XML 31 R19.htm IDEA: XBRL DOCUMENT v3.10.0.1
Sale-Leaseback Transaction
6 Months Ended
Jun. 30, 2018
Leases [Abstract]  
Sale-Leaseback Transaction
Sale-Leaseback Transaction
In December 2017, the Company completed the sale of certain manufacturing equipment in the Company's Advanced Plastic Processing Equipment segment. The Company received proceeds of $8.0 million in January 2018 from the sale and recorded a loss of $0.4 million during the year ended December 31, 2017. In connection to the sale, the Company simultaneously entered into an agreement to lease back the equipment for a period of six years with a total of approximately $8.0 million to be paid over the term of the lease in accordance with the rent schedule included in the lease agreement. The lease has been classified as an operating lease and the Company has an option to purchase the equipment at the future fair value upon expiration of the lease.