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Derivatives (Tables)
9 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments, Statements of Financial Performance and Financial Position
The following table provides the fair value of the Company’s derivative as reflected in the Condensed Consolidated Balance Sheet (in millions):
 
Fair value
Balance sheet classification
September 30, 2016
Derivative:
 
Contingent Payment Derivative
 
Prepaid expenses and other current assets
$
4.2


The following table provides the revaluation effect of the Company’s derivative on the Condensed Consolidated Statements of Operations (in millions):
 
 
 
 
Amount of gain (loss) recognized in income (loss)
Derivative
 
Classification of gain (loss) recognized in income (loss)
 
Three months ended September 30, 2016
 
Nine months ended September 30, 2016
Contingent Payment Derivative
 
Other - net
 
$
(2.2
)
 
$
(2.0
)