XML 49 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Consolidated Statements Of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Oct. 03, 2015
Sep. 27, 2014
Oct. 03, 2015
Sep. 27, 2014
Income Statement [Abstract]        
Net Sales $ 882.3 $ 829.8 $ 2,736.2 $ 2,481.4
Cost of Sales 641.2 626.0 2,022.8 1,872.2
Gross Profit 241.1 203.8 713.4 609.2
Operating Expenses 141.0 129.1 446.5 376.1
Goodwill Impairment 0.0 0.0 0.0 1.0
Total Operating Expenses 141.0 129.1 446.5 377.1
Income From Operations 100.1 74.7 266.9 232.1
Interest Expense 15.1 9.8 45.1 30.5
Interest Income 1.0 2.0 3.1 5.4
Income Before Taxes 86.0 66.9 224.9 207.0
Provision For Income Taxes 21.7 18.1 57.8 55.1
Net Income 64.3 48.8 167.1 151.9
Less: Net Income Attributable to Noncontrolling Interests 0.9 1.3 4.5 4.4
Net Income Attributable to Regal Beloit Corporation $ 63.4 $ 47.5 $ 162.6 $ 147.5
Earnings Per Share Attributable to Regal Beloit Corporation:        
Basic (in dollars per share) $ 1.42 $ 1.06 $ 3.63 $ 3.27
Assuming Dilution (in dollars per share) 1.41 1.05 3.61 3.25
Cash Dividends Declared Per Share (in dollars per share) $ 0.23 $ 0.22 $ 0.68 $ 0.64
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 44.8 44.9 44.8 45.1
Assuming Dilution (in shares) 45.1 45.2 45.1 45.4