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Comprehensive Income
3 Months Ended
Mar. 31, 2022
Comprehensive Income Net Of Tax [Abstract]  
Comprehensive Income

12. Comprehensive Income

The components of other comprehensive income and income tax allocated to each component during the three months ended March 31, 2022 and 2021 (unaudited) were as follows:

 

 

Three Months Ended

March 31, 2022

 

(millions)

 

Before Tax Amount

 

 

Income Tax

 

 

Net of Tax Amount

 

Translation adjustments

 

$

0.1

 

 

$

 

 

$

0.1

 

De-designation of interest rate collars

 

 

0.6

 

 

 

0.2

 

 

 

0.4

 

Other comprehensive income

 

$

0.7

 

 

$

0.2

 

 

$

0.5

 

 

 

 

Three Months Ended

March 31, 2021

 

(millions)

 

Before Tax Amount

 

 

Income Tax

 

 

Net of Tax Amount

 

De-designation of interest rate collars

 

$

0.6

 

 

$

0.2

 

 

$

0.4

 

Other comprehensive income

 

$

0.6

 

 

$

0.2

 

 

$

0.4

 

 

The changes to accumulated other comprehensive loss by component during the three months ended March 31, 2022 (unaudited), were as follows:

(millions)

 

Foreign

Currency

Translation

Adjustments

 

 

Interest Rate Collars

 

 

Total Accumulated

Other

Comprehensive

Loss

 

Balance as of December 31, 2021

 

$

(2.3

)

 

$

(0.5

)

 

$

(2.8

)

Other comprehensive loss before reclassification

 

 

0.1

 

 

 

 

 

 

0.1

 

Amounts reclassified from accumulated other comprehensive loss

 

 

 

 

 

0.4

 

 

 

0.4

 

Balance as of March 31, 2022

 

$

(2.2

)

 

$

(0.1

)

 

$

(2.3

)

 

The changes to accumulated other comprehensive loss by component during the three months ended March 31, 2021 (unaudited), were as follows:

(millions)

 

Foreign

Currency

Translation

Adjustments

 

 

Interest Rate Collars

 

 

Total Accumulated

Other

Comprehensive

Loss

 

Balance as of December 31, 2020

 

$

(2.2

)

 

$

(2.2

)

 

$

(4.4

)

Amounts reclassified from accumulated other comprehensive loss

 

 

 

 

 

0.4

 

 

 

0.4

 

Balance as of March 31, 2021

 

$

(2.2

)

 

$

(1.8

)

 

$

(4.0

)

 

 

Reclassifications from accumulated other comprehensive loss during the three months ended March 31, 2022 and 2021 (unaudited) were as follows:

(millions)

 

Three Months Ended

March 31

 

 

Classification in the Condensed Consolidated Statements of Income

Interest Rate Collars:

 

2022

 

 

2021

 

 

 

Net realized loss

 

$

0.6

 

 

$

0.6

 

 

Other expenses

Reclassifications before tax

 

 

0.6

 

 

 

0.6

 

 

 

Income tax benefit

 

 

0.2

 

 

 

0.2

 

 

 

Reclassifications, net of tax

 

$

0.4

 

 

$

0.4