$SPXC
SPX Technologies, Inc.

2020 Q2 Form 10-Q Financial Statement

#000008820520000030 Filed on July 31, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2
Revenue $257.3M $372.4M
YoY Change -30.91% -1.79%
Cost Of Revenue $169.7M $264.2M
YoY Change -35.77% -6.15%
Gross Profit $89.40M $108.2M
YoY Change -17.38% 10.75%
Gross Profit Margin 34.75% 29.05%
Selling, General & Admin $67.40M $78.20M
YoY Change -13.81% 7.71%
% of Gross Profit 75.39% 72.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.300M $8.500M
YoY Change 9.41% 25.0%
% of Gross Profit 10.4% 7.86%
Operating Expenses $67.40M $78.20M
YoY Change -13.81% 7.71%
Operating Profit $17.50M $26.30M
YoY Change -33.46% 15.86%
Interest Expense $4.800M $5.300M
YoY Change -9.43% 3.92%
% of Operating Profit 27.43% 20.15%
Other Income/Expense, Net $5.400M $0.00
YoY Change
Pretax Income $18.20M $23.50M
YoY Change -22.55% 16.92%
Income Tax $3.000M $4.100M
% Of Pretax Income 16.48% 17.45%
Net Earnings $27.10M $19.20M
YoY Change 41.15% -16.52%
Net Earnings / Revenue 10.53% 5.16%
Basic Earnings Per Share $0.62 $0.44
Diluted Earnings Per Share $0.60 $0.43
COMMON SHARES
Basic Shares Outstanding 44.59M shares 43.91M shares
Diluted Shares Outstanding 45.65M shares 44.89M shares

Balance Sheet

Concept 2020 Q2 2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $190.2M $34.60M
YoY Change 449.71% -48.13%
Cash & Equivalents $190.2M $34.60M
Short-Term Investments
Other Short-Term Assets $92.20M $41.40M
YoY Change 122.71% -44.28%
Inventory $181.6M $155.5M
Prepaid Expenses
Receivables $239.5M $251.5M
Other Receivables $24.90M $18.10M
Total Short-Term Assets $769.0M $545.5M
YoY Change 40.97% -12.36%
LONG-TERM ASSETS
Property, Plant & Equipment $178.1M $174.8M
YoY Change 1.89% -7.12%
Goodwill $451.0M $431.4M
YoY Change 4.54% 9.69%
Intangibles $246.5M $229.2M
YoY Change 7.55% 13.52%
Long-Term Investments
YoY Change
Other Assets $603.6M $665.4M
YoY Change -9.29% -3.36%
Total Long-Term Assets $1.487B $1.522B
YoY Change -2.26% 1.36%
TOTAL ASSETS
Total Short-Term Assets $769.0M $545.5M
Total Long-Term Assets $1.487B $1.522B
Total Assets $2.256B $2.067B
YoY Change 9.15% -2.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $137.9M $135.9M
YoY Change 1.47% -9.82%
Accrued Expenses $201.4M $174.5M
YoY Change 15.42% -2.95%
Deferred Revenue $91.10M $80.30M
YoY Change 13.45% 2.55%
Short-Term Debt $266.8M $59.50M
YoY Change 348.4% -52.05%
Long-Term Debt Due $4.100M $14.10M
YoY Change -70.92% 53.26%
Total Short-Term Liabilities $704.0M $466.6M
YoY Change 50.88% -14.21%
LONG-TERM LIABILITIES
Long-Term Debt $247.0M $328.0M
YoY Change -24.7% -3.7%
Other Long-Term Liabilities $727.0M $804.5M
YoY Change -9.63% -5.25%
Total Long-Term Liabilities $1.000B $1.164B
YoY Change -14.06% -4.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $704.0M $466.6M
Total Long-Term Liabilities $1.000B $1.164B
Total Liabilities $1.704B $1.631B
YoY Change 4.52% -7.63%
SHAREHOLDERS EQUITY
Retained Earnings -$535.5M -$631.7M
YoY Change -15.23% -10.76%
Common Stock $1.303B $1.285B
YoY Change 1.41% -1.57%
Preferred Stock
YoY Change
Treasury Stock (at cost) $451.6M $460.1M
YoY Change -1.85% -6.35%
Treasury Stock Shares 7.674M shares 7.817M shares
Shareholders Equity $552.1M $436.7M
YoY Change
Total Liabilities & Shareholders Equity $2.256B $2.067B
YoY Change 9.15% -2.66%

Cashflow Statement

Concept 2020 Q2 2019 Q2
OPERATING ACTIVITIES
Net Income $27.10M $19.20M
YoY Change 41.15% -16.52%
Depreciation, Depletion And Amortization $9.300M $8.500M
YoY Change 9.41% 25.0%
Cash From Operating Activities $26.70M $15.90M
YoY Change 67.92% 562.5%
INVESTING ACTIVITIES
Capital Expenditures -$5.800M -$2.500M
YoY Change 132.0% 13.64%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.700M
YoY Change -100.0% -101.11%
Cash From Investing Activities -$5.800M -$800.0K
YoY Change 625.0% -99.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.800M -19.00M
YoY Change -135.79% -116.17%
NET CHANGE
Cash From Operating Activities 26.70M 15.90M
Cash From Investing Activities -5.800M -800.0K
Cash From Financing Activities 6.800M -19.00M
Net Change In Cash 27.70M -3.900M
YoY Change -810.26% -89.2%
FREE CASH FLOW
Cash From Operating Activities $26.70M $15.90M
Capital Expenditures -$5.800M -$2.500M
Free Cash Flow $32.50M $18.40M
YoY Change 76.63% 300.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0000088205
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
us-gaap:AccountingStandardsUpdate201613Member
us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
us-gaap:AccountingStandardsUpdate201613Member
us-gaap Accounting Standards Update Extensible List
AccountingStandardsUpdateExtensibleList
us-gaap:AccountingStandardsUpdate201613Member
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
CY2020Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P10Y
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-06-27
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-6948
dei Entity Registrant Name
EntityRegistrantName
SPX CORP
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
38-1016240
dei Entity Address Address Line1
EntityAddressAddressLine1
6325 Ardrey Kell Road
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 400
dei Entity Address City Or Town
EntityAddressCityOrTown
Charlotte
dei Entity Address State Or Province
EntityAddressStateOrProvince
NC
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
28277
dei City Area Code
CityAreaCode
980
dei Local Phone Number
LocalPhoneNumber
474-3700
dei Security12b Title
Security12bTitle
Common Stock, par value $0.01
dei Trading Symbol
TradingSymbol
SPXC
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2020Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
44690258 shares
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
373200000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
372400000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
742500000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
716000000.0 USD
CY2020Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
