Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss) (Tables)

v3.10.0.1
Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the activity, by component, related to the change in AOCI.
 
Foreign Currency Translation Adjustments
 
Derivative Adjustments
 
Pension and Postretirement Adjustments
 
Total Accumulated Other Comprehensive (Loss) Income
Balance, December 31, 2017
$
7.7

 
$
(1.0
)
 
$
(59.2
)
 
$
(52.5
)
Cumulative effect of adoption of ASU 2018-02 as of January 1

 
0.1

 
(12.7
)
 
(12.6
)
Other comprehensive (loss) income before reclassifications, net of tax impact of $- , ($0.5), ($0.1), and ($0.6)
(1.5
)
 
1.2

 

 
(0.3
)
Amounts reclassified from accumulated other comprehensive income

 
0.5

 
4.6

 
5.1

Net current period other comprehensive (loss) income
(1.5
)
 
1.7

 
4.6

 
4.8

Balance, June 30, 2018
$
6.2

 
$
0.8

 
$
(67.3
)
 
$
(60.3
)
 
 
 
 
 
 
 
 
Balance, December 31, 2016
0.5

 
0.5

 
(60.8
)
 
(59.8
)
Other comprehensive income (loss) before reclassifications, net of tax impact of $- , $0.6, ($0.2), and $0.4
3.4

 
(0.9
)
 
(0.3
)
 
2.2

Amounts reclassified from accumulated other comprehensive income

 

 
2.7

 
2.7

Net current period other comprehensive income (loss)
3.4

 
(0.9
)
 
2.4

 
4.9

Balance, June 30, 2017
$
3.9

 
$
(0.4
)
 
$
(58.4
)
 
$
(54.9
)
Reclassification out of Accumulated Other Comprehensive Income
The amounts reclassified from AOCI and the affected line item of the Condensed Consolidated Statements of Operations and Comprehensive Income are presented in the table below.
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
 
2018
 
2017
 
2018
 
2017
 
Affected Line Item
Derivative adjustments
 
 
 
 
 
 
 
 
 
Foreign exchange contracts - purchases
$

 
$

 
$
0.1

 
$

 
Cost of goods sold
Foreign exchange contracts - sales
0.2

 
(0.1
)
 
0.5

 

 
Net sales
Total expense (income) before tax
0.2

 
(0.1
)
 
0.6

 

 
 
Tax impact

 

 
(0.1
)
 

 
Income tax expense
Total expense (income) , net of tax
0.2

 
(0.1
)
 
0.5

 

 
 
Pension and postretirement adjustments
 
 
 
 
 
 
 
 
 
Prior service cost amortization

 
0.1

 

 
0.2

 
Other expense, net
Amortization of net actuarial loss
2.0

 
2.1

 
4.2

 
4.0

 
Other expense, net
Total expense before tax
2.0

 
2.2

 
4.2

 
4.2

 
 
Tax impact
0.4

 
(0.8
)
 
0.4

 
(1.5
)
 
Income tax expense
Total expense, net of tax
2.4

 
1.4

 
4.6

 
2.7

 
 
Total reclassifications for the period
$
2.6

 
$
1.3

 
$
5.1

 
$
2.7