Document and Entity Information
| Document and Entity Information - shares | 3 Months Ended | |
| Mar. 31, 2017 | Apr. 25, 2017 | |
| Document And Entity Information [Abstract] | ||
| Document Type | 10-Q | |
| Amendment Flag | false | |
| Document Period End Date | Mar. 31, 2017 | |
| Document Fiscal Year Focus | 2,017 | |
| Document Fiscal Period Focus | Q1 | |
| Entity Registrant Name | Advanced Disposal Services, Inc. | |
| Entity Central Index Key | 1,585,790 | |
| Current Fiscal Year End Date | --12-31 | |
| Entity Filer Category | Non-accelerated Filer | |
| Entity Common Stock, Shares Outstanding | 88,263,804 |
Condensed Consolidated Balance
| Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions | Mar. 31, 2017 | Dec. 31, 2016 |
| Current assets | ||
| Cash and cash equivalents | $ 1.7 | $ 1.2 |
| Accounts receivable, net of allowance for doubtful accounts of $4.3 and $4.0, respectively | 169.3 | 183.2 |
| Prepaid expenses and other current assets | 31.2 | 30.3 |
| Total current assets | 202.2 | 214.7 |
| Other assets | 22.5 | 23.3 |
| Property and equipment, net of accumulated depreciation of $1,209.2 and $1,163.0, respectively | 1,683.3 | 1,633.4 |
| Goodwill | 1,200.7 | 1,173.9 |
| Other intangible assets, net of accumulated amortization of $220.9 and $210.7, respectively | 318.5 | 324.6 |
| Total assets | 3,427.2 | 3,369.9 |
| Current liabilities | ||
| Accounts payable | 70.7 | 86.5 |
| Accrued expenses | 117.6 | 109.8 |
| Deferred revenue | 61.4 | 62.5 |
| Current maturities of landfill retirement obligations | 30.2 | 29.3 |
| Current maturities of long-term debt | 56.5 | 36.5 |
| Total current liabilities | 336.4 | 324.6 |
| Other long-term liabilities | 55.5 | 54.2 |
| Long-term debt, less current maturities | 1,888.6 | 1,887 |
| Accrued landfill retirement obligations, less current maturities | 193.7 | 161.8 |
| Deferred income taxes | 124.8 | 112.8 |
| Total liabilities | 2,599 | 2,540.4 |
| Commitments and contingencies | ||
| Equity | ||
| Common stock: $.01 par value, 1,000,000,000 shares authorized, 88,263,804 and 88,034,813 shares issued and outstanding, respectively | 0.9 | 0.8 |
| Additional paid-in capital | 1,475.9 | 1,470.3 |
| Accumulated deficit | (648.6) | (641.6) |
| Total stockholders' equity | 828.2 | 829.5 |
| Total liabilities and stockholders’ equity | $ 3,427.2 | $ 3,369.9 |
Condensed Consolidated Balance3
| Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions | Mar. 31, 2017 | Dec. 31, 2016 |
| Statement of Financial Position [Abstract] | ||
| Allowance for doubtful accounts receivable | $ 4.3 | $ 4 |
| Accumulated depreciation property and equipment | 1,209.2 | 1,163 |
| Accumulated amortization other intangible assets | $ 220.9 | $ 210.7 |
| Common stock, par value (in dollars per share) | $ 0.01 | $ 0.01 |
| Common stock, shares authorized (in shares) | 1,000,000,000 | 1,000,000,000 |
| Common stock, shares issued (in shares) | 88,263,804 | 88,034,813 |
| Common stock, shares outstanding (in shares) | 88,263,804 | 88,034,813 |
Condensed Consolidated Statemen
| Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions | 3 Months Ended | |
| Mar. 31, 2017 | Mar. 31, 2016 | |
| Income Statement [Abstract] | ||
| Service revenues | $ 347.4 | $ 333.8 |
| Operating costs and expenses | ||
| Operating | 228.9 | 213.2 |
| Selling, general and administrative | 45 | 45 |
| Depreciation and amortization | 61.4 | 60.8 |
| Acquisition and development costs | 0.5 | 0.1 |
| Loss on disposal of assets | 0.3 | 0.9 |
| Restructuring charges | 0 | 0.8 |
| Total operating costs and expenses | 336.1 | 320.8 |
| Operating income | 11.3 | 13 |
| Other income (expense) | ||
| Interest expense | (22.5) | (34.4) |
| Other (expense) income, net | (0.5) | 0.1 |
| Total other income (expense) | (23) | (34.3) |
| Loss before income taxes | (11.7) | (21.3) |
| Income tax benefit | (4.7) | (7) |
| Net loss | $ (7) | $ (14.3) |
| Net loss attributable to common stockholders per share | ||
| Basic loss per share (in dollars per share) | $ (0.08) | $ (0.22) |
| Diluted loss per share (in dollars per share) | $ (0.08) | $ (0.22) |
| Basic average shares outstanding (in shares) | 88,136,714 | 64,493,536 |
| Diluted average shares outstanding (in shares) | 88,136,714 | 64,493,536 |
Condensed Consolidated Stateme5
| Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Millions | 3 Months Ended | |
| Mar. 31, 2017 | Mar. 31, 2016 | |
| Statement of Comprehensive Income [Abstract] | ||
| Net loss | $ (7) | $ (14.3) |
| Other comprehensive loss, net of tax | 0 | 0 |
| Comprehensive loss | $ (7) | $ (14.3) |
Condensed Consolidated Stateme6
| Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - 3 months ended Mar. 31, 2017 - USD ($) $ in Millions | Total | Common Stock | Additional Paid-In Capital | Accumulated Deficit |
| Balance (in shares) at Dec. 31, 2016 | 88,034,813 | |||
| Balance at Dec. 31, 2016 | $ 829.5 | $ 0.8 | $ 1,470.3 | $ (641.6) |
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||
| Net loss | (7) | (7) | ||
| Stock-based compensation | 2.7 | 2.7 | ||
| Stock option exercises (in shares) | 228,991 | |||
| Stock option exercises | 3 | $ 0.1 | 2.9 | |
| Balance (in shares) at Mar. 31, 2017 | 88,263,804 | |||
| Balance at Mar. 31, 2017 | $ 828.2 | $ 0.9 | $ 1,475.9 | $ (648.6) |
Condensed Consolidated Stateme7
| Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions | 3 Months Ended | |
| Mar. 31, 2017 | Mar. 31, 2016 | |
| Cash flows from operating activities | ||
| Net loss | $ (7) | $ (14.3) |
| Adjustments to reconcile net loss to net cash provided by operating activities | ||
| Depreciation and amortization | 61.4 | 60.8 |
| Change in fair value of derivative instruments | 0.8 | (4.1) |
| Amortization of interest rate cap premium | 0 | 0.2 |
| Amortization of debt issuance costs and original issue discount | 1.6 | 4.9 |
| Accretion on landfill retirement obligations | 3.6 | 3.3 |
| Other accretion and amortization | 0.9 | 0.6 |
| Provision for doubtful accounts | 1.2 | 0.8 |
| Loss on disposition of property and equipment | 0.3 | 0.8 |
| Stock based compensation | 2.7 | 0.4 |
| Deferred tax benefit | (5.3) | (7.3) |
| Earnings in equity investee | (0.4) | (0.5) |
| Changes in operating assets and liabilities, net of businesses acquired | ||
| Decrease in accounts receivable | 15.2 | 9.9 |
| (Increase) decrease in prepaid expenses and other current assets | (0.2) | 4.4 |
| Decrease (increase) in other assets | 0.4 | (0.4) |
| Decrease in accounts payable | (7.8) | (3.1) |
| Increase in accrued expenses | 5.1 | 4.2 |
| Decrease in unearned revenue | (1.4) | (1.8) |
| Increase (decrease) in other long-term liabilities | 1 | (0.6) |
| Capping, closure and post-closure obligations | (0.8) | (4.2) |
| Assumption of long term care and closure reserve | 24 | 0 |
| Net cash provided by operating activities | 95.3 | 54 |
| Cash flows from investing activities | ||
| Purchases of property and equipment and landfill construction and development | (41.9) | (38.5) |
| Proceeds from sale of property and equipment | 0.6 | 0.4 |
| Acquisition of businesses, net of cash acquired | (67.9) | (1.6) |
| Net cash used in investing activities | (109.2) | (39.7) |
| Cash flows from financing activities | ||
| Proceeds from borrowings on debt instruments | 87 | 35 |
| Repayment on debt instruments, including capital leases | (75.6) | (41.1) |
| Proceeds from stock option exercises | 3 | 0 |
| Bank overdraft | 0 | 1.1 |
| Other financing activities | 0 | 0.1 |
| Return of capital to former parent | 0 | (9.5) |
| Net cash provided by (used in) financing activities | 14.4 | (14.4) |
| Net increase in cash and cash equivalents | 0.5 | (0.1) |
| Cash and cash equivalents, beginning of period | 1.2 | 0.6 |
| Cash and cash equivalents, end of period | $ 1.7 | $ 0.5 |
Business Operations
| Business Operations | 3 Months Ended |
| Mar. 31, 2017 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Business Operations | Business Operations Advanced Disposal Services, Inc. together with its consolidated subsidiaries, as a consolidated entity, is a nonhazardous solid waste services company providing collection, transfer, recycling and disposal services to customers in the South, Midwest and Eastern regions of the United States. The Company manages and evaluates its principal operations through three reportable operating segments on a regional basis. Those operating segments are the South, East and Midwest regions which provide collection, transfer, recycling and disposal services. Additional information related to segments can be found in Note 9. Four acquisitions were completed during the three months ended March 31, 2017 for aggregate prices consisting of a cash purchase price, net of cash acquired, of $67.9 and notes payable of $0.7 , subject to net working capital adjustments and other commitments, which are expected to be completed within approximately one year. Four acquisitions were completed during the three months ended March 31, 2016 for a cash purchase price of $1.4 and notes payable of $0.2 . The results of operations of each acquisition are included in the Company's unaudited condensed consolidated statements of operations subsequent to the closing date of each acquisition. The Company is still reviewing information surrounding property and equipment, intangible assets, current liabilities and long-term liabilities related to acquisitions completed subsequent to March 31, 2016. See Note 12, Acquisitions, to our unaudited condensed consolidated financial statements for further details on acquisitions completed during the three months ended March 31, 2017. During the three months ended March 31, 2017, the Company entered into an Asset Transfer and Liability Assumption Agreement with BFI Waste Systems of North America, LLC. The Company received a cash payment of $24.0 which was recorded as an operating cash flow. In exchange for this payment, the Company assumed certain post-closure liabilities of a closed portion of a landfill and became responsible for expenditures related to a gas infrastructure system. The assumed post-closure liabilities and expenditures related to the gas infrastructure system approximate the amount of the cash payment. The payments related to the assumed post-closure liabilities and expenditures related to the gas infrastructure system will be made in future periods. |
Basis of Presentation
| Basis of Presentation | 3 Months Ended |
| Mar. 31, 2017 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Basis of Presentation | Basis of Presentation The Company’s condensed consolidated financial statements include its wholly-owned subsidiaries and their respective subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The condensed consolidated financial statements as of March 31, 2017 and for the three months ended March 31, 2017 and 2016 are unaudited. In the opinion of management, these condensed consolidated financial statements include all adjustments, which, unless otherwise disclosed, are of a normal recurring nature, necessary for a fair statement of the balance sheet, results of operations, comprehensive loss, cash flows, and changes in equity for the periods presented. The results for interim periods are not necessarily indicative of results for the entire year. The financial statements presented herein should be read in conjunction with the financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2016 . In conformity with accounting principles generally accepted in the United States of America, the Company uses estimates and assumptions that affect the amounts reported in these condensed consolidated financial statements and accompanying notes. The Company must make these estimates and assumptions because certain information that it uses is dependent on future events, cannot be calculated with a high degree of precision from data available or simply cannot be readily calculated based on generally accepted methodologies. In preparing the Company's financial statements, the more subjective areas that deal with the greatest amount of uncertainty relate to: accounting for long-lived assets, including recoverability; landfill development costs, final capping, closure and post-closure costs; valuation allowances for accounts receivable and deferred tax assets; liabilities for potential litigation; claims and assessments; liabilities for environmental remediation; stock compensation; accounting for goodwill and intangible asset impairments; deferred taxes; uncertain tax positions; self-insurance reserves; and estimates of the fair value of assets acquired and liabilities assumed in any acquisition. Actual results could differ materially from the estimates and assumptions that the Company uses in preparation of its financial statements. Recently Issued Accounting Standards In January 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2017-04 which simplifies the goodwill impairment test by eliminating step 2 of the quantitative assessment. Under the guidance, when a quantitative assessment is required, an entity will perform a goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An impairment charge will be measured as the amount by which the carrying amount exceeds the reporting unit's fair value, not to exceed the total amount of goodwill allocated to that reporting unit. Additionally, entities should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. This amended guidance is effective for the Company on January 1, 2020 and early adoption of the standard is permitted. The Company's early adoption on January 1, 2017 did not have an impact on the Company's consolidated financial statements. In January 2017, the FASB issued ASU 2017-01 which clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments provide a screen to determine when a set of assets and activities is not a business. If the screen is not met, the amendments require further consideration of inputs, substantive processes and outputs to determine whether the transaction is an acquisition of a business. The new update is effective for annual periods beginning after December 15, 2017 with early adoption permitted. The Company's early adoption on January 1, 2017 did not have an impact on the Company's consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases, which will require lessees to recognize most leases on their balance sheets as a right-of-use asset with a corresponding lease liability, and lessors to recognize a net lease investment. Additional qualitative and quantitative disclosures will also be required to increase transparency and comparability among organizations. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption of the standard is permitted, however; the Company does not expect to early adopt the ASU. Lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented. While the Company is still assessing the impact of this standard, it does not believe this standard will have a material impact on the Company's financial condition, results of operations or liquidity. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, which supersedes previous revenue recognition guidance. The new standard requires that a company recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration the company expects to receive in exchange for those goods or services. Companies will need to use more judgment and estimates than under the guidance currently in effect, including estimating the amount of variable revenue to recognize over each identified performance obligation. Additional disclosures will be required to help users of financial statements understand the nature, amount and timing of revenue and cash flows arising from contracts. This standard will become effective for the Company beginning with the first quarter 2018 and can be adopted either retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption. The Company anticipates adopting the standard as a cumulative effect adjustment as of the date of adoption. To assess the impact of the standard, the Company is using internal resources to lead the implementation efforts. The Company's internal resources reviewed the amended guidance, attended training classes and consulted with other accounting professionals to assist with interpretation of the amended guidance. The Company completed a review of its municipal contracts and documented key terms. The Company is in the process of sampling additional contracts based on size and specifically identified contract characteristics that could be accounted for differently under the amended guidance. Changes to processes and internal controls are being identified to meet the standard’s reporting and disclosure requirements. The Company is still in the process of determining if the new standard will impact the timing of revenue recognition. |
Landfill Liabilities
| Landfill Liabilities | 3 Months Ended |
| Mar. 31, 2017 | |
| Asset Retirement Obligation Disclosure [Abstract] | |
| Landfill Liabilities | Landfill Liabilities Liabilities for final closure and post-closure costs for the year ended December 31, 2016 and for the three months ended March 31, 2017 are shown in the table below: Balance at December 31, 2015 $ 193.7 Increase in retirement obligation 9.3 Accretion of closure and post-closure costs 13.0 Change in estimate (7.4 ) Costs incurred (17.5 ) Balance at December 31, 2016 191.1 Increase in retirement obligation 2.1 Accretion of closure and post-closure costs 3.6 Costs incurred (0.8 ) Assumption of long term care and closure reserves 27.9 Balance at March 31, 2017 223.9 Less: Current portion (30.2 ) $ 193.7 |
Loss Per Share
| Loss Per Share | 3 Months Ended |
| Mar. 31, 2017 | |
| Earnings Per Share [Abstract] | |
| Loss Per Share | Loss Per Share The following table sets forth the computation of basic loss per share and loss per share, assuming dilution: Three Months Ended March 31, 2017 2016 Numerator: (Dollars in millions) Net loss $ (7.0 ) $ (14.3 ) Denominator: Average common shares outstanding 88,136,714 64,493,536 Other potentially dilutive common shares — — Average common shares outstanding, assuming dilution 88,136,714 64,493,536 Net loss per share, basic $ (0.08 ) $ (0.22 ) Net loss per share, assuming dilution $ (0.08 ) $ (0.22 ) Basic net loss per share is based on the weighted-average number of shares of common stock outstanding for each of the periods presented. Net loss per share, assuming dilution, is based on the weighted-average number of shares of common stock equivalents outstanding adjusted for the effects of common stock that may be issued as a result of potentially dilutive instruments. The Company's potentially dilutive instruments are made up of equity awards, which include stock options, restricted stock awards, and performance stock awards. Pursuant to the FASB’s Accounting Standards Codification (“ASC”) Topic 260, Earnings Per Share, the Company includes additional shares in the computation of net income per share, assuming dilution. This is not applicable for either period presented as the Company is in a net loss position for each period. The additional shares that would be included in diluted net income per share would represent the number of shares that would be issued if all of the above potentially dilutive instruments were converted into common stock. When calculating diluted net income per share, the ASC requires the Company to include the potential shares that would be outstanding if all outstanding stock options were exercised. This number is different from outstanding stock options because it is offset by shares the Company could repurchase using the proceeds from these hypothetical exercises to obtain the common stock equivalent. Approximately 3.8 million and 3.9 million of outstanding stock awards for the first quarters ended March 31, 2017 and March 31, 2016, respectively, were excluded from the diluted loss per share calculation because their effect was antidilutive. |
Debt
| Debt | 3 Months Ended |
| Mar. 31, 2017 | |
| Debt Disclosure [Abstract] | |
| Debt | Debt The following table summarizes the major components of debt at each balance sheet date and provides the maturities and interest rate ranges of each major category of debt: March 31, December 31, Revolving line of credit with lenders (Revolver), interest at applicable rate plus margin, as defined (3.88% a nd 4.49% at March 31, 2017 and December 31, 2016, respectively) due quarterly; balance due at maturity in November 2021 $ 22.0 $ — Term loans (Term Loan B); quarterly payments of $3.75 commencing March 31, 2017 through September 30, 2023 with final payment due November 10, 2023; interest at an alternate base rate or adjusted LIBOR rate with a 0.75% floor plus an applicable margin 1,476.3 1,480.0 Senior notes (Senior Notes) payable; interest at 5.625% payable in arrears semi-annually commencing May 15, 2017; maturing on November 15, 2024 425.0 425.0 Capital lease obligations, maturing through 2024 45.6 42.5 Other debt 13.9 15.1 1,982.8 1,962.6 Less: Original issue discount and debt issuance costs classified as a reduction to long-term debt (37.7 ) (39.1 ) Less: Current portion (56.5 ) (36.5 ) $ 1,888.6 $ 1,887.0 All borrowings under the Term Loan B and the Revolver are guaranteed by each of the Company's current and future U.S. subsidiaries (which also guarantee the Senior Notes), subject to certain agreed-upon exemptions. All guarantors are jointly and severally and fully and unconditionally liable. There are no significant restrictions on the Company or any guarantor to obtain funds from its subsidiaries by dividend or loan. Revolver and Letter of Credit Facilities As of March 31, 2017 , the Company had an aggregate committed capacity of $300.0 , of which $100.0 was available for letters of credit under its credit facilities. The Company’s Revolver is its primary source of letter of credit capacity and expires in 2021. As of March 31, 2017 and December 31, 2016, the Company had $22.0 and $0.0 of borrowings outstanding on the Revolver, respectively. As of March 31, 2017 and December 31, 2016, the Company had an aggregate of $42.1 and $42.1 , respectively, of letters of credit outstanding under its credit facilities. |
Derivative Instruments and Hedg
| Derivative Instruments and Hedging Activities | 3 Months Ended |
| Mar. 31, 2017 | |
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |
| Derivative Instruments and Hedging Activities | Derivative Instruments and Hedging Activities The following table summarizes the fair values of derivative instruments recorded in the Company’s condensed consolidated balance sheets: Balance Sheet Location March 31, 2017 December 31, Derivatives Not Designated as Hedging Instruments 2016 Interest rate caps Other long term assets $ 1.5 $ 2.3 Total derivatives $ 1.5 $ 2.3 The Company has not offset fair value of assets and liabilities recognized for its derivative instruments. Interest Rate Caps In December 2012, the Company entered into four interest rate cap agreements to hedge the risk of a rise in interest rates and associated cash flows on its variable rate debt. The interest rate caps expired in various tranches through fiscal 2016. The Company recorded a premium of $5.0 in other assets in the condensed consolidated balance sheets and amortized the premium to interest expense based upon decreases in time value of the caps. Amortization expense was approximately $0.2 for the three months ending March 31, 2016 . In May 2016, the Company entered into three interest rate cap agreements as economic hedges against the risk of a rise in interest rates and the associated cash flows on its variable rate debt. The Company is paying the $5.5 premium of the caps equally over eleven quarters beginning on March 31, 2017. The Company elected not to apply hedge accounting to these interest rate caps therefore changes in the fair value of the interest rate caps are recorded in other income (expense), net in the condensed consolidated statements of operations. The Company recorded a loss of $1.3 for the three months ended March 31, 2017 of which $0.5 was a realized loss. The notional value of the contracts aggregated were $800.0 as of March 31, 2017 and will remain constant through maturity in September 2019. Commodity Futures Contracts Prior to fiscal 2017, the company utilized fuel derivative instruments (commodity futures contracts) as economic hedges of the risk that fuel prices would fluctuate. The Company has used financial derivative instruments for both short-term and long-term time frames and utilized fixed price swap agreements to manage the identified risk. The Company does not currently have plans to enter into derivative financial instruments for trading or speculative purposes. All fuel derivative contracts entered into by the Company expired prior to fiscal 2017. Changes in the fair value and settlements of the fuel derivative instruments were recorded in other income (expense), net in the condensed consolidated statements of operations. The Company recorded losses of $0.6 for the three months ended March 31, 2016. |
Income Taxes
| Income Taxes | 3 Months Ended |
| Mar. 31, 2017 | |
| Income Tax Disclosure [Abstract] | |
| Income Taxes | Income Taxes The Company’s effective income tax benefit rate for the three months ended March 31, 2017 and 2016 was 40.2% and 32.9% , respectively. We evaluate our effective income tax rate at each interim period and adjust it accordingly as facts and circumstances warrant. The difference between income taxes computed at the federal statutory rate of 35% and reported income taxes for the three months ended March 31, 2017 was primarily due to the favorable impact of the change in recorded valuation allowance and the favorable impact of state and local taxes. The difference between income taxes computed at the federal statutory rate of 35% and reported income taxes for the three months ended March 31, 2016 was primarily due to the unfavorable impact of the change in recorded valuation allowance and the unfavorable impact of permanently non-deductible expenses. As of March 31, 2017, we have $10.2 of liabilities associated with unrecognized tax benefits and related interest. These liabilities are primarily included as a component of long-term “Other liabilities” in our condensed consolidated balance sheet because the Company generally does not anticipate that settlement of the liabilities will require payment of cash within the next 12 months. We are not able to reasonably estimate when we would make any cash payments required to settle these liabilities, but we do not believe that the ultimate settlement of our obligations will materially affect our liquidity. |
Commitments and Contingencies
| Commitments and Contingencies | 3 Months Ended |
| Mar. 31, 2017 | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Commitments and Contingencies | Commitments and Contingencies Financial Instruments The Company has obtained letters of credit, performance bonds and insurance policies for the performance of landfill final capping, closure and post-closure requirements, environmental remediation, and other obligations. Letters of credit are supported by the Company’s Revolver (Note 5). The Company does not expect that any claims against or draws on these instruments would have a material adverse effect on the Company’s condensed consolidated financial statements. The Company has not experienced any unmanageable difficulty in obtaining the required financial assurance instruments for its current operations. In an ongoing effort to mitigate risks of future cost increases and reductions in available capacity, the Company continues to evaluate various options to access cost-effective sources of financial assurance. Insurance The Company carries insurance coverage for protection of its assets and operations from certain risks including automobile liability, general liability, real and personal property, workers' compensation, directors and officers liability, pollution, legal liability and other coverages the Company believes are customary to the industry. The Company's exposure to loss for insurance claims is generally limited to the per incident deductible, or self-insured retention, under the related insurance policy. Its exposure, however, could increase if its insurers are unable to meet their commitments on a timely basis. The Company has retained a significant portion of the risks related to its automobile, general liability, workers' compensation and health claims programs. For its self-insured retentions, the exposure for unpaid claims and associated expenses, including incurred but not reported losses, is based on an actuarial valuation and internal estimates. The accruals for these liabilities could be revised if future occurrences or loss development significantly differ from the Company's assumptions used. The Company does not expect the impact of any known casualty, property, environmental or other contingency to have a material impact on its financial condition, results of operations or cash flows. Litigation and Other Matters In February 2009, the Company and certain of its subsidiaries were named as defendants in a purported class action suit in the Circuit Court of Macon County, Alabama. Similar class action complaints were brought against the Company and certain of its subsidiaries in 2011 in Duval County, Florida and in 2013 in Quitman County, Georgia and Barbour County, Alabama, and in 2014 in Chester County, Pennsylvania. The 2013 Georgia complaint was dismissed in March 2014. In late 2015 in Gwinnett County, Georgia, another purported class action suit was filed. The plaintiffs in those cases primarily allege that the defendants charged improper fees (fuel, administrative and environmental fees) that were in breach of the plaintiffs' service agreements with the Company and seek damages in an unspecified amount. The Company believes that it has meritorious defenses against these purported class actions, which it will vigorously pursue. Given the inherent uncertainties of litigation, including the early stage of these cases, the unknown size of any potential class, and legal and factual issues in dispute, the outcome of these cases cannot be predicted and a range of loss, if any, cannot currently be estimated. In November 2014, the Attorney General of the State of Vermont filed a complaint against the Company relating to the Moretown, Vermont landfill regarding alleged odor and other environmental-related noncompliances with environmental laws and regulations and environmental permits. In the complaint, the Attorney General requested that the State of Vermont Superior Court find the Company liable for the alleged noncompliances, issue related civil penalties, and order the Company to reimburse the State of Vermont for enforcement costs. While the complaint does not specify a monetary penalty, prior correspondence from the Attorney General of the State of Vermont indicates that it may seek a penalty relating to the alleged noncompliances that is not expected to be material. Given the inherent uncertainties of litigation, including the early stage of this case, the outcome cannot be predicted and a range of loss, if any, cannot currently be estimated. In February 2017, a waste slide occurred in one cell at the Company’s Greentree Landfill in Kersey, Pennsylvania. During the three months ended March 31, 2017, the Company recorded a charge in operating expenses of $5.4 , representing the Company’s current estimate of probable costs to relocate displaced material and restore infrastructure, net of estimated insurance recoveries. Actual costs could vary depending on actual insurance recoveries and actual expenses incurred. The Company is subject to various other proceedings, lawsuits, disputes and claims and regulatory investigations arising in the ordinary course of its business. Many of these actions raise complex factual and legal issues and are subject to uncertainties. Actions filed against the Company include commercial, customer, and employment-related claims. The plaintiffs in some actions seek unspecified damages or injunctive relief, or both. These actions are in various procedural stages, and some are covered in part by insurance. Although the Company cannot predict the ultimate outcome and the range of loss cannot be currently estimated, the Company does not believe that the eventual outcome of any such action could have a material adverse effect on its business, financial condition, results of operations, or cash flows. Multiemployer Defined Benefit Pension Plans Approximately 13.1% of the Company’s workforce is covered by collective bargaining agreements with various local unions across its operating regions. As a result of some of these agreements, certain of the Company’s subsidiaries are participating employers in a number of trustee-managed multiemployer, defined benefit pension plans for the affected employees. In connection with its ongoing renegotiation of various collective bargaining agreements, the Company may discuss and negotiate for the complete or partial withdrawal from one or more of these pension plans. A complete or partial withdrawal from a multiemployer pension plan may also occur if employees covered by a collective bargaining agreement vote to decertify a union from continuing to represent them. The Company is not aware of any such actions in connection with continuing operations. As a result of certain discontinued operations, the Company is potentially exposed to certain withdrawal liabilities. The Company does not believe that any future withdrawals, individually or in the aggregate, from the multiemployer plans to which it contributes could have a material adverse effect on the Company's business, financial condition or liquidity. However, such withdrawals could have a material adverse effect on the Company's results of operations for a particular reporting period, depending on the number of employees withdrawn in any future period and the financial condition of the multiemployer plan(s) at the time of such withdrawal(s). Tax Matters The Company has open tax years dating back to 2000 in certain jurisdictions. Prior to the acquisition, MW Star Holdings, Corp. (Veolia ES Solid Waste division) was part of a consolidated group and is still subject to IRS and state examinations dating back to 2004. Pursuant to the terms of the acquisition of Veolia ES Solid Waste, Inc., the Company is entitled to certain indemnifications for Veolia ES Solid Waste Division's pre-acquisition tax liabilities. The Company maintains a liability for uncertain tax positions, the balance of which management believes is adequate. Results of audit assessments by taxing authorities are not currently expected to have a material adverse impact on the Company's results of operations or cash flows. |
Segment and Related Information
| Segment and Related Information | 3 Months Ended |
| Mar. 31, 2017 | |
| Segment Reporting [Abstract] | |
| Segment and Related Information | Segment and Related Information The Company manages and evaluates its operations primarily through its South, East and Midwest regional segments. These three groups are presented below as the Company’s reportable segments. The Company’s three geographic operating segments provide collection, transfer, disposal and recycling services. The Company serves residential, commercial and industrial, and municipal customers throughout its operating segments. As disclosed in the Company's 2016 Annual Report on Form 10-K, the Company reorganized its internal structure during the fourth quarter of fiscal 2016 by moving two business units from the East segment to the South segment. Segment revenue, operating income and depreciation and amortization for the quarter ended March 31, 2016 have been reclassified to reflect these changes to the Company's operating segments. As a result for the quarter ended March 31, 2016, $5.4 of segment revenue was reclassified from the East to the South, $0.8 of operating income was reclassified from the East to the South and $0.5 of depreciation and amortization was reclassified from the East to the South. Summarized financial information concerning reportable segments for the three months ended March 31, 2017 and 2016 are shown in the table below: Service Operating Depreciation Three Months Ended March 31, 2017 South $ 135.5 $ 22.2 $ 19.1 East 86.1 (2.6 ) 17.5 Midwest 125.8 11.3 22.6 Corporate — (19.6 ) 2.2 $ 347.4 $ 11.3 $ 61.4 Three Months Ended March 31, 2016 South $ 128.6 $ 20.7 $ 19.1 East 82.9 2.8 16.9 Midwest 122.3 11.4 22.9 Corporate — (21.9 ) 1.9 $ 333.8 $ 13.0 $ 60.8 Fluctuations in the Company's operating results may be caused by many factors, including period-to-period changes in the relative contribution of revenue by each line of business and operating segment and by general economic conditions. In addition, its revenues and income from operations typically reflect seasonal patterns. The Company expects its operating results to vary seasonally, with revenues typically lowest in the first quarter, higher in the second and third quarters and lower in the fourth quarter than in the second and third quarters. This seasonality reflects the lower volume of solid waste generated during the late fall, winter and early spring in the East and Midwest segments because of decreased construction and demolition activities during winter months in these regions of the United States. In addition, some of the Company's operating costs may be higher in the winter months. Adverse winter weather conditions slow waste collection activities, resulting in higher labor and operational costs. Greater precipitation in the winter increases the weight of collected municipal solid waste, resulting in higher disposal costs, which are calculated on a per ton basis. Additionally, certain destructive weather conditions that tend to occur during the second half of the year, such as hurricanes that most often impact the South region, can increase the Company’s revenues in the areas affected. While weather-related and other occurrences can boost revenues through additional work, as a result of significant start-up costs and other factors, such revenue sometimes generates earnings at comparatively lower margins. Certain weather conditions, including severe winter storms, may result in the temporary suspension of the Company’s operations, which can significantly affect the operating results of the affected regions. No such events have occurred during the periods presented. |
Fair Value Measurements
| Fair Value Measurements | 3 Months Ended |
| Mar. 31, 2017 | |
| Fair Value Disclosures [Abstract] | |
| Fair Value Measurements | Fair Value Measurements Assets and Liabilities Accounted for at Fair Value In measuring fair values of assets and liabilities, the Company uses valuation techniques that maximize the use of observable inputs (Level 1) and minimize the use of unobservable inputs (Level 3). The Company also uses market data or assumptions that it believes market participants would use in pricing an asset or liability, including assumptions about risk when appropriate. The carrying value for certain of the Company's financial instruments approximate fair value because of their short-term nature. The Company’s assets and liabilities that are measured at fair value on a recurring basis include the following: Fair Value Measurement at March 31, 2017 Total Quoted Prices Significant Significant Total Carrying Recurring fair value measurements Cash and cash equivalents $ 1.7 $ 1.7 $ — $ — $ — $ 1.7 Interest rate caps - asset position 1.5 — 1.5 — — 1.5 Total recurring fair value measurements $ 3.2 $ 1.7 $ 1.5 $ — $ — $ 3.2 Fair Value Measurement at December 31, 2016 Total Quoted Prices Significant Significant Total Carrying Recurring fair value measurements Cash and cash equivalents $ 1.2 $ 1.2 $ — $ — $ — $ 1.2 Interest rate caps - asset position 2.3 — 2.3 — — 2.3 Total recurring fair value measurements $ 3.5 $ 1.2 $ 2.3 $ — $ — $ 3.5 The fair value of the interest rate caps are determined using standard option valuation models with assumptions about interest rates based on those observed in underlying markets (Level 2 in fair value hierarchy). Fair Value of Debt The fair value of the Company’s debt (Level 2) is estimated using indirectly observable market inputs, except for the Revolver for which cost approximates fair value due to the short-term nature of the interest rate. Although the Company has determined the estimated fair value amounts using quoted market prices, considerable judgment is required in interpreting the information and in developing the estimated fair values. Therefore, these estimates are not necessarily indicative of the amounts that the Company, or holders of the instruments, could realize in a current market exchange. The fair value estimates are based on information available as of March 31, 2017 and December 31, 2016 , respectively. The estimated fair value of the Company’s debt is as follows: March 31, December 31, Revolver $ 22.0 $ — Senior Notes 430.8 425.5 Term Loan B 1,488.3 1,495.7 $ 1,941.1 $ 1,921.2 The carrying value of the Company’s debt at March 31, 2017 and December 31, 2016 was $1,923.3 and $1,905.0 , respectively. |
Stock-based Compensation
| Stock-based Compensation | 3 Months Ended |
| Mar. 31, 2017 | |
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |
| Stock-Based Compensation | Stock-based Compensation Named Executive Officer (NEO) Grants During the quarter ended March 31, 2017, there were 50,464 NEO restricted stock units granted under the 2016 Omnibus Equity Plan (the "2016 Plan") with a fair value of $22.00 per share. The restricted stock units will vest in three equal installments over each of the first three anniversaries of the date of the grant. During the quarter ended March 31, 2017, there were 100,930 NEO performance stock units (PSUs) granted under the 2016 Plan with a fair value of $22.00 per share. The PSUs will vest in full on the third anniversary of the date of the grant. The PSUs shall be measured based on the Company's budget and are weighted as follows: Adjusted EBITDA: 50% ; Adjusted EBITDA less capital expenditures: 30% ; and Revenue: 20% . The measurement criteria begins with an attainment of 90% of the budget which results in vesting of 25% of the shares underlying the PSUs granted and ends with an attainment of 110% of the budget which results in vesting of 175% of the shares underlying the PSUs granted. Performance will be measured separately for each of the three years in the performance period and the total number of PSUs earned at the conclusion of the three -year performance period will be the sum of the PSUs earned with respect to each individual year. During the quarter ended March 31, 2017, there were 213,507 NEO options granted under the 2016 Plan. Each option had an estimated fair value of $5.20 per option on the date of grant and each option had an exercise price of $22.00 . The options will vest in three equal installments over each of the first three anniversaries of the date of the grant. The contractual term of each option is ten years. During the quarter ended March 31, 2017, 118,217 performance options were granted to the Company's Chief Executive Officer based on fiscal 2016 performance criteria. Each option had an estimated fair value of $5.86 per option on the date of grant and each option had an exercise price of $23.30 . The options will vest in full on the third anniversary of the date of the grant. The contractual term of each option is ten years. Non-Employee Director Grants During the quarter ended March 31, 2017, there were 4,545 restricted stock units granted under the 2016 Plan to non-employee directors with a fair value of $22.00 per share. The restricted stock units will vest in three equal installments over each of the first three anniversaries of the date of the grant. Annual Stock Option Grants During the quarter ended March 31, 2017, there were 788,500 annual options granted under the 2016 Plan for employees other than the NEO's. Each option had an estimated fair value of $5.32 per option on the date of grant and each option had an exercise price of $22.00 . The options will vest 20% on date of grant and 20% in four equal installments over each of the first four anniversaries of the date of the grant. The contractual term of each option is ten years. |
Acquisitions
| Acquisitions | 3 Months Ended |
| Mar. 31, 2017 | |
| Business Combinations [Abstract] | |
| Acquisitions | Acquisitions Four acquisitions were completed during the three months ended March 31, 2017 for aggregate prices consisting of a cash purchase price, net of cash acquired, of $67.9 and notes payable of $0.7 , subject to net working capital adjustments and other commitments, which are expected to be completed within approximately one year. The goodwill recognized of $26.8 represents synergies from the combined operations of the acquired entities and the Company. The Company is still reviewing information surrounding property and equipment, intangible assets, current liabilities and long-term liabilities resulting from the acquisitions, which may result in changes to the Company’s preliminary purchase price allocation during subsequent periods. Transaction costs related to these acquisitions were not significant for the quarter ended March 31, 2017. The results of operations of each acquisition are included in the consolidated statements of operations of the Company subsequent to the closing date of each acquisition. The following table summarizes the estimated fair values of the assets acquired, net of cash acquired, during the quarter ended March 31, 2017: March 31, 2017 Current assets $ 3.3 Property and equipment 58.8 Goodwill 26.8 Other intangible assets 4.1 Total assets acquired 93.0 Current liabilities 3.8 Accrued landfill retirement obligations 3.9 Deferred tax liability 17.4 Total liabilities assumed 25.1 Net assets acquired $ 67.9 The following table presents the allocation of the purchase price to other intangible assets: March 31, 2017 Customer lists and contracts $ 3.8 Noncompete 0.1 Other 0.2 $ 4.1 The amount of goodwill recorded related to these acquisitions for the South Segment, East Segment, and Midwest Segment was $0.0 , $26.6 , and $0.2 , respectively. The amount of goodwill deductible for tax purposes related to these acquisitions is $0.2 . The weighted average life of other intangible assets in years is as follows: Customer lists and contracts 16 Noncompete 5 |
Subsequent Events
| Subsequent Events | 3 Months Ended |
| Mar. 31, 2017 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events Collection Operations Facility Lease On May 1, 2017, the Company commenced a capital lease for a 22,500 square foot building and related improvements near Orlando, Florida. The Company plans to operate the premises as a terminal for the storage and maintenance of collection vehicles. The lease shall terminate on the last day of the ten th lease year and the Company shall have the right to extend the term of the lease for five consecutive periods of five years each. The Company expects to record approximately $7.2 of property and equipment and $7.2 of long term debt, less current maturities, on the balance sheet during the second quarter of fiscal 2017. Intangible Asset Impairment The Company has collection operations in South Carolina which operates in a competitor owned disposal market that does not align with the Company's long-term market strategy of vertically integrated operations with Company owned disposal sites or marketplace neutral disposal sites. During April of fiscal 2017, facts and circumstances led the Company to evaluate the long-term market strategy for the South Carolina collection operations and re-evaluate the cash flows provided by this market. The Company determined it appropriate to impair certain intangible assets that were recorded as part of the purchase accounting when these entities were acquired. Based on these facts and circumstances, the Company anticipates recording an intangible asset impairment charge of $13.1 during the second quarter of fiscal 2017. |
Basis of Presentation (Policies
| Basis of Presentation (Policies) | 3 Months Ended |
| Mar. 31, 2017 | |
| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
| Consolidation | The Company’s condensed consolidated financial statements include its wholly-owned subsidiaries and their respective subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. |
| Use of Estimates and Assumptions | In conformity with accounting principles generally accepted in the United States of America, the Company uses estimates and assumptions that affect the amounts reported in these condensed consolidated financial statements and accompanying notes. The Company must make these estimates and assumptions because certain information that it uses is dependent on future events, cannot be calculated with a high degree of precision from data available or simply cannot be readily calculated based on generally accepted methodologies. In preparing the Company's financial statements, the more subjective areas that deal with the greatest amount of uncertainty relate to: accounting for long-lived assets, including recoverability; landfill development costs, final capping, closure and post-closure costs; valuation allowances for accounts receivable and deferred tax assets; liabilities for potential litigation; claims and assessments; liabilities for environmental remediation; stock compensation; accounting for goodwill and intangible asset impairments; deferred taxes; uncertain tax positions; self-insurance reserves; and estimates of the fair value of assets acquired and liabilities assumed in any acquisition. Actual results could differ materially from the estimates and assumptions that the Company uses in preparation of its financial statements. |
