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Shareholders' Equity
 12 Months Ended
Dec. 31, 2014
Equity [Abstract]  
Shareholders' Equity
Shareholders' Equity
Shareholder Rights Plan
Effective February 11, 2013, our Board of Directors amended the Rights Agreement dated as of June 21, 2006 to change the final expiration date from July 1, 2016 to February 11, 2013, effectively terminating the Rights Agreement. This amendment had no accounting implications to the Company.
Treasury Stock
On May 2, 2012, our Board of Directors authorized a share repurchase program that allowed for the repurchase of 5.0 million shares of common stock. Since the inception of this authorization, we have repurchased 2.6 million shares of common stock for $11.6 million and, as of December 31, 2014, we had authorization to repurchase up to 2.4 million additional shares. The treasury stock held as of December 31, 2014 was acquired at an average price of $15.31 per share. The following is a summary of treasury share activity:
 
Treasury Shares
Balance as of December 31, 2011
4,663,923

  Purchases
1,236,161

  Exercise of stock options
—

  Restricted stock grants and other
(499,851
)
  401(k) matching contribution
(517,588
)
  Shares issued for acquisition
(3,319,324
)
Balance as of December 31, 2012
1,563,321

  Purchases
616,581

  Exercise of stock options
—

  Restricted stock grants and other
(622,241
)
  401(k) matching contribution
(435,735
)
Balance as of December 31, 2013
1,121,926

  Purchases
760,268

  Exercise of stock options
(87,569
)
  Restricted stock grants and other
(739,408
)
  401(k) matching contribution
(427,421
)
Balance as of December 31, 2014
627,796


Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss and related activity consisted of the following:
 
Gains (Losses) on Derivative Financial Instruments
 
Defined Benefit Plans
 
Foreign Currency Translation
 
Total
 
(In millions)
Balance as of December 31, 2013
$
2.4

 
$
(11.6
)
 
$
(53.6
)
 
$
(62.8
)
Other comprehensive (loss) income before reclassifications, net of tax (1)
6.1

 
(10.4
)
 
(15.7
)
 
(20.0
)
Amounts reclassified from accumulated other comprehensive loss, net of tax
(3.4
)
 
1.4

 
—

 
(2.0
)
Net current period other comprehensive income (loss)
2.7

 
(9.0
)
 
(15.7
)
 
(22.0
)
Balance as of December 31, 2014
$
5.1

 
$
(20.6
)
 
$
(69.3
)
 
$
(84.8
)
(1) Income tax expense of $3.1 million was recorded for unrealized gains on derivative financial instruments and income tax benefit of $1.7 million for liability adjustments for defined benefit plans for the year ended December 31, 2014.
Details of amounts reclassified from Accumulated other comprehensive loss and the line item in our Consolidated Statement of Operations for the year ended December 31, 2014 are as follows:
 
Amounts Reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Item in the Statement Where Net Loss is Presented
 
(In millions)
 
 
(Gains) losses on cash flow hedges
$
(5.5
)
 
Cost of goods sold
Income tax expense
2.1

 
Income tax (benefit) provision
Net (gains) losses on cash flow hedges
(3.4
)
 
 
Amortization of net actuarial loss
0.2

 
Selling, general and administrative
Pension settlement loss
1.0

 
Restructuring and other
Income tax expense
0.2

 
Income tax (benefit) provision
Net pension adjustments, net of tax
1.4

 
 
Total reclassifications for the period
$
(2.0
)
 
 

Income taxes are not provided for foreign translation relating to permanent investments in international subsidiaries. Reclassification adjustments are made to avoid double counting in comprehensive loss items that are also recorded as part of net loss and are presented net of taxes in the Consolidated Statements of Comprehensive Loss.