Carlisle Companies (CSL) 10-Q 25 Apr 19 2019 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2019	Apr. 18, 2019
Document and Entity Information
Entity Registrant Name	CARLISLE COMPANIES INCORPORATED
Entity Central Index Key	0000790051
Document Type	10-Q
Document Period End Date	Mar. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		57,060,669
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q1
Entity Emerging Growth Company	false
Entity Small Business	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings and Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Condensed Consolidated Statements of Operations and Comprehensive (Loss) Income
Revenues	$ 1,071.9	$ 984.7
Cost of goods sold	783.3	735.3
Selling and administrative expenses	164.2	148.6
Research and development expenses	14.4	13.9
Other operating (income) expense, net	(4.7)	(7.8)
Operating income	114.7	94.7
Interest expense, net	13.7	14.5
Other non-operating (income) expense, net	(0.4)	1.9
Income from continuing operations before income taxes	101.4	78.3
Provision for income taxes	24	20.4
Income from continuing operations	77.4	57.9
Discontinued operations:
Income before income taxes	0	299
(Benefit) provision for income taxes	(2)	47.3
Income from discontinued operations	2	251.7
Net income	$ 79.4	$ 309.6
Basic earnings per share attributable to common shares:
Income from continuing operations (in dollars per share)	$ 1.34	$ 0.93
Income from discontinued operations (in dollars per share)	0.03	4.05
Basic earnings per share (in dollars per share)	1.37	4.98
Diluted earnings per share attributable to common shares:
Income from continuing operations (in dollars per share)	1.33	0.92
Income from discontinued operations (in dollars per share)	0.03	4.02
Diluted earnings per share (in dollars per share)	$ 1.36	$ 4.94
Average shares outstanding (in thousands):
Basic (in shares)	57,547,000	61,684,000
Diluted (in shares)	57,870,000	62,164,000
Comprehensive Income
Net income	$ 79.4	$ 309.6
Other comprehensive income:
Foreign currency gains	3.9	22.2
Amortization of unrecognized net periodic benefit costs, net of tax	0.7	0.9
Other, net of tax	1.6	0.2
Other comprehensive income	6.2	23.3
Comprehensive income	$ 85.6	$ 332.9

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 516.6	$ 803.6
Receivables, net of allowance of $5.6 million and $5.1 million, respectively	773	698.3
Inventories, net	514.7	457.5
Prepaid expenses	19.3	22
Other current assets	53.7	75.3
Total current assets	1,877.3	2,056.7
Property, plant, and equipment, net	772.4	760.1
Goodwill, net	1,504.8	1,441.8
Other intangible assets, net	1,049.5	967.7
Other long-term assets	97.7	22.9
Total assets	5,301.7	5,249.2
Current liabilities:
Accounts payable	356.2	312.1
Accrued liabilities and other	250.8	258
Deferred revenue	26.2	25.5
Total current liabilities	633.2	595.6
Long-term liabilities:
Long-term debt	1,588.5	1,587.8
Deferred revenue	204	201.9
Other long-term liabilities	351.3	266.5
Total long-term liabilities	2,143.8	2,056.2
Shareholders' equity:
Preferred stock, $1 par value per share (5,000,000 shares authorized and unissued)	0	0
Common stock, $1 par value per share (200,000,000 shares; 56,802,175 and 57,957,912 shares outstanding, respectively)	78.7	78.7
Additional paid-in capital	390.1	383.8
Deferred compensation equity	7.8	8
Treasury shares, at cost (21,677,133 and 20,534,652 shares, respectively)	(1,243.5)	(1,102.4)
Accumulated other comprehensive loss	(115.9)	(122.1)
Retained earnings	3,407.5	3,351.4
Total shareholders' equity	2,524.7	2,597.4
Total liabilities and equity	$ 5,301.7	$ 5,249.2

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Receivables allowance	$ 5.6	$ 5.1
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, authorized shares	5,000,000	5,000,000
Preferred stock, unissued shares	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, authorized shares	200,000,000	200,000,000
Common stock, shares outstanding	56,802,175	57,957,912
Treasury, shares	21,677,133	20,534,652

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Operating activities:
Net income	$ 79.4	$ 309.6
Reconciliation of net income to net cash provided by operating activities:
Depreciation	21.3	22.7
Amortization	27.8	28.3
Stock-based compensation, net of tax benefit	6.8	6.8
Deferred taxes	(0.5)	(2.3)
Gain on sale of discontinued operation, net of tax	0	(247.9)
Other operating activities, net	8.1	(3.1)
Changes in assets and liabilities, excluding effects of acquisitions:
Receivables	(63.1)	(26.8)
Inventories	(18.6)	(55.8)
Prepaid expenses and other assets	26	11.5
Accounts payable	53.4	27.2
Accrued liabilities and other	(31)	(40.6)
Deferred revenues	2.8	3.3
Other long-term liabilities	(2.6)	0.3
Net cash provided by operating activities	109.8	33.2
Investing activities:
Acquisitions, net of cash acquired	(202)	(0.7)
Capital expenditures	(23.3)	(42.5)
Proceeds from sale of discontinued operation	0	754.6
Other investing activities, net	0.9	3.6
Net cash provided by (used in) investing activities	(224.4)	715
Financing activities:
Repurchases of common stock	(157.1)	(122)
Dividends paid	(23.3)	(23.1)
Proceeds from exercise of stock options	10.6	1.7
Withholding tax paid related to stock-based compensation	(3.3)	(4.6)
Net cash used in financing activities	(173.1)	(148)
Effect of foreign currency exchange rate changes on cash and cash equivalents	0.7	1.9
Change in cash and cash equivalents	(287)	602.1
Less: change in cash and cash equivalents of discontinued operations	0	1.3
Cash and cash equivalents at beginning of period	803.6	378.3
Cash and cash equivalents at beginning of period	$ 516.6	$ 979.1

Condensed Consolidated Statem_3

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - USD ($) $ in Millions		Total	Common Stock	Additional Paid-In Capital	Deferred Compensation Equity	Accumulated Other Comprehensive Income (loss)	Retained Earnings	Shares in Treasury
Increase (Decrease) in Shareholders' Equity
Adoption of accounting standards | Adjustments for New Accounting Pronouncement		$ 6.5				$ (6.5)	$ 13
Balance at the beginning of the period at Dec. 31, 2017		2,528.3	$ 78.7	$ 353.7	$ 10.4	(85.7)	2,820.8	$ (649.6)
Balance (in shares) at Dec. 31, 2017			61,800,000					16,600,000
Increase (Decrease) in Shareholders' Equity
Net income		309.6					309.6
Other comprehensive income (loss), net of tax		23.3				23.3
Cash dividends - $0.40 and $0.37 for the three months ended March 31, 2019 and 2018, respectively		(23.1)					(23.1)
Repurchases of common stock		(129.3)						$ (129.3)
Repurchases of common stock (in shares)			(1,200,000)					1,200,000
Issuances and deferrals. net for stock based compensation (1)	[1]	5.5		3.9	0.7			$ 0.9
Issuances and deferrals, net for stock based compensation (in shares)	[1]		100,000					(100,000)
Balance at the end of the period at Mar. 31, 2018		2,720.8	$ 78.7	357.6	11.1	(68.9)	3,120.3	$ (778)
Balance (in shares) at Mar. 31, 2018			60,700,000					17,700,000
Balance at the beginning of the period at Dec. 31, 2018		$ 2,597.4	$ 78.7	383.8	$ 8	(122.1)	3,351.4	$ (1,102.4)
Balance (in shares) at Dec. 31, 2018		57,957,912	57,900,000					20,500,000
Increase (Decrease) in Shareholders' Equity
Net income		$ 79.4					79.4
Other comprehensive income (loss), net of tax		6.2				6.2
Cash dividends - $0.40 and $0.37 for the three months ended March 31, 2019 and 2018, respectively		(23.3)					(23.3)
Repurchases of common stock		(149.9)						$ (149.9)
Repurchases of common stock (in shares)			(1,300,000)					1,300,000
Issuances and deferrals. net for stock based compensation (1)	[1]	14.9		6.3				$ 8.8
Issuances and deferrals, net for stock based compensation (in shares)	[1]		200,000		(200,000)			(200,000)
Balance at the end of the period at Mar. 31, 2019		$ 2,524.7	$ 78.7	$ 390.1	$ 7.8	$ (115.9)	$ 3,407.5	$ (1,243.5)
Balance (in shares) at Mar. 31, 2019		56,802,175	56,800,000					21,600,000
[1]	Issuances and deferrals, net for stock based compensation reflects share activity related to option exercises, restricted and performance shares vested and net issuances and deferrals associated with deferred compensation equity.

Condensed Consolidated Statem_4

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Statement of Stockholders' Equity [Abstract]
Cash dividends (in dollars per share)	$ 0.40	$ 0.37

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements have been prepared by Carlisle Companies Incorporated (the "Company" or "Carlisle"). The accompanying unaudited Condensed Consolidated Financial Statements do not include all disclosures as required by accounting principles generally accepted in the United States of America ("United States" or "U.S."), and should be read in conjunction with the Company’s audited Consolidated Financial Statements and notes thereto included in the Annual Report on Form 10-K for the year ended December 31, 2018. The accompanying unaudited Condensed Consolidated Financial Statements are prepared in conformity with accounting principles generally accepted in the U.S. and, of necessity, include some amounts that are based upon management estimates and judgments. The accompanying unaudited Condensed Consolidated Financial Statements include assets, liabilities, revenues and expenses of all majority-owned subsidiaries. Intercompany transactions and balances are eliminated in consolidation. In the Company's opinion, the accompanying unaudited Condensed Consolidated Financial Statements contain all adjustments, consisting solely of adjustments of a normal, recurring nature, except as disclosed in Note 2 for new accounting standards adopted, necessary to present fairly the financial position, results of operations and cash flows for the periods presented.

New Accounting Pronouncements

New Accounting Pronouncements	3 Months Ended
	Mar. 31, 2019
New Accounting Pronouncements [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements New Accounting Standards Adopted In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) ("ASU 2016-02") which requires lessees to recognize a lease liability for the obligation to make lease payments, measured at the present value on a discounted basis, and a right-of-use ("ROU") asset for the right to use the underlying asset for the duration of the lease term, measured as the lease liability amount adjusted for lease prepayments, lease incentives received, and initial direct costs. The Company adopted ASU 2016-02 and all related amendments ("ASC 842") on January 1, 2019, using the alternative modified retrospective method, also known as the transition relief method, permitted under ASC 842, which did not require restatement of prior periods. In addition, the Company elected the package of practical expedients permitted under the transition guidance within the new standard, which among other things, allowed the Company to carry forward the historical lease classification. The Company also elected the hindsight practical expedient to determine the lease term for existing leases. The standard did not materially impact consolidated net income or cash flows. Following is a summary of the effects of adopting ASC 842 on the Consolidated Balance Sheet: March 31, 2019 (in millions) As Reported Balances Without Adoption of ASC 842 Effect of Change Higher/(Lower) Condensed Consolidated Balance Sheet Other current assets $ 53.7 $ 54.2 $ (0.5) Other long-term assets 97.7 28.1 69.6 Accrued liabilities and other 250.8 229.4 21.4 Other long-term liabilities 351.3 303.6 47.7

Segment Information

Segment Information	3 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Segment Information	Segment Information The Company has organized its operations into four primary segments, based on the products it sells, each of which represent a reportable segment as follows: Carlisle Construction Materials ("CCM") —the principal products of this segment are rubber (EPDM), thermoplastic polyolefin (TPO) and polyvinyl chloride (PVC) roofing membranes used predominantly on non-residential low-sloped roofs, related roofing accessories, including flashings, fasteners, sealing tapes and coatings and waterproofing products. CCM also manufactures and distributes energy-efficient rigid foam insulation panels for substantially all roofing applications, and metal panel roofing primarily for residential and commercial markets. The markets served primarily include new construction, re-roofing and maintenance of low-sloped roofs, water containment, HVAC sealants and coatings and waterproofing. In addition, CCM offers a broad range of specialty polyurethane products and solutions across a broad diversity of markets and applications. Carlisle Interconnect Technologies ("CIT") —the principal products of this segment are high-performance wire, cable, connectors, contacts and cable assemblies for the transfer of power and data primarily for the aerospace, medical, defense electronics, test and measurement equipment and select industrial markets. Carlisle Fluid Technologies ("CFT") —the principal products of this segment are industrial liquid and powder finishing equipment and integrated system solutions for spraying, pumping, mixing, metering and curing of a variety of coatings used in the general industrial, transportation, auto refinishing, protective coating, wood and specialty markets. Carlisle Brake & Friction ("CBF") —the principal products of this segment include high-performance brakes and friction material and clutch and transmission friction material for the construction, agriculture, mining, on-highway, aerospace and motor sports markets. A summary of segment information follows: Three Months Ended March 31, 2019 2018 (in millions) Revenues Operating Income (Loss) Revenues Operating Income (Loss) Carlisle Construction Materials $ 671.1 $ 92.9 $ 598.6 $ 75.8 Carlisle Interconnect Technologies 246.4 30.6 224.3 27.2 Carlisle Fluid Technologies 63.1 6.4 63.5 5.7 Carlisle Brake & Friction 91.3 6.5 98.3 4.5 Segment total 1,071.9 136.4 984.7 113.2 Corporate and unallocated 1 — (21.7) — (18.5) Total $ 1,071.9 $ 114.7 $ 984.7 $ 94.7 1. Corporate operating loss includes other unallocated costs, primarily general corporate expenses.

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2019
Business Combinations [Abstract]
Acquisitions	Acquisitions Petersen Aluminum Corporation On January 11, 2019, the Company acquired 100% of the equity of Petersen Aluminum Corporation ("Petersen"), for consideration of $207.2 million, including $5.2 million of cash acquired, and post-closing adjustments, which were finalized in the first quarter of 2019. Petersen is a manufacturer and distributor of market leading architectural metal roof panels, steel and aluminum flat sheets and coils, wall panels, perimeter roof edge systems and related accessories for commercial, residential, institutional, industrial and agricultural markets. Petersen contributed revenues of $35.5 million and an operating loss of less than $0.1 million for the period from January 11, 2019, to March 31, 2019. The results of operations of the acquired business are reported as part of the CCM segment. The following table summarizes the consideration transferred to acquire Petersen and the preliminary allocation of the purchase price among the assets acquired and liabilities assumed. The acquisition has been accounted for using the acquisition method of accounting in accordance with ASC 805, Business Combinations , which requires that consideration be allocated to the acquired assets and assumed liabilities based upon their acquisition date fair values with the remainder allocated to goodwill. The fair values are preliminary and subject to change pending receipt of the final valuation studies for all acquired intangible assets. Preliminary Allocation (in millions) As of 1/11/2019 Total cash consideration transferred $ 207.2 Recognized amounts of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 5.2 Receivables, net 11.5 Inventories, net 39.5 Prepaid expenses and other current assets 2.1 Property, plant and equipment 17.8 Definite-lived intangible assets 109.3 Other long-term assets 9.5 Accounts payable (5.9) Income tax payable 1.7 Accrued liabilities and other (8.7) Other long-term liabilities (12.4) Deferred income taxes (25.4) Total identifiable net assets 144.2 Goodwill $ 63.0 The preliminary goodwill recognized in the acquisition of Petersen reflects market participant synergies attributable to significant raw material purchase synergies with CCM, other administrative synergies and the assembled workforce to Carlisle, in addition to opportunities for product line expansions. The Company acquired $11.6 million of gross contractual accounts receivable, of which $0.1 million was not expected to be collected at the date of acquisition. All of the goodwill has been preliminarily assigned to the CCM reporting unit which aligns with the CCM reportable segment, and none of the goodwill is deductible for tax purposes. The $109.3 million preliminary value allocated to definite-lived intangible assets consists of $76.3 million of customer relationships with a useful life of 12 years, $29.9 million of trade names with a useful life of 10 years and various acquired technologies of $3.1 million with a useful life of 14 years. In accordance with the purchase agreement, Carlisle is indemnified for up to $5.2 million, and recorded an indemnification asset of $5.2 million in other long-term assets relating to the indemnification for pre-acquisition income tax liabilities. The Company has also recorded, as part of the purchase price allocation, deferred tax liabilities related to intangible assets of approximately $25.4 million.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued OperationsOn March 20, 2018, the Company completed the sale of Carlisle FoodService Products ("CFS") to the Jordan Company of New York, NY, for gross proceeds of $758.0 million, including a working capital adjustment, which was finalized in the third quarter of 2018. The sale of CFS is consistent with the Company's vision of operating a portfolio of businesses with highly engineered manufacturing products in strong growth markets. A summary of the results from discontinued operations included in the Condensed Consolidated Statements of Income for the three months ended March 31, follows: (in millions) 2018 Revenues $ 69.5 Cost of goods sold 49.5 Other operating expenses, net 14.8 Operating income 5.2 Other non-operating (income) expense, net — Income from discontinued operations before income taxes 5.2 Gain on sale of discontinued operations 293.8 Provision for income taxes 47.3 Income from discontinued operations $ 251.7 Income from discontinued operations of $2.0 million in the three months ended March 31, 2019, relates entirely to the settlement of prior income tax positions in the current year. A summary of cash flows from discontinued operations included in the Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2018 follows: (in millions) 2018 Net cash provided by operating activities $ 0.6 Net cash used in investing activities (8.1) Net cash provided by financing activities 1 8.8 Change in cash and cash equivalents from discontinued operations $ 1.3 1. Represents borrowings from the Carlisle cash pool to fund capital expenditures and acquisitions.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The Company’s restricted shares contain non-forfeitable rights to dividends and are considered participating securities for purposes of computing earnings per share pursuant to the two-class method. The computation below of earnings per share excludes the income attributable to the unvested restricted shares in the numerator and excludes the dilutive impact of those underlying shares in the denominator. The computation below of earnings per share includes the income attributable to the vested and deferred restricted shares and restricted stock units in the numerator and includes the dilutive impact of those underlying shares in the the denominator. Stock options are included in the calculation of diluted earnings per share utilizing the treasury stock method and performance share awards are included in the calculation of diluted earnings per share considering those are contingently issuable. Neither is considered to be a participating security as they do not contain non-forfeitable dividend rights. Income from continuing operations and share data used in the basic and diluted earnings per share computations using the two-class method follows: Three Months Ended (in millions, except share and per share amounts) 2019 2018 Income from continuing operations $ 77.4 $ 57.9 Less: dividends declared (23.3) (23.1) Undistributed earnings 54.1 34.8 Percent allocated to common shareholders 1 99.7 % 99.3 % 53.9 34.5 Add: dividends declared on common stock, restricted share units and vested and deferred restricted and performance shares 23.2 22.8 Income from continuing operations attributable to common shares $ 77.1 $ 57.3 Shares (in thousands): Basic weighted-average shares outstanding 57,547 61,684 Effect of dilutive securities: Performance awards 73 131 Stock options 250 349 Diluted weighted-average shares outstanding 57,870 62,164 Per share income from continuing operations attributable to common shares: Basic $ 1.34 $ 0.93 Diluted $ 1.33 $ 0.92 1. Basic weighted-average common shares outstanding (in thousands) 57,547 61,684 Basic weighted-average shares outstanding and unvested restricted shares expected to vest (in thousands) 57,735 62,117 Percent allocated to common shareholders 99.7 % 99.3 % To calculate earnings per share for income from discontinued operations and for net income, the denominator for both basic and diluted earnings per share is the same as used in the above table. Three Months Ended (in millions, except share amounts presented in thousands) 2019 2018 Income from discontinued operations attributable to common shareholders for basic and diluted earnings per share $ 2.0 $ 250.0 Net income attributable to common shareholders for basic and diluted earnings per share 79.1 307.3 Anti-dilutive stock options excluded from EPS calculation 1 340 564 1. Represents stock options excluded from the calculation of diluted earnings per share, as such options’ assumed proceeds upon exercise would result in the repurchase of more shares than the underlying award.

Revenue Recognition

Revenue Recognition	3 Months Ended
	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition The Company receives payment at the inception of the contract for separately priced extended service warranties, and revenue is deferred and recognized on a straight-line basis over the life of the contracts. Remaining performance obligations for extended service warranties represent the transaction price for the remaining stand-ready obligation to perform warranty services. A summary of estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied as of March 31, 2019, follows: (in millions) Remainder of 2019 2020 2021 2022 2023 2024 Thereafter Extended service warranties $ 15.8 $ 20.1 $ 19.1 $ 17.9 $ 16.7 $ 15.6 $ 120.1 The Company has applied the practical expedient to not disclose information about remaining performance obligations that have original expected durations of one year or less. Contract Balances Contract liabilities relate to payments received in advance of performance under a contract, primarily related to extended service warranties in the CCM segment and systems contracts in the CFT segment. Contract liabilities are recognized as revenue as (or when) the Company performs under the contract. A summary of the change in contract liabilities for the three months ended March 31, follows: (in millions) 2019 2018 Balance as of January 1 $ 227.4 $ 215.8 Revenue recognized (12.8) (14.9) Revenue deferred 15.6 18.2 Acquired liabilities — 0.1 Balance as of Balance as of March 31 $ 230.2 $ 219.2 Contract assets relate to the Company's right to payment for performance completed to date under a contract, primarily related to highly customized product contracts within the CIT segment. Accounts receivable are recorded when the right to payment becomes unconditional. A summary of the change in contract assets for the three months ended March 31, follows: (in millions) 2019 2018 Balance as of January 1 $ 44.7 $ — Adoption of ASC 606 — 22.8 Revenue recognized and unbilled 58.1 33.8 Revenue billed (44.7) (22.8) Balance as of March 31 $ 58.1 $ 33.8 Revenues by End-Market A summary of revenues disaggregated by major end-market industries and reconciliation of disaggregated revenue by segment follows: Three Months Ended March 31, 2019 (in millions) CCM CIT CFT CBF Total General construction $ 621.6 $ — $ — $ — $ 621.6 Aerospace — 173.8 — 4.6 178.4 Heavy equipment 27.2 — — 75.2 102.4 Transportation — — 32.3 9.2 41.5 Medical — 31.0 — — 31.0 General industrial and other 22.3 41.6 30.8 2.3 97.0 Total revenues $ 671.1 $ 246.4 $ 63.1 $ 91.3 $ 1,071.9 Three Months Ended March 31, 2018 (in millions) CCM CIT CFT CBF Total General construction $ 546.3 $ — $ — $ — $ 546.3 Aerospace — 154.8 — 6.3 161.1 Heavy equipment 26.2 — — 79.2 105.4 Transportation — — 33.2 9.8 43.0 Medical — 34.7 — — 34.7 General industrial and other 26.1 34.8 30.3 3.0 94.2 Total revenues $ 598.6 $ 224.3 $ 63.5 $ 98.3 $ 984.7 Revenues by Geographic Area A summary of revenues based on the country to which the product was delivered and reconciliation of disaggregated revenue by segment follows:

