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Background and Basis of Presentation (Tables)
 9 Months Ended
Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of computation of basic and diluted EPS
The following table presents the computation of basic and diluted EPS (dollars in millions except per share amounts, shares in thousands):
 
Earnings (Loss) Per Basic Common Share
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
Income from continuing operations
 
$
16.4

 
$
13.5

 
$
57.0

 
$
46.0

Amounts attributable to participating securities
 
(0.2
)
 
(0.2
)
 
(0.6
)
 
(0.5
)
Income from continuing operations available to common stockholders
 
16.2

 
13.3

 
56.4

 
45.5

Loss from discontinued operations, net of income taxes
 
—

 
(7.4
)
 
(0.4
)
 
(6.9
)
Amounts attributable to participating securities
 
—

 
0.1

 
—

 
0.1

Net income available to common stockholders
 
$
16.2

 
$
6.0

 
$
56.0

 
$
38.7

Weighted-average basic shares outstanding
 
16,771

 
16,738

 
16,774

 
16,737

Basic earnings (loss) per share
 
 

 
 

 
 

 
 

Continuing operations
 
$
0.97

 
$
0.79

 
$
3.36

 
$
2.72

Discontinued operations
 
—

 
(0.43
)
 
(0.02
)
 
(0.41
)
 
 
$
0.97

 
$
0.36

 
$
3.34

 
$
2.31

 


Earnings (Loss) Per Diluted Common Share 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2016
 
2015
 
2016
 
2015
Income from continuing operations
 
$
16.4

 
$
13.5

 
$
57.0

 
$
46.0

Amounts attributable to participating securities
 
(0.2
)
 
(0.2
)
 
(0.6
)
 
(0.5
)
Income from continuing operations available to common stockholders
 
16.2

 
13.3

 
56.4

 
45.5

Loss from discontinued operations, net of income taxes
 
—

 
(7.4
)
 
(0.4
)
 
(6.9
)
Amounts attributable to participating securities
 
—

 
0.1

 
—

 
0.1

Net income available to common stockholders
 
$
16.2

 
$
6.0

 
$
56.0

 
$
38.7

Weighted-average basic shares outstanding
 
16,771

 
16,738

 
16,774

 
16,737

Add: Assumed incremental shares under stock compensation plans (a)
 
317

 
211

 
294

 
254

Weighted-average diluted shares
 
17,088

 
16,949

 
17,068

 
16,991

Diluted earnings (loss) per share
 
 

 
 

 
 

 
 

Continuing operations
 
$
0.95

 
$
0.78

 
$
3.30

 
$
2.68

Discontinued operations
 
—

 
(0.43
)
 
(0.02
)
 
(0.40
)
 
 
$
0.95

 
$
0.35

 
$
3.28

 
$
2.28

 

(a)         For the three months ended September 30, 2016, there were no antidilutive options. For the three months ended September 30, 2015, approximately 90,000 potentially dilutive options were excluded from the computation of dilutive common shares because the exercise price of such options exceeded the average market price of the Company’s common stock. For the nine months ended September 30, 2016 and 2015, approximately 47,000 and 45,000 potentially dilutive options, respectively, were excluded from the computation of dilutive common shares because the exercise price of such options exceeded the average market price of the Company’s common stock for the respective nine month periods during which the options were outstanding.
Schedule of the carrying value and fair value of the Company's debt
The following table presents the carrying value and the fair value of the Company’s debt. 
 
 
September 30, 2016
 
December 31, 2015
 
 
Carrying
Value
 
Fair Value (a)(b)
 
Carrying
Value
 
Fair Value (a)(b)
2021 Senior Notes (5.25% fixed rate)
 
$
175.0

 
$
175.1

 
$
175.0

 
$
169.9

Global Revolving Credit Facilities (variable rates)
 
32.7

 
32.7

 
51.1

 
51.1

German loan agreement (2.45% fixed rate)
 
7.6

 
7.5

 
8.3

 
8.3

Total debt
 
$
215.3

 
$
215.3

 
$
234.4

 
$
229.3

(a)         The fair value for all debt instruments was estimated from Level 2 measurements.
(b)         The fair value of short and long-term debt is estimated using rates currently available to the Company for debt of the same remaining maturities.