GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

3 Months Ended

Apr. 04, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Carrying Amounts of Intangible Assets

The carrying amounts of the Company’s intangible assets are as follows:

(In millions)	April 4, 2015					January 3, 2015
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortized intangibles:
Patents	$	7.5	$	(6.1	)	$	7.6	$	(6.1	)
Supply agreements	4.4		(4.4		)	4.4		(4.4		)
Technology	7.5		(4.4		)	7.5		(4.3		)
Customer relationships	137.1		(37.6		)	140.2		(36.5		)
Software	2.7		(1.7		)	2.9		(1.7		)
Other	1.0		(1.0		)	1.2		(1.2		)
Total	$	160.2	$	(55.2	)	$	163.8	$	(54.2	)
Unamortized intangibles:
Trade names	48.5		—			50.7		—
Total intangibles	$	208.7	$	(55.2	)	$	214.5	$	(54.2	)

Schedule of Amortization Expense

Amortization expense for each of the five succeeding years is projected as follows:

(In millions)	2015		2016		2017		2018		2019
	$	8.7	$	8.7	$	8.5	$	8.5	$	8.2

Schedule of Change in the Carrying Amount of Goodwill by Reporting Segment

The change in the carrying amount of goodwill by reporting segment for the first quarter ended April 4, 2015, is as follows:

(In millions)
	Water Systems			Fueling Systems			Consolidated
Balance as of January 3, 2015	$	145.3		$	63.5		$	208.8
Acquisitions	0.1			—			0.1
Foreign currency translation	(4.6		)	(0.2		)	(4.8		)
Balance as of April 4, 2015	$	140.8		$	63.3		$	204.1