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INCOME TAXES (Tables)
 12 Months Ended
Dec. 31, 2019
Income Tax Disclosure [Abstract]  
Schedule of Income Before Income Tax Expense before income taxes consisted of the following (in millions):
 
2019
 
2018
 
2017
U.S. operations
$
50.9

 
$
67.3

 
$
62.6

Foreign operations
40.0

 
30.9

 
16.0

Total
$
90.9

 
$
98.2

 
$
78.6
Schedule of Income (Benefit) Tax Expense
Income tax expense (benefit) is comprised of the following (in millions):
 
2019
 
2018
 
2017
Current:
 
 
 
 
 
Federal
$
8.5

 
$
4.3

 
$
11.7

State
5.3

 
2.1

 
2.4

Foreign
10.9

 
13.7

 
3.9

Total current
$
24.7

 
$
20.1

 
$
18.0

Deferred:
 
 
 
 
 
Federal
(0.7
)
 
6.3

 
(20.6
)
State
(0.4
)
 
0.9

 
2.5

Foreign
(0.2
)
 
(2.4
)
 
(1.5
)
Total deferred
(1.3
)
 
4.8

 
(19.6
)
Income tax expense (benefit)
$
23.4

 
$
24.9

 
$
(1.6
)
Schedule of Tax Effects of Temporary Differences that Give Rise to the Deferred Tax Assets and Liabilities
The following table sets forth the tax effects of temporary differences that give rise to the Company's deferred tax assets and liabilities (in millions):
 
December 31,
2019
 
December 31,
2018
Deferred tax assets
 
 
 
Accounts receivable, principally due to allowance for doubtful accounts
$
1.4

 
$
—

Inventories
5.9

 
5.9

NOL carryforwards
5.0

 
6.9

Accrued pension
5.8

 
2.1

Stock-based compensation
4.8

 
3.7

Compensation-related accruals
1.2

 
0.7

Warranty
2.7

 
2.1

OPEB obligation
1.0

 
0.9

Accrued liabilities and other items
8.3

 
8.4

Gross deferred tax assets
$
36.1

 
$
30.7

Valuation allowance
(4.3
)
 
(4.8
)
Net deferred tax assets
31.8

 
25.9

Deferred tax liabilities:
 
 
 
Intangibles
(92.3
)
 
(85.6
)
Plant and equipment
(24.5
)
 
(26.8
)
Gross deferred tax liabilities
(116.8
)
 
(112.4
)
Net deferred tax liabilities
$
(85.0
)
 
$
(86.5
)
Summary of Activity in Deferred Tax Asset Valuation Allowance
The following table summarizes the activity related to the Company's deferred tax asset valuation allowance and the changes therein during the periods presented (in millions):
 
 
Balance at
Beginning
of Year
 
Releases (tax benefit recognized) (1)
 
Other(2)
 
Balance at
End of Year
Year ended December 31, 2017
 
$
6.2

 
$
(2.6
)
 
$
1.2

 
$
4.8

Year ended December 31, 2018
 
4.8

 
—

 
—

 
4.8

Year ended December 31, 2019
 
4.8

 
(0.2
)
 
(0.3
)
 
4.3

(1)
During 2017, the valuation allowance related to the NOL carryover from operations in the UK was fully released. During 2019, the valuation allowance related to the NOL carryover from operations in Germany was partially released.
(2)
Primarily foreign exchange impact
Schedule of Reconciliation of Statutory Federal Income Tax Rate to the Effective Income Tax Rate
The following table sets forth a reconciliation of the statutory federal income tax rate to the effective income tax rate:
 
2019
 
2018
 
2017
Federal statutory tax rate
21.0
 %
 
21.0
 %
 
35.0
 %
Increase (decrease) in the tax rate resulting from:
 
 
 
 
 
State taxes, net of federal effect
4.2
 %
 
2.4
 %
 
5.2
 %
Foreign operations, net (1)
2.5
 %
 
0.7
 %
 
(0.9
)%
Research and development tax credits
(1.1
)%
 
(1.1
)%
 
(1.3
)%
Tax Act (2)
—
 %
 
(3.2
)%
 
(33.9
)%
Return to provision adjustments
(3.7
)%
 
1.1
 %
 
(0.5
)%
Change in valuation allowance against deferred tax assets
(0.3
)%
 
—
 %
 
(3.3
)%
Other
3.2
 %
 
4.5
 %
 
(2.3
)%
Effective tax rate
25.8
 %
 
25.4
 %
 
(2.0
)%

(1)
Includes the tax effects of income tax rate differentials, deductions and credits applicable to the operations of the Company's foreign subsidiaries. Certain provisions of the Tax Act were newly effective for the Company in 2019, including provisions related to inclusions of foreign-sourced earnings in excess of an allowable return on foreign subsidiaries' tangible assets. These provisions are designed to tax global intangible low-taxed income ("GILTI"). The Company has elected to account for any GILTI tax in the period in which it is incurred.
(2)
Primarily attributable to the impact of the remeasurement of domestic net deferred tax liabilities (at the lower statutory rate of 21.0%) and the one-time transition tax on unremitted foreign earnings (See Note 2).
Summarizes the Activity Related to the Entity's Unrecognized Tax Benefits
The following table presents a reconciliation of the total amounts of unrecognized tax benefits at the beginning and end of the periods presented (in millions):
 
2019
 
2018
 
2017
Balance, beginning of the year
$
0.9

 
$
0.9

 
$
0.9

Additions for tax position related to the current year
—

 
0.1

 
0.1

Lapse of statute of limitations
(0.1
)
 
(0.1
)
 
(0.1
)
Balance, end of the year
$
0.8

 
$
0.9

 
$
0.9