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Financial Instruments and Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives
The following table summarizes the notional amounts, related rates and remaining terms of interest rate swap agreements active at December 31:
 
Notional Amount
 
Average Fixed Rate
 
Remaining Term at
 
2012
 
2011
 
2012
 
2011
 
December 31, 2012
HBB
$
25.0

 
$
40.0

 
4.0
%
 
4.6
%
 
extending to June 2013
Schedule of the Fair Value of Derivative Instruments Recorded in the Consolidated Balance Sheets
The following table summarizes the fair value of derivative instruments at December 31 as recorded in the Consolidated Balance Sheets:
 
Asset Derivatives
 
Liability Derivatives
 
Balance sheet location
 
2012
 
2011
 
Balance sheet location
 
2012
 
2011
Derivatives designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
 
Interest rate swap agreements
 
 
 
 
 
 
 
 
 
 
 
Current
Other current liabilities
 
$

 
$

 
Other current liabilities
 
$
0.5

 
$
1.1

Long-term
Other long-term liabilities
 

 

 
Other long-term liabilities
 

 
0.4

Foreign currency exchange contracts
 
 
 
 
 
 
 
 
 
 
 
Current
Prepaid expenses and other
 

 
0.4

 
Prepaid expenses and other
 

 

Total derivatives designated as hedging instruments
 
 
$

 
$
0.4

 
 
 
$
0.5

 
$
1.5

Schedule of the Pre-Tax Impact of Derivative Instruments Recorded in the Consolidated Statement of Operations
The following table summarizes the pre-tax impact of derivative instruments for each year ended December 31 as recorded in the Consolidated Statements of Operations:
Derivatives in Cash Flow Hedging Relationships
 
Amount of Gain or (Loss)
Recognized in OCI on
Derivative (Effective Portion)
 
Location of Gain or
(Loss) Reclassified
from OCI into
Income (Effective
Portion)
 
Amount of Gain or (Loss)
Reclassified from OCI
into Income (Effective Portion)
 
Location of Gain or
(Loss) Recognized
in Income on
Derivative
(Ineffective
Portion and Amount
Excluded from
Effectiveness
Testing)
 
Amount of Gain or (Loss) Recognized
in Income on Derivative
Portion and Amount Excluded from
Effectiveness Testing)
 
 
2012
 
2011
 
2010
 
 
 
2012
 
2011
 
2010
 
 
 
2012
 
2011
 
2010
Interest rate swap agreements
 
$
(0.1
)
 
$
(0.4
)
 
$
(2.1
)
 
Interest expense
 
$
(1.2
)
 
$
(2.0
)
 
$
(3.7
)
 
N/A
 
$

 
$

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency exchange contracts
 
(0.3
)
 
1.7

 
0.1

 
Cost of sales
 
0.1

 
0.9

 
(0.1
)
 
N/A
 

 

 

Total
 
$
(0.4
)
 
$
1.3

 
$
(2.0
)
 
 
 
$
(1.1
)
 
$
(1.1
)
 
$
(3.8
)
 
 
 
$

 
$

 
$

 
 
 
 
Amount of Gain or (Loss)
Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments
 
Location of Gain or (Loss) Recognized in Income on Derivative
 
2012
 
2011
 
2010
Interest rate swap agreements
 
Other
 
$

 
$

 
$

Foreign currency exchange contracts
 
Cost of sales or Other
 
(0.2
)
 
(0.1
)
 

Total
 
 
 
$
(0.2
)
 
$
(0.1
)
 
$