Annual report pursuant to Section 13 and 15(d)

Discontinued Operations (Details)

v3.22.0.1
Discontinued Operations (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Jun. 27, 2019
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest        
Net Sales $ 0.0 $ 0.0 $ 448.3  
Cost of Sales (0.4) 0.0 334.6  
Selling, General and Administrative Expense 0.2 0.5 113.3 [1]  
Research and Development Expense 0.0 0.0 12.6  
Restructuring, Exit and Impairment Charges 0.0 0.0 138.3 [2]  
Other (Income), Net 1.4 0.0 0.3  
(Loss) Earnings from Discontinued Operations Before Income Taxes (1.2) (0.5) (150.2) [1],[2]  
Income Tax Provision (Benefit) 0.9 0.0 (32.7)  
(Loss) Earnings from Discontinued Operations, Net of Tax (2.1) (0.5) (117.5) [1],[2]  
Gain on disposal of discontinued operations, net of tax 0.0 (1.5) [3] (43.9) [3]  
Net (Loss) Earnings from Discontinued Operations, Net of Tax (2.1) (2.0) (161.4)  
Tax Benefit of Loss from Disposal of Discontinued Operations     7.4  
Goodwill, Impairment Loss 0.0 0.0 0.0  
Loss from Disposal of Discontinued Operations, Pre-Tax     51.3  
Assets Held for Sale 0.0 0.0    
Disposal Group, Including Discontinued Operation, Liabilities 0.0 0.0    
Fitness [Member]        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Retained Assets 4.0 4.6   $ 26.4
Retained Liabilities $ 2.1 $ 12.7   $ 45.1
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest        
Goodwill, Impairment Loss, Net of Tax     103.0  
Goodwill, Impairment Loss     137.2  
Business Exit Costs     $ 16.5  
[1] (A) The Company recorded $16.5 million for the year ended December 31, 2019, of net costs incurred in connection with the sale of its Fitness business.
[2] (B) In the first quarter of 2019, the Company re-evaluated the fair value of the Fitness reporting unit and determined the fair value of the business was less than its carrying value. As a result, (Loss) earnings from discontinued operations, net of tax, includes a $137.2 million ($103.0 million after tax) goodwill impairment charge for the year ended December 31, 2019.
[3] (C) The Loss on disposal of discontinued operations, net of tax for the year ended December 31, 2019 includes a pre-tax loss of $51.3 million and a net tax benefit of $7.4 million.