XML 43 R34.htm IDEA: XBRL DOCUMENT
v3.20.2

GOODWILL AND INTANGIBLE ASSETS, NET (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of changes in goodwill by business segment | n analysis of changes in the Company’s goodwill by business segment is as follows (in millions):
| AWP |  | MP |  | Total
Balance at December 31, 2017, gross | $ | 140.2 |  |  | $ | 195.2 |  |  | $ | 335.4 |
Accumulated impairment | (38.6) |  |  | (23.2) |  |  | (61.8) |
Balance at December 31, 2017, net | 101.6 |  |  | 172.0 |  |  | 273.6 |
Foreign exchange effect and other | (1.0) |  |  | (7.4) |  |  | (8.4) |
Balance at December 31, 2018, gross | 139.2 |  |  | 187.8 |  |  | 327.0 |
Accumulated impairment | (38.6) |  |  | (23.2) |  |  | (61.8) |
Balance at December 31, 2018, net | 100.6 |  |  | 164.6 |  |  | 265.2 |
Foreign exchange effect and other | 0.1 |  |  | 4.6 |  |  | 4.7 |
Balance at December 31, 2019, gross | 139.3 |  |  | 192.4 |  |  | 331.7 |
Accumulated impairment | (38.6) |  |  | (23.2) |  |  | (61.8) |
Balance at December 31, 2019, net | $ | 100.7 |  |  | $ | 169.2 |  |  | $ | 269.9 |
I
Schedule of intangible assets by class | Intangible assets, net were comprised of the following as of December 31, 2019 and 2018 (in millions):
|  |  | December 31, 2019 |  |  |  |  |  | December 31, 2018 |  |  |  |
| Weighted Average Life (in years) |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Definite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Technology | 7 |  | $ | 9.4 |  |  | $ | (8.8) |  |  | $ | 0.6 |  |  | $ | 9.7 |  |  | $ | (9.1) |  |  | $ | 0.6 |
Customer Relationships | 22 |  | 25.6 |  |  | (22.8) |  |  | 2.8 |  |  | 25.6 |  |  | (21.7) |  |  | 3.9 |
Land Use Rights | 81 |  | 4.3 |  |  | (0.7) |  |  | 3.6 |  |  | 4.4 |  |  | (0.6) |  |  | 3.8 |
Other | 8 |  | 25.1 |  |  | (22.4) |  |  | 2.7 |  |  | 24.9 |  |  | (21.8) |  |  | 3.1 |
Total definite-lived intangible assets |  |  | $ | 64.4 |  |  | $ | (54.7) |  |  | $ | 9.7 |  |  | $ | 64.6 |  |  | $ | (53.2) |  |  | $ | 11.4 |
Finite-lived Intangible Assets Amortization Expense |
| For the Year Ended December 31, |  |  |  |
(in millions) | 2019 |  | 2018 |  | 2017
Aggregate Amortization Expense | $ | 1.8 |  |  | $ | 1.8 |  |  | $ | 1.8 |
Schedule of intangible assets amortization expense | Estimated aggregate intangible asset amortization expense (in millions) for each of the next five years is as follows:
2020 |  | $ | 1.4 |
2021 |  | 1.3 |
2022 |  | 1.3 |
2023 |  | 0.8 |
2024 |  | 0.6 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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 Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration