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Unusual Items
12 Months Ended
Dec. 31, 2017
Unusual or Infrequent Items, or Both [Abstract]  
Unusual Items
Unusual Items
Total unusual items, comprised of a component of other expense, net and loss on debt in the consolidated statements of operations, was as follows:
 
Year Ended
 
One month ended
 
December 31,
 
December 31,
 
November 30,
 
December 31,
 
2017
 
2016
 
2015
 
2015
 
(In millions)
Aerospace and Defense:
 
 
 
 
 
 
 
        (Gain) loss on legal matters and settlements (1)
$
(2.0
)
 
$

 
$
50.0

 
$
0.4

        Aerospace and defense unusual items
(2.0
)
 

 
50.0

 
0.4

Corporate:
 
 
 
 
 
 
 
        Loss on debt repurchased (2)

 
34.4

 
1.9

 

        Acquisition costs (1)
1.0

 

 

 
 
        Loss on bank amendment (1)

 
0.1

 

 

        Corporate unusual items
1.0

 
34.5

 
1.9

 

            Total unusual items
$
(1.0
)
 
$
34.5

 
$
51.9

 
$
0.4


________
(1) Operating (income) expense
(2) Non-operating expense
Fiscal 2017 Activity:
The Company recorded $2.0 million of realized gains, net of interest associated with the failure to register with the SEC the issuance of certain of the Company’s common shares under the defined contribution 401(k) employee benefit plan (see Note 3(l)).
The Company recorded $1.0 million of costs related to the acquisition of Coleman (see Note 4).
Fiscal 2016 Activity:
On July 18, 2016, the Company redeemed $460.0 million principal amount of its 7 1/8% Notes, representing all of the outstanding 7 1/8% Notes, at a redemption price equal to 105.344% of the principal amount, plus accrued and unpaid interest. The Company incurred a pre-tax charge of $34.1 million in the third quarter of fiscal 2016 associated with the extinguishment of the 7 1/8% Notes. The $34.1 million pre-tax charge was the result of the $24.6 million paid in excess of the par value and $9.5 million associated with the write-off of unamortized deferred financing costs. The Company funded the redemption in part through a $400.0 million term loan under the Company's Senior Credit Facility.
The Company retired $13.0 million principal amount of its delayed draw term loan resulting in a loss of $0.3 million.
The Company recorded a charge of $0.1 million associated with an amendment to the Senior Credit Facility.
Fiscal 2015 Activity:
The Company recorded an expense of $50.0 million associated with a legal settlement.
The Company retired $76.0 million principal amount of its delayed draw term loan resulting in $1.9 million of losses associated with the write-off of deferred financing fees.
December 2015 Activity:
The Company recorded $0.4 million for realized losses and interest associated with the failure to register with the SEC the issuance of certain of the Company’s common shares under the defined contribution 401(k) employee benefit plan.