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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jul. 01, 2017
Jun. 30, 2018
Jul. 01, 2017
Income Statement [Abstract]        
Total Sales $ 959.7 $ 869.2 $ 1,838.5 $ 1,682.7
Cost of Sales 712.3 646.4 1,356.2 1,244.4
Gross Profit 247.4 222.8 482.3 438.3
Operating Expenses 147.8 139.6 294.5 280.1
Income From Operations 99.6 83.2 187.8 158.2
Other Expenses, net 0.4 0.2 0.8 0.4
Interest Expense 14.2 14.7 27.2 29.1
Interest Income 0.6 1.0 0.8 2.0
Income Before Taxes 85.6 69.3 160.6 130.7
Provision For Income Taxes 18.3 15.0 34.0 28.8
Net Income 67.3 54.3 126.6 101.9
Less: Net Income Attributable to Noncontrolling Interests 1.4 1.3 2.3 2.6
Net Income Attributable to Regal Beloit Corporation $ 65.9 $ 53.0 $ 124.3 $ 99.3
Earnings Per Share Attributable to Regal Beloit Corporation:        
Basic (in dollars per share) $ 1.51 $ 1.19 $ 2.83 $ 2.22
Assuming Dilution (in dollars per share) 1.50 1.18 2.81 2.20
Cash Dividends Declared Per Share (in dollars per share) $ 0.28 $ 0.26 $ 0.54 $ 0.50
Weighted Average Number of Shares Outstanding:        
Basic (in shares) 43.8 44.7 44.0 44.8
Assuming Dilution (in shares) 44.1 45.1 44.3 45.1