$SPXC
SPX Technologies, Inc.

2022 Q3 Form 10-Q Financial Statement

#000008820522000034 Filed on August 05, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $354.0M $307.1M $350.0M
YoY Change 19.35% 6.93% -22.84%
Cost Of Revenue $229.4M $203.1M $191.8M
YoY Change 18.06% 11.11% -38.35%
Gross Profit $124.6M $104.0M $129.3M
YoY Change 21.8% -0.38% -9.26%
Gross Profit Margin 35.2% 33.87% 36.94%
Selling, General & Admin $88.30M $84.20M $76.20M
YoY Change 17.11% 11.97% -15.99%
% of Gross Profit 70.87% 80.96% 58.93%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.60M $14.00M $12.00M
YoY Change 28.89% 60.92% -8.4%
% of Gross Profit 9.31% 13.46% 9.28%
Operating Expenses $88.30M $84.20M $76.20M
YoY Change 17.11% 11.97% -27.98%
Operating Profit $27.20M $11.40M $11.80M
YoY Change 59.06% -54.4% -67.85%
Interest Expense $2.300M $2.400M $3.500M
YoY Change -32.35% -42.86% -179.55%
% of Operating Profit 8.46% 21.05% 29.66%
Other Income/Expense, Net -$1.700M $6.500M $2.900M
YoY Change -126.56% -12.16% -143.28%
Pretax Income $23.50M $15.60M $11.40M
YoY Change 16.92% -44.88% -52.1%
Income Tax $4.400M $2.600M $3.700M
% Of Pretax Income 18.72% 16.67% 32.46%
Net Earnings $13.00M $11.40M $331.1M
YoY Change -79.0% -57.46% 1245.93%
Net Earnings / Revenue 3.67% 3.71% 94.6%
Basic Earnings Per Share $0.29 $0.25 $0.14
Diluted Earnings Per Share $0.28 $0.25 $0.14
COMMON SHARES
Basic Shares Outstanding 45.44M shares 45.55M shares 45.33M shares
Diluted Shares Outstanding 46.29M shares 46.45M shares 46.65M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $189.8M $262.8M $560.1M
YoY Change 174.67% 145.84% 720.06%
Cash & Equivalents $189.8M $262.8M $388.2M
Short-Term Investments
Other Short-Term Assets $78.60M $78.60M $73.10M
YoY Change -24.57% -25.5% -17.31%
Inventory $235.8M $220.7M $189.8M
Prepaid Expenses
Receivables $240.5M $223.1M $223.4M
Other Receivables $0.00 $0.00 $2.600M
Total Short-Term Assets $778.6M $815.5M $903.4M
YoY Change -13.62% 17.25% 33.82%
LONG-TERM ASSETS
Property, Plant & Equipment $109.6M $110.7M $108.0M
YoY Change -3.01% -40.68% -53.25%
Goodwill $459.7M $490.6M $457.3M
YoY Change 12.34% -1.92% 24.06%
Intangibles $416.1M $405.9M $415.5M
YoY Change 27.72% 35.16% 36.23%
Long-Term Investments
YoY Change
Other Assets $662.9M $676.6M $675.9M
YoY Change 8.78% 10.38% 14.23%
Total Long-Term Assets $1.711B $1.752B $1.725B
YoY Change 13.38% 9.38% 4.02%
TOTAL ASSETS
Total Short-Term Assets $778.6M $815.5M $903.4M
Total Long-Term Assets $1.711B $1.752B $1.725B
Total Assets $2.490B $2.567B $2.629B
YoY Change 3.28% 11.76% 12.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $116.2M $111.0M $119.6M
YoY Change 33.87% -17.78% 17.14%
Accrued Expenses $182.7M $177.4M $217.9M
YoY Change -20.74% -24.38% 5.47%
Deferred Revenue $45.40M $43.70M $44.70M
YoY Change -8.28% -59.04% 15.21%
Short-Term Debt $2.100M $2.000M $2.200M
YoY Change -98.75% -98.0% -97.83%
Long-Term Debt Due $13.00M $13.00M $13.00M
YoY Change 25.0% 46.07% 80.56%
Total Short-Term Liabilities $368.2M $393.9M $439.5M
YoY Change -47.96% -32.87% -23.18%
LONG-TERM LIABILITIES
Long-Term Debt $224.5M $227.7M $233.9M
YoY Change -5.67% -19.43% -23.06%
Other Long-Term Liabilities $746.4M $761.2M $788.5M
YoY Change 4.01% 3.17% 6.35%
Total Long-Term Liabilities $1.033B $1.058B $1.086B
YoY Change 5.96% 0.77% -3.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $368.2M $393.9M $439.5M
Total Long-Term Liabilities $1.033B $1.058B $1.086B
Total Liabilities $1.401B $1.451B $1.526B
YoY Change -16.72% -11.29% -9.91%
SHAREHOLDERS EQUITY
Retained Earnings -$27.40M -$40.40M -$51.80M
YoY Change -93.15% -91.24% -89.15%
Common Stock $1.327B $1.321B $1.334B
YoY Change 0.46% 0.41% 1.08%
Preferred Stock
YoY Change
Treasury Stock (at cost) $465.8M $432.4M $443.9M
YoY Change 4.84% -2.92% -1.71%
Treasury Stock Shares 8.063M shares 7.349M shares 7.543M shares
Shareholders Equity $1.089B $1.116B $1.103B
YoY Change
Total Liabilities & Shareholders Equity $2.490B $2.567B $2.629B
YoY Change 3.28% 11.76% 12.64%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income $13.00M $11.40M $331.1M
YoY Change -79.0% -57.46% 1245.93%
Depreciation, Depletion And Amortization $11.60M $14.00M $12.00M
YoY Change 28.89% 60.92% -8.4%
Cash From Operating Activities -$39.30M -$57.20M $74.90M
YoY Change -310.16% -195.02% 7.15%
INVESTING ACTIVITIES
Capital Expenditures -$3.900M -$2.100M -$3.300M
YoY Change 143.75% -19.23% -49.23%
Acquisitions $41.80M
YoY Change
Other Investing Activities $2.000M -$55.70M $585.3M
YoY Change -102.42% -1691.43% -3388.2%
Cash From Investing Activities -$1.900M -$57.80M $582.0M
YoY Change -97.75% -6522.22% -2495.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -35.00M -$11.40M -167.7M
YoY Change -232.08% -55.47% 245.06%
NET CHANGE
Cash From Operating Activities -39.30M -$57.20M 74.90M
Cash From Investing Activities -1.900M -$57.80M 582.0M
Cash From Financing Activities -35.00M -$11.40M -167.7M
Net Change In Cash -76.20M -$126.5M 489.2M
YoY Change 94.88% -427.72% -16406.67%
FREE CASH FLOW
Cash From Operating Activities -$39.30M -$57.20M $74.90M
Capital Expenditures -$3.900M -$2.100M -$3.300M
Free Cash Flow -$35.40M -$55.10M $78.20M
YoY Change -274.38% -187.74% 2.36%

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
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-07-02
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
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
45212562 shares
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354000000.0 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
296600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
661100000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
583800000 usd
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
229400000 usd
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
194300000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
432500000 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
377100000 usd
CY2022Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
88300000 usd
CY2021Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
75400000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
172500000 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
150600000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7100000 usd
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
6500000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
16400000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10500000 usd
CY2022Q3 spxc Special Charges
