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Derivatives
9 Months Ended
Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives
Derivatives
 
During the three months ended March 31, 2018, the Company entered into three additional interest rate swap agreements with a combined notional amount of $300.0 million to help mitigate interest rate risk related to the variable rate Term Loan Facility. During the three months ended March 31, 2017, the Company entered into four interest rate swap agreements with a combined notional amount of $300.0 million to help mitigate interest rate risk related to the variable rate Term Loan Facility. The swap agreements expire at various dates from February 2020 through February 2023 and are accounted for as cash flow hedges. Gains or losses resulting from changes in the fair value of the swaps are recorded in other comprehensive income. Gains and losses recorded in other comprehensive income are reclassified into and recognized in income when the interest expense on the Term Loan Facility is recognized.

Derivative assets and liabilities at June 30, 2018 and September 30, 2017 consisted of the following:
 
Recorded to
 
June 30, 2018
 
September 30, 2017
Short-term derivative asset
Other current assets
 
$
1.6

 
$
—

Long-term derivative asset
Other non-current assets
 
$
6.7

 
$
0.3

Short-term derivative liability
Accrued expenses and other liabilities
 
$
0.4

 
$
1.1

Long-term derivative liability
Other non-current liabilities
 
$
—

 
$
0.2

Other Comprehensive Income(1)
Accumulated other comprehensive income
 
$
6.2

 
$
—


(1) Other Comprehensive Income for the fiscal year ended September 30, 2017 was less than $0.1 million

Gains and losses (net of reclassifications into income, including any ineffective portion) related to the interest rate swaps were as follows:
 
 
 
Three Months Ended June 30,
 
Nine Months Ended June 30,
 
Recorded to
 
2018
 
2017
 
2018
 
2017
Realized loss
Interest expense
 
$
0.3

 
$
1.2

 
$
1.0

 
$
1.5

Unrealized gain (loss), net of tax
Other comprehensive income (loss)
 
$
2.1

 
$
(0.7
)
 
$
6.2

 
$
(0.4
)


The tax impact of the unrealized gains and losses related to the interest-rate swaps was $0.9 million and $2.5 million for the three and nine months ended June 30, 2018, respectively, and $0.3 million for the three and nine months ended June 30, 2017. At June 30, 2018, $1.7 million in unrealized gains were expected to be realized and recognized in income within the next twelve months.

See Note 9 for additional information on the Company’s fair value of the derivative instruments.