XML 43 R33.htm IDEA: XBRL DOCUMENT v3.4.0.3
INFORMATION ON REPORTABLE SEGMENTS (Details)
$ in Millions
3 Months Ended 9 Months Ended
Apr. 02, 2016
USD ($)
country
segment
Mar. 28, 2015
USD ($)
Sep. 16, 2015
segment
Dec. 31, 2015
USD ($)
Information on reportable segments and other operating segments        
Number of reportable segments | segment 3   2  
Revenues:        
Revenues [1] $ 389.3 $ 376.3    
Revenues recognized under percentage of completion method 126.0 125.4    
Income        
Pension and postretirement expense (3.9) (6.0)    
Special charges, net (0.3) (2.8)    
Impairment of intangible assets (4.0) 0.0    
Gain on sale of dry cooling business 17.9 0.0    
Consolidated operating income (loss) 20.3 (44.6)    
Assets        
Costs and estimated earnings in excess of billings 90.6     $ 106.3
Liabilities        
Billings in excess of costs and estimated earnings on uncompleted contracts reported as a component of accrued expenses 85.4     $ 116.3
Reportable and other operating segments        
Income        
Consolidated operating income (loss) 21.4 10.4    
Corporate        
Income        
Corporate expense (10.9) (30.7)    
Segment Reconciling Items        
Income        
Long-term incentive compensation expense (2.8) (21.0)    
Pension and postretirement expense (1.0) (0.5)    
Special charges, net (0.3) (2.8)    
Impairment of intangible assets (4.0) 0.0    
Gain on sale of dry cooling business 17.9 0.0    
HVAC segment        
Revenues:        
Revenues [1] 111.6 107.7    
Income        
Special charges, net 0.0 (1.4)    
HVAC segment | Reportable and other operating segments        
Income        
Consolidated operating income (loss) 15.9 12.9    
Detection and Measurement segment        
Revenues:        
Revenues [1] 55.4 51.9    
Income        
Special charges, net (0.2) (0.5)    
Detection and Measurement segment | Reportable and other operating segments        
Income        
Consolidated operating income (loss) 11.0 8.9    
Power segment        
Revenues:        
Revenues [1] 222.3 216.7    
Income        
Special charges, net (0.1) (0.9)    
Power segment | Reportable and other operating segments        
Income        
Consolidated operating income (loss) $ (5.5) $ (11.4)    
Minimum        
Information on reportable segments and other operating segments        
Number of countries in which entity operates (over 20 countries) | country 20      
Number of countries in which entity sells its products and services (over 100 countries) | country 100      
[1] Under the percentage-of-completion method, we recognized revenues of $126.0 and $125.4 in the three months ended April 2, 2016 and March 28, 2015, respectively. Costs and estimated earnings in excess of billings on uncompleted contracts accounted for under the percentage-of-completion method were $90.6 and $106.3 as of April 2, 2016 and December 31, 2015, respectively, and are reported as a component of ‘‘Accounts receivable, net’’ in the condensed consolidated balance sheets. Billings in excess of costs and estimated earnings on uncompleted contracts accounted for under the percentage-of-completion method were $85.4 and $116.3 as of April 2, 2016 and December 31, 2015, respectively, and are reported as a component of ‘‘Accrued expenses’’ in the condensed consolidated balance sheets.