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Compensation Expense	Stock-Based Compensation Stock-based compensation cost by award type follows: (in millions) Three Months Ended 2019 2018 Stock option awards $ 3.1 $ 2.0 Restricted stock awards 2.0 1.9 Performance share awards 1.6 1.7 Restricted stock units 1.3 1.4 Stock appreciation rights 0.8 — Total stock-based compensation cost $ 8.8 $ 7.0 In 2018, the Board authorized a grant of stock options to U.S. employees and stock appreciation rights to employees outside of the U.S. This grant contributed $1.8 million to stock-based compensation cost for the three months ended March 31, 2019. As of March 31, 2019, c ompensation cost of $0.9 million was capitalized as inventory and will be recognized in costs of goods sold when that related inventory is sold.

Exit and Disposal Activities

Exit and Disposal Activities	3 Months Ended
	Mar. 31, 2019
Restructuring and Related Activities [Abstract]
Exit and Disposal Activities	Exit and Disposal Activities The Company has undertaken operational restructuring and other cost reduction actions to streamline processes and manage costs throughout various departments. These actions resulted in exit, disposal and employee termination benefit costs, primarily resulting from planned reductions in workforce, facility consolidations and relocations and lease termination costs. The primary actions are discussed below by operating segment. CIT During 2019, the Company announced plans to relocate its manufacturing operations in El Segundo, California, and Riverside, California, to the existing manufacturing operations in North America. During the three months ended March 31, 2019, exit and disposal costs totaled $3.5 million , primarily for employee termination benefit costs. The project is estimated to take 12 to 18 months to complete. Cumulative exit and disposal costs are expected to approximate $8.5 million and will be recognized primarily in 2019 . CFT During the first quarter of 2019, the Company initiated plans to reduce costs and streamline processes by eliminating certain positions within selling, general and administrative and manufacturing functions. The costs to complete this project totaled $2.0 million and was recognized during the three months ended March 31, 2019. CBF The Company is substantially complete with its project to exit its manufacturing operations in Tulsa, Oklahoma, and relocate the majority of those operations to its existing manufacturing facility in Medina, Ohio. During the three months ended March 31, 2019, exit and disposal costs totaled $0.7 million, primarily reflecting facility closure costs and employee termination benefits. Total associated exit and disposal costs are expected to approximate $20.9 million, with cumulative exit and disposal costs of $19.4 million recognized as of March 31, 2019. Remaining costs of approximately $1.5 million are expected to be incurred throughout the remainder of 2019. Consolidated Summary The Company's exit and disposal costs by activity follows: (in millions) Three Months Ended 2019 2018 Employee severance and benefit arrangements $ 5.7 $ 0.7 Lease termination cost 0.5 — Relocation costs 0.1 0.2 Accelerated depreciation — 0.8 Other restructuring costs 0.5 1.4 Total exit and disposal costs $ 6.8 $ 3.1 The Company's exit and disposal activities costs by segment follows: (in millions) Three Months Ended 2019 2018 Carlisle Interconnect Technologies $ 3.9 $ 1.1 Carlisle Fluid Technologies 2.0 — Carlisle Brake & Friction 0.7 2.0 Carlisle Construction Materials 0.2 — Total exit and disposal costs $ 6.8 $ 3.1 The Company's exit and disposal activities costs by financial statement line item follows: (in millions) Three Months Ended 2019 2018 Cost of goods sold $ 3.6 $ 2.3 Selling and administrative expenses 2.9 0.6 Other operating expense, net 0.2 0.2 Research and development expenses 0.1 — Total exit and disposal costs $ 6.8 $ 3.1 The Company's change in exit and disposal activities liability follows: (in millions) Total Balance as of December 31, 2018 $ 1.2 Charges 6.8 Cash payments (1.9) Balance as of March 31, 2019 $ 6.1 The liability of $6.1 million primarily relates to employee severance and benefit arrangements and is included in accrued liabilities and other.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The effective income tax rate on continuing operations for the three months ended March 31, 2019, was 23.6%, reflecting the anticipated full-year rate. The effective income tax rate on continuing operations for the three months ended March 31, 2018, was 26.1%. The year-to-date provision for income taxes included taxes on earnings at an anticipated full-year rate of approximately 24.7%, and a year-to-date discrete tax expense of $1.1 million.

Inventories, net

Inventories, net	3 Months Ended
	Mar. 31, 2019
Inventory Disclosure [Abstract]
Inventories, net	Inventories, net (in millions) March 31, December 31, Raw materials $ 217.4 $ 195.1 Work-in-process 69.5 59.5 Finished goods 263.7 236.5 Reserves (35.9) (33.6) Inventories, net $ 514.7 $ 457.5

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets, net	3 Months Ended
	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets, net	Goodwill and Other Intangible Assets, net The changes in the carrying amount of goodwill, net by segment follows: (in millions) CCM CIT CFT CBF 1 Total Balance as of December 31, 2018 $ 532.8 $ 643.1 $ 169.5 $ 96.4 $ 1,441.8 Goodwill acquired during year 2 63.0 — — — 63.0 Currency translation and other (0.5) 0.1 0.3 0.1 — Balance as of March 31, 2019 $ 595.3 $ 643.2 $ 169.8 $ 96.5 $ 1,504.8 1. CBF goodwill, net is presented net of accumulated impairment losses of $130.0 million recorded in 2016. No other segments have incurred impairment losses. 2. Refer to Note 4 for further information on goodwill resulting from recent acquisitions. A summary of the Company's other intangible assets, net follows: March 31, 2019 December 31, 2018 (in millions) Acquired Cost Accumulated Amortization Net Book Value Acquired Cost Accumulated Amortization Net Book Value Assets subject to amortization: Customer relationships $ 920.5 $ (304.4) $ 616.1 $ 843.8 $ (287.7) $ 556.1 Technology and intellectual property 273.7 (137.2) 136.5 268.8 (129.3) 139.5 Trade names and other 72.7 (18.8) 53.9 45.4 (16.4) 29.0 Assets not subject to amortization: Trade names 243.0 — 243.0 243.1 — 243.1 Other intangible assets, net $ 1,509.9 $ (460.4) $ 1,049.5 $ 1,401.1 $ (433.4) $ 967.7 The net book values of other intangible assets, net by reportable segment follows: (in millions) March 31, December 31, Carlisle Construction Materials $ 381.1 $ 285.3 Carlisle Interconnect Technologies 304.8 313.4 Carlisle Fluid Technologies 277.1 280.9 Carlisle Brake & Friction 85.0 86.6 Corporate 1.5 1.5 Total $ 1,049.5 $ 967.7

Leases

Leases	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Leases	Leases The Company determines if an arrangement is a lease at inception by evaluating if the asset is explicitly or implicitly identified or distinct, if the Company will receive substantially all of the economic benefit or if the lessor has an economic benefit and the ability to substitute the asset. Operating leases are included in other long-term assets, accrued liabilities and other, and other long-term liabilities. ROU assets represent the Company's right to use an underlying asset for the lease term and lease liabilities represent its obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of fixed and known lease payments over the lease term. Variable payments are not included in the ROU asset or lease liability and can vary from period to period based on our use of an asset during the period or our proportionate share of common costs. As most of the Company's leases do not provide an implicit rate, the Company uses its incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Leases with an initial term of 12 months or less are not recorded on the balance sheet, and lease expense for these leases is recognized on a straight-line basis over the lease term. The Company has lease agreements with lease components and non-lease components. The Company has elected to apply the practical expedient to account for these components as a single lease component, for all classes of underlying assets. Lease Costs, Assets and Liabilities The Company has operating leases primarily for manufacturing facilities, warehouses, offices and certain equipment. These leases have remaining lease terms of one one (in millions) 2019 Operating lease cost $ 6.4 Variable lease cost 1.5 Short-term lease cost 0.7 Total lease cost $ 8.6 A summary of lease assets and liabilities follows: (in millions) March 31, Assets: Operating lease right-of-use assets 1 $ 69.6 Liabilities: Operating lease liabilities - current 2 21.9 Operating lease liabilities - long-term 3 51.8 Total lease liabilities $ 73.7 1. Included in other long-term assets. 2. Included in accrued liabilities and other. 3. Included in other long-term liabilities. Maturity of lease liabilities as of March 31, 2019, follow: (in millions) Remainder of 2019 2020 2021 2022 2023 2024 Thereafter Total Lease payments $ 19.2 $ 18.5 $ 12.9 $ 9.3 $ 7.6 $ 5.3 $ 9.1 $ 81.9 Less: imputed interest (8.2) Total lease liabilities $ 73.7 As previously disclosed in our 2018 Annual Report on Form 10-K and under the previous lease accounting standard, future minimum lease payments for non-cancelable operating leases in future years would have been as follows: (in millions) 2019 2020 2021 2022 2023 Thereafter Future minimum lease payments $ 16.7 $ 10.8 $ 6.8 $ 4.9 $ 4.2 $ 5.1 Lease Term and Discount Rate March 31, Operating leases: Weighted-average remaining lease term (in years) 5.0 Weighted-average discount rate 3.9 % Supplemental Cash Flow Information Cash paid for amounts included in the measurement of operating lease liabilities totaled $5.8 million for the three months ended March 31, 2019. Operating lease right-of-use assets obtained in exchange for new operating lease liabilities totaled $70.1 million for the three months ended March 31, 2019.

