2013 Q4 Form 10-K Financial Statement

#000104746914001466 Filed on February 27, 2014

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q2 2013 Q1
Revenue $376.0M $366.8M $358.9M
YoY Change 6.06% 1.19% 0.36%
Cost Of Revenue $245.1M $234.0M $230.0M
YoY Change 8.5% 0.56%
Gross Profit $130.9M $132.8M $128.9M
YoY Change 1.79% 2.63% 0.86%
Gross Profit Margin 34.81% 36.21% 35.92%
Selling, General & Admin $106.3M $95.20M $98.10M
YoY Change 11.78% -4.99%
% of Gross Profit 81.21% 71.69% 76.11%
Research & Development $5.400M $5.500M $5.400M
YoY Change 3.77%
% of Gross Profit 4.13% 4.14% 4.19%
Depreciation & Amortization $12.50M $12.10M $12.20M
YoY Change 0.0% -3.2%
% of Gross Profit 9.55% 9.11% 9.46%
Operating Expenses $111.7M $95.20M $103.5M
YoY Change 17.46% -9.76%
Operating Profit $19.20M $35.60M $28.60M
YoY Change -42.69% 33.83%
Interest Expense -$4.700M $5.500M $6.000M
YoY Change -21.67% -11.29%
% of Operating Profit -24.48% 15.45% 20.98%
Other Income/Expense, Net -$1.100M -$6.700M -$5.900M
YoY Change 57.14% 31.37%
Pretax Income $11.30M $28.90M $22.70M
YoY Change -52.92% 34.42%
Income Tax $3.100M $10.00M $6.400M
% Of Pretax Income 27.43% 34.6% 28.19%
Net Earnings $8.200M $18.90M $16.10M
YoY Change -47.1% 20.38%
Net Earnings / Revenue 2.18% 5.15% 4.49%
Basic Earnings Per Share $0.23 $0.53 $0.45
Diluted Earnings Per Share $0.23 $0.53 $0.45
COMMON SHARES
Basic Shares Outstanding 35.50M shares 35.50M shares
Diluted Shares Outstanding 35.60M shares 35.60M shares

Balance Sheet

Concept 2013 Q4 2013 Q2 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $267.9M $181.9M $253.1M
YoY Change -2.01% -22.56%
Cash & Equivalents $267.9M $181.9M $251.0M
Short-Term Investments $0.00 $0.00 $2.100M
Other Short-Term Assets $66.10M $48.50M $51.10M
YoY Change 18.67% -32.07%
Inventory $310.2M $306.9M $299.7M
Prepaid Expenses
Receivables $212.9M $222.5M $218.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $857.1M $759.8M $822.4M
YoY Change 4.11% -8.03%
LONG-TERM ASSETS
Property, Plant & Equipment $219.9M $220.1M $220.5M
YoY Change -0.81% -1.74%
Goodwill $514.8M $499.3M $495.4M
YoY Change 2.14% -2.0%
Intangibles $132.4M
YoY Change -8.94%
Long-Term Investments
YoY Change
Other Assets $12.20M $13.20M $9.600M
YoY Change 24.49% -36.84%
Total Long-Term Assets $883.1M $876.0M $875.7M
YoY Change -0.29% -5.07%
TOTAL ASSETS
Total Short-Term Assets $857.1M $759.8M $822.4M
Total Long-Term Assets $883.1M $876.0M $875.7M
Total Assets $1.740B $1.636B $1.698B
YoY Change 1.83% -6.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $145.6M $130.7M $134.1M
YoY Change 10.89% -1.51%
Accrued Expenses $117.9M $157.5M $154.2M
YoY Change 3.51% -2.05%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.200M $2.100M $77.00M
YoY Change -97.15% 0.0%
Total Short-Term Liabilities $326.9M $290.3M $365.3M
YoY Change -11.26% -1.79%
LONG-TERM LIABILITIES
Long-Term Debt $305.5M $306.3M $306.8M
YoY Change -0.65% -22.16%
Other Long-Term Liabilities $59.80M $43.80M $45.50M
YoY Change 22.79% 3.06%
Total Long-Term Liabilities $365.3M $350.1M $352.3M
YoY Change 2.55% -19.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $326.9M $290.3M $365.3M
Total Long-Term Liabilities $365.3M $350.1M $352.3M
Total Liabilities $692.2M $682.6M $717.6M
YoY Change -4.47% -13.93%
SHAREHOLDERS EQUITY
Retained Earnings $513.1M $509.2M
YoY Change 3.01%
Common Stock $473.5M $453.8M
YoY Change 5.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.002B $953.2M $936.0M
YoY Change
Total Liabilities & Shareholders Equity $1.740B $1.636B $1.698B
YoY Change 1.83% -6.47%

Cashflow Statement

Concept 2013 Q4 2013 Q2 2013 Q1
OPERATING ACTIVITIES
Net Income $8.200M $18.90M $16.10M
YoY Change -47.1% 20.38%
Depreciation, Depletion And Amortization $12.50M $12.10M $12.20M
YoY Change 0.0% -3.2%
Cash From Operating Activities $51.10M $23.90M -$2.700M
YoY Change -14.55% 646.88%
INVESTING ACTIVITIES
Capital Expenditures -$5.100M $7.000M $11.00M
YoY Change -57.5% 42.86%
Acquisitions
YoY Change
Other Investing Activities $100.0K $3.500M $0.00
YoY Change -99.06% -120.23%
Cash From Investing Activities -$5.000M -$3.500M -$11.00M
YoY Change 257.14% -84.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $10.00M
YoY Change
Debt Paid & Issued, Net $500.0K
YoY Change
Cash From Financing Activities -7.200M -89.40M -3.800M
YoY Change -388.0% 3625.0%
NET CHANGE
Cash From Operating Activities 51.10M 23.90M -2.700M
Cash From Investing Activities -5.000M -3.500M -11.00M
Cash From Financing Activities -7.200M -89.40M -3.800M
Net Change In Cash 38.90M -69.00M -17.50M
YoY Change -36.12% 222.43%
FREE CASH FLOW
Cash From Operating Activities $51.10M $23.90M -$2.700M
Capital Expenditures -$5.100M $7.000M $11.00M
Free Cash Flow $56.20M $16.90M -$13.70M
YoY Change -21.73% -1094.12%

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CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1100000 USD
CY2011 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8900000 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
39500000 USD
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
4700000 USD
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1500000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
27700000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
30500000 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
22500000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
118300000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
130300000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
126100000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1500000 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
200000 USD
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
800000 USD
CY2012 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
2100000 USD
CY2011 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
8100000 USD
CY2012 wts Proceeds From Sale Of Available For Sale Assets
ProceedsFromSaleOfAvailableForSaleAssets
3000000 USD
CY2013 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2100000 USD
CY2012 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
4100000 USD
CY2011 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
8100000 USD
CY2012 wts Payments To Acquire Intangible And Other Assets
PaymentsToAcquireIntangibleAndOtherAssets
100000 USD
CY2011 wts Payments To Acquire Intangible And Other Assets
PaymentsToAcquireIntangibleAndOtherAssets
900000 USD
CY2012 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
17500000 USD
CY2011 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
165500000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-24100000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-42900000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-188100000 USD
CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
9200000 USD
CY2011 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
184000000 USD
CY2013 us-gaap Repayments Of Long Term Debt
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77200000 USD
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
23900000 USD
CY2011 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
168000000 USD
CY2013 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
4800000 USD
CY2012 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2900000 USD
CY2011 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
2600000 USD
CY2013 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
11900000 USD
CY2012 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
17800000 USD
CY2011 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
5400000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
1300000 USD
CY2012 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
900000 USD
CY2011 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
800000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
23000000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
65800000 USD
CY2011 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
27200000 USD
CY2013 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
17700000 USD
CY2012 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
16000000 USD
CY2011 us-gaap Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
16300000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-109500000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-80700000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-23900000 USD
CY2013 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
4100000 USD
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
3200000 USD
CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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7300000 USD
CY2013 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-100000 USD
CY2012 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
3200000 USD
CY2011 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-200000 USD
CY2013 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
7900000 USD
CY2012 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
8300000 USD
CY2011 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-200000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3400000 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
21400000 USD
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-79000000 USD
CY2012 us-gaap Fair Value Of Assets Acquired
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25200000 USD
CY2011 us-gaap Fair Value Of Assets Acquired
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225500000 USD
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17500000 USD
CY2011 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
165500000 USD
CY2012 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
7700000 USD
CY2011 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
60000000 USD
CY2013 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
3700000 USD
CY2012 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
1100000 USD
CY2011 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
4300000 USD
CY2013 us-gaap Stock Issued1
StockIssued1
700000 USD
CY2012 us-gaap Stock Issued1
StockIssued1
500000 USD
CY2011 us-gaap Stock Issued1
StockIssued1
400000 USD
CY2013 us-gaap Interest Paid
InterestPaid
21500000 USD
CY2012 us-gaap Interest Paid
InterestPaid
23900000 USD
CY2011 us-gaap Interest Paid
InterestPaid
24700000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
32700000 USD
CY2012 us-gaap Income Taxes Paid
IncomeTaxesPaid
27100000 USD
CY2011 us-gaap Income Taxes Paid
IncomeTaxesPaid
35500000 USD
CY2013 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-2400000 USD
CY2012 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-900000 USD
CY2011 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-14600000 USD
CY2013 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-100000 USD
CY2012 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
1100000 USD
CY2011 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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-3800000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-2300000 USD
CY2012 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-2000000 USD
CY2011 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-10800000 USD
CY2013 us-gaap Disposal Group Including Discontinued Operation Revenue
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9500000 USD
CY2012 us-gaap Disposal Group Including Discontinued Operation Revenue
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31100000 USD
CY2011 us-gaap Disposal Group Including Discontinued Operation Revenue
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29200000 USD
CY2013Q4 us-gaap Inventory Raw Materials Net Of Reserves
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111300000 USD
CY2012Q4 us-gaap Inventory Raw Materials Net Of Reserves
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110800000 USD
CY2013Q4 us-gaap Inventory Work In Process Net Of Reserves
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19100000 USD
CY2012Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
20500000 USD
CY2013Q4 us-gaap Inventory Finished Goods Net Of Reserves
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179800000 USD
CY2012Q4 us-gaap Inventory Finished Goods Net Of Reserves
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156700000 USD
CY2013Q4 us-gaap Inventory Valuation Reserves
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29900000 USD
CY2012Q4 us-gaap Inventory Valuation Reserves
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27700000 USD
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16700000 USD
CY2012Q4 us-gaap Other Inventory Materials Supplies And Merchandise Under Consignment
OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment
13500000 USD
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539200000 USD
CY2012Q4 us-gaap Property Plant And Equipment Gross
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510200000 USD
CY2013Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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319300000 USD
CY2012Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
288500000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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22400000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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23700000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
29100000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
30500000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Other
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18300000 USD
CY2012Q4 us-gaap Deferred Tax Liabilities Other
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15700000 USD
CY2013Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
69800000 USD
CY2012Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
69900000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
21300000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
16700000 USD
CY2013Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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10900000 USD
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5400000 USD
CY2013Q4 us-gaap Deferred Tax Assets Inventory
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12300000 USD
CY2012Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
8600000 USD
CY2013Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
16300000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
15800000 USD
CY2013Q4 us-gaap Deferred Tax Assets Other
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9800000 USD
CY2012Q4 us-gaap Deferred Tax Assets Other
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14900000 USD
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70600000 USD
CY2012Q4 us-gaap Deferred Tax Assets Gross
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61400000 USD
CY2013Q4 us-gaap Deferred Tax Assets Valuation Allowance
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13100000 USD
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10100000 USD
CY2013Q4 us-gaap Deferred Tax Assets Net
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57500000 USD
CY2012Q4 us-gaap Deferred Tax Assets Net
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51300000 USD
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-12300000 USD
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net
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21600000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
27300000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
39600000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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66200000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
72900000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
68300000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
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12800000 USD
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
5000000 USD
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6900000 USD
CY2013 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
19700000 USD
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
21500000 USD
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
18300000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
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2500000 USD
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1300000 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1800000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
35000000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
27800000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
27000000 USD
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-5000000 USD
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4400000 USD
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
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5500000 USD
CY2013 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2300000 USD
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-3500000 USD
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-3000000 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-800000 USD
CY2012 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1100000 USD
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1200000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2000000 USD
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3700000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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30800000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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35000000 USD
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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37800000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1000000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1500000 USD
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
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1900000 USD
CY2013 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-5700000 USD
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-7400000 USD
CY2011 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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-4400000 USD
CY2011 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-4200000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
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800000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
700000 USD
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-400000 USD
CY2013Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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397200000 USD
CY2012Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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329700000 USD
CY2011Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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282200000 USD
CY2013Q4 wts Withholding Taxes Payable Upon Remittance Of All Previously Unremitted Earnings
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11300000 USD
CY2013Q4 us-gaap Accrued Sales Commission Current
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40500000 USD
CY2012Q4 us-gaap Accrued Sales Commission Current
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40600000 USD
CY2013Q4 wts Product Liability Accrual And Workers Compensation Liability Current
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33500000 USD
CY2012Q4 wts Product Liability Accrual And Workers Compensation Liability Current
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31400000 USD
CY2013Q4 us-gaap Other Accrued Liabilities Current
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56600000 USD
