XML 40 R29.htm IDEA: XBRL DOCUMENT v3.20.2
Derivatives and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of outstanding interest rate derivatives that were designated as cash flow hedges
Interest Rate Derivative   Number of
Instruments		   Notional
Interest rate swaps   2     £95 million at a fixed rate of 0.9255% based on the 6-month LIBOR rate and €60 million at a fixed rate of 0.102% based on the 6 month EUROLIBOR rate
Schedule of fair value of derivative financial instruments
    Balance Sheet
Classification		   Asset
Derivatives
Fair Value		     Balance Sheet
Classification		   Liability
Derivatives
Fair Value		  
        (in millions)         (in millions)  
Derivatives designated as hedging instruments:                        
Interest Rate Products   Fair Value of Hedging Instruments   $      —     Other Current Liabilities and long term Derivative Liability   $        (2.1  )
Total derivatives designated as hedging instruments       $ —         $ (2.1 )
Schedule of accumulated other comprehensive income
    Amount of Gain/(Loss)
Recognized in
Other
Comprehensive
Income on
Derivative		         Location of 
Gain/(Loss)
Reclassified
from
Accumulated Other
Comprehensive
Income into
Income		  
    (in millions)         (in millions)  
Interest Rate and Foreign Exchange Products   $ (2.3 )   Interest Expense   $      (0.7 )
Total   $ (2.3 )       $ (0.7 )
Schedule of consolidated income statements
   Interest
Expense		 
   (in millions) 
Total amounts of income and expense line items presented in the statement of operations and comprehensive loss in which the effects of fair value or cash flow hedges are recorded  $14.2 
      
Gain/(loss) on cash flow hedging relationships in Subtopic 815-20  $(0.7)
Schedule of offsetting of derivative assets
Offsetting of Derivative Assets
June 30, 2020                                    
                      Gross Amounts Not Offset in the
Statement of Financial Position		  
    Gross
Amounts
of Recognized
Assets		     Gross
Amounts
Offset in the
Statement of
Financial
Position		     Net Amounts
of Assets
presented
in the
Statement
of Financial
Position		     Financial
Instruments		     Cash
Collateral
Received		     Net
Amount		  
    (in millions)  
Fair value of hedging instrument   $             —     $               —     $              —     $               —     $             —     $            —  
Schedule of offsetting of derivative liabilities
Offsetting of Derivative Liabilities
June 30, 2020                                    
                      Gross Amounts Not Offset in the
Statement of Financial Position		  
    Gross
Amounts
of Recognized
Liabilities		     Gross
Amounts
Offset in the
Statement of
Financial
Position		     Net Amounts
of Liabilities
presented
in the
Statement
of Financial
Position		     Financial
Instruments		     Cash
Collateral
Received		     Net
Amount		  
    (in millions)  
Fair value of hedging instrument   $ 2.1     $         —     $ 2.1     $              —     $           —     $            —