Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2019

Revenue Recognition

Schedule of disaggregation of revenue

	For the three months ended March 31, 2019
			(in millions)
Distribution Channel	Americas		Europe		APMEA		Consolidated
Wholesale	$	145.6	$	79.5	$	12.6	$	237.7
OEM		20.8		36.0		0.5		57.3
Specialty		76.1		—		0.4		76.5
DIY		16.4		0.8		—		17.2
Total	$	258.9	$	116.3	$	13.5	$	388.7
	For the three months ended March 31, 2019
			(in millions)
Principal Product Line	Americas		Europe		APMEA		Consolidated
Residential & Commercial Flow Control	$	147.4	$	45.4	$	10.7	$	203.5
HVAC and Gas Products		68.7		48.5		2.1		119.3
Drainage and Water Re-use Products		18.1		21.9		0.5		40.5
Water Quality Products		24.7		0.5		0.2		25.4
Total	$	258.9	$	116.3	$	13.5	$	388.7

	For the three months ended April 1, 2018
			(in millions)
Distribution Channel	Americas		Europe		APMEA		Consolidated
Wholesale	$	136.6	$	82.7	$	13.9	$	233.2
OEM		19.1		39.5		0.5		59.1
Specialty		67.6		—		—		67.6
DIY		17.8		0.8		—		18.6
Total	$	241.1	$	123.0	$	14.4	$	378.5
	For the three months ended April 1, 2018
			(in millions)
Principal Product Line	Americas		Europe		APMEA		Consolidated
Residential & Commercial Flow Control	$	139.9	$	47.2	$	9.5	$	196.6
HVAC and Gas Products		62.5		53.9		4.3		120.7
Drainage and Water Re-use Products		16.5		21.6		0.3		38.4
Water Quality Products		22.2		0.3		0.3		22.8
Total	$	241.1	$	123.0	$	14.4	$	378.5

Schedule of contract assets and contract liabilities

	Contract		Contract		Contract
	Assets		Liabilities - Current		Liabilities - Noncurrent
			(in millions)
Balance - January 1, 2019	$	1.0	$	11.3	$	2.7
Change in period		(0.7)		0.1		—
Balance - March 31, 2019	$	0.3	$	11.4	$	2.7
Balance - January 1, 2018	$	0.6	$	11.3	$	2.1
Change in period		1.1		0.2		0.3
Balance - April 1, 2018	$	1.7	$	11.5	$	2.4