$SPXC
SPX Technologies, Inc.

2020 Q4 Form 10-Q Financial Statement

#000008820520000040 Filed on October 30, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $453.6M $267.8M $364.8M
YoY Change 2.02% -26.59% 0.63%
Cost Of Revenue $311.1M $176.6M $258.6M
YoY Change 3.32% -31.71% -5.9%
Gross Profit $142.5M $92.10M $106.2M
YoY Change -0.7% -13.28% 21.09%
Gross Profit Margin 31.42% 34.39% 29.11%
Selling, General & Admin $90.70M $67.70M $74.60M
YoY Change 1.91% -9.25% 4.19%
% of Gross Profit 63.65% 73.51% 70.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.10M $10.10M $8.100M
YoY Change 33.67% 24.69% 2.53%
% of Gross Profit 9.19% 10.97% 7.63%
Operating Expenses $105.8M $67.70M $74.60M
YoY Change 15.13% -9.25% 4.19%
Operating Profit $36.70M $20.40M $27.60M
YoY Change -28.88% -26.09% 105.97%
Interest Expense -$4.400M $4.500M $5.000M
YoY Change -10.2% -10.0% -15.25%
% of Operating Profit -11.99% 22.06% 18.12%
Other Income/Expense, Net -$6.700M $2.700M $0.00
YoY Change -55.33%
Pretax Income $23.80M $18.70M $24.00M
YoY Change -21.97% -22.08% 182.35%
Income Tax -$3.100M $3.100M $2.800M
% Of Pretax Income -13.03% 16.58% 11.67%
Net Earnings $24.60M $22.80M $21.50M
YoY Change -3.15% 6.05% 225.76%
Net Earnings / Revenue 5.42% 8.51% 5.89%
Basic Earnings Per Share $0.51 $0.49
Diluted Earnings Per Share $534.8K $0.49 $0.48
COMMON SHARES
Basic Shares Outstanding 44.78M shares 44.71M shares 44.07M shares
Diluted Shares Outstanding 45.89M shares 45.18M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.30M $70.70M $49.30M
YoY Change 24.86% 43.41% -20.36%
Cash & Equivalents $64.00M $70.70M $49.30M
Short-Term Investments
Other Short-Term Assets $88.40M $96.30M $40.80M
YoY Change -4.95% 136.03% -42.78%
Inventory $155.0M $179.3M $157.7M
Prepaid Expenses
Receivables $210.8M $232.0M $246.4M
Other Receivables $27.30M $24.90M $18.00M
Total Short-Term Assets $675.1M $648.6M $563.1M
YoY Change 6.8% 15.18% -9.63%
LONG-TERM ASSETS
Property, Plant & Equipment $231.0M $187.6M $177.5M
YoY Change 28.98% 5.69% -4.05%
Goodwill $368.6M $490.3M $429.4M
YoY Change 15.91% 14.18% 9.04%
Intangibles $305.0M $302.5M $230.9M
YoY Change 21.18% 31.01% 15.28%
Long-Term Investments
YoY Change
Other Assets $591.7M $615.2M $641.7M
YoY Change -2.28% -4.13% -4.41%
Total Long-Term Assets $1.659B $1.601B $1.499B
YoY Change 8.0% 6.81% 1.08%
TOTAL ASSETS
Total Short-Term Assets $675.1M $648.6M $563.1M
Total Long-Term Assets $1.659B $1.601B $1.499B
Total Assets $2.334B $2.250B $2.062B
YoY Change 7.65% 9.1% -2.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $102.1M $134.5M $132.5M
YoY Change -27.69% 1.51% -6.16%
Accrued Expenses $206.6M $228.8M $188.2M
YoY Change -5.92% 21.57% 0.97%
Deferred Revenue $38.80M $83.30M $85.60M
YoY Change -61.39% -2.69% 13.68%
Short-Term Debt $101.2M $108.0M $40.60M
YoY Change -29.03% 166.01% -64.1%
Long-Term Debt Due $7.200M $5.600M $18.50M
YoY Change 620.0% -69.73% 98.92%
Total Short-Term Liabilities $572.1M $562.2M $466.8M
YoY Change -6.0% 20.44% -11.42%
LONG-TERM LIABILITIES
Long-Term Debt $304.0M $350.3M $323.8M
YoY Change 21.65% 8.18% -4.93%
Other Long-Term Liabilities $741.4M $727.4M $778.1M
YoY Change -0.76% -6.52% -6.89%
Total Long-Term Liabilities $1.122B $1.105B $1.134B
YoY Change 9.57% -2.61% -6.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $572.1M $562.2M $466.8M
Total Long-Term Liabilities $1.122B $1.105B $1.134B
Total Liabilities $1.694B $1.667B $1.601B
YoY Change 3.77% 4.11% -7.81%
SHAREHOLDERS EQUITY
Retained Earnings -$477.2M -$512.7M -$610.2M
YoY Change -18.4% -15.98% -12.99%
Common Stock $1.320B $1.310B $1.291B
YoY Change 1.34% 1.43% -1.45%
Preferred Stock
YoY Change
Treasury Stock (at cost) $451.6M $451.6M $460.1M
YoY Change -1.83% -1.85% -6.14%
Treasury Stock Shares 7.673M shares 7.673M shares 7.816M shares
Shareholders Equity $640.1M $583.1M $461.3M
YoY Change
Total Liabilities & Shareholders Equity $2.334B $2.250B $2.062B
YoY Change 9.33% 9.1% -2.09%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income $24.60M $22.80M $21.50M
YoY Change -3.15% 6.05% 225.76%
Depreciation, Depletion And Amortization $13.10M $10.10M $8.100M
YoY Change 33.67% 24.69% 2.53%
Cash From Operating Activities $69.90M $30.10M $43.30M
YoY Change -11.29% -30.48% 403.49%
INVESTING ACTIVITIES
Capital Expenditures -$6.500M -$5.600M -$4.500M
YoY Change -8.45% 24.44% 73.08%
Acquisitions
YoY Change
Other Investing Activities -$17.80M -$87.90M -$6.700M
YoY Change -70.28% 1211.94% -844.44%
Cash From Investing Activities -$24.30M -$93.50M -$11.20M
YoY Change -63.73% 734.82% 558.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -48.60M -55.30M -18.40M
YoY Change 659.38% 200.54% 65.77%
NET CHANGE
Cash From Operating Activities 69.90M 30.10M 43.30M
Cash From Investing Activities -24.30M -93.50M -11.20M
Cash From Financing Activities -48.60M -55.30M -18.40M
Net Change In Cash -3.000M -118.7M 13.70M
YoY Change -155.56% -966.42% -426.19%
FREE CASH FLOW
Cash From Operating Activities $69.90M $30.10M $43.30M
Capital Expenditures -$6.500M -$5.600M -$4.500M
Free Cash Flow $76.40M $35.70M $47.80M
YoY Change -11.06% -25.31% 326.79%

Facts In Submission

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220400000 USD
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2000000.0 USD
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108000000.0 USD
CY2019Q4 us-gaap Short Term Borrowings
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5600000 USD
CY2019Q4 us-gaap Long Term Debt Current
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1000000.0 USD
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CY2019Q4 us-gaap Liabilities Current
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608600000 USD
CY2020Q3 us-gaap Long Term Debt And Capital Lease Obligations
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350300000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
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249900000 USD
CY2020Q3 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
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27000000.0 USD
CY2019Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
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26300000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
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CY2019Q4 us-gaap Other Liabilities Noncurrent
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747300000 USD
CY2020Q3 us-gaap Liabilities Noncurrent
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1104700000 USD
CY2019Q4 us-gaap Liabilities Noncurrent
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1023500000 USD
CY2020Q3 us-gaap Commitments And Contingencies
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CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2020Q3 us-gaap Common Stock Shares Issued
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CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44202503 shares
CY2020Q3 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
500000 USD
CY2019Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
500000 USD
CY2020Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1309700000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1302400000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
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-512700000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-584800000 USD
CY2020Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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237200000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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244300000 USD
CY2020Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
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CY2019Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
7814701 shares
CY2020Q3 us-gaap Treasury Stock Value
TreasuryStockValue
451600000 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
460000000.0 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
583100000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
502400000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2250000000.0 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2134500000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
552100000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
22800000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1900000 USD
CY2020Q3 spxc Stock Issued During Period Value Share Based Compensation Plans Net Of Tax
StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax
3100000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3200000 USD
CY2020Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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0 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
583100000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
502400000 USD
us-gaap Net Income Loss
NetIncomeLoss
72600000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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spxc Stock Issued During Period Value Share Based Compensation Plans Net Of Tax
StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax
10700000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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9300000 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
583100000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
436700000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
21500000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2019Q3 spxc Stock Issued During Period Value Share Based Compensation Plans Net Of Tax
StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax
3100000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2800000 USD
CY2019Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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0 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
461300000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
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39900000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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spxc Stock Issued During Period Value Share Based Compensation Plans Net Of Tax
StockIssuedDuringPeriodValueShareBasedCompensationPlansNetOfTax
10000000.0 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8100000 USD
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-6600000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
