XML 70 R61.htm IDEA: XBRL DOCUMENT v3.22.2
INDEBTEDNESS - Summary of Debt Activity (Details) - USD ($)
6 Months Ended
Jul. 02, 2022
Dec. 31, 2021
Debt    
Balance at the beginning of the period $ 246,000,000.0  
Borrowings 100,000  
Repayments (6,600,000)  
Other 100,000  
Balance at the end of the period 239,600,000  
Less: short-term debt 2,100,000 $ 2,200,000
Less: current maturities of long-term debt 13,000,000.0 13,000,000.0
Long-term debt 224,500,000 230,800,000
Trade receivables financing arrangement    
Debt    
Balance at the beginning of the period 0  
Borrowings 0  
Repayments 0  
Other 0  
Balance at the end of the period 0  
Maximum borrowing capacity under financing arrangement 50,000,000.0  
Other indebtedness    
Debt    
Balance at the beginning of the period 3,300,000  
Borrowings 100,000  
Repayments (300,000)  
Other 0  
Balance at the end of the period 3,100,000  
Purchase card programs 2,100,000 2,200,000
Finance lease, liability 1,000,000.0 1,100,000
Revolving loans | Current Revolving SPX Facilities    
Debt    
Balance at the beginning of the period 0  
Borrowings 0  
Repayments 0  
Other 0  
Balance at the end of the period 0  
Term loan | Current SPX Term Loan Facilities    
Debt    
Balance at the beginning of the period 242,700,000  
Borrowings 0  
Repayments (6,300,000)  
Other 100,000  
Balance at the end of the period 236,500,000  
Face amount of debt 250,000,000.0  
Unamortized debt issuance costs $ 900,000 $ 1,000,000.0
Term loan | Current SPX Term Loan Facilities | 2022 and 2023    
Debt    
Periodic payment (as a percent of principal) 1.25%  
Term loan | Current SPX Term Loan Facilities | First three quarters of 2024    
Debt    
Periodic payment (as a percent of principal) 1.25%