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Stockholders' Equity | 3 Months Ended
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Mar. 31, 2018
Equity [Abstract] |
Stockholders' Equity | 11. Stockholders’ Equity The following is a roll forward of retained earnings for the three months ended March 31, 2018 and 2017:
($ in millions) |  | Retained Earnings |
Balance at December 31, 2017 |  | $ | 256.7 |
Net loss |  |  | (10.0 | )
Balance at March 31, 2018 |  | $ | 246.7 |
Authorized capital consists of 75 million shares of $0.01 par value common stock and 3.5 million shares of $0.01 par value preferred stock. None of the preferred shares have been issued. Currently, the Company has authorization to purchase up to 0.6 million shares of common stock at management’s discretion; however, the Company has certain restrictions from repurchasing shares of its capital stock or other equity interests under various covenants of its debt agreements. Further, the Company has not purchased any shares of its common stock under this authorization since 2006. A reconciliation for the changes in accumulated other comprehensive loss, net of tax, by component for the three months ended March 31, 2018 and 2017 is as follows:
($ in millions) |  | Gains and Losses on Cash Flow Hedges |  |  | Pension & Postretirement |  |  | Foreign Currency Translation |  |  | Total |
Balance at December 31, 2017 |  | $ | 0.1 |  |  | $ | (45.1 | ) |  | $ | (52.4 | ) |  | $ | (97.4 | )
Other comprehensive income before reclassifications |  |  | — |  |  |  | 0.1 |  |  |  | 11.4 |  |  |  | 11.5 |
Amounts reclassified from accumulated other comprehensive loss |  |  | — |  |  |  | 0.6 |  |  |  | — |  |  |  | 0.6 |
Net other comprehensive income |  |  | — |  |  |  | 0.7 |  |  |  | 11.4 |  |  |  | 12.1 |
Balance at March 31, 2018 |  | $ | 0.1 |  |  | $ | (44.4 | ) |  | $ | (41.0 | ) |  | $ | (85.3 | )
($ in millions) |  | Gains and Losses on Cash Flow Hedges |  |  | Pension & Postretirement |  |  | Foreign Currency Translation |  |  | Total |
Balance at December 31, 2016 |  | $ | (0.3 | ) |  | $ | (51.8 | ) |  | $ | (110.8 | ) |  | $ | (162.9 | )
Other comprehensive income (loss) before reclassifications |  |  | 0.3 |  |  |  | — |  |  |  | 10.1 |  |  |  | 10.4 |
Amounts reclassified from accumulated other comprehensive loss |  |  | 0.2 |  |  |  | 0.6 |  |  |  | — |  |  |  | 0.8 |
Net other comprehensive income |  |  | 0.5 |  |  |  | 0.6 |  |  |  | 10.1 |  |  |  | 11.2 |
Balance at March 31, 2017 |  | $ | 0.2 |  |  | $ | (51.2 | ) |  | $ | (100.7 | ) |  | $ | (151.7 | )
The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2018:
($ in millions) |  | Amount Reclassified from Accumulated Other Comprehensive Income (Loss) |  |  |  | Recognized Location
Amortization of pension and postretirement items |  |  |  |  |  |  |
Actuarial losses |  | $ | (1.4 | ) | (a) |  | Other income (expense) - net
Prior service cost |  |  | 0.7 |  |  |  | Other income (expense) - net
|  |  | (0.7 | ) |  |  | Total before tax
|  |  | 0.1 |  |  |  | Tax expense
|  | $ | (0.6 | ) |  |  | Net of tax
Total reclassifications for the period |  | $ | (0.6 | ) |  |  | Net of tax
(a) | These accumulated other comprehensive income (loss) components are components of net periodic pension cost (see Note 17, “Employee Benefit Plans,” for further details).
The following is a reconciliation of the reclassifications out of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2017:
($ in millions) |  | Amount Reclassified from Accumulated Other Comprehensive Income (Loss) |  |  | Recognized Location
Gains and losses on cash flow hedges |  |  |  |  |  |
Foreign exchange contracts |  | $ | (0.2 | ) |  | Cost of sales
|  |  | (0.2 | ) |  | Total before tax
|  |  | — |  |  | Tax expense
|  | $ | (0.2 | ) |  | Net of tax
Amortization of pension and postretirement items |  |  |  |  |  |
Actuarial losses |  | $ | (1.3 | ) | (a) | Other income (expense) - net
Prior service cost |  |  | 0.3 |  | (a) | Other income (expense) - net
|  |  | (1.0 | ) |  | Total before tax
|  |  | 0.4 |  |  | Tax expense
|  | $ | (0.6 | ) |  | Net of Tax
Total reclassifications for the period |  | $ | (0.8 | ) |  | Net of Tax
(a) | These accumulated other comprehensive income (loss) components are components of net periodic pension cost (see Note 17, “Employee Benefit Plans,” for further details).

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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