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INFORMATION ON REPORTABLE SEGMENTS (Tables)
3 Months Ended
Apr. 01, 2017
Segment Reporting [Abstract]  
Schedule of financial data for reportable segments and other operating segments
Financial data for our reportable segments for the three months ended April 1, 2017 and April 2, 2016 are presented below:
 
Three months ended
 
April 1,
2017
 
April 2,
2016
Revenues:(1)
 

 
 

HVAC segment
$
110.1

 
$
111.6

Detection and Measurement segment
53.6

 
55.4

Engineered Solutions segment
176.9

 
193.6

Consolidated revenues
$
340.6

 
$
360.6

 
 
 
 
Income:
 

 
 

HVAC segment
$
16.5

 
$
15.9

Detection and Measurement segment
11.2

 
11.0

Engineered Solutions segment
6.6

 
2.9

Total income for segments
34.3

 
29.8

 
 
 
 
Corporate expense
(11.4
)
 
(11.4
)
Long-term incentive compensation expense
(3.2
)
 
(2.7
)
Pension and postretirement expense
(1.4
)
 
(1.0
)
Special charges, net
(0.5
)
 
(0.5
)
Impairment of intangible assets

 
(4.0
)
Gain on sale of dry cooling business

 
17.9

 
 
 
 
Consolidated operating income
$
17.8

 
$
28.1

___________________________
(1) 
Under the percentage-of-completion method, we recognized revenues of $78.8 and $104.3 in the three months ended April 1, 2017 and April 2, 2016, respectively. Costs and estimated earnings in excess of billings on uncompleted contracts accounted for under the percentage-of-completion method were $38.1 and $33.9 as of April 1, 2017 and December 31, 2016, 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 $42.8 and $53.3 as of April 1, 2017 and December 31, 2016, respectively, and are reported as a component of ‘‘Accrued expenses’’ in the condensed consolidated balance sheets.