XML 149 R38.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value Disclosures [Abstract]  
Assets Measured at Fair Value on a Nonrecurring Basis

The fair value as of the measurement date, net book value as of the end of the year and related impairment charge for assets measured at fair value on a nonrecurring basis subsequent to initial recognition during the years ended December 31, 2014, 2013 and 2012 were as follows:

 

 

Year Ended

December 31, 2014

 

 

As of

December 31, 2014

 

 

Impairment

Charge

 

 

Fair Value

Measurement

(Level 3)

 

 

Net Book

Value

 

Long-lived assets held and used

$

5.4

 

 

$

1.3

 

 

$

1.3

 

Long-lived assets held for sale or disposal

 

12.5

 

 

 

20.8

 

 

 

3.2

 

Goodwill

 

18.1

 

 

 

 

 

 

 

Other intangible assets

 

15.0

 

 

 

 

 

 

 

Total

$

51.0

 

 

$

22.1

 

 

$

4.5

 

 

 

 

Year Ended

December 31, 2013

 

 

As of

December 31, 2013

 

 

Impairment

Charge

 

 

Fair Value

Measurement

(Level 3)

 

 

Net Book

Value

 

Long-lived assets held and used

$

4.2

 

 

$

4.2

 

 

$

4.0

 

Long-lived assets held for sale or disposal

 

14.8

 

 

 

20.2

 

 

 

18.5

 

Other intangible assets

 

3.3

 

 

 

 

 

 

 

Total

$

22.3

 

 

$

24.4

 

 

$

22.5

 

 

 

Year Ended

December 31, 2012

 

 

As of

December 31, 2012

 

 

Impairment

Charge

 

 

Fair Value

Measurement

(Level 3)

 

 

Net Book

Value

 

Long-lived assets held and used

$

8.0

 

 

$

9.8

 

 

$

8.5

 

Long-lived assets held for sale or disposal

 

15.6

 

 

 

16.4

 

 

 

6.3

 

Goodwill

 

848.4

 

 

 

18.1

 

 

 

18.1

 

Other intangible assets

 

158.0

 

 

 

3.1

 

 

 

3.1

 

Total

$

1,030.0

 

 

$

47.4

 

 

$

36.0

 

 

Fair Value, Valuation Techniques and Related Unobservable Inputs of Level Three

The following table presents the fair value, valuation techniques and related unobservable inputs for these Level 3 measurements for the years ended December 31, 2014, 2013 and 2012:

 

 

Fair Value

 

 

Valuation Technique

 

Unobservable Input

 

Range

 

2014

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

 

 

Excess earnings

 

Discount rate

 

12.0%-18.0%

 

 

 

 

 

 

 

 

Attrition rate

 

6.6% - 12.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

 

 

With and without method

 

Discount rate

 

 

16.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

2012

 

 

 

 

 

 

 

 

 

 

 

Customer relationships

$

3.1

 

 

Excess earnings

 

Discount rate

 

12.5% -15.0%

 

 

 

 

 

 

 

 

Attrition rate

 

2.0% - 15.9%