461300000 USD
us-gaap Profit Loss
ProfitLoss
72600000 USD
us-gaap Profit Loss
ProfitLoss
39900000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1200000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-1300000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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73800000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
41200000 USD
spxc Special Charges
SpecialCharges
2100000 USD
spxc Special Charges
SpecialCharges
3400000 USD
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
7400000 USD
us-gaap Equity Securities Fv Ni Gain Loss
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7900000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
13000000.0 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
8300000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
28600000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24700000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
5300000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
7600000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10200000 USD
us-gaap Share Based Compensation
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10100000 USD
us-gaap Other Noncash Income Expense
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us-gaap Other Noncash Income Expense
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us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
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us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
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us-gaap Increase Decrease In Inventories
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24900000 USD
us-gaap Increase Decrease In Inventories
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18500000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-93200000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Payments For Restructuring
PaymentsForRestructuring
2400000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
3200000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
60900000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
73300000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-4500000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-3500000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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56400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
69800000 USD
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1100000 USD
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
5900000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
87900000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
87200000 USD
spxc Proceeds From Sale Of Assets And Other
ProceedsFromSaleOfAssetsAndOther
0 USD
spxc Proceeds From Sale Of Assets And Other
ProceedsFromSaleOfAssetsAndOther
5300000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
15000000.0 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
10700000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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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
0 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-101800000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-86700000 USD
spxc Borrowings Under Senior Credit Facilities
BorrowingsUnderSeniorCreditFacilities
183900000 USD
spxc Borrowings Under Senior Credit Facilities
BorrowingsUnderSeniorCreditFacilities
132400000 USD
spxc Repayments Under Senior Credit Facilities
RepaymentsUnderSeniorCreditFacilities
118900000 USD
spxc Repayments Under Senior Credit Facilities
RepaymentsUnderSeniorCreditFacilities
127600000 USD
spxc Borrowing Under Trade Receivables Agreement
BorrowingUnderTradeReceivablesAgreement
65000000.0 USD
spxc Borrowing Under Trade Receivables Agreement
BorrowingUnderTradeReceivablesAgreement
55000000.0 USD
spxc Repayments Under Trade Receivables Agreement
RepaymentsUnderTradeReceivablesAgreement
60400000 USD
spxc Repayments Under Trade Receivables Agreement
RepaymentsUnderTradeReceivablesAgreement
64000000.0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-1800000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
3700000 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
1800000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4200000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
64500000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-4700000 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
64500000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4700000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2100000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
16000000.0 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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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
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
70700000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
49300000 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 nine months ended September 26, 2020, when compared to the consolidated operating results for the nine months ended September 28, 2019.
