XML 49 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements Of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Jun. 28, 2014
Jun. 29, 2013
Income Statement [Abstract]        
Net Sales $ 850.4 $ 822.0 $ 1,651.6 $ 1,600.2
Cost of Sales 639.4 612.8 1,246.2 1,191.5
Gross Profit 211.0 209.2 405.4 408.7
Operating Expenses 123.3 128.1 248.0 251.7
Other Cost and Expense, Operating 122.3 128.1 247.0 251.7
Asset Impairment Charges 1.0 0 1.0 0
Income From Operations 87.7 81.1 157.4 157.0
Interest Expense 10.3 10.7 20.7 21.3
Interest Income 1.7 1.1 3.4 1.8
Income Before Taxes 79.1 71.5 140.1 137.5
Provision For Income Taxes 21.0 17.9 37.0 33.2
Net Income 58.1 53.6 103.1 104.3
Less: Net Income Attributable to Noncontrolling Interests 1.9 2.5 3.1 3.7
Net Income Attributable to Regal Beloit Corporation $ 56.2 $ 51.1 $ 100.0 $ 100.6
Earnings Per Share Attributable to Regal Beloit Corporation:        
Basic $ 1.24 $ 1.14 $ 2.22 $ 2.24
Assuming Dilution $ 1.24 $ 1.13 $ 2.20 $ 2.22
Cash Dividends Declared $ 0.22 $ 0.20 $ 0.42 $ 0.39
Weighted Average Number of Shares Outstanding (in millions):        
Basic 45.2 45.0 45.1 45.0
Assuming Dilution 45.5 45.3 45.5 45.3