Financial Instruments and Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Fair Value Disclosures [Abstract]

Schedule of Interest Rate Derivatives

	March 19, 2019 Interest Rate Swap	February 7, 2017 Interest Rate Swap
Effective date	March 29, 2019	February 28, 2017
Termination date	March 28, 2024	February 28, 2022
Term	5 years	5 years
Notional amount	$130.0	$250.0
Fixed swap rate	2.43%	1.89%

The fair values of the interest rate swaps classified as Level 2 as of December 31, 2021 and 2020, were as follows:

	Balance Sheet Location	December 31, 2021		December 31, 2020
Interest rate swap liabilities	Other current liabilities	$	(0.7)	$	—
Interest rate swap liabilities	Other long-term liabilities	(4.4)		(14.4)

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The cash flows associated with the interest rate swaps have been recognized as an adjustment to interest expense in the consolidated statements of operations:

	Year Ended December 31,
	2021		2020
Cash Flow Impacts
Net interest paid	$	7.6	$	5.6
Impacts with Swaps as Hedging Instruments
Loss recognized in other comprehensive loss	$	—	$	11.1
Impacts with Swaps as Nonhedging Instruments
Income recognized in interest expense excluded from hedge effectiveness assessments	$	(9.3)	$	(3.1)
Amounts reclassified out of accumulated other comprehensive loss to interest expense	7.1		3.6
Net interest expense	7.6		5.6
Total impact of swaps to interest expense	$	5.4	$	6.1