Long-term Debt

Long-term Debt	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt (in millions) Fair Value 1 March 31, December 31, March 31, December 31, 3.75% Notes due 2027 $ 600.0 $ 600.0 $ 582.7 $ 579.4 3.5% Notes due 2024 400.0 400.0 397.5 386.4 3.75% Notes due 2022 350.0 350.0 353.3 345.5 5.125% Notes due 2020 250.0 250.0 255.9 255.0 Unamortized discount, debt issuance costs, and other (11.5) (12.2) Total long term-debt $ 1,588.5 $ 1,587.8 1. The fair value is estimated based on current yield rates plus the Company’s estimated credit spread available for financings with similar terms and maturities. Based on these inputs, the debt instruments are classified as Level 2 in the fair value hierarchy. Revolving Credit Facility During the three months ended March 31, 2019, there were no borrowings or repayments under the Facility. As of March 31, 2019, and December 31, 2018, the Facility had no outstanding balance and $1.0 billion available for use. Covenants and Limitations Under the Company’s debt and credit facilities, the Company is required to meet various restrictive covenants and limitations, including limitations on certain leverage ratios, interest coverage, and limits on outstanding debt balances held by certain subsidiaries. The Company was in compliance with all covenants and limitations as of March 31, 2019 and December 31, 2018. Letters of Credit and Guarantees During the normal course of business, the Company enters into commitments in the form of letters of credit and bank guarantees to provide financial and performance assurance to third parties. As of March 31, 2019 and December 31, 2018, the Company had $26.2 million and $26.0 million in letters of credit and bank guarantees outstanding, respectively. The Company has multiple arrangements to obtain letters of credit, which include an agreement with unspecified availability and separate agreements for up to $80.0 million in letters of credit, of which $56.1 million was available for use as of March 31, 2019.

Defined Benefit Plan

Defined Benefit Plan	9 Months Ended
	Sep. 30, 2018
Retirement Benefits [Abstract]
Defined Benefit Plan	Defined Benefit Plan The Company recognizes net periodic benefit cost based on the actuarial analysis performed at the previous year end, adjusted if certain significant events occur during the year. The components of net periodic benefit cost follows: Three Months Ended (in millions) 2019 2018 Service cost $ 0.7 $ 0.8 Interest cost 1.5 1.4 Expected return on plan assets (2.4) (2.6) Amortization of unrecognized loss 1 0.9 1.1 Net periodic benefit cost $ 0.7 $ 0.7 1. Includes amortization of unrecognized actuarial (gain) loss and prior service credits and excludes provision for income tax of $(0.2) million and $(0.3) million for the three months ended March 31, 2019, and 2018, respectively. The components of net periodic benefit cost, other than the service cost component, are included in other non-operating (income) expense, net.

Standard Product Warranties

Standard Product Warranties	3 Months Ended
	Mar. 31, 2019
Standard Product Warranty Disclosure [Abstract]
Standard Product Warranties	Standard Product Warranties The Company offers various standard warranty programs on its products, primarily for certain installed roofing systems, high-performance cables and assemblies, fluid technologies and braking products. The Company’s liability for such warranty programs is included in accrued expenses. The change in standard product warranty liabilities for the three months ended March 31, follows: (in millions) 2019 2018 Balance as of January 1 $ 31.9 $ 30.4 Current year provision 5.3 4.4 Current year claims (4.5) (3.7) Currency translation (0.1) 0.2 Balance as of March 31 $ 32.6 $ 31.3

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments Foreign Currency Forward Contracts The Company uses foreign currency forward contracts to hedge a portion of its foreign currency exchange rate exposure to forecasted foreign currency denominated cash flows. These instruments are not held for speculative or trading purposes. A summary of the Company's designated and non-designated cash flow hedges follows: March 31, 2019 December 31, 2018 (in millions) Fair Value 1 Notional Value Fair Value 1 Notional Value Designated hedges $ 1.7 $ 74.6 $ 0.2 $ 95.0 Non-designated hedges (0.2) 60.3 0.1 49.9 1. The fair value of foreign currency forward contracts is included in other current assets. The fair value was estimated using observable market inputs such as forward and spot prices of the underlying exchange rate pair. Based on these inputs, derivative assets and liabilities are classified as Level 2 in the fair value hierarchy. For instruments that are designated and qualify as cash flow hedges, the Company had foreign currency forward contracts with maturities less than one year. The changes in the fair value of the contracts are recorded in accumulated other comprehensive income (loss) and recognized in the same line item as the impact of the hedged item, revenues or cost of sales, when the underlying forecasted transaction impacts earnings. Gains and losses on the contracts representing hedge components excluded from the assessment of hedged effectiveness are recognized in the same line item as the hedged item, revenues or cost of sales, currently. The change in accumulated other comprehensive income (loss) related to cash flow hedges for the three months ended March 31, follows: (in millions) 2019 2018 Balance as of January 1 $ (3.2) $ (4.0) Other comprehensive income before reclassifications 1.9 0.3 Amounts reclassified from accumulated other comprehensive loss (0.3) (0.1) Other comprehensive income 1.6 0.2 Balance as of March 31 $ (1.6) $ (3.8) For instruments that are not designated as a cash flow hedge, the Company had foreign exchange contracts with maturities less than one year. The unrealized gains and losses resulting from these contracts were immaterial and are recognized in other non-operating (income) expense, net and partially offset corresponding foreign exchange gains and losses on these balances. Deferred Compensation Rabbi Trust The Company has established a Rabbi Trust to provide for a degree of financial security to cover its obligations associated with its deferred compensation plan. Contributions to the Rabbi Trust by the Company are made at the discretion of management and generally are made in cash and invested in money-market funds. The Company consolidates the Rabbi Trust and therefore includes the investments in its Condensed Consolidated Balance Sheets. As of March 31, 2019 and December 31, 2018, the Company had $11.4 million and $10.7 million of cash, respectively, and $5.5 million and $4.3 million of short-term investments, respectively. The short-term investments are measured at fair value using quoted market prices in active markets (i.e., Level 1 measurements) with changes in fair value recorded in net income and the associated cash flows presented as operating cash flows. Other Financial Instruments Other financial instruments include cash and cash equivalents, accounts receivable, net, accounts payable, accrued liabilities and other, and long-term debt. The carrying value for cash and cash equivalents, accounts receivable, net, accounts payable and accrued liabilities and other approximates fair value because of their short-term nature and generally negligible credit losses (refer to Note 14 for the fair value of long-term debt).

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Litigation Over the years, the Company has been named as a defendant, along with numerous other defendants, in lawsuits in various state courts in which plaintiffs have alleged injury due to exposure to asbestos-containing brakes, which Carlisle manufactured in limited amounts between the late-1940s and the mid-1980s. In addition to compensatory awards, these lawsuits may also seek punitive damages. Generally, the Company has obtained dismissals or settlements of its asbestos-related lawsuits with no material effect on its financial condition, results of operations, or cash flows. The Company maintains insurance coverage that applies to the Company’s defense costs and payments of settlements or judgments in connection with asbestos-related lawsuits. At this time, the amount of reasonably possible asbestos claims, if any, is not material to the Company's financial position, results of operations, or operating cash flows, although these matters could result in the Company being subject to monetary damages, costs or expenses, and charges against earnings in particular periods. The Company may occasionally be involved in various other legal actions arising in the normal course of business. In the opinion of management, the ultimate outcome of such actions, either individually or in the aggregate, are not expected to have a material adverse effect on the consolidated financial position or annual operating cash flows of the Company. Environmental Matters The Company is subject to increasingly stringent environmental laws and regulations, including those relating to air emissions, wastewater discharges, chemical and hazardous waste management, and disposal. Some of these environmental laws hold owners or operators of land or businesses liable for their own and for previous owners’ or operators’ releases of hazardous or toxic substances or wastes. Other environmental laws and regulations require the obtainment of, and compliance with, environmental permits. To date, costs of complying with environmental, health, and safety requirements have not been material, and the Company did not have any significant accruals

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsOn April 1, 2019, the Company acquired MicroConnex Corporation ("MicroConnex") for approximately $46.0 million in cash, subject to post-closing adjustments. MicroConnex is a manufacturer of highly engineered microminiature flex circuits and sensors for the medical and test and measurement markets. The initial accounting for the business combination is incomplete as a result of the timing of the acquisition. The results of operations of the acquired business will be reported within the CIT segment beginning in the second quarter of 2019.

New Accounting Pronouncements (

New Accounting Pronouncements (Tables)	3 Months Ended
	Mar. 31, 2019
New Accounting Pronouncements [Abstract]
Summary of the Effects of Adopting ASU 2016-02	March 31, 2019 (in millions) As Reported Balances Without Adoption of ASC 842 Effect of Change Higher/(Lower) Condensed Consolidated Balance Sheet Other current assets $ 53.7 $ 54.2 $ (0.5) Other long-term assets 97.7 28.1 69.6 Accrued liabilities and other 250.8 229.4 21.4 Other long-term liabilities 351.3 303.6 47.7

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Mar. 31, 2019
Segment Reporting [Abstract]
Summary of net sales and earnings before interest and taxes ("EBIT")	A summary of segment information follows: Three Months Ended March 31, 2019 2018 (in millions) Revenues Operating Income (Loss) Revenues Operating Income (Loss) Carlisle Construction Materials $ 671.1 $ 92.9 $ 598.6 $ 75.8 Carlisle Interconnect Technologies 246.4 30.6 224.3 27.2 Carlisle Fluid Technologies 63.1 6.4 63.5 5.7 Carlisle Brake & Friction 91.3 6.5 98.3 4.5 Segment total 1,071.9 136.4 984.7 113.2 Corporate and unallocated 1 — (21.7) — (18.5) Total $ 1,071.9 $ 114.7 $ 984.7 $ 94.7 1. Corporate operating loss includes other unallocated costs, primarily general corporate expenses.

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2019
Petersen Aluminum Corporation
Acquisitions
Summary of consideration transferred and the allocation of the consideration to acquired assets and assumed liabilities	The following table summarizes the consideration transferred to acquire Petersen and the preliminary allocation of the purchase price among the assets acquired and liabilities assumed. The acquisition has been accounted for using the acquisition method of accounting in accordance with ASC 805, Business Combinations , which requires that consideration be allocated to the acquired assets and assumed liabilities based upon their acquisition date fair values with the remainder allocated to goodwill. The fair values are preliminary and subject to change pending receipt of the final valuation studies for all acquired intangible assets. Preliminary Allocation (in millions) As of 1/11/2019 Total cash consideration transferred $ 207.2 Recognized amounts of identifiable assets acquired and liabilities assumed: Cash and cash equivalents 5.2 Receivables, net 11.5 Inventories, net 39.5 Prepaid expenses and other current assets 2.1 Property, plant and equipment 17.8 Definite-lived intangible assets 109.3 Other long-term assets 9.5 Accounts payable (5.9) Income tax payable 1.7 Accrued liabilities and other (8.7) Other long-term liabilities (12.4) Deferred income taxes (25.4) Total identifiable net assets 144.2 Goodwill $ 63.0

