Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of financial assets and liabilities measured at fair value on a recurring basis and basis of measurement

The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis and the basis of measurement at March 31, 2016 and December 31, 2015:



	Fair Value Measurement
	March 31, 2016 (unaudited)						December 31, 2015
(millions)	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets
Prepaid expenses and other
Contingent consideration receivable	$	—	$	—	$	0.5	$	—	$	—	$	0.5
Interest rate swap	—		—		—		—		0.2		—
Total	$	—	$	—	$	0.5	$	—	$	0.2	$	0.5
Liabilities
Accrued expenses
Interest Rate Swap	$	—	$	0.2	$	—	$	—	$	—	$	—
Total	$	—	$	0.2	$	—	$	—	$	—	$	—

Schedule of carrying amount and estimated fair values of the Company's financial instruments

The following presents the carrying amounts and estimated fair values of financial instruments not measured at fair value in the Condensed Consolidated Balance Sheet at March 31, 2016 and December 31, 2015:



	March 31, 2016 (unaudited)				December 31, 2015
(millions)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash and cash equivalents	$	30.8	$	30.8	$	18.7	$	18.7
Long-term borrowings
Senior credit facility, net of original discount on borrowings and deferred financing costs	$	232.4	$	232.4	$	223.1	$	223.1
Other obligations	1.9		1.9		2.0		2.0