259200000 USD
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
264200000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
514400000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
524600000 USD
CY2020Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
75800000 USD
CY2019Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
78200000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
154700000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
154900000 USD
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2400000 USD
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2400000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5000000.0 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4000000.0 USD
CY2020Q2 spxc Special Charges
SpecialCharges
1400000 USD
CY2019Q2 spxc Special Charges
SpecialCharges
1300000 USD
spxc Special Charges
SpecialCharges
1700000 USD
spxc Special Charges
SpecialCharges
1400000 USD
CY2020Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
0 USD
CY2019Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
0 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
400000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1800000 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
34400000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
26300000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
67100000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
29300000 USD
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5800000 USD
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1900000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6500000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9100000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
4800000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
5300000 USD
us-gaap Interest Expense
InterestExpense
9500000 USD
us-gaap Interest Expense
InterestExpense
10600000 USD
CY2020Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
100000 USD
CY2019Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
600000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
100000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
900000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
35500000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
28700000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7100000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8700000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
28400000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
19400000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
51100000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
20000000.0 USD
CY2020Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 USD
CY2019Q2 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
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 USD
CY2020Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1300000 USD
CY2019Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-200000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1300000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1600000 USD
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1300000 USD
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-200000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-1600000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
27100000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
19200000 USD
us-gaap Net Income Loss
NetIncomeLoss
49800000 USD
us-gaap Net Income Loss
NetIncomeLoss
18400000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.64
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.44
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.15
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.46
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.04
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44590000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43914000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44452000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43767000 shares
CY2020Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.62
CY2019Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.43
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.12
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.45
CY2020Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.04
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45648000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44892000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45620000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44750000 shares
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
31000000.0 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15300000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
40800000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16200000 USD
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
190200000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
54700000 USD
CY2020Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
239500000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
265900000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
65500000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
63400000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
181600000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
154900000 USD
CY2020Q2 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
24900000 USD
CY2019Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
23000000.0 USD
CY2020Q2 us-gaap Other Assets Current
OtherAssetsCurrent
92200000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
93200000 USD
CY2020Q2 us-gaap Assets Current
AssetsCurrent
769000000.0 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
632100000 USD
CY2020Q2 us-gaap Land
Land
19200000 USD
CY2019Q4 us-gaap Land
Land
18700000 USD
CY2020Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
120600000 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
121900000 USD
CY2020Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
349600000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
342600000 USD
CY2020Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
489400000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
483200000 USD
CY2020Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
311300000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
304100000 USD
CY2020Q2 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
178100000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
179100000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
451000000.0 USD
CY2019Q4 us-gaap Goodwill
Goodwill
449300000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
246500000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
251700000 USD
CY2020Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
603600000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
605900000 USD
CY2020Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
8200000 USD
CY2019Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
16400000 USD
CY2020Q2 us-gaap Assets
Assets
2256400000 USD
CY2019Q4 us-gaap Assets
Assets
2134500000 USD
CY2020Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
137900000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
141600000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
91100000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
100800000 USD
CY2020Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
201400000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
220400000 USD
CY2020Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2700000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
2200000 USD
CY2020Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
266800000 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
142600000 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
4100000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000.0 USD
CY2020Q2 us-gaap Liabilities Current
LiabilitiesCurrent
704000000.0 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
608600000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
247000000.0 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
249900000 USD
CY2020Q2 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
26300000 USD
CY2019Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
26300000 USD
CY2020Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
727000000.0 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
747300000 USD
CY2020Q2 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1000300000 USD
CY2019Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1023500000 USD
CY2020Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52326394 shares
CY2020Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44652648 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
52017204 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44202503 shares
CY2020Q2 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
500000 USD
CY2019Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
500000 USD
CY2020Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1303400000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1302400000 USD
CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-535500000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-584800000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
235300000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
244300000 USD
CY2020Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
7673746 shares
CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
7814701 shares
CY2020Q2 us-gaap Treasury Stock Value
TreasuryStockValue
451600000 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
460000000.0 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
552100000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
502400000 USD
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2256400000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2134500000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
515100000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
27100000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3900000 USD
CY2020Q2 spxc Stock Issued During Period Value Share Based Compensation Plans Net Of Tax
StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax
2900000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3100000 USD
CY2020Q2 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
0 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
552100000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
502400000 USD
us-gaap Net Income Loss
NetIncomeLoss
49800000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9000000.0 USD
spxc Stock Issued During Period Value Share Based Compensation Plans Net Of Tax
StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax
7600000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6100000 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-4300000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
552100000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
415300000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
19200000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3900000 USD
CY2019Q2 spxc Stock Issued During Period Value Share Based Compensation Plans Net Of Tax
StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax
3500000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2700000 USD
CY2019Q2 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-100000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
436700000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
414900000 USD
us-gaap Net Income Loss
NetIncomeLoss
18400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2200000 USD
spxc Stock Issued During Period Value Share Based Compensation Plans Net Of Tax
StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax
6900000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5300000 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-6600000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
436700000 USD
us-gaap Profit Loss
ProfitLoss
49800000 USD
us-gaap Profit Loss
ProfitLoss
18400000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1300000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1600000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
51100000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
20000000.0 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
5300000 USD
spxc Special Charges
SpecialCharges
1700000 USD
spxc Special Charges
SpecialCharges
1400000 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
7900000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
11000000.0 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
4400000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
18500000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16600000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
3600000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
5100000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6800000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6800000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-2400000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-600000 USD
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-48800000 USD
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-71000000.0 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
28100000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
18000000.0 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-78900000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-69800000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
1800000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
2200000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
29800000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
28000000.0 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-3500000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-1500000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
26300000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
26500000 USD
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1100000 USD
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
2400000 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
77200000 USD
spxc Proceeds From Sale Of Assets
ProceedsFromSaleOfAssets
0 USD
spxc Proceeds From Sale Of Assets
ProceedsFromSaleOfAssets
5500000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
9400000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
6200000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-8300000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-75500000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8300000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-75500000 USD
spxc Borrowings Under Senior Credit Facilities
BorrowingsUnderSeniorCreditFacilities
178700000 USD
spxc Borrowings Under Senior Credit Facilities
BorrowingsUnderSeniorCreditFacilities
101600000 USD
spxc Repayments Under Senior Credit Facilities
RepaymentsUnderSeniorCreditFacilities
88700000 USD
spxc Repayments Under Senior Credit Facilities
RepaymentsUnderSeniorCreditFacilities
86800000 USD
spxc Borrowing Under Trade Receivables Agreement
BorrowingUnderTradeReceivablesAgreement
65000000.0 USD
spxc Borrowing Under Trade Receivables Agreement
BorrowingUnderTradeReceivablesAgreement
45000000.0 USD
spxc Repayments Under Trade Receivables Agreement
RepaymentsUnderTradeReceivablesAgreement
30000000.0 USD
spxc Repayments Under Trade Receivables Agreement
RepaymentsUnderTradeReceivablesAgreement
44000000.0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1400000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
2700000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1500000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2300000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4800000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
119800000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
13700000 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 Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
119800000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
13700000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-2300000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1100000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
135500000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-34200000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
54700000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
68800000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
190200000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
34600000 USD
us-gaap Use Of Estimates
UseOfEstimates
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 10-Q should be read in conjunction with the consolidated financial statements contained in our Annual Report on Form 10-K for the year ended December 31, 2019. Interim results are not necessarily indicative of full year results. Unless otherwise indicated, amounts provided in these Notes pertain to continuing operations only. See Note 3 for information on discontinued operations.
us-gaap Fiscal Period
FiscalPeriod
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 91 days in length. Our fourth quarter ends on December 31. The interim closing dates for the first, second and third quarters of 2020 are March 28, June 27 and September 26, compared to the respective March 30, June 29 and September 28, 2019 dates. We had one less day in the first quarter of 2020 and will have two more days in the fourth quarter of 2020 than in the respective 2019 periods. We do not believe the one less day during the first quarter of 2020 had a material impact on our consolidated operating results for the six months ended June 27, 2020, when compared to the consolidated operating results for the six months ended June 29, 2019.
