6,392		)
Long term deferred tax liability	(16,456		)	(4,971		)	(21,427		)
Other non-current liabilities	(1,907		)	(193		)	(2,100		)

Net assets acquired and liabilities assumed	$	108,000		$	441		$	108,441

The long term deferred tax liability amounted to $21.4 million. The net liability is comprised of $21.6 million of deferred tax liability related to the difference between the book and tax basis of identifiable intangible assets and $0.2 million of deferred tax asset related to the difference between the book and tax basis on identifiable tangible asset and liability accounts.

Scanico [Member]



	(as initially reported) December 7, 2017			Preliminary Measurement Period Adjustments			(as adjusted) December 7, 2017
Cash	$	6,766		$	—		$	6,766
Current assets	3,428			(111		)	3,317
Property, plant and equipment	447			(27		)	420
Goodwill	30,072			470			30,542
Other intangibles	11,491			—			11,491
Current liabilities	(7,987		)	(28		)	(8,015		)
Long term deferred tax liability	(3,305		)	30			(3,275		)

Consideration paid at closing	$	40,912		$	334		$	41,246

Contingent consideration	751			—			751

Net assets acquired and liabilities assumed	$	41,663		$	334		$	41,997

Hinds-Bock [Member]



	(as initially reported) February 16, 2018			Preliminary Measurement Period Adjustments		(as adjusted) February 16, 2018
Cash	$	5		$	—	$	5
Current assets	5,301			—		5,301
Property, plant and equipment	3,557			—		3,557
Goodwill	12,686			—		12,686
Other intangibles	8,081			—		8,081
Current liabilities	(3,800		)	—		(3,800		)

Net assets acquired and liabilities assumed	$	25,830		$	—	$	25,830

VeMaC [Member]



	(as initially reported) April 3, 2018
Cash	$	1,833
Current assets	10,722
Property, plant and equipment	389
Goodwill	7,278
Other intangibles	2,584
Other assets	12
Current portion of long-term debt	(1,901		)
Current liabilities	(8,076		)
Long term deferred tax liability	(340		)
Other non-current liabilities	(212		)

Net assets acquired and liabilities assumed	$	12,289

Firex [Member]



	(as initially reported) April 27, 2018
Cash	$	10,652
Current assets	7,656
Property, plant and equipment	2,447
Goodwill	36,706
Other intangibles	19,806
Current portion of long-term debt	(1,210		)
Current liabilities	(4,099		)
Long term deferred tax liability	(4,995		)
Long-term debt	(1,069		)
Other non-current liabilities	(1,318		)

Net assets acquired and liabilities assumed	$	64,576

Josper [Member]



	(as initially reported) May 10, 2018
Cash	$	3,308
Current assets	6,579
Property, plant and equipment	4,739
Goodwill	27,140
Other intangibles	13,136
Other assets	2
Current portion of long-term debt	(217		)
Current liabilities	(5,146		)
Long-term debt	(1,608		)
Long term deferred tax liability	(2,934		)
Other non-current liabilities	(2,169		)

Consideration paid at closing	$	42,830

Contingent consideration	$	3,454

Net assets acquired and liabilities assumed	$	46,284

Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]

Changes in accumulated other comprehensive income⁽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	(20,161		)	4,393			10,971			(4,797		)
Amounts reclassified from accumulated other comprehensive income	—			—			248			248
Net current-period other comprehensive income	$	(20,161	)	$	4,880		$	9,600		$	(5,681	)
Balance as of June 30, 2018	$	(89,882	)	$	(198,183	)	$	15,965		$	(272,100	)

Schedule of Comprehensive Income (Loss)

Components of other comprehensive income were as follows (in thousands):



	Three Months Ended						Six Months Ended
	Jun 30, 2018			Jul 1, 2017			Jun 30, 2018			Jul 1, 2017
Net earnings	$	83,988		$	77,569		$	149,408		$	148,271
Currency translation adjustment	(41,963		)	18,621			(20,161		)	29,456
Pension liability adjustment, net of tax	13,754			(6,647		)	4,880			(9,174		)
Unrealized gain on interest rate swaps, net of tax	3,045			(1,001		)	9,600			(501		)
Comprehensive income	$	58,824		$	88,542		$	143,727		$	168,052

Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2018

Revenue Recognition [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]



	Balance at December 30, 2017 (as reported)		Adjustments due to ASC 606			Balance at December 30, 2017 (as adjusted)
Balance Sheet
Assets
Accounts receivable	$	328,421	$	(122	)	$	328,299
Inventories, net	424,639		14,993			439,632
Prepaid expenses and other	55,427		(4,018		)	51,409
Long-term deferred tax assets	44,565		1,319			45,884

Liabilities & Stockholders' Equity
Accrued expenses	322,171		16,557			338,728
Retained earnings	1,697,618		$	(4,405	)	1,693,213

Effect of Adopting ASC 606 [Table Text Block]



	Three Months Ended June 30, 2018
	As Reported		Balances without ASC 606		Effect of Change
Net sales	$	668,128	$	667,697	$	431
Cost of sales	417,369		417,452		(83		)
Provision for income taxes	26,576		26,482		94
Net earnings	$	83,988	$	83,567	$	421

Basic earnings per share	$	1.51	$	1.50
Diluted earnings per share	$	1.51	$	1.50



	Six Months Ended June 30, 2018
	As Reported		Balances without ASC 606		Effect of Change
Net sales	$	1,252,928	$	1,238,355	$	14,573
Cost of sales	790,536		780,138		10,398
Provision for income taxes	47,857		46,792		1,065
Net earnings	$	149,408	$	146,298	$	3,110

Basic earnings per share	$	2.69	$	2.63
Diluted earnings per share	$	2.69	$	2.63



	Balance as of June 30, 2018
	As Reported		Balances without ASC 606		Effect of Change
Assets
Inventories, net	$	493,667	$	487,910	$	5,757
Prepaid expenses and other	48,890		51,927		(3,037		)

Liabilities
Accrued expenses	361,501		365,744		(4,243		)
Long-term deferred tax liability	102,636		102,246		390

Equity
Retained earnings	$	1,841,489	$	1,840,356	$	1,133

Disaggregation of Revenue [Table Text Block]

Disaggregation of Revenue



	Commercial Foodservice		Food Processing		Residential Kitchen		Total
Three Months Ended June 30, 2018
United States and Canada	$	289,523	$	59,306	$	103,420	$	452,249
Asia	37,959		11,723		2,060		51,742
Europe and Middle East	75,352		16,803		53,819		145,974
Latin America	11,283		5,817		1,063		18,163
Total	$	414,117	$	93,649	$	160,362	$	668,128

Six Months Ended June 30, 2018
United States and Canada	$	544,636	$	126,241	$	181,980	$	852,857
Asia	66,991		17,435		3,579		88,005
Europe and Middle East	141,963		25,535		108,874		276,372
Latin America	20,431		13,010		2,253		35,694
Total	$	774,021	$	182,221	$	296,686	$	1,252,928

Three Months Ended July 1, 2017
United States and Canada	$	239,159	$	67,931	$	92,355	$	399,445
Asia	33,593		5,976		1,999		41,568
Europe and Middle East	50,802		9,371		56,813		116,986
Latin America	10,199		9,090		2,055		21,344
Total	$	333,753	$	92,368	$	153,222	$	579,343

Six Months Ended July 1, 2017
United States and Canada	$	463,781	$	127,676	$	173,193	$	764,650
Asia	65,843		10,399		4,537		80,779
Europe and Middle East	97,295		16,489		113,160		226,944
Latin America	19,083		15,080		3,104		37,267
Total	$	646,002	$	169,644	$	293,994	$	1,109,640

Contract with Customer, Asset and Liability [Table Text Block]

The following table provides information about contract assets and contract liabilities from contracts with customers (in thousands):



	Jun 30, 2018		At Adoption
Contract assets	$	7,846	$	16,753
Contract liabilities	69,746		47,647

Inventories (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Inventory, Current

Inventories at June 30, 2018 and December 30, 2017 are as follows (in thousands):



	Jun 30, 2018		Dec 30, 2017
Raw materials and parts	$	215,056	$	180,559
Work-in-process	57,092		38,917
Finished goods	221,519		205,163
	$	493,667	$	424,639

Goodwill (Tables)

6 Months Ended

Jun. 30, 2018

Disclosure Accrued Expenses [Abstract]

Schedule of Goodwill

Changes in the carrying amount of goodwill for the six months ended June 30, 2018 are 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	558,013			19,964			—			577,977
Measurement period adjustments to goodwill acquired in prior year	(970		)	(468		)	—			(1,438		)
Exchange effect	(8,797		)	(2,630		)	(5,167		)	(16,594		)
Balance as of June 30, 2018	$	1,179,697		$	215,144		$	429,914		$	1,824,755

Accrued Expenses (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Accrued Liabilities

Accrued expenses consist of the following (in thousands):



	Jun 30, 2018		Dec 30, 2017
Contract liabilities	$	69,746	$	31,069
Accrued payroll and related expenses	68,064		67,935
Accrued warranty	59,667		52,834
Accrued customer rebates	32,184		48,590
Accrued professional fees	18,004		18,250
Accrued sales and other tax	15,831		20,881
Accrued agent commission	12,221		11,035
Accrued product liability and workers compensation	11,859		11,976
Product recall	5,459		6,068
Restructuring	1,597		1,715
Other accrued expenses	66,869		51,818

	$	361,501	$	322,171

Warranty Costs (Tables)

6 Months Ended

Jun. 30, 2018

Product Warranty Table Disclosure

A rollforward of the warranty reserve is as follows (in thousands):



	Six Months Ended
	Jun 30, 2018
Balance as of December 30, 2017	$	52,834
Warranty reserve related to acquisitions	5,485
Warranty expense	31,167
Warranty claims	(29,819		)
Balance as of June 30, 2018	$	59,667

Financing Arrangements (Tables)

6 Months Ended

Jun. 30, 2018

Schedule of Long-term Debt Instruments



	Jun 30, 2018		Dec 30, 2017
	(in thousands)
Credit Facility	$	2,058,287	$	1,022,935
Other international credit facilities	8,163		5,768
Other debt arrangement	175		178
Total debt	$	2,066,625	$	1,028,881
Less: Current maturities of long-term debt	6,297		5,149
Long-term debt	$	2,060,328	$	1,023,732

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):



	Jun 30, 2018				Dec 30, 2017
	Carrying Value		Fair Value		Carrying Value		Fair Value
Total debt	$	2,066,625	$	2,066,625	$	1,028,881	$	1,028,881

Schedule of Interest Rate Derivatives

, the company had outstanding floating-to-fixed interest rate swaps totaling $499.0 million notional amount carrying an average interest rate of 1.66% that mature in more than 12 months but less than 84 months.

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details

Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2018

Foreign Exchange Transaction

The fair value of the forward and option contracts was a loss of $1.2 million at the end of the second quarter of 2018.

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table summarizes the company’s fair value of interest rate swaps (in thousands):



	Condensed Consolidated Balance Sheet Presentation	Jun 30, 2018		Dec 30, 2017
Fair value	Other assets	$	20,875	$	10,266

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The impact on earnings from interest rate swaps was as follows (in thousands):



		Three Months Ended						Six Months Ended
	Presentation of Gain/(loss)	Jun 30, 2018			Jul 1, 2017			Jun 30, 2018			Jul 1, 2017
Gain/(loss) recognized in accumulated other comprehensive income	Other comprehensive income	$	4,338		$	(1,955	)	$	10,958		$	(1,643	)
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	Interest expense	$	248		$	(284	)	$	236		$	(806	)
Gain/(loss) recognized in income (ineffective portion)	Other expense	$	(161	)	$	(8	)	$	(113	)	$	(15	)

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

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+ Details

Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Net Sales Summary By Segment

Net Sales Summary

(dollars in thousands)



	Three Months Ended								Six Months Ended
	Jun 30, 2018				Jul 1, 2017				Jun 30, 2018				Jul 1, 2017
	Sales		Percent		Sales		Percent		Sales		Percent		Sales		Percent
Business Segments:
Commercial Foodservice	$	414,117	62.0	%	$	333,753	57.6	%	$	774,021	61.8	%	$	646,002	58.2	%
Food Processing	93,649		14.0		92,368		15.9		182,221		14.5		169,644		15.3
Residential Kitchen	160,362		24.0		153,222		26.5		296,686		23.7		293,994		26.5
Total	$	668,128	100.0	%	$	579,343	100.0	%	$	1,252,928	100.0	%	$	1,109,640	100.0	%

Schedule of Segment Reporting Information, by Segment

The following table summarizes the results of operations for the company's business segments(1) (in thousands):



	Commercial Foodservice		Food Processing		Residential Kitchen		Corporate and Other(2)			Total
Three Months Ended June 30, 2018
Net sales	$	414,117	$	93,649	$	160,362	$	—		$	668,128
Income (loss) from operations (3,4)	100,008		14,648		16,520		(19,866		)	111,310
Depreciation and amortization expense	7,349		3,129		7,652		468			18,598
Net capital expenditures	2,929		460		2,744		1,418			7,551

Six Months Ended June 30, 2018
Net sales	$	774,021	$	182,221	$	296,686	$	—		$	1,252,928
Income (loss) from operations (3,4)	182,554		25,326		23,109		(32,687		)	198,302
Depreciation and amortization expense	15,349		7,176		15,161		936			38,622
Net capital expenditures	8,706		6,956		7,642		904			24,208

Total assets	$	2,889,677	$	497,439	$	1,133,356	$	81,731		$	4,602,203

Three Months Ended July 1, 2017
Net sales	$	333,753	$	92,368	$	153,222	$	—		$	579,343
Income (loss) from operations (3,4,5)	95,007		24,199		13,394		(19,076		)	113,524
Depreciation and amortization expense	8,496		1,657		7,627		478			18,258
Net capital expenditures	20,764		1,308		1,661		(301		)	23,432

Six Months Ended July 1, 2017
Net sales	$	646,002	$	169,644	$	293,994	$	—		$	1,109,640
Income (loss) from operations (3,4,5)	175,548		42,188		23,968		(35,439		)	206,265
Depreciation and amortization expense	13,478		3,044		14,834		959			32,315
Net capital expenditures	26,749		1,946		2,943		70			31,708

Total assets	$	1,495,316	$	393,674	$	1,205,676	$	45,869		$	3,140,535

(2)Includes corporate and other general company assets and operations.

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):



	Jun 30, 2018		Jul 1, 2017
United States and Canada	$	262,382	$	202,789
Asia	12,575		15,370
Europe and Middle East	128,584		127,053
Latin America	679		1,034
Total international	$	141,838	$	143,457
	$	404,220	$	346,246

Restructuring Acquisition Integration Initiatives (Tables)

6 Months Ended

Jun. 30, 2018

Restructuring Cost and Reserve [Line Items]

Restructuring and Related Activities Disclosure [Text Block]



	Severance/Benefits			Facilities/Operations			Other			Total
Balance as of December 30, 2017	$	3,698		$	1,467		$	157		$	5,322
Expenses (income)	3,721			(47		)	35			3,709
Exchange	(30		)	(11		)	27			(14		)
Payments/Utilization	(4,256		)	(337		)	(32		)	(4,625		)
Balance as of June 30, 2018	$	3,133		$	1,072		$	187		$	4,392

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Income Taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jul. 01, 2017	Jun. 30, 2018	Jul. 01, 2017
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent			24.30%	29.20%
Provision for income taxes	$ 26,576	$ 38,563	$ 47,857	$ 61,268
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%	35.00%

Summary of Significant Accounting Policies Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jul. 01, 2017	Jun. 30, 2018	Jul. 01, 2017
Significant Accounting Policies [Line Items]
Non-cash share-based compensation expense	$ 1,700	$ 3,000	$ 1,818	$ 6,505
Interest paid			17,400	11,300
Income tax payments			$ 53,300	$ 75,100
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent			21.00%	35.00%

Financial Assets and Liabilities that are Measured At Fair Value and are Categorized Using Fair Value Hierarchy (Detail) - Fair Value, Measurements, Recurring - USD ($)	Jun. 30, 2018	Dec. 30, 2017
Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	$ 20,875,000	$ 10,266,000
Financial Liabilities	0	0
Contingent Consideration
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Financial Liabilities	4,237,000	1,780,000
Fair Value, Inputs, Level 1 [Member] \| Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	0	0
Financial Liabilities	0	0
Fair Value, Inputs, Level 1 [Member] \| Contingent Consideration
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Financial Liabilities	0	0
Fair Value, Inputs, Level 2 [Member] \| Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring	20,875,000	10,266,000
Financial Liabilities	0	0
Fair Value, Inputs, Level 2 [Member] \| Contingent Consideration
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Financial Liabilities	0	0
Fair Value, Inputs, Level 3 [Member] \| Interest Rate Swap [Member]
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Assets, Fair Value Disclosure, Recurring		0
Financial Liabilities	0	0
Fair Value, Inputs, Level 3 [Member] \| Contingent Consideration
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Financial Liabilities	$ 4,237,000	$ 1,780,000

Acquisitions and Purchase Accounting Additional Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 1,144,541	$ 119,262

Acquisitions and Purchase Accounting Estimated Fair Values of Assets Acquired and Liabilities Assumed for Burford Acquisition (Details) - USD ($) $ in Thousands		6 Months Ended
	May 01, 2017	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Goodwill		$ 1,824,755		$ 1,264,810
Payments to Acquire Businesses, Net of Cash Acquired		1,144,541	$ 119,262
Burford [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 2,514
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	6,528
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	643
Goodwill	8,286
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	1,616
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	2,836
Payments to Acquire Businesses, Net of Cash Acquired	14,800
Business Combination, Provisional Information Adjustment, Working Capital	300
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	2,700
Business Combinations, Deferred Tax Assets, Operating Loss Carryforwards	400
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets	700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	6,740
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	2,919
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	17,340
Food Processing Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 215,144		$ 198,278
Food Processing Group [Member] \| Trade Names [Member] \| Burford [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	2,700
Customer Relationships [Member] \| Burford [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 3,100
Customer Relationships [Member] \| Food Processing Group [Member] \| Burford [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	6 years
Developed Technology Rights [Member] \| Burford [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 700
Developed Technology Rights [Member] \| Food Processing Group [Member] \| Burford [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years
Backlog [Member] \| Burford [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 300
Backlog [Member] \| Food Processing Group [Member] \| Burford [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months
Scenario, Previously Reported [Member] \| Burford [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 2,514
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	6,424
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	656
Goodwill	7,289
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	1,840
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	4,900
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	2,254
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	17,689
Scenario, Adjustment [Member] \| Burford [Member]
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	104
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	(13)
Goodwill	997
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(224)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	2,836
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	1,840
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	665
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	$ (349)

Acquisitions and Purchase Accounting Estimated Fair Values of Assets Acquired and Liabilities Assumed for CVP Acquisition (Details) - USD ($) $ in Thousands		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 1,144,541	$ 119,262
Goodwill		1,824,755		$ 1,264,810
Stock Issued During Period, Shares, Acquisitions	106,254
Stock Issued During Period, Value, Acquisitions	$ 12,300
CVP Systems [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	621
Payments to Acquire Businesses, Net of Cash Acquired	29,800
Payments to Acquire Businesses, Gross	17,900
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	4,538
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	147
Goodwill	19,602
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	13,050
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(2,113)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(3,611)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	30,401
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	5,000
Business Combinations, Deferred Tax Assets, Operating Loss Carryforwards	600
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets	800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(1,833)
Stock Issued During Period, Value, Acquisitions		0	$ 12,330
Business Combination, Provisional Information Adjustment, Working Capital	500
Scenario, Previously Reported [Member] \| CVP Systems [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	621
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	5,973
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	238
Goodwill	20,297
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	8,700
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(1,532)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(3,168)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	31,129
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	0
Scenario, Adjustment [Member] \| CVP Systems [Member]
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	(1,435)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	(91)
Goodwill	(695)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	4,350
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(581)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(443)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	(728)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(1,833)
Food Processing Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 215,144		$ 198,278
Food Processing Group [Member] \| Trade Names [Member] \| CVP Systems [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	6,200
Customer Relationships [Member] \| CVP Systems [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 5,700
Customer Relationships [Member] \| Food Processing Group [Member] \| CVP Systems [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Developed Technology Rights [Member] \| CVP Systems [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 800
Developed Technology Rights [Member] \| Food Processing Group [Member] \| CVP Systems [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years
Backlog [Member] \| CVP Systems [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 300
Backlog [Member] \| Food Processing Group [Member] \| CVP Systems [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months

Acquisitions and Purchase Accounting Estimated Fair Values of Assets Acquired and Liabilities Assumed for Sveba Dahlen Acquisition - USD ($) $ in Thousands		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue		$ 1,415,669	$ 1,432,093
Payments to Acquire Businesses, Net of Cash Acquired		1,144,541	$ 119,262
Goodwill		1,824,755		$ 1,264,810
Sveba Dahlen [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	$ 8,377
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	4,569
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	21,689
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	8,697
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	7,500
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	900
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	34,400
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	12,124
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	(140)
Payments to Acquire Businesses, Net of Cash Acquired	81,400
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	1,767
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	890
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	(14)
Goodwill	38,115
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	85,938
Scenario, Previously Reported [Member] \| Sveba Dahlen [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	7,751
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	4,569
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	22,686
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	9,128
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	34,175
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	11,782
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	42
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	1,170
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	0
Goodwill	33,785
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	85,938
Scenario, Adjustment [Member] \| Sveba Dahlen [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	626
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	(997)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	(431)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	225
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	342
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	(140)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	1,725
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	(280)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	(14)
Goodwill	4,330
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	0
Commercial Foodservice Equipment Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 1,179,697		$ 631,451
Commercial Foodservice Equipment Group [Member] \| Trade Names [Member] \| Sveba Dahlen [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	21,100
Backlog [Member] \| Sveba Dahlen [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 500
Backlog [Member] \| Commercial Foodservice Equipment Group [Member] \| Sveba Dahlen [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months
Customer Relationships [Member] \| Sveba Dahlen [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 12,800
Customer Relationships [Member] \| Commercial Foodservice Equipment Group [Member] \| Sveba Dahlen [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	6 years

