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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 29, 2019
Jun. 30, 2018
Jun. 29, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Net Sales $ 873.7 $ 959.7 $ 1,727.5 $ 1,838.5
Cost of Sales 639.7 712.3 1,258.9 1,356.2
Gross Profit 234.0 247.4 468.6 482.3
Operating Expenses 142.2 147.8 287.4 294.5
Gain on Divestiture of Businesses (4.2) 0.0 (45.4) 0.0
Impairments 0.0 0.0 10.0 0.0
Total Operating Expenses 138.0 147.8 252.0 294.5
Income from Operations 96.0 99.6 216.6 187.8
Other Expenses, net 0.2 0.4 0.3 0.8
Interest Expense 13.4 14.2 27.0 27.2
Interest Income 1.4 0.6 2.5 0.8
Income Before Taxes 83.8 85.6 191.8 160.6
Provision For Income Taxes 16.4 18.3 37.6 34.0
Net Income 67.4 67.3 154.2 126.6
Less: Net Income Attributable to Noncontrolling Interests 0.8 1.4 1.7 2.3
Net Income Attributable to Regal Beloit Corporation $ 66.6 $ 65.9 $ 152.5 $ 124.3
Earnings Per Share Attributable to Regal Beloit Corporation:        
Basic (in dollars per share) $ 1.56 $ 1.51 $ 3.57 $ 2.83
Assuming Dilution (in dollars per share) $ 1.55 $ 1.50 $ 3.54 $ 2.81
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 42.6 43.8 42.7 44.0
Assuming Dilution (in shares) 43.0 44.1 43.0 44.3