XML 45 R33.htm IDEA: XBRL DOCUMENT v3.22.2

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives

The table below presents the liabilities related to the zero-cost interest rate collar:

(Dollars in millions)						Accrued Liabilities						Other Long-Term Liabilities						Other Non-Current Assets						Total
Balance as of December 31, 2020						$	(2.6)					$	(6.0)					$	—					$	(8.6)
Amounts reclassified from AOCI to floorplan interest expense						0.7						—						—						0.7
Loss recorded from interest rate collar						(0.6)						2.4						—						1.8
Balance as of March 31, 2021						(2.5)						(3.6)						—						(6.1)
Amounts reclassified from AOCI to floorplan interest expense						0.7						—						—						0.7
Loss recorded from interest rate collar						(0.7)						0.2						—						(0.5)
Balance as of June 30, 2021						(2.5)						(3.4)						—						(5.9)
Amounts reclassified from AOCI to floorplan interest expense						0.7						—						—						0.7
(Loss) gain recorded from interest rate collar						(0.7)						0.7						—						—
Balance as of September 30, 2021						(2.5)						(2.7)						—						(5.2)
Amounts reclassified from AOCI to floorplan interest expense						0.7						—						—						0.7
(Loss) gain recorded from interest rate collar						(0.1)						2.0						—						1.9
Balance as of December 31, 2021						(1.9)						(0.7)						—						(2.6)
Amounts reclassified from AOCI to floorplan interest expense						0.7						—						—						0.7
(Loss) gain recorded from interest rate collar						1.2						0.7						2.7						4.6
Balance as of March 31, 2022						—						—						2.7						2.7
Amounts reclassified from AOCI to floorplan interest expense						—						—						(2.7)						(2.7)
Balance as of June 30, 2022						$	—					$	—					$	—					$	—

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959

+ Details

Name:	us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration