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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	)

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- References

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- 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

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- 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

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- 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

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