Acquisitions and Purchase Accounting Estimated Fair Values of Assets Acquired and Liabilities Assumed QualServ (Details) - USD ($) $ in Thousands		6 Months Ended
	Aug. 31, 2017	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Goodwill		$ 1,824,755		$ 1,264,810
Payments to Acquire Businesses, Net of Cash Acquired		1,144,541	$ 119,262
QualServ [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 1,130
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	17,967
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	4,785
Goodwill	14,531
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	9,600
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(6,940)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	41,073
Payments to Acquire Businesses, Net of Cash Acquired	39,900
Business Combination, Provisional Information Adjustment, Working Capital	300
Scenario, Previously Reported [Member] \| QualServ [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	1,130
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	18,031
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	4,785
Goodwill	14,590
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	9,600
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(6,810)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	41,326
Scenario, Adjustment [Member] \| QualServ [Member]
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	(64)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	0
Goodwill	(59)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(130)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	(253)
Commercial Foodservice Equipment Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 1,179,697		$ 631,451
Trade Names [Member] \| Commercial Foodservice Equipment Group [Member] \| QualServ [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	6,200
Customer Relationships [Member] \| QualServ [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 3,300
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	6 years
Backlog [Member] \| QualServ [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 100
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months

Acquisitions and Purchase Accounting Estimated Fair Values of Assets Acquired and Liabilities Assumed - Globe (Details) - USD ($) $ in Thousands		6 Months Ended
	Oct. 17, 2017	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Goodwill		$ 1,824,755		$ 1,264,810
Payments to Acquire Businesses, Net of Cash Acquired		1,144,541	$ 119,262
Globe [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 3,420
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	17,197
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,120
Goodwill	59,093
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	57,530
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	6,392
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	21,427
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(2,100)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	108,441
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	21,600
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets	200
Payments to Acquire Businesses, Net of Cash Acquired	105,000
Business Combination, Provisional Information Adjustment, Working Capital	400
Globe [Member] \| Scenario, Previously Reported [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	3,420
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	17,197
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,120
Goodwill	67,176
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	43,444
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	5,994
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	16,456
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(1,907)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	108,000
Globe [Member] \| Scenario, Adjustment [Member]
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	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	0
Goodwill	(8,083)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	14,086
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	398
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	4,971
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(193)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	441
Food Processing Group [Member]
Business Acquisition [Line Items]
Goodwill		215,144		198,278
Commercial Foodservice Equipment Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 1,179,697		$ 631,451
Trade Names [Member] \| Commercial Foodservice Equipment Group [Member] \| Globe [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	28,800
Customer Relationships [Member] \| Globe [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 28,700
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	9 years

Acquisitions and Purchase Accounting Estimated Fair Values of Assets Acquired and Liabilities Assumed - Scanico (Details) - USD ($) $ in Thousands		6 Months Ended
	Dec. 07, 2017	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Goodwill		$ 1,824,755		$ 1,264,810
Payments to Acquire Businesses, Net of Cash Acquired		1,144,541	$ 119,262
Scanico [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 6,766
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	3,317
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	420
Goodwill	30,542
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	11,491
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(8,015)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(3,275)
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	41,246
Business Combination, Contingent Consideration, Liability	751
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	41,997
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	2,500
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	800
Payments to Acquire Businesses, Net of Cash Acquired	34,500
Business Combination, Provisional Information Adjustment, Working Capital	300
Scenario, Previously Reported [Member] \| Scanico [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	6,766
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	3,428
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	447
Goodwill	30,072
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	11,491
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(7,987)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(3,305)
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	40,912
Business Combination, Contingent Consideration, Liability	751
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	41,663
Scenario, Adjustment [Member] \| Scanico [Member]
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	(111)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	(27)
Goodwill	470
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(28)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	30
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	334
Business Combination, Contingent Consideration, Liability	0
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	334
Food Processing Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 215,144		$ 198,278
Trade Names [Member] \| Food Processing Group [Member] \| Scanico [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	6,600
Customer Relationships [Member] \| Scanico [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 2,000
Customer Relationships [Member] \| Food Processing Group [Member] \| Scanico [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Developed Technology Rights [Member] \| Scanico [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 900
Developed Technology Rights [Member] \| Food Processing Group [Member] \| Scanico [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Backlog [Member] \| Scanico [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 2,000
Backlog [Member] \| Food Processing Group [Member] \| Scanico [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months

Acquisitions and Purchase Accounting Estimated Fair Values of Assets Acquired and Liabilities Assumed - Hinds Bock (Details) - USD ($) $ in Thousands		6 Months Ended
	Feb. 17, 2018	Jun. 30, 2018	Jul. 01, 2017	Feb. 16, 2018	Dec. 30, 2017
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 1,144,541	$ 119,262
Goodwill		1,824,755			$ 1,264,810
Hinds-Bock [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 25,800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents				$ 5
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets				5,301
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment				3,557
Goodwill				12,686
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill				8,081
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities				(3,800)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net				25,830
Customer Relationships [Member] \| Hinds-Bock [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill				3,400
Developed Technology Rights [Member] \| Hinds-Bock [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill				400
Backlog [Member] \| Hinds-Bock [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill				400
Food Processing Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 215,144			$ 198,278
Food Processing Group [Member] \| Customer Relationships [Member] \| Hinds-Bock [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Food Processing Group [Member] \| Developed Technology Rights [Member] \| Hinds-Bock [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Food Processing Group [Member] \| Backlog [Member] \| Hinds-Bock [Member]
Business Acquisition [Line Items]
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months
Trade Names [Member] \| Food Processing Group [Member] \| Hinds-Bock [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill				3,800
Scenario, Previously Reported [Member] \| Hinds-Bock [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents				5
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets				5,301
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment				3,557
Goodwill				12,686
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill				8,081
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities				(3,800)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net				25,830
Scenario, Adjustment [Member] \| Hinds-Bock [Member]
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				0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment				0
Goodwill				0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill				0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities				0
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net				$ 0

Acquisitions and Purchase Accounting Estimated Fair Values of Assets Acquired and Liabilities Assumed - Ve.Ma.C (Details) - USD ($) $ in Thousands		6 Months Ended
	Apr. 03, 2018	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 1,144,541	$ 119,262
Goodwill		1,824,755		$ 1,264,810
VeMaC [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 1,833
Payments to Acquire Businesses, Net of Cash Acquired	10,500
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	10,722
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	389
Goodwill	7,278
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	2,584
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	12
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	(1,901)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(8,076)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(340)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(212)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	12,289
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	700
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets	400
Food Processing Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 215,144		$ 198,278
Food Processing Group [Member] \| Trade Names [Member] \| VeMaC [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	1,000
Developed Technology Rights [Member] \| Food Processing Group [Member] \| VeMaC [Member]
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
Customer Relationships [Member] \| Food Processing Group [Member] \| VeMaC [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 600
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Backlog [Member] \| Food Processing Group [Member] \| VeMaC [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 700
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	3 months

Acquisitions and Purchase Accounting Estimated Fair Value of Assets Acquired and Liabilities Assumed (Firex) (Details) - USD ($) $ in Thousands		6 Months Ended
	Apr. 27, 2018	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 1,144,541	$ 119,262
Goodwill		1,824,755		$ 1,264,810
Firex [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 10,652
Payments to Acquire Businesses, Net of Cash Acquired	53,900
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	7,656
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,447
Goodwill	36,706
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	19,806
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	(1,210)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(4,099)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(4,995)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	(1,069)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	(1,318)
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	64,576
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	5,400
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Assets	400
Commercial Foodservice Equipment Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 1,179,697		$ 631,451
Trade Names [Member] \| Commercial Foodservice Equipment Group [Member] \| Firex [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	9,500
Customer Relationships [Member] \| Commercial Foodservice Equipment Group [Member] \| Firex [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 9,700
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years
Developed Technology Rights [Member] \| Commercial Foodservice Equipment Group [Member] \| Firex [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 200
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Backlog [Member] \| Commercial Foodservice Equipment Group [Member] \| Firex [Member]
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 Accounting Estimated Fair Value of Assets Acquired and Liabilities Assumed - Josper (Details) - USD ($) $ in Thousands		6 Months Ended
	May 10, 2018	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 1,144,541	$ 119,262
Goodwill		1,824,755		$ 1,264,810
Josper [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 3,308
Payments to Acquire Businesses, Net of Cash Acquired	39,500
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets	6,579
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	4,739
Goodwill	27,140
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	(13,136)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Other Noncurrent Assets	2
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	217
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	(5,146)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt	(1,608)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(2,934)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	2,169
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Initial Consideration, Net	42,830
Business Combination, Contingent Consideration, Liability	3,454
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Net	46,284
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	2,800
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	100
Commercial Foodservice Equipment Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 1,179,697		$ 631,451
Commercial Foodservice Equipment Group [Member] \| Trade Names [Member] \| Josper [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	(6,300)
Backlog [Member] \| Commercial Foodservice Equipment Group [Member] \| Josper [Member]
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	3 months
Developed Technology Rights [Member] \| Commercial Foodservice Equipment Group [Member] \| Josper [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ (200)
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years
Customer Relationships [Member] \| Commercial Foodservice Equipment Group [Member] \| Josper [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ (6,400)
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	5 years

Acquisitions and Purchase Accounting Estimated Fair Value of Assets Acquired and Liabilities Assumed - Taylor (Details) - USD ($) $ in Thousands		6 Months Ended
	Jun. 21, 2018	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired		$ 1,144,541	$ 119,262
Goodwill		1,824,755		$ 1,264,810
Taylor [Member]
Business Acquisition [Line Items]
Payments to Acquire Businesses, Net of Cash Acquired	$ 1,000,000
Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed	3,000
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, Current Liabilities	(48,417)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities, Net	(8,161)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	1,013,871
Commercial Foodservice Equipment Group [Member]
Business Acquisition [Line Items]
Goodwill		$ 1,179,697		$ 631,451
Commercial Foodservice Equipment Group [Member] \| Customer Relationships [Member] \| Taylor [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 237,500
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	10 years
Commercial Foodservice Equipment Group [Member] \| Developed Technology Rights [Member] \| Taylor [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 15,000
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	7 years
Commercial Foodservice Equipment Group [Member] \| Backlog [Member] \| Taylor [Member]
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
Commercial Foodservice Equipment Group [Member] \| Trade Names [Member] \| Taylor [Member]
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	$ 230,000

Acquisitions and Purchase Accounting Acquisitions and Purchase Accounting - Pro Forma Information (Details) - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jul. 01, 2017
Business Combinations [Abstract]
Business Acquisition, Pro Forma Revenue	$ 1,415,669	$ 1,432,093
Business Acquisition, Pro Forma Net Income (Loss)	$ 142,566	$ 129,622
Business Acquisition, Pro Forma Earnings Per Share, Basic	$ 2.57	$ 2.27
Business Acquisition, Pro Forma Earnings Per Share, Diluted	$ 2.57	$ 2.27

Recently Issued Accounting Standards Excess Tax Benefit (Details) $ in Millions	Dec. 30, 2017 USD ($)
Income Tax Disclosure [Abstract]
New Accounting Pronouncement or Change in Accounting Principle, Cumulative Effect of Change on Equity or Net Assets	$ 4.4

Other Comprehensive Income Changes in accumulated other comprehensive income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jul. 01, 2017	Jun. 30, 2018	Jul. 01, 2017
Accumulated Other Comprehensive Income/(Loss) [Line Items]
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, Tax			$ 1,600
Other than Temporary Impairment Loss, Investments, Portion in Other Comprehensive Loss, Tax, Attributable to Parent, Held-to-maturity Securities			(42,000)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax			5,400
Currency Translation Adjustment	$ (41,963)	$ 18,621	(20,161)	$ 29,456
Accumulated Other Comprehensive Income [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax			(266,419)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax			(4,797)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	(13,754)	$ 6,647	(4,880)	$ 9,174
Reclassification from accumulated other comprehensive income, current period, net of tax			248
Other Comprehensive Income (Loss), before Reclassifications, before Tax			(5,681)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(272,100)		(272,100)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax			1,100
Stranded Tax Effects Reclassified from OCI to Retained Earnings	1,132		1,132
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income/(Loss) [Line Items]
Currency Translation Adjustment			(20,161)
Accumulated Other Comprehensive Income [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax			(69,721)
Reclassification from accumulated other comprehensive income, current period, net of tax			0
Other Comprehensive Income (Loss), before Reclassifications, before Tax			(20,161)
Accumulated Other Comprehensive Income (Loss), Net of Tax	(89,882)		(89,882)
Stranded Tax Effects Reclassified from OCI to Retained Earnings	0		0
Accumulated Defined Benefit Plans Adjustment [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax			(203,063)
Other Comprehensive (Income) Loss, Defined Benefit Plan, before Reclassification Adjustment and Tax			(4,393)
Reclassification from accumulated other comprehensive income, current period, net of tax			0
Other Comprehensive Income (Loss), before Reclassifications, before Tax			4,880
Accumulated Other Comprehensive Income (Loss), Net of Tax	(198,183)		(198,183)
Stranded Tax Effects Reclassified from OCI to Retained Earnings	(487)		(487)
Interest Rate Swap [Member] \| Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income [Roll Forward]
Accumulated Other Comprehensive Income (Loss), Net of Tax			6,365
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax			10,971
Reclassification from accumulated other comprehensive income, current period, net of tax			248
Other Comprehensive Income (Loss), before Reclassifications, before Tax			9,600
Accumulated Other Comprehensive Income (Loss), Net of Tax	15,965		15,965
Stranded Tax Effects Reclassified from OCI to Retained Earnings	$ 1,619		$ 1,619

Other Comprehensive Income Components of Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jul. 01, 2017	Jun. 30, 2018	Jul. 01, 2017
Net earnings	$ 83,988	$ 77,569	$ 149,408	$ 148,271
Currency Translation Adjustment	(41,963)	18,621	(20,161)	29,456
Pension liability adjustment, net of tax	13,754	(6,647)	4,880	(9,174)
Unrealized gain on interest rate swaps, net of tax	3,045	(1,001)	9,600	(501)
Comprehensive income	$ 58,824	$ 88,542	$ 143,727	$ 168,052

Revenue Recognition Schedule of New Accounting Pronouncements and Changes in Accounting Principle (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jul. 01, 2017

