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Business Combinations (Tables)
 9 Months Ended
Sep. 30, 2018
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired In Business Combination
The following table summarizes the estimated fair values of the assets acquired and liabilities assumed in the Hudson acquisition, including the post-closing adjustments:
 
September 30, 2018
 
Adjustments
 
As previously reported June 30, 2018
Net assets acquired:
 
 
 
 
 
Goodwill
$
233.0

 
$
(5.3
)
 
$
238.3

Identifiable intangible assets
211.0

 
—

 
211.0

Accounts receivable
34.6

 
—

 
34.6

Property, plant and equipment
29.4

 
—

 
29.4

Inventories
26.5

 
—

 
26.5

Other current assets
8.1

 
—

 
8.1

Unbilled contract revenue
4.9

 
—

 
4.9

Other assets
2.7

 
(0.2
)
 
2.9

Prepaid expenses
0.9

 
—

 
0.9

Deferred tax liabilities
(80.0
)
 
7.6

 
(87.6
)
Accounts payable
(21.2
)
 
—

 
(21.2
)
Customer advances and billings in excess of contract revenue
(17.4
)
 
—

 
(17.4
)
Accrued salaries, wages and benefits
(4.4
)
 
—

 
(4.4
)
Other current liabilities
(4.4
)
 
(0.6
)
 
(3.8
)
Other long-term liabilities
(3.4
)
 
(1.5
)
 
(1.9
)
Current portion of warranty reserve
(0.8
)
 
—

 
(0.8
)
    Net assets acquired
$
419.5

f
$
—

 
$
419.5
Identifiable Intangible Assets Acquired
Information regarding identifiable intangible assets acquired in the Hudson acquisition is presented below:
 
Weighted-average Estimated Useful Life
 
Estimated Asset Fair Value
Finite-lived intangible assets:
 
 
 
Customer relationships
13 years
 
$
122.1

Unpatented technology
10 years
 
18.3

Customer backlog
2 years
 
1.3

Total finite-lived intangible assets acquired
12 years
 
141.7

Indefinite-lived intangible assets:
 
 
 
Trademarks and trade names
 
 
69.3

Total identifiable intangible assets acquired
 
 
$
211.0
Pro Forma Disclosures
The following table presents pro forma sales, net income attributable to the Company, and net income attributable to the Company per common share data assuming Hudson was acquired before the beginning of the 2017 fiscal year, and assuming effective tax rates of 35%:
 
Three Months Ended September 30, 2017
 
Nine Months Ended September 30, 2017
Pro forma sales
$
244.6

 
$
714.8

Pro forma net income attributable to Chart Industries, Inc.
3.6

 
4.5

 
 
 
 
Pro forma net income attributable to Chart Industries, Inc. per common share, basic
$
0.12

 
$
0.15

Pro forma net income attributable to Chart Industries, Inc. per common share, diluted
$
0.11

 
$
0.14