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INFORMATION ON REPORTABLE AND OTHER OPERATING SEGMENTS
6 Months Ended
Jun. 27, 2020
Segment Reporting [Abstract]  
INFORMATION ON REPORTABLE AND OTHER OPERATING SEGMENTS INFORMATION ON REPORTABLE AND OTHER OPERATING SEGMENTS
We are a global supplier of highly specialized, engineered solutions with operations in 17 countries and sales in over 100 countries around the world.
Our DB Thermal (“DBT”) and Heat Transfer operating segments are being reported in an “All Other” category for segment reporting purposes. We have aggregated our other operating segments into the following three reportable segments: HVAC, Detection and Measurement, and Engineered Solutions. The factors considered in determining our aggregated segments are the economic similarity of the businesses, the nature of products sold or services provided, production processes, types of customers, distribution methods, and regulatory environment. In determining our reportable segments, we apply the threshold criteria of the Segment Reporting Topic of the ASC. Operating income or loss for each of our operating segments is determined before considering impairment and special charges, long-term incentive compensation, certain other operating income/expenses, and other indirect corporate expenses. This is consistent with the way our chief operating decision maker evaluates the results of each segment.
HVAC Reportable Segment
Our HVAC reportable segment engineers, designs, manufactures, installs and services cooling products for the HVAC and industrial markets, as well as boilers and comfort heating and ventilation products for the residential and commercial markets. The primary distribution channels for the segment’s products are direct to customers, independent manufacturing representatives, third-party distributors, and retailers. The segment serves a customer base in North America, Europe, and Asia Pacific.
Detection and Measurement Reportable Segment
Our Detection and Measurement reportable segment engineers, designs, manufactures and installs underground pipe and cable locators, inspection and rehabilitation equipment, bus fare collection systems, communication technologies, and obstruction lighting. The primary distribution channels for the segment’s products are direct to customers and third-party distributors. The segment serves a global customer base, with a strong presence in North America, Europe, Africa and Asia Pacific.
Engineered Solutions Reportable Segment
Our Engineered Solutions reportable segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market and process cooling equipment for the industrial and power generation markets. The primary distribution channels for the segment’s products are direct to customers and third-party representatives. The segment has a strong presence in North America.
All Other
Our “All Other” group of operating segments engineer, design, manufacture, install and service equipment, including heat exchangers, primarily for the industrial and power generation markets. The primary distribution channels for the group’s products are direct to customers and third-party representatives. These operating segments have a presence in North America and South Africa.
Corporate Expense
Corporate expense generally relates to the cost of our Charlotte, North Carolina corporate headquarters.
Financial data for our reportable segments and other operating segments for the three and six months ended June 27, 2020 and June 29, 2019 are presented below:
 Three months endedSix months ended
June 27,
2020
June 29,
2019
June 27,
2020
June 29,
2019
Revenues:  
HVAC reportable segment$132.3  $130.9  $250.8  $259.3  
Detection and Measurement reportable segment92.1  101.7  184.0  186.8  
Engineered Solutions reportable segment146.8  139.0  301.7  277.0  
All Other (1)
2.0  0.8  6.0  (7.1) 
Consolidated revenues$373.2  $372.4  $742.5  $716.0  
Income (loss):  
HVAC reportable segment$18.2  $16.7  $33.2  $35.1  
Detection and Measurement reportable segment16.0  21.7  34.2  38.7  
Engineered Solutions reportable segment17.6  13.0  35.5  21.0  
All Other (1)
(4.2) (10.0) (8.1) (32.6) 
Total income for segments47.6  41.4  94.8  62.2  
Corporate expense(8.5) (10.5) (19.6) (22.9) 
Long-term incentive compensation expense(3.3) (3.3) (6.8) (6.8) 
Special charges, net(1.4) (1.3) (1.7) (1.4) 
Other operating income (expense)—  —  0.4  (1.8) 
Consolidated operating income$34.4  $26.3  $67.1  $29.3  
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(1)As indicated in Note 4, during the three and six months ended June 29, 2019, we reduced the amount of cumulative revenue associated with the variable consideration on the large power projects in South Africa by $6.0 and $23.5, respectively.