SpecialCharges
100000 usd
CY2021Q3 spxc Special Charges
SpecialCharges
600000 usd
spxc Special Charges
SpecialCharges
100000 usd
spxc Special Charges
SpecialCharges
800000 usd
CY2022Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1900000 usd
CY2021Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2700000 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-1000000.0 usd
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-2700000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
27200000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
17100000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
38600000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
42100000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1700000 usd
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6400000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4800000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13800000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
2300000 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
3400000 usd
us-gaap Interest Expense
InterestExpense
4700000 usd
us-gaap Interest Expense
InterestExpense
7600000 usd
CY2022Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
300000 usd
CY2021Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
0 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
400000 usd
us-gaap Investment Income Interest
InvestmentIncomeInterest
100000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23500000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20100000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
39100000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
48400000 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4400000 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7000000.0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7700000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
19100000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
17700000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
32100000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
40700000 usd
CY2022Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
0 usd
CY2021Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
40100000 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
44700000 usd
CY2022Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-6100000 usd
CY2021Q3 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
4100000 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
-7700000 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
3300000 usd
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-6100000 usd
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
44200000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-7700000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
48000000.0 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
13000000.0 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
61900000 usd
us-gaap Net Income Loss
NetIncomeLoss
24400000 usd
us-gaap Net Income Loss
NetIncomeLoss
88700000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.42
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.39
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.71
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.90
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.13
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.98
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.17
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.06
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.37
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.54
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.96
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45444000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45271000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45201000 shares
CY2022Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.41
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.38
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.69
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.88
CY2022Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.13
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.95
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.16
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.03
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.91
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46289000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46545000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46370000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46370000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46408000 shares
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
100000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
61300000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
61300000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14500000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
90800000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
189800000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
388200000 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
240500000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
223400000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
33900000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
28900000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
235800000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
189800000 usd
CY2022Q3 us-gaap Other Assets Current
OtherAssetsCurrent
78600000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
73100000 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
778600000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
903400000 usd
CY2022Q3 us-gaap Land
Land
13900000 usd
CY2021Q4 us-gaap Land
Land
13900000 usd
CY2022Q3 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
62500000 usd
CY2021Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
62900000 usd
CY2022Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
234000000.0 usd
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
231400000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
310400000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
308200000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
200800000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
194900000 usd
CY2022Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
109600000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
113300000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
459700000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
457300000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
416100000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
415500000 usd
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
662900000 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
675900000 usd
CY2022Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
16200000 usd
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
11000000.0 usd
CY2022Q3 spxc Cash And Cash Equivalents Included In Assets Of Abandoned Entities
CashAndCashEquivalentsIncludedInAssetsOfAbandonedEntities
5400000 usd
CY2021Q4 spxc Cash And Cash Equivalents Included In Assets Of Abandoned Entities
CashAndCashEquivalentsIncludedInAssetsOfAbandonedEntities
7800000 usd
CY2022Q3 spxc Assets Of Abandoned Entities
AssetsOfAbandonedEntities
46500000 usd
CY2021Q4 spxc Assets Of Abandoned Entities
AssetsOfAbandonedEntities
52200000 usd
CY2022Q3 us-gaap Assets
Assets
2489600000 usd
CY2021Q4 us-gaap Assets
Assets
2628600000 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
116200000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
119600000 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
45400000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
44700000 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
182700000 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
217900000 usd
CY2022Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
8800000 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
42100000 usd
CY2022Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
2100000 usd
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
2200000 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
13000000.0 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
13000000.0 usd
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1086200000 usd
CY2022Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
368200000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
439500000 usd
CY2022Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
224500000 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
230800000 usd
CY2022Q3 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
27500000 usd
CY2021Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
31300000 usd
CY2022Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
746400000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
788500000 usd
CY2022Q3 spxc Liabilities Of Abandoned Entities
LiabilitiesOfAbandonedEntities
34400000 usd
CY2021Q4 spxc Liabilities Of Abandoned Entities
LiabilitiesOfAbandonedEntities
35600000 usd
CY2022Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1032800000 usd
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53247919 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
45185089 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
53011255 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
45467768 shares
CY2022Q3 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
500000 usd
CY2021Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
500000 usd
CY2022Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1327300000 usd
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1334200000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-27400000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-51800000 usd
CY2022Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
254000000.0 usd
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
263900000 usd
CY2022Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
8062830 shares
CY2021Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
7543487 shares
CY2022Q3 us-gaap Treasury Stock Value
TreasuryStockValue
465800000 usd
CY2021Q4 us-gaap Treasury Stock Value
TreasuryStockValue
443900000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1088600000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1102900000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2489600000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2628600000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1115800000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
13000000.0 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-12900000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4000000.0 usd
CY2022Q3 spxc Apic Share Based Payment Arrangement Long Term Incentive Compensation Expense
APICShareBasedPaymentArrangementLongTermIncentiveCompensationExpense
2500000 usd
CY2022Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-100000 usd
CY2022Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
33700000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1088600000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1102900000 usd
us-gaap Net Income Loss
NetIncomeLoss
24400000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9900000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6500000 usd
spxc Apic Share Based Payment Arrangement Long Term Incentive Compensation Expense
APICShareBasedPaymentArrangementLongTermIncentiveCompensationExpense
5600000 usd
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-7200000 usd
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
33700000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1088600000 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
671700000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
61900000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-600000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000.0 usd
CY2021Q3 spxc Apic Share Based Payment Arrangement Long Term Incentive Compensation Expense
APICShareBasedPaymentArrangementLongTermIncentiveCompensationExpense
3600000 usd
CY2021Q3 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-100000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
739500000 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
640100000 usd
us-gaap Net Income Loss
NetIncomeLoss
88700000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2100000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6800000 usd
spxc Apic Share Based Payment Arrangement Long Term Incentive Compensation Expense
APICShareBasedPaymentArrangementLongTermIncentiveCompensationExpense
6600000 usd
us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
-4800000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
