XML 40 R30.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Financial Instruments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Summary of Outstanding Interest Rate Swap Arrangement | The following table summarizes the outstanding interest rate swap arrangement as of June 30, 2017 (dollars in millions):
| Aggregate Notional Amount |  | Receive Rate |  | Receive Rate as of June 30, 2017 |  | Pay Rate
ABL Credit Facility | $ | 350.0 |  |  | 1 month LIBOR + 1.75% |  | 3.0 | % |  | 3.5 | %
Estimated Fair Value of Financial Instruments | The following table summarizes the estimated fair value of the Company's financial instruments (in millions).
| Fair Value of Financial Instruments
| Prepaid & Other Current Assets |  | Accrued Liabilities
| June 30, 2017 |  | December 31, 2016 |  | June 30, 2017 |  | December 31, 2016
Derivatives Designated as Hedging Instruments |  |  |  |  |  |  |
Interest rate swap | $ | — |  |  | $ | — |  |  | $ | 1.0 |  |  | $ | — |
Derivatives Not Designated as Hedging Instruments |  |  |  |  |  |  |  |  |  |  |
Foreign currency forward contracts | $ | — |  |  | $ | 0.1 |  |  | $ | — |  |  | $ | — |
Derivative Instruments, Gain (Loss) | The following table summarizes the gains and losses on derivative instruments for the periods indicated. Gains and losses recognized on foreign currency forward contracts and the effective portion of interest rate swaps are included in the condensed consolidated statements of operations together with the corresponding offsetting gains and losses on the underlying hedged transactions. All gains and losses recognized are included in "Selling, general and administrative" in the condensed consolidated statements of operations (in millions).
| Gain (Loss) Recognized
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Derivatives Designated as Cash Flow Hedges |  |  |  |  |  |  |
Interest rate swap - effective portion | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Interest rate swap - ineffective portion | $ | — |  |  | $ | — |  |  | $ | (0.1 | ) |  | $ | — |
Derivatives Not Designated as Hedging Instruments |  |  |  |  |  |  |
Foreign currency forward contracts | $ | (0.4 | ) |  | $ | (0.2 | ) |  | $ | (3.6 | ) |  | $ | (0.1 | )

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 the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration