XML 98 R82.htm IDEA: XBRL DOCUMENT v3.20.4
Segment Information (Details)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2020
USD ($)
Sep. 27, 2020
USD ($)
Jun. 28, 2020
USD ($)
Mar. 29, 2020
USD ($)
Dec. 31, 2019
USD ($)
Sep. 29, 2019
USD ($)
Jun. 30, 2019
USD ($)
Mar. 31, 2019
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2020
USD ($)
segment
Dec. 31, 2020
USD ($)
item
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Segment information                          
Number of geographic segments                   3 3    
Net sales $ 403.4 $ 383.9 $ 338.7 $ 382.6 $ 400.3 $ 394.7 $ 416.8 $ 388.7 $ 1,508.6     $ 1,600.5 $ 1,564.9
Operating income                 181.1     197.1 188.4
Interest income                 (0.2)     (0.4) (0.8)
Interest expense                 13.3     14.1 16.3
Other expense (income), net                 1.0     (0.5) (1.7)
INCOME BEFORE INCOME TAXES                 167.0     183.9 174.6
Capital expenditures                 43.8     29.2 35.9
Depreciation and amortization                 46.5     46.6 48.5
Identifiable assets (at end of period) 1,738.2       1,723.1       1,738.2 $ 1,738.2 $ 1,738.2 1,723.1 1,653.7
Property, plant and equipment, net (at end of period) 212.3       200.0       212.3 212.3 212.3 200.0 201.9
Residential & Commercial Flow Control                          
Segment information                          
Net sales                 786.5     827.5  
HVAC & Gas Products                          
Segment information                          
Net sales                 459.6     498.0  
Drainage & Water Re-use Products                          
Segment information                          
Net sales                 156.3     172.4  
Water Quality Products                          
Segment information                          
Net sales                 106.2     102.6  
U.S.                          
Segment information                          
Net sales                 956.5     1,014.0 964.2
Property, plant and equipment, net (at end of period) 118.9       112.6       118.9 118.9 118.9 112.6 111.0
Reportable segments                          
Segment information                          
Operating income                 220.0     244.2 228.1
Corporate                          
Segment information                          
Operating income                 (38.9)     (47.1) (39.7)
Intersegment sales                          
Segment information                          
Net sales                 99.0     95.0 115.3
Americas                          
Segment information                          
Net sales                 1,025.7     1,084.1 1,032.1
Capital expenditures                 31.2     18.3 21.5
Depreciation and amortization                 29.7     29.3 29.1
Identifiable assets (at end of period) 1,075.1       1,102.9       1,075.1 1,075.1 1,075.1 1,102.9 1,028.1
Property, plant and equipment, net (at end of period) 122.9       116.7       122.9 122.9 122.9 116.7 115.0
Americas | Residential & Commercial Flow Control                          
Segment information                          
Net sales                 584.6     610.5  
Americas | HVAC & Gas Products                          
Segment information                          
Net sales                 263.9     294.6  
Americas | Drainage & Water Re-use Products                          
Segment information                          
Net sales                 75.8     80.2  
Americas | Water Quality Products                          
Segment information                          
Net sales                 101.4     98.8  
Americas | Reportable segments                          
Segment information                          
Operating income                 166.3     187.4 171.1
Americas | Intersegment sales                          
Segment information                          
Net sales                 8.7     12.1 12.7
Europe                          
Segment information                          
Net sales                 424.9     451.0 467.0
Capital expenditures                 11.4     10.3 12.7
Depreciation and amortization                 14.3     14.6 16.7
Identifiable assets (at end of period) 537.2       515.2       537.2 537.2 537.2 515.2 510.2
Property, plant and equipment, net (at end of period) 83.8       77.5       83.8 83.8 83.8 77.5 80.0
Europe | Residential & Commercial Flow Control                          
Segment information                          
Net sales                 157.8     171.3  
Europe | HVAC & Gas Products                          
Segment information                          
Net sales                 184.0     188.2  
Europe | Drainage & Water Re-use Products                          
Segment information                          
Net sales                 79.4     88.8  
Europe | Water Quality Products                          
Segment information                          
Net sales                 3.7     2.7  
Europe | Reportable segments                          
Segment information                          
Operating income                 50.2     49.9 49.8
Europe | Intersegment sales                          
Segment information                          
Net sales                 18.9     15.2 14.2
APMEA                          
Segment information                          
Net sales                 58.0     65.4 65.8
Capital expenditures                 1.2     0.6 1.7
Depreciation and amortization                 2.5     2.7 2.7
Identifiable assets (at end of period) 125.9       105.0       125.9 125.9 125.9 105.0 115.4
Property, plant and equipment, net (at end of period) $ 5.6       $ 5.8       5.6 $ 5.6 $ 5.6 5.8 6.9
APMEA | Residential & Commercial Flow Control                          
Segment information                          
Net sales                 44.1     45.7  
APMEA | HVAC & Gas Products                          
Segment information                          
Net sales                 11.7     15.2  
APMEA | Drainage & Water Re-use Products                          
Segment information                          
Net sales                 1.1     3.4  
APMEA | Water Quality Products                          
Segment information                          
Net sales                 1.1     1.1  
APMEA | Reportable segments                          
Segment information                          
Operating income                 3.5     6.9 7.2
APMEA | Intersegment sales                          
Segment information                          
Net sales                 $ 71.4     $ 67.7 $ 88.4