Debt (Tables)

3 Months Ended

Mar. 31, 2016

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)	March 31, 2016		December 31, 2015
2016 Credit Agreement:
Revolving credit facility	$	—	$	—
2013 Credit Agreement:
Revolving credit facility	—		—
Term loan	—		43.4
Capital lease obligations	0.6		0.7
Total long-term borrowings and capital lease obligations, including current portion	0.6		44.1
Less: Current maturities	—		—
Less: Current capital lease obligations	0.4		0.4
Total long-term borrowings and capital lease obligations, net	$	0.2	$	43.7

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:

	March 31, 2016				December 31, 2015
(in millions)	Notional Amount		Fair Value		Notional Amount		Fair Value
Long-term borrowings (a)	$	0.6	$	0.6	$	44.1	$	44.1

(a) Long-term borrowings includes current portions of long-term debt and current portions of capital lease obligations of $0.4 million and $0.4 million as of March 31, 2016 and December 31, 2015, respectively.