XML 50 R30.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Discontinued Operations and Other Dispositions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2017
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |
Schedule of major classes of assets and liabilities, excluding intercompany balances, of businesses reported as discontinued operations | For the years ended December 31, 2017, 2016 and 2015, results of operations from our businesses reported as discontinued operations were as follows:
| Year ended December 31,
| 2017 |  | 2016 |  | 2015 (1)
Balcke Dürr |  |  |  |  |
Loss from discontinued operations | $ | (2.6 | ) |  | $ | (107.0 | ) |  | $ | (48.7 | )
Income tax benefit | 9.4 |  |  | 11.8 |  |  | 9.1 |
Income (loss) from discontinued operations, net | 6.8 |  |  | (95.2 | ) |  | (39.6 | )
SPX FLOW |  |  |  |  |
Income from discontinued operations | — |  |  | — |  |  | 122.4 |
Income tax provision | — |  |  | — |  |  | (43.0 | )
Income from discontinued operations, net | — |  |  | — |  |  | 79.4 |
All other |  |  |  |  |
Loss from discontinued operations | (4.0 | ) |  | (3.7 | ) |  | (8.6 | )
Income tax benefit | 2.5 |  |  | 1.0 |  |  | 3.4 |
Loss from discontinued operations, net | (1.5 | ) |  | (2.7 | ) |  | (5.2 | )
Total |  |  |  |  |
Income (loss) from discontinued operations | (6.6 | ) |  | (110.7 | ) |  | 65.1 |
Income tax (provision) benefit | 11.9 |  |  | 12.8 |  |  | (30.5 | )
Income (loss) from discontinued operations, net | $ | 5.3 |  |  | $ | (97.9 | ) |  | $ | 34.6 |
(1) | For SPX FLOW, represents financial results through the date of Spin-Off (i.e., the nine months ended September 26, 2015), except for a revision to increase the income tax provision by $1.4 that was recorded during the fourth quarter of 2015.
The following table presents selected financial information for SPX FLOW that is included within discontinued operations in the consolidated statement of cash flows for the year ended December 31, 2015(1):
Non-cash items included in income from discontinued operations, net of tax |
Depreciation and amortization | $ | 44.3 |
Impairment of intangible assets | 15.0 |
Capital expenditures | 43.1 |
(1) | Represents financial results for SPX FLOW through the date of Spin-Off (i.e., the nine months ended September 26, 2015).
Schedule of income (loss) from discontinued operations and related income taxes | Major classes of line items constituting pre-tax income and after-tax income of SPX FLOW for the year ended December 31, 2015 (1) are shown below:
Revenues | $ | 1,775.1 |
Costs and expenses: |  |
Costs of products sold | 1,179.3 |
Selling, general and administrative (2) | 368.2 |
Intangible amortization | 17.7 |
Impairment of intangible assets | 15.0 |
Special charges | 41.2 |
Other income, net | 1.3 |
Interest expense, net | (32.6 | )
Income before taxes | 122.4 |
Income tax provision | (43.0 | )
Income from discontinued operations | 79.4 |
Less: Net loss attributable to noncontrolling interest | (0.9 | )
Income from discontinued operations attributable to common shareholders | $ | 80.3 |
(1) | Represents financial results for SPX FLOW through the date of Spin-Off (i.e., the nine months ended September 26, 2015), except for a revision to increase the income tax provision by $1.4 that was recorded during the fourth quarter of 2015.
(2) | Includes $30.8 of professional fees and other costs that were incurred in connection with the Spin-Off.
Balcke Durr |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] |
Schedule of major classes of assets and liabilities, excluding intercompany balances, of businesses reported as discontinued operations | Major classes of line items constituting pre-tax loss and after-tax loss of Balcke Dürr for the years ended December 31, 2016 and 2015 are shown below:
| Year ended December 31,
| 2016 |  | 2015
Revenues | $ | 153.4 |  |  | $ | 160.3 |
Costs and expenses: |  |  |
Costs of products sold | 144.2 |  |  | 143.8 |
Selling, general and administrative | 31.4 |  |  | 37.9 |
Impairment of goodwill | — |  |  | 13.7 |
Special charges (credits), net | (1.3 | ) |  | 12.7 |
Other expense | (0.2 | ) |  | (0.9 | )
Loss before taxes | (21.1 | ) |  | (48.7 | )
Income tax benefit | 4.5 |  |  | 9.1 |
Loss from discontinued operations | $ | (16.6 | ) |  | $ | (39.6 | )
The following table presents selected financial information for Balcke Dürr that is included within discontinued operations in the consolidated statements of cash flows for the years ended December 31, 2016 and 2015:
| Year ended December 31,
| 2016 |  | 2015
Non-cash items included in income (loss) from discontinued operations, net of tax |  |  |
Depreciation and amortization | $ | 2.0 |  |  | $ | 2.2 |
Impairment of goodwill | — |  |  | 13.7 |
Capital expenditures | 0.7 |  |  | 1.9 |

X
- Definition Tabular disclosure of the income (loss) from discontinued operations and the related income taxes. + References No definition available. + Details
Name: | spxc_ScheduleOfIncomeLossFromDiscontinuedOperationsAndCalculatedIncomeTaxesTableTextBlock
Namespace Prefix: | spxc_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 + Details
Name: | us-gaap_ScheduleOfDisposalGroupsIncludingDiscontinuedOperationsIncomeStatementBalanceSheetAndAdditionalDisclosuresTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_IncomeStatementBalanceSheetAndAdditionalDisclosuresByDisposalGroupsIncludingDiscontinuedOperationsAxis=spxc_BalckeDurrBusinessMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |