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Quarterly Financial Information

12 Months Ended

Dec. 28, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information

Quarterly Financial Information

(Unaudited)

(Amounts in Millions, Except per Share Data)



	1st Quarter								2nd Quarter								3rd Quarter								4th Quarter
	2019				2018				2019				2018				2019				2018				2019				2018
Net Sales	$	853.8			$	878.8			$	873.7			$	959.7			$	772.3			$	925.4			$	738.2			$	881.7
Gross Profit	234.6				234.9				234.0				247.4				201.9				242.6				190.2				239.7
Income from Operations ⁽¹⁾	120.6				88.2				96.0				99.6				72.8				69.4				61.7				89.8
Net Income	86.8				59.3				67.4				67.3				50.8				52.7				37.6				56.5
Net Income Attributable to Regal Beloit Corporation	85.9				58.4				66.6				65.9				49.7				51.3				36.7				55.6
Earnings Per Share Attributable to Regal Beloit Corporation ⁽²⁾
Basic	2.01				1.32				1.56				1.51				1.20				1.18				0.90				1.29
Assuming Dilution	1.99				1.31				1.55				1.50				1.19				1.17				0.89				1.28
Weighted Average Number of Shares Outstanding
Basic	42.8				44.2				42.6				43.8				41.5				43.4				40.9				43.1
Assuming Dilution	43.1				44.5				43.0				44.1				41.7				43.8				41.1				43.4
Net Sales
Commercial Systems	$	242.2			$	249.0			$	246.3			$	292.2			$	214.8			$	296.5			$	202.0			$	273.2
Industrial Systems	138.1				165.0				155.5				176.8				143.8				165.8				138.0				163.5
Climate Solutions	263.3				259.9				267.9				277.3				230.9				255.4				206.4				232.2
Power Transmission Solutions	210.2				204.9				204.0				213.4				182.8				207.7				191.8				212.8
Income (Loss) from Operations
Commercial Systems	57.8				19.7				20.8				23.6				16.6				31.2				7.9				27.7
Industrial Systems	(4.3		)		9.4				(1.3		)		6.9				(2.3		)		4.1				(1.4		)		4.4
Climate Solutions	38.9				32.3				51.7				44.0				37.6				6.0				35.7				33.3
Power Transmission Solutions	28.2				26.8				24.8				25.1				20.9				28.1				19.5				24.4
⁽¹⁾ The first quarter 2019 results included a gain on divestiture of $41.2 million included in the Commercial Systems segment.
⁽²⁾Due to the weighting of both earnings and the weighted average number of shares outstanding, the sum of the quarterly earnings per share may not equal the annual earnings per share.