0001104659-21-108725.txt : 20210824 0001104659-21-108725.hdr.sgml : 20210824 20210823215149 ACCESSION NUMBER: 0001104659-21-108725 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20210823 ITEM INFORMATION: Other Events FILED AS OF DATE: 20210824 DATE AS OF CHANGE: 20210823 FILER: COMPANY DATA: COMPANY CONFORMED NAME: REGAL BELOIT CORP CENTRAL INDEX KEY: 0000082811 STANDARD INDUSTRIAL CLASSIFICATION: MOTORS & GENERATORS [3621] IRS NUMBER: 390875718 STATE OF INCORPORATION: WI FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07283 FILM NUMBER: 211198362 BUSINESS ADDRESS: STREET 1: 200 STATE ST CITY: BELOIT STATE: WI ZIP: 53511 BUSINESS PHONE: 6083648800 MAIL ADDRESS: STREET 1: 200 STATE STREET CITY: BELOIT STATE: WI ZIP: 53511-6254 FORMER COMPANY: FORMER CONFORMED NAME: BELOIT TOOL CORP DATE OF NAME CHANGE: 19730522 FORMER COMPANY: FORMER CONFORMED NAME: RECORD A PUNCH CORP DATE OF NAME CHANGE: 19690320 8-K 1 tm2125707d1_8k.htm FORM 8-K
0000082811 false 0000082811 2021-08-23 2021-08-23 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT 

 

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

 

 

Date of Report
(Date of earliest event reported)
August 23, 2021

 

 

 

REGAL BELOIT CORPORATION

(Exact name of registrant as specified in its charter)

 

Wisconsin 1-7283 39-0875718
(State or other
jurisdiction of
incorporation)		 (Commission File
Number)		 (IRS Employer
Identification No.)

 

200 State Street, Beloit, Wisconsin 53511

(Address of principal executive offices, including zip code)

 

(608) 364-8800

(Registrant's telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

x Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

 

Title of each class Trading symbol Name of each exchange on which registered
Common Stock RBC New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(A) of the Exchange Act. ¨

 

 

 

 

 

 

Item 8.01Other Events.

 

As previously announced, on February 15, 2021, Regal Beloit Corporation (the “Company” or “Regal”) entered into definitive agreements with Rexnord Corporation (“Rexnord”), Land Newco, Inc., a wholly owned indirect subsidiary of Rexnord (“Land”), and Phoenix 2021, Inc., a wholly owned subsidiary of the Company (“Merger Sub”), with respect to a Reverse Morris Trust transaction (the “Proposed Transaction”) pursuant to which, and subject to the terms and conditions of the Agreement and Plan of Merger dated as of February 15, 2021 by and among the Company, Rexnord and Merger Sub (as amended, modified or supplemented in accordance with its terms, the “Merger Agreement”) and the other definitive agreements entered into in connection therewith, (1) Rexnord will transfer (or cause to be transferred) to Land substantially all of the assets, and Land will assume substantially all of the liabilities, of Rexnord’s Process & Motion Control segment (“PMC”) (the “Reorganization”), (2) after which, all of the issued and outstanding shares of common stock, $0.01 par value per share, of Land (“Land common stock”) held by a subsidiary of Rexnord will be distributed in a series of distributions to Rexnord’s stockholders (the “Distributions”, and the final distribution of Land common stock from Rexnord to Rexnord’s stockholders, which is to be made pro rata for no consideration, the “Spin-Off”) and (3) immediately after the Spin-Off, Merger Sub will merge with and into Land (the “Merger”) and all shares of Land common stock (other than those held by Rexnord, Land, the Company, Merger Sub or their respective subsidiaries) will be converted as of the effective time of the Merger (the “Effective Time”) into the right to receive shares of the common stock, $0.01 par value per share, of the Company, as calculated and subject to adjustment as set forth in the Merger Agreement. When the Merger is completed, Land (which at that time will hold the PMC business) will be a wholly owned subsidiary of the Company.

 

Also as previously disclosed, as contemplated by the Merger Agreement, Rexnord submitted to the Internal Revenue Service (the “IRS”) a request for a private letter ruling from the IRS. On August 16, 2021, Rexnord received a private letter ruling from the IRS (the “IRS Ruling”). The IRS Ruling addresses, among other things, the manner in which certain Overlap Shareholders may be identified and their respective ownership percentages may be determined for purposes of determining which categories of shareholders may be counted as Overlap Shareholders for purposes of Section 355(e) of the Internal Revenue Code (we refer to such categories of shareholders as “Qualifying Overlap Shareholders”).