739500000 usd
us-gaap Profit Loss
ProfitLoss
24400000 usd
us-gaap Profit Loss
ProfitLoss
88700000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-7700000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
48000000.0 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
32100000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
40700000 usd
spxc Special Charges
SpecialCharges
100000 usd
spxc Special Charges
SpecialCharges
800000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
4400000 usd
us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
7400000 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-9000000.0 usd
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
2200000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25600000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19900000 usd
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
6300000 usd
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
1000000.0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5600000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6000000.0 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1000000.0 usd
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3200000 usd
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
5000000.0 usd
us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
-31300000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
44900000 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
6300000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-90600000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-50600000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
300000 usd
us-gaap Payments For Restructuring
PaymentsForRestructuring
1200000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-83500000 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
39600000 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-13000000.0 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
39300000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-96500000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
78900000 usd
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1600000 usd
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
3900000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
41400000 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
81900000 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
6000000.0 usd
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4200000 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-45800000 usd
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-82200000 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-13900000 usd
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-1200000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-59700000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-83400000 usd
spxc Borrowings Under Senior Credit Facilities
BorrowingsUnderSeniorCreditFacilities
0 usd
spxc Borrowings Under Senior Credit Facilities
BorrowingsUnderSeniorCreditFacilities
102000000.0 usd
spxc Repayments Under Senior Credit Facilities
RepaymentsUnderSeniorCreditFacilities
6300000 usd
spxc Borrowing Under Trade Receivables Agreement
BorrowingUnderTradeReceivablesAgreement
0 usd
spxc Repayments Under Senior Credit Facilities
RepaymentsUnderSeniorCreditFacilities
94900000 usd
spxc Borrowing Under Trade Receivables Agreement
BorrowingUnderTradeReceivablesAgreement
132000000.0 usd
spxc Repayments Under Trade Receivables Agreement
RepaymentsUnderTradeReceivablesAgreement
0 usd
spxc Repayments Under Trade Receivables Agreement
RepaymentsUnderTradeReceivablesAgreement
134000000.0 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-200000 usd
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 usd
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
1300000 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
5200000 usd
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3800000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
33700000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-46700000 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1300000 usd
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
300000 usd
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-400000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-46400000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
900000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1800000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4400000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-200800000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
800000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
396000000.0 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
68300000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
195200000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
69100000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
189800000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
50300000 usd
CY2022Q3 spxc Cash And Cash Equivalents Included In Assets Of Abandoned Entities
CashAndCashEquivalentsIncludedInAssetsOfAbandonedEntities
5400000 usd
CY2021Q3 spxc Cash And Cash Equivalents Included In Assets Of Abandoned Entities
CashAndCashEquivalentsIncludedInAssetsOfAbandonedEntities
18800000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
195200000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
69100000 usd
spxc Number Of Large Power Projects
NumberOfLargePowerProjects
2 project
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, 2021. Interim results are not necessarily indicative of full year results.
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 2022 are April 2, July 2, and October 1, compared to the respective April 3, July 3 and October 2, 2021 dates. We had one less day in the first quarter of 2022 and will have one more day in the fourth quarter of 2022 than in the respective 2021 periods. It is not practicable to estimate the impact of the one less day on our consolidated operating results for the six months ended July 2, 2022, when compared to the consolidated operating results for the 2021 respective period.
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain prior-year amounts have been reclassified to conform to the current-year presentation, including amounts related to the inclusion of DBT within discontinued operations and the change from the LIFO method of inventory accounting.