CY2012Q4 us-gaap Other Accrued Liabilities Current
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42500000 USD
CY2013Q4 us-gaap Accrued Income Taxes Current
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4600000 USD
CY2012Q4 us-gaap Accrued Income Taxes Current
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2100000 USD
CY2013Q4 us-gaap Goodwill Gross
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539300000 USD
CY2012Q4 us-gaap Goodwill Gross
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528200000 USD
CY2011Q4 us-gaap Goodwill Gross
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507600000 USD
CY2012 us-gaap Goodwill Acquired During Period
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11700000 USD
CY2013 wts Goodwill Translation Adjustments And Other Changes
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11100000 USD
CY2012 wts Goodwill Translation Adjustments And Other Changes
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8900000 USD
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24500000 USD
CY2012Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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24200000 USD
CY2011Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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23200000 USD
CY2012 us-gaap Goodwill Impairment Loss
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1000000 USD
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197500000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
199000000 USD
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FiniteLivedIntangibleAssetsAccumulatedAmortization
93900000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
108500000 USD
CY2012Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
103600000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
90500000 USD
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IndefiniteLivedIntangibleAssetsExcludingGoodwill
41800000 USD
CY2013Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
41900000 USD
CY2012Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
239300000 USD
CY2013Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
240900000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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14900000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14700000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
14200000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
13800000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10000000 USD
CY2013 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P8Y4M24D
CY2013 wts Unrecognized Tax Benefits Decreases Resulting From Voluntary Disclosure Agreements
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3700000 USD
CY2013 wts Tax Benefits Recognization Basis For Uncertain Tax Position Likelihood Realization Greater Than Percentage
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0.50 pure
CY2013Q4 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
CashFlowHedgesDerivativeInstrumentsAtFairValueNet
0 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
800000 USD
CY2013Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
200000 USD
CY2012Q4 us-gaap Unrecognized Tax Benefits
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4600000 USD
CY2013Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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20800000 USD
CY2013 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
100000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
200000 USD
CY2013 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3700000 USD
CY2013 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y6M
CY2013 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9600000 USD
CY2012 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5800000 USD
CY2011 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5300000 USD
CY2013 wts Allocated Share Based Compensation Expense Impact On Basic And Diluted Earnings Per Share
AllocatedShareBasedCompensationExpenseImpactOnBasicAndDilutedEarningsPerShare
0.14
CY2012 wts Allocated Share Based Compensation Expense Impact On Basic And Diluted Earnings Per Share
AllocatedShareBasedCompensationExpenseImpactOnBasicAndDilutedEarningsPerShare
0.10
CY2011 wts Allocated Share Based Compensation Expense Impact On Basic And Diluted Earnings Per Share
AllocatedShareBasedCompensationExpenseImpactOnBasicAndDilutedEarningsPerShare
0.09
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
100000 shares
CY2012 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
100000 shares
CY2011 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
200000 shares
CY2013 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
58600000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
68400000 USD
CY2011 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
66400000 USD
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2012 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
200000 shares
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
700000 shares
CY2012Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
2000000 shares
CY2011Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
1000000 shares
CY2011Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1000000 shares
CY2012Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
2000000 shares
CY2012Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
65800000 USD
CY2011Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
27200000 USD
CY2013 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
454000 shares
CY2013 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
23000000 USD
CY2013 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
38400000 USD
CY2012 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
37000000 USD
CY2011 us-gaap Shipping Handling And Transportation Costs
ShippingHandlingAndTransportationCosts
36900000 USD
CY2013 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21500000 USD
CY2012 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20400000 USD
CY2011 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20500000 USD
CY2013 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="FONT-FAMILY: times;"><font size="2"><i>Concentration of Credit</i></font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company sells products to a diversified customer base and, therefore, has no significant concentrations of credit risk. In 2013 and 2012, no customer accounted for 10% or more of the Company's total sales.</font></p> </div>
