Debt (Tables)

9 Months Ended

Sep. 30, 2013

Debt Disclosure [Abstract]

Summary of Components of Long-Term Borrowings and Capital Lease Obligations

The following table summarizes the components of long-term borrowings and capital lease obligations:

(in millions)	September 30, 2013		December 31, 2012
Senior Secured Credit Facility:
Revolving credit facility	$	52.5	$	—
Term loan	73.6		—
February 2012 Financing:
ABL facility	—		6.7
Term loan	—		149.1
Capital lease obligations	1.4		1.7
Total long-term borrowings and capital lease obligations, including current portion	127.5		157.5
Less: Current maturities	6.1		4.2
Less: Current capital lease obligations	0.4		0.5
Total long-term borrowings and capital lease obligations, net	$	121.0	$	152.8

Summary of Carrying Amount and Fair Value of Financial Instruments

The following table summarizes the carrying amounts and fair values of the Company’s financial instruments:

	September 30, 2013				December 31, 2012
	Notional Amount		Fair Value		Notional Amount		Fair Value
Short-term debt	$	—	$	—	$	0.3	$	0.3
Long-term debt (1)	127.5		127.5		157.5		208.2

(1) Long-term debt includes current portions of long-term debt and current portions of capital lease obligations of $6.5 million and $4.7 million as of September 30, 2013 and December 31, 2012, respectively.