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AQUISITIONS AND DISCONTINUED OPERATIONS (Tables) | 9 Months Ended
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Sep. 29, 2018
Discontinued Operations and Disposal Groups [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following is a summary of the recorded preliminary fair values of the assets acquired and liabilities assumed for Cues as of June 7, 2018:
Assets acquired: |  |
Current assets, including cash and equivalents of $20.6 |  | $ | 72.8 |
Property, plant and equipment |  | 7.4 |
Goodwill |  | 46.6 |
Intangible assets |  | 79.5 |
Other assets |  | 2.7 |
Total assets acquired |  | 209.0 |
Current liabilities assumed |  | 8.4 |
Non-current liabilities assumed |  | 13.8 |
Net assets acquired |  | $ | 186.8 |
Business Acquisition, Pro Forma Information | The following unaudited pro forma information presents our results of operations for the three and nine months ended September 29, 2018 and September 30, 2017, respectively, as if the acquisition of Cues had taken place on January 1, 2017. The unaudited pro forma financial information is not intended to represent or be indicative of our consolidated results of operations that would have been reported had the acquisition been completed as of the date presented, and should not be taken as representative of our future consolidated results of operations. The pro forma results include estimates and assumptions that management believes are reasonable; however, these results do not include any anticipated cost savings or expenses of the planned integration of Cues. These pro forma results of operations have been prepared for comparative purposes only and include additional interest expense on the borrowings required to finance the acquisition, additional depreciation and amortization expense associated with fair value adjustments to the acquired property, plant and equipment and intangible assets, the removal of charges associated with the excess fair value (over historical cost) of inventory acquired and subsequently sold, the removal of professional fees incurred in connection with the transaction, and the related income tax effects.
| Three months ended |  | Nine months ended
| September 29, 2018 |  | September 30, 2017 |  | September 29, 2018 |  | September 30, 2017
Revenues | $ | 362.5 |  |  | $ | 369.9 |  |  | $ | 1,127.7 |  |  | $ | 1,102.2 |
Income from continuing operations | 9.4 |  |  | 22.5 |  |  | 45.4 |  |  | 26.8 |
Net income | 9.2 |  |  | 22.8 |  |  | 48.5 |  |  | 33.5 |
Income from continuing operations per share of common stock: |  |  |  |  |  |  |
Basic | $ | 0.22 |  |  | $ | 0.53 |  |  | $ | 1.06 |  |  | $ | 0.63 |
Diluted | $ | 0.21 |  |  | $ | 0.51 |  |  | $ | 1.02 |  |  | $ | 0.61 |
Net income per share of common stock: |  |  |  |  |  |  |
Basic | $ | 0.21 |  |  | $ | 0.54 |  |  | $ | 1.13 |  |  | $ | 0.79 |
Diluted | $ | 0.20 |  |  | $ | 0.52 |  |  | $ | 1.09 |  |  | $ | 0.77 |
Schedule of disposal groups, including discontinued operations, income statement, balance sheet and additional disclosures | For the three and nine months ended September 29, 2018 and September 30, 2017, the table below presents a reconciliation of discontinued operations activity to the related amounts in the condensed consolidated statements of operations:
| Three months ended |  | Nine months ended
| September 29, 2018 |  | September 30, 2017 |  | September 29, 2018 |  | September 30, 2017
Balcke Dürr |  |  |  |  |  |  |
Income (loss) from discontinued operations | $ | — |  |  | $ | — |  |  | $ | 6.3 |  |  | $ | (2.6 | )
Income tax (provision) benefit | — |  |  | — |  |  | (2.5 | ) |  | 9.4 |
Income from discontinued operations, net | — |  |  | — |  |  | 3.8 |  |  | 6.8 |
All other |  |  |  |  |  |  |
Loss from discontinued operations | (0.3 | ) |  | (0.1 | ) |  | (1.0 | ) |  | (1.0 | )
Income tax benefit | 0.1 |  |  | 0.4 |  |  | 0.3 |  |  | 0.9 |
Income (loss) from discontinued operations, net | (0.2 | ) |  | 0.3 |  |  | (0.7 | ) |  | (0.1 | )
Total |  |  |  |  |  |  |
Income (loss) from discontinued operations | (0.3 | ) |  | (0.1 | ) |  | 5.3 |  |  | (3.6 | )
Income tax (provision) benefit | 0.1 |  |  | 0.4 |  |  | (2.2 | ) |  | 10.3 |
Income (loss) from discontinued operations, net | $ | (0.2 | ) |  | $ | 0.3 |  |  | $ | 3.1 |  |  | $ | 6.7 |

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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