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Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2022
Stockholders' Equity Note [Abstract]  
Components of Other Comprehensive Income (loss) and Income Tax Benefit Allocated

The components of other comprehensive income (loss) and the income tax benefit allocated to each component during the years ended December 31, 2022, 2021 and 2020, were as follows:

 

 

 

2022

 

 

2021

 

 

2020

 

(millions)

 

Before Tax Amount

 

Income Tax

 

Net of Tax Amount

 

 

Before Tax Amount

 

Income Tax

 

Net of Tax Amount

 

 

Before Tax Amount

 

Income Tax

 

Net of Tax Amount

 

Translation adjustments

 

$

0.5

 

$

 

$

0.5

 

 

$

(0.1

)

$

 

$

(0.1

)

 

$

0.1

 

$

 

$

0.1

 

De-designation of interest rate collars

 

 

0.7

 

 

0.2

 

 

0.5

 

 

 

2.3

 

 

0.6

 

 

1.7

 

 

 

1.5

 

 

0.4

 

 

1.1

 

Change in fair value of interest rate collars

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(4.0

)

 

(1.1

)

 

(2.9

)

Other Comprehensive income (loss)

 

$

1.2

 

$

0.2

 

$

1.0

 

 

$

2.2

 

$

0.6

 

$

1.6

 

 

$

(2.4

)

$

(0.7

)

$

(1.7

)

Components of Accumulated Other Comprehensive Loss

The changes to accumulated other comprehensive loss by component during the years ended December 31, 2022, 2021 and 2020, were as follows:

 

 

 

 

 

 

 

 

 

Total

 

 

 

Foreign

 

 

 

 

 

Accumulated

 

 

 

Currency

 

 

 

 

 

Other

 

 

 

Translation

 

 

Interest Rate

 

 

Comprehensive

 

(millions)

 

Adjustments

 

 

Collars

 

 

Loss

 

Balance as of January 1, 2020

 

$

(2.3

)

 

$

(0.4

)

 

$

(2.7

)

Other comprehensive income (loss) before reclassification

 

 

0.1

 

 

 

(2.9

)

 

 

(2.8

)

Amounts reclassified from accumulated other comprehensive loss

 

 

 

 

 

1.1

 

 

 

1.1

 

Balance as of December 31, 2020

 

 

(2.2

)

 

 

(2.2

)

 

 

(4.4

)

Other comprehensive loss before reclassification

 

 

(0.1

)

 

 

 

 

 

(0.1

)

Amounts reclassified from accumulated other comprehensive loss

 

 

 

 

 

1.7

 

 

 

1.7

 

Balance as of December 31, 2021

 

 

(2.3

)

 

 

(0.5

)

 

 

(2.8

)

Other comprehensive income before reclassification

 

 

0.5

 

 

 

 

 

 

0.5

 

Amounts reclassified from accumulated other comprehensive loss

 

 

 

 

 

0.5

 

 

 

0.5

 

Balance as of December 31, 2022

 

$

(1.8

)

 

$

 

 

$

(1.8

)

Reclassification from Accumulated Other Comprehensive Loss

Reclassifications from accumulated other comprehensive loss during the years ended December 31, 2022, 2021 and 2020, were as follows:

 

(millions)

 

2022

 

 

2021

 

 

2020

 

Classification in the Consolidated Statements of Income (Loss)

Interest Rate Collars:

 

 

 

 

 

 

 

 

 

 

Net realized loss

 

$

0.7

 

 

$

2.3

 

 

$

1.5

 

Other expenses

Reclassifications before tax

 

 

0.7

 

 

 

2.3

 

 

 

1.5

 

 

Income tax benefit

 

 

0.2

 

 

 

0.6

 

 

 

0.4

 

 

Reclassifications, net of tax

 

$

0.5

 

 

$

1.7

 

 

$

1.1