Annual report pursuant to Section 13 and 15(d)

Financial Instruments (Tables)

v3.20.4
Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Summary of Estimated Fair Values of Financial Instruments
The fair value of cash, accounts and notes receivable and accounts payable and accrued expenses approximate their carrying amounts due to the short-term maturities of these assets and liabilities.
Fair Value at December 31, 2020
Carrying amount Level 1 Level 2 Level 3 Total
Financial liabilities
Foreign exchange contracts $ 1.1  $ 1.1  $ —  $ —  $ 1.1 
Total Amended ABL Credit Facility 10.0  —  10.0  —  10.0 
Total foreign credit facilities 4.5  —  4.5  —  4.5 
Term Loan Facility 70.0  —  73.8  —  73.8 
Total financial liabilities $ 85.6  $ 1.1  $ 88.3  $ —  $ 89.4 

Fair Value at December 31, 2019
Carrying amount Level 1 Level 2 Level 3 Total
Financial liabilities
Foreign exchange contracts $ 0.7  $ 0.7  $ —  $ —  $ 0.7 
Total Amended ABL Credit Facility 42.2  —  42.2  —  42.2 
Total financial liabilities $ 42.9  $ 0.7  $ 42.2  $ —  $ 42.9