XML 37 R24.htm IDEA: XBRL DOCUMENT
v3.19.1

Goodwill & Intangibles (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Goodwill and Intangibles |
Changes in the carrying amount of goodwill by geographic segment |
|  | March 31, 2019
|  | Gross Balance |  | Accumulated Impairment Losses |  | Net Goodwill
|  |  |  | Acquired |  | Foreign |  |  |  |  |  |  |  |  |  |  |
|  | Balance |  | During |  | Currency |  | Balance |  | Balance |  | Impairment |  | Balance |  |
|  | January 1, |  | the |  | Translation |  | March 31, |  | January 1, |  | Loss During |  | March 31, |  | March 31,
|  | 2019 |  | Period |  | and Other |  | 2019 |  | 2019 |  | the Period |  | 2019 |  | 2019
|  | (in millions)
Americas |  | $ | 438.1 |  |  | — |  | $ | 0.1 |  | $ | 438.2 |  | $ | (24.5) |  |  | — |  | $ | (24.5) |  | $ | 413.7
Europe |  |  | 243.7 |  |  | — |  |  | (2.0) |  |  | 241.7 |  |  | (129.7) |  |  | — |  |  | (129.7) |  |  | 112.0
APMEA |  |  | 30.1 |  |  | — |  |  | 0.1 |  |  | 30.2 |  |  | (12.9) |  |  | — |  |  | (12.9) |  |  | 17.3
Total |  | $ | 711.9 |  |  | — |  | $ | (1.8) |  | $ | 710.1 |  | $ | (167.1) |  |  | — |  | $ | (167.1) |  | $ | 543.0
|  | December 31, 2018
|  | Gross Balance |  | Accumulated Impairment Losses |  | Net Goodwill
|  |  |  | Acquired |  | Foreign |  |  |  |  |  |  |  |  |  |
|  | Balance |  | During |  | Currency |  | Balance |  | Balance |  | Impairment |  | Balance |  |
|  | January 1, |  | the |  | Translation |  | December 31, |  | January 1, |  | Loss During |  | December 31, |  | December 31,
|  | 2018 |  | Period |  | and Other |  | 2018 |  | 2018 |  | the Period |  | 2018 |  | 2018
|  | (in millions)
Americas |  | $ | 437.4 |  | $ | 1.5 |  | $ | (0.8) |  | $ | 438.1 |  | $ | (24.5) |  | $ | — |  | $ | (24.5) |  | $ | 413.6
Europe |  |  | 249.3 |  |  | — |  |  | (5.6) |  |  | 243.7 |  |  | (129.7) |  |  | — |  |  | (129.7) |  |  | 114.0
APMEA |  |  | 30.9 |  |  | — |  |  | (0.8) |  |  | 30.1 |  |  | (12.9) |  |  | — |  |  | (12.9) |  |  | 17.2
Total |  | $ | 717.6 |  | $ | 1.5 |  | $ | (7.2) |  | $ | 711.9 |  | $ | (167.1) |  | $ | — |  | $ | (167.1) |  | $ | 544.8
Schedule of Intangible assets |
|  | March 31, 2019 |  | December 31, 2018
|  | Gross |  |  |  |  | Net |  | Gross |  |  |  |  | Net
|  | Carrying |  | Accumulated |  | Carrying |  | Carrying |  | Accumulated |  | Carrying
|  | Amount |  | Amortization |  | Amount |  | Amount |  | Amortization |  | Amount
|  | (in millions)
Patents |  | $ | 16.1 |  | $ | (15.8) |  | $ | 0.3 |  | $ | 16.1 |  | $ | (15.8) |  | $ | 0.3
Customer relationships |  |  | 232.9 |  |  | (149.3) |  |  | 83.6 |  |  | 232.9 |  |  | (146.9) |  |  | 86.0
Technology |  |  | 54.6 |  |  | (28.3) |  |  | 26.3 |  |  | 54.6 |  |  | (27.3) |  |  | 27.3
Trade names |  |  | 26.1 |  |  | (11.9) |  |  | 14.2 |  |  | 26.1 |  |  | (11.5) |  |  | 14.6
Other |  |  | 4.3 |  |  | (3.6) |  |  | 0.7 |  |  | 4.3 |  |  | (3.5) |  |  | 0.8
Total amortizable intangibles |  |  | 334.0 |  |  | (208.9) |  |  | 125.1 |  |  | 334.0 |  |  | (205.0) |  |  | 129.0
Indefinite-lived intangible assets |  |  | 35.9 |  |  | — |  |  | 35.9 |  |  | 36.2 |  |  | — |  |  | 36.2
|  | $ | 369.9 |  | $ | (208.9) |  | $ | 161.0 |  | $ | 370.2 |  | $ | (205.0) |  | $ | 165.2

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Disclosure of amortizable finite-lived intangible assets, including the gross carrying amount and accumulated amortization along with the disclosure of the carrying value of indefinite-lived intangible assets not subject to amortization, excluding goodwill, in total and by major class. + References No definition available. + Details
Name: | wts_ScheduleOfFiniteLivedAndIndefiniteLivedIntangibleAssetsByMajorClassTableTextBlock
Namespace Prefix: | wts_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration