Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2015

Employee Contributions Under Defined Contribution Plans And Supplemental Employer Contributions

The match of employee contributions under defined contribution plans and supplemental employer contributions for the years ended December 31, 2015, 2014 and 2013 were as follows:

	Year Ended December 31,
(In millions)	2015		2014		2013
Company match of employee contributions	$	1.1	$	0.2	$	0.2
Supplemental employer contribution		0.4		—		—

Components of Net Period Benefit Expense

The following table presents the components of the net periodic benefit expense under the German defined benefit pension plans for the year ended December 31, 2015:

	Year Ended December 31,
(In millions)	2015
Service cost	$	0.9
Interest cost		0.7
Expected return on plan assets		(0.1	)
Net periodic benefit expense	$	1.5

Changes in Projected Benefit Obligations and Plan Assets

The following table reflects changes in projected benefit obligations and plan assets during the year ended December 31, 2015:

	Year Ended December 31,
(In millions)	2015
Changes in projected benefit obligations:
Projected benefit obligations, beginning of period	$	—
Projected benefit obligations assumed in business combination		49.8
Service cost		0.9
Interest cost		0.7
Actuarial gain		(7.2	)
Benefits paid		(0.8	)
Currency translation and other		(1.2	)
Projected benefit obligations, end of period		42.2
Changes in plan assets:
Fair value of plan assets, beginning of period		—
Fair value of plan assets acquired in business combination		3.8
Employer contributions		0.5
Actual return on plan assets		0.1
Currency translation and other		(0.2	)
Fair value of plan assets, end of period		4.2
Net amount recognized	$	38.0

Amounts Recognized in Consolidated Balance Sheet

The following table provides additional information about amounts recognized in the consolidated balance sheet as of December 31, 2015:

	Year Ended December 31,
(In millions)	2015
Pension benefit obligations	$	38.0
Net actuarial gain recognized in accumulated other comprehensive income (before tax)		7.1
Amortization of net actuarial gain expected to be recognized during the next fiscal year (before tax)		0.3
Accumulated benefit obligation		37.5
Projected employer contribution for 2016		0.6

Summary of Assumptions Used to Measure Accrued Pension Benefits

The following assumptions were utilized to measure accrued pension benefits as of the acquisition date:

Discount rate	1.7	%
Rate of compensation increase	3.0	%
Pension increase	1.8	%
Turnover	2.0	%

Estimated Future Benefit Payments for Company's Pension Plans Expected Future Service

Expected Future Benefit Payments. The following table provides estimated benefit payments for the Company’s pension plans, which reflect expected future service:

	Years Ended December 31,
(In millions)	2016		2017		2018		2019		2020		2021 - 2025
Expected future benefit payments	$	0.9	$	1.0	$	1.1	$	1.2	$	1.3	$	7.5

Benefit Obligations

Summary of Assumptions Used to Measure Accrued Pension Benefits

The following table provides assumptions used to determine benefit obligations as of December 31, 2015:

	December 31,
	2015
Discount rate		2.4	%
Rate of compensation increase		2.8	%
Pension increase		1.6	%
Turnover		2.0	%

Net Periodic Benefit Cost

Summary of Assumptions Used to Measure Accrued Pension Benefits

The following table reflects the assumptions used to determine the net periodic benefit cost for the year ended December 31, 2015:

	Year Ended December 31,
	2015
Discount rate		1.7	%
Expected return on plan assets		1.5	%
Rate of compensation increase		3.0	%