Debt (Tables)

12 Months Ended

Dec. 31, 2017

Debt Disclosure [Abstract]

Schedule of long-term debt

Long-term debt consisted of the following:

	December 31,
	2017			2016
2021 Senior Notes (5.25% fixed rate) due May 2021	$	175.0		$	175.0
Global Revolving Credit Facilities (variable rates) due December 2019	76.9			42.9
Second German Loan Agreement (2.45% fixed rate) due in 32 equal quarterly installments ending September 2022	6.4			6.8
Deferred financing costs	(2.8		)	(3.8		)
Total Debt	255.5			220.9
Less: Debt payable within one year	1.4			1.2
Long-term debt	$	254.1		$	219.7

Schedule of ABR interest rates applicable to outstanding borrowings

ABR borrowings under the Global Revolving Credit Facilities will bear interest at the highest interest rate shown in the following table:

	Applicable Margin
	U.S. Revolving Credit Facility	German Revolving Credit Facility
Prime rate	0.00%-0.50%	Not applicable
Federal funds rate +0.50%	0.00%-0.50%	Not applicable
Monthly LIBOR (which cannot be less than zero percent) +1.00%	0.00%-0.50%	Not applicable
Overnight LIBOR (which cannot be less than zero percent)	Not applicable	1.50%-2.00%

Schedule of debt payments

The following table presents the Company's required debt payments:

	2018		2019		2020		2021		2022		Thereafter		Total
Debt payments	$	1.4	$	78.2	$	1.3	$	176.4	$	1.0	$	—	$	258.3