Quarterly Financial Information (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions |
3 Months Ended | 12 Months Ended | |||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Dec. 28, 2019 |
Sep. 28, 2019 |
Jun. 29, 2019 |
Mar. 30, 2019 |
Dec. 29, 2018 |
Sep. 29, 2018 |
Jun. 30, 2018 |
Mar. 31, 2018 |
Dec. 28, 2019 |
Dec. 29, 2018 |
Dec. 30, 2017 |
|
Interim Period, Costs Not Allocable [Line Items] | |||||||||||
Net Sales | $ 738.2 | $ 772.3 | $ 873.7 | $ 853.8 | $ 881.7 | $ 925.4 | $ 959.7 | $ 878.8 | $ 3,238.0 | $ 3,645.6 | $ 3,360.3 |
Gross Profit | 190.2 | 201.9 | 234.0 | 234.6 | 239.7 | 242.6 | 247.4 | 234.9 | 860.7 | 964.6 | 883.6 |
Income from Operations | 61.7 | 72.8 | 96.0 | 120.6 | 89.8 | 69.4 | 99.6 | 88.2 | 351.1 | 347.0 | 331.1 |
Net Income | 37.6 | 50.8 | 67.4 | 86.8 | 56.5 | 52.7 | 67.3 | 59.3 | 242.6 | 235.8 | 218.1 |
Net Income Attributable to Regal Beloit Corporation | $ 36.7 | $ 49.7 | $ 66.6 | $ 85.9 | $ 55.6 | $ 51.3 | $ 65.9 | $ 58.4 | $ 238.9 | $ 231.2 | $ 213.0 |
Basic (in dollars per share) | $ 0.90 | $ 1.20 | $ 1.56 | $ 2.01 | $ 1.29 | $ 1.18 | $ 1.51 | $ 1.32 | $ 5.69 | $ 5.30 | $ 4.78 |
Assuming Dilution (in dollars per share) | $ 0.89 | $ 1.19 | $ 1.55 | $ 1.99 | $ 1.28 | $ 1.17 | $ 1.50 | $ 1.31 | $ 5.66 | $ 5.26 | $ 4.74 |
Basic (in shares) | 40.9 | 41.5 | 42.6 | 42.8 | 43.1 | 43.4 | 43.8 | 44.2 | 42.0 | 43.6 | 44.6 |
Assuming Dilution (in shares) | 41.1 | 41.7 | 43.0 | 43.1 | 43.4 | 43.8 | 44.1 | 44.5 | 42.2 | 43.9 | 44.9 |
Gain on Sale of Businesses | $ 44.7 | $ 0.0 | $ 0.1 | ||||||||
Commercial Systems | |||||||||||
Interim Period, Costs Not Allocable [Line Items] | |||||||||||
Net Sales | $ 202.0 | $ 214.8 | $ 246.3 | $ 242.2 | $ 273.2 | $ 296.5 | $ 292.2 | $ 249.0 | 905.3 | 1,110.9 | 957.5 |
Income from Operations | 7.9 | 16.6 | 20.8 | 57.8 | 27.7 | 31.2 | 23.6 | 19.7 | |||
Gain on Sale of Businesses | 41.2 | ||||||||||
Industrial Systems | |||||||||||
Interim Period, Costs Not Allocable [Line Items] | |||||||||||
Net Sales | 138.0 | 143.8 | 155.5 | 138.1 | 163.5 | 165.8 | 176.8 | 165.0 | 575.4 | 671.1 | 646.8 |
Income from Operations | (1.4) | (2.3) | (1.3) | (4.3) | 4.4 | 4.1 | 6.9 | 9.4 | |||
Climate Solutions | |||||||||||
Interim Period, Costs Not Allocable [Line Items] | |||||||||||
Net Sales | 206.4 | 230.9 | 267.9 | 263.3 | 232.2 | 255.4 | 277.3 | 259.9 | 968.5 | 1,024.8 | 990.6 |
Income from Operations | 35.7 | 37.6 | 51.7 | 38.9 | 33.3 | 6.0 | 44.0 | 32.3 | |||
Power Transmission Solutions | |||||||||||
Interim Period, Costs Not Allocable [Line Items] | |||||||||||
Net Sales | 191.8 | 182.8 | 204.0 | 210.2 | 212.8 | 207.7 | 213.4 | 204.9 | $ 788.8 | $ 838.8 | $ 765.4 |
Income from Operations | $ 19.5 | $ 20.9 | $ 24.8 | $ 28.2 | $ 24.4 | $ 28.1 | $ 25.1 | $ 26.8 |