 

As a result of the receipt of the IRS Ruling, this Current Report on Form 8-K is being filed to provide additional information regarding the expectations of Regal and Rexnord concerning the extent of the adjustment to the Exchange Ratio that will be necessary in the Merger, the number of shares of Regal common stock to be issued in the Merger, the amount of the Regal Special Dividend to be paid and the amount of net indebtedness (meaning the total indebtedness less cash on hand) of Regal immediately following the Merger and after giving effect to the amount of Land net indebtedness that becomes indebtedness of the combined company as a result of the Merger. Capitalized terms used below but not defined have the meanings set forth in the joint proxy statement/prospectus-information statement of Regal and Rexnord dated July 21, 2021 (the “Joint Proxy Statement”). The Joint Proxy Statement is not incorporated by reference herein and can be found at www.sec.gov.

 

The parties expect the Proposed Transaction to close early in the fourth quarter of 2021, subject to the receipt of the approval of the shareholders of Regal and Rexnord and the satisfaction of other closing conditions.

 

 

 

Overview

 

The Merger Agreement provides that following the completion of the Spin-Off, Merger Sub will merge with and into Land with each share of Land common stock converted into the right to receive a number of shares of Regal common stock equal to the Exchange Ratio. Pursuant to the Merger Agreement, the Exchange Ratio is defined to result in Regal issuing in the Merger shares that represent 38.6% of the issued and outstanding shares of Regal common stock immediately following the Merger. As described below and more fully set out in the Merger Agreement, under certain circumstances, the Exchange Ratio will be adjusted to the extent necessary to ensure that the Merger will not cause the Spin-Off to fail to qualify as a tax-free distribution under Section 355 of the Code. If the Exchange Ratio is adjusted and the number of shares of Regal common stock that Regal issues in the Merger would represent greater than 38.6% of the issued and outstanding shares of Regal common stock immediately following the Merger, then Regal would pay a cash dividend to the Regal shareholders who held shares of Regal common stock as of the Regal Special Dividend Record Date, which record date will be a date prior to the date of the Merger. While the Regal Special Dividend will be paid only to shareholders of record of Regal common stock as of the Regal Special Dividend Record Date, which will be a date before the Merger, Regal expects the payment date for any Regal Special Dividend would be following the closing of the Merger. The Regal Special Dividend, based on the Signing Share Price, is designed to preserve the nominal economic allocation between the Land stockholders (in their capacity as such) and the Regal shareholders (in their capacity as such) that would have resulted from the Exchange Ratio if it were not adjusted.

 

As described in more detail in the Joint Proxy Statement under “Material U.S. Federal Income Tax Consequences of the Transaction—​Material Tax Consequences of the Reorganization and the Distributions—Material U.S. Federal Income Tax Consequences of the Reorganization and the Distributions to Rexnord”, the Spin-Off would not be treated as a tax-free distribution if, among other reasons, the Merger results in one or more persons acquiring a 50% or greater interest (by vote or value) in the stock of Land. However, for purposes of such a determination, if a deemed stockholder of Land is also a deemed shareholder of Regal immediately prior to the Merger (an Overlap Shareholder), the net increase in the Overlap Shareholder’s ownership of Land as a result of the Merger and by virtue of being a shareholder of Regal is offset by its net decrease in such ownership percentage by reason of being considered a Land stockholder immediately prior to the Merger. Accordingly, Regal and Rexnord have agreed that the Exchange Ratio will be increased if and to the extent necessary so that the number of shares of Regal common stock issued in the Merger will result in holders of issued and outstanding shares of Land common stock immediately prior to the Merger, taking into account in the case of Overlap Shareholders their Overlap Shares, receiving shares of Regal common stock that in the aggregate represent 50.8% of the issued and outstanding shares of Regal common stock immediately following the Merger.

Most of the ownership in Regal and Rexnord held by Overlap Shareholders is held in “street name” through banks and brokers, rather than ownership interests appearing directly in each company’s stock ledger. As a result, determination of the extent of these holdings generally relies on public information, including filings with the SEC. The IRS Ruling includes a ruling from the IRS on certain substantive and procedural criteria that may be used by Regal and Rexnord in determining the extent of the Overlap Shareholders.

 

In connection with the receipt of the IRS Ruling, the parties confirmed that for purposes of determining the “RMT Partner Overlap Ownership Percentage” and the “Spinco Overlap Ownership Percentage” under Section 1.5(c)(v)(a) and Section 1.5(c)(vi)(a) of the Merger Agreement, the number of shares of RMT Partner Common Stock and number of shares of Spinco Common Stock owned by Overlap Shareholders will be measured as of the time agreed to by the parties and determined by the parties as outlined in the procedures established by the parties in accordance with the parameters permitted by the IRS Ruling.

 

 

 

Although the IRS Ruling has been received, the need and the extent of any adjustment to the Exchange Ratio is dependent on a number of factors, some of which will not be known until shortly prior to closing. Among other factors, the extent of the adjustment, if any, depends on whether certain shareholders meet the criteria outlined in the IRS Ruling to qualify as Qualifying Overlap Shareholders; and based on the rulings received in the IRS Ruling and the determinations made by Regal and Rexnord in conjunction with closing, the number of Overlap Shares owned by Qualifying Overlap Shareholders. The extent of any adjustment to the Exchange Ratio and corresponding amount of any Regal Special Dividend may vary materially depending on the outcome of each of these factors.

 

Illustrative Scenario

 

Taking into account the parties’ views of the effect of the receipt of the IRS Ruling, set forth below is Regal and Rexnord’s estimate, as of July 31, 2021 of the outcome of the variables and any resulting adjustment to the Exchange Ratio, the number of shares of Regal common stock to be issued in the Merger, the amount, if any, of the Regal Special Dividend to be paid and the amount of net indebtedness (meaning the total indebtedness less cash on hand) of Regal immediately following the Merger and after giving effect to the amount of Land net indebtedness that becomes indebtedness of the combined company as a result of the Merger.

 

The information, determinations and estimates set forth in this section could change following the date of this Current Report on Form 8-K and before the special meetings of Regal and Rexnord shareholders and could change again between the special meetings and the date of the closing of the Merger.

 

The scenario outlined below uses the following information, determinations, estimates and assumptions and are for illustrative purposes only:

 

•estimated Overlap Shares as of July 31, 2021 of 7,339,499 owned by the shareholders that Regal and Rexnord consider would qualify as Qualifying Overlap Shareholders in light of the IRS Ruling;

 

•shares of Regal common stock issued and outstanding of 40,696,538 (which represented the number of shares of Regal common stock issued and outstanding as of July 31, 2021);

 

•shares of Land common stock issued and outstanding of 121,124,041 (which is based on the 121,124,041 shares of Rexnord common stock issued and outstanding as of July 31, 2021);

 

•$401 million of net indebtedness of Regal outstanding as of July 3, 2021, and prior to the incurrence of indebtedness to pay the Regal Special Dividend and without taking into account the net indebtedness of Land that becomes indebtedness of the combined company as a result of the Merger;

 

•estimated $30 million of additional transaction and financing fees as of July 3, 2021; and

 

•estimated $366 million of net indebtedness of Land as of June 30, 2021, and following the incurrence of indebtedness of the Land debt under the DDTL Facility and the payment of the Land Cash Payment.

 

Based on the IRS Ruling and on Regal’s and Rexnord’s calculation of the estimated shareholdings of such Qualifying Overlap Shareholders using the information as set forth above and other information as of July 31, 2021, if there were no change in the number of such Overlap Shares, then as of closing of the Merger:

 

 

 

•The Exchange Ratio would be adjusted so that Regal would issue in the Merger shares of Regal common stock that would represent 40.0% of the issued and outstanding Regal common stock immediately following the Merger, which would result in the issuance of approximately 27,102,321 shares of Regal common stock;

 

•​Regal would pay to the owners of Regal common stock in respect of their shares of Regal common stock owned as of the Regal Special Dividend Record Date a cash dividend of approximately $7.21 per share (or approximately $294 million in the aggregate); and

 

•Regal would have outstanding net indebtedness of approximately $1,091 million following the payment of the Regal Special Dividend and the assumption of the Land net indebtedness.

