XML 27 R30.htm IDEA: XBRL DOCUMENT v2.4.0.6
Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2013
Derivative Financial Instruments [Abstract]  
Liability derivatives
As of March 31, 2013 and December 31, 2012, the fair value of the Company's derivative instruments included in the accompanying Condensed Consolidated Balance Sheets were recorded as follows:
 
(in millions)       
 Liability Derivatives 
 Balance Sheet Location 
Fair Value
 
   
March 31,
  
December 31,
 
   
2013
  
2012
 
Derivatives designated as hedging instruments
        
Interest rate swap - current
Accrued expenses and other current liabilities
 $1.7  $2.3 
Interest rate swap - non-current
Other non-current liabilities
  2.0   2.0 
     $3.7  $4.3 

Effect of derivative instruments on condensed consolidated statement of income
The effect of derivative instruments on the accompanying Condensed Consolidated Statements of Income for the three months ended March 31, 2013 was as follows:

(in millions)
                  
Derivatives
Designated as
Cash Flow
Hedging
Relationships
 
Amount of
Gain/(Loss) Recognized in Accumulated OCL on Derivative (Effective
Portion)
 
Location of
Gain/(Loss)
Reclassified
from
Accumulated
OCL into
Income
(Effective
Portion)
 
Amount of
Gain/(Loss) Reclassified
from
Accumulated OCL into
Income
(Effective
Portion)
 
Location of
Gain/(Loss)
Recognized in
Income on
Derivative
(Ineffective
Portion and
Amount
Excluded from
Effectiveness
Testing)
 
Amount of
Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount
Excluded from Effectiveness Testing)
 
Interest rate swap
 
$
(0.6)
 
Interest expense, net
 
$
(0.8
)
Interest expense, net
 
$
 

The effect of derivative instruments on the accompanying Condensed Consolidated Statements of Income for the three months ended March 31, 2012 was as follows:

(in millions)
                  
Derivatives
Designated as
Cash Flow
Hedging
Relationships
 
Amount of
Gain/(Loss) Recognized in Accumulated OCL on Derivative (Effective
Portion)
 
Location of
Gain/(Loss)
Reclassified
from
Accumulated
OCL into
Income (Effective
Portion)
 
Amount of
Gain/(Loss) Reclassified
from
Accumulated OCL into
Income
(Effective
Portion)
 
Location of
Gain/(Loss)
Recognized in
Income on
Derivative
(Ineffective
Portion and
Amount
Excluded from
Effectiveness
Testing)
 
Amount of
Gain/(Loss) Recognized in Income on Derivative (Ineffective Portion and Amount
Excluded from Effectiveness Testing)
 
Interest rate swap
 
$
(0.4)
 
Interest expense, net
 
$
(0.8
)
Interest expense, net
 
$