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Financial Instruments (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Financial Instruments |
Carrying amount and estimated fair market value of the company's long-term debt, including current portion |
|  | December 31, |
--- | --- | --- | ---
|  | 2012 |  | 2011 |
|  | (in millions) |
Carrying amount |  | $ | 384.6 |  | $ | 399.4 |
Estimated fair value |  | $ | 420.8 |  | $ | 440.5 |
Schedule of fair value of financial assets and liabilities |
|  | Fair Value Measurements at December 31, 2012 Using: |
--- | --- | --- | ---
|  |  |  | Quoted Prices in Active Markets for Identical Assets |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs |
|  | Total |  | (Level 1) |  | (Level 2) |  | (Level 3) |
|  | (in millions) |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |
Plan asset for deferred compensation(1) |  | $ | 4.2 |  | $ | 4.2 |  | $ | — |  | $ | — |
Total assets |  | $ | 4.2 |  | $ | 4.2 |  | $ | — |  | $ | — |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |
Plan liability for deferred compensation(2) |  | $ | 4.2 |  | $ | 4.2 |  | $ | — |  | $ | — |
Contingent consideration(2) |  |  | 5.2 |  |  | — |  |  | — |  |  | 5.2 |
Total liabilities |  | $ | 9.4 |  | $ | 4.2 |  | $ | — |  | $ | 5.2 |
|  | Fair Value Measurements at December 31, 2011 Using: |
--- | --- | --- | ---
|  |  |  | Quoted Prices in Active Markets for Identical Assets |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs |
|  | Total |  | (Level 1) |  | (Level 2) |  | (Level 3) |
|  | (in millions) |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |
Plan asset for deferred compensation(1) |  | $ | 4.0 |  | $ | 4.0 |  | $ | — |  | $ | — |
Total assets |  | $ | 4.0 |  | $ | 4.0 |  | $ | — |  | $ | — |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |
Plan liability for deferred compensation(2) |  | $ | 4.0 |  | $ | 4.0 |  | $ | — |  | $ | — |
Contingent consideration(2) |  |  | 1.1 |  |  | — |  |  | — |  |  | 1.1 |
Total liabilities |  | $ | 5.1 |  | $ | 4.0 |  | $ | — |  | $ | 1.1 |
(1) Included in other, net on the Company's consolidated balance sheet. (2) Included in other noncurrent liabilities on the Company's consolidated balance sheet.
Summary of the changes in fair value of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) | The table below provides a summary of the changes in fair value of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the period December 31, 2011 to December 31, 2012.
|  |  |  |  |  | Total realized and unrealized gains (losses) included in: |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
|  | Balance December 31, 2011 |  | Purchases, sales, settlements, net |  | Earnings |  | Comprehensive income |  | Balance December 31, 2012 |
|  | (in millions) |
Contingent consideration |  | $ | 1.1 |  | $ | 5.1 |  | $ | (1.0 | ) | $ | — |  | $ | 5.2 |
Schedule of future minimum lease payments under capital leases and non-cancelable operating leases | Future minimum lease payments under capital leases and non-cancelable operating leases as of December 31, 2012 are as follows:
|  | Capital Leases |  | Operating Leases |
--- | --- | --- | --- | --- | ---
|  | (in millions) |
2013 |  | $ | 1.5 |  | $ | 9.5 |
2014 |  |  | 1.3 |  |  | 7.4 |
2015 |  |  | 1.4 |  |  | 5.2 |
2016 |  |  | 1.4 |  |  | 2.5 |
2017 |  |  | 1.4 |  |  | 0.7 |
Thereafter |  |  | 4.0 |  |  | 2.3 |
Total |  | $ | 11.0 |  | $ | 27.6 |
Less amount representing interest (at rates ranging from 4.2% to 8.7%) |  |  | 1.2 |  |  |  |
Present value of net minimum capital lease payments |  |  | 9.8 |  |  |  |
Less current installments of obligations under capital leases |  |  | 1.2 |  |  |  |
Obligations under capital leases, excluding current installments |  | $ | 8.6 |  |  |  |
Schedule of carrying amounts of assets under capital lease |
|  | December 31, |
--- | --- | --- | ---
|  | 2012 |  | 2011 |
|  | (in millions) |
Buildings |  | $ | 16.8 |  | $ | 16.5 |
Machinery and equipment |  |  | 1.2 |  |  | 2.1 |
|  |  | 18.0 |  |  | 18.6 |
Less accumulated depreciation |  |  | (3.9 | ) |  | (4.8 | )
|  | $ | 14.1 |  | $ | 13.8 |

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- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19279-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 14 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 18 -Subparagraph c(2), d, e, f -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 15 -Subparagraph b-d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13467-108611 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 159 -Paragraph 19 -Subparagraph a, b, c(1), d(1) -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6447952&loc=d3e13220-108610 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -Subparagraph a, c(1), c(2), c(3), d -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 10 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13476-108611 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612 + Details
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- Definition Tabular disclosure of long-lived, depreciable assets that are subject to a lease meeting the criteria for capitalization and are used in the normal conduct of business to produce goods and services. Examples may include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for capital leases and operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References No definition available. + Details
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