XML 28 R13.htm IDEA: XBRL DOCUMENT
v3.21.1

Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | INTANGIBLE ASSETS Intangible assets originated from the Company’s reorganization and application of fresh start accounting as of September 30, 2014, the date the Company emerged from bankruptcy, and reflect the conditions at that time. The intangible asset related to the sales order book is amortized as the order book existing at emergence is reduced, principally as a result of deliveries to customers. The intangible asset related to customer relationships is amortized using the straight-line method over the estimated average useful life of 15 years. Amortization expense is presented below gross profit on the consolidated statements of operations. Intangible asset balances are as follows (in millions):
| December 31, 2020 |  | December 31, 2019
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Amount
Sales order book | $ | 54.6 |  |  | $ | 32.0 |  |  | $ | 22.6 |  |  | $ | 54.6 |  |  | $ | 29.9 |  |  | $ | 24.7 |
Customer relationships | 68.9 |  |  | 28.7 |  |  | 40.2 |  |  | 68.9 |  |  | 24.1 |  |  | 44.8 |
Total | $ | 123.5 |  |  | $ | 60.7 |  |  | $ | 62.8 |  |  | $ | 123.5 |  |  | $ | 54.0 |  |  | $ | 69.5 |
The amount of amortization expense for intangible assets in each of the succeeding years is estimated to be as follows (in millions):
2021 | $ | 8.0 |
2022 | 9.6 |
2023 | 7.5 |
2024 | 9.4 |
2025 | 5.8 |
Thereafter | 22.5 |
Total | $ | 62.8 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration