Debt and Redeemable Preferred Stock (Tables)

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

The following table presents the Company’s long-term debt as of June 30, 2017 and December 31, 2016:

	June 30,			December 31,
(In millions)	2017			2016
Senior Secured Notes:
Principal amount outstanding	$	305.0		$	305.0
Unamortized original issue discount and debt issuance costs		(7.9	)		(10.1	)
Senior Secured Notes, net		297.1			294.9
Revolving credit facilities:
Principal amount outstanding		76.0			57.0
Unamortized debt issuance costs		(1.0	)		(1.5	)
Revolving credit facilities, net		75.0			55.5
Term Loan		—			1.5
Capital leases		7.4			4.6
Current portion of long-term debt		(3.1	)		(2.3	)
Long-term debt, net	$	376.4		$	354.2

Schedule of Activity Related to Redeemable Preferred Stock

The following table presents activity related to the carrying value of Redeemable Preferred Stock during the six months ended June 30, 2017:

(In millions)
Balance, December 31, 2016	$	24.9
Accretion of fair value adjustment to Redeemable Preferred Stock		0.5
Balance, June 30, 2017	$	25.4