XML 23 R50.htm IDEA: XBRL DOCUMENT v2.4.1.9
Financing Arrangements (Details) (USD $)
0 Months Ended
Jul. 31, 2014
Mar. 12, 2015
Oct. 23, 2014
The Amended Credit Agreement [Member] | Revolving Credit Facility [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity $ 230,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
  $ 230,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
Term of debt instrument 7 years    
Option to increase availability 50,000,000pkoh_LineofCreditFacilityOptiontoIncreaseCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
   
Inventory advance rate percentage   60.00%pkoh_LineofCreditFacilityInventoryAdvanceRate
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
50.00%pkoh_LineofCreditFacilityInventoryAdvanceRate
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
The Amended Credit Agreement [Member] | Revolving Credit Facility, Canadian Sub-Limit [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity 15,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityCanadianSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
  15,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityCanadianSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
The Amended Credit Agreement [Member] | Revolving Credit Facility, European Sub-Limit [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity 10,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityEuropeanSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
  10,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityEuropeanSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
Maximum borrowing capacity, potential increase 25,000,000pkoh_LineofCreditFacilityMaximumBorrowingCapacityPotential
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityEuropeanSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
   
The Amended Credit Agreement [Member] | Term Loan [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity 16,100,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkoh_TermLoanMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
   
The Amended Credit Agreement [Member] | LIBOR [Member] | Revolving Credit Facility [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 1.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
   
The Amended Credit Agreement [Member] | LIBOR [Member] | Revolving Credit Facility [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
   
The Amended Credit Agreement [Member] | LIBOR [Member] | Term Loan [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 2.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_TermLoanMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
   
The Amended Credit Agreement [Member] | LIBOR [Member] | Term Loan [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 3.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_TermLoanMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
   
The Amended Credit Agreement [Member] | Prime lending rate [Member] | Revolving Credit Facility [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) (0.25%)us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_PrimeRateMember
   
The Amended Credit Agreement [Member] | Prime lending rate [Member] | Revolving Credit Facility [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) (1.25%)us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_PrimeRateMember
   
The Amended Credit Agreement [Member] | Prime lending rate [Member] | Term Loan [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) (0.75%)us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_TermLoanMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_PrimeRateMember
   
The Amended Credit Agreement [Member] | Prime lending rate [Member] | Term Loan [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 0.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_TermLoanMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_PrimeRateMember
   
The Amended Credit Agreement [Member] | Canadian deposit offered rate [Member] | Revolving Credit Facility, Canadian Sub-Limit [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 1.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityCanadianSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= pkoh_CanadianDepositOfferedRateMember
   
The Amended Credit Agreement [Member] | Canadian deposit offered rate [Member] | Revolving Credit Facility, Canadian Sub-Limit [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityCanadianSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= pkoh_CanadianDepositOfferedRateMember
   
The Amended Credit Agreement [Member] | Canadian prime lending rate [Member] | Revolving Credit Facility, Canadian Sub-Limit [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 0.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityCanadianSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= pkoh_CanadianPrimeLendingRateMember
   
The Amended Credit Agreement [Member] | Canadian prime lending rate [Member] | Revolving Credit Facility, Canadian Sub-Limit [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityCanadianSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= pkoh_CanadianPrimeLendingRateMember
   
The Amended Credit Agreement [Member] | US base rate [Member] | Revolving Credit Facility, Canadian Sub-Limit [Member] | Minimum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 0.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityCanadianSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MinimumMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
   
The Amended Credit Agreement [Member] | US base rate [Member] | Revolving Credit Facility, Canadian Sub-Limit [Member] | Maximum [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus) 1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityCanadianSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_SixthAmendedandRestatedCreditAgreementMember
/ us-gaap_RangeAxis
= us-gaap_MaximumMember
/ us-gaap_VariableRateAxis
= us-gaap_BaseRateMember
   
Amendment No. 1 to the Amended Credit Agreement [Member] | Revolving Credit Facility [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity   275,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_AmendmentNumberOnetoSixthAmendedandRestatedCreditAgreementMember
 
Inventory advance rate percentage to be reduced to   50.00%pkoh_LineofCreditFacilityInventoryAdvanceRatetoBeReducedtoonaProRataQuarterlyBasis
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_AmendmentNumberOnetoSixthAmendedandRestatedCreditAgreementMember
 
Term over which inventory advance rate percentage reduces   36 months  
Amount drawn   22,000,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_AmendmentNumberOnetoSixthAmendedandRestatedCreditAgreementMember
 
Term over which basis spread on variable interest rate reduces   36 months  
Amendment No. 1 to the Amended Credit Agreement [Member] | Revolving Credit Facility, Canadian Sub-Limit [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity   25,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityCanadianSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_AmendmentNumberOnetoSixthAmendedandRestatedCreditAgreementMember
 
Amendment No. 1 to the Amended Credit Agreement [Member] | Revolving Credit Facility, European Sub-Limit [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity   25,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkoh_RevolvingCreditFacilityEuropeanSubLimitMember
/ us-gaap_DebtInstrumentAxis
= pkoh_AmendmentNumberOnetoSixthAmendedandRestatedCreditAgreementMember
 
Amendment No. 1 to the Amended Credit Agreement [Member] | Term Loan [Member]      
Line of Credit Facility [Line Items]      
Maximum borrowing capacity   35,000,000.0us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= pkoh_TermLoanMember
/ us-gaap_DebtInstrumentAxis
= pkoh_AmendmentNumberOnetoSixthAmendedandRestatedCreditAgreementMember
 
Amount drawn   $ 31,200,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= pkoh_TermLoanMember
/ us-gaap_DebtInstrumentAxis
= pkoh_AmendmentNumberOnetoSixthAmendedandRestatedCreditAgreementMember
$ 15,500,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= pkoh_TermLoanMember
/ us-gaap_DebtInstrumentAxis
= pkoh_AmendmentNumberOnetoSixthAmendedandRestatedCreditAgreementMember
Amendment No. 1 to the Amended Credit Agreement [Member] | LIBOR [Member] | Revolving Credit Facility [Member]      
Line of Credit Facility [Line Items]      
Basis spread on variable interest rate - plus (minus)   3.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= pkoh_AmendmentNumberOnetoSixthAmendedandRestatedCreditAgreementMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember