Quarterly report [Sections 13 or 15(d)]

Segment Reporting (Details 1)

v3.25.3
Segment Reporting (Details 1) - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 27, 2025
Sep. 28, 2024
Sep. 27, 2025
Sep. 28, 2024
Segment Reporting Information [Line Items]        
Net sales $ 220.3 $ 194.5 $ 628.2 $ 626.4
Reportable segment total cost of sales 147.3 134.0 427.9 428.1
Reportable segment gross profit 73.0 60.5 200.3 198.3
Selling, engineering and administrative expenses 38.2 30.4 110.0 106.2
Goodwill Impairment 25.9 0.0 25.9 0.0
(Gain) loss on sale of business     18.8 0.0
Amortization of intangible assets 7.6 7.9 24.1 23.6
Operating income 1.3 22.2 40.3 68.5
Hydraulics [Member]        
Segment Reporting Information [Line Items]        
Goodwill Impairment     0.0  
Electronics [Member]        
Segment Reporting Information [Line Items]        
Goodwill Impairment     25.9  
Operating Segments [Member]        
Segment Reporting Information [Line Items]        
Net sales 220.3 194.5 628.2 626.4
Reportable segment total cost of sales 147.3 134.0 427.9 428.1
Reportable segment gross profit 73.0 60.5 200.3 198.3
Selling, engineering and administrative expenses 27.0 [1] 24.0 [2] 78.5 [3] 74.7 [4]
Goodwill Impairment 25.9 0.0 25.9 0.0
Research and development 4.3 [5] 4.8 [6] 14.1 [7] 15.1 [8]
Indirect expenses 6.9 [9] 1.6 [10] 17.4 [11] 16.4 [12]
Amortization of intangible assets 7.6 [13] 7.9 [14] 24.1 [15] 23.6 [16]
Operating income 1.3 22.2 40.3 68.5
Operating Segments [Member] | Hydraulics [Member]        
Segment Reporting Information [Line Items]        
Net sales 141.3 129.4 408.6 417.5
Reportable segment total cost of sales 95.4 88.5 278.8 287.2
Reportable segment gross profit 45.9 40.9 129.8 130.3
Selling, engineering and administrative expenses 16.1 [1] 14.3 [2] 46.8 [3] 44.5 [4]
Goodwill Impairment 0.0 0.0 0.0 0.0
Research and development 2.1 [5] 1.9 [6] 6.5 [7] 6.1 [8]
Indirect expenses 3.5 [9] 0.5 [10] 9.8 [11] 9.8 [12]
Amortization of intangible assets 0.0 [13] 0.0 [14] 0.0 [15] 0.0 [16]
Operating income 24.2 24.2 66.7 69.9
Operating Segments [Member] | Electronics [Member]        
Segment Reporting Information [Line Items]        
Net sales 79.0 65.1 219.6 208.9
Reportable segment total cost of sales 51.9 45.5 149.1 140.9
Reportable segment gross profit 27.1 19.6 70.5 68.0
Selling, engineering and administrative expenses 10.9 [1] 9.7 [2] 31.7 [3] 30.2 [4]
Goodwill Impairment 25.9 0.0 25.9 0.0
Research and development 2.2 [5] 2.9 [6] 7.6 [7] 9.0 [8]
Indirect expenses 1.8 [9] 0.2 [10] 5.1 [11] 4.6 [12]
Amortization of intangible assets 0.0 [13] 0.0 [14] 0.0 [15] 0.0 [16]
Operating income (13.7) 6.8 0.2 24.2
Operating Segments [Member] | Unallocated Expenses [Member]        
Segment Reporting Information [Line Items]        
Net sales 0.0 0.0 0.0 0.0
Reportable segment total cost of sales 0.0 0.0 0.0 0.0
Reportable segment gross profit 0.0 0.0 0.0 0.0
Selling, engineering and administrative expenses 0.0 [1] 0.0 [2] 0.0 [3] 0.0 [4]
Goodwill Impairment 0.0 0.0 0.0 0.0
Research and development 0.0 [5] 0.0 [6] 0.0 [7] 0.0 [8]
Indirect expenses 1.6 [9] 0.9 [10] 2.5 [11] 2.0 [12]
Amortization of intangible assets 7.6 [13] 7.9 [14] 24.1 [15] 23.6 [16]
Operating income $ (9.2) $ (8.8) $ (26.6) $ (25.6)
[1] Selling, engineering, and administrative expenses primarily include selling, general, and administrative costs, information technology, professional services, and facility-related expenses directly incurred by the segments.
[2] Selling, engineering, and administrative expenses primarily include selling, general, and administrative costs, information technology, professional services, and facility-related expenses directly incurred by the segments.
[3] Selling, engineering, and administrative expenses primarily include selling, general, and administrative costs, information technology, professional services, and facility-related expenses directly incurred by the segments.
[4] Selling, engineering, and administrative expenses primarily include selling, general, and administrative costs, information technology, professional services, and facility-related expenses directly incurred by the segments.
[5] Research and development primarily includes engineering-related costs to create new products and to make improvements to products currently in use.
[6] Research and development primarily includes engineering-related costs to create new products and to make improvements to products currently in use.
[7] Research and development primarily includes engineering-related costs to create new products and to make improvements to products currently in use.
[8] Research and development primarily includes engineering-related costs to create new products and to make improvements to products currently in use.
[9] Indirect expenses represent corporate costs and shared expenses allocated to businesses.
[10] Indirect expenses represent corporate costs and shared expenses allocated to businesses.
[11] Indirect expenses represent corporate costs and shared expenses allocated to businesses.
[12] Indirect expenses represent corporate costs and shared expenses allocated to businesses.
[13] Amortization of intangible assets includes those resulting from the acquisition of new businesses.
[14] Amortization of intangible assets includes those resulting from the acquisition of new businesses.
[15] Amortization of intangible assets includes those resulting from the acquisition of new businesses.
[16] Amortization of intangible assets includes those resulting from the acquisition of new businesses.