XML 54 R44.htm IDEA: XBRL DOCUMENT v3.10.0.1
REVENUES FROM CONTRACTS - Statement of Operations and Comprehensive Income (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 9 Months Ended
Sep. 29, 2018
Sep. 30, 2017
Sep. 29, 2018
Sep. 30, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Revenues $ 362.5 $ 348.5 $ 1,093.6 $ 1,038.8
Costs and expenses:        
Cost of products sold 274.8 263.4 818.1 789.5
Selling, general and administrative 71.6 64.4 212.8 203.0
Operating income 13.4 29.7 55.4 54.0
Income from continuing operations before income taxes 8.5 26.8 45.1 38.0
Income tax provision (1.7) (4.8) (6.2) (14.0)
Income from continuing operations 6.8 22.0 38.9 24.0
Net income 6.6 22.3 42.0 30.7
Comprehensive income $ 5.6 $ 41.4 $ 42.4 $ 48.9
Basic income per share of common stock:        
Income (loss) from continuing operations attributable to SPX Corporation common shareholders (in dollars per share) $ 0.16 $ 0.51 $ 0.91 $ 0.56
Income (loss) from discontinued operations attributable to SPX Corporation common shareholders (in dollars per share) (0.01) 0.01 0.07 0.16
Net income (loss) per share attributable to SPX Corporation common shareholders (in dollars per share) 0.15 0.52 0.98 0.72
Diluted income per share of common stock:        
Income (loss) from continuing operations attributable to SPX Corporation common shareholders (in dollars per share) 0.15 0.50 0.87 0.55
Net income (loss) per share attributable to SPX Corporation common shareholders (in dollars per share) $ 0.15 $ 0.51 $ 0.94 $ 0.70
Calculated under Revenue Guidance in Effect before Topic 606        
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Revenues $ 361.9   $ 1,073.4  
Costs and expenses:        
Cost of products sold 275.4   802.2  
Selling, general and administrative 71.7   212.3  
Operating income 12.1   51.6  
Income from continuing operations before income taxes 7.2   41.3  
Income tax provision (1.3)   (5.2)  
Income from continuing operations 5.9   36.1  
Net income 5.7   39.2  
Comprehensive income $ 5.3   $ 40.9  
Basic income per share of common stock:        
Income (loss) from continuing operations attributable to SPX Corporation common shareholders (in dollars per share) $ 0.14   $ 0.84  
Net income (loss) per share attributable to SPX Corporation common shareholders (in dollars per share) 0.13   0.91  
Diluted income per share of common stock:        
Income (loss) from continuing operations attributable to SPX Corporation common shareholders (in dollars per share) 0.13   0.81  
Net income (loss) per share attributable to SPX Corporation common shareholders (in dollars per share) $ 0.13   $ 0.88  
Accounting Standards Update 2014-09 | Difference between Revenue Guidance in Effect before and after Topic 606        
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]        
Revenues $ (0.6)   $ (20.2)  
Costs and expenses:        
Cost of products sold 0.6   (15.9)  
Selling, general and administrative 0.1   (0.5)  
Operating income (1.3)   (3.8)  
Income from continuing operations before income taxes (1.3)   (3.8)  
Income tax provision 0.4   1.0  
Income from continuing operations (0.9)   (2.8)  
Net income (0.9)   (2.8)  
Comprehensive income $ (0.3)   $ (1.5)  
Basic income per share of common stock:        
Income (loss) from continuing operations attributable to SPX Corporation common shareholders (in dollars per share) $ (0.02)   $ (0.07)  
Net income (loss) per share attributable to SPX Corporation common shareholders (in dollars per share) (0.02)   (0.07)  
Diluted income per share of common stock:        
Income (loss) from continuing operations attributable to SPX Corporation common shareholders (in dollars per share) (0.02)   (0.06)  
Net income (loss) per share attributable to SPX Corporation common shareholders (in dollars per share) $ (0.02)   $ (0.06)