Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

Estimated Fair Value of Financial Instruments

The estimated fair values of our financial instruments are as follows: 

	September 30, 2020						December 31, 2019
	Carrying amount			Estimated fair value			Carrying amount			Estimated fair value
(Liabilities), net:
Total long-term debt, including current portion	$	(681.5	)	$	(681.5	)	$	(610.8	)	$	(610.8	)
Interest rate swap contracts		(30.6	)		(30.6	)		(14.3	)		(14.3	)
Contingent consideration		(15.9	)		(15.9	)		-			-

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The fair value measurement of liabilities measured at fair value on a recurring basis and reported on the Condensed Consolidated Balance Sheets is summarized below:

	September 30, 2020						December 31, 2019
	Fair value based on						Fair value based on
	Other observable inputs			Other unobservable inputs			Other observable inputs			Other unobservable inputs
	Level 2			Level 3			Level 2			Level 3
Assets/(liabilities), net:
Interest rate swap contracts	$	(30.6	)	$	-		$	(14.3	)	$	-
Contingent consideration		-			(15.9	)		-			-

Schedule of Weighted-average Of Significant Unobservable Inputs

The following table summarizes the weighted-average of the significant unobservable inputs as of September 30, 2020:

	Moz			Turf
Unobservable input
Volatility		27.6	%		27.2	%
Discount rates		4.7	%		4.7	%