XML 89 R78.htm IDEA: XBRL DOCUMENT v3.23.2
Impairment and Restructuring Charges - Narrative (Details)
$ in Millions
3 Months Ended 6 Months Ended
Jan. 16, 2023
USD ($)
employee
Oct. 31, 2022
employee
Feb. 04, 2020
employee
Jun. 30, 2023
USD ($)
Mar. 31, 2023
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2023
USD ($)
segment
Jun. 30, 2022
USD ($)
Restructuring Cost and Reserve [Line Items]                
Severance and related benefit costs       $ 2.3   $ 1.0 $ 2.9 $ 1.3
Impairment charges           8.8 28.3 8.8
Exit costs       0.2   0.2 $ 0.2 0.9
Number of reportable segments | segment             2  
Impairment loss         $ 28.3   $ 28.3  
Engineered Bearings                
Restructuring Cost and Reserve [Line Items]                
Severance and related benefit costs       1.5   0.6 2.2 1.0
Impairment charges           8.8 0.0 8.8
Exit costs       0.2   0.2 0.2 0.8
Impairment loss             0.0  
Industrial Motion                
Restructuring Cost and Reserve [Line Items]                
Severance and related benefit costs       0.8   0.4 0.7 0.3
Impairment charges           0.0 28.3 0.0
Exit costs       0.0   0.0 0.0 0.1
Impairment loss             28.3  
Gaffney, South Carolina | Facility Closing | Engineered Bearings                
Restructuring Cost and Reserve [Line Items]                
Number of employees expected to be affected | employee 225              
Severance and related benefit costs       0.9     1.7  
Restructuring charges             6.1  
Gaffney, South Carolina | Facility Closing | Engineered Bearings | Minimum                
Restructuring Cost and Reserve [Line Items]                
Expected costs $ 10.0              
Gaffney, South Carolina | Facility Closing | Engineered Bearings | Maximum                
Restructuring Cost and Reserve [Line Items]                
Expected costs $ 12.0              
Russia | Facility Closing | Engineered Bearings                
Restructuring Cost and Reserve [Line Items]                
Impairment charges       $ 8.8        
Villa Carcina, Italy | Facility Closing | Engineered Bearings                
Restructuring Cost and Reserve [Line Items]                
Severance and related benefit costs           0.4   0.8
Restructuring charges             9.8  
Number of positions eliminated | employee   110            
Exit costs           $ 0.4   $ 1.0
Indianapolis, Indiana | Industrial Motion                
Restructuring Cost and Reserve [Line Items]                
Restructuring charges             $ 14.8  
Number of employees expected to be hired | employee     130          
Indianapolis, Indiana | Facility Closing | Industrial Motion                
Restructuring Cost and Reserve [Line Items]                
Number of employees expected to be affected | employee     240