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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2017
Financial Assets Measured at Fair Value on Recurring Basis

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of September 30, 2017:

 

     (In Millions)  
     Level 1      Level 2      Level 3      Total  

Short Term Investments-

           

Available for Sale Securities

   $ 32.9      $ —        $ —        $ 32.9  

Term Deposits

     —          1.1        —          1.1  

Interest Rate Swap

     —          1.2        —          1.2  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets Measured at Fair Value

   $ 32.9      $ 2.3      $ —        $ 35.2  
  

 

 

    

 

 

    

 

 

    

 

 

 

The following table summarizes the Company’s financial assets measured at fair value on a recurring basis as of December 31, 2016:

 

     (In Millions)  
     Level 1      Level 2      Level 3      Total  

Short Term Investments-Available for Sale Securities

   $ 15.0      $ —        $ —        $ 15.0  

Term Deposits

     —          6.8        —          6.8  

Interest Rate Swap

     —          0.5           0.5  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets Measured at Fair Value

   $ 15.0      $ 7.3      $ —        $ 22.3