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Total Equity(Tables)
6 Months Ended
Jun. 30, 2015
Stockholders' Equity Note [Abstract]  
Schedule of Stockholders Equity
Total equity is comprised of the following (in millions, except per share amounts):
 
June 30, 2015

December 31, 2014

Common stock, $.01 par value:
 

 

   Class A - authorized 50.0 shares; issued and outstanding 7.2 and 7.2 shares
$
0.1

$
0.1

   Class B - authorized 150.0 shares; issued and outstanding 50.7 and 51.3 shares
0.5

0.5

Additional paid-in-capital
76.3

146.7

Retained earnings
2,021.6

1,944.1

Accumulated other comprehensive loss:
 

 

   Pension and post retirement benefit plan adjustment, net of tax
(121.2
)
(124.7
)
   Cumulative translation adjustment
(50.1
)
(39.9
)
   Unrealized gain on investment, net of tax
0.2

0.3

   Cash flow hedge gain, net of tax


Total Accumulated other comprehensive loss
(171.1
)
(164.3
)
Hubbell shareholders’ equity
1,927.4

1,927.1

Noncontrolling interest
9.1

8.6

TOTAL EQUITY
$
1,936.5

$
1,935.7


 
A summary of the changes in equity for the six months ended June 30, 2015 and 2014 is provided below (in millions):
 
Six Months Ended June 30,
 
2015
2014
 
Hubbell
Shareholders’
Equity

Noncontrolling
interest

Total Equity

Hubbell
Shareholders’
Equity

Noncontrolling
interest

Total Equity

EQUITY, JANUARY 1
$
1,927.1

$
8.6

$
1,935.7

$
1,906.4

$
8.4

$
1,914.8

Total comprehensive income
135.7

2.2

137.9

167.6

1.7

169.3

Stock-based compensation
7.0


7.0

6.3


6.3

Exercise of stock options



0.7


0.7

Income tax windfall from stock-based awards, net
1.6


1.6

6.2


6.2

Repurchase/surrender of common shares
(79.3
)

(79.3
)
(31.1
)

(31.1
)
Issuance of shares related to directors’ deferred compensation
0.2


0.2

0.5


0.5

Dividends to noncontrolling interest

(1.7
)
(1.7
)

(1.3
)
(1.3
)
Cash dividends declared
(64.9
)

(64.9
)
(59.2
)

(59.2
)
EQUITY, JUNE 30
$
1,927.4

$
9.1

$
1,936.5

$
1,997.4

$
8.8

$
2,006.2