XML 48 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Accounting Policies [Abstract]  
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.

 
 
December 31, 2017
 
December 31, 2016
 
 
Carrying
Value
 
Fair
Value (a)
 
Carrying
Value
 
Fair
Value (a)
2021 Senior Notes (5.25% fixed rate)
 
$
175.0

 
$
170.2

 
$
175.0

 
$
169.5

Global Revolving Credit Facilities (variable rates)
 
76.9

 
76.9

 
42.9

 
42.9

Second German Loan Agreement (2.5% fixed rate)
 
6.4

 
6.4

 
6.8

 
6.8

Total debt
 
$
258.3

 
$
253.5

 
$
224.7

 
$
219.2

_______________________

(a)
Fair value for all debt instruments was estimated from Level 2 measurements.
Schedule of level 3 defined benefit pension plan assets measured at fair value
The following table summarizes the changes in Level 3 defined benefit pension plan assets measured at fair value on a recurring basis for the year ended December 31, 2017:
 
 
 
 
Return on plan assets
 
 
 
 
Fair Value at January 1
 
Attributable to Assets Held at December 31
 
Attributable to Assets Sold
 
Net Purchases/ (Settlements)
 
Transfers into/ (out of) Level 3
 
Foreign currency effects
 
Fair
Value at December 31
Insurance contract
 
$

 
$
0.2

 
$

 
$
0.1

 
$
46.8

 
$
1.3

 
$
48.4