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Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2020
Stockholders Equity Note [Abstract]  
Components of Other Comprehensive (Loss) Income and Income Tax Benefit Allocated

The components of accumulated other comprehensive (loss) income and income tax benefit allocated to each component for the years ended December 31, 2020, 2019, and 2018 were as follows:

 

 

 

2020

 

 

2019

 

 

2018

 

(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

 

$

0.1

 

$

 

$

0.1

 

 

$

0.1

 

$

 

$

0.1

 

 

$

(0.6

)

$

 

$

(0.6

)

Change in fair value of interest rate collars

 

 

(2.5

)

 

(0.7

)

 

(1.8

)

 

 

(0.6

)

 

(0.2

)

 

(0.4

)

 

 

 

 

 

 

 

Other Comprehensive (loss) income

 

$

(2.4

)

$

(0.7

)

$

(1.7

)

 

$

(0.5

)

$

(0.2

)

$

(0.3

)

 

$

(0.6

)

$

 

$

(0.6

)

Components of Accumulated Other Comprehensive Loss

The changes to accumulated other comprehensive loss by component for the years ended December 31, 2020, 2019, and 2018, were as follows:

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

Foreign

 

 

Change in Fair

 

 

Accumulated

 

 

 

Currency

 

 

Value

 

 

Other

 

 

 

Translation

 

 

of Interest Rate

 

 

Comprehensive

 

(millions)

 

Adjustments

 

 

Collars

 

 

Loss

 

Balance as of January 1, 2018

 

$

(1.2

)

 

$

 

 

$

(1.2

)

Other comprehensive loss before reclassification

 

 

(0.6

)

 

 

 

 

 

(0.6

)

Cumulative effect of change in accounting principle (1)

 

 

(0.6

)

 

 

 

 

 

(0.6

)

Balance as of December 31, 2018

 

 

(2.4

)

 

 

 

 

 

(2.4

)

Other comprehensive (loss) income before reclassification

 

 

0.1

 

 

 

(0.4

)

 

 

(0.3

)

Balance as of December 31, 2019

 

 

(2.3

)

 

 

(0.4

)

 

 

(2.7

)

Other comprehensive (loss) income 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

)

 

(1) Refer to Note 1, Significant Accounting Policies and Practices for additional information on the Company's adoption of ASU 2018-02.

Reclassification from Accumulated Other Comprehensive Loss

Reclassifications from accumulated other comprehensive loss for the years ended December 31, 2020, 2019, and 2018 were as follows:

 

(millions)

 

2020

 

 

2019

 

 

2018

 

Classification in the Consolidated Statements of (Loss) Income

Interest Rate Collars:

 

 

 

 

 

 

 

 

 

 

 

 

 

Net realized loss

 

$

1.5

 

 

$

 

 

$

 

Other expenses

Reclassifications before tax

 

 

1.5

 

 

 

 

 

 

 

 

Income tax benefit

 

 

0.4

 

 

 

 

 

 

 

 

Reclassifications, net of tax

 

$

1.1

 

 

$

 

 

$