XML 70 R41.htm IDEA: XBRL DOCUMENT v3.6.0.2
Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of the Company's Debt

The Company’s debt as of December 31, 2016 and 2015 consisted of the following:

 

 

2016

 

 

2015

 

Term Loan Credit Facility

$

298.3

 

 

$

 

8.25% senior notes due October 15, 2024

 

300.0

 

 

 

 

Other

 

 

 

 

8.8

 

Unamortized debt issuance costs

 

(11.3

)

 

 

 

Total debt

 

587.0

 

 

 

8.8

 

Less: current portion

 

 

 

 

(8.8

)

Long-term debt

$

587.0

 

 

$

 

 

Schedule of Future Maturities of Debt

At December 31, 2016, the future maturities of debt were as follows:

 

 

Amount

 

2017

$

 

2018

 

 

2019

 

6.9

 

2020

 

17.5

 

2021

 

17.5

 

2022 and thereafter

 

558.1

 

Total(a)

$

600.0

 

 

(a)

Excludes unamortized debt issuance costs of $11.3 million and a discount of $1.7 million which do not represent contractual commitments with a fixed amount or maturity date.

Summary of Interest Expense

The following table summarizes interest expense included in the Consolidated and Combined Statements of Operations:

 

 

2016

 

 

2015

 

 

2014

 

Interest incurred

$

12.2

 

 

$

1.1

 

 

$

1.5

 

Less: interest capitalized as property, plant and equipment

 

(0.5

)

 

 

 

 

 

 

Interest expense, net

$

11.7

 

 

$

1.1

 

 

$

1.5