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Disposition of a Subsidiary (Tables)
 12 Months Ended
Dec. 31, 2017
Text block1 [abstract]  
Summary of Disposition of Subsidiary

cash proceeds of $336.9. As a result of the sale, the Company recognized the following gain on disposition in the consolidated statements of income:

 

                                       $  

Gross proceeds

      369.1  

Working capital adjustments

      (15.3 ) 

Transaction costs

      (16.9 ) 

Net proceeds from sale

      336.9  

Net assets disposed

      (268.5 ) 

Cumulative exchange loss on translating foreign operations reclassified from equity

      (13.8 ) 

Gain on disposition of a subsidiary

      54.6  
Summary of Major Categories of Assets and Liabilities

Major categories of assets and liabilities of Innovyze that were disposed of were as follows:

 

      $  

Assets

   

Cash and cash equivalents

      0.3  

Trade and other receivables

      3.3  

Unbilled revenue

      0.2  

Prepaid expenses

      0.2  

Property and equipment

      0.3  

Goodwill

                      194.4  

Intangibles

   

Client relationships

      71.0  

Trademarks - indefinite

      6.1  

Software

      18.0  

Total assets disposed

      293.8  

Liabilities

   

Trade and other payables

      13.7  

Deferred revenue

      10.1  

Income taxes payable

      1.4  

Provisions

      0.1  

Total liabilities disposed

      25.3  

Net assets disposed

      268.5