Revenue Recognition (Tables)

3 Months Ended

Mar. 29, 2020

Revenue Recognition

Schedule of disaggregation of revenue

	For the first quarter ended March 29, 2020
			(in millions)
Distribution Channel	Americas		Europe		APMEA		Consolidated
Wholesale	$	147.4	$	75.1	$	9.3	$	231.8
OEM		19.5		34.5		0.2		54.2
Specialty		78.4		—		0.5		78.9
DIY		17.1		0.6		—		17.7
Total	$	262.4	$	110.2	$	10.0	$	382.6
	For the first quarter ended March 29, 2020
			(in millions)
Principal Product Line	Americas		Europe		APMEA		Consolidated
Residential & Commercial Flow Control	$	148.7	$	41.0	$	8.0	$	197.7
HVAC and Gas Products		67.6		44.4		1.6		113.6
Drainage and Water Re-use Products		18.5		23.9		0.3		42.7
Water Quality Products		27.6		0.9		0.1		28.6
Total	$	262.4	$	110.2	$	10.0	$	382.6

	For the first quarter 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 first quarter 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

Schedule of contract assets and contract liabilities

	Contract		Contract		Contract
	Assets		Liabilities - Current		Liabilities - Noncurrent
			(in millions)
Balance - January 1, 2020	$	0.4	$	11.5	$	2.9
Change in period		(0.1)		0.2		(0.1)
Balance - March 29, 2020	$	0.3	$	11.7	$	2.8
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