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Fair value of financial instruments (Tables)
12 Months Ended
Dec. 31, 2020
Fair value of financial instruments  
Schedule of estimated carrying values and fair values of financial instruments

December 31, 

 

2020

2019

 

Carrying

Carrying

 

Amount

Fair Value

Amount

Fair Value

 

Long-term debt, including current portion

$

487.2

$

539.0

$

560.4

$

589.5

Convertible debentures

 

90.3

 

94.6

 

88.5

 

93.0

Schedule of recurring measurements of fair value hierarchy of financial assets and liabilities

December 31, 2020

 

Level 1

Level 2

Level 3

Total

 

Assets:

    

    

    

    

    

    

    

    

Cash and cash equivalents

$

38.8

$

$

$

38.8

Restricted cash

 

7.1

 

 

 

7.1

Derivative instruments asset

 

 

0.4

 

 

0.4

Total

$

45.9

$

0.4

$

$

46.3

Liabilities:

Derivative instruments liability

$

$

17.6

$

1.5

$

19.1

Total

$

$

17.6

$

1.5

$

19.1

December 31, 2019

 

Level 1

Level 2

Level 3

Total

 

Assets:

    

    

    

    

    

    

    

    

Cash and cash equivalents

$

74.9

$

$

$

74.9

Restricted cash

 

7.7

 

 

 

7.7

Derivative instruments asset

 

 

0.7

 

 

0.7

Total

$

82.6

$

0.7

$

$

83.3

Liabilities:

Derivative instruments liability

$

$

24.7

$

3.2

$

27.9

Total

$

$

24.7

$

3.2

$

27.9

Schedule of FVM of conversion option derivative

    

Fair value
Measurement
Using Significant
Unobservable
Inputs (Level 3)

Year Ended

December 31, 2020

Beginning balance of liability at January 1, 2020

$

3.2

Total unrealized gain

 

(1.8)

Currency translation loss

 

0.1

Ending balance of liability at December 31, 2020

$

1.5