Jun. 30, 2018

Jul. 01, 2017

Dec. 30, 2017

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

$ 668,128

^[1]

$ 579,343

^[1]

$ 1,252,928

$ 1,109,640

400,266

$ 328,421

493,667

424,639

48,890

55,427

40,807

44,565

361,501

322,171

Accounting Standards Update 2014-09 [Member]

1,841,489

1,697,618

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

(122)

14,993

(4,018)

1,319

16,557

BalanceUponAdoption [Member] | Accounting Standards Update 2014-09 [Member]

(4,405)

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

328,299

439,632

51,409

45,884

338,728

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

$ 1,693,213

United States and Canada

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

452,249

399,445

852,857

764,650

Asia

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

51,742

41,568

88,005

80,779

Europe and Middle East

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

145,974

116,986

276,372

226,944

Latin America

18,163

21,344

35,694

37,267

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Commercial Foodservice Equipment Group [Member] | United States and Canada

414,117

^[1]

333,753

^[1]

774,021

646,002

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Commercial Foodservice Equipment Group [Member] | Asia

289,523

239,159

544,636

463,781

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Commercial Foodservice Equipment Group [Member] | Europe and Middle East

37,959

33,593

66,991

65,843

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Commercial Foodservice Equipment Group [Member] | Latin America

75,352

50,802

141,963

97,295

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

11,283

10,199

20,431

19,083

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Residential Kitchen [Member] | United States and Canada

160,362

^[1]

153,222

^[1]

296,686

293,994

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Residential Kitchen [Member] | Asia

103,420

92,355

181,980

173,193

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Residential Kitchen [Member] | Europe and Middle East

2,060

1,999

3,579

4,537

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Residential Kitchen [Member] | Latin America

53,819

56,813

108,874

113,160

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

1,063

2,055

2,253

3,104

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Food Processing Group [Member] | United States and Canada

93,649

^[1]

92,368

^[1]

182,221

169,644

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Food Processing Group [Member] | Asia

59,306

67,931

126,241

127,676

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Food Processing Group [Member] | Europe and Middle East

11,723

5,976

17,435

10,399

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

Food Processing Group [Member] | Latin America

16,803

9,371

25,535

16,489

New Accounting Pronouncements or Change in Accounting Principle [Line Items]

$ 5,817

$ 9,090

$ 13,010

$ 15,080

[1]	Non-operating expenses are not allocated to the operating 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.

Revenue Recognition Effect of Adopting ASC 606 (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jul. 01, 2017

Jun. 30, 2018

Jul. 01, 2017

Dec. 30, 2017

$ 400,266

$ 328,421

493,667

424,639

48,890

55,427

40,807

44,565

Accounts payable

188,256

146,333

Deferred Tax Liabilities, Net, Noncurrent

361,501

322,171

102,636

87,815

1,841,489

1,697,618

668,128

^[1]

$ 579,343

^[1]

1,252,928

$ 1,109,640

417,369

344,735

790,536

665,582

26,576

38,563

47,857

61,268

Earnings Per Share, Basic

$ 83,988

$ 77,569

$ 149,408

$ 148,271

$ 1.51

$ 1.35

$ 2.69

$ 2.59

Earnings Per Share, Diluted

$ 1.51

$ 1.35

$ 2.69

$ 2.59

Accounting Standards Update 2014-09 [Member]

(122)

14,993

(4,018)

1,319

16,557

Calculated under Revenue Guidance in Effect before Topic 606 [Member]

(4,405)

$ 487,910

51,927

Deferred Tax Liabilities, Net, Noncurrent

365,744

102,246

1,840,356

667,697

1,238,355

417,452

780,138

26,482

46,792

Earnings Per Share, Basic

$ 83,567

$ 146,298

$ 1.50

$ 2.63

Earnings Per Share, Diluted

$ 1.50

$ 2.63

Difference between Revenue Guidance in Effect before and after Topic 606 [Member]

$ 5,757

(3,037)

Deferred Tax Liabilities, Net, Noncurrent

(4,243)

390

1,133

431

14,573

(83)

10,398

1,065

BalanceUponAdoption [Member] | Accounting Standards Update 2014-09 [Member]

$ 421

$ 3,110

328,299

439,632

51,409

45,884

338,728

$ 1,693,213

[1]	Non-operating expenses are not allocated to the operating 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.

Revenue Recognition Disaggregation of Revenue (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jul. 01, 2017

Jun. 30, 2018

Jul. 01, 2017

$ 668,128

^[1]

$ 579,343

^[1]

$ 1,252,928

$ 1,109,640

United States and Canada

452,249

399,445

852,857

764,650

Asia

51,742

41,568

88,005

80,779

Europe and Middle East

145,974

116,986

276,372

226,944

Latin America

18,163

21,344

35,694

37,267

Commercial Foodservice Equipment Group [Member] | United States and Canada

414,117

^[1]

333,753

^[1]

774,021

646,002

Commercial Foodservice Equipment Group [Member] | Asia

289,523

239,159

544,636

463,781

Commercial Foodservice Equipment Group [Member] | Europe and Middle East

37,959

33,593

66,991

65,843

Commercial Foodservice Equipment Group [Member] | Latin America

75,352

50,802

141,963

97,295

11,283

10,199

20,431

19,083

Residential Kitchen [Member] | United States and Canada

160,362

^[1]

153,222

^[1]

296,686

293,994

Residential Kitchen [Member] | Asia

103,420

92,355

181,980

173,193

Residential Kitchen [Member] | Europe and Middle East

2,060

1,999

3,579

4,537

Residential Kitchen [Member] | Latin America

53,819

56,813

108,874

113,160

1,063

2,055

2,253

3,104

Food Processing Group [Member] | United States and Canada

93,649

^[1]

92,368

^[1]

182,221

169,644

Food Processing Group [Member] | Asia

59,306

67,931

126,241

127,676

Food Processing Group [Member] | Europe and Middle East

11,723

5,976

17,435

10,399

Food Processing Group [Member] | Latin America

16,803

9,371

25,535

16,489

$ 5,817

$ 9,090

$ 13,010

$ 15,080

[1]	Non-operating expenses are not allocated to the operating 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.

Revenue Recognition Contract with Customer, Asset and Liability (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Dec. 30, 2017
Revenue Recognition [Abstract]
Contract with Customer, Liability	$ 69,746	$ 47,647	$ 31,069
Contract with Customer, Asset, Net, Current	7,846		$ 16,753
Contract with Customer, Asset, Reclassified to Receivable	11,500
Contract with Customer, Liability, Revenue Recognized	42,100
Increase (Decrease) in Deferred Revenue and Customer Advances and Deposits	$ 60,800

Inventories Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 30, 2017
Inventory Disclosure [Abstract]
Inventory, Raw Materials, Net of Reserves	$ 215,056	$ 180,559
Inventory, Work in Process, Net of Reserves	57,092	38,917
Inventory, Finished Goods, Net of Reserves	221,519	205,163
Inventories, net	$ 493,667	$ 424,639

