Leases (Tables)

12 Months Ended

Dec. 31, 2020

Leases [Abstract]

Operating Lease Cost

Additional information related to the Company’s operating leases is reflected in the tables below:

	Years Ended December 31,
(in millions)	2020		2019
Operating lease expense	$	2.6	$	2.6
Cash paid for operating leases included in operating cash flows	2.7		2.7

Assets and Liabilities

	December 31,
(in millions)	2020			2019
Operating lease right-of-use asset	$	6.6		$	3.9
Operating lease short-term liability	1.9			1.8
Operating lease long-term liability	4.7			2.0
Weighted average remaining lease term (in years)	6.55			4.66
Weighted average discount rate used in calculating right-of-use asset	3.66		%	3.56		%

Future Minimum Lease Payments

Future annual minimum lease payments as of December 31, 2020 are as follows (in millions):

2021	$	2.0
2022	1.2
2023	0.9
2024	0.6
2025	0.5
2026 and thereafter	2.2
Total lease payments	$	7.4
Less: Interest	(0.8)
Operating lease liabilities	$	6.6