XML 64 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements Of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Jan. 03, 2015
Dec. 28, 2013
Dec. 29, 2012
Net Sales $ 3,257.1us-gaap_SalesRevenueGoodsNet $ 3,095.7us-gaap_SalesRevenueGoodsNet $ 3,166.9us-gaap_SalesRevenueGoodsNet
Cost of Sales 2,459.8us-gaap_CostOfGoodsSold 2,312.5us-gaap_CostOfGoodsSold 2,395.9us-gaap_CostOfGoodsSold
Gross Profit 797.3us-gaap_GrossProfit 783.2us-gaap_GrossProfit 771.0us-gaap_GrossProfit
Operating Expenses 516.3us-gaap_OperatingExpenses 494.2us-gaap_OperatingExpenses 458.2us-gaap_OperatingExpenses
Goodwill Impairment 119.5us-gaap_GoodwillImpairmentLoss 76.3us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss
Asset Impairments and Other, Net 40.0us-gaap_AssetImpairmentCharges 4.7us-gaap_AssetImpairmentCharges 0us-gaap_AssetImpairmentCharges
Operating Costs and Expenses 675.8us-gaap_OperatingCostsAndExpenses 575.2us-gaap_OperatingCostsAndExpenses 458.2us-gaap_OperatingCostsAndExpenses
Income From Operations 121.5us-gaap_OperatingIncomeLoss 208.0us-gaap_OperatingIncomeLoss 312.8us-gaap_OperatingIncomeLoss
Interest Expense 39.1us-gaap_InterestExpense 42.4us-gaap_InterestExpense 44.5us-gaap_InterestExpense
Interest Income 7.9us-gaap_InvestmentIncomeInterest 4.9us-gaap_InvestmentIncomeInterest 1.6us-gaap_InvestmentIncomeInterest
Income Before Taxes 90.3us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 170.5us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 269.9us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Provision For Income Taxes 54.2us-gaap_IncomeTaxExpenseBenefit 44.5us-gaap_IncomeTaxExpenseBenefit 69.6us-gaap_IncomeTaxExpenseBenefit
Net Income 36.1us-gaap_ProfitLoss 126.0us-gaap_ProfitLoss 200.3us-gaap_ProfitLoss
Less: Net Income Attributable to Noncontrolling Interests, net of tax 5.1us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 6.0us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 4.7us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net Income Attributable to Regal Beloit Corporation $ 31.0us-gaap_NetIncomeLoss $ 120.0us-gaap_NetIncomeLoss $ 195.6us-gaap_NetIncomeLoss
Earning Per Share Attributable to Regal Beloit Corporation:      
Basic $ 0.69us-gaap_EarningsPerShareBasic $ 2.66us-gaap_EarningsPerShareBasic $ 4.68us-gaap_EarningsPerShareBasic
Earnings Per Share, Diluted $ 0.69us-gaap_EarningsPerShareDiluted $ 2.64us-gaap_EarningsPerShareDiluted $ 4.64us-gaap_EarningsPerShareDiluted
Weighted Average Number of Shares Outstanding:      
Basic 45.0us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 45.0us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 41.8us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Assuming Dilution 45.3us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 45.4us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 42.1us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding