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Background and Basis of Presentation (Tables)
 6 Months Ended
Jun. 30, 2019
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 Per Basic Common Share
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Income (loss) from continuing operations
 
$
13.6

 
$
(4.8
)
 
$
25.4

 
$
11.4

Amounts attributable to participating securities
 
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.1
)
Net income (loss) available to common stockholders
 
$
13.5

 
$
(4.9
)
 
$
25.2

 
$
11.3

 
 
 
 
 
 
 
 
 
Weighted-average basic shares outstanding
 
16,863

 
16,827

 
16,861

 
16,842

 
 
 

 
 

 
 
 
 
Basic earnings (loss) per share
 
$
0.80

 
$
(0.29
)
 
$
1.50

 
$
0.67

 


Earnings Per Diluted Common Share 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
2019
 
2018
 
2019
 
2018
Income (loss) from continuing operations
 
$
13.6

 
$
(4.8
)
 
$
25.4

 
$
11.4

Amounts attributable to participating securities
 
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.1
)
Net income (loss) available to common stockholders
 
$
13.5

 
$
(4.9
)
 
$
25.2

 
$
11.3

 
 
 
 
 
 
 
 
 
Weighted-average basic shares outstanding
 
16,863

 
16,827

 
16,861

 
16,842

Add: Assumed incremental shares under stock compensation plans (a)
 
47

 
—

 
53

 
147

Weighted-average diluted shares
 
16,910

 
16,827

 
16,914

 
16,989

 
 
 

 
 

 
 

 
 

Diluted earnings (loss) per share
 
$
0.80

 
$
(0.29
)
 
$
1.49

 
$
0.66

 
(a)        For the three months ended June 30, 2019 and 2018, there were 230,928 and 250,095 potentially dilutive options, respectively, 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 six months ended  June 30, 2019 and 2018, there were 231,129 and 196,530 potentially dilutive options, respectively, similarly excluded from the computation of dilutive common shares. In addition, as a result of the loss from continuing operations for the three months ended June 30, 2018, approximately 126,000 incremental shares resulting from the dilutive options were excluded from the diluted earnings per share calculation, as the effect would have been anti-dilutive.
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. 
 
 
June 30, 2019
 
December 31, 2018
 
 
Carrying
Value
 
Fair Value (a)
 
Carrying
Value
 
Fair Value (a)
2021 Senior Notes (5.25% fixed rate)
 
$
175.0

 
$
173.3

 
$
175.0

 
$
170.5

Global Revolving Credit Facilities (variable rates)
 
43.4

 
43.4

 
57.9

 
57.9

German loan agreement (2.45% fixed rate)
 
4.2

 
4.3

 
4.8

 
5.1

German loan agreement (1.45% fixed rate)
 
4.5

 
4.5

 
4.9

 
4.9

Total debt
 
$
227.1

 
$
225.5

 
$
242.6

 
$
238.4


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