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Debt (Tables)
9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of the Company's Debt

The Company’s debt as of September 30, 2021 and December 31, 2020 consisted of the following:

 

 

September 30, 2021

 

 

December 31, 2020

 

8.25% senior notes due October 15, 2024

$

233.0

 

 

$

233.0

 

Unamortized debt issuance costs

 

(2.0

)

 

 

(2.5

)

Total debt

 

231.0

 

 

 

230.5

 

Less: short-term debt

 

40.5

 

 

 

 

Long-term debt

$

190.5

 

 

$

230.5

 

 

Summary of Interest Expense, Net

The following table summarizes interest expense, net included in the Unaudited Condensed Consolidated Statements of Operations:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Interest incurred

$

6.1

 

 

$

6.3

 

 

$

17.6

 

 

$

19.5

 

Less: Gain on debt extinguishment and other interest income

 

(0.2

)

 

 

(0.4

)

 

 

(0.5

)

 

 

(2.7

)

Interest expense, net

$

5.9

 

 

$

5.9

 

 

$

17.1

 

 

$

16.8