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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2015
Income Tax Disclosure [Abstract] |
Components of Provision (Benefit) for Income Taxes | The following table summarizes the income tax expense (benefit) from continuing operations:
(in millions) | 2015 |  | 2014 |  | 2013
Current: |  |  |  |  |
Federal | $ | 6.6 |  |  | $ | 3.0 |  |  | $ | — |
Foreign | — |  |  | 0.3 |  |  | 0.4 |
State and local | 1.8 |  |  | 1.3 |  |  | 0.9 |
Total current tax expense | 8.4 |  |  | 4.6 |  |  | 1.3 |
Deferred: |  |  |  |  |
Federal | 25.4 |  |  | 17.8 |  |  | (112.1 | )
Foreign | (2.0 | ) |  | (3.0 | ) |  | 0.9 |
State and local | 2.3 |  |  | 4.3 |  |  | 1.3 |
Total deferred tax expense (benefit) | 25.7 |  |  | 19.1 |  |  | (109.9 | )
Total income tax expense (benefit) | $ | 34.1 |  |  | $ | 23.7 |  |  | $ | (108.6 | )
Differences between Statutory Federal Income Tax Rate and Effective Income Tax Rate | The following table summarizes the differences between the statutory federal income tax rate and the effective income tax rate from continuing operations:
| 2015 |  | 2014 |  | 2013
Statutory federal income tax rate | 35.0 | % |  | 35.0 | % |  | 35.0 | %
State income taxes, net of federal tax benefit | 3.3 |  |  | 3.7 |  |  | 3.3 |
Valuation allowance | 1.7 |  |  | (4.5 | ) |  | (279.4 | )
Domestic production deduction | (2.2 | ) |  | (2.1 | ) |  | (1.5 | )
Tax planning benefits, excluding valuation allowance effects | (6.0 | ) |  | — |  |  | — |
Asset dispositions and write-offs | — |  |  | — |  |  | (3.3 | )
Repatriation effects | — |  |  | — |  |  | 1.8 |
Tax reserves | 0.2 |  |  | (1.2 | ) |  | — |
Tax credits | 1.9 |  |  | (0.6 | ) |  | (1.8 | )
Foreign tax rate effects | 0.5 |  |  | (2.0 | ) |  | (2.7 | )
Other, net | (0.3 | ) |  | 0.1 |  |  | 1.2 |
Effective income tax rate | 34.1 | % |  | 28.4 | % |  | (247.4 | )%
Schedule of Income before Income Tax | The following table summarizes income from continuing operations before taxes:
(in millions) | 2015 |  | 2014 |  | 2013
U.S. | $ | 96.4 |  |  | $ | 78.2 |  |  | $ | 39.2 |
Non-U.S. | 3.5 |  |  | 5.2 |  |  | 4.7 |
Income from continuing operations before taxes | $ | 99.9 |  |  | $ | 83.4 |  |  | $ | 43.9 |
Deferred Income Tax Assets and Liabilities | The following table summarizes deferred income tax assets and liabilities:
(in millions) | 2015 |  | 2014
Deferred tax assets: |  |  |
Depreciation and amortization | $ | 10.9 |  |  | $ | 11.1 |
Accrued expenses | 27.6 |  |  | 28.5 |
Net operating loss, alternative minimum tax, research and development and foreign tax credit carryforwards | 29.1 |  |  | 44.6 |
Definite lived intangibles | 1.4 |  |  | 1.6 |
Pension benefits | 33.5 |  |  | 35.3 |
Deferred revenue | — |  |  | 0.1 |
Gross deferred tax assets | 102.5 |  |  | 121.2 |
Valuation allowance | (5.9 | ) |  | (3.8 | )
Total deferred tax assets | 96.6 |  |  | 117.4 |
Deferred tax liabilities: |  |  |
Depreciation and amortization | (6.6 | ) |  | (5.0 | )
Expenses capitalized for book | (2.0 | ) |  | (1.4 | )
Pension benefits | (14.7 | ) |  | (13.4 | )
Indefinite lived intangibles | (52.6 | ) |  | (52.1 | )
Other | (0.1 | ) |  | (0.1 | )
Gross deferred tax liabilities | (76.0 | ) |  | (72.0 | )
Net deferred tax assets | $ | 20.6 |  |  | $ | 45.4 |
Summary of Activities Related to Unrecognized Tax Benefits | The following table summarizes the activity related to the Company’s unrecognized tax benefits:
(in millions) | 2015 |  | 2014 |  | 2013
Balance at January 1 | $ | 2.0 |  |  | $ | 3.9 |  |  | $ | 4.0 |
Increases related to current year tax | 0.3 |  |  | 0.4 |  |  | 0.5 |
Increases from prior period positions | — |  |  | 0.3 |  |  | 0.4 |
Decreases from prior period positions | — |  |  | (0.1 | ) |  | (0.2 | )
Decreases due to lapse of statute of limitations | (0.1 | ) |  | (2.4 | ) |  | (0.8 | )
Foreign currency translation | — |  |  | (0.1 | ) |  | — |
Balance at December 31 | $ | 2.2 |  |  | $ | 2.0 |  |  | $ | 3.9 |

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