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INFORMATION ON REPORTABLE SEGMENTS (Tables)
 9 Months Ended
Oct. 01, 2016
Segment Reporting [Abstract]  
Schedule of financial data for reportable segments and other operating segments
Financial data for our reportable segments for the three and nine months ended October 1, 2016 and September 26, 2015 are presented below:
 
Three months ended
 
Nine months ended
 
October 1,
2016
 
September 26,
2015
 
October 1,
2016
 
September 26,
2015
Revenues: (1)
 

 
 

 
 

 
 

HVAC segment
$
116.9

 
$
142.7

 
$
350.4

 
$
368.7

Detection and Measurement segment
52.3

 
55.9

 
167.8

 
166.0

Power segment (2)
216.0

 
175.5

 
669.2

 
675.1

Consolidated revenues
$
385.2

 
$
374.1

 
$
1,187.4

 
$
1,209.8

 
 
 
 
 
 
 
 
Income (Loss):
 

 
 

 
 

 
 

HVAC segment
$
15.6

 
$
23.5

 
$
48.6

 
$
49.4

Detection and Measurement segment
7.8

 
8.3

 
30.9

 
27.4

Power segment (2)
(2.2
)
 
(96.5
)
 
(9.5
)
 
(106.3
)
Total income (loss) for segments
21.2

 
(64.7
)
 
70.0

 
(29.5
)
 
 
 
 
 
 
 
 
Corporate expense
(9.2
)
 
(27.6
)
 
(28.3
)
 
(84.5
)
Long-term incentive compensation expense
(4.2
)
 
(5.5
)
 
(10.5
)
 
(30.5
)
Pension and postretirement expense
(0.9
)
 
(7.4
)
 
(4.7
)
 
(8.4
)
Special charges, net
(1.5
)
 
(8.4
)
 
(3.8
)
 
(14.0
)
Impairment of intangible assets
—

 
—

 
(4.0
)
 
—

Gain on sale of dry cooling business
1.7

 
—

 
18.4

 
—

 
 
 
 
 
 
 
 
Consolidated operating income (loss)
$
7.1

 
$
(113.6
)
 
$
37.1

 
$
(166.9
)
___________________________
(1) 
Under the percentage-of-completion method, we recognized revenues of $111.0 and $78.8 in the three months ended October 1, 2016 and September 26, 2015, respectively. For the nine months ended October 1, 2016 and September 26, 2015, revenues under the percentage-of-completion method were $347.6 and $325.1, respectively. Costs and estimated earnings in excess of billings on uncompleted contracts accounted for under the percentage-of-completion method were $91.3 and $106.3 as of October 1, 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 $75.8 and $116.3 as of October 1, 2016 and December 31, 2015, respectively, and are reported as a component of ‘‘Accrued expenses’’ in the condensed consolidated balance sheets.
(2) 
As further discussed in Note 13, during the three months ended September 26, 2015, we made revisions to our estimates of expected revenues and profits on our large power projects in South Africa. As a result of these revisions, we reduced revenue and segment income by $57.2 and $95.0, respectively, during the three and nine months ended September 26, 2015.