XML 41 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Statements Of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jul. 02, 2011
Jun. 30, 2012
Jul. 02, 2011
Net Sales $ 863.9 $ 681.8 $ 1,671.8 $ 1,344.4
Cost of Sales 643.8 531.1 1,254.1 1,028.9
Gross Profit 220.1 150.7 417.7 315.5
Operating Expenses 116.8 95.9 235.3 196.6
Income From Operations 103.3 54.8 182.4 118.9
Interest Expense 11.2 4.8 23.0 9.9
Interest Income 0.4 0.4 0.8 0.7
Income Before Taxes 92.5 50.4 160.2 109.7
Provision For Income Taxes 28.2 14.4 46.0 32.9
Net Income 64.3 36.0 114.2 76.8
Less: Net Income Attributable to Noncontrolling Interests 1.6 1.7 2.8 3.6
Net Income Attributable to Regal Beloit Corporation $ 62.7 $ 34.3 $ 111.4 $ 73.2
Earnings Per Share Attributable to Regal Beloit Corporation:        
Basic $ 1.50 $ 0.89 $ 2.68 $ 1.89
Assuming Dilution $ 1.49 $ 0.88 $ 2.65 $ 1.87
Cash Dividends Declared $ 0.19 $ 0.18 $ 0.37 $ 0.35
Weighted Average Number of Shares Outstanding (in millions):        
Basic 41.7 38.7 41.6 38.6
Assuming Dilution 42.0 39.2 42.0 39.2