Quarterly Financial Information (Tables)

12 Months Ended

Jan. 02, 2021

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

Quarterly Financial Information

(Unaudited)

(Amounts in Millions, Except per Share Data)

	1st Quarter				2nd Quarter				3rd Quarter				4th Quarter
	2020		2019		2020		2019		2020		2019		2020		2019
Net Sales	$	734.2	$	853.8	$	634.1	$	873.7	$	758.2	$	772.3	$	780.5	$	738.2
Gross Profit	203.3		234.6		170.3		234.0		221.6		201.9		213.5		190.2
Income from Operations (1)	70.0		120.6		45.9		96.0		90.0		72.8		74.2		61.7
Net Income	46.7		86.8		29.3		67.4		66.3		50.8		51.5		37.6
Net Income Attributable to Regal Beloit Corporation	45.8		85.9		28.1		66.6		65.0		49.7		50.4		36.7
Earnings Per Share Attributable to Regal Beloit Corporation (2)
Basic	1.13		2.01		0.69		1.56		1.60		1.20		1.24		0.90
Assuming Dilution	1.12		1.99		0.69		1.55		1.60		1.19		1.23		0.89
Weighted Average Number of Shares Outstanding
Basic	40.6		42.8		40.5		42.6		40.6		41.5		40.6		40.9
Assuming Dilution	40.8		43.1		40.7		43.0		40.8		41.7		40.9		41.1
Net Sales
Commercial Systems	$	199.4	$	242.2	$	175.9	$	246.3	$	218.5	$	214.8	$	226.4	$	202.0
Industrial Systems	129.6		138.1		120.6		155.5		138.8		143.8		139.8		138.0
Climate Solutions	210.1		263.3		178.2		267.9		234.0		230.9		224.5		206.4
Power Transmission Solutions	195.1		210.2		159.4		204.0		166.9		182.8		189.8		191.8
Income (Loss) from Operations
Commercial Systems (3)	12.1		59.4		6.2		19.6		24.6		16.9		22.2		10.9
Industrial Systems (3)	(0.1)		(5.9)		3.2		(0.1)		7.3		(2.6)		(14.9)		(4.4)
Climate Solutions	29.5		38.9		20.0		51.7		39.2		37.6		41.3		35.7
Power Transmission Solutions	28.5		28.2		16.5		24.8		18.9		20.9		25.6		19.5
(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.
(3) Retrospectively adjusted due to change in accounting principle related to LIFO inventories as discussed in Note 3.