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INFORMATION ON REPORTABLE SEGMENTS (Tables)
3 Months Ended
Apr. 02, 2016
Segment Reporting [Abstract]  
Schedule of financial data for reportable segments and other operating segments
Financial data for our reportable segments for the three months ended April 2, 2016 and March 28, 2015 are presented below:
 
Three months ended
 
April 2,
2016
 
March 28,
2015
Revenues:(1)
 

 
 

HVAC segment
$
111.6

 
$
107.7

Detection and Measurement segment
55.4

 
51.9

Power segment
222.3

 
216.7

Consolidated revenues
$
389.3

 
$
376.3

 
 
 
 
Income (Loss):
 

 
 

HVAC segment
$
15.9

 
$
12.9

Detection and Measurement segment
11.0

 
8.9

Power segment
(5.5
)
 
(11.4
)
Total income for segments
21.4

 
10.4

 
 
 
 
Corporate expense
(10.9
)
 
(30.7
)
Long-term incentive compensation expense
(2.8
)
 
(21.0
)
Pension and postretirement expense
(1.0
)
 
(0.5
)
Special charges, net
(0.3
)
 
(2.8
)
Impairment of intangible assets
(4.0
)
 

Gain on sale of dry cooling business
17.9

 

 
 
 
 
Consolidated operating income (loss)
$
20.3

 
$
(44.6
)
___________________________
(1) 
Under the percentage-of-completion method, we recognized revenues of $126.0 and $125.4 in the three months ended April 2, 2016 and March 28, 2015, respectively. Costs and estimated earnings in excess of billings on uncompleted contracts accounted for under the percentage-of-completion method were $90.6 and $106.3 as of April 2, 2016 and December 31, 2015, respectively, and are reported as a component of ‘‘Accounts receivable, net’’ in the condensed consolidated balance sheets. Billings in excess of costs and estimated earnings on uncompleted contracts accounted for under the percentage-of-completion method were $85.4 and $116.3 as of April 2, 2016 and December 31, 2015, respectively, and are reported as a component of ‘‘Accrued expenses’’ in the condensed consolidated balance sheets.