spxc Number Of Days In Second And Third Quarter
NumberOfDaysInSecondAndThirdQuarter
P91D
CY2020Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1300000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1300000 USD
CY2019Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-200000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1600000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
373200000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
373200000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
742500000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
742500000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
372400000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
372400000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
716000000.0 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
716000000.0 USD
CY2020Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
231400000 USD
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
260800000 USD
spxc Increase Decreasein Accounts Receivable Net
IncreaseDecreaseinAccountsReceivableNet
-29400000 USD
CY2020Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
65500000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
63400000 USD
spxc Increase Decreasein Contractwith Customer Asset Net Current
IncreaseDecreaseinContractwithCustomerAssetNetCurrent
2100000 USD
CY2020Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
91100000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
100800000 USD
spxc Increase Decreasein Contractwith Customer Liability Current
IncreaseDecreaseinContractwithCustomerLiabilityCurrent
9700000 USD
CY2020Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3000000.0 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3300000 USD
spxc Increase Decreasein Contractwith Customer Liability Noncurrent
IncreaseDecreaseinContractwithCustomerLiabilityNoncurrent
300000 USD
CY2020Q2 spxc Contractwith Customers Net
ContractwithCustomersNet
202800000 USD
CY2019Q4 spxc Contractwith Customers Net
ContractwithCustomersNet
220100000 USD
spxc Increase Decreasein Contractwith Customers Net
IncreaseDecreaseinContractwithCustomersNet
-17300000 USD
spxc Increase Decreasein Contractwith Customers Net
IncreaseDecreaseinContractwithCustomersNet
-17300000 USD
CY2020Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
19600000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
64200000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
79700000 USD
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.47
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.64
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q2 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
17600000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.031
CY2020Q2 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
17 country
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
373200000 USD
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
372400000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
742500000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
716000000.0 USD
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
34400000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
26300000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
67100000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
29300000 USD
CY2020Q2 spxc Special Charges
SpecialCharges
1400000 USD
CY2019Q2 spxc Special Charges
SpecialCharges
1300000 USD
spxc Special Charges
SpecialCharges
1700000 USD
spxc Special Charges
SpecialCharges
1400000 USD
CY2019Q4 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
1700000 USD
CY2018Q4 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
2700000 USD
spxc Restructuring And Integration Reserves Period Expense
RestructuringAndIntegrationReservesPeriodExpense
1500000 USD
spxc Restructuring And Integration Reserves Period Expense
RestructuringAndIntegrationReservesPeriodExpense
600000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
1800000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
2200000 USD
spxc Restructuring And Integration Reserves Translation And Other Adjustment
RestructuringAndIntegrationReservesTranslationAndOtherAdjustment
200000 USD
spxc Restructuring And Integration Reserves Translation And Other Adjustment
RestructuringAndIntegrationReservesTranslationAndOtherAdjustment
0 USD
CY2020Q2 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
1200000 USD
CY2019Q2 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
1100000 USD
spxc Special Charges Non Cash
SpecialChargesNonCash
200000 USD
spxc Special Charges Non Cash
SpecialChargesNonCash
800000 USD
CY2020Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
67400000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
57600000 USD
CY2020Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
22100000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
19300000 USD
CY2020Q2 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
105400000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
90300000 USD
CY2020Q2 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
194900000 USD
CY2019Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
167200000 USD
CY2020Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
13300000 USD
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
12300000 USD
CY2020Q2 us-gaap Inventory Net
InventoryNet
181600000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
154900000 USD
CY2020Q2 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.42
CY2019Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.36
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
936200000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1300000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
spxc Gross Goodwill Related To Foreign Currency Translation And Other
GrossGoodwillRelatedToForeignCurrencyTranslationAndOther
-600000 USD
CY2020Q2 us-gaap Goodwill Gross
GoodwillGross
936900000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
486900000 USD
spxc Accumulated Impairments Related To Foreign Currency Translation And Other
AccumulatedImpairmentsRelatedToForeignCurrencyTranslationAndOther
-1000000.0 USD
CY2020Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
485900000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
449300000 USD
us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
1300000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
spxc Goodwill Related To Foreign Currency Translation And Other
GoodwillRelatedToForeignCurrencyTranslationAndOther
400000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
451000000.0 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
123900000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30800000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
93100000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
124000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
25700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
98300000 USD
CY2020Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
277300000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
30800000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
246500000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
277400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
25700000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
251700000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
35100000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
