Employee Benefit Plans (Tables)

12 Months Ended

Dec. 31, 2022

Retirement Benefits [Abstract]

Assets of SERP

Assets of the Deferred Compensation Programs consist of the following:

	December 31, 2022				December 31, 2021
(in millions)	Cost		Market		Cost		Market
Money market fund	$	0.1	$	0.1	$	0.1	$	0.1
Company stock	1.1		1.2		1.2		2.2
Equity securities	5.0		4.4		4.5		4.9
Total	$	6.2	$	5.7	$	5.8	$	7.2

Benefit Obligations, Plan Assets and Funded Status of Plans

The following provides information regarding benefit obligations, plan assets and the funded status of the plan as of December 31, 2021:

	Pension Benefits
(in millions)	2021
Change in benefit obligation:
Benefit obligation, beginning of year	$	18.4
Interest cost	0.4
Actuarial (gain) loss	(0.3)
Benefits paid	(0.8)
Pension settlement	(17.7)
Benefit obligation, end of year	—
Accumulated benefit obligation	—
Change in plan assets:
Fair value of plan assets, beginning of year	19.4
Actual gain on plan assets	0.6
Excess plan assets returned	(1.5)
Benefits paid	(0.8)
Pension settlement	(17.7)
Fair value of plan assets, end of year	—
Funded status, end of year	$	—
Amounts recognized in the consolidated balance sheets:
Long-term asset	$	—
Net amount recognized	$	—
Amounts recognized in accumulated other comprehensive loss consist of:
Net loss	$	—
Net amount recognized	$	—
Weighted average assumptions used to determine the benefit obligation:
Discount rate	N/A
Rate of compensation increase	N/A

Amounts Recognized in Balance Sheet

The following provides information regarding benefit obligations, plan assets and the funded status of the plan as of December 31, 2021:

	Pension Benefits
(in millions)	2021
Change in benefit obligation:
Benefit obligation, beginning of year	$	18.4
Interest cost	0.4
Actuarial (gain) loss	(0.3)
Benefits paid	(0.8)
Pension settlement	(17.7)
Benefit obligation, end of year	—
Accumulated benefit obligation	—
Change in plan assets:
Fair value of plan assets, beginning of year	19.4
Actual gain on plan assets	0.6
Excess plan assets returned	(1.5)
Benefits paid	(0.8)
Pension settlement	(17.7)
Fair value of plan assets, end of year	—
Funded status, end of year	$	—
Amounts recognized in the consolidated balance sheets:
Long-term asset	$	—
Net amount recognized	$	—
Amounts recognized in accumulated other comprehensive loss consist of:
Net loss	$	—
Net amount recognized	$	—
Weighted average assumptions used to determine the benefit obligation:
Discount rate	N/A
Rate of compensation increase	N/A

Amounts Recognized in Other Comprehensive Income (Loss)

The following provides information regarding benefit obligations, plan assets and the funded status of the plan as of December 31, 2021:

	Pension Benefits
(in millions)	2021
Change in benefit obligation:
Benefit obligation, beginning of year	$	18.4
Interest cost	0.4
Actuarial (gain) loss	(0.3)
Benefits paid	(0.8)
Pension settlement	(17.7)
Benefit obligation, end of year	—
Accumulated benefit obligation	—
Change in plan assets:
Fair value of plan assets, beginning of year	19.4
Actual gain on plan assets	0.6
Excess plan assets returned	(1.5)
Benefits paid	(0.8)
Pension settlement	(17.7)
Fair value of plan assets, end of year	—
Funded status, end of year	$	—
Amounts recognized in the consolidated balance sheets:
Long-term asset	$	—
Net amount recognized	$	—
Amounts recognized in accumulated other comprehensive loss consist of:
Net loss	$	—
Net amount recognized	$	—
Weighted average assumptions used to determine the benefit obligation:
Discount rate	N/A
Rate of compensation increase	N/A

Weighted Average Assumptions Used

The following provides information regarding benefit obligations, plan assets and the funded status of the plan as of December 31, 2021:

	Pension Benefits
(in millions)	2021
Change in benefit obligation:
Benefit obligation, beginning of year	$	18.4
Interest cost	0.4
Actuarial (gain) loss	(0.3)
Benefits paid	(0.8)
Pension settlement	(17.7)
Benefit obligation, end of year	—
Accumulated benefit obligation	—
Change in plan assets:
Fair value of plan assets, beginning of year	19.4
Actual gain on plan assets	0.6
Excess plan assets returned	(1.5)
Benefits paid	(0.8)
Pension settlement	(17.7)
Fair value of plan assets, end of year	—
Funded status, end of year	$	—
Amounts recognized in the consolidated balance sheets:
Long-term asset	$	—
Net amount recognized	$	—
Amounts recognized in accumulated other comprehensive loss consist of:
Net loss	$	—
Net amount recognized	$	—
Weighted average assumptions used to determine the benefit obligation:
Discount rate	N/A
Rate of compensation increase	N/A

Net Periodic Benefit Cost

Net periodic benefit cost for 2021 and 2020 included the following components:

	Pension Benefits
(in millions)	2021		2020
Components of net periodic benefit cost (income):
Interest cost	$	0.4	$	0.5
Expected return on plan assets	(1.0)		(1.0)
Amortization of actuarial loss	0.4		0.4
Pension settlement	4.5		—
Net periodic benefit cost (income)	$	4.3	$	(0.1)
Other changes in plan assets and benefit obligations recognized in other comprehensive (loss) income:
Net actuarial loss (gain) for the year	$	—	$	0.4
Amortization of net loss	(0.4)		(0.4)
Pension settlement	(4.5)		—
Total recognized in other comprehensive (loss) income	(4.9)		—
Total recognized in net periodic benefit cost and other comprehensive (loss) income	$	(0.6)	$	(0.1)
Weighted average assumptions used to determine net periodic benefit cost for years ended December 31:
Discount rate	N/A		3.10		%
Expected return on plan assets	N/A		6.00		%
Rate of compensation increase	N/A		N/A