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Quarterly Financial Information (Notes)
 12 Months Ended
Jan. 02, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information
Quarterly Financial Information
(Unaudited)
(Amounts in Millions, Except per Share Data)
 
1st Quarter
 
2nd Quarter
 
3rd Quarter
 
4th Quarter
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
Net Sales
$
911.7

 
$
801.2

 
$
942.2

 
$
850.4

 
$
882.3

 
$
829.8

 
$
773.5

 
$
775.6

Gross Profit
220.9

 
194.4

 
251.4

 
211.0

 
241.1

 
203.8

 
219.8

 
188.1

Income (Loss) from Operations
63.6

 
69.7

 
103.2

 
87.7

 
100.1

 
74.7

 
(14.1
)
 
(110.6
)
Net Income (Loss)
37.9

 
45.0

 
64.9

 
58.1

 
64.3

 
48.8

 
(18.6
)
 
(115.8
)
Net Income (Loss) Attributable to Regal Beloit Corporation(2), (3)
36.4

 
43.8

 
62.8

 
56.2

 
63.4

 
47.5

 
(19.3
)
 
(116.5
)
Earnings (Loss) per Share Attributable to Regal Beloit Corporation (4):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Basic
0.81

 
0.97

 
1.40

 
1.24

 
1.42

 
1.06

 
(0.43
)
 
(2.61
)
  Assuming Dilution
0.81

 
0.96

 
1.39

 
1.24

 
1.41

 
1.05

 
(0.43
)
 
(2.61
)
Weighted Average Number of Shares Outstanding
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
44.7

 
45.1

 
44.8

 
45.2

 
44.8

 
44.9

 
44.7

 
44.7

Assuming Dilution
45.1

 
45.4

 
45.2

 
45.5

 
45.1

 
45.2

 
44.7

 
44.7

Net Sales (1)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and Industrial Systems
$
456.4

 
$
453.5

 
$
441.0

 
$
479.0

 
$
426.8

 
$
472.3

 
$
370.7

 
$
451.2

  Climate Solutions
280.4

 
285.1

 
286.1

 
303.5

 
264.4

 
290.0

 
210.3

 
256.2

Power Transmission Solutions
174.9

 
62.6

 
215.1

 
67.9

 
191.1

 
67.5

 
192.5

 
68.2

Income (Loss) from Operations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial and Industrial Systems
33.3

 
37.2

 
41.5

 
47.0

 
38.8

 
33.6

 
(59.7
)
 
(84.2
)
  Climate Solutions
33.4

 
26.3

 
43.7

 
33.1

 
40.7

 
33.1

 
28.9

 
7.1

Power Transmission Solutions
(3.1
)
 
6.2

 
18.0

 
7.6

 
20.6

 
8.0

 
16.7

 
(33.5
)
(1) Effective September 28, 2014, the Company reorganized its reportable segments to align with its new management reporting structure and business activities. Prior to this reorganization, the Company was comprised of two reportable segments for financial reporting purposes: Electrical and Mechanical. As a result of this change, the Company is now comprised of three reportable segments: Commercial and Industrial Systems, Climate Solutions and Power Transmission Solutions and previously reported information for prior periods have been restated.
(2) Included in the fourth quarter 2015 results was a goodwill impairment of $79.9 million ($58.1 million after tax).
(3) Included in the fourth quarter 2014 results were goodwill impairments of $118.5 million and asset impairments and other, net of $40.0 million ($146.3 million after tax). A goodwill impairment of $1.0 million was recorded earlier in 2014.
(4) Due to the weighting of both earnings and the weighted average number of shares outstanding, the sum of the quarterly earnings per share may not equal the annual earnings per share.