 

The above scenario is just one of the potential outcomes of the variables that will result in the determination of the adjustment, if any, to the Exchange Ratio, the number of shares of Regal common stock issued in the Merger, the amount, if any, of the Regal Special Dividend and the amount of net indebtedness of Regal following payment of the Regal Special Dividend, if any, and taking into account the net indebtedness of Land that becomes indebtedness of the combined company as a result of the Merger. Each Land stockholder will be entitled to receive the same consideration in respect of its shares of Land common stock, regardless of whether such former Land stockholder is an Overlap Shareholder. The factors that will determine the adjustment, if any, to the Exchange Ratio and the amount of any Regal Special Dividend are not in the control of Regal and Rexnord. Regal and Rexnord do not currently have the information necessary to determine the adjustment, if any, to the Exchange Ratio or the amount, if any, of the Regal Special Dividend, and they will not have such information at the time of the special meetings. The assumptions, estimates and determinations made by Regal and Rexnord in Current Report on Form 8-K could prove incorrect, circumstances could change or intervening events, including changes in the number of Overlap Shares held by Qualifying Overlap Shareholders, could affect the final determination of the Exchange Ratio or the amount, if any, of the Regal Special Dividend.

 

Illustrative Sensitivity Analysis

 

The following table sets forth a sensitivity analysis providing illustrations of the result of a change in the number of Overlap Shares held by Qualifying Overlap Shareholders on the Exchange Ratio, the number of shares of Regal common stock issued in the Merger, the amount, if any, of the Regal Special Dividend and the amount of Regal net indebtedness following the closing and the Regal Special Dividend, if any.

 

As with the scenario described above, for purposes of this sensitivity analysis, Regal and Rexnord have used the following information, determinations, estimates and assumptions, each of which scenarios are for illustrative purposes only:

 

•estimated Overlap Shares as of July 31, 2021 of 7,339,499 owned by the shareholders that Regal and Rexnord consider would qualify as Qualifying Overlap Shareholders in light of the IRS Ruling;

 

•shares of Regal common stock issued and outstanding of 40,696,538 (which represented the number of shares of Regal common stock issued and outstanding as of July 31, 2021);

 

 

 

•shares of Land common stock issued and outstanding of 121,124,041 (which is based on the 121,124,041 shares of Rexnord common stock issued and outstanding as of July 31, 2021);

 

•$401 million of net indebtedness of Regal outstanding as of July 3, 2021, and prior to the incurrence of indebtedness to pay the Regal Special Dividend and without taking into account the net indebtedness of Land that becomes indebtedness of the combined company as a result of the Merger;

 

•estimated $30 million of additional transaction and financing fees as of July 3, 2021; and

 

•estimated $366 million of net indebtedness of Land as of June 30, 2021, and following the incurrence of indebtedness of the Land debt under the DDTL Facility and the payment of the Land Cash Payment.

 

Illustrative Scenario

 

           No Change in         
Change in Overlap Shares held by          July 31, 2021         
Qualifying Overlap Shareholders  5% Decrease   2.5% Decrease   Estimate   2.5% Increase   5% Increase 
Regal Shares Issued in Merger    27,848,205    27,475,263    27,102,321    26,729,379    26,356,437 
Regal Special Dividend Amount    $426 million    $361 million    $294 million    $225 million    $154 million 
Regal Net Indebtedness after Regal Special Dividend and Assumption of PMC Business Net Indebtedness     $1,224 million    $1,158 million    $1,091 million    $1,022 million    $951 million 

 

 

 

Cautionary Statement Concerning Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, which reflect Regal’s and Rexnord’s current estimates, expectations and projections about Regal, Rexnord and the PMC Business’s respective future results, performance, prospects and opportunities. Such forward-looking statements may include, among other things, statements about the outcome of the variables and resulting adjustment to the Exchange Ratio, the number of shares of Regal common stock to be issued in the Merger, the amount, if any, of the Regal Special Dividend to be paid and the amount of net indebtedness of Regal immediately following the Merger and after giving effect to the amount of Land net indebtedness that becomes indebtedness of the combined company as a result of the Merger, statements regarding the expected closing of the Proposed Transactions, and any other statements regarding Regal’s, Rexnord’s, the PMC Business’s or the combined company’s respective future operations, anticipated business levels, future earnings, planned activities, anticipated growth, market opportunities, strategies, competition and other expectations and estimates for future periods. Forward-looking statements include statements that are not historical facts and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “plan,” “may,” “should,” “will,” “would,” “project,” “forecast,” and similar expressions. These forward-looking statements are based upon information currently available to Regal and Rexnord and are subject to a number of risks, uncertainties, and other factors that could cause Regal’s, Rexnord’s, the PMC Business’s or the combined company’s actual results, performance, prospects, or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. Important factors that could cause Regal’s, Rexnord’s the PMC Business’s or the combined company’s actual results to differ materially from the results referred to in the forward-looking statements Regal or Rexnord makes in this Current Report on Form 8-K include: the possibility that the conditions to the consummation of the Proposed Transaction will not be satisfied; failure to obtain, delays in obtaining or adverse conditions related to obtaining shareholder or stockholder approvals to be sought in connection with the Proposed Transaction; changes in the extent and characteristics of the common stockholders of Rexnord and the common shareholders of Regal and its effect pursuant to the Merger Agreement on the number of shares of Regal common stock issuable pursuant to the Proposed Transaction, magnitude of the dividend payable to Regal shareholders pursuant to the Proposed Transaction and the extent of indebtedness to be incurred by Regal in connection with the Proposed Transaction; the determination by Regal and Rexnord of the number of Qualifying Overlap Shareholders at the closing of the Proposed Transaction; the ability to obtain the anticipated tax treatment of the Proposed Transaction and related transactions; risks associated with any litigation related to the Transaction; and other risks and uncertainties including, but not limited, to those described in the section entitled “Risk Factors” in the Joint Proxy Statement, in Regal’s or Rexnord’s respective Annual Reports on Form 10-K on file with the SEC and from time to time in other filed reports including Regal’s and Rexnord’s Quarterly Reports on Form 10-Q. For a more detailed description of the risk factors associated with Regal and Rexnord, please refer to Regal’s Annual Report on Form 10-K for the fiscal year ended January 2, 2021 on file with the SEC, Rexnord’s Transition Report on Form 10-KT for the transition period from April 1, 2020 to December 31, 2020 filed with the SEC, Rexnord’s Quarterly Reports on Form 10-Q for the quarters ended March 31, 2021 and June 30, 2021 filed with the SEC, and subsequent SEC filings. Shareholders, potential investors, and other readers are urged to consider these factors in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this Current Report on Form 8-K are made only as of the date of this Current Report on Form 8-K, and Regal, Rexnord and Land undertake no obligation to update any forward-looking information contained in this communication or with respect to the announcements described herein to reflect subsequent events or circumstances.

 

Additional Information

 

This communication does not constitute an offer to buy, or a solicitation of an offer to sell, any securities of Regal, Rexnord or Land. In connection with the Proposed Transaction, Regal and Land filed registration statements with the SEC registering shares of Regal common stock and Land common stock in connection with the Proposed Transaction, which have become effective. Regal’s Registration Statement on Form S-4 (No. 333-255982) includes a joint proxy statement/prospectus-information statement relating to the Proposed Transaction, which has been mailed to Regal shareholders and Rexnord shareholders. Regal shareholders and Rexnord shareholders are urged to read the joint proxy statement/prospectus-information statement and any other relevant documents when they become available, because they contain and will contain important information about Regal, Rexnord, Land and the Proposed Transaction. The joint proxy statement/prospectus-information statement and other documents relating to the Proposed Transaction can also be obtained free of charge from the SEC’s website at www.sec.gov. The joint proxy statement/prospectus-information statement and other documents can also be obtained free of charge from Rexnord upon written request to Rexnord Corporation, Investor Relations, 511 Freshwater Way, Milwaukee, WI 53204, or by calling (414) 643-3739 or upon written request to Regal Beloit Corporation, Investor Relations, 200 State Street, Beloit, WI 53511 or by calling (608) 364-8800.

 

 

 

Participants in the Solicitation

 

This communication is not a solicitation of a proxy from any security holder of Rexnord or Regal. However, Rexnord, Regal and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from shareholders of Rexnord and Regal in connection with the Proposed Transaction under the rules of the SEC. Information about the directors and executive officers of Rexnord may be found in its Annual Report on Form 10-K filed with the SEC on February 16, 2021 and its definitive proxy statement relating to its 2021 Annual Meeting filed with the SEC on March 16, 2021. Information about the directors and executive officers of Regal may be found in its Annual Report on Form 10-K filed with the SEC on March 2, 2021, and its definitive proxy statement relating to its 2021 Annual Meeting filed with the SEC on March 18, 2021.

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  REGAL BELOIT CORPORATION      
   
Date:  August 23, 2021 By: /s/ Thomas E. Valentyn
    Thomas E. Valentyn
    Vice President, General Counsel and Secretary

 

 EX-101.SCH 2 rbc-20210823.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 3 rbc-20210823_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Cover [Abstract] Document Type Amendment Flag Amendment Description Document Registration Statement Document Annual Report Document Quarterly Report Document Transition Report Document Shell Company Report Document Shell Company Event Date Document Period Start Date Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Current Fiscal Year End Date Entity File Number Entity Registrant Name Entity Central Index Key Entity Primary SIC Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code Country Region City Area Code Local Phone Number Extension Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name Title of 12(g) Security Security Reporting Obligation Annual Information Form Audited Annual Financial Statements Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Elected Not To Use the Extended Transition Period Document Accounting Standard Other Reporting Standard Item Number Entity Shell Company Entity Public Float Entity Bankruptcy Proceedings, Reporting Current Entity Common Stock, Shares Outstanding Documents Incorporated by Reference [Text Block] EX-101.PRE 4 rbc-20210823_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE XML 5 tm2125707d1_8k_htm.xml IDEA: XBRL DOCUMENT 0000082811 2021-08-23 2021-08-23 iso4217:USD shares iso4217:USD shares 0000082811 false 8-K 2021-08-23 REGAL BELOIT CORP WI 1-7283 39-0875718 200 State Street Beloit WI 53511 608 364-8800 true false false false Common Stock RBC NYSE false XML 6 R1.htm IDEA: XBRL DOCUMENT v3.21.2
Cover
Aug. 23, 2021
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Aug. 23, 2021
Entity File Number 1-7283
Entity Registrant Name REGAL BELOIT CORP
Entity Central Index Key 0000082811
Entity Tax Identification Number 39-0875718
Entity Incorporation, State or Country Code WI
Entity Address, Address Line One 200 State Street
Entity Address, City or Town Beloit
Entity Address, State or Province WI
Entity Address, Postal Zip Code 53511
City Area Code 608
Local Phone Number 364-8800
Written Communications true
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol RBC
Security Exchange Name NYSE
Entity Emerging Growth Company false
EXCEL 7 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 8 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 9 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 10 FilingSummary.xml IDEA: XBRL DOCUMENT 3.21.2 html 1 96 1 false 0 0 false 3 false false R1.htm 00000001 - Document - Cover Sheet http://regalbeloit.com/role/Cover Cover Cover 1 false false All Reports Book All Reports tm2125707d1_8k.htm rbc-20210823.xsd rbc-20210823_lab.xml rbc-20210823_pre.xml http://xbrl.sec.gov/dei/2020-01-31 true false JSON 12 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "tm2125707d1_8k.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "definitionLink": { "remote": [ "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-eedm-def-2020-01-31.xml", "http://xbrl.fasb.org/srt/2020/elts/srt-eedm1-def-2020-01-31.xml" ] }, "inline": { "local": [ "tm2125707d1_8k.htm" ] }, "labelLink": { "local": [ "rbc-20210823_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2020/dei-doc-2020-01-31.xml" ] }, "presentationLink": { "local": [ "rbc-20210823_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2020/dei-ref-2020-01-31.xml" ] }, "schema": { "local": [ "rbc-20210823.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "https://xbrl.sec.gov/dei/2020/dei-2020-01-31.xsd", "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-roles-2020-01-31.xsd", "http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd", "http://xbrl.fasb.org/srt/2020/elts/srt-roles-2020-01-31.xsd", "https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2020/elts/us-types-2020-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd" ] } }, "elementCount": 59, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2020-01-31": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 96, "memberCustom": 0, "memberStandard": 0, "nsprefix": "rbc", "nsuri": "http://regalbeloit.com/20210823", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "p", "body", "html" ], "baseRef": "tm2125707d1_8k.htm", "contextRef": "From2021-08-23to2021-08-23", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "00000001 - Document - Cover", "role": "http://regalbeloit.com/role/Cover", "shortName": "Cover", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "p", "body", "html" ], "baseRef": "tm2125707d1_8k.htm", "contextRef": "From2021-08-23to2021-08-23", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentDescription": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Description of changes contained within amended document.", "label": "Amendment Description" } } }, "localname": "AmendmentDescription", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "stringItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AnnualInformationForm": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.", "label": "Annual Information Form" } } }, "localname": "AnnualInformationForm", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AuditedAnnualFinancialStatements": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.", "label": "Audited Annual Financial Statements" } } }, "localname": "AuditedAnnualFinancialStatements", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CountryRegion": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Region code of country", "label": "Country Region" } } }, "localname": "CountryRegion", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAccountingStandard": { "auth_ref": [ "r11" ], "lang": { "en-us": { "role": { "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.", "label": "Document Accounting Standard" } } }, "localname": "DocumentAccountingStandard", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "accountingStandardItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r9", "r11", "r12" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentPeriodStartDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.", "label": "Document Period Start Date" } } }, "localname": "DocumentPeriodStartDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r10" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentRegistrationStatement": { "auth_ref": [ "r18" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a registration statement.", "label": "Document Registration Statement" } } }, "localname": "DocumentRegistrationStatement", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentShellCompanyEventDate": { "auth_ref": [ "r11" ], "lang": { "en-us": { "role": { "documentation": "Date of event requiring a shell company report.", "label": "Document Shell Company Event Date" } } }, "localname": "DocumentShellCompanyEventDate", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentShellCompanyReport": { "auth_ref": [ "r11" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.", "label": "Document Shell Company Report" } } }, "localname": "DocumentShellCompanyReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r13" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r1" ], "lang": { "en-us": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityBankruptcyProceedingsReportingCurrent": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.", "label": "Entity Bankruptcy Proceedings, Reporting Current" } } }, "localname": "EntityBankruptcyProceedingsReportingCurrent", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityExTransitionPeriod": { "auth_ref": [ "r17" ], "lang": { "en-us": { "role": { "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.", "label": "Elected Not To Use the Extended Transition Period" } } }, "localname": "EntityExTransitionPeriod", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r15" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityPrimarySicNumber": { "auth_ref": [ "r12" ], "lang": { "en-us": { "role": { "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.", "label": "Entity Primary SIC Number" } } }, "localname": "EntityPrimarySicNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "sicNumberItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r14" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_Extension": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Extension number for local phone number.", "label": "Extension" } } }, "localname": "Extension", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_NoTradingSymbolFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a security having no trading symbol.", "label": "No Trading Symbol Flag" } } }, "localname": "NoTradingSymbolFlag", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_OtherReportingStandardItemNumber": { "auth_ref": [ "r11" ], "lang": { "en-us": { "role": { "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.", "label": "Other Reporting Standard Item Number" } } }, "localname": "OtherReportingStandardItemNumber", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "otherReportingStandardItemNumberItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r5" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r6" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_Security12gTitle": { "auth_ref": [ "r3" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(g) registered security.", "label": "Title of 12(g) Security" } } }, "localname": "Security12gTitle", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r2" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SecurityReportingObligation": { "auth_ref": [ "r7" ], "lang": { "en-us": { "role": { "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.", "label": "Security Reporting Obligation" } } }, "localname": "SecurityReportingObligation", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "securityReportingObligationItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r8" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r16" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2020-01-31", "presentation": [ "http://regalbeloit.com/role/Cover" ], "xbrltype": "booleanItemType" } }, "unitCount": 3 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23" }, "r10": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "308", "Subsection": "a" }, "r11": { "Name": "Form 20-F", "Number": "249", "Publisher": "SEC", "Section": "220", "Subsection": "f" }, "r12": { "Name": "Form 40-F", "Number": "249", "Publisher": "SEC", "Section": "240", "Subsection": "f" }, "r13": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1" }, "r14": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r15": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405" }, "r16": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" }, "r17": { "Name": "Securities Act", "Number": "7A", "Publisher": "SEC", "Section": "B", "Subsection": "2" }, "r18": { "Name": "Securities Act", "Number": "Section", "Publisher": "SEC", "Section": "12" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "g" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12, 13, 15d" }, "r5": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r6": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r7": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d" }, "r8": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r9": { "Name": "Form 10-K", "Number": "249", "Publisher": "SEC", "Section": "310" } }, "version": "2.1" } ZIP 13 0001104659-21-108725-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001104659-21-108725-xbrl.zip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