2018 Q2 Form 10-Q Financial Statement

#000008820518000013 Filed on August 03, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q3
Revenue $379.2M $349.7M
YoY Change 11.33% -5.84%
Cost Of Revenue $281.5M $263.4M
YoY Change 11.49% -6.03%
Gross Profit $97.70M $85.10M
YoY Change 10.9% -6.59%
Gross Profit Margin 25.76% 24.34%
Selling, General & Admin $72.60M $64.40M
YoY Change 6.3% -11.54%
% of Gross Profit 74.31% 75.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.800M $6.300M
YoY Change 7.94% -16.0%
% of Gross Profit 6.96% 7.4%
Operating Expenses $72.60M $64.40M
YoY Change 6.3% -11.54%
Operating Profit $22.70M $29.70M
YoY Change 18.85% 115.22%
Interest Expense $5.100M $4.300M
YoY Change 27.5% 13.16%
% of Operating Profit 22.47% 14.48%
Other Income/Expense, Net $0.00 $1.200M
YoY Change -100.0% 1100.0%
Pretax Income $20.10M $26.80M
YoY Change 48.89% 160.19%
Income Tax $400.0K $4.800M
% Of Pretax Income 1.99% 17.91%
Net Earnings $23.00M $22.30M
YoY Change 32.18% 457.5%
Net Earnings / Revenue 6.07% 6.38%
Basic Earnings Per Share $0.54 $0.52
Diluted Earnings Per Share $0.51 $0.51
COMMON SHARES
Basic Shares Outstanding 42.99M shares 42.54M shares
Diluted Shares Outstanding 44.72M shares 44.06M shares

Balance Sheet

Concept 2018 Q2 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $66.70M $83.50M
YoY Change -28.05% -18.14%
Cash & Equivalents $66.70M $87.20M
Short-Term Investments
Other Short-Term Assets $74.30M $39.60M
YoY Change 180.38% 9.39%
Inventory $141.9M $165.6M
Prepaid Expenses
Receivables $247.1M $266.6M
Other Receivables $0.00 $0.00
Total Short-Term Assets $622.4M $559.0M
YoY Change 21.78% -15.33%
LONG-TERM ASSETS
Property, Plant & Equipment $188.2M $188.8M
YoY Change -2.79% -11.53%
Goodwill $393.3M $345.4M
YoY Change 15.03% 0.49%
Intangibles $201.9M $117.7M
YoY Change 71.1% -19.55%
Long-Term Investments
YoY Change
Other Assets $688.5M $675.0M
YoY Change 2.61% 8.26%
Total Long-Term Assets $1.501B $1.374B
YoY Change 8.22% -0.36%
TOTAL ASSETS
Total Short-Term Assets $622.4M $559.0M
Total Long-Term Assets $1.501B $1.374B
Total Assets $2.124B $1.933B
YoY Change 11.87% -5.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $150.7M $143.3M
YoY Change 13.22% -3.7%
Accrued Expenses $179.8M $284.3M
YoY Change -35.02% -25.81%
Deferred Revenue $78.30M
YoY Change
Short-Term Debt $124.1M $39.00M
YoY Change 625.73% 81.4%
Long-Term Debt Due $9.200M $18.00M
YoY Change -48.89% 0.56%
Total Short-Term Liabilities $543.9M $486.0M
YoY Change 20.63% -15.57%
LONG-TERM LIABILITIES
Long-Term Debt $340.6M $315.4M
YoY Change 6.64% -5.71%
Other Long-Term Liabilities $849.1M $841.2M
YoY Change -2.86% 4.17%
Total Long-Term Liabilities $1.221B $1.192B
YoY Change -1.23% 0.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $543.9M $486.0M
Total Long-Term Liabilities $1.221B $1.192B
Total Liabilities $1.765B $1.678B
YoY Change 4.61% -5.01%
SHAREHOLDERS EQUITY
Retained Earnings -$707.9M -$800.9M
YoY Change -13.06% -187.55%
Common Stock $1.306B $1.306B
YoY Change 0.83% -49.45%
Preferred Stock
YoY Change
Treasury Stock (at cost) $491.3M $503.6M
YoY Change -2.6% -85.48%
Treasury Stock Shares 8.325M shares 8.540M shares
Shareholders Equity $358.6M $208.7M
YoY Change
Total Liabilities & Shareholders Equity $2.124B $1.933B
YoY Change 11.87% -5.2%

Cashflow Statement

Concept 2018 Q2 2017 Q3
OPERATING ACTIVITIES
Net Income $23.00M $22.30M
YoY Change 32.18% 457.5%
Depreciation, Depletion And Amortization $6.800M $6.300M
YoY Change 7.94% -16.0%
Cash From Operating Activities $2.400M -$17.10M
YoY Change 41.18% -175.0%
INVESTING ACTIVITIES
Capital Expenditures -$2.200M -$2.600M
YoY Change 0.0% 0.0%
Acquisitions
YoY Change
Other Investing Activities -$153.8M $0.00
YoY Change -100.0%
Cash From Investing Activities -$156.0M -$2.600M
YoY Change 6990.91% -33.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 117.5M 12.90M
YoY Change -2403.92% -177.71%
NET CHANGE
Cash From Operating Activities 2.400M -17.10M
Cash From Investing Activities -156.0M -2.600M
Cash From Financing Activities 117.5M 12.90M
Net Change In Cash -36.10M -6.800M
YoY Change 544.64% -395.65%
FREE CASH FLOW
Cash From Operating Activities $2.400M -$17.10M
Capital Expenditures -$2.200M -$2.600M
Free Cash Flow $4.600M -$14.50M
YoY Change 17.95% -157.09%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000088205
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
43051057 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
SPX CORP
spxc Accumulated Impairments Related To Foreign Currency Translation And Other
AccumulatedImpairmentsRelatedToForeignCurrencyTranslationAndOther
-2000000 USD
spxc Borrowing Under Trade Receivables Agreement
BorrowingUnderTradeReceivablesAgreement
40000000 USD
spxc Borrowing Under Trade Receivables Agreement
BorrowingUnderTradeReceivablesAgreement
32000000 USD
spxc Borrowings Under Senior Credit Facilities
BorrowingsUnderSeniorCreditFacilities
16000000 USD
spxc Borrowings Under Senior Credit Facilities
BorrowingsUnderSeniorCreditFacilities
129000000 USD
CY2018Q2 spxc Contractwith Customers Net
ContractwithCustomersNet
252000000 USD
CY2018Q1 spxc Contractwith Customers Net
ContractwithCustomersNet
206700000 USD
spxc Goodwill Related To Foreign Currency Translation And Other
GoodwillRelatedToForeignCurrencyTranslationAndOther
-1000000 USD
spxc Gross Goodwill Related To Foreign Currency Translation And Other
GrossGoodwillRelatedToForeignCurrencyTranslationAndOther
-3000000 USD
CY2018Q2 spxc Income Tax Expense Benefit Relatedto Valuation Allowances
IncomeTaxExpenseBenefitRelatedtoValuationAllowances
1700000 USD
spxc Increase Decreasein Accounts Receivable Net
IncreaseDecreaseinAccountsReceivableNet
17000000 USD
spxc Increase Decreasein Contractwith Customer Asset Net Current
IncreaseDecreaseinContractwithCustomerAssetNetCurrent
21700000 USD
spxc Increase Decreasein Contractwith Customer Liability Current
IncreaseDecreaseinContractwithCustomerLiabilityCurrent
8600000 USD
spxc Increase Decreasein Contractwith Customer Liability Noncurrent
IncreaseDecreaseinContractwithCustomerLiabilityNoncurrent
-2000000 USD
spxc Increase Decreasein Contractwith Customers Net
IncreaseDecreaseinContractwithCustomersNet
45300000 USD
spxc Number Of Days In Second And Third Quarter
NumberOfDaysInSecondAndThirdQuarter
P91D
spxc Proceeds From Sale Of Assets
ProceedsFromSaleOfAssets
0 USD
spxc Proceeds From Sale Of Assets
