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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock-Based Compensation Expense by Type of Award
Total stock-based compensation expense (benefit) by type of award was as follows:
 
Year Ended
 
One month ended
 
December 31,
 
December 31,
 
November 30,
 
December 31,
 
2017
 
2016
 
2015
 
2015
 
(In millions)
SARs
$
9.3

 
$
2.2

 
$
1.8

 
$
(1.4
)
Restricted stock, service based
4.1

 
3.6

 
5.6

 
0.3

Restricted stock, performance based
6.8

 
5.7

 
0.1

 
0.6

Employee stock purchase plan ("ESPP")
0.6

 
0.5

 
0.3

 

Stock options
1.2

 
0.9

 
0.8

 
0.1

Total stock-based compensation expense (benefit)
$
22.0

 
$
12.9

 
$
8.6

 
$
(0.4
)
Summary of Stock Appreciation Rights
A summary of the status of the Company’s SARs as of December 31, 2017 and changes during fiscal 2017:
 
SARs
(In millions) 
 
Weighted
Average
Exercise Price
 
Weighted
Average
Remaining
Contractual
Life (years)
 
Aggregate
Intrinsic
Value
(In millions) 
Outstanding at December 31, 2016
1.0

 
$
11.52

 
 
 
 
Granted
0.4

 
22.35

 
 
 
 
Exercised
(0.3
)
 
6.97

 
 
 
 
Canceled
(0.1
)
 
17.21

 
 
 
 
Outstanding at December 31, 2017
1.0

 
$
16.62

 
4.7
 
$
14.6

Exercisable at December 31, 2017
0.2

 
$
8.17

 
1.2
 
$
5.4

Summary of Restricted Stock Units
A summary of the status of the Company’s service-based restricted stock as of December 31, 2017 and changes during fiscal 2017:
 
Service
Based
Restricted
Stock
(In millions)  
 
Weighted
Average
Grant Date
Fair Value 
Outstanding at December 31, 2016
0.6

 
$
18.06

Granted
0.1

 
24.98

Exercised
(0.3
)
 
18.12

Outstanding at December 31, 2017
0.4

 
$
20.14

Expected to vest at December 31, 2017
0.4

 
$
20.14

A summary of the status of the Company’s performance-based restricted stock as of December 31, 2017 and changes during fiscal 2017:
 
Performance
Based
Restricted
Stock
(In millions)
 
Weighted
Average
Grant Date
Fair Value
Outstanding at December 31, 2016
1.1

 
$
17.85

Granted
0.5

 
22.35

Exercised
(0.3
)
 
15.80

Canceled
(0.3
)
 
18.48

Outstanding at December 31, 2017
1.0

 
$
19.73

Expected to vest at December 31, 2017
0.6

 
$
19.74

Schedule of Stock Options Activity
A summary of the status of the Company’s stock options as of December 31, 2017 and changes during fiscal 2017:
 
Stock
Options
(In millions) 
 
Weighted
Average
Exercise
Price 
 
Weighted
Average
Remaining
Contractual
Life (years) 
 
Intrinsic
Value
(In millions) 
Outstanding at December 31, 2016
0.6

 
$
15.48

 
 
 
 
Exercised
(0.2
)
 
6.54

 
 
 
 
Outstanding at December 31, 2017
0.4

 
$
18.86

 
4.6
 
$
5.1

Exercisable at December 31, 2017
0.3

 
$
17.09

 
4.8
 
$
4.1

Expected to vest at December 31, 2017
0.1

 
$
23.06

 
4.2
 
$
1.0

Summary of Range of Exercise Prices and Weighted-Average Exercise Prices for Options Outstanding
The following table summarizes the range of exercise prices and weighted-average exercise prices for options outstanding as of December 31, 2017 under the Company’s stock option plans:
 
 
 
 
Outstanding
Period
Granted
 
Range of Exercise Prices
 
Stock
Options
Outstanding
(In millions) 
 
Weighted
Average
Exercise
Price 
 
Weighted
Average
Remaining
Contractual
Life (years) 
Fiscal 2015
 
$20.48 - $23.06
 
0.2

 
$
23.03

 
4.2
Fiscal 2016
 
$18.01
 
0.2

 
$
18.01

 
5.6
 
 
 
 
0.4

 
 
 
 
Schedule of Weighted Average Assumptions Used to Determine Fair Value of Stock Awards
The fair value of SARs was estimated using a Black-Scholes Model with the following weighted average assumptions:
 
Year Ended
 
One month ended
 
December 31,
 
December 31,
 
November 30,
 
December 31,
 
2017
 
2016
 
2015
 
2015
Expected life (in years)
4.8

 
4.0

 
2.1

 
2.0

Volatility
34.00
%
 
36.00
%
 
34.00
%
 
34.00
%
Risk-free interest rate
2.23
%
 
1.65
%
 
0.94
%
 
0.79
%
The Company used the following weighted average assumptions to value the awards for the year ended December 31, 2016:
 
Performance- based common shares
 
Performance-based stock options
Expected life (in years)
1.04

 
0.99

Volatility
32.97
%
 
39.58
%
Risk-free interest rate
1.17
%
 
1.43
%
The fair value of stock options was estimated using a Black-Scholes Model (except for the performance-based stock options discussed in the section above) with the following weighted average assumptions:
 
Year ended
 
November 30,
 
2015
Expected life (in years)
7.0

Volatility
58.06
%
Risk-free interest rate
1.94
%