Changes in Carrying Amount of Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2018 USD ($)
Goodwill [Line Items]
Balance beginning of period	$ 1,264,810
Goodwill acquired during the year	577,977
Measurement period adjustments to goodwill acquired in prior year	(1,438)
Exchange effect	(16,594)
Balance end of period	1,824,755
Commercial Foodservice Equipment Group [Member]
Goodwill [Line Items]
Balance beginning of period	631,451
Goodwill acquired during the year	558,013
Measurement period adjustments to goodwill acquired in prior year	(970)
Exchange effect	(8,797)
Balance end of period	1,179,697
Food Processing Group [Member]
Goodwill [Line Items]
Balance beginning of period	198,278
Goodwill acquired during the year	19,964
Measurement period adjustments to goodwill acquired in prior year	(468)
Exchange effect	(2,630)
Balance end of period	215,144
Residential Kitchen [Member]
Goodwill [Line Items]
Balance beginning of period	435,081
Goodwill acquired during the year	0
Measurement period adjustments to goodwill acquired in prior year	0
Exchange effect	(5,167)
Balance end of period	$ 429,914

Intangibles (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Intangibles (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jul. 01, 2017	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Amortization Expense, Next Twelve Months	$ 63,180		$ 63,180
Amortization of Intangible Assets	9,800	$ 10,500	21,300	$ 17,300
Finite-Lived Intangible Assets, Gross	657,095		657,095		$ 372,670
Finite-Lived Intangible Assets, Accumulated Amortization	(229,019)		(229,019)		(207,334)
Finite-Lived Intangible Assets, Amortization Expense, Year Two	58,686		58,686
Finite-Lived Intangible Assets, Amortization Expense, Year Three	56,172		56,172
Finite-Lived Intangible Assets, Amortization Expense, Year Four	53,462		53,462
Finite-Lived Intangible Assets, Amortization Expense, Year Five	46,392		46,392
Finite-Lived Intangible Assets, Amortization Expense, after Year Five	150,184		150,184
Finite-Lived Intangible Assets, Net	428,076		$ 428,076
Customer Lists [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life			8 years 2 months	5 years 2 months
Finite-Lived Intangible Assets, Gross	596,526		$ 596,526		330,496
Finite-Lived Intangible Assets, Accumulated Amortization	(190,030)		$ (190,030)		(171,005)
Backlog [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life			1 month	9 months
Finite-Lived Intangible Assets, Gross	20,010		$ 20,010		19,689
Finite-Lived Intangible Assets, Accumulated Amortization	(19,739)		$ (19,739)		(18,081)
Developed Technology Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Asset, Useful Life			6 years 3 months	4 years 2 months
Finite-Lived Intangible Assets, Gross	40,559		$ 40,559		22,485
Finite-Lived Intangible Assets, Accumulated Amortization	(19,250)		(19,250)		(18,248)
Tradenames And Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	$ 864,695		$ 864,695		$ 615,090

Accrued Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017	Dec. 30, 2017
Disclosure Accrued Expenses [Abstract]
Accrued payroll and related expenses	$ 68,064		$ 67,935
Standard Product Warranty Accrual, Current	59,667		52,834
Accrued warranty	59,667		52,834
Contract with Customer, Liability	69,746	$ 47,647	31,069
Product Liability Contingency, Loss Exposure in Excess of Accrual, High Estimate	5,459		6,068
Accured Restructuring Liabilities, Current	1,597		1,715
Accrued customer rebates	32,184		48,590
Accrued Product Liability And Workers Compensation Liability Current	11,859		11,976
Accrued agent commission	12,221		11,035
Accrued professional services	18,004		18,250
Sales and Excise Tax Payable, Current	15,831		20,881
Other accrued expenses	66,869		51,818
Accrued expenses	$ 361,501		$ 322,171

Rollforward of Warranty Reserve (Details) $ in Thousands	6 Months Ended
Rollforward of Warranty Reserve (Details) $ in Thousands	Jun. 30, 2018 USD ($)
Disclosure Rollforward Of Warranty Reserve [Abstract]
Standard and Extended Product Warranty Accrual, Additions from Business Acquisition	$ 5,485
Beginning balance	52,834
Warranty expense	31,167
Warranty claims	(29,819)
Ending balance	$ 59,667

Long-Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 30, 2017
Debt Disclosure [Line Items]
Line of credit, Current and Noncurrent, Foreign	$ 8,200
Line of Credit Facility, Maximum Borrowing Capacity	2,500,000
Line of Credit Facility, Potential Additional Borrowing Capacity	3,000,000
Senior secured revolving credit line	2,058,287	$ 1,022,935
Other Long-term Debt	175	178
Total debt	2,066,625	1,028,881
Less: Current maturities of long-term debt	6,297	5,149
Long-term debt	2,060,328	1,023,732
Line of Credit Facility, Outstanding Amount, USD Borrowings	2,000,000
Line of Credit Facility, Outstanding Amount, EUR Borrowings	87,600
Line of Credit Facility, Amount Outstanding, GBP Borrowings	19,700
Letters of Credit Outstanding, Amount	9,700
Line of Credit Facility, Remaining Borrowing Capacity	$ 400,000
Line of Credit Facility, Interest Rate at Period End	4.08%
Foreign
Debt Disclosure [Line Items]
Foreign loans	$ 8,163	$ 5,768

Carrying Value and Estimated Aggregate Fair Value of Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 30, 2017
Disclosure Carrying Value And Estimated Aggregate Fair Value Of Debt [Abstract]
Fixed Interest Rate	1.66%
Derivative Notional Amount, NonCurrent	$ 499,000
Carrying Value	2,066,625	$ 1,028,881
Fair Value	$ 2,066,625	$ 1,028,881

Interest Rate Swaps in Effect (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jul. 01, 2017	Jun. 30, 2018	Jul. 01, 2017	Dec. 30, 2017
Debt Disclosure [Line Items]
Fixed Interest Rate	1.66%		1.66%
Derivative Notional Amount, NonCurrent	$ 499,000		$ 499,000
Interest Rate Derivative Liabilities, at Fair Value	20,900		20,900
Foreign Exchange Forward
Debt Disclosure [Line Items]
Derivative, Fair Value, Net	(1,200)		(1,200)
Other Noncurrent Assets [Member] \| Interest Rate Swap [Member]
Debt Disclosure [Line Items]
Interest Rate Fair Value Hedge Asset at Fair Value	20,875		20,875		$ 10,266
Other Comprehensive Income \| Interest Rate Swap [Member]
Debt Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	4,338	$ (1,955)	10,958	$ (1,643)
Interest Expense \| Interest Rate Swap [Member]
Debt Disclosure [Line Items]
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	248	(284)	236	(806)
Other Expense \| Interest Rate Swap [Member]
Debt Disclosure [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	$ (161)	$ (8)	$ (113)	$ (15)

Financing Arrangements Additional Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Dec. 30, 2017
Debt Disclosure [Line Items]
Derivative Notional Amount, NonCurrent	$ 499,000
Fixed Interest Rate	1.66%
Debt Instrument, Interest Coverage Ratio Range, Low	300.00%
Line of Credit Facility, Maximum Borrowing Capacity	$ 2,500,000
Credit facility, outstanding	2,058,287	$ 1,022,935
Letters of Credit Outstanding, Amount	9,700
Line of Credit Facility, Remaining Borrowing Capacity	$ 400,000
Credit facility, additional interest rate above LIBOR	1.25%
Debt Instrument Interest Additional Interest Above Fed Funds Rate	0.50%
Debt Instrument, Interest Rate, Increase (Decrease)	1.00%
Debt Instrument Interest Additional Interest Above LIBOR Rate Alternative	0.25%
Credit facility, average interest rate	3.35%
Variable commitment fee	0.20%
Term loan, amount	$ 2,066,625	1,028,881
Line of Credit Facility, Interest Rate at Period End	4.08%
Line of credit, Current and Noncurrent, Foreign	$ 8,200
Debt Instrument, Interest Coverage Ratio Range, High	100.00%
Debt Instrument, Leverage Ratio Range, Low	350.00%
Debt Instrument, Leverage Ratio Range, High	100.00%
Debt Instrument, Qualified Leverage Ratio Range, Low	400.00%
Debt Instrument, Qualified Leverage Ratio Range, High	100.00%
Other Noncurrent Assets [Member] \| Interest Rate Swap [Member]
Debt Disclosure [Line Items]
Interest Rate Fair Value Hedge Asset at Fair Value	$ 20,875	$ 10,266

Impact on Earnings from Interest Rate Swaps (Details) - Interest Rate Swap [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jul. 01, 2017	Jun. 30, 2018	Jul. 01, 2017
Other Comprehensive Income
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income (Loss), Effective Portion, Net	$ 4,338	$ (1,955)	$ 10,958	$ (1,643)
Interest Expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain/(loss) reclassified from accumulated other comprehensive income (effective portion)	248	(284)	236	(806)
Other Expense
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income, Ineffective Portion and Amount Excluded from Effectiveness Testing, Net	$ (161)	$ (8)	$ (113)	$ (15)

Financial Instruments Additional Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Dec. 30, 2017
Derivative [Line Items]
Fair value of interest rate swaps liability	$ 20,900
Maximum
Derivative [Line Items]
Loss in fair value of interest rate swaps	9,400
Foreign Exchange Forward
Derivative [Line Items]
Derivative, Fair Value, Net	(1,200)
Other Noncurrent Assets [Member] \| Interest Rate Swap [Member]
Derivative [Line Items]
Interest Rate Fair Value Hedge Asset at Fair Value	$ 20,875	$ 10,266

Net Sales Summary (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jul. 01, 2017

Jun. 30, 2018

Jul. 01, 2017

$ 668,128

^[1]

$ 579,343

^[1]

$ 1,252,928

$ 1,109,640

100.00%

$ 111,310

^[1]

$ 113,524

^[1]

$ 198,302

$ 206,265

18,598

^[1]

18,258

^[1]

38,622

32,315

7,551

^[1]

23,432

^[1]

24,208

31,708

$ 414,117

^[1]

$ 333,753

^[1]

$ 774,021

$ 646,002

62.00%

57.60%

61.80%

58.20%

$ 100,008

^[1]

$ 95,007

^[1]

$ 182,554

$ 175,548

7,349

^[1]

8,496

^[1]

15,349

13,478

2,929

^[1]

20,764

^[1]

8,706

26,749

$ 93,649

^[1]

$ 92,368

^[1]

$ 182,221

$ 169,644

14.00%

15.90%

14.50%

15.30%

$ 14,648

^[1]

$ 24,199

^[1]

$ 25,326

$ 42,188

3,129

^[1]

1,657

^[1]

7,176

3,044

460

^[1]

1,308

^[1]

6,956

1,946

Corporate and Other

^[1],[2]

(19,866)

^[1],[2]

(19,076)

^[1],[2]

(32,687)

(35,439)

468

^[1],[2]

478

^[1],[2]

936

959

1,418

^[1],[2]

(301)

^[1],[2]

904

$ 160,362

^[1]

$ 153,222

^[1]

$ 296,686

$ 293,994

24.00%

26.50%

23.70%

26.50%

$ 16,520

^[1]

$ 13,394

^[1]

$ 23,109

$ 23,968

7,652

^[1]

7,627

^[1]

15,161

14,834

2,744

^[1]

1,661

^[1]

7,642

2,943

United States and Canada

United States and Canada | Commercial Foodservice Equipment Group [Member]

452,249

399,445

852,857

764,650

United States and Canada | Food Processing Group [Member]

289,523

239,159

544,636

463,781

United States and Canada | Residential Kitchen [Member]

59,306

67,931

126,241

127,676

103,420

92,355

181,980

173,193

Asia

Asia | Commercial Foodservice Equipment Group [Member]

51,742

41,568

88,005

80,779

Asia | Food Processing Group [Member]

37,959

33,593

66,991

65,843

Asia | Residential Kitchen [Member]

11,723

5,976

17,435

10,399

2,060

1,999

3,579

4,537

Europe and Middle East

Europe and Middle East | Commercial Foodservice Equipment Group [Member]

145,974

116,986

276,372

226,944

Europe and Middle East | Food Processing Group [Member]

75,352

50,802

141,963

97,295

Europe and Middle East | Residential Kitchen [Member]

16,803

9,371

25,535

16,489

53,819

56,813

108,874

113,160

Latin America

Latin America | Commercial Foodservice Equipment Group [Member]

18,163

21,344

35,694

37,267

Latin America | Food Processing Group [Member]

11,283

10,199

20,431

19,083

Latin America | Residential Kitchen [Member]

5,817

9,090

13,010

15,080

$ 1,063

$ 2,055

$ 2,253

$ 3,104

[1]	Non-operating expenses are not allocated to the operating 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.

Summary of Results of Operations for Business Segments (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jul. 01, 2017

Jun. 30, 2018

Jul. 01, 2017

Dec. 30, 2017

$ 668,128

^[1]

$ 579,343

^[1]

$ 1,252,928

$ 1,109,640

111,310

^[1]

113,524

^[1]

198,302

206,265

18,598

^[1]

18,258

^[1]

38,622

32,315

7,551

^[1]

23,432

^[1]

24,208

31,708

4,602,203

3,140,535

4,602,203

3,140,535

$ 3,339,713

414,117

^[1]

333,753

^[1]

774,021

646,002

100,008

^[1]

95,007

^[1]

182,554

175,548

7,349

^[1]

8,496

^[1]

15,349

13,478

2,929

^[1]

20,764

^[1]

8,706

26,749

2,889,677

1,495,316

2,889,677

1,495,316

93,649

^[1]

92,368

^[1]

182,221

169,644

14,648

^[1]

24,199

^[1]

25,326

42,188

3,129

^[1]

1,657

^[1]

7,176

3,044

460

^[1]

1,308

^[1]

6,956

1,946

497,439

393,674

497,439

393,674

160,362

^[1]

153,222

^[1]

296,686

293,994

16,520

^[1]

13,394

^[1]

23,109

23,968

7,652

^[1]

7,627

^[1]

15,161

14,834

2,744

^[1]

1,661

^[1]

7,642

2,943

1,133,356

1,205,676

1,133,356

1,205,676

Corporate and Other

^[1],[2]

(19,866)

^[1],[2]

(19,076)

^[1],[2]

(32,687)

(35,439)

468

^[1],[2]

478

^[1],[2]

936

959

1,418

^[1],[2]

(301)

^[1],[2]

904

$ 81,731

$ 45,869

$ 81,731

$ 45,869

[1]	Non-operating expenses are not allocated to the operating 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.

Long-Lived Assets by Major Geographic Region (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jul. 01, 2017
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 404,220	$ 346,246
United States and Canada
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	262,382	202,789
Asia
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	12,575	15,370
Europe and Middle East
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	128,584	127,053
Latin America
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	679	1,034
Total International
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 141,838	$ 143,457

Revenues from External Customers and Long-Lived Assets [Line Items]

Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(14))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(10))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(12))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(15))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(11))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(17))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(16))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Net Sales by Major Geographic Region (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2018

Jul. 01, 2017

Jun. 30, 2018

Jul. 01, 2017