ProceedsFromSaleOfAssets
10100000 USD
spxc Repayments Under Senior Credit Facilities
RepaymentsUnderSeniorCreditFacilities
24700000 USD
spxc Repayments Under Senior Credit Facilities
RepaymentsUnderSeniorCreditFacilities
33000000 USD
spxc Repayments Under Trade Receivables Agreement
RepaymentsUnderTradeReceivablesAgreement
19000000 USD
spxc Repayments Under Trade Receivables Agreement
RepaymentsUnderTradeReceivablesAgreement
10000000 USD
CY2016Q4 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
900000 USD
CY2017Q3 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
900000 USD
CY2017Q4 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
600000 USD
CY2018Q2 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
2700000 USD
spxc Restructuring And Integration Reserves Period Expense
RestructuringAndIntegrationReservesPeriodExpense
1000000 USD
spxc Restructuring And Integration Reserves Period Expense
RestructuringAndIntegrationReservesPeriodExpense
3000000 USD
CY2017Q3 spxc Special Charges
SpecialCharges
500000 USD
spxc Special Charges
SpecialCharges
1000000 USD
CY2018Q2 spxc Special Charges
SpecialCharges
1600000 USD
spxc Special Charges
SpecialCharges
3600000 USD
spxc Special Charges Non Cash
SpecialChargesNonCash
600000 USD
spxc Standardand Extended Product Warranty Accrual Impactof Initial Adoptionof606
StandardandExtendedProductWarrantyAccrualImpactofInitialAdoptionof606
0 USD
spxc Standardand Extended Product Warranty Accrual Impactof Initial Adoptionof606
StandardandExtendedProductWarrantyAccrualImpactofInitialAdoptionof606
400000 USD
CY2017Q4 spxc Tax Cutsand Jobs Actof2017 Incomplete Accounting Changein Tax Rate Existing Income Tax Expense Benefit
TaxCutsandJobsActof2017IncompleteAccountingChangeinTaxRateExistingIncomeTaxExpenseBenefit
11800000 USD
CY2018Q2 spxc Tax Cutsand Jobs Actof2017 Incomplete Accounting Changein Tax Rate Provisional Income Tax Expense Benefit
TaxCutsandJobsActof2017IncompleteAccountingChangeinTaxRateProvisionalIncomeTaxExpenseBenefit
1100000 USD
spxc Tax Cutsand Jobs Actof2017 Incomplete Accounting Changein Tax Rate Provisional Income Tax Expense Benefit
TaxCutsandJobsActof2017IncompleteAccountingChangeinTaxRateProvisionalIncomeTaxExpenseBenefit
400000 USD
CY2018Q2 spxc Unrecognized Tax Benefits Interest On Income Taxes Accrued Net
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccruedNet
3400000 USD
CY2018Q2 spxc Unrecognized Tax Benefits Net
UnrecognizedTaxBenefitsNet
20200000 USD
CY2017Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
159700000 USD
CY2018Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
150700000 USD
CY2018Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
239900000 USD
CY2018Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
222900000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
267500000 USD
CY2018Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
247100000 USD
CY2018Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
231500000 USD
CY2017Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1200000 USD
CY2018Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1800000 USD
CY2017Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
292600000 USD
CY2018Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
179800000 USD
CY2018Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
193600000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
280100000 USD
CY2018Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
288700000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
250100000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
251500000 USD
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
249800000 USD
CY2017Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1309800000 USD
CY2018Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1305800000 USD
CY2017Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
300000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
800000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 USD
CY2017Q4 us-gaap Assets
Assets
2040400000 USD
CY2018Q2 us-gaap Assets
Assets
2123800000 USD
CY2017Q4 us-gaap Assets Current
AssetsCurrent
632500000 USD
CY2018Q2 us-gaap Assets Current
AssetsCurrent
622400000 USD
CY2017Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
120500000 USD
CY2018Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
124900000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
124300000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
66700000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
99600000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
83500000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
124300000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
66700000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-16100000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-57600000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
2400000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-5700000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-1100000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
51186064 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
51359014 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
42650599 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43033785 shares
CY2017Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
500000 USD
CY2018Q2 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
500000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-8900000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7500000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
20000000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
36800000 USD
CY2017Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
0 USD
CY2018Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
92400000 USD
CY2018Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
70700000 USD
CY2018Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
86900000 USD
CY2017Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
0 USD
CY2018Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
78300000 USD
CY2018Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
86900000 USD
CY2018Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2000000 USD
CY2018Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
0 USD
CY2018Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
