XML 41 R30.htm IDEA: XBRL DOCUMENT v3.21.2
Subsequent Event (Notes)
9 Months Ended
Sep. 30, 2021
Subsequent Event [Line Items]  
Subsequent Events [Text Block] On September 30, 2021, the Company announced a new organizational structure to focus on growth in the key markets it serves. Under the new segment reporting structure, the Company will have three primary business divisions: Commercial, Defense & Space, and Aftermarket. The new organizational structure and leadership changes to support the new structure became effective October 1, 2021. The Company intends to report its financial performance based on the three reporting segments beginning with the 2021 fiscal year-end results. On October 19, 2021, the U.S. District Court for the District of Kansas ruled in favor of the Company’s former Chief Executive Officer and awarded him $44.7 for benefits withheld in connection with a disputed violation of restrictive covenants within his retirement agreement. The Company continues to evaluate the decision and future action, including an appeal. A liability for the amount of the award has been recognized in the Condensed Consolidated Balance Sheets as of September 30, 2021. See also Note 20, Commitments, Contingencies and Guarantees.