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Debt (Tables)
 6 Months Ended
Jun. 30, 2013
Summary of Components of Long-Term Borrowings and Capital Lease Obligations

The following table summarizes the components of long-term borrowings and capital lease obligations:

 

(in millions)    June 30,
2013		      December 31,
2012		  

Senior Secured Credit Facility:

      

Revolving credit facility

    $ 69.0       $ —     

Term loan

      73.6         —     

February 2012 Financing:

      

ABL facility

      —           6.7   

Term loan

      —           149.1   

Capital lease obligations

      1.6         1.7   
  

 

 

     

 

 

  

Total long-term borrowings and capital lease obligations, including current portion

      144.2         157.5   

Less: Current maturities

      6.1         4.2   

Less: Current capital lease obligations

      0.5         0.5   
  

 

 

     

 

 

  

Total long-term borrowings and capital lease obligations, net

    $ 137.6       $ 152.8   
  

 

 

     

 

 

  
Summary of Carrying Amount and Fair Value of Financial Instruments

The following table summarizes the carrying amounts and fair values of the Company’s financial instruments:

 

     June 30, 2013      December 31, 2012  
     Notional
Amount		      Fair
Value		      Notional
Amount		      Fair
Value		  

Short-term debt

    $ —        $ —        $ 0.3       $ 0.3   

Long-term debt (1)

      144.2         144.2         157.5         208.2   

 

(1) Long-term debt includes current portions of long-term debt and current portions of capital lease obligations of $6.6 million and $4.7 million as of June 30, 2013 and December 31, 2012, respectively.