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Deferred Finance Costs
 12 Months Ended
Dec. 31, 2014
Text Block [Abstract]  
Deferred Finance Costs

Note 8.    Deferred Finance Costs

 

On August 28, 2013, we amended our five-year revolving credit facility (“the facility”). As a result $0.9 million of refinancing costs were capitalized in 2013 and are being amortized over the expected life of the facility using the effective interest method, in line with the costs capitalized for the original facility in December 2011.

 

(in millions)

    2014      2013  

Gross cost

    $ 2.6       $ 2.6   

Accumulated amortization

      (1.5 )       (0.8 ) 
  

 

 

     

 

 

  
   $ 1.1       $ 1.8   
  

 

 

     

 

 

  

 

Amortization expense was $0.7 million, $0.4 million and $0.4 million in 2014, 2013 and 2012, respectively. The charge is included in interest expense. See Note 2 of the Notes to the Consolidated Financial Statements.