XML 35 R23.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Goodwill & Intangibles (Tables) | 9 Months Ended
--- | ---
Sep. 25, 2022
Goodwill & Intangibles |
Changes in the carrying amount of goodwill by geographic segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Gross Balance | ​ | Accumulated Impairment Losses | ​ | Foreign Currency Translation | ​ | Net Goodwill
​ | ​ | ​ | ​ | Acquired | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | January 1, | ​ | ​
​ | ​ | Balance | ​ | During | ​ | Balance | ​ | Balance | ​ | Impairment | ​ | Balance | ​ | 2022 - | ​ | ​
​ | ​ | January 1, | ​ | the | ​ | September 25, | ​ | January 1, | ​ | Loss During | ​ | September 25, | ​ | September 25, | ​ | September 25,
​ |  | 2022 |  | Period |  | 2022 |  | 2022 |  | the Period |  | 2022 |  | 2022 |  | 2022
​ | ​ | (in millions)
Americas | ​ | $ | 490.9 | ​ | $ | — | ​ | $ | 490.9 | ​ | $ | (24.5) | ​ | $ | — | ​ | $ | (24.5) | ​ | $ | (0.5) | ​ | $ | 465.9
Europe | ​ |  | 242.9 | ​ |  | — | ​ |  | 242.9 | ​ |  | (129.7) | ​ |  | — | ​ |  | (129.7) | ​ |  | (15.0) | ​ |  | 98.2
APMEA | ​ |  | 34.0 | ​ |  | — | ​ |  | 34.0 | ​ |  | (12.9) | ​ |  | — | ​ |  | (12.9) | ​ |  | (2.7) | ​ |  | 18.4
Total | ​ | $ | 767.8 | ​ | $ | — | ​ | $ | 767.8 | ​ | $ | (167.1) | ​ | $ | — | ​ | $ | (167.1) | ​ | $ | (18.2) | ​ | $ | 582.5
Schedule of Intangible assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 25, 2022 | ​ | December 31, 2021
​ | ​ | Gross | ​ | ​ | ​ | ​ | Net | ​ | Gross | ​ | ​ | ​ | ​ | Net
​ | ​ | Carrying | ​ | Accumulated | ​ | Carrying | ​ | Carrying | ​ | Accumulated | ​ | Carrying
​ |  | Amount |  | Amortization |  | Amount |  | Amount |  | Amortization |  | Amount
​ | ​ | (in millions)
Patents | ​ | $ | 16.0 | ​ | $ | (16.0) | ​ | $ | — | ​ | $ | 16.1 | ​ | $ | (16.1) | ​ | $ | —
Customer relationships | ​ |  | 235.2 | ​ |  | (177.2) | ​ |  | 58.0 | ​ |  | 237.5 | ​ |  | (173.1) | ​ |  | 64.4
Technology | ​ |  | 56.6 | ​ |  | (42.9) | ​ |  | 13.7 | ​ |  | 58.6 | ​ |  | (40.7) | ​ |  | 17.9
Trade names | ​ |  | 25.9 | ​ |  | (17.0) | ​ |  | 8.9 | ​ |  | 26.8 | ​ |  | (16.9) | ​ |  | 9.9
Other | ​ |  | 4.2 | ​ |  | (3.7) | ​ |  | 0.5 | ​ |  | 4.3 | ​ |  | (3.8) | ​ |  | 0.5
Total amortizable intangibles | ​ |  | 337.9 | ​ |  | (256.8) | ​ |  | 81.1 | ​ |  | 343.3 | ​ |  | (250.6) | ​ |  | 92.7
Indefinite-lived intangible assets | ​ |  | 33.8 | ​ |  | — | ​ |  | 33.8 | ​ |  | 35.9 | ​ |  | — | ​ |  | 35.9
​ | ​ | $ | 371.7 | ​ | $ | (256.8) | ​ | $ | 114.9 | ​ | $ | 379.2 | ​ | $ | (250.6) | ​ | $ | 128.6

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=121556970&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=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration