Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Leases (Tables)

v3.19.1
Note 2 - Leases (Tables)
3 Months Ended
Mar. 31, 2019
Notes Tables  
Schedule of Finance and Operating Lease Assets and Liabilities [Table Text Block]
(in millions)
Classification
 
As of
March 31,
2019
Assets
         
Operating lease assets
Other noncurrent assets (a)
  $
6.5
 
Finance lease assets
Property, plant and equipment, net (a)
   
1.7
 
Total lease assets
 
  $
8.2
 
Liabilities
         
Current
         
Operating
Accrued liabilities
  $
2.7
 
Finance
Current portion of debt
   
1.1
 
Noncurrent
         
Operating
Other noncurrent liabilities
   
4.2
 
Finance
Noncurrent portion of debt
   
1.1
 
Total lease liabilities
 
  $
9.1
 
Schedule of Lease Expense [Table Text Block]
(in millions)
Classification
 
Three
Months
Ended
March 31, 2019
Operating lease expense
Cost of sales
  $
0.7
 
 
Selling, general and administrative expenses
   
0.2
 
Total operating lease expense (a)
 
   
0.9
 
           
Finance lease expense
         
Amortization of right-of-use assets
Cost of sales
   
0.4
 
Interest on lease liabilities
Interest expense, net
   
0.1
 
Total finance lease expense
 
   
0.5
 
Total lease expense
 
  $
1.4
 
Schedule of Lease Cash Flow Information [Table Text Block]
(in millions)
 
Three
Months Ended
March 31, 2019
Cash paid for amounts included in the measurement of lease liabilities:
       
Operating cash flows from operating leases
  $
0.9
 
Operating cash flows from finance leases
   
0.1
 
Financing cash flows from finance leases
   
0.5
 
Right-of-use assets obtained in exchange for lease obligations:
       
Operating leases
   
7.3
 
Finance leases
   
0.1
 
Schedule of Lease Terms and Discount Rates [Table Text Block]
 
 
As of March 31, 2019
Weighted-average remaining lease term (years):
       
Operating leases
   
3.1
 
Finance leases
   
3.0
 
Weighted-average discount rate:
       
Operating leases
   
5.4
%
Finance leases
   
5.4
%
Lease Liability Maturity [Table Text Block]
(in millions)
 
Operating Leases
 
Finance Leases
 
Total
2019 (excluding the three months ending March 31, 2019)   $
2.4
 
  $
1.0
 
  $
3.4
 
2020
   
2.2
 
   
0.5
 
   
2.7
 
2021
   
1.6
 
   
0.4
 
   
2.0
 
2022
   
0.7
 
   
0.3
 
   
1.0
 
2023
   
0.4
 
   
0.1
 
   
0.5
 
Thereafter
   
0.2
 
   
0.1
 
   
0.3
 
Total lease payments
   
7.5
 
   
2.4
 
   
9.9
 
Less: Imputed interest
   
(0.6
)
   
(0.2
)
   
(0.8
)
Present value of lease liabilities
  $
6.9
 
  $
2.2
 
  $
9.1
 
Schedule of Future Minimum Payments for Operating and Capital Leases [Table Text Block]
(in millions)
 
Operating Leases
   
Finance Leases
   
Total
 
2019
  $
3.2
    $
1.5
    $
4.7
 
2020
   
2.1
     
0.5
     
2.6
 
2021
   
1.5
     
0.3
     
1.8
 
2022
   
0.6
     
0.3
     
0.9
 
2023
   
0.3
     
0.1
     
0.4
 
Thereafter
   
0.2
     
0.1
     
0.3
 
Total lease payments
  $
7.9
    $
2.8
    $
10.7