CY2013 us-gaap Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="FONT-FAMILY: times;"><font size="2"><i>Basis of Presentation</i></font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Certain amounts in the 2012 and 2011 consolidated financial statements have been reclassified to permit comparison with the 2013 presentation. These reclassifications had no effect on reported results of operations or stockholders' equity.</font></p> </div>
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="FONT-FAMILY: times;"><font size="2"><i>Estimates</i></font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></p> </div>
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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1700000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
75000000 USD
CY2012Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
34800000 USD
CY2013Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
23600000 USD
CY2013 wts Restructuring Settlement And Impairment Provisions Total Gross
RestructuringSettlementAndImpairmentProvisionsTotalGross
10000000 USD
CY2012 wts Restructuring Settlement And Impairment Provisions Total Gross
RestructuringSettlementAndImpairmentProvisionsTotalGross
5200000 USD
CY2011 wts Restructuring Settlement And Impairment Provisions Total Gross
RestructuringSettlementAndImpairmentProvisionsTotalGross
10000000 USD
CY2013 wts Restructuring Settlement Contingent Liability Reduction
RestructuringSettlementContingentLiabilityReduction
200000 USD
CY2012 wts Restructuring Settlement Contingent Liability Reduction
RestructuringSettlementContingentLiabilityReduction
1000000 USD
CY2011 wts Restructuring Settlement Contingent Liability Reduction
RestructuringSettlementContingentLiabilityReduction
1200000 USD
CY2012Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
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138000000 USD
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
384600000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
307700000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2200000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2300000 USD
CY2013Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
226500000 USD
CY2013 wts Common Stock Optional Conversion Ratio
CommonStockOptionalConversionRatio
1 pure
CY2013 wts Share Based Compensation Arrangement By Share Based Payment Award Plan Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanNumber
2 item
CY2012Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
384600000 USD
CY2011 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
5300000 USD
CY2013Q4 us-gaap Long Term Debt Fair Value
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333400000 USD
CY2012Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
420800000 USD
CY2011 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
6000000 USD
CY2013 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
6800000 USD
CY2012 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
6900000 USD
CY2013Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
22000000 USD
CY2012Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
21600000 USD
CY2013Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
-22600000 USD
CY2012Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
-22200000 USD
CY2013Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-42200000 USD
CY2012Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-41200000 USD
CY2013Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
126300000 USD
CY2011 wts Defined Benefit Plan Curtailment Charge To Recorded To Write Off Unrecognized Prior Service Costs
DefinedBenefitPlanCurtailmentChargeToRecordedToWriteOffUnrecognizedPriorServiceCosts
1500000 USD
CY2012Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
138000000 USD
CY2013Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
126300000 USD
CY2011Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
121200000 USD
CY2013 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
500000 USD
CY2012 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
600000 USD
CY2013 us-gaap Defined Benefit Plan Administration Expenses
DefinedBenefitPlanAdministrationExpenses
800000 USD
CY2012 us-gaap Defined Benefit Plan Administration Expenses
DefinedBenefitPlanAdministrationExpenses
900000 USD
CY2013 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5400000 USD
CY2012 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
5700000 USD
CY2013 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
12500000 USD
CY2012 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-15600000 USD
CY2013 us-gaap Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
4300000 USD
CY2013Q4 us-gaap Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
11200000 USD
CY2011 us-gaap Defined Benefit Plan Curtailments
DefinedBenefitPlanCurtailments
-12500000 USD
CY2013Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
103700000 USD
CY2012Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
115800000 USD
CY2011Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
108400000 USD
CY2013 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-7700000 USD
CY2012 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
11800000 USD
CY2013 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
700000 USD
CY2012 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
700000 USD
CY2013Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-22600000 USD
CY2012Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-22200000 USD
CY2013Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
600000 USD
CY2012Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
600000 USD
CY2013Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
126300000 USD
CY2012Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
138000000 USD
CY2013Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
103700000 USD
CY2012Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
115800000 USD
CY2013Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
307700000 USD
CY2013 wts Number Of Product Categories
NumberOfProductCategories
4 item
CY2012 us-gaap Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
4200000 USD
CY2013 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 item
CY2011 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
7500000 USD
CY2013 us-gaap Defined Benefit Plan Future Amortization Of Gain Loss
DefinedBenefitPlanFutureAmortizationOfGainLoss
-1100000 USD
CY2011 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
300000 USD
CY2013 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1000000 USD
CY2013 wts Percentage Of Projected Intercompany Purchase Transactions Hedged For Next Twelve Months By Forward Exchange Contracts
PercentageOfProjectedIntercompanyPurchaseTransactionsHedgedForNextTwelveMonthsByForwardExchangeContracts
0.50 pure
CY2013 wts Maximum Length Of Time Hedged In Foreign Currency Contract
MaximumLengthOfTimeHedgedInForeignCurrencyContract
P12M
CY2012 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
100000 USD
CY2011 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
600000 USD
CY2013 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
100000 USD
CY2013Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
1600000 USD
CY2013Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
1600000 USD
CY2013Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
1600000 USD
CY2013Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
1500000 USD
CY2013Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
1400000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
9100000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
6300000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3600000 USD
CY2012 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-600000 USD
CY2011 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-2700000 USD
CY2013Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.049 pure
CY2011 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Curtailments
DefinedBenefitPlanRecognizedNetGainLossDueToCurtailments
-1500000 USD
CY2013 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
100000 USD
CY2012Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.040 pure
CY2011 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
8300000 USD
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.040 pure
CY2012 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.048 pure
CY2011 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0470 pure
CY2011 wts Defined Benefit Plan Assumptions Used In Calculating Net Periodic Benefit Cost Original Discount Rate
DefinedBenefitPlanAssumptionsUsedInCalculatingNetPeriodicBenefitCostOriginalDiscountRate
0.0550 pure
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.060 pure
CY2012 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0650 pure
CY2011 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0775 pure
CY2013 us-gaap Defined Benefit Plan Target Plan Asset Allocations
DefinedBenefitPlanTargetPlanAssetAllocations
0.90 pure
CY2013 wts Defined Benefit Plan Target Allocation Threshold Percent Number Of Companies Or Government Agencies
DefinedBenefitPlanTargetAllocationThresholdPercentNumberOfCompaniesOrGovernmentAgencies
1 item
CY2013 wts Defined Benefit Plan Target Allocation Percentage Of Assets Company Or Government Agency Maximum
DefinedBenefitPlanTargetAllocationPercentageOfAssetsCompanyOrGovernmentAgencyMaximum
0.10 pure
CY2013 wts Defined Benefit Plan Target Allocation Percentage Of Assets Industry Maximum
DefinedBenefitPlanTargetAllocationPercentageOfAssetsIndustryMaximum
0.20 pure
CY2013 wts Defined Benefit Plan Target Allocation Threshold Percent Number Of Industries
DefinedBenefitPlanTargetAllocationThresholdPercentNumberOfIndustries
1 item
CY2013 wts Defined Benefit Plan Target Allocation Percentage Of Assets Individual Treasury Securities
DefinedBenefitPlanTargetAllocationPercentageOfAssetsIndividualTreasurySecurities
0.50 pure
CY2013 wts Defined Benefit Plan Target Allocation Percentage Of Assets Treasury Bonds And Notes Maximum
DefinedBenefitPlanTargetAllocationPercentageOfAssetsTreasuryBondsAndNotesMaximum
1.00 pure
CY2013Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.000 pure
CY2012Q4 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1.000 pure
CY2013 us-gaap Defined Benefit Plans Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlansEstimatedFutureEmployerContributionsInNextFiscalYear
800000 USD
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
5200000 USD
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
5500000 USD
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
5800000 USD
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
6100000 USD
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
6400000 USD
CY2013Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
37300000 USD
CY2012 wts Defined Contribution Plan Base Contribution By Employer Percent
DefinedContributionPlanBaseContributionByEmployerPercent
0.02 pure
CY2013 wts Defined Contribution Plan Employer Match Level One Maximum
DefinedContributionPlanEmployerMatchLevelOneMaximum
1.00 pure
CY2013 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.04 pure
CY2012 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4000000 USD
CY2013 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4200000 USD
CY2011 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
500000 USD
CY2012 wts Supplemental Compensation Agreement Annual Compensation Paid
SupplementalCompensationAgreementAnnualCompensationPaid
600000 USD
CY2011 wts Supplemental Compensation Agreement Annual Compensation Paid
SupplementalCompensationAgreementAnnualCompensationPaid
500000 USD
CY2013 wts Supplemental Compensation Agreement Annual Compensation Paid
SupplementalCompensationAgreementAnnualCompensationPaid
600000 USD
CY2013Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
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2800000 USD
CY2013Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
10500000 USD
CY2013Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
1000000 USD
CY2013Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
9500000 USD
CY2013Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
1400000 USD
CY2013Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
8100000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2200000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1000000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
6400000 USD
CY2013Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
28600000 USD
CY2013Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
19300000 USD
CY2012Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
18000000 USD
CY2013Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
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5100000 USD
CY2012Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
3900000 USD
CY2013Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
14200000 USD
CY2012Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
CapitalLeasesBalanceSheetAssetsByMajorClassNet
14100000 USD
CY2011Q4 us-gaap Assets
Assets
1694000000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
