XML 43 R47.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions and Dispositions - Acquisitions (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Jun. 30, 2013
WMS Acquisition
Jun. 30, 2013
WMS Acquisition
Oct. 18, 2013
WMS Acquisition
Jun. 30, 2013
Depreciation and amortization
WMS Acquisition
Jun. 30, 2013
Depreciation and amortization
WMS Acquisition
Jun. 30, 2013
Acquisition-related fees and expenses
WMS Acquisition
Jun. 30, 2013
Acquisition-related fees and expenses
WMS Acquisition
Jun. 30, 2013
Interest expense
WMS Acquisition
Jun. 30, 2013
Interest expense
WMS Acquisition
Jun. 30, 2013
Income tax expense
WMS Acquisition
Jun. 30, 2013
Income tax expense
WMS Acquisition
Business Acquisition [Line Items]                                  
Current assets                 $ 508.0                
Long-term notes receivable                 76.2                
Property, plant and equipment, net                 465.3                
Goodwill 1,197.8   1,197.8   1,186.9 801.4     385.6                
Intangible assets                 325.0                
Intellectual property                 201.2                
Other long-term assets                 5.9                
Total assets                 1,967.2                
Current liabilities                 (164.4)                
Deferred income taxes                 (166.6)                
Long-term liabilities                 (150.3)                
Total liabilities                 (481.3)                
Total equity purchase price                 1,485.9                
Revenue from Consolidated Statements of Operations and Comprehensive Loss 416.9 235.0 805.0 454.6                          
Add: WMS revenue not reflected in Consolidated Statements of Operations and Comprehensive Loss             202.8 380.7                  
Unaudited pro forma revenue             437.8 835.3                  
Net loss from continuing operations from Consolidated Statements of Operations and Comprehensive Loss (72.4) (12.4) (117.4) (24.7)                          
Add: WMS net loss from continuing operations not reflected in Consolidated Statements of Operations and Comprehensive Loss plus pro forma adjustments (1), (2), (3) and (4) below             (7.2) [1],[2],[3],[4] (19.6) [1],[2],[3],[4]                  
Unaudited pro forma net loss from continuing operations             $ (19.6) $ (44.3)   $ (9.9) $ (20.5) $ 5.9 $ 17.0 $ (20.3) $ (40.6) $ 3.6 $ 3.5
[1] An adjustment of $3.6 million and $3.5 million for the three and six months ended June 30, 2013, respectively, to reverse the U.S. tax expense of WMS under the assumption that the U.S. taxable income of WMS would have been offset by U.S. tax attributes of the Company.
[2] An adjustment to reverse acquisition-related fees and expenses of $5.9 million and $17.0 million for the three and six months ended June 30, 2013, respectively.
[3] An adjustment to reflect additional interest expense of $20.3 million and $40.6 million for the three and six months ended June 30, 2013, respectively, that would have been incurred assuming our new credit facilities were in place as of January 1, 2012.
[4] An adjustment to reflect additional D&A of $9.9 million and $20.5 million for the three and six months ended June 30, 2013, respectively, that would have been incurred assuming the fair value adjustments to intangible assets and property and equipment had been applied on January 1, 2012.