| Recently Issued Accounting Standards | Recently Issued Accounting Standards In January 2017, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2017-04 which simplifies the goodwill impairment test by eliminating step 2 of the quantitative assessment. Under the guidance, when a quantitative assessment is required, an entity will perform a goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An impairment charge will be measured as the amount by which the carrying amount exceeds the reporting unit's fair value, not to exceed the total amount of goodwill allocated to that reporting unit. Additionally, entities should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. This amended guidance is effective for the Company on January 1, 2020 and early adoption of the standard is permitted. The Company's early adoption on January 1, 2017 did not have an impact on the Company's consolidated financial statements. In January 2017, the FASB issued ASU 2017-01 which clarifies the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments provide a screen to determine when a set of assets and activities is not a business. If the screen is not met, the amendments require further consideration of inputs, substantive processes and outputs to determine whether the transaction is an acquisition of a business. The new update is effective for annual periods beginning after December 15, 2017 with early adoption permitted. The Company's early adoption on January 1, 2017 did not have an impact on the Company's consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases, which will require lessees to recognize most leases on their balance sheets as a right-of-use asset with a corresponding lease liability, and lessors to recognize a net lease investment. Additional qualitative and quantitative disclosures will also be required to increase transparency and comparability among organizations. This standard is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early adoption of the standard is permitted, however; the Company does not expect to early adopt the ASU. Lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented. While the Company is still assessing the impact of this standard, it does not believe this standard will have a material impact on the Company's financial condition, results of operations or liquidity. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, which supersedes previous revenue recognition guidance. The new standard requires that a company recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration the company expects to receive in exchange for those goods or services. Companies will need to use more judgment and estimates than under the guidance currently in effect, including estimating the amount of variable revenue to recognize over each identified performance obligation. Additional disclosures will be required to help users of financial statements understand the nature, amount and timing of revenue and cash flows arising from contracts. This standard will become effective for the Company beginning with the first quarter 2018 and can be adopted either retrospectively to each prior reporting period presented or as a cumulative effect adjustment as of the date of adoption. The Company anticipates adopting the standard as a cumulative effect adjustment as of the date of adoption. To assess the impact of the standard, the Company is using internal resources to lead the implementation efforts. The Company's internal resources reviewed the amended guidance, attended training classes and consulted with other accounting professionals to assist with interpretation of the amended guidance. The Company completed a review of its municipal contracts and documented key terms. The Company is in the process of sampling additional contracts based on size and specifically identified contract characteristics that could be accounted for differently under the amended guidance. Changes to processes and internal controls are being identified to meet the standard’s reporting and disclosure requirements. The Company is still in the process of determining if the new standard will impact the timing of revenue recognition. |
Landfill Liabilities (Tables)
| Landfill Liabilities (Tables) | 3 Months Ended |
| Mar. 31, 2017 | |
| Asset Retirement Obligation Disclosure [Abstract] | |
| Summary of Liabilities for Final Closure and Post-Closure Costs | Liabilities for final closure and post-closure costs for the year ended December 31, 2016 and for the three months ended March 31, 2017 are shown in the table below: Balance at December 31, 2015 $ 193.7 Increase in retirement obligation 9.3 Accretion of closure and post-closure costs 13.0 Change in estimate (7.4 ) Costs incurred (17.5 ) Balance at December 31, 2016 191.1 Increase in retirement obligation 2.1 Accretion of closure and post-closure costs 3.6 Costs incurred (0.8 ) Assumption of long term care and closure reserves 27.9 Balance at March 31, 2017 223.9 Less: Current portion (30.2 ) $ 193.7 |
Loss Per Share (Tables)
| Loss Per Share (Tables) | 3 Months Ended |
| Mar. 31, 2017 | |
| Earnings Per Share [Abstract] | |
| Computation of Basic and Dilutive Loss Per Share | The following table sets forth the computation of basic loss per share and loss per share, assuming dilution: Three Months Ended March 31, 2017 2016 Numerator: (Dollars in millions) Net loss $ (7.0 ) $ (14.3 ) Denominator: Average common shares outstanding 88,136,714 64,493,536 Other potentially dilutive common shares — — Average common shares outstanding, assuming dilution 88,136,714 64,493,536 Net loss per share, basic $ (0.08 ) $ (0.22 ) Net loss per share, assuming dilution $ (0.08 ) $ (0.22 ) |
Debt (Tables)
| Debt (Tables) | 3 Months Ended |
| Mar. 31, 2017 | |
| Debt Disclosure [Abstract] | |
| Summary of Major Components of Debt | The following table summarizes the major components of debt at each balance sheet date and provides the maturities and interest rate ranges of each major category of debt: March 31, December 31, Revolving line of credit with lenders (Revolver), interest at applicable rate plus margin, as defined (3.88% a nd 4.49% at March 31, 2017 and December 31, 2016, respectively) due quarterly; balance due at maturity in November 2021 $ 22.0 $ — Term loans (Term Loan B); quarterly payments of $3.75 commencing March 31, 2017 through September 30, 2023 with final payment due November 10, 2023; interest at an alternate base rate or adjusted LIBOR rate with a 0.75% floor plus an applicable margin 1,476.3 1,480.0 Senior notes (Senior Notes) payable; interest at 5.625% payable in arrears semi-annually commencing May 15, 2017; maturing on November 15, 2024 425.0 425.0 Capital lease obligations, maturing through 2024 45.6 42.5 Other debt 13.9 15.1 1,982.8 1,962.6 Less: Original issue discount and debt issuance costs classified as a reduction to long-term debt (37.7 ) (39.1 ) Less: Current portion (56.5 ) (36.5 ) $ 1,888.6 $ 1,887.0 |
Derivative Instruments and He25
| Derivative Instruments and Hedging Activities (Tables) | 3 Months Ended |
| Mar. 31, 2017 | |
| Derivative Instruments and Hedging Activities Disclosure [Abstract] | |
| Summary of Fair Values of Derivative Instruments Recorded in Condensed Consolidated Balance Sheets | The following table summarizes the fair values of derivative instruments recorded in the Company’s condensed consolidated balance sheets: Balance Sheet Location March 31, 2017 December 31, Derivatives Not Designated as Hedging Instruments 2016 Interest rate caps Other long term assets $ 1.5 $ 2.3 Total derivatives $ 1.5 $ 2.3 |
Segment and Related Informati26
| Segment and Related Information (Tables) | 3 Months Ended |
| Mar. 31, 2017 | |
| Segment Reporting [Abstract] | |
| Summary of Financial Information Concerning Reportable Segments | Summarized financial information concerning reportable segments for the three months ended March 31, 2017 and 2016 are shown in the table below: Service Operating Depreciation Three Months Ended March 31, 2017 South $ 135.5 $ 22.2 $ 19.1 East 86.1 (2.6 ) 17.5 Midwest 125.8 11.3 22.6 Corporate — (19.6 ) 2.2 $ 347.4 $ 11.3 $ 61.4 Three Months Ended March 31, 2016 South $ 128.6 $ 20.7 $ 19.1 East 82.9 2.8 16.9 Midwest 122.3 11.4 22.9 Corporate — (21.9 ) 1.9 $ 333.8 $ 13.0 $ 60.8 |
Fair Value Measurements (Tables
| Fair Value Measurements (Tables) | 3 Months Ended |
| Mar. 31, 2017 | |
| Fair Value Disclosures [Abstract] | |
| Assets and Liabilities Measured at Fair Value on Recurring Basis | The Company’s assets and liabilities that are measured at fair value on a recurring basis include the following: Fair Value Measurement at March 31, 2017 Total Quoted Prices Significant Significant Total Carrying Recurring fair value measurements Cash and cash equivalents $ 1.7 $ 1.7 $ — $ — $ — $ 1.7 Interest rate caps - asset position 1.5 — 1.5 — — 1.5 Total recurring fair value measurements $ 3.2 $ 1.7 $ 1.5 $ — $ — $ 3.2 Fair Value Measurement at December 31, 2016 Total Quoted Prices Significant Significant Total Carrying Recurring fair value measurements Cash and cash equivalents $ 1.2 $ 1.2 $ — $ — $ — $ 1.2 Interest rate caps - asset position 2.3 — 2.3 — — 2.3 Total recurring fair value measurements $ 3.5 $ 1.2 $ 2.3 $ — $ — $ 3.5 |