CY2020Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
100000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1200000 USD
CY2019Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
300000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-1300000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
363400000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
363400000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1105900000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1105900000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
364800000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
364800000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1080800000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1080800000 USD
CY2020Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
223200000 USD
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
260800000 USD
spxc Increase Decreasein Accounts Receivable Net
IncreaseDecreaseinAccountsReceivableNet
-37600000 USD
CY2020Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
70300000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
63400000 USD
spxc Increase Decreasein Contractwith Customer Asset Net Current
IncreaseDecreaseinContractwithCustomerAssetNetCurrent
6900000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
83300000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
100800000 USD
spxc Increase Decreasein Contractwith Customer Liability Current
IncreaseDecreaseinContractwithCustomerLiabilityCurrent
17500000 USD
CY2020Q3 spxc Contractwith Customers Net
ContractwithCustomersNet
206100000 USD
CY2020Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
4100000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3300000 USD
spxc Increase Decreasein Contractwith Customer Liability Noncurrent
IncreaseDecreaseinContractwithCustomerLiabilityNoncurrent
-800000 USD
CY2019Q4 spxc Contractwith Customers Net
ContractwithCustomersNet
220100000 USD
spxc Increase Decreasein Contractwith Customers Net
IncreaseDecreaseinContractwithCustomersNet
-14000000.0 USD
spxc Increase Decreasein Contractwith Customers Net
IncreaseDecreaseinContractwithCustomersNet
-14000000.0 USD
CY2020Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
14800000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
79000000.0 USD
CY2020Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
71000000.0 USD
CY2020Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P10Y
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
17600000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.031
CY2020Q3 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
17 country
CY2020Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
30000000.0 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
27600000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
97100000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
56900000 USD
CY2020Q3 spxc Special Charges
SpecialCharges
400000 USD
CY2019Q3 spxc Special Charges
SpecialCharges
2000000.0 USD
spxc Special Charges
SpecialCharges
2100000 USD
spxc Special Charges
SpecialCharges
3400000 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
1700000 USD
spxc Restructuring And Integration Reserves Period Expense
RestructuringAndIntegrationReservesPeriodExpense
2600000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
2400000 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
3200000 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
CY2020Q3 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
800000 USD
CY2019Q3 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
2100000 USD
spxc Special Charges Non Cash
SpecialChargesNonCash
400000 USD
spxc Special Charges Non Cash
SpecialChargesNonCash
800000 USD
CY2020Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
63500000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
57600000 USD
CY2020Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
23200000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
19300000 USD
CY2020Q3 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
105600000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
90300000 USD
CY2020Q3 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
192300000 USD
CY2019Q4 us-gaap Fifo Inventory Amount
FIFOInventoryAmount
167200000 USD
CY2020Q3 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
13000000.0 USD
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
12300000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
179300000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
154900000 USD
CY2020Q3 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.39
CY2019Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.36
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
936200000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
38500000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
spxc Gross Goodwill Related To Foreign Currency Translation And Other
GrossGoodwillRelatedToForeignCurrencyTranslationAndOther
5400000 USD
CY2020Q3 us-gaap Goodwill Gross
GoodwillGross
980100000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
486900000 USD
spxc Accumulated Impairments Related To Foreign Currency Translation And Other Adjustments
AccumulatedImpairmentsRelatedToForeignCurrencyTranslationAndOtherAdjustments
2900000 USD
CY2020Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
489800000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
449300000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
38500000 USD
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
spxc Goodwill Related To Foreign Currency Translation And Other
GoodwillRelatedToForeignCurrencyTranslationAndOther
2500000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
490300000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
174900000 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
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FiniteLivedIntangibleAssetsGross
124000000.0 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
25700000 USD
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FiniteLivedIntangibleAssetsNet
98300000 USD
CY2020Q3 us-gaap Intangible Assets Gross Excluding Goodwill
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336500000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
34000000.0 USD
CY2020Q3 us-gaap Intangible Assets Net Excluding Goodwill
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302500000 USD
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277400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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25700000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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251700000 USD
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13500000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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17000000.0 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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14200000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
14200000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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14200000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
14200000 USD
CY2019Q4 us-gaap Product Warranty Accrual
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35100000 USD
us-gaap Product Warranty Accrual Warranties Issued
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10000000.0 USD
CY2018Q4 us-gaap Product Warranty Accrual
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34000000.0 USD
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1600000 USD
us-gaap Product Warranty Accrual Additions From Business Acquisition
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100000 USD
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9300000 USD
us-gaap Product Warranty Accrual Payments
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9500000 USD
us-gaap Product Warranty Accrual Payments
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9300000 USD
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us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
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0 USD
CY2020Q3 us-gaap Product Warranty Accrual
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37300000 USD
CY2019Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
34100000 USD
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13700000 USD
CY2019Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
12100000 USD
CY2020Q3 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
23600000 USD
CY2019Q3 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
22000000.0 USD
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393500000 USD
us-gaap Proceeds From Issuance Of Debt
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248900000 USD
us-gaap Repayments Of Debt
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181100000 USD
us-gaap Debt Instrument Increase Decrease Other Net
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2600000 USD
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463900000 USD
CY2019Q4 us-gaap Short Term Borrowings
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142600000 USD
CY2020Q3 us-gaap Short Term Borrowings
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CY2020Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
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CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
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CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44072000.000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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44538000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
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43870000 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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1186000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1104000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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991000 shares
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WeightedAverageNumberOfDilutedSharesOutstanding
45894000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45176000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
45694000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44861000 shares
CY2020Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
900000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
800000 USD
us-gaap Insurance Recoveries
InsuranceRecoveries
23300000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2600000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2500000 USD
CY2020Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
2100000 USD
CY2020Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
200000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1900000 USD
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
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us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
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200000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-7100000 USD
CY2019Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
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CY2019Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
400000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2800000 USD
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-3300000 USD
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
1700000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5000000.0 USD
CY2019Q4 us-gaap Loss Contingency Accrual At Carrying Value
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592400000 USD
CY2020Q3 us-gaap Liability For Asbestos And Environmental Claims Gross
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514500000 USD
CY2020Q3 us-gaap Loss Contingency Accrual At Carrying Value
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554300000 USD
CY2019Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
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552200000 USD
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
15800000 USD
us-gaap Insurance Recoveries
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39100000 USD
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
9800000 USD
spxc Number Of Large Power Projects
NumberOfLargePowerProjects
2 project
CY2020Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
16800000 USD
CY2020Q3 spxc Unrecognized Tax Benefits Net
UnrecognizedTaxBenefitsNet
13500000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
9400000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
4700000 USD
CY2020Q3 spxc Unrecognized Tax Benefits Interest On Income Taxes Accrued Net
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccruedNet
3600000 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5800000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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28500000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.204
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2800000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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24000000.0 USD
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
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0.117
CY2020Q3 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1200000 USD
CY2019Q3 spxc Effective Income Tax Rate Reconciliation Expense Benefit Related To Valuation Allowances
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-1900000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.218
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-1600000 USD
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1200000 USD
CY2020Q2 spxc Effective Income Tax Rate Reconciliation Tax Expense Benefit Statute Expiration
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-500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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92700000 USD
us-gaap Effective Income Tax Rate Continuing Operations
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0.204
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11500000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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52700000 USD
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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-1700000 USD
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1300000 USD
spxc Effective Income Tax Rate Reconciliation Expense Benefit Related To Valuation Allowances
EffectiveIncomeTaxRateReconciliationExpenseBenefitRelatedToValuationAllowances
1900000 USD
CY2020Q3 spxc Deferred Social Security Payroll Taxes Cares Act
DeferredSocialSecurityPayrollTaxesCARESAct
6800000 USD
CY2020Q3 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
2100000 USD
us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
7400000 USD
CY2020Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
29300000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
21900000 USD
us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
7900000 USD
CY2019Q1 spxc Equity Securities Fvni Distributions
EquitySecuritiesFVNIDistributions
2600000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
60900000 USD

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