Acquisition (Tables)
 9 Months Ended
Sep. 30, 2016
Business Combinations [Abstract]  
Schedule of purchase price allocation of acquired assets and liabilities assumed
The following table presents the assets acquired and liabilities assumed, based on their preliminary estimated fair values and purchase consideration:
 
June 6, 2016
Accounts receivable
$
35.5

Inventory
20.9

Prepaid expenses / other assets
0.5

Property, plant and equipment
10.4

Goodwill
6.3

Intangible assets
17.2

Less : Other current liabilities
2.4

      Total consideration
$
88.4
Schedule of estimated fair values of intangible assets acquired
The Company determined the estimated fair values of intangible assets acquired with the assistance of independent valuation consultants. Based on the preliminary valuation, intangible assets received include the following:
 
Fair Value in Millions
Useful Life in Years
Customer relationships
$
14.1

10 - 12
Trade names
1.0

1 - 2
Non-competition agreements
2.1

5
      Total intangible assets
$
17.2