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Acquisition (Details)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended 2 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 1 Months Ended 6 Months Ended 1 Months Ended
Jul. 03, 2011
USD ($)
Jul. 04, 2010
USD ($)
Jul. 03, 2011
USD ($)
Jul. 04, 2010
USD ($)
Jul. 03, 2011
Danfoss Socla S.A.S
USD ($)
Jul. 03, 2011
Danfoss Socla S.A.S
USD ($)
Jul. 04, 2010
Danfoss Socla S.A.S
USD ($)
Jul. 03, 2011
Danfoss Socla S.A.S
USD ($)
Jul. 04, 2010
Danfoss Socla S.A.S
USD ($)
Dec. 31, 2010
Danfoss Socla S.A.S
USD ($)
Apr. 30, 2011
Danfoss Socla S.A.S
USD ($)
Apr. 30, 2011
Danfoss Socla S.A.S
EUR (€)
Apr. 30, 2011
Customer relationships
Jul. 03, 2011
Customer relationships
Apr. 30, 2011
Trade name
Acquisition                              
Aggregate consideration, gross                       € 120.0      
Estimated working capital and related adjustments                       3.4      
Aggregate consideration, net                     172.8 116.6      
Annual revenue of last year                   130.0          
Purchase price allocated to goodwill                     69.3        
Purchase price allocated to intangible assets                     46.3        
Weighted-average remaining life (in years)     13.4                   10 7.8 20
Assets and liabilities acquired                              
Cash                     10.4        
Accounts Receivable                     28.2        
Inventory                     25.3        
Fixed Assets                     47.1        
Other Assets                     2.7        
Intangible Assets                     46.3        
Goodwill                     69.3        
Accounts Payable                     (8.2)        
Accrued Expenses                     (15.8)        
Deferred Tax Liability                     (21.7)        
Debt                     (10.8)        
Preliminary Purchase Price                     172.8 116.6      
Revenues         27.7                    
Operating losses (26.6) (33.3) (49.5) (59.3) 3.6                    
Non-recurring acquisition-related costs         3.6                    
Restructuring charges         2.7                    
Due diligence costs               1.1              
Supplemental pro-forma information                              
Net sales           389.7 356.7 753.0 710.1            
Net income from continuing operations           15.7 23.1 29.0 36.5            
Net income per share:                              
Basic EPS - continuing operations (in dollars per share)           $ 0.42 $ 0.62 $ 0.77 $ 0.98            
Diluted EPS - continuing operations (in dollars per share)           $ 0.41 $ 0.62 $ 0.77 $ 0.98            
Net interest expense related to financing           0.2 0.5 0.7 1.0            
Net amortization expense of amortizable intangible assets           0.2 0.6 0.9 1.3            
Non-recurring acquisition-related costs           $ 2.4   $ 3.5