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2019
Discontinued Operations and Disposal Groups [Abstract]
Activity of Discontinued Operations	A summary of the results from discontinued operations included in the Condensed Consolidated Statements of Income for the three months ended March 31, follows: (in millions) 2018 Revenues $ 69.5 Cost of goods sold 49.5 Other operating expenses, net 14.8 Operating income 5.2 Other non-operating (income) expense, net — Income from discontinued operations before income taxes 5.2 Gain on sale of discontinued operations 293.8 Provision for income taxes 47.3 Income from discontinued operations $ 251.7 Income from discontinued operations of $2.0 million in the three months ended March 31, 2019, relates entirely to the settlement of prior income tax positions in the current year. A summary of cash flows from discontinued operations included in the Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2018 follows: (in millions) 2018 Net cash provided by operating activities $ 0.6 Net cash used in investing activities (8.1) Net cash provided by financing activities 1 8.8 Change in cash and cash equivalents from discontinued operations $ 1.3 1. Represents borrowings from the Carlisle cash pool to fund capital expenditures and acquisitions.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2019
Earnings Per Share [Abstract]
Component of income from continuing operations and share data used in basic and diluted earnings per share	Income from continuing operations and share data used in the basic and diluted earnings per share computations using the two-class method follows: Three Months Ended (in millions, except share and per share amounts) 2019 2018 Income from continuing operations $ 77.4 $ 57.9 Less: dividends declared (23.3) (23.1) Undistributed earnings 54.1 34.8 Percent allocated to common shareholders 1 99.7 % 99.3 % 53.9 34.5 Add: dividends declared on common stock, restricted share units and vested and deferred restricted and performance shares 23.2 22.8 Income from continuing operations attributable to common shares $ 77.1 $ 57.3 Shares (in thousands): Basic weighted-average shares outstanding 57,547 61,684 Effect of dilutive securities: Performance awards 73 131 Stock options 250 349 Diluted weighted-average shares outstanding 57,870 62,164 Per share income from continuing operations attributable to common shares: Basic $ 1.34 $ 0.93 Diluted $ 1.33 $ 0.92 1. Basic weighted-average common shares outstanding (in thousands) 57,547 61,684 Basic weighted-average shares outstanding and unvested restricted shares expected to vest (in thousands) 57,735 62,117 Percent allocated to common shareholders 99.7 % 99.3 %
Component of income (loss) from discontinued operations and share data used in basic and diluted earnings per share	Three Months Ended (in millions, except share amounts presented in thousands) 2019 2018 Income from discontinued operations attributable to common shareholders for basic and diluted earnings per share $ 2.0 $ 250.0 Net income attributable to common shareholders for basic and diluted earnings per share 79.1 307.3 Anti-dilutive stock options excluded from EPS calculation 1 340 564 1. Represents stock options excluded from the calculation of diluted earnings per share, as such options’ assumed proceeds upon exercise would result in the repurchase of more shares than the underlying award.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2019
Revenue from Contract with Customer [Abstract]
Summary of the Timing of Revenue Recognition	A summary of estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied or partially unsatisfied as of March 31, 2019, follows: (in millions) Remainder of 2019 2020 2021 2022 2023 2024 Thereafter Extended service warranties $ 15.8 $ 20.1 $ 19.1 $ 17.9 $ 16.7 $ 15.6 $ 120.1
Change in Contract Liabilities	A summary of the change in contract liabilities for the three months ended March 31, follows: (in millions) 2019 2018 Balance as of January 1 $ 227.4 $ 215.8 Revenue recognized (12.8) (14.9) Revenue deferred 15.6 18.2 Acquired liabilities — 0.1 Balance as of Balance as of March 31 $ 230.2 $ 219.2
Schedule of Change in Contract Assets	A summary of the change in contract assets for the three months ended March 31, follows: (in millions) 2019 2018 Balance as of January 1 $ 44.7 $ — Adoption of ASC 606 — 22.8 Revenue recognized and unbilled 58.1 33.8 Revenue billed (44.7) (22.8) Balance as of March 31 $ 58.1 $ 33.8
Reconciliation of Disaggregated Revenue	A summary of revenues disaggregated by major end-market industries and reconciliation of disaggregated revenue by segment follows: Three Months Ended March 31, 2019 (in millions) CCM CIT CFT CBF Total General construction $ 621.6 $ — $ — $ — $ 621.6 Aerospace — 173.8 — 4.6 178.4 Heavy equipment 27.2 — — 75.2 102.4 Transportation — — 32.3 9.2 41.5 Medical — 31.0 — — 31.0 General industrial and other 22.3 41.6 30.8 2.3 97.0 Total revenues $ 671.1 $ 246.4 $ 63.1 $ 91.3 $ 1,071.9 Three Months Ended March 31, 2018 (in millions) CCM CIT CFT CBF Total General construction $ 546.3 $ — $ — $ — $ 546.3 Aerospace — 154.8 — 6.3 161.1 Heavy equipment 26.2 — — 79.2 105.4 Transportation — — 33.2 9.8 43.0 Medical — 34.7 — — 34.7 General industrial and other 26.1 34.8 30.3 3.0 94.2 Total revenues $ 598.6 $ 224.3 $ 63.5 $ 98.3 $ 984.7 Revenues by Geographic Area A summary of revenues based on the country to which the product was delivered and reconciliation of disaggregated revenue by segment follows: Three Months Ended March 31, 2019 (in millions) CCM CIT CFT CBF Total United States $ 591.2 $ 182.1 $ 28.0 $ 32.5 $ 833.8 International: Europe 52.1 18.4 13.1 30.5 114.1 Asia 4.1 23.8 19.0 20.4 67.3 Canada 17.5 1.1 1.6 0.5 20.7 Mexico 0.4 12.4 0.5 3.3 16.6 Middle East and Africa 3.4 7.3 0.6 0.4 11.7 Other 2.4 1.3 0.3 3.7 7.7 Total international 79.9 64.3 35.1 58.8 238.1 Total revenues $ 671.1 $ 246.4 $ 63.1 $ 91.3 $ 1,071.9 Three Months Ended March 31, 2018 (in millions) CCM CIT CFT CBF Total United States $ 529.0 $ 155.6 $ 25.6 $ 41.5 $ 751.7 International: Europe 39.4 22.3 13.3 30.3 105.3 Asia 5.2 22.9 19.8 18.9 66.8 Canada 18.4 1.1 1.6 0.7 21.8 Mexico 0.9 12.0 2.1 3.6 18.6 Middle East and Africa 3.1 7.6 0.6 0.2 11.5 Other 2.6 2.8 0.5 3.1 9.0 Total international 69.6 68.7 37.9 56.8 233.0 Total revenues $ 598.6 $ 224.3 $ 63.5 $ 98.3 $ 984.7

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Compensation Expense	Stock-based compensation cost by award type follows: (in millions) Three Months Ended 2019 2018 Stock option awards $ 3.1 $ 2.0 Restricted stock awards 2.0 1.9 Performance share awards 1.6 1.7 Restricted stock units 1.3 1.4 Stock appreciation rights 0.8 — Total stock-based compensation cost $ 8.8 $ 7.0

Exit and Disposal Activities (T

Exit and Disposal Activities (Tables)	3 Months Ended
	Mar. 31, 2019
Restructuring and Related Activities [Abstract]
Summary of Exit and Disposal Activities	The Company's exit and disposal costs by activity follows: (in millions) Three Months Ended 2019 2018 Employee severance and benefit arrangements $ 5.7 $ 0.7 Lease termination cost 0.5 — Relocation costs 0.1 0.2 Accelerated depreciation — 0.8 Other restructuring costs 0.5 1.4 Total exit and disposal costs $ 6.8 $ 3.1 The Company's exit and disposal activities costs by segment follows: (in millions) Three Months Ended 2019 2018 Carlisle Interconnect Technologies $ 3.9 $ 1.1 Carlisle Fluid Technologies 2.0 — Carlisle Brake & Friction 0.7 2.0 Carlisle Construction Materials 0.2 — Total exit and disposal costs $ 6.8 $ 3.1 The Company's exit and disposal activities costs by financial statement line item follows: (in millions) Three Months Ended 2019 2018 Cost of goods sold $ 3.6 $ 2.3 Selling and administrative expenses 2.9 0.6 Other operating expense, net 0.2 0.2 Research and development expenses 0.1 — Total exit and disposal costs $ 6.8 $ 3.1 The Company's change in exit and disposal activities liability follows: (in millions) Total Balance as of December 31, 2018 $ 1.2 Charges 6.8 Cash payments (1.9) Balance as of March 31, 2019 $ 6.1

Inventories, net (Tables)

Inventories, net (Tables)	3 Months Ended
	Mar. 31, 2019
Inventory Disclosure [Abstract]
Components of Inventories	(in millions) March 31, December 31, Raw materials $ 217.4 $ 195.1 Work-in-process 69.5 59.5 Finished goods 263.7 236.5 Reserves (35.9) (33.6) Inventories, net $ 514.7 $ 457.5

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets, net (Tables)	3 Months Ended
	Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of changes in the carrying amount of goodwill	The changes in the carrying amount of goodwill, net by segment follows: (in millions) CCM CIT CFT CBF 1 Total Balance as of December 31, 2018 $ 532.8 $ 643.1 $ 169.5 $ 96.4 $ 1,441.8 Goodwill acquired during year 2 63.0 — — — 63.0 Currency translation and other (0.5) 0.1 0.3 0.1 — Balance as of March 31, 2019 $ 595.3 $ 643.2 $ 169.8 $ 96.5 $ 1,504.8 1. CBF goodwill, net is presented net of accumulated impairment losses of $130.0 million recorded in 2016. No other segments have incurred impairment losses. 2. Refer to Note 4 for further information on goodwill resulting from recent acquisitions.
Summary of other intangible assets, net	A summary of the Company's other intangible assets, net follows: March 31, 2019 December 31, 2018 (in millions) Acquired Cost Accumulated Amortization Net Book Value Acquired Cost Accumulated Amortization Net Book Value Assets subject to amortization: Customer relationships $ 920.5 $ (304.4) $ 616.1 $ 843.8 $ (287.7) $ 556.1 Technology and intellectual property 273.7 (137.2) 136.5 268.8 (129.3) 139.5 Trade names and other 72.7 (18.8) 53.9 45.4 (16.4) 29.0 Assets not subject to amortization: Trade names 243.0 — 243.0 243.1 — 243.1 Other intangible assets, net $ 1,509.9 $ (460.4) $ 1,049.5 $ 1,401.1 $ (433.4) $ 967.7
Summary of the net book values of other intangible assets, net by reportable segment	The net book values of other intangible assets, net by reportable segment follows: (in millions) March 31, December 31, Carlisle Construction Materials $ 381.1 $ 285.3 Carlisle Interconnect Technologies 304.8 313.4 Carlisle Fluid Technologies 277.1 280.9 Carlisle Brake & Friction 85.0 86.6 Corporate 1.5 1.5 Total $ 1,049.5 $ 967.7

Leases (Tables)

