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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Additional paid-in capital
Treasury shares
Own shares held by ESOP
Retained earnings
Accumulated other comprehensive loss
Ordinary shares
Common stock
[1]
Deferred shares
Common stock
[2]
Beginning balance at Dec. 31, 2018 $ 184.3 $ 65.6 $ (4.3) $ (2.2) $ 95.3 $ (146.6) $ 26.6 $ 149.9
Beginning balance (in shares) at Dec. 31, 2018     (0.4) (1.6)        
Net income / (loss) (3.8)       (3.8)      
Shares sold from ESOP 1.4 1.3   $ 0.1        
Shares sold from ESOP (in shares)       0.1        
Other comprehensive (loss) income, net of tax 2.1         2.1    
Dividends declared (3.4)       (3.4)      
Share-based compensation (0.8) (0.8)            
Utilization of treasury shares to satisfy share based compensation       0.1        
Utilization of treasury shares to satisfy share based compensation 0.0 (0.2)   $ 0.2 0.0      
Ending balance at Mar. 31, 2019 179.8 65.9 $ (4.3) $ (1.9) 88.1 (144.5) 26.6 149.9
Ending balance (in shares) at Mar. 31, 2019     (0.5) (1.4)        
Beginning balance at Dec. 31, 2019 174.4 68.4 $ (4.0) $ (1.7) 84.8 (149.6) 26.6 149.9
Beginning balance (in shares) at Dec. 31, 2019     (0.4) (1.2)        
Net income / (loss) 6.2       6.2      
Other comprehensive (loss) income, net of tax (7.3)         (7.3)    
Dividends declared (3.4)       (3.4)      
Share-based compensation 0.5 0.5            
Utilization of shares from ESOP to satisfy share based compensation (0.6) (0.7)   $ 0.1        
Utilization of shares from ESOP to satisfy share based compensation (in shares)       0.1        
Ending balance at Mar. 29, 2020 $ 169.8 $ 68.2 $ (4.0) $ (1.6) $ 87.6 $ (156.9) $ 26.6 $ 149.9
Ending balance (in shares) at Mar. 29, 2020     (0.4) (1.1)        
[1]
Ordinary share capital includes 29,000,000 shares in 2020, 29,000,000 shares in 2019, respectively.
[2]
Deferred share capital includes 761,835,338,444 shares in 2020, and 761,835,338,444 shares in 2019.