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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Outstanding Interest Rate Swap Agreement
The following table summarizes the outstanding interest rate swap arrangement as of December 31, 2017 (dollars in millions):
 
Aggregate Notional Amount
 
Receive Rate
 
Receive Rate as of December 31, 2017
 
Pay Rate
ABL Credit Facility
$
350.0

 
1 month LIBOR + 1.75%
 
3.3
%
 
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
 
Other Long-Term Assets
 
Accrued Liabilities
 
December 31,
2017
 
December 31,
2016
 
December 31,
2017
 
December 31,
2016
Derivatives Designated as Hedging Instruments
 
 
 
 
 
 
 
Interest rate swap
$
2.1

 
$

 
$

 
$

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 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 consolidated statements of operations (in millions).
 
Gain (Loss) Recognized
 
2017
 
2016
 
2015
Derivatives Not Designated as Hedging Instruments
 
 
 
 
 
Foreign currency forward contracts
$
(4.0
)
 
$
5.0

 
$
(5.9
)