15800000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
49900000 USD
CY2017Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
273600000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
526100000 USD
CY2018Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
281500000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
543300000 USD
us-gaap Debt Instrument Increase Decrease Other Net
DebtInstrumentIncreaseDecreaseOtherNet
200000 USD
CY2017Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
356800000 USD
CY2018Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
473900000 USD
CY2017Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
50900000 USD
CY2018Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
29500000 USD
CY2018Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
50000000 USD
CY2017Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
29600000 USD
CY2018Q2 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
31600000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-3800000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
6100000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12600000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13400000 USD
CY2017Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-700000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
6400000 USD
CY2018Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
3300000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
3300000 USD
CY2017Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-900000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-3500000 USD
CY2018Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
5600000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
5600000 USD
CY2017Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 USD
CY2018Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 USD
CY2017Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-200000 USD
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-9900000 USD
CY2018Q2 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
2300000 USD
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
2300000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.83
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-3700000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-900000 USD
CY2017Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-2.609
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.821
CY2018Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.020
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.123
CY2017Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
900000 USD
CY2017Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
155400000 USD
CY2018Q2 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
153800000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14300000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
13800000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
5400000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4200000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5400000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
5400000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5400000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5.3 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
19700000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
77700000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5400000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
63900000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
345900000 USD
CY2017Q4 us-gaap Goodwill Gross
GoodwillGross
838600000 USD
CY2018Q2 us-gaap Goodwill
Goodwill
393300000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
48400000 USD
CY2018Q2 us-gaap Goodwill Gross
GoodwillGross
884000000 USD
CY2017Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
492700000 USD
CY2018Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
490700000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2300000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11200000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20100000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
36600000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-8300000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
2000000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
19700000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
32100000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.19
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.05
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.46
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.75
CY2017Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.19
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.04
CY2018Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.44
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.72
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-700000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
6400000 USD
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
3300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
3300000 USD
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.15
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.08
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.08
CY2017Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.02
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.15
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.07
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.07
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6000000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9200000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4500000 USD
CY2017Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
62400000 USD
CY2018Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
49000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-22300000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-67400000 USD
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-5800000 USD
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-11100000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
20300000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4800000 USD