| Estimated Fair Value of Company's Debt | The estimated fair value of the Company’s debt is as follows: March 31, December 31, Revolver $ 22.0 $ — Senior Notes 430.8 425.5 Term Loan B 1,488.3 1,495.7 $ 1,941.1 $ 1,921.2 |
Acquisitions (Tables)
| Acquisitions (Tables) | 3 Months Ended |
| Mar. 31, 2017 | |
| Business Combinations [Abstract] | |
| Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed | The following table summarizes the estimated fair values of the assets acquired, net of cash acquired, during the quarter ended March 31, 2017: March 31, 2017 Current assets $ 3.3 Property and equipment 58.8 Goodwill 26.8 Other intangible assets 4.1 Total assets acquired 93.0 Current liabilities 3.8 Accrued landfill retirement obligations 3.9 Deferred tax liability 17.4 Total liabilities assumed 25.1 Net assets acquired $ 67.9 |
| Schedule of Purchase Price Allocation to Other Intangible Assets | The following table presents the allocation of the purchase price to other intangible assets: March 31, 2017 Customer lists and contracts $ 3.8 Noncompete 0.1 Other 0.2 $ 4.1 |
| Schedule of Weighted Average Remaining Life of Other Intangible Assets | The weighted average life of other intangible assets in years is as follows: Customer lists and contracts 16 Noncompete 5 |
Business Operations (Details)
| Business Operations (Details) $ in Millions | 3 Months Ended | |
| Mar. 31, 2017USD ($)Segmentcompany | Mar. 31, 2016USD ($)acquisition | |
| Business Acquisition [Line Items] | ||
| Number of reportable operating segments | Segment | 3 | |
| Number of acquisitions completed | 4 | 4 |
| Consideration transferred | $ 67.9 | |
| Amount of notes payable incurred as part of consideration transferred | 0.7 | |
| Consideration transferred, cash | $ 1.4 | |
| Consideration transferred, notes payable | 0.2 | |
| Assumption of long term care and closure reserve | 24 | $ 0 |
| BFI Waste Systems of North America, LLC | ||
| Business Acquisition [Line Items] | ||
| Assumption of long term care and closure reserve | $ 24 | |
Landfill Liabilities - Summary
| Landfill Liabilities - Summary of Liabilities for Final Closure and Post-Closure Costs (Details) - USD ($) $ in Millions | 3 Months Ended | 12 Months Ended | |
| Mar. 31, 2017 | Mar. 31, 2016 | Dec. 31, 2016 | |
| Asset Retirement Obligation, Roll Forward Analysis [Roll Forward] | |||
| Beginning balance | $ 191.1 | $ 193.7 | $ 193.7 |
| Increase in retirement obligation | 2.1 | 9.3 | |
| Accretion of closure and post-closure costs | 3.6 | $ 3.3 | 13 |
| Change in estimate | (7.4) | ||
| Costs incurred | (0.8) | (17.5) | |
| Assumption of long term care and closure reserves | 27.9 | ||
| Ending balance | 223.9 | $ 191.1 | |
| Less: Current portion | (30.2) | ||
| Noncurrent portion | $ 193.7 | ||
Loss Per Share (Details)
| Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Millions | 3 Months Ended | |
| Mar. 31, 2017 | Mar. 31, 2016 | |
| Numerator: | ||
| Net income (loss) | $ (7) | $ (14.3) |
| Denominator: | ||
| Average common shares outstanding (in shares) | 88,136,714 | 64,493,536 |
| Other potentially dilutive common shares (in shares) | 0 | 0 |
| Average common shares outstanding, assuming dilution (in shares) | 88,136,714 | 64,493,536 |
| Net loss per share, basic (in dollars per share) | $ (0.08) | $ (0.22) |
| Net loss per share, assuming dilution (in dollars per share) | $ (0.08) | $ (0.22) |
| Stock Option | ||
| Denominator: | ||
| Other potentially dilutive common shares (in shares) | 3,800,000 | 3,900,000 |
Debt - Summary of Major Compone
| Debt - Summary of Major Components of Debt - Principal (Details) - USD ($) $ in Millions | Mar. 31, 2017 | Dec. 31, 2016 |
| Debt Instrument [Line Items] | ||
| Capital lease obligations, maturing through 2024 | $ 45.6 | $ 42.5 |
| Other debt | 13.9 | 15.1 |
| Long-term debt, gross | 1,982.8 | 1,962.6 |
| Less: Original issue discount | (37.7) | (39.1) |
| Less: Current portion | (56.5) | (36.5) |
| Long-term debt, less original issue discount and current maturities | 1,888.6 | 1,887 |
| Revolver | ||
| Debt Instrument [Line Items] | ||
| Long-term debt | 22 | 0 |
| Term Loan B | ||
| Debt Instrument [Line Items] | ||
| Long-term debt | 1,476.3 | 1,480 |
| Senior Notes | ||
| Debt Instrument [Line Items] | ||
| Long-term debt | $ 425 | $ 425 |
Debt - Summary of Major Compo33
| Debt - Summary of Major Components of Debt - Interest Rates (Details) - USD ($) $ in Thousands | 3 Months Ended | 12 Months Ended |
| Mar. 31, 2017 | Dec. 31, 2016 | |
| Revolver | ||
| Debt Instrument [Line Items] | ||
| Line of credit interest rate | 3.88% | 4.49% |
| Term Loan B | ||
| Debt Instrument [Line Items] | ||
| Debt periodic principal payment | $ 3,750 | $ 3,750 |
| Term Loan B | LIBOR | ||
| Debt Instrument [Line Items] | ||
| Debt reference rate | 0.75% | 0.75% |
| Senior Notes | ||
| Debt Instrument [Line Items] | ||
| Debt interest rate | 5.625% | 5.625% |
Debt - Additional Information (
| Debt - Additional Information (Details) - USD ($) | Mar. 31, 2017 | Dec. 31, 2016 |
| Debt Instrument [Line Items] | ||
| Letters of credit outstanding | $ 42,100,000 | $ 42,100,000 |
| Revolver | ||
| Debt Instrument [Line Items] | ||
| Long-term debt | 22,000,000 | $ 0 |
| Revolving Credit Facility | ||
| Debt Instrument [Line Items] | ||
| Line of credit maximum borrowing capacity | 300,000,000 | |
| Letters of Credit | ||
| Debt Instrument [Line Items] | ||
| Line of credit maximum borrowing capacity | $ 100,000,000 |
Derivative Instruments and He35
| Derivative Instruments and Hedging Activities - Summary of Fair Values of Derivative Instruments Recorded in Condensed Consolidated Balance Sheets (Details) - USD ($) $ in Millions | Mar. 31, 2017 | Dec. 31, 2016 |
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||
| Total derivatives | $ 1.5 | $ 2.3 |
| Not Designated as Hedging Instrument | Interest rate caps | Other long term assets | ||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||
| 2016 Interest rate caps | $ 1.5 | $ 2.3 |
Derivative Instruments and He36
| Derivative Instruments and Hedging Activities - Additional Information (Details) $ in Millions | 3 Months Ended | |||
| Mar. 31, 2017USD ($) | Mar. 31, 2016USD ($) | May 31, 2016USD ($)Agreement | Dec. 31, 2012USD ($)Agreement | |
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
| Amortization of option interest rate cap premium | $ 0 | $ 0.2 | ||
| Derivatives Designated as Hedging Instruments | Interest rate caps | ||||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
| Number of interest rate cap agreements | Agreement | 4 | |||
| Amortization of option interest rate cap premium | 0.2 | |||
| Derivatives Designated as Hedging Instruments | Interest rate caps | Other assets | ||||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
| Premium included in other assets from condensed consolidated balance sheet | $ 5 | |||
| Not Designated as Hedging Instrument | Interest rate caps | ||||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
| Number of interest rate cap agreements | Agreement | 3 | |||
| Premium included in other assets from condensed consolidated balance sheet | $ 5.5 | |||
| Notional amounts of the contracts | 800 | |||
| Not Designated as Hedging Instrument | Interest rate caps | Other Income (Expense), Net | ||||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
| Changes in the fair value and settlements of fuel derivative instruments | 1.3 | |||
| Realized loss recognized due to fair value changes and settlement of fuel derivative instruments | $ 0.5 | |||
| Not Designated as Hedging Instrument | Fuel commodity derivatives | Other Income (Expense), Net | ||||
| Derivative Instruments and Hedging Activities Disclosures [Line Items] | ||||
| Changes in the fair value and settlements of fuel derivative instruments | $ 0.6 | |||
Income Taxes (Details)
| Income Taxes (Details) - USD ($) $ in Millions | 3 Months Ended | |
| Mar. 31, 2017 | Mar. 31, 2016 | |
| Income Tax Disclosure [Abstract] | ||
| Effective income tax rate continuing operations | 40.20% | 32.90% |
| Federal statutory tax rate | 35.00% | 35.00% |
| Unrecognized tax benefits and related interest | $ 10.2 | |
Commitments and Contingencies (
| Commitments and Contingencies (Details) $ in Millions | 3 Months Ended |
| Mar. 31, 2017USD ($) | |
| Commitments and Contingencies Disclosure [Abstract] | |
| Environmental remediation expense | $ 5.4 |
| Percentage of workforce covered under collective bargaining | 13.10% |
Segment and Related Informati39
| Segment and Related Information - Additional Information (Details) $ in Millions | 3 Months Ended | |
| Mar. 31, 2017USD ($)Segment | Mar. 31, 2016USD ($) | |
| Segment Reporting Information [Line Items] | ||
| Number of reportable segments | Segment | 3 | |
| Number of geographic operating segments | Segment | 3 | |
| Service revenues | $ 347.4 | $ 333.8 |
| Operating income | 11.3 | 13 |
| Depreciation and amortization | $ 61.4 | 60.8 |
| South | Scenario, Adjustment | ||
| Segment Reporting Information [Line Items] | ||
| Service revenues | 5.4 | |
| Operating income | 0.8 | |
| Depreciation and amortization | 0.5 | |
| East | Scenario, Adjustment | ||
| Segment Reporting Information [Line Items] | ||
| Service revenues | (5.4) | |
| Operating income | (0.8) | |
| Depreciation and amortization | $ (0.5) | |
Segment and Related Informati40
| Segment and Related Information - Summary of Financial Information Concerning Reportable Segments (Details) - USD ($) $ in Millions | 3 Months Ended | |
| Mar. 31, 2017 | Mar. 31, 2016 | |
| Segment Reporting Information [Line Items] | ||
| Service Revenue | $ 347.4 | $ 333.8 |
| Operating income | 11.3 | 13 |
| Depreciation and Amortization | 61.4 | 60.8 |
| Operating Segments | South | ||
| Segment Reporting Information [Line Items] | ||
| Service Revenue | 135.5 | 128.6 |
| Operating income | 22.2 | 20.7 |
| Depreciation and Amortization | 19.1 | 19.1 |
| Operating Segments | East | ||
| Segment Reporting Information [Line Items] | ||
| Service Revenue | 86.1 | 82.9 |
| Operating income | (2.6) | 2.8 |
| Depreciation and Amortization | 17.5 | 16.9 |
| Operating Segments | Midwest | ||
| Segment Reporting Information [Line Items] | ||
| Service Revenue | 125.8 | 122.3 |
| Operating income | 11.3 | 11.4 |
| Depreciation and Amortization | 22.6 | 22.9 |
| Corporate | ||
| Segment Reporting Information [Line Items] | ||
| Service Revenue | 0 | 0 |
| Operating income | (19.6) | (21.9) |
| Depreciation and Amortization | $ 2.2 | $ 1.9 |
Fair Value Measurements - Asset
| Fair Value Measurements - Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Recurring - USD ($) $ in Millions | Mar. 31, 2017 | Dec. 31, 2016 |
| Total Fair Value | ||
| Recurring fair value measurements | ||
| Cash and cash equivalents | $ 1.7 | $ 1.2 |
| Derivative instruments - Asset position | 1.5 | 2.3 |
| Total recurring fair value measurements | 3.2 | 3.5 |
| Total Fair Value | Level 1 | ||
| Recurring fair value measurements | ||
| Cash and cash equivalents | 1.7 | 1.2 |
| Derivative instruments - Asset position | 0 | 0 |
| Total recurring fair value measurements | 1.7 | 1.2 |
| Total Fair Value | Level 2 | ||
| Recurring fair value measurements | ||
| Cash and cash equivalents | 0 | 0 |
| Derivative instruments - Asset position | 1.5 | 2.3 |
| Total recurring fair value measurements | 1.5 | 2.3 |
| Total Fair Value | Level 3 | ||
| Recurring fair value measurements | ||
| Cash and cash equivalents | 0 | 0 |
| Derivative instruments - Asset position | 0 | 0 |
| Total recurring fair value measurements | 0 | 0 |
| Total Gains (Losses) | ||
| Recurring fair value measurements | ||
| Cash and cash equivalents | 0 | 0 |
| Derivative instruments - Asset position | 0 | 0 |
| Total recurring fair value measurements | 0 | 0 |
| Carrying Value | ||
| Recurring fair value measurements | ||
| Cash and cash equivalents | 1.7 | 1.2 |
| Derivative instruments - Asset position | 1.5 | 2.3 |
| Total recurring fair value measurements | $ 3.2 | $ 3.5 |
Fair Value Measurements - Estim
| Fair Value Measurements - Estimated Fair Value of Company's Debt (Details) - USD ($) $ in Millions | Mar. 31, 2017 | Dec. 31, 2016 |
| Debt Instrument [Line Items] | ||
| Debt instruments carrying value | $ 1,923.3 | $ 1,905 |
| Level 2 | ||
| Debt Instrument [Line Items] | ||
| Estimated fair value debt | 1,941.1 | 1,921.2 |
| Level 2 | Revolver | ||
| Debt Instrument [Line Items] | ||
| Estimated fair value debt | 22 | 0 |
| Level 2 | Senior Notes | ||
| Debt Instrument [Line Items] | ||
| Estimated fair value debt | 430.8 | 425.5 |
| Level 2 | Term Loan B | ||
| Debt Instrument [Line Items] | ||
| Estimated fair value debt | $ 1,488.3 | $ 1,495.7 |
Stock-based Compensation (Detai
| Stock-based Compensation (Details) | 3 Months Ended |
| Mar. 31, 2017$ / sharesshares | |
| Performance Option | CEO | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Options grant date fair value (in dollars per share) | $ 5.86 |
| Expiration period of awards | 10 years |
| Number of full potential grants available (in shares) | shares | 118,217 |
| Weighted average exercise price (in dollars per share) | $ 23.30 |
| 2016 Plan | NEO Restricted Stock | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Number of awards granted in period (in shares) | shares | 50,464 |
| Fair value of awards granted in period (in dollars per share) | $ 22 |
| Vesting period (in years) | 3 years |
| 2016 Plan | NEO PUSs | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Number of awards granted in period (in shares) | shares | 100,930 |
| Fair value of awards granted in period (in dollars per share) | $ 22 |
| Vesting period (in years) | 3 years |
| Measurement percentage based on Parent's budget, EBITDA | 50.00% |
| Measurement percentage based on Parent's budget, Free Cash Flow | 30.00% |
| Measurement percentage based on Parent's budget, Revenue | 20.00% |
| Budget attainment beginning percentage | 90.00% |
| Budget attainment beginning earning percentage | 25.00% |
| Budget attainment ending percentage | 110.00% |
| Budget attaintment ending earning percentage | 175.00% |
| 2016 Plan | NEO Option | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting period (in years) | 3 years |
| Number of options granted in period (in shares) | shares | 213,507 |
| Options grant date fair value (in dollars per share) | $ 5.20 |
| Expiration period of awards | 10 years |
| Weighted average exercise price (in dollars per share) | $ 22 |
| 2016 Plan | NEO Option | First Anniversary of Grant Date | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting percentage of awards | 33.33% |
| 2016 Plan | NEO Option | Second Anniversary of Grant Date | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting percentage of awards | 33.33% |
| 2016 Plan | NEO Option | Third Anniversary of Grant Date | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting percentage of awards | 33.33% |
| 2016 Plan | Restricted Stock Units (RSUs) | Non-Employee Director | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Number of awards granted in period (in shares) | shares | 4,545 |
| Fair value per share of (in dollars per share) | $ 22 |
| 2016 Plan | Annual Grants | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Number of options granted in period (in shares) | shares | 788,500 |
| Options grant date fair value (in dollars per share) | $ 5.32 |
| Expiration period of awards | 10 years |
| Weighted average exercise price (in dollars per share) | $ 22 |
| Vesting percentage of awards | 20.00% |
| 2016 Plan | Annual Grants | First Anniversary of Grant Date | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting percentage of awards | 20.00% |
| 2016 Plan | Annual Grants | Second Anniversary of Grant Date | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting percentage of awards | 20.00% |
| 2016 Plan | Annual Grants | Third Anniversary of Grant Date | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting percentage of awards | 20.00% |
| 2016 Plan | Annual Grants | Fourth Anniversary of Grant Date | |
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |
| Vesting percentage of awards | 20.00% |
Acquisitions - Additional Infor
| Acquisitions - Additional Information (Details) $ in Millions | 3 Months Ended | ||
| Mar. 31, 2017USD ($)company | Mar. 31, 2016acquisition | Dec. 31, 2016USD ($) | |
| Business Acquisition [Line Items] | |||
| Number of companies acquired | 4 | 4 | |
| Consideration transferred | $ 67.9 | ||
| Amount of notes payable incurred as part of consideration transferred | 0.7 | ||
| Goodwill | 1,200.7 | $ 1,173.9 | |
| Goodwill, acquisition deductible for tax purposes | 0.2 | ||
| South | |||
| Business Acquisition [Line Items] | |||
| Goodwill, acquisition | 0 | ||
| East | |||
| Business Acquisition [Line Items] | |||
| Goodwill, acquisition | 26.6 | ||
| Midwest | |||
| Business Acquisition [Line Items] | |||
| Goodwill, acquisition | 0.2 | ||
| Business Acquisition | |||
| Business Acquisition [Line Items] | |||
| Goodwill | $ 26.8 | ||
Acquisitions - Summary of Estim
| Acquisitions - Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions | Mar. 31, 2017 | Dec. 31, 2016 |
| Business Acquisition [Line Items] | ||
| Goodwill | $ 1,200.7 | $ 1,173.9 |
| Business Acquisition | ||
| Business Acquisition [Line Items] | ||
| Current assets | 3.3 | |
| Property and equipment | 58.8 | |
| Goodwill | 26.8 | |
| Other intangible assets | 4.1 | |
| Total assets acquired | 93 | |
| Current liabilities | 3.8 | |
| Accrued landfill retirement obligations | 3.9 | |
| Deferred tax liability | 17.4 | |
| Total liabilities assumed | 25.1 | |
| Net assets acquired | $ 67.9 |
Acquisitions - Purchase Price A
| Acquisitions - Purchase Price Allocation to Other Intangible Assets (Details) - Business Acquisition $ in Millions | Mar. 31, 2017USD ($) |
| Business Acquisition [Line Items] | |
| Other intangible assets | $ 4.1 |
| Customer lists and contracts | |
| Business Acquisition [Line Items] | |
| Other intangible assets | 3.8 |
| Noncompete | |
| Business Acquisition [Line Items] | |
| Other intangible assets | 0.1 |
| Other | |
| Business Acquisition [Line Items] | |
| Other intangible assets | $ 0.2 |
Acquisitions - Weighted Average
| Acquisitions - Weighted Average Remaining Life of Other Intangible Assets (Details) - Business Acquisition | 3 Months Ended |
| Mar. 31, 2017 | |
| Customer lists and contracts | |
| Acquired Finite-Lived Intangible Assets [Line Items] | |
| Weighted average remaining life of other intangible assets | 16 years |
| Noncompete | |
| Acquired Finite-Lived Intangible Assets [Line Items] | |
| Weighted average remaining life of other intangible assets | 5 years |
Subsequent Events (Details)
| Subsequent Events (Details) $ in Millions | May 01, 2017ft²extension_period | Jun. 30, 2017USD ($) | Mar. 31, 2017USD ($) | Dec. 31, 2016USD ($) |
| Subsequent Event [Line Items] | ||||
| Capital lease obligations, net of current maturities | $ 45.6 | $ 42.5 | ||
| Scenario, Forecast | South Carolina | Customer lists and contracts | ||||
| Subsequent Event [Line Items] | ||||
| Impairment of intangible assets | $ 13.1 | |||
| Scenario, Forecast | Property and Equipment | ||||
| Subsequent Event [Line Items] | ||||
| Capital leased assets | 7.2 | |||
| Capital lease obligations, net of current maturities | $ 7.2 | |||
| Subsequent Event | Building and Building Improvements | Orlando, FL | ||||
| Subsequent Event [Line Items] | ||||
| Area of leased property | ft² | 22,500 | |||
| Capital lease, term of contract | 10 years | |||
| Capital lease, number of period extension options | extension_period | 5 | |||
| Capital lease, term of contract, additional extension period | 5 years |