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Basis of Preparation (Tables) | 6 Months Ended
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Jun. 30, 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:
| June 30, 2018
| As Reported |  | Balances without adoption of ASC 606 |  | Effect of adoption Higher (Lower)
Assets |  |  |  |  |
Accounts receivable, net of allowances | $ | 204.4 |  |  | $ | 202.7 |  |  | $ | 1.7 |
Inventories, net | 233.5 |  |  | 255.5 |  |  | (22.0 | )
Unbilled contract revenue | 41.2 |  |  | 29.5 |  |  | 11.7 |
Other current assets | 19.2 |  |  | 19.1 |  |  | 0.1 |
Liabilities |  |  |  |  |
Customer advances and billings in excess of contract revenue | $ | 108.9 |  |  | $ | 123.5 |  |  | $ | (14.6 | )
Other current liabilities | 39.2 |  |  | 37.7 |  |  | 1.5 |
Long-term deferred tax liabilities | 63.4 |  |  | 62.3 |  |  | 1.1 |
Equity |  |  |  |  |
Retained earnings | $ | 384.7 |  |  | $ | 381.2 |  |  | $ | 3.5 |
| For the Three Months Ended June 30, 2018
| As Reported |  | Balances without adoption of ASC 606 |  | Effect of adoption Higher (Lower)
Sales | $ | 319.9 |  |  | $ | 310.6 |  |  | $ | 9.3 |
Cost of sales | 235.4 |  |  | 226.4 |  |  | 9.0 |
Selling, general, and administrative expenses | 55.3 |  |  | 55.0 |  |  | 0.3 |
Income tax expense | 5.0 |  |  | 5.0 |  |  | — |
Net income attributable to Chart Industries, Inc. | 12.3 |  |  | 12.3 |  |  | — |
Net income attributable to Chart Industries, Inc. per common share: |  |  |  |  |
Basic | $ | 0.40 |  |  | $ | 0.40 |  |  | $ | — |
Diluted | $ | 0.38 |  |  | $ | 0.38 |  |  | $ | — |
| For the Six Months Ended June 30, 2018
| As Reported |  | Balances without adoption of ASC 606 |  | Effect of adoption Higher (Lower)
Sales | $ | 599.6 |  |  | $ | 588.4 |  |  | $ | 11.2 |
Cost of sales | 438.0 |  |  | 428.6 |  |  | 9.4 |
Selling, general, and administrative expenses | 109.4 |  |  | 109.2 |  |  | 0.2 |
Income tax expense | 7.3 |  |  | 6.9 |  |  | 0.4 |
Net income attributable to Chart Industries, Inc. | 18.1 |  |  | 16.9 |  |  | 1.2 |
Net income attributable to Chart Industries, Inc. per common share: |  |  |  |  |
Basic | $ | 0.59 |  |  | $ | 0.55 |  |  | $ | 0.04 |
Diluted | $ | 0.57 |  |  | $ | 0.53 |  |  | $ | 0.04 |

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- Definition Tabular disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(b)(6)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305 + Details
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