34000000.0 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
1400000 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
100000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5700000 USD
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
6000000.0 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6700000 USD
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
6700000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
100000 USD
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0 USD
CY2020Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
35600000 USD
CY2019Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
33400000 USD
CY2020Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
13500000 USD
CY2019Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
11800000 USD
CY2020Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
22100000 USD
CY2019Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
21600000 USD
CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
393500000 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
243700000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
120100000 USD
us-gaap Debt Instrument Increase Decrease Other Net
DebtInstrumentIncreaseDecreaseOtherNet
800000 USD
CY2020Q2 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
517900000 USD
CY2019Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
142600000 USD
CY2020Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
266800000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1000000.0 USD
CY2020Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
4100000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
249900000 USD
CY2020Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
247000000.0 USD
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44590000 shares
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43914000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44452000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43767000 shares
CY2020Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1058000.000 shares
CY2019Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
978000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1168000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
983000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45648000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44892000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45620000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44750000 shares
CY2019Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
800000 USD
CY2020Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
800000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1700000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1700000 USD
CY2020Q2 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
3400000 USD
CY2020Q2 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-500000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3900000 USD
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-9000000.0 USD
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-9000000.0 USD
CY2019Q2 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-2200000 USD
CY2019Q2 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
1700000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3900000 USD
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-2300000 USD
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2200000 USD
CY2020Q2 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
565000000.0 USD
CY2020Q2 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
525000000.0 USD
CY2019Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
592400000 USD
CY2019Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
552200000 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
16300000 USD
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
11800000 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
26600000 USD
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
6300000 USD
spxc Number Of Large Power Projects
NumberOfLargePowerProjects
2 project
CY2020Q2 spxc Unrecognized Tax Benefits Interest On Income Taxes Accrued Net
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccruedNet
3500000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
16700000 USD
CY2020Q2 spxc Unrecognized Tax Benefits Net
UnrecognizedTaxBenefitsNet
13400000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9400000 USD
CY2020Q2 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
4500000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7100000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
35500000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.200
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4100000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23500000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.174
CY2020Q2 spxc Effective Income Tax Rate Reconciliation Tax Expense Benefit Statute Expiration
EffectiveIncomeTaxRateReconciliationTaxExpenseBenefitStatuteExpiration
-500000 USD
CY2020Q2 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-300000 USD
CY2019Q2 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1300000 USD
CY2019Q2 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-400000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13100000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64200000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.204
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8700000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
28700000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.303
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-1500000 USD
spxc Effective Income Tax Rate Reconciliation Tax Expense Benefit Statute Expiration
EffectiveIncomeTaxRateReconciliationTaxExpenseBenefitStatuteExpiration
-500000 USD
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-1600000 USD
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1300000 USD
CY2020Q2 spxc Deferred Social Security Payroll Taxes Cares Act
DeferredSocialSecurityPayrollTaxesCARESAct
3400000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
5300000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
29800000 USD
us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
5300000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
27200000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
21900000 USD
CY2019Q2 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
1600000 USD
us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
7900000 USD
CY2019Q1 spxc Equity Securities Fvni Distributions
EquitySecuritiesFVNIDistributions
2600000 USD

Files In Submission

Name View Source Status
0000088205-20-000030-index-headers.html Edgar Link pending
0000088205-20-000030-index.html Edgar Link pending
0000088205-20-000030.txt Edgar Link pending
0000088205-20-000030-xbrl.zip Edgar Link pending
exhibit311q22020.htm Edgar Link pending
exhibit312q22020.htm Edgar Link pending
exhibit321q22020.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json 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
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
spxc-20200627.htm Edgar Link pending
spxc-20200627.xsd Edgar Link pending
spxc-20200627_cal.xml Edgar Link unprocessable
spxc-20200627_def.xml Edgar Link unprocessable
spxc-20200627_htm.xml Edgar Link completed
spxc-20200627_lab.xml Edgar Link unprocessable
spxc-20200627_pre.xml Edgar Link unprocessable