XML 66 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Condensed Consolidated Statements Of Earnings (USD $)
In Thousands, except Share data
3 Months Ended 6 Months Ended
Jul. 02, 2011
Jul. 03, 2010
Jul. 02, 2011
Jul. 03, 2010
Condensed Consolidated Statements Of Earnings        
Net Sales $ 681,785 $ 584,181 $ 1,344,440 $ 1,091,499
Cost of Sales 531,116 440,677 1,028,960 817,080
Gross Profit 150,669 143,504 315,480 274,419
Operating Expenses 95,860 76,705 196,551 144,855
Income From Operations 54,809 66,799 118,929 129,564
Interest Expense 4,814 4,480 9,905 9,541
Interest Income 419 514 736 1,155
Income Before Taxes 50,414 62,833 109,760 121,178
Provision For Income Taxes 14,429 20,058 32,952 38,535
Net Income 35,985 42,775 76,808 82,643
Net Income Attributable to Noncontrolling Interests 1,655 1,055 3,641 3,161
Net Income Attributable to Regal Beloit Corporation $ 34,330 $ 41,720 $ 73,167 $ 79,482
Earnings Per Share of Common Stock:        
Basic $ 0.89 $ 1.09 $ 1.89 $ 2.10
Assuming Dilution $ 0.88 $ 1.07 $ 1.87 $ 2.05
Cash Dividends Declared $ 0.18 $ 0.17 $ 0.35 $ 0.33
Weighted Average Number of Shares Outstanding:        
Basic 38,667,034 38,310,371 38,646,873 37,878,189
Assuming Dilution 39,212,535 38,954,418 39,182,215 38,796,187