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Stockholders' Equity
6 Months Ended
Jun. 30, 2020
Equity [Abstract]  
Stockholders' Equity Stockholders' Equity
Stockholder Rights Plan
On March 15, 2019, the Board of Directors (the "Board") declared a dividend of one preferred share purchase right (a “Right”) for each outstanding share of GCP common stock with par value $0.01 per share and adopted a stockholder rights plan (the “Rights Agreement”), as described in Note 13, "Stockholders' Equity," to the Company's Consolidated Financial Statements included in the 2019 Annual Report in the Form 10-K. The Rights were not becoming exercisable until 10 days after the public announcement that a person or group has become an “Acquiring Person” (as defined in the Rights Agreement) by obtaining beneficial ownership of 15% or more of the Company’s outstanding shares of common stock. If a stockholder’s beneficial ownership as of March 15, 2019 was at or above 15%, that stockholder’s existing ownership percentage would be grandfathered, but the Rights would become exercisable if at any time after an announcement that the stockholder increases its ownership percentage by 0.001% or more. The Rights were initially set to expire on March 14, 2020. 
On March 13, 2020, the Board approved an amendment to the Rights Agreement which raised the level of beneficial ownership for an Acquiring Person to 20% of the Company's outstanding shares of common stock and extended the final expiration date of the Rights Agreement to March 14, 2023, subject to stockholders' approval at GCP's 2020 Annual Meeting of Shareholders (the “Annual Meeting”). If a stockholder's beneficial ownership on March 15, 2019 was at or above 20%, that stockholder's existing ownership percentage would be grandfathered, but the Rights would become exercisable if the stockholder increases its ownership percentage by 0.001% or more. The amendment to the Rights Agreement was approved at the Annual Meeting held on May 28, 2020.
Preferred Stock
        The Company is authorized to issue up to 50,000,000 shares of Preferred Stock with a par value of $0.01 per share. On March 15, 2019, GCP designated 10,000,000 shares of its Preferred Stock with a par value of $0.01 per share as Series A Junior Participating Preferred Stock.
Stockholders' Equity Activity
        The following table summarizes the Company’s stockholders' equity activity during the three months ended June 30, 2020 and 2019.
Common StockTreasury Stock
(In millions)Number of SharesPar ValueNumber of SharesCostAdditional Paid-in CapitalAccumulated EarningsAccumulated Other Comprehensive LossNoncontrolling InterestsTotal Stockholders' Equity
Balance, March 31, 201972.9  $0.7  0.3  $(8.0) $44.6  $585.3  $(116.8) $2.2  $508.0  
Net income—  —  —  —  —  2.6  —  —  2.6  
Share-based compensation—  —  —  —  3.9  —  —  —  3.9  
Exercise of stock options0.1  —  —  —  1.7  —  —  —  1.7  
Other comprehensive loss—  —  —  —  —  —  (3.9) —  (3.9) 
Balance, June 30, 201973.0  $0.7  0.3  $(8.0) $50.2  $587.9  $(120.7) $2.2  $512.3  
Balance, March 31, 202073.3  $0.7  0.4  $(8.9) $54.3  $611.3  $(150.5) $2.5  $509.4  
Net (loss) income—  —  —  —  —  (1.3) —  0.1  (1.2) 
Share-based compensation—  —  —  —  2.3  —  —  —  2.3  
Exercise of stock options—  —  —  —  0.3  —  —  —  0.3  
Other comprehensive income—  —  —  —  —  —  4.8  —  4.8  
Dividends and other changes in noncontrolling interest—  —  —  —  —  —  —  (0.4) (0.4) 
Balance, June 30, 202073.3  $0.7  0.4  $(8.9) $56.9  $610.0  $(145.7) $2.2  $515.2  

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