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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table summarizes the valuation of those liabilities as of the dates presented (in millions):
Fair Value as of September 30, 2020Fair Value as of December 31, 2019
Liabilities:Level 1Level 2 Level 3TotalLevel 1Level 2 Level 3Total
Interest rate swap
$— $10.6 $— $10.6 $— $6.6 $— $6.6 
Contingent consideration obligations (1)
— — 14.4 14.4 — — 2.0 2.0 
(1) In connection with the Company’s acquisition of FHI LLC (“Fully”) in August 2019, the Company is contingently liable to make additional payments in the form of consideration based upon the achievement of certain performance targets. The maximum amount of contingent consideration that could be earned through 2023 is $15.0 million (see Notes 4 and 11 to the Company’s 2019 Annual Report on Form 10-K for additional information on the Fully acquisition, the valuation of the related contingent consideration and the accounting treatment applied to any changes thereof).