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1373000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1735000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1664000 shares
us-gaap Insurance Recoveries
InsuranceRecoveries
19400000 USD
CY2017Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
131900000 USD
CY2018Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
215700000 USD
CY2017Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
117600000 USD
CY2018Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
201900000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
4600000 USD
us-gaap Interest Expense
InterestExpense
8600000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
5100000 USD
us-gaap Interest Expense
InterestExpense
9400000 USD
CY2017Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
33000000 USD
CY2018Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
47300000 USD
CY2017Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
12400000 USD
CY2018Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
11900000 USD
CY2017Q4 us-gaap Inventory Net
InventoryNet
143000000 USD
CY2018Q2 us-gaap Inventory Net
InventoryNet
141900000 USD
CY2018Q1 us-gaap Inventory Net
InventoryNet
102800000 USD
CY2017Q4 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
66400000 USD
CY2018Q2 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
83500000 USD
CY2017Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
56000000 USD
CY2018Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
23000000 USD
CY2017Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
300000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
700000 USD
CY2018Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
300000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
800000 USD
CY2017Q4 us-gaap Land
Land
15800000 USD
CY2018Q2 us-gaap Land
Land
19300000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2040400000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2123800000 USD
CY2017Q4 us-gaap Liabilities Current
LiabilitiesCurrent
461000000 USD
CY2018Q2 us-gaap Liabilities Current
LiabilitiesCurrent
543900000 USD
CY2017Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1264700000 USD
CY2018Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1221300000 USD
CY2017Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
641200000 USD
CY2018Q2 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
615300000 USD
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
24800000 USD
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
7800000 USD
CY2017Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
349300000 USD
CY2018Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
340600000 USD
CY2017Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
500000 USD
CY2018Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
9200000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7800000 USD
CY2017Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
685700000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
113900000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4500000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4500000 USD
CY2018Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
658700000 USD
CY2017Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
330400000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-177700000 USD
CY2018Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
332700000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
113900000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
7800000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-175300000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-15700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4700000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-10000000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
5800000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5200000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
24300000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
22700000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
42000000 USD
CY2017Q4 us-gaap Other Assets Current
OtherAssetsCurrent
97700000 USD
CY2018Q2 us-gaap Other Assets Current
OtherAssetsCurrent
74300000 USD
CY2018Q1 us-gaap Other Assets Current
OtherAssetsCurrent
94100000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
706900000 USD
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
688500000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
500000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
100000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
200000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
600000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
100000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
300000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
5200000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
885800000 USD
CY2018Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
849100000 USD
CY2018Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
884200000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1700000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-700000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3200000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5200000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2200000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3200000 USD
us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
-300000 USD
us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
-200000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
1000000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
900000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1800000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
182600000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4800000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5400000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
7500000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
3800000 USD
CY2017Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.56
CY2018Q2 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.44
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
174300000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-2700000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1100000 USD
CY2016Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
35800000 USD
CY2017Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
33100000 USD
CY2017Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
33900000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
476900000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
186600000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
188200000 USD
CY2018Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
33200000 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
1300000 USD
CY2017Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
12700000 USD
CY2018Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
13600000 USD
CY2017Q3 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
20400000 USD
CY2018Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
19600000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
8100000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6700000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5200000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4300000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
-9000000 USD
us-gaap Profit Loss
ProfitLoss
8400000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
23000000 USD
us-gaap Profit Loss
ProfitLoss
35400000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
466700000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
57400000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-742300000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-707900000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-738300000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
349700000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
690300000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
379200000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
731100000 USD
CY2018Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
71400000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
349700000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
690300000 USD
CY2018Q2 us-gaap Sales Revenue Net
SalesRevenueNet
379200000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
731100000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
70300000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
138600000 USD
CY2018Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
72600000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
141200000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6800000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8100000 USD
CY2017Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
7000000 USD
CY2018Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
124100000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-200000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
314700000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
358600000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
8535465 shares
CY2018Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
8325229 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
503400000 USD
CY2018Q2 us-gaap Treasury Stock Value
TreasuryStockValue
491300000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
29000000 USD
us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
4500000 USD
CY2018Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
16500000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42388000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43622000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44723000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44545000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42388000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42249000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42988000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42881000 shares
us-gaap Fiscal Period
FiscalPeriod
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We establish actual interim closing dates using a fiscal calendar, which requires our businesses to close their books on the Saturday closest to the end of the first calendar quarter, with the second and third quarters being </font><font style="font-family:inherit;font-size:10pt;">91</font><font style="font-family:inherit;font-size:10pt;"> days in length. Our fourth quarter ends on December&#160;31. The interim closing dates for the first, second and third quarters of 2018 are March 31, June 30 and September&#160;29, compared to the respective April&#160;1, July&#160;1 and September&#160;30, 2017 dates. We had one less day in the first quarter of 2018 and will have one more day in the fourth quarter of 2018 than in the respective 2017 periods. We do not believe the one less day during the first quarter of 2018 had a material impact on our consolidated operating results for the first half of 2018, when compared to the consolidated operating results for the first half of 2017.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preparing financial statements requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results could differ from these estimates. The unaudited information included in this Quarterly Report on Form&#160;10-Q should be read in conjunction with the consolidated financial statements contained in our Annual Report on Form&#160;10-K for the year ended December 31, 2017. Interim results are not necessarily indicative of full year results. We have reclassified certain prior year amounts to conform to the current year presentation. Unless otherwise indicated, amounts provided in these Notes pertain to continuing operations only. See Note 3 for information on discontinued operations.</font></div></div>

Files In Submission

Name View Source Status
0000088205-18-000013-index-headers.html Edgar Link pending
0000088205-18-000013-index.html Edgar Link pending
0000088205-18-000013.txt Edgar Link pending
0000088205-18-000013-xbrl.zip Edgar Link pending
exhibit311q22018.htm Edgar Link pending
exhibit312q22018.htm Edgar Link pending
exhibit321q22018.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
spx-20180630x10q.htm Edgar Link pending
spxc-20180630.xml Edgar Link completed
spxc-20180630.xsd Edgar Link pending
spxc-20180630_cal.xml Edgar Link unprocessable
spxc-20180630_def.xml Edgar Link unprocessable
spxc-20180630_lab.xml Edgar Link unprocessable
spxc-20180630_pre.xml Edgar Link unprocessable