Leases (Tables)	3 Months Ended
	Mar. 31, 2019
Leases [Abstract]
Lease Cost	The components of lease cost for the three months ended March 31, follow: (in millions) 2019 Operating lease cost $ 6.4 Variable lease cost 1.5 Short-term lease cost 0.7 Total lease cost $ 8.6
Summary of Lease Assets and Liabilities	A summary of lease assets and liabilities follows: (in millions) March 31, Assets: Operating lease right-of-use assets 1 $ 69.6 Liabilities: Operating lease liabilities - current 2 21.9 Operating lease liabilities - long-term 3 51.8 Total lease liabilities $ 73.7 1. Included in other long-term assets. 2. Included in accrued liabilities and other. 3. Included in other long-term liabilities.
Maturity of Lease Liabilities	Maturity of lease liabilities as of March 31, 2019, follow: (in millions) Remainder of 2019 2020 2021 2022 2023 2024 Thereafter Total Lease payments $ 19.2 $ 18.5 $ 12.9 $ 9.3 $ 7.6 $ 5.3 $ 9.1 $ 81.9 Less: imputed interest (8.2) Total lease liabilities $ 73.7 As previously disclosed in our 2018 Annual Report on Form 10-K and under the previous lease accounting standard, future minimum lease payments for non-cancelable operating leases in future years would have been as follows: (in millions) 2019 2020 2021 2022 2023 Thereafter Future minimum lease payments $ 16.7 $ 10.8 $ 6.8 $ 4.9 $ 4.2 $ 5.1
Lease Term and Discount Rate	Lease Term and Discount Rate March 31, Operating leases: Weighted-average remaining lease term (in years) 5.0 Weighted-average discount rate 3.9 %

Long-term Debt (Tables)

Long-term Debt (Tables)	3 Months Ended
	Mar. 31, 2019
Debt Disclosure [Abstract]
Schedule of Long-term Debt	(in millions) Fair Value 1 March 31, December 31, March 31, December 31, 3.75% Notes due 2027 $ 600.0 $ 600.0 $ 582.7 $ 579.4 3.5% Notes due 2024 400.0 400.0 397.5 386.4 3.75% Notes due 2022 350.0 350.0 353.3 345.5 5.125% Notes due 2020 250.0 250.0 255.9 255.0 Unamortized discount, debt issuance costs, and other (11.5) (12.2) Total long term-debt $ 1,588.5 $ 1,587.8 1. The fair value is estimated based on current yield rates plus the Company’s estimated credit spread available for financings with similar terms and maturities. Based on these inputs, the debt instruments are classified as Level 2 in the fair value hierarchy.

Defined Benefit Plan (Tables)

Defined Benefit Plan (Tables)	3 Months Ended
	Mar. 31, 2019
Retirement Benefits [Abstract]
Components of net periodic benefit cost	The components of net periodic benefit cost follows: Three Months Ended (in millions) 2019 2018 Service cost $ 0.7 $ 0.8 Interest cost 1.5 1.4 Expected return on plan assets (2.4) (2.6) Amortization of unrecognized loss 1 0.9 1.1 Net periodic benefit cost $ 0.7 $ 0.7 1. Includes amortization of unrecognized actuarial (gain) loss and prior service credits and excludes provision for income tax of $(0.2) million and $(0.3) million for the three months ended March 31, 2019, and 2018, respectively.

Standard Product Warranties (Ta

Standard Product Warranties (Tables)	3 Months Ended
	Mar. 31, 2019
Standard Product Warranty Disclosure [Abstract]
Change in Standard Product Warranty Liabilities	The change in standard product warranty liabilities for the three months ended March 31, follows: (in millions) 2019 2018 Balance as of January 1 $ 31.9 $ 30.4 Current year provision 5.3 4.4 Current year claims (4.5) (3.7) Currency translation (0.1) 0.2 Balance as of March 31 $ 32.6 $ 31.3

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Summary of Designated and Non-designated Cash Flow Hedges	A summary of the Company's designated and non-designated cash flow hedges follows: March 31, 2019 December 31, 2018 (in millions) Fair Value 1 Notional Value Fair Value 1 Notional Value Designated hedges $ 1.7 $ 74.6 $ 0.2 $ 95.0 Non-designated hedges (0.2) 60.3 0.1 49.9 1. The fair value of foreign currency forward contracts is included in other current assets. The fair value was estimated using observable market inputs such as forward and spot prices of the underlying exchange rate pair. Based on these inputs, derivative assets and liabilities are classified as Level 2 in the fair value hierarchy.
Change in Accumulated Other Comprehensive Income Related to Cash Flow Hedges	The change in accumulated other comprehensive income (loss) related to cash flow hedges for the three months ended March 31, follows: (in millions) 2019 2018 Balance as of January 1 $ (3.2) $ (4.0) Other comprehensive income before reclassifications 1.9 0.3 Amounts reclassified from accumulated other comprehensive loss (0.3) (0.1) Other comprehensive income 1.6 0.2 Balance as of March 31 $ (1.6) $ (3.8)

New Accounting Pronouncements -

New Accounting Pronouncements - Effects of Adopting ASU 2016-02 (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Condensed Consolidated Balance Sheet
Other current assets	$ 53.7	$ 75.3
Other long-term assets	97.7	22.9
Accrued liabilities and other	250.8	258
Other long-term liabilities	351.3	$ 266.5
Balances Without Adoption of ASU 2016-02
Condensed Consolidated Balance Sheet
Other current assets	54.2
Other long-term assets	28.1
Accrued liabilities and other	229.4
Other long-term liabilities	303.6
Effect of Change Higher (Lower)
Condensed Consolidated Balance Sheet
Other current assets	(0.5)
Other long-term assets	69.6
Accrued liabilities and other	21.4
Other long-term liabilities	$ 47.7

Segment Information (Details)

Segment Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)segment	Mar. 31, 2018USD ($)
Net Sales, EBIT, Assets continuing operations by reportable segment
Number of reportable segments | segment	4
Revenues	$ 1,071.9	$ 984.7
Operating Income (Loss)	114.7	94.7
Corporate
Net Sales, EBIT, Assets continuing operations by reportable segment
Revenues	0	0
Operating Income (Loss)	(21.7)	(18.5)
Carlisle Construction Materials
Net Sales, EBIT, Assets continuing operations by reportable segment
Revenues	671.1	598.6
Operating Income (Loss)	92.9	75.8
Carlisle Interconnect Technologies
Net Sales, EBIT, Assets continuing operations by reportable segment
Revenues	246.4	224.3
Operating Income (Loss)	30.6	27.2
Carlisle Fluid Technologies
Net Sales, EBIT, Assets continuing operations by reportable segment
Revenues	63.1	63.5
Operating Income (Loss)	6.4	5.7
Carlisle Brake & Friction
Net Sales, EBIT, Assets continuing operations by reportable segment
Revenues	91.3	98.3
Operating Income (Loss)	6.5	4.5
Segment total
Net Sales, EBIT, Assets continuing operations by reportable segment
Revenues	1,071.9	984.7
Operating Income (Loss)	$ 136.4	$ 113.2

Acquisitions (Details)

Acquisitions (Details) - USD ($) $ in Millions	Jan. 11, 2019	Mar. 31, 2019	Dec. 31, 2018
Recognized amounts of identifiable assets acquired and liabilities assumed:
Goodwill		$ 1,504.8	$ 1,441.8
Other Long-term Assets
Recognized amounts of identifiable assets acquired and liabilities assumed:
Indemnification asset	$ 5.2
Petersen Aluminum Corporation
Acquisitions
Percentage of ownership interest acquired	100.00%
Total cash consideration transferred	$ 207.2
Recognized amounts of identifiable assets acquired and liabilities assumed:
Cash and cash equivalents	5.2
Receivables, net	11.5
Inventories, net	39.5
Prepaid expenses and other current assets	2.1
Property, plant and equipment	17.8
Definite-lived intangible assets	109.3
Other long-term assets	9.5
Accounts payable	5.9
Income tax payable	(1.7)
Accrued liabilities and other	(8.7)
Other long-term liabilities	(12.4)
Deferred income taxes	(25.4)
Total identifiable net assets	144.2
Goodwill	63
Gross contractual accounts receivable acquired	11.6
Receivables not expected to be collected	0.1
Goodwill deductible for tax purposes	0
Indemnification asset	5.2
Petersen Aluminum Corporation | Acquired Technology
Recognized amounts of identifiable assets acquired and liabilities assumed:
Finite-lived intangible assets acquired	$ 3.1
Useful life of finite lived intangible assets	14 years
Petersen Aluminum Corporation | Customer relationships
Recognized amounts of identifiable assets acquired and liabilities assumed:
Finite-lived intangible assets acquired	$ 76.3
Useful life of finite lived intangible assets	12 years
Petersen Aluminum Corporation | Trade names
Recognized amounts of identifiable assets acquired and liabilities assumed:
Finite-lived intangible assets acquired	$ 29.9
Useful life of finite lived intangible assets	10 years
Carlisle Construction Materials
Recognized amounts of identifiable assets acquired and liabilities assumed:
Goodwill		595.3	$ 532.8
Carlisle Construction Materials | Petersen Aluminum Corporation
Acquisitions
Contribution to net sales since acquisition		35.5
Contribution to operating income since acquisition		$ (0.1)

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Millions	Mar. 20, 2018	Mar. 31, 2019	Mar. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of discontinued operation		$ 0	$ 754.6
Carlisle Food Service Products
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of discontinued operation	$ 758

Discontinued Operations - Resul

Discontinued Operations - Results from Discontinued Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Provision for income taxes	$ (2)	$ 47.3
Income from discontinued operations	$ 2	251.7
Carlisle Food Service Products
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues		69.5
Cost of goods sold		49.5
Other operating expenses, net		14.8
Operating income		5.2
Other non-operating (income) expense, net		0
Income from discontinued operations before income taxes		5.2
Gain on sale of discontinued operations		293.8
Provision for income taxes		47.3
Income from discontinued operations		$ 251.7

Discontinued Operations - Summa

Discontinued Operations - Summary of Cash Flows from Discontinued Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Change in cash and cash equivalents from discontinued operations	$ 0	$ 1.3
Carlisle Food Service Products
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net cash provided by operating activities		0.6
Net cash used in investing activities		(8.1)
Net cash provided by financing activities (1)		8.8
Change in cash and cash equivalents from discontinued operations		$ 1.3

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Numerator:
Net income	$ 77.4	$ 57.9
Less: dividends declared	(23.3)	(23.1)
Undistributed earnings	$ 54.1	$ 34.8
Percent allocated to common shareholders	99.70%	99.30%
Undistributed earnings available to common shareholders	$ 53.9	$ 34.5
Add: dividends declared on common stock, restricted share units and vested and deferred restricted and performance shares	23.2	22.8
Income from continuing operations attributable to common shares	$ 77.1	$ 57.3
Denominator (in thousands):
Denominator for basic EPS: weighted-average common shares outstanding	57,547,000	61,684,000
Effect of dilutive securities:
Performance awards (in shares)	73,000	131,000
Stock options (in shares)	250,000	349,000
Denominator for diluted EPS: adjusted weighted-average common shares outstanding and assumed conversion	57,870,000	62,164,000
Per share income from continuing operations attributable to common shares:
Basic (in dollars per share)	$ 1.34	$ 0.93
Diluted (in dollars per share)	$ 1.33	$ 0.92
Basic weighted-average common shares outstanding	57,547,000	61,684,000
Basic weighted-average common shares outstanding, unvested restricted shares expected to vest and restricted share units	57,735,000	62,117,000
Percent allocated to common shareholders	99.70%	99.30%
Income (loss) from discontinued operations and net income
Income from discontinued operations attributable to common shareholders for basic and diluted earnings per share	$ 2	$ 250
Net income attributable to common shareholders for basic and diluted earnings per share	$ 79.1	$ 307.3
Antidilutive stock options excluded from EPS calculation (in shares)	340,000	564,000

Revenue Recognition - Remaining

Revenue Recognition - Remaining Performance Obligation (Details) - Extended service warranties $ in Millions	Mar. 31, 2019USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total revenues	$ 15.8
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total revenues	20.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total revenues	19.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total revenues	17.9
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total revenues	16.7
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total revenues	15.6
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Total revenues	$ 120.1

Revenue Recognition - Timing of

Revenue Recognition - Timing of Revenue Recognition and Reconciliation of Disaggregate Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Disaggregation of Revenue [Line Items]
Revenues	$ 1,071.9	$ 984.7
United States
Disaggregation of Revenue [Line Items]
Revenues	833.8	751.7
Total international
Disaggregation of Revenue [Line Items]
Revenues	238.1	233
Europe
Disaggregation of Revenue [Line Items]
Revenues	114.1	105.3
Asia
Disaggregation of Revenue [Line Items]
Revenues	67.3	66.8
Canada
Disaggregation of Revenue [Line Items]
Revenues	20.7	21.8
Mexico
Disaggregation of Revenue [Line Items]
Revenues	16.6	18.6
Middle East and Africa
Disaggregation of Revenue [Line Items]
Revenues	11.7	11.5
Other
Disaggregation of Revenue [Line Items]
Revenues	7.7	9
General Construction
Disaggregation of Revenue [Line Items]
Revenues	621.6	546.3
Aerospace
Disaggregation of Revenue [Line Items]
Revenues	178.4	161.1
Heavy Equipment
Disaggregation of Revenue [Line Items]
Revenues	102.4	105.4
Transportation
Disaggregation of Revenue [Line Items]
Revenues	41.5	43
Medical
Disaggregation of Revenue [Line Items]
Revenues	31	34.7
General Industrial and Other
Disaggregation of Revenue [Line Items]
Revenues	97	94.2
Carlisle Construction Materials
Disaggregation of Revenue [Line Items]
Revenues	671.1	598.6
Carlisle Construction Materials | United States
Disaggregation of Revenue [Line Items]
Revenues	591.2	529
Carlisle Construction Materials | Total international
Disaggregation of Revenue [Line Items]
Revenues	79.9	69.6
Carlisle Construction Materials | Europe
Disaggregation of Revenue [Line Items]
Revenues	52.1	39.4
Carlisle Construction Materials | Asia
Disaggregation of Revenue [Line Items]
Revenues	4.1	5.2
Carlisle Construction Materials | Canada
Disaggregation of Revenue [Line Items]
Revenues	17.5	18.4
Carlisle Construction Materials | Mexico
Disaggregation of Revenue [Line Items]
Revenues	0.4	0.9
Carlisle Construction Materials | Middle East and Africa
Disaggregation of Revenue [Line Items]
Revenues	3.4	3.1
Carlisle Construction Materials | Other
Disaggregation of Revenue [Line Items]
Revenues	2.4	2.6
Carlisle Construction Materials | General Construction
Disaggregation of Revenue [Line Items]
Revenues	621.6	546.3
Carlisle Construction Materials | Aerospace
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Construction Materials | Heavy Equipment
Disaggregation of Revenue [Line Items]
Revenues	27.2	26.2
Carlisle Construction Materials | Transportation
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Construction Materials | Medical
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Construction Materials | General Industrial and Other
Disaggregation of Revenue [Line Items]
Revenues	22.3	26.1
Carlisle Interconnect Technologies
Disaggregation of Revenue [Line Items]
Revenues	246.4	224.3
Carlisle Interconnect Technologies | United States
Disaggregation of Revenue [Line Items]
Revenues	182.1	155.6
Carlisle Interconnect Technologies | Total international
Disaggregation of Revenue [Line Items]
Revenues	64.3	68.7
Carlisle Interconnect Technologies | Europe
Disaggregation of Revenue [Line Items]
Revenues	18.4	22.3
Carlisle Interconnect Technologies | Asia
Disaggregation of Revenue [Line Items]
Revenues	23.8	22.9
Carlisle Interconnect Technologies | Canada
Disaggregation of Revenue [Line Items]
Revenues	1.1	1.1
Carlisle Interconnect Technologies | Mexico
Disaggregation of Revenue [Line Items]
Revenues	12.4	12
Carlisle Interconnect Technologies | Middle East and Africa
Disaggregation of Revenue [Line Items]
Revenues	7.3	7.6
Carlisle Interconnect Technologies | Other
Disaggregation of Revenue [Line Items]
Revenues	1.3	2.8
Carlisle Interconnect Technologies | General Construction
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Interconnect Technologies | Aerospace
Disaggregation of Revenue [Line Items]
Revenues	173.8	154.8
Carlisle Interconnect Technologies | Heavy Equipment
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Interconnect Technologies | Transportation
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Interconnect Technologies | Medical
Disaggregation of Revenue [Line Items]
Revenues	31	34.7
Carlisle Interconnect Technologies | General Industrial and Other
Disaggregation of Revenue [Line Items]
Revenues	41.6	34.8
Carlisle Fluid Technologies
Disaggregation of Revenue [Line Items]
Revenues	63.1	63.5
Carlisle Fluid Technologies | United States
Disaggregation of Revenue [Line Items]
Revenues	28	25.6
Carlisle Fluid Technologies | Total international
Disaggregation of Revenue [Line Items]
Revenues	35.1	37.9
Carlisle Fluid Technologies | Europe
Disaggregation of Revenue [Line Items]
Revenues	13.1	13.3
Carlisle Fluid Technologies | Asia
Disaggregation of Revenue [Line Items]
Revenues	19	19.8
Carlisle Fluid Technologies | Canada
Disaggregation of Revenue [Line Items]
Revenues	1.6	1.6
Carlisle Fluid Technologies | Mexico
Disaggregation of Revenue [Line Items]
Revenues	0.5	2.1
Carlisle Fluid Technologies | Middle East and Africa
Disaggregation of Revenue [Line Items]
Revenues	0.6	0.6
Carlisle Fluid Technologies | Other
Disaggregation of Revenue [Line Items]
Revenues	0.3	0.5
Carlisle Fluid Technologies | General Construction
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Fluid Technologies | Aerospace
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Fluid Technologies | Heavy Equipment
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Fluid Technologies | Transportation
Disaggregation of Revenue [Line Items]
Revenues	32.3	33.2
Carlisle Fluid Technologies | Medical
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Fluid Technologies | General Industrial and Other
Disaggregation of Revenue [Line Items]
Revenues	30.8	30.3
Carlisle Brake & Friction
Disaggregation of Revenue [Line Items]
Revenues	91.3	98.3
Carlisle Brake & Friction | United States
Disaggregation of Revenue [Line Items]
Revenues	32.5	41.5
Carlisle Brake & Friction | Total international
Disaggregation of Revenue [Line Items]
Revenues	58.8	56.8
Carlisle Brake & Friction | Europe
Disaggregation of Revenue [Line Items]
Revenues	30.5	30.3
Carlisle Brake & Friction | Asia
Disaggregation of Revenue [Line Items]
Revenues	20.4	18.9
Carlisle Brake & Friction | Canada
Disaggregation of Revenue [Line Items]
Revenues	0.5	0.7
Carlisle Brake & Friction | Mexico
Disaggregation of Revenue [Line Items]
Revenues	3.3	3.6
Carlisle Brake & Friction | Middle East and Africa
Disaggregation of Revenue [Line Items]
Revenues	0.4	0.2
Carlisle Brake & Friction | Other
Disaggregation of Revenue [Line Items]
Revenues	3.7	3.1
Carlisle Brake & Friction | General Construction
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Brake & Friction | Aerospace
Disaggregation of Revenue [Line Items]
Revenues	4.6	6.3
Carlisle Brake & Friction | Heavy Equipment
Disaggregation of Revenue [Line Items]
Revenues	75.2	79.2
Carlisle Brake & Friction | Transportation
Disaggregation of Revenue [Line Items]
Revenues	9.2	9.8
Carlisle Brake & Friction | Medical
Disaggregation of Revenue [Line Items]
Revenues	0	0
Carlisle Brake & Friction | General Industrial and Other
Disaggregation of Revenue [Line Items]
Revenues	$ 2.3	$ 3

Revenue Recognition - Change in

Revenue Recognition - Change in Contract Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Balance, beginning	$ 227.4	$ 215.8
Revenue recognized	(12.8)	(14.9)
Revenue deferred	15.6	18.2
Acquired liabilities	0	0.1
Balance, ending	$ 230.2	$ 219.2

Revenue Recognition - Change _2

Revenue Recognition - Change in Contract Assets (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Balance, beginning	$ 44.7	$ 0
Adoption of ASC 606	0	22.8
Revenue recognized and unbilled	58.1	33.8
Revenue billed	(44.7)	22.8
Balance, ending	$ 58.1	$ 33.8

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	$ 8.8	$ 7
Stock compensation cost capitalized as inventory	0.9
Stock option awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	3.1	2
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	2	1.9
Performance share awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	1.6	1.7
Restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	1.3	1.4
Stock Appreciation Rights
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	0.8	$ 0
Non-U.S. Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Pre-tax compensation expense	$ 1.8

Exit and Disposal Activities (D

Exit and Disposal Activities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Restructuring Cost and Reserve [Line Items]
Exit and disposal costs	$ 6.8	$ 3.1
Carlisle Interconnect Technologies
Restructuring Cost and Reserve [Line Items]
Exit and disposal costs	3.9	1.1
Carlisle Interconnect Technologies | Employee Termination Benefits
Restructuring Cost and Reserve [Line Items]
Exit and disposal costs	3.5
Exit and disposal costs, expected to be incurred	8.5
Carlisle Fluid Technologies
Restructuring Cost and Reserve [Line Items]
Exit and disposal costs	2	0
Carlisle Brake & Friction
Restructuring Cost and Reserve [Line Items]
Exit and disposal costs	0.7	$ 2
Exit and disposal costs, aggregate expense recognized	19.4
Exit and disposal costs, expected to be incurred	20.9
Exit and disposal costs, remaining amount	$ 1.5

Exit and Disposal Activities -

Exit and Disposal Activities - Components of Exit and Disposal Activities (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Restructuring Cost and Reserve [Line Items]
Employee severance and benefit arrangements	$ 5.7	$ 0.7
Lease termination cost	0.5	0
Accelerated depreciation	0	0.8
Relocation costs	0.1	0.2
Other restructuring costs	0.5	1.4
Total exit and disposal costs	6.8	3.1
Cost of goods sold
Restructuring Cost and Reserve [Line Items]
Total exit and disposal costs	3.6	2.3
Selling and administrative expenses
Restructuring Cost and Reserve [Line Items]
Total exit and disposal costs	2.9	0.6
Other operating (income) expense, net
Restructuring Cost and Reserve [Line Items]
Total exit and disposal costs	0.2	0.2
Research and development expenses
Restructuring Cost and Reserve [Line Items]
Total exit and disposal costs	0.1	0
Carlisle Interconnect Technologies
Restructuring Cost and Reserve [Line Items]
Total exit and disposal costs	3.9	1.1
Carlisle Fluid Technologies
Restructuring Cost and Reserve [Line Items]
Total exit and disposal costs	2	0
Carlisle Brake & Friction
Restructuring Cost and Reserve [Line Items]
Total exit and disposal costs	0.7	2
Carlisle Construction Materials
Restructuring Cost and Reserve [Line Items]
Total exit and disposal costs	$ 0.2	$ 0

Exit and Disposal Activities _2

Exit and Disposal Activities - Exit and Disposal Activity Liability (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Restructuring Reserve [Roll Forward]
Balance, beginning	$ 1.2
Charges	6.8	$ 3.1
Cash payments	(1.9)
Balance, ending	6.1
Carlisle Interconnect Technologies
Restructuring Reserve [Roll Forward]
Charges	3.9	1.1
Carlisle Fluid Technologies
Restructuring Reserve [Roll Forward]
Charges	2	0
Carlisle Brake & Friction
Restructuring Reserve [Roll Forward]
Charges	0.7	2
Carlisle Construction Materials
Restructuring Reserve [Roll Forward]
Charges	$ 0.2	$ 0

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Effective income tax rate on continuing operations (as a percent)		26.10%
Anticipated effective tax rate for beginning of year to date (as a percent)	23.60%	24.70%
Discrete income tax expense (benefit)		$ 1.1

Inventories, net (Details)

Inventories, net (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 217.4	$ 195.1
Work-in-process	69.5	59.5
Finished goods	263.7	236.5
Reserves	(35.9)	(33.6)
Inventories, net	$ 514.7	$ 457.5

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets, net - Changes in the Carrying Amount of Goodwill (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2016
Changes in the carrying amount of goodwill
Goodwill, Balance at the beginning of the period	$ 1,441.8
Goodwill acquired during the year	63
Currency translation and other	0
Goodwill, Balance at the end of the period	1,504.8
Carlisle Construction Materials
Changes in the carrying amount of goodwill
Goodwill, Balance at the beginning of the period	532.8
Goodwill acquired during the year	63
Currency translation and other	(0.5)
Goodwill, Balance at the end of the period	595.3
Carlisle Interconnect Technologies
Changes in the carrying amount of goodwill
Goodwill, Balance at the beginning of the period	643.1
Goodwill acquired during the year	0
Currency translation and other	0.1
Goodwill, Balance at the end of the period	643.2
Carlisle Fluid Technologies
Changes in the carrying amount of goodwill
Goodwill, Balance at the beginning of the period	169.5
Goodwill acquired during the year	0
Currency translation and other	0.3
Goodwill, Balance at the end of the period	169.8
Carlisle Brake & Friction
Changes in the carrying amount of goodwill
Goodwill, Balance at the beginning of the period	96.4
Goodwill acquired during the year	0
Currency translation and other	0.1
Goodwill, Balance at the end of the period	$ 96.5
Goodwill, accumulated impairment loss		$ 130

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets, net - Other Intangibles and Amortization (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Other intangible assets
Accumulated Amortization	$ (460.4)	$ (433.4)
Other intangible assets, net
Other intangible assets, Acquired Cost	1,509.9	1,401.1
Other intangible assets, net	1,049.5	967.7
Trade names
Assets not subject to amortization:
Trade names	243	243.1
Customer relationships
Other intangible assets
Acquired Cost	920.5	843.8
Accumulated Amortization	(304.4)	(287.7)
Net Book Value	616.1	556.1
Technology and intellectual property
Other intangible assets
Acquired Cost	273.7	268.8
Accumulated Amortization	(137.2)	(129.3)
Net Book Value	136.5	139.5
Trade Names and Other
Other intangible assets
Acquired Cost	72.7	45.4
Accumulated Amortization	(18.8)	(16.4)
Net Book Value	$ 53.9	$ 29

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets, net - Net Carrying Value of Other Intangibles (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Net book value of other intangible assets by the reportable segment
Other intangible assets, net	$ 1,049.5	$ 967.7
Carlisle Construction Materials
Net book value of other intangible assets by the reportable segment
Other intangible assets, net	381.1	285.3
Carlisle Interconnect Technologies
Net book value of other intangible assets by the reportable segment
Other intangible assets, net	304.8	313.4
Carlisle Fluid Technologies
Net book value of other intangible assets by the reportable segment
Other intangible assets, net	277.1	280.9
Carlisle Brake & Friction
Net book value of other intangible assets by the reportable segment
Other intangible assets, net	85	86.6
Corporate
Net book value of other intangible assets by the reportable segment
Other intangible assets, net	$ 1.5	$ 1.5

- Lease Contracts (Details)

- Lease Contracts (Details)	Mar. 31, 2019
Minimum
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	1 year
Lessee, Operating Lease, Renewal Term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	11 years
Lessee, Operating Lease, Renewal Term	20 years

- Lease Cost (Details)

- Lease Cost (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Leases [Abstract]
Operating lease cost	$ 6.4
Variable lease cost	1.5
Short-term lease cost	0.7
Total lease cost	$ 8.6

- Summary of Lease Assets and L

- Summary of Lease Assets and Liabilities (Details) $ in Millions	Mar. 31, 2019USD ($)
Leases [Abstract]
Operating lease right-of-use assets	$ 69.6
Operating lease liabilities - current	21.9
Operating lease liabilities - long-term	51.8
Total lease liabilities	$ 73.7

- Maturity of Lease Liabilities

- Maturity of Lease Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2019	Dec. 31, 2018
Leases [Abstract]
Remainder of 2019	$ 19.2
2020	18.5
2021	12.9
2022	9.3
2023	7.6
Thereafter	9.1
Total	81.9
Less: imputed interest	(8.2)
Total lease liabilities	$ 73.7
Leases Under Previous Standard [Abstract]
2019		$ 16.7
2020		10.8
2021		6.8
2022		4.9
2023		4.2
Thereafter		$ 5.1

- Lease Term and Discount Rate

- Lease Term and Discount Rate (Details)	Mar. 31, 2019
Leases [Abstract]
Weighted-average remaining lease term (in years)	5 years
Weighted-average discount rate (percent)	3.90%

- Supplemental Cash Flow Inform

- Supplemental Cash Flow Information (Details) $ in Millions	3 Months Ended
	Mar. 31, 2019USD ($)
Leases [Abstract]
Cash paid for amounts included in the measurement of operating lease liabilities	$ 5.8
Right-of-use asset obtained in exchange for operating lease liability	$ 70.1

Long-term Debt (Details)

Long-term Debt (Details) - USD ($)	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Borrowings
Unamortized discount, debt issuance costs, and other	$ (11,500,000)	$ (12,200,000)
Long-term debt	1,588,500,000	1,587,800,000
Letters of credit outstanding	26,200,000	26,000,000
3.75% senior notes due 2027
Borrowings
Long-term debt, carrying amount	$ 600,000,000	$ 600,000,000
Interest rate (as a percent)	3.75%	3.75%
3.75% senior notes due 2027 | Significant Observable Inputs (Level 2)
Borrowings
Fair value of notes	$ 582,700,000	$ 579,400,000
3.5% senior notes due 2024
Borrowings
Long-term debt, carrying amount	$ 400,000,000	$ 400,000,000
Interest rate (as a percent)	3.50%	3.50%
3.5% senior notes due 2024 | Significant Observable Inputs (Level 2)
Borrowings
Fair value of notes	$ 397,500,000	$ 386,400,000
3.75% senior notes due 2022
Borrowings
Long-term debt, carrying amount	$ 350,000,000	$ 350,000,000
Interest rate (as a percent)	3.75%	3.75%
3.75% senior notes due 2022 | Significant Observable Inputs (Level 2)
Borrowings
Fair value of notes	$ 353,300,000	$ 345,500,000
5.125% senior notes due 2020
Borrowings
Long-term debt, carrying amount	$ 250,000,000	$ 250,000,000
Interest rate (as a percent)	5.125%	5.125%
5.125% senior notes due 2020 | Significant Observable Inputs (Level 2)
Borrowings
Fair value of notes	$ 255,900,000	$ 255,000,000
Revolving credit facility
Borrowings
Borrowings under the facility	0
Repayments of the facility	0
Revolving credit facility	0	0
Availability under revolving line of credit	1,000,000,000	$ 1,000,000,000
Letter of credit | Credit Agreement
Borrowings
Maximum borrowing capacity	80,000,000
Availability under revolving line of credit	$ 56,100,000

Defined Benefit Plan - Defined

Defined Benefit Plan - Defined Benefit Plan (Details) - Defined Benefit Plans - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Components of net periodic benefit cost
Service cost	$ 0.7	$ 0.8
Interest cost	1.5	1.4
Expected return on plan assets	(2.4)	(2.6)
Amortization of unrecognized loss	0.9	1.1
Net periodic benefit cost	0.7	0.7
Amortization of unrecognized loss, tax	$ (0.2)	$ (0.3)

Standard Product Warranties (De

Standard Product Warranties (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Standard Product Warranty Accrual
Beginning reserve	$ 31.9	$ 30.4
Current year provision	5.3	4.4
Current year claims	(4.5)	(3.7)
Currency translation	(0.1)	0.2
Ending reserve	$ 32.6	$ 31.3

Financial Instruments (Details)

Financial Instruments (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018
Cash
Derivative Financial Instruments
Deferred compensation, Rabbi Trust	$ 11.4	$ 10.7
Short-term Investments
Derivative Financial Instruments
Deferred compensation, Rabbi Trust	5.5	4.3
Foreign Exchange Forward | Designated as Hedging Instrument
Derivative Financial Instruments
Fair value	1.7	0.2
Notional amount	74.6	95
Foreign Exchange Forward | Not Designated as Hedging Instrument
Derivative Financial Instruments
Fair value	(0.2)	0.1
Notional amount	$ 60.3	$ 49.9
Maximum | Foreign Exchange Forward | Not Designated as Hedging Instrument
Derivative Financial Instruments
Maturity term	1 year
Maximum | Cash Flow Hedging | Foreign Exchange Forward | Designated as Hedging Instrument
Derivative Financial Instruments
Maturity term	1 year

Financial Instruments - Changes

Financial Instruments - Changes in AOCI Related to Cash Flow Hedges (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Change in AOCI [Roll Forward]
Balance, beginning	$ (122.1)
Other comprehensive income	6.2	$ 23.3
Balance, ending	(115.9)
Accumulated Foreign Currency Adjustment
Change in AOCI [Roll Forward]
Balance, beginning	(3.2)	(4)
Other comprehensive income before reclassifications	1.9	0.3
Amounts reclassified from accumulated other comprehensive loss	(0.3)	(0.1)
Other comprehensive income	1.6	0.2
Balance, ending	$ (1.6)	$ (3.8)

Subsequent Events (Details)

Subsequent Events (Details) $ in Millions	Apr. 01, 2019USD ($)
Subsequent Event | MicroConnex Corporation
Subsequent Event [Line Items]
Total cash consideration transferred	$ 46