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354000000.0 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
354000000.0 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
661100000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
661100000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
296600000 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
296600000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
583800000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
583800000 usd
CY2022Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
234100000 usd
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
215300000 usd
spxc Increase Decreasein Accounts Receivable Net
IncreaseDecreaseinAccountsReceivableNet
18800000 usd
CY2022Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
33900000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
28900000 usd
spxc Increase Decreasein Contractwith Customer Asset Net Current
IncreaseDecreaseinContractwithCustomerAssetNetCurrent
5000000.0 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
45400000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
44700000 usd
spxc Increase Decreasein Contractwith Customer Liability Current
IncreaseDecreaseinContractwithCustomerLiabilityCurrent
700000 usd
CY2022Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
5900000 usd
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
5800000 usd
spxc Increase Decreasein Contractwith Customer Liability Noncurrent
IncreaseDecreaseinContractwithCustomerLiabilityNoncurrent
100000 usd
CY2022Q3 spxc Contractwith Customers Net
ContractwithCustomersNet
216700000 usd
CY2021Q4 spxc Contractwith Customers Net
ContractwithCustomersNet
193700000 usd
spxc Increase Decreasein Contractwith Customers Net
IncreaseDecreaseinContractwithCustomersNet
23000000.0 usd
spxc Increase Decreasein Contractwith Customers Net
IncreaseDecreaseinContractwithCustomersNet
23000000.0 usd
CY2022Q3 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
10100000 usd
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
33700000 usd
CY2022Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
92400000 usd
CY2022Q3 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
15 country
CY2022Q3 spxc Number Of Countries In Which Entity Sells Its Products And Services
NumberOfCountriesInWhichEntitySellsItsProductsAndServices
100 country
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
27200000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
17100000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
38600000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
42100000 usd
CY2022Q3 spxc Special Charges
SpecialCharges
100000 usd
CY2021Q3 spxc Special Charges
SpecialCharges
600000 usd
spxc Special Charges
SpecialCharges
100000 usd
spxc Special Charges
SpecialCharges
800000 usd
CY2021Q4 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
300000 usd
CY2020Q4 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
800000 usd
spxc Restructuring And Integration Reserves Period Expense
RestructuringAndIntegrationReservesPeriodExpense
100000 usd
spxc Restructuring And Integration Reserves Period Expense
RestructuringAndIntegrationReservesPeriodExpense
800000 usd
spxc Restructuring And Integration Reserves Settled With Cash
RestructuringAndIntegrationReservesSettledWithCash
300000 usd
spxc Restructuring And Integration Reserves Settled With Cash
RestructuringAndIntegrationReservesSettledWithCash
1200000 usd
spxc Restructuring And Integration Reserves Translation And Other Adjustment
RestructuringAndIntegrationReservesTranslationAndOtherAdjustment
100000 usd
spxc Restructuring And Integration Reserves Translation And Other Adjustment
RestructuringAndIntegrationReservesTranslationAndOtherAdjustment
0 usd
CY2022Q3 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
200000 usd
CY2021Q3 spxc Restructuring And Integration Reserves
RestructuringAndIntegrationReserves
400000 usd
CY2021Q3 us-gaap Liability For Asbestos And Environmental Claims Gross Incurred Loss1
LiabilityForAsbestosAndEnvironmentalClaimsGrossIncurredLoss1
2700000 usd
CY2022Q3 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
63600000 usd
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
55100000 usd
CY2022Q3 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
28600000 usd
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
21100000 usd
CY2022Q3 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
143600000 usd
CY2021Q4 us-gaap Inventory Raw Materials And Purchased Parts Net Of Reserves
InventoryRawMaterialsAndPurchasedPartsNetOfReserves
113600000 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
235800000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
189800000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20100000 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
17700000 usd
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
44200000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
25000000.0 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
61900000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.39
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.98
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.37
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.38
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.95
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.33
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
61300000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
48400000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7700000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
40700000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
48000000.0 usd
us-gaap Profit Loss
ProfitLoss
88700000 usd
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.90
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.06
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.96
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.88
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
1.03
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
25000000.0 usd
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.91
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
90800000 usd
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
953800000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
25000000.0 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
12300000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
spxc Gross Goodwill Related To Foreign Currency Translation And Other
GrossGoodwillRelatedToForeignCurrencyTranslationAndOther
-19600000 usd
CY2022Q3 us-gaap Goodwill Gross
GoodwillGross
946500000 usd
CY2021Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
496500000 usd
spxc Goodwill Accumulated Impairment During Period
GoodwillAccumulatedImpairmentDuringPeriod
0 usd
spxc Accumulated Impairments Related To Foreign Currency Translation And Other Adjustments
AccumulatedImpairmentsRelatedToForeignCurrencyTranslationAndOtherAdjustments
-9700000 usd
CY2022Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
486800000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
457300000 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
12300000 usd
spxc Goodwill Impairment Net Of Accumulation
GoodwillImpairmentNetOfAccumulation
0 usd
spxc Goodwill Related To Foreign Currency Translation And Other
GoodwillRelatedToForeignCurrencyTranslationAndOther
-9900000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
459700000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
322300000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
76300000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
246000000.0 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
304400000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
61100000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
243300000 usd
CY2022Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
492400000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
76300000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
416100000 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
476600000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
61100000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
415500000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
29000000.0 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
25000000.0 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
25000000.0 usd
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
-200000 usd
us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
0 usd
CY2022Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
34900000 usd
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
34800000 usd
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
35300000 usd
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
300000 usd
us-gaap Product Warranty Accrual Additions From Business Acquisition
ProductWarrantyAccrualAdditionsFromBusinessAcquisition
0 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5500000 usd
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5500000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5500000 usd
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
5200000 usd
CY2021Q3 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
35600000 usd
us-gaap Liability For Asbestos And Environmental Claims Gross Incurred Loss1
LiabilityForAsbestosAndEnvironmentalClaimsGrossIncurredLoss1
2700000 usd
CY2022Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
11900000 usd
CY2021Q3 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
11700000 usd
CY2022Q3 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
23000000.0 usd
CY2021Q3 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
23900000 usd
CY2021Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
246000000.0 usd
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
100000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
6600000 usd
us-gaap Debt Instrument Increase Decrease Other Net
DebtInstrumentIncreaseDecreaseOtherNet
100000 usd
CY2022Q3 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
239600000 usd
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
2200000 usd
CY2022Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
2100000 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
13000000.0 usd
us-gaap Insurance Recoveries
InsuranceRecoveries
17000000.0 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
13000000.0 usd
CY2021Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
230800000 usd
CY2022Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
224500000 usd
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45444000 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45271000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45500000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
45201000 shares
us-gaap Insurance Recoveries
InsuranceRecoveries
15300000 usd
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
845000 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1274000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
870000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1207000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46289000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46545000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46370000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46370000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46408000 shares
CY2022Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
400000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
500000 usd
CY2021Q3 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
900000 usd
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1000000.0 usd
CY2022Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
66300000 usd
CY2022Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-12200000 usd
CY2022Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
700000 usd
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
11200000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-12900000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-8700000 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
1200000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-9900000 usd
CY2021Q3 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
1100000 usd
CY2021Q3 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
1700000 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-600000 usd
us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
5000000.0 usd
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
2900000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
2100000 usd
CY2022Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
632400000 usd
CY2021Q4 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
658800000 usd
CY2022Q3 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
592500000 usd
CY2021Q4 us-gaap Liability For Asbestos And Environmental Claims Gross
LiabilityForAsbestosAndEnvironmentalClaimsGross
616500000 usd
us-gaap Liability For Asbestos And Environmental Claims Net Payment For Claims
LiabilityForAsbestosAndEnvironmentalClaimsNetPaymentForClaims
8100000 usd
spxc Number Of Large Power Projects
NumberOfLargePowerProjects
2 project
CY2020Q3 spxc Number Of Disputes
NumberOfDisputes
9 dispute
CY2022Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
6300000 usd
CY2022Q3 spxc Unrecognized Tax Benefits Net
UnrecognizedTaxBenefitsNet
5600000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
2800000 usd
CY2022Q3 spxc Unrecognized Tax Benefits Interest On Income Taxes Accrued Net
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccruedNet
2300000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4400000 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
23500000 usd
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.187
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400000 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20100000 usd
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.119
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-700000 usd
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-2200000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7000000.0 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
39100000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.179
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7700000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
48400000 usd
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.159
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-700000 usd
us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-1000000.0 usd
CY2022Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-700000 usd
CY2021Q3 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitAmount
-2200000 usd
CY2022Q3 spxc Deferred Tax Payments Liability Total Coronavirus Aid Relief And Economic Security Act
DeferredTaxPaymentsLiabilityTotalCoronavirusAidReliefAndEconomicSecurityAct
3700000 usd
CY2022Q3 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
0.0 usd
CY2021Q3 us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
2200000 usd
us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
4400000 usd
CY2022Q3 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
43200000 usd
CY2021Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
38800000 usd
us-gaap Equity Securities Fv Ni Realized Gain
EquitySecuritiesFvNiRealizedGain
7400000 usd

Files In Submission

Name View Source Status
0000088205-22-000034-index-headers.html Edgar Link pending
0000088205-22-000034-index.html Edgar Link pending
0000088205-22-000034.txt Edgar Link pending
0000088205-22-000034-xbrl.zip Edgar Link pending
exhibit311q22022.htm Edgar Link pending
exhibit312q22022.htm Edgar Link pending
exhibit321q22022.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
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.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-20220702.htm Edgar Link pending
spxc-20220702.xsd Edgar Link pending
spxc-20220702_cal.xml Edgar Link unprocessable
spxc-20220702_def.xml Edgar Link unprocessable
spxc-20220702_htm.xml Edgar Link completed
spxc-20220702_lab.xml Edgar Link unprocessable
spxc-20220702_pre.xml Edgar Link unprocessable