220400000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
48900000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
48500000 USD
CY2011 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
47900000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
358900000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
366800000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
371800000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
376000000 USD
CY2013Q1 us-gaap Gross Profit
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<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="FONT-FAMILY: times;"><font size="2"><b>(1) Description of Business</b></font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Watts Water Technologies,&#160;Inc. (the Company), through its subsidiaries, designs, manufactures and sells an extensive line of water safety and flow control products primarily for the water quality, water conservation, water safety and water flow control markets located predominantly in the Americas and Europe, Middle East and Africa (EMEA) with a presence in Asia Pacific.</font></p> </div>
CY2013 us-gaap Sales Revenue Net
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4200000 USD
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CY2013 us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
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1600000 USD
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CY2013 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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700000 USD
CY2012 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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400000 USD
CY2011 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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1400000 USD
CY2013 us-gaap Operating Income Loss
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111500000 USD
CY2012 us-gaap Operating Income Loss
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CY2011 us-gaap Operating Income Loss
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133500000 USD
CY2013 us-gaap Investment Income Interest
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CY2012 us-gaap Investment Income Interest
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700000 USD
CY2011 us-gaap Investment Income Interest
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CY2013 us-gaap Interest Expense
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21500000 USD
CY2012 us-gaap Interest Expense
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CY2011 us-gaap Interest Expense
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25800000 USD
CY2013 us-gaap Other Nonoperating Income Expense
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CY2012 us-gaap Other Nonoperating Income Expense
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CY2011 us-gaap Other Nonoperating Income Expense
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CY2013 us-gaap Nonoperating Income Expense
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CY2011 us-gaap Nonoperating Income Expense
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87800000 USD
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100200000 USD
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107900000 USD
CY2013 us-gaap Income Tax Expense Benefit
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CY2011 us-gaap Income Tax Expense Benefit
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CY2013 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2012 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2011 us-gaap Income Loss From Continuing Operations
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77200000 USD
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
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58600000 USD
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68400000 USD
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66400000 USD
CY2013 us-gaap Income Loss From Continuing Operations Per Basic Share
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1.72
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1.96
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2.07
CY2013 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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-0.06
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-0.29
CY2013 us-gaap Earnings Per Share Basic
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1.65
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CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
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35500000 shares
CY2013Q2 us-gaap Stock Repurchase Program Authorized Amount
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90000000 USD
CY2013 wts Restructuring Settlement Included In Cost Of Goods Sold
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-1100000 USD
CY2013 wts Restructuring Settlement And Impairment Provisions Net Total
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10000000 USD
CY2012 wts Restructuring Settlement And Impairment Provisions Net Total
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5200000 USD
CY2011 wts Restructuring Settlement And Impairment Provisions Net Total
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10000000 USD
CY2012Q4 us-gaap Preferred Stock Value
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USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
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267900000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
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271300000 USD
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CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
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328900000 USD
CY2012Q4 us-gaap Cash Flow Hedges Derivative Instruments At Fair Value Net
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0 USD
CY2013 wts Number Of Stock Based Compensation Plans
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2 item
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CY2013Q4 us-gaap Litigation Settlement Expense
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CY2013 us-gaap Goodwill And Intangible Asset Impairment
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1200000 USD
CY2012 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
3400000 USD
CY2011 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
2300000 USD

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