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BASIS OF PRESENTATION (Tables)
6 Months Ended
Jul. 01, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Financial Data for Reportable Segments and Other Operating Segments The impact of this change on the Segment Income previously presented for the three and six months ended July 2, 2022 is summarized below:
Three months ended July 2, 2022Six months ended July 2, 2022
As Previously PresentedEffect of ChangeCurrent PresentationAs Previously PresentedEffect of ChangeCurrent Presentation
Income:
HVAC reportable segment$25.6 $2.7 $28.3 $40.8 $8.1 $48.9 
Detection and Measurement reportable segment22.5 5.3 27.8 37.5 9.3 46.8 
Total income for segments48.1 8.0 56.1 78.3 17.4 95.7 
Corporate expense16.4 — 16.4 33.0 — 33.0 
Acquisition related costs (1)
— 0.9 0.9 — 1.0 1.0 
Long-term incentive compensation expense2.5 — 2.5 5.6 — 5.6 
Amortization of intangible assets— 7.1 7.1 — 16.4 16.4 
Special charges, net0.1 — 0.1 0.1 — 0.1 
Other operating expense, net1.9 — 1.9 1.0 — 1.0 
Consolidated operating income$27.2 $— $27.2 $38.6 $— $38.6 
________________________________
(1)Represents additional “Cost of products sold” related to the step-up of inventory (to fair value) acquired in connection with the ITL acquisition of $0.9 and $1.0 during the three and six months ended July 2, 2022, respectively.
Financial data for our reportable segments for the three and six months ended July 1, 2023 and July 2, 2022 are presented below:
 Three months ended Six months ended
July 1,
2023
July 2,
2022
July 1,
2023
July 2,
2022
Revenues:  
HVAC reportable segment$269.0 $218.7 $520.6 $411.8 
Detection and Measurement reportable segment154.3 135.3 302.5 249.3 
Consolidated revenues$423.3 $354.0 $823.1 $661.1 
Income:  
HVAC reportable segment$55.2 $28.3 $102.9 $48.9 
Detection and Measurement reportable segment29.2 27.8 55.9 46.8 
Total income for segments84.4 56.1 158.8 95.7 
Corporate expense16.6 16.4 31.2 33.0 
Acquisition-related and other costs (1)
1.5 0.9 2.1 1.0 
Long-term incentive compensation expense3.5 2.5 6.6 5.6 
Amortization of intangible assets11.5 7.1 17.8 16.4 
Special charges, net— 0.1 — 0.1 
Other operating expense— 1.9 — 1.0 
Consolidated operating income$51.3 $27.2 $101.1 $38.6 
________________________________
(1)Represents certain acquisition-related costs incurred of $1.5 and $2.1 during the three and six months ended July 1, 2023, respectively, and $0.9 and $1.0 during the three and six months ended July 2, 2022, respectively, including additional “Cost of products sold” related to the step-up of inventory (to fair value) acquired in connection with the ASPEQ acquisition of $1.1 during the three and six months ended July 1, 2023 and the ITL acquisition of $0.9 and $1.0 during the three and six months ended July 2, 2022, respectively.