XML 71 R7.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Stockholders' Equity (USD $)
In Millions, except Share data, unless otherwise specified
Class A
Common Stock
Class B
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Total
Balance at Dec. 31, 2011 $ 2.9us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 0.7us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 420.1us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 515.1us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (19.0)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ 919.8us-gaap_StockholdersEquity
Balance (in shares) at Dec. 31, 2011 29,471,414us-gaap_SharesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
6,953,680us-gaap_SharesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Increase (Decrease) in Stockholders' Equity            
Net Income       68.4us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  68.4us-gaap_NetIncomeLoss
Other comprehensive (loss) income         8.2us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
8.2us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
Comprehensive income (loss)           76.6us-gaap_ComprehensiveIncomeNetOfTax
Shares of Class B common stock converted to Class A common stock 0.1us-gaap_StockIssuedDuringPeriodValueConversionOfUnits
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(0.1)us-gaap_StockIssuedDuringPeriodValueConversionOfUnits
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Shares of Class B common stock converted to Class A common stock (in shares) 365,000us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(365,000)us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Shares of Class A common stock issued upon the exercise of stock options 0.1us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
  17.7us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
    17.8us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
Shares of Class A common stock issued upon the exercise of stock options (in shares) 589,798us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Stock-based compensation     6.6us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
    6.6us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
Stock repurchase (0.2)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
    (65.6)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (65.8)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
Stock repurchase (in shares) (2,000,000)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Issuance of net shares of restricted Class A common stock       (0.8)us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (0.8)us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
Issuance of net shares of restricted Class A common stock (in shares) 141,767us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Net change in restricted stock units     4.3wts_IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(3.0)wts_IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  1.3wts_IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures
Net change in restricted stock units (in shares) 105,660wts_IncreaseDecreaseInSharesRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Common stock dividends       (16.0)us-gaap_DividendsCommonStock
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (16.0)us-gaap_DividendsCommonStock
Balance at Dec. 31, 2012 2.9us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
0.6us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
448.7us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
498.1us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
(10.8)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
939.5us-gaap_StockholdersEquity
Balance (in shares) at Dec. 31, 2012 28,673,639us-gaap_SharesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
6,588,680us-gaap_SharesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Increase (Decrease) in Stockholders' Equity            
Net Income       58.6us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  58.6us-gaap_NetIncomeLoss
Other comprehensive (loss) income         22.8us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
22.8us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
Comprehensive income (loss)           81.4us-gaap_ComprehensiveIncomeNetOfTax
Shares of Class B common stock converted to Class A common stock (in shares) 99,390us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(99,390)us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Shares of Class A common stock issued upon the exercise of stock options     11.9us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
    11.9us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
Shares of Class A common stock issued upon the exercise of stock options (in shares) 361,094us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Stock-based compensation     9.6us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
    9.6us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
Stock repurchase       (23.0)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (23.0)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
Stock repurchase (in shares) (453,880)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Issuance of net shares of restricted Class A common stock       (1.6)us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (1.6)us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
Issuance of net shares of restricted Class A common stock (in shares) 75,592us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Net change in restricted stock units     3.3wts_IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(1.3)wts_IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  2.0wts_IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures
Net change in restricted stock units (in shares) 68,944wts_IncreaseDecreaseInSharesRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Common stock dividends       (17.7)us-gaap_DividendsCommonStock
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (17.7)us-gaap_DividendsCommonStock
Balance at Dec. 31, 2013 2.9us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
0.6us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
473.5us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
513.1us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
12.0us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
1,002.1us-gaap_StockholdersEquity
Balance (in shares) at Dec. 31, 2013 28,824,779us-gaap_SharesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
6,489,290us-gaap_SharesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Increase (Decrease) in Stockholders' Equity            
Net Income       50.3us-gaap_NetIncomeLoss
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  50.3us-gaap_NetIncomeLoss
Other comprehensive (loss) income         (101.1)us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
(101.1)us-gaap_OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
Comprehensive income (loss)           (50.8)us-gaap_ComprehensiveIncomeNetOfTax
Shares of Class B common stock converted to Class A common stock (in shares) 10,000us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
(10,000)us-gaap_StockIssuedDuringPeriodSharesConversionOfUnits
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
       
Shares of Class A common stock issued upon the exercise of stock options     11.8us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
    11.8us-gaap_StockIssuedDuringPeriodValueStockOptionsExercised
Shares of Class A common stock issued upon the exercise of stock options (in shares) 338,841us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Stock-based compensation     8.6us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
    8.6us-gaap_AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
Stock repurchase       (39.6)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (39.6)us-gaap_StockRepurchasedAndRetiredDuringPeriodValue
Stock repurchase (in shares) (669,681)us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Issuance of net shares of restricted Class A common stock       (1.6)us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (1.6)us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
Issuance of net shares of restricted Class A common stock (in shares) 12,655us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Net change in restricted stock units     3.5wts_IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
(1.1)wts_IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  2.4wts_IncreaseDecreaseInValueRestrictedStockAwardNetOfForfeitures
Net change in restricted stock units (in shares) 35,471wts_IncreaseDecreaseInSharesRestrictedStockAwardNetOfForfeitures
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
         
Common stock dividends       (20.5)us-gaap_DividendsCommonStock
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
  (20.5)us-gaap_DividendsCommonStock
Balance at Dec. 31, 2014 $ 2.9us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 0.6us-gaap_StockholdersEquity
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
$ 497.4us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AdditionalPaidInCapitalMember
$ 500.6us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_RetainedEarningsMember
$ (89.1)us-gaap_StockholdersEquity
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_AccumulatedOtherComprehensiveIncomeMember
$ 912.4us-gaap_StockholdersEquity
Balance (in shares) at Dec. 31, 2014 28,552,065us-gaap_SharesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassAMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember
6,479,290us-gaap_SharesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonClassBMember
/ us-gaap_StatementEquityComponentsAxis
= us-gaap_CommonStockMember