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Basis of Preparation (Tables)
 3 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Summary of Current Period Impacts of Adopting ASC 606
The following table summarizes the cumulative effect of the changes to our unaudited condensed consolidated balance sheet as of January 1, 2018 from the adoption of ASC 606:
 
Balance at December 31, 2017
 
Adjustments due to ASC 606
 
Balance at January 1, 2018
Assets
 
 
 
 
 
Inventories, net
$
208.9

 
$
(11.6
)
 
$
197.3

Unbilled contract revenue
37.0

 
6.5

 
43.5

Prepaid expenses
15.4

 
(1.6
)
 
13.8

 
 
 
 
 
 
Liabilities
 
 
 
 
 
Accounts payable
$
113.9

 
$
0.2

 
$
114.1

Customer advances and billings in excess of contract revenue
110.2

 
(9.9
)
 
100.3

Other current liabilities
41.4

 
0.1

 
41.5

Long-term deferred tax liabilities
62.5

 
0.6

 
63.1

 
 
 
 
 
 
Equity
 
 
 
 
 
Retained earnings
$
364.3

 
$
2.3

 
$
366.6

The following tables summarize the current period impacts of adopting ASC 606 on our unaudited condensed consolidated balance sheet and statement of operations:
 
March 31, 2018
 
As Reported
 
Balances without adoption of ASC 606
 
Effect of adoption
Higher (Lower)
Assets
 
 
 
 
 
Accounts receivable, net of allowances
$
207.3

 
$
206.0

 
$
1.3

Inventories, net
223.1

 
233.8

 
(10.7
)
Unbilled contract revenue
37.7

 
30.3

 
7.4

Prepaid expenses
16.7

 
19.3

 
(2.6
)
Other current assets
22.4

 
22.3

 
0.1

 
 
 
 
 
 
Liabilities
 
 
 
 
 
Customer advances and billings in excess of contract revenue
$
114.7

 
$
125.1

 
$
(10.4
)
Other current liabilities
32.4

 
31.2

 
1.2

Long-term deferred tax liabilities
62.9

 
61.9

 
1.0

 
 
 
 
 
 
Equity
 
 
 
 
 
Retained earnings
$
372.4

 
$
368.9

 
$
3.5

 
For the Three Months Ended March 31, 2018
 
As Reported
 
Balances without adoption of ASC 606
 
Effect of adoption
Higher (Lower)
Sales
$
279.7

 
$
277.8

 
$
1.9

Cost of sales
202.6

 
202.2

 
0.4

Selling, general, and administrative expenses
54.1

 
54.2

 
(0.1
)
Income tax expense
2.3

 
1.9

 
0.4

Net income attributable to Chart Industries, Inc.
5.8

 
4.6

 
1.2

 
 
 
 
 
 
Net income attributable to Chart Industries, Inc. per common share:
 
 
 
 
 
Basic
$
0.19

 
$
0.15

 
$
0.04

Diluted
$
0.18

 
$
0.14

 
$
0.04