XML 60 R30.htm IDEA: XBRL DOCUMENT
v2.4.0.8

FINANCIAL INSTRUMENTS (Tables) | 9 Months Ended
--- | ---
Sep. 28, 2013
Derivative financial instruments |
Summarizes the gross and net fair values of contracts by counterparty |
|  | September 28, 2013 |  | December 31, 2012 |
|  | Gross assets |  | Gross liabilities |  | Net assets / liabilities |  | Gross assets |  | Gross liabilities |  | Net assets / liabilities |
FX Forward Contracts: |  |  |  |  |  |  |  |  |  |  |  |  |
Counterparty A |  | $ | 0.5 |  | $ | — |  | $ | 0.5 |  | $ | 0.2 |  | $ | (0.3 | ) | $ | (0.1 | )
Counterparty B |  | 0.1 |  | (0.6 | ) | (0.5 | ) | 0.1 |  | (0.2 | ) | (0.1 | )
Totals (1) |  | $ | 0.6 |  | $ | (0.6 | ) | $ | — |  | $ | 0.3 |  | $ | (0.5 | ) | $ | (0.2 | )
Commodity Contracts: |  |  |  |  |  |  |  |  |  |  |  |  |
Counterparty A (2) |  | $ | 0.1 |  | $ | — |  | $ | 0.1 |  | $ | 0.3 |  | $ | (0.1 | ) | $ | 0.2 |
(1) We enter into arrangements designed to provide the right of setoff in the event of counterparty default or insolvency, and have elected to offset the fair values of our qualifying financial instruments in our condensed consolidated balance sheets. Amounts presented in our balance sheets are as follows:
|  | September 28, |  | December 31, |
|  | 2013 |  | 2012 |
Designated as hedging instruments: |  |  |  |  |
Other current assets |  | $ | 0.1 |  | $ | 0.1 |
Accrued expenses |  | — |  | (0.3 | )
|  | 0.1 |  | (0.2 | )
Not designated as hedging instruments: |  |  |  |  |
Other current assets |  | 0.4 |  | 0.1 |
Accrued expenses |  | (0.5 | ) | (0.1 | )
|  | (0.1 | ) | — |
Net fair value of FX forward contracts in balance sheets |  | $ | — |  | $ | (0.2 | )
(2) Related contracts are designated as hedging instruments. Net amounts at September 28, 2013 and December 31, 2012 are recorded in “Other current assets”.
Summary of pre-tax gain (loss) recognized in AOCI resulting from derivative financial instruments designated as cash flow hedging relationships |
|  | Three months ended |  | Nine months ended |
|  | September 28, |  | September 29, |  | September 28, |  | September 29, |
|  | 2013 |  | 2012 |  | 2013 |  | 2012 |
FX forward contracts |  | $ | (0.2 | ) | $ | (0.6 | ) | $ | (4.2 | ) | $ | (1.2 | )
Commodity contracts |  | 0.8 |  | 0.8 |  | (1.5 | ) | 1.0 |
|  | $ | 0.6 |  | $ | 0.2 |  | $ | (5.7 | ) | $ | (0.2 | )
Summary of pre-tax gain (loss) related to derivative financial instruments designated as cash flow hedging relationships reclassified from AOCI to income |
|  | Three months ended (1) |  | Nine months ended (1) |
|  | September 28, |  | September 29, |  | September 28, |  | September 29, |
|  | 2013 |  | 2012 |  | 2013 |  | 2012 |
FX forward contracts |  | $ | (2.1 | ) | $ | (0.8 | ) | $ | (3.0 | ) | $ | (1.2 | )
Commodity contracts |  | (0.6 | ) | 0.3 |  | (0.5 | ) | (0.7 | )
|  | $ | (2.7 | ) | $ | (0.5 | ) | $ | (3.5 | ) | $ | (1.9 | )
(1) During the nine months ended September 28, 2013, losses of $0.2 were recognized in “Other income (expense), net” relating to derivative ineffectiveness and amounts excluded from effectiveness testing. During the three and nine months ended September 29, 2012, losses of $0.2 and $0.3 were recognized in other income (expense), net relating to derivative ineffectiveness and amounts excluded from effectiveness testing.
Schedule of gain (loss) recognized in ''Other income (expense), net'' of derivative financial instruments not designated in cash flow hedging relationships |
|  | Three months ended |  | Nine months ended |
|  | September 28, |  | September 29, |  | September 28, |  | September 29, |
|  | 2013 |  | 2012 |  | 2013 |  | 2012 |
FX forward contracts |  | $ | 0.9 |  | $ | 1.8 |  | $ | (1.0 | ) | $ | 2.0 |
FX embedded derivatives |  | (0.8 | ) | (1.8 | ) | 4.9 |  | (3.1 | )
|  | $ | 0.1 |  | $ | — |  | $ | 3.9 |  | $ | (1.1 | )
FX forward contracts |
Derivative financial instruments |
Summary of fair value of derivative instruments and the balance sheet classification |
|  | September 28, |  | December 31, |
|  | 2013 |  | 2012 |
Designated as hedging instruments: |  |  |  |  |
Other current assets |  | $ | 0.1 |  | $ | 0.1 |
Accrued expenses |  | — |  | (0.3 | )
|  | 0.1 |  | (0.2 | )
Not designated as hedging instruments: |  |  |  |  |
Other current assets |  | 0.4 |  | 0.1 |
Accrued expenses |  | (0.5 | ) | (0.1 | )
|  | (0.1 | ) | — |
Net fair value of FX forward contracts in balance sheets |  | $ | — |  | $ | (0.2 | )
FX embedded derivatives |
Derivative financial instruments |
Summary of fair value of derivative instruments and the balance sheet classification |
|  | September 28, |  | December 31, |
Balance Sheet Classification |  | 2013 |  | 2012 |
Other current assets |  | $ | 0.6 |  | $ | 0.3 |
Other noncurrent assets |  | 0.8 |  | — |
Accrued expenses |  | (6.1 | ) | (0.9 | )
Other long-term liabilities |  | (0.6 | ) | (9.8 | )
|  | $ | (5.3 | ) | $ | (10.4 | )

X
- Definition Tabular disclosure of derivative and other financial assets and liabilities that are subject to offsetting, including master netting arrangements. + References No definition available. + Details
Name: | spw_OffsettingAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | spw_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of amount recognized in accumulated other comprehensive income (loss) before tax, resulting from derivative financial instruments designated as cash flow hedges. + References No definition available. + Details
Name: | spw_ScheduleOfAmountRecognizedInAccumulatedOtherComprehensiveIncomeLossResultingFromDerivativeInstrumentsDesignatedAsCashFlowHedgesBeforeTaxTableTextBlock
Namespace Prefix: | spw_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of amount related to derivative financial instruments designated as cash flow hedges before tax, reclassified from accumulated other comprehensive income (loss) into earnings. + References No definition available. + Details
Name: | spw_ScheduleOfAmountRelatedToDerivativeInstrumentsDesignatedAsCashFlowHedgesBeforeTaxReclassifiedFromAccumulatedOtherComprehensiveIncomeLossIntoEarningsTableTextBlock
Namespace Prefix: | spw_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for other derivative instruments not designated as hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration