The Manitowoc Company, Inc. (MTW) 10-Q 8 Nov 19 2019 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information	9 Months Ended
	Sep. 30, 2019shares
Cover [Abstract]
Entity Registrant Name	MANITOWOC CO INC
Entity Central Index Key	0000061986
Trading Symbol	MTW
Document Type	10-Q
Document Period End Date	Sep. 30, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Shares Outstanding	35,349,046
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Entity File Number	1-11978
Entity Tax Identification Number	39-0448110
Entity Address, Address Line One	11270 West Park Place
Entity Address, Address Line Two	Suite 1000
Entity Address, City or Town	Milwaukee
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53224
City Area Code	414
Local Phone Number	760-4600
Entity Incorporation, State or Country Code	WI
Title of 12(b) Security	Common Stock, $.01 Par Value
Security Exchange Name	NYSE
Entity Interactive Data Current	Yes
Document Quarterly Report	true
Document Transition Report	false

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
Net sales	$ 448	$ 450.1	$ 1,370.7	$ 1,331.5
Cost of sales	359.6	370.1	1,106.9	1,092.6
Gross profit	88.4	80	263.8	238.9
Operating costs and expenses:
Engineering, selling and administrative expenses	54.8	62.1	164.7	184.6
Asset impairment expense				0.4
Amortization of intangible assets	0	0	0.2	0.2
Restructuring expense	1.1	1	8.3	11
Total operating costs and expenses	55.9	63.1	173.2	196.2
Operating income	32.5	16.9	90.6	42.7
Other income (expense):
Interest expense	(7.2)	(9.9)	(25.6)	(29.3)
Amortization of deferred financing fees	(0.4)	(0.5)	(1.2)	(1.4)
Loss on debt extinguishment			(25)
Other income (expense) - net	(3.7)	(5.7)	8.8	(8.6)
Total other expense	(11.3)	(16.1)	(43)	(39.3)
Income from continuing operations before income taxes	21.2	0.8	47.6	3.4
Provision (benefit) for income taxes	3.1	(10.7)	10.3	(8)
Income from continuing operations	18.1	11.5	37.3	11.4
Discontinued operations:
Loss from discontinued operations, net of income taxes of $0.0, $0.0, $0.0 and $0.0, respectively				(0.2)
Net income	$ 18.1	$ 11.5	$ 37.3	$ 11.2
Basic income (loss) per common share:
Income from continuing operations	$ 0.51	$ 0.32	$ 1.05	$ 0.33
Loss from discontinued operations, net of income taxes				(0.01)
Basic income per common share	0.51	0.32	1.05	0.32
Diluted income (loss) per common share:
Income from continuing operations	0.51	0.32	1.05	0.32
Loss from discontinued operations, net of income taxes				(0.01)
Diluted income per common share	$ 0.51	$ 0.32	$ 1.05	$ 0.31
Weighted average shares outstanding - basic	35,348,597	35,564,946	35,527,971	35,488,271
Weighted average shares outstanding - diluted	35,458,956	35,928,327	35,686,831	35,935,093

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Operations (Parenthetical) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Income Statement [Abstract]
Loss from discontinued operations, income taxes	$ 0	$ 0	$ 0	$ 0

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 18.1	$ 11.5	$ 37.3	$ 11.2
Other comprehensive income (loss), net of income tax
Unrealized income (expense) on derivatives, net of income tax provision of $0.0, $0.0, $0.0 and $0.0, respectively	(1.3)	1.3	(0.6)	(2)
Employee pension and postretirement benefits, net of income tax benefit of $0.0, $0.8, $0.0 and $0.8, respectively	0.4	4.2	1.4	5.6
Foreign currency translation adjustments	(13.9)	(7.1)	(15.2)	(22.5)
Total other comprehensive loss, net of income tax	(14.8)	(1.6)	(14.4)	(18.9)
Comprehensive income (loss)	$ 3.3	$ 9.9	$ 22.9	$ (7.7)

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Statement Of Income And Comprehensive Income [Abstract]
Unrealized income (expense) on derivatives, net of income tax benefit	$ 0	$ 0	$ 0	$ 0
Employee pension and post retirement benefits, net of income tax benefit	$ 0	$ 0.8	$ 0	$ 0.8

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Current Assets:
Cash and cash equivalents	$ 67.5	$ 140.3
Accounts receivable, less allowances of $9.8 and $10.3, respectively	225.3	171.8
Inventories — net	521.9	453.1
Notes receivable — net	16.6	19.4
Other current assets	32.7	58.3
Total current assets	864	842.9
Property, plant and equipment — net	278.9	288.9
Operating lease right-of-use assets	42.5
Goodwill	231.5	232.8
Other intangible assets — net	114.6	118.1
Other long-term assets	59.2	59.2
Total assets	1,590.7	1,541.9
Current Liabilities:
Accounts payable and accrued expenses	372.5	425.2
Short-term borrowings and current portion of long-term debt	4.3	6.4
Product warranties	41.4	39.1
Customer advances	9.7	9.6
Other liabilities	24.1	16.3
Total current liabilities	452	496.6
Non-Current Liabilities:
Long-term debt	309.1	266.7
Operating lease liabilities	32.5
Deferred income taxes	2	5.7
Pension obligations	80.3	85.7
Postretirement health and other benefit obligations	17.8	18.3
Long-term deferred revenue	29.9	25.2
Other non-current liabilities	42	42.4
Total non-current liabilities	513.6	444
Commitments and contingencies (Note 16)
Stockholders' Equity:
Preferred stock (authorized 3,500,000 shares of $.01 par value; none outstanding)
Common stock (75,000,000 shares authorized, 40,793,983 shares issued, 35,349,046 and 35,588,833 shares outstanding, respectively)	0.4	0.4
Additional paid-in capital	591	584.8
Accumulated other comprehensive loss	(131)	(116.6)
Retained earnings	226.9	189.6
Treasury stock, at cost (5,444,937 and 5,205,150 shares, respectively)	(62.2)	(56.9)
Total stockholders' equity	625.1	601.3
Total liabilities and stockholders' equity	$ 1,590.7	$ 1,541.9

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Accounts Receivable, allowances (in dollars)	$ 9.8	$ 10.3
Preferred stock authorized (in shares)	3,500,000	3,500,000
Par value of preferred stock per share (in dollars per share)	$ 0.01	$ 0.01
Preferred stock outstanding (in shares)	0	0
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Common stock, shares issued (in shares)	40,793,983	40,793,983
Common stock, shares outstanding (in shares)	35,349,046	35,588,833
Treasury stock (in shares)	5,444,937	5,205,150

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash Flows from Operating Activities:
Net income	$ 37.3	$ 11.2
Adjustments to reconcile net income to cash used for operating activities:
Asset impairment expense		0.4
Depreciation	26.3	27.2
Amortization of intangible assets	0.2	0.2
Amortization of deferred financing fees	1.2	1.4
Loss on debt extinguishment	25
Gain on sale of property, plant and equipment	(3.5)	(1.7)
Other	8.7	7.6
Changes in operating assets and liabilities:
Accounts receivable	(184.2)	(386.3)
Inventories	(87.4)	(106.3)
Notes receivable	(0.5)	18
Other assets	14.8	6.1
Accounts payable	(37.4)	44.8
Accrued expenses and other liabilities	1.6	(43.1)
Net cash used for operating activities	(197.9)	(420.5)
Cash Flows from Investing Activities:
Capital expenditures	(22.4)	(21.4)
Proceeds from sale of fixed assets	17.2	12.2
Cash receipts on sold accounts receivable	126.3	401.3
Net cash provided by investing activities	121.1	392.1
Cash Flows from Financing Activities:
Proceeds from revolving credit facility	131.4
Payments on revolving credit facility	(131.4)
Payments on long-term debt	(276.6)	(4.6)
Proceeds from long-term debt	300
Other debt - net	(2.8)
Debt issuance costs	(8.3)
Exercises of stock options	0.2	2.5
Common stock repurchases	(7.4)
Net cash provided by (used for) financing activities	5.1	(2.1)
Effect of exchange rate changes on cash and cash equivalents	(1.1)	(1.9)
Net decrease in cash and cash equivalents	(72.8)	(32.4)
Cash and cash equivalents at beginning of period	140.3	123
Cash and cash equivalents at end of period	$ 67.5	$ 90.6

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Loss	Retained Earnings	Treasury Stock	Performance SharesCommon Stock
Balance at beginning of period at Dec. 31, 2017		$ 0.4	$ 577.6	$ (97.4)	$ 256.7	$ (59.8)
Balance (in shares) at Dec. 31, 2017		35,273,864
Increase (Decrease) in Stockholders' Equity
Stock options exercised and issuance of other stock awards			(1)			2.9
Stock options exercised (in shares)		95,019
Restricted stock, net (in shares)		165,404
Performance shares issued (in shares)							54,546
Stock-based compensation			8.2
Other comprehensive loss				(19.2)
Net income (loss)					(67.1)
Balance (in shares) at Dec. 31, 2018		35,588,833
Balance at end of period at Dec. 31, 2018	$ 601.3	$ 0.4	584.8	(116.6)	189.6	(56.9)
Increase (Decrease) in Stockholders' Equity
Stock options exercised and issuance of other stock awards			(2.1)			2.1
Stock options exercised (in shares)		36,479
Restricted stock, net (in shares)		141,916
Performance shares issued (in shares)							54,860
Common stock repurchases (in shares)		(473,042)
Common stock repurchases		$ 7.4				(7.4)
Stock-based compensation			8.3
Other comprehensive loss				(14.4)
Net income (loss)	37.3				37.3
Balance (in shares) at Sep. 30, 2019		35,349,046
Balance at end of period at Sep. 30, 2019	$ 625.1	$ 0.4	$ 591	$ (131)	$ 226.9	$ (62.2)

Accounting Policies and Basis o

Accounting Policies and Basis of Presentation	9 Months Ended
	Sep. 30, 2019
Accounting Policies [Abstract]
Accounting Policies and Basis of Presentation	1. Accounting Policies and Basis of Presentation The Manitowoc Company, Inc. (“Manitowoc,” “MTW” or the “Company”) was founded in 1902 and has over a 116-year tradition of providing high-quality, customer-focused products and support services to its markets. Manitowoc is one of the world's leading providers of engineered lifting solutions. Manitowoc, through its wholly-owned subsidiaries, designs, manufactures, markets, and supports comprehensive product lines of mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks under the Grove, Manitowoc, National Crane, Potain, Shuttlelift and Manitowoc Crane Care brand names. The Company has three reportable segments, the Americas segment, Europe and Africa (“EURAF”) segment and Middle East and Asia Pacific (“MEAP”) segment. The segments were identified using the “management approach,” which designates the internal organization that is used by management for making operating decisions and assessing performance. Refer to Note 14, “Segments” for additional information. In the opinion of management, the accompanying unaudited Condensed Consolidated Financial Statements contain all adjustments necessary for a fair statement of the results of operations and comprehensive income for the three and nine months ended September 30, 2019 and 2018, the cash flows for the same nine-month periods and the financial position and equity at September 30, 2019 and December 31, 2018, and except as otherwise discussed, such adjustments consist of only those of a normal recurring nature. The interim results are not necessarily indicative of results for a full year and do not contain information included in the Company’s annual consolidated financial statements and notes for the year ended December 31, 2018. Certain information and footnote disclosures, normally included in financial statements prepared in accordance with generally accepted accounting principles, have been condensed or omitted pursuant to Securities and Exchange Commission rules and regulations dealing with interim financial statements. However, the Company believes that the disclosures made in the Condensed Consolidated Financial Statements included herein are adequate to make the information presented not misleading. It is suggested that these financial statements be read in conjunction with the financial statements and the notes thereto included in the Company’s latest annual report on Form 10-K. During the fourth quarter of 2018, the Company identified an adjustment to the Condensed Consolidated Statement of Cash Flows for the nine months ended September 30, 2018. The adjustment related to the treatment of cash receipts on sold accounts receivable, whereby the Company had overstated cash flows provided by investing activities and overstated cash flows used for operating activities by approximately $20.6 million. This adjustment has been reflected in the prior period Condensed Consolidated Statement of Cash Flows in this filing. For the three and nine months ended September 30, 2019, the Company recorded a favorable pre-tax adjustment due to an over-accrual related to prior years of $2.0 million, $1.3 million after income tax, primarily impacting cost of sales in the Condensed Consolidated Statement of Operations. In evaluating whether the Company’s previously issued consolidated financial statements were materially misstated, the Company considered the guidance in Accounting Standards Codification (“ASC”) Topic 250, “Accounting Changes and Error Corrections” and ASC Topic 250-10-S99-1, “Assessing Materiality.” The Company determined that these adjustments were not material to the Company’s prior period consolidated financial statements and therefore, amending the previously filed report was not required. Certain prior period amounts have been reclassified to conform to the current period presentation. All amounts, except per share and share amounts, are in millions of dollars throughout the tables in these notes unless otherwise indicated.

Revenues

Revenues	9 Months Ended
	Sep. 30, 2019
Revenue From Contract With Customer [Abstract]
Revenues	2. Revenues The Company records deferred revenues when cash payments are received or due in advance of performance, including amounts which are refundable. The table below shows the change in the customer advances balance for the three and nine months ended September 30, 2019 and 2018. Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Balance at beginning of period $ 10.6 $ 15.3 $ 9.6 $ 12.7 Cash received or due in advance of satisfying performance obligation 25.4 14.9 75.6 71.7 Revenue recognized (26.1 ) (18.1 ) (75.5 ) (71.7 ) Currency translation (0.2 ) (0.3 ) — (0.9 ) Balance at end of period $ 9.7 $ 11.8 $ 9.7 $ 11.8 Disaggregation of the Company’s revenue sources are disclosed in Note 14, “Segments.”

Inventories

Inventories	9 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
Inventories	3. Inventories The components of inventories as of September 30, 2019 and December 31, 2018 are summarized as follows: September 30, 2019 December 31, 2018 Raw materials $ 176.2 $ 159.2 Work-in-process 141.2 112.0 Finished goods 262.1 238.0 Total inventories 579.5 509.2 Excess and obsolete inventory reserve (57.6 ) (56.1 ) Inventories — net $ 521.9 $ 453.1

Notes Receivable

Notes Receivable	9 Months Ended
	Sep. 30, 2019
Receivables [Abstract]
Notes Receivable	4. Notes Receivable The Company has notes receivable balances that are classified as current or long-term based on the timing of amounts due. Long-term notes receivable are included within other long-term assets on the Condensed Consolidated Balance Sheets. Current and long-term notes receivable balances primarily relate to the Company’s captive finance entity in China. The Company also has a long-term note receivable balance related to the 2014 sale of Manitowoc Dong Yue. During the third quarter of 2018, the Company wrote down the note with Manitowoc Dong Yue to the anticipated collection amount based on current expectations. The entire balance of the Manitowoc Dong Yue note is included in long-term notes receivable in the Condensed Consolidated Balance Sheets as of September 30, 2019 and December 31, 2018.

Property, Plant and Equipment

Property, Plant and Equipment	9 Months Ended
	Sep. 30, 2019
Property Plant And Equipment [Abstract]
Property, Plant and Equipment	5. Property, Plant and Equipment The components of property, plant and equipment at September 30, 2019 and December 31, 2018 are summarized as follows: September 30, 2019 December 31, 2018 Land $ 23.5 $ 24.1 Building and improvements 192.9 195.3 Machinery, equipment and tooling 267.0 269.4 Furniture and fixtures 16.5 16.4 Computer hardware and software 119.0 117.1 Rental cranes 77.4 84.0 Construction in progress 7.0 9.6 Total cost 703.3 715.9 Less accumulated depreciation (424.4 ) (427.0 ) Property, plant and equipment — net $ 278.9 $ 288.9 Property, plant and equipment are depreciated over the asset’s estimated useful lives using the straight-line depreciation method for financial reporting and accelerated methods for income tax purposes. Assets Held for Sale The Company had classified $12.9 million as assets held for sale within other current assets on the Condensed Consolidated Balance Sheets as of December 31, 2018 related to the Manitowoc, Wisconsin manufacturing buildings and land. In 2019, the Company sold the manufacturing buildings and land previously classified as assets held for sale, which resulted in a $3.5 million gain recorded within other income (expense) – net on the Condensed Consolidated Statements of Operations in the three and nine months ended September 30, 2019.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	6. Goodwill and Other Intangible Assets The Company performs an annual impairment review of goodwill and indefinitely lived intangibles during the fourth quarter, or more frequently if events or changes in circumstances indicate that the asset might be impaired. There have been no impairment indicators since the fourth quarter of 2018; therefore, no impairment review has occurred during the nine months ended September 30, 2019. The changes in the carrying amount of goodwill for the year ended December 31, 2018 and the nine months ended September 30, 2019 are summarized as follows: Americas EURAF MEAP Consolidated Balance as of January 1, 2018 $ 166.5 $ 85.9 $ 68.9 $ 321.3 Foreign currency impact — (3.7 ) (2.6 ) (6.3 ) Goodwill impairment - October 31, 2018 — (82.2 ) — (82.2 ) Balance as of December 31, 2018 166.5 — 66.3 232.8 Foreign currency impact — — (1.3 ) (1.3 ) Balance as of September 30, 2019 $ 166.5 $ — $ 65.0 $ 231.5 Other intangible assets with definite lives are amortized over their estimated useful lives. The gross carrying amount, accumulated amortization and net book value of the Company’s intangible assets other than goodwill at September 30, 2019 and December 31, 2018 are summarized as follows: September 30, 2019 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Gross Carrying Amount Accumulated Amortization Net Book Value Trademarks and tradenames $ 93.9 $ — $ 93.9 $ 96.7 $ — $ 96.7 Customer relationships 10.1 (8.4 ) 1.7 10.1 (8.4 ) 1.7 Patents 29.0 (28.2 ) 0.8 29.8 (29.0 ) 0.8 Distribution network 18.3 — 18.3 18.9 — 18.9 Total $ 161.5 $ (46.9 ) $ 114.6 $ 166.0 $ (47.9 ) $ 118.1 Amortization expense for the three months ended September 30, 2019 and 2018 was zero. Amortization expense for the nine months ended September 30, 2019 and 2018 was $0.2 million. Definite lived intangible assets and long-lived assets are subject to impairment testing whenever events or circumstances indicate that the carrying value of the assets may not be recoverable.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	9 Months Ended
	Sep. 30, 2019
Payables And Accruals [Abstract]
Accounts Payable and Accrued Expenses	7. Accounts Payable and Accrued Expenses Accounts payable and accrued expenses at September 30, 2019 and December 31, 2018 are summarized as follows: September 30, 2019 December 31, 2018 Trade accounts payable $ 202.4 $ 249.2 Employee-related expenses 53.9 59.5 Accrued vacation 20.9 24.3 Miscellaneous accrued expenses 95.3 92.2 Total $ 372.5 $ 425.2

Debt

Debt	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Debt	8. Debt Outstanding debt at September 30, 2019 and December 31, 2018 is summarized as follows: September 30, 2019 December 31, 2018 Senior secured asset based revolving credit facility $ — $ — Senior secured second lien notes due 2021 — 254.2 Senior secured second lien notes due 2026 300.0 — Other 18.1 21.2 Deferred financing costs (4.7 ) (2.3 ) Total debt 313.4 273.1 Short-term borrowings and current portion of long-term debt (4.3 ) (6.4 ) Long-term debt $ 309.1 $ 266.7 On March 25, 2019, the Company and certain of its subsidiaries entered into an indenture with U.S. Bank National Association as trustee and notes collateral agent, pursuant to which the Company issued $300.0 million aggregate principal amount senior secured second lien notes due on April 1, 2026 with an annual coupon rate of 9.000% (the “2026 Notes”). Interest on the 2026 Notes is payable in cash semi-annually in arrears on April 1 and October 1 of each year. The 2026 Notes are fully and unconditionally guaranteed on a senior secured second lien basis, jointly and severally, by each of the Company’s existing and future domestic subsidiaries that is either a guarantor or a borrower under the ABL Revolving Credit Facility (as defined below) or that guarantees certain other debt of the Company or a guarantor. The 2026 Notes and the related guarantees are secured on a second-priority basis, subject to certain exceptions and permitted liens, by pledges of capital stock and other equity interests and other security interests in substantially all of the personal property and fee-owned real property of the Company and of the guarantors that secure obligations under the ABL Revolving Credit Facility. The 2026 Notes were sold pursuant to exemptions from registration under the Securities Act of 1933. Additionally, on March 25, 2019, the Company and certain subsidiaries of the Company (the “Loan Parties”) entered into a credit agreement (the “ABL Credit Agreement”) with JP Morgan Chase Bank, N.A as administrative and collateral agent, and certain financial institutions party thereto as lenders, providing for a senior secured asset-based revolving credit facility (the “ABL Revolving Credit Facility”) of up to $275.0 million. The borrowing capacity under the ABL Revolving Credit Facility is based on the value of inventory, accounts receivable and fixed assets of the Loan Parties. The Loan Parties’ obligations under the ABL Revolving Credit Facility are secured on a first-priority bases, subject to certain exceptions and permitted liens, by substantially all of the personal property and fee-owned real property of the Loan Parties. The liens securing the ABL Revolving Credit Facility are senior in priority to the second-priority liens securing the obligations under the 2026 Notes and the related guarantees. The ABL Revolving Credit Facility has a term of 5 years and includes a $75.0 million letter of credit sub-facility, $10.0 million of which is available to the Company’s German subsidiary that is a borrower under the ABL Revolving Credit Facility The Company used the initial extension of credit under the ABL Revolving Credit Facility, together with the net proceeds from the offering of the 2026 Notes, to (i) redeem all of the Company’s $260.0 million in outstanding 12.750% Senior Secured Second Lien Notes due 2021 (the “Prior 2021 Notes”); (ii) repay all obligations outstanding, and terminate all commitments, under (x) the Company’s previous $225.0 million ABL Revolving Credit Facility (“Prior ABL Facility”) and (y) $75.0 million AR Securitization Facility; and (iii) pay related fees and expenses, including $16.6 million of call premium on the Prior 2021 Notes, $5.0 million of closing costs and $4.6 million of accrued interest. During the nine months ended September 30, 2019, the Company recorded a $25.0 million charge in the Condensed Consolidated Statement of Operations associated with the Company’s refinancing of the ABL Revolving Credit Facility and 2026 Notes. The charge is composed of $16.6 million of call premium on the Prior 2021 Notes, $5.3 million of unamortized discount on the Prior 2021 Notes and $3.1 million of unamortized debt issuance costs. As of September 30, 2019, the Company had other indebtedness outstanding of $18.1 million that had a weighted-average interest rate of approximately 5.17%. This debt includes balances on local credit lines and other financing arrangements. The Company had no borrowings on the ABL Revolving Credit Facility as of September 30, 2019 and no borrowings on the Prior ABL Facility as of December 31, 2018. During the quarter ended September 30, 2019, the highest daily borrowing under the ABL Revolving Credit Facility was $27.5 million and the average amount borrowed was $9.5 million, while the average annual interest rate was 4.52%. The interest rate spread of the ABL Revolving Credit Facility fluctuates based on excess availability. As of September 30, 2019 , the spreads for London Interbank Offered Rate and prime rate borrowings were % and %, respectively, with excess availability of approximately $ million, which represents revolver borrowing capacity of $ million less U.S. letters of credit outstanding of $ million. Both the ABL Revolving Credit Facility and the 2026 Notes include customary covenants which include, without limitation, restrictions on the Company’s ability and the ability of the Company’s restricted subsidiaries to incur, assume or guarantee additional debt or issue certain preferred shares, pay dividends on or make other distributions in respect of the Company’s capital stock or make other restricted payments, make certain investments, sell or transfer certain assets, create liens on certain assets to secure debt, consolidate, merge, sell, or otherwise dispose of all or substantially all of the Company’s assets, enter into certain transactions with affiliates and designate the Company’s subsidiaries as unrestricted. Both the ABL Revolving Credit Facility and the 2026 Notes also include customary events of default. Additionally, the ABL Revolving Credit Facility contains a covenant requiring the Company to maintain a minimum fixed charge coverage ratio under certain circumstances set forth in the ABL Credit Agreement. As of September 30, 2019, the Company was in compliance with all affirmative and negative covenants in its debt instruments, inclusive of the financial covenants pertaining to the ABL Revolving Credit Facility and 2026 Notes.

Accounts Receivable Securitizat

Accounts Receivable Securitization and Other Factoring Arrangements	9 Months Ended
	Sep. 30, 2019
Transfers And Servicing [Abstract]
Accounts Receivable Securitization and Other Factoring Arrangements	9. Accounts Receivable Securitization and Other Factoring Arrangements The Company had maintained a Receivables Purchase Agreement (“RPA”) among Manitowoc Funding, LLC (“MTW Funding”), as Seller, The Manitowoc Company, Inc., as Servicer, and Wells Fargo Bank, N.A., as Purchaser and as Agent, with a commitment size of $75.0 million. Under the RPA (and the related Purchase and Sale Agreements referenced in the RPA), the Company’s domestic trade accounts receivable were sold to MTW Funding which, in turn, sold, conveyed, transferred and assigned to a third-party financial institution (“Purchaser”), all of MTW Funding’s rights, title and interest in a pool of receivables to the Purchaser. Transactions under the program are accounted for as sales in accordance with ASC Topic 860, “Transfers and Servicing.” This program was terminated on March 25, 2019. Trade accounts receivable sold to the Purchaser and being serviced by the Company totaled zero and $149.0 million for the three and nine months ended September 30, 2019, respectively. Trade receivables sold to the Purchaser and being serviced by the Company totaled $219.2 million and $603.5 million for the three and nine months ended September 30, 2018, respectively. Cash proceeds received from customers related to the receivables previously sold for the three and nine months ended September 30, 2019 were zero and $182.8 million, respectively. Cash proceeds received from customers related to the receivables previously sold for the three and nine months ended September 30, 2018 were $ 231.0 Sales of trade receivables under the program reflected as a reduction of accounts receivable in the accompanying Condensed Consolidated Balance Sheets were zero and $75.0 million as of September 30, 2019 and December 31, 2018, respectively. The proceeds received from the sale of trade receivables under the program were included in cash flows from operating activities; whereas cash collections related to the deferred purchase price were classified as cash flows from investing activities in the accompanying Condensed Consolidated Statements of Cash Flows. The Company deemed the interest rate risk related to the deferred purchase price notes to be de minimis, primarily because the average collection cycle of the related receivables is less than 60 days; and as such, the fair value of the Company’s deferred purchase price notes approximates book value. The fair value of the deferred purchase price notes recorded as of September 30, 2019 and December 31, 2018 was zero and $71.5 million, respectively, and is included in accounts receivable in the accompanying Condensed Consolidated Balance Sheets. For the nine months ended September 30, 2019 and 2018 non-cash investing activities related to the increase in the deferred purchase price was zero and $413.0 million, respectively. The Company has two non-U.S. accounts receivable financing programs. Under these financing programs, the Company sold receivables and received cash of €26.5million for the three months ended September 30, 2019. During the nine months ended September 30, 2019, the Company sold receivables and received cash of €88.7 million. The maximum availability under these programs is €45 million.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2019
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes For the three months ended September 30, 2019 and 2018, the Company recorded a provision (benefit) for income taxes of $3.1 million and $(10.7) million, respectively. For the nine months ended September 30, 2019 and 2018, the Company recorded a provision (benefit) for income taxes of $10.3 million and $(8.0) million, respectively. The increase in the Company’s provision for income taxes for the three months ended September 30, 2019 relative to the prior year relates primarily to the discrete tax benefit of $12.3 million from the partial release of the valuation allowance in the U.K. recorded during 2018. The increase in the Company’s provision for income taxes for the nine months ended September 30, 2019 relative to the prior year relates primarily to discrete tax benefit s of $ million recorded during 2018 of which $ 12.3 million relates to the partial release of the valuation allowance in the U.K. and $ 5.2 million relate s to a release of reserves due to statute of limitation lapses. The Company will continue to evaluate its valuation allowance requirements on an ongoing basis in light of changing facts and circumstances and may adjust its deferred tax asset valuation allowances accordingly. It is reasonably possible that the Company will either add to or reverse a portion of its existing deferred tax asset valuation allowances in the future. Such changes in the deferred tax asset valuation allowances will be reflected in the Company’s income tax provision (benefit) and could have a material effect on financial results. The Company’s unrecognized tax benefits, excluding interest and penalties, were $11.9 million and $12.8 million as of September 30, 2019 and December 31, 2018, respectively.

Income (Loss) Per Share Attribu

Income (Loss) Per Share Attributable to Manitowoc Common Shareholders	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Income (Loss) Per Share Attributable to Manitowoc Common Shareholders	11. Income (Loss) Per Share Attributable to Manitowoc Common Shareholders Basic income per common share is computed as net income divided by the basic weighted average common shares outstanding of 35.3 million shares and 35.5 million shares for the three and nine months ended September 30, 2019, respectively, and 35.6 million and 35.5 million shares for the three and nine months ended September 30, 2018, respectively. The calculation of diluted income per common share includes the effect of any dilutive equity incentive instruments. The Company uses the treasury stock method to calculate the effect of outstanding dilutive equity incentive instruments, which requires the Company to compute total proceeds as the sum of the amount the employee must pay upon exercise of the award and the amount of unearned stock-based compensation costs attributable to future services. Equity incentive instruments for which the total employee proceeds from exercise exceed the average fair value of the same equity incentive instrument over the period have an anti-dilutive effect on income per common share during periods with net income, and accordingly, the Company excludes the shares from the diluted earnings per share calculation. Anti-dilutive equity instruments of approximately 1,528,910 and 448,595 common shares were excluded from the computation of diluted net income per common share for the three months ended September 30, 2019 and 2018, respectively. Anti-dilutive equity instruments of approximately 1,544,379 and 389,567 common shares were excluded from the computation of diluted net income per common share for the nine months ended September 30, 2019 and 2018, respectively. The following is a reconciliation of the average shares outstanding used to compute basic and diluted income per common share: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Basic weighted average common shares outstanding 35,348,597 35,564,946 35,527,971 35,488,271 Effect of dilutive securities 110,359 363,381 158,860 446,822 Diluted weighted average common shares outstanding 35,458,956 35,928,327 35,686,831 35,935,093 No cash dividends were paid during the three and nine months ended September 30, 2019 and 2018.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Stockholders' Equity	1 2 . Stockholders’ Equity Authorized capital consists of 75 million shares of $0.01 par value common stock and 3.5 million shares of $0.01 par value preferred stock. None of the preferred shares have been issued. As of September 30, 2019, the Company has authorization to purchase up to $30.0 million of the Company’s common stock at management’s discretion. During the three and nine months ended September 30, 2019, the Company purchased zero and $7.4 million, respectively, of the Company’s common stock under this authorization. A reconciliation of the changes in accumulated other comprehensive income (loss), net of tax, by component for the three months ended September 30, 2019 and 2018 are summarized as follows: Gains and Losses on Cash Flow Hedges Pension & Postretirement Foreign Currency Translation Total Balance at June 30, 2018 $ (3.2 ) $ (43.7 ) $ (67.8 ) $ (114.7 ) Other comprehensive loss before reclassifications (1.2 ) (0.2 ) (7.1 ) (8.5 ) Amounts reclassified from accumulated other comprehensive loss 2.5 4.4 — 6.9 Net other comprehensive income (loss) 1.3 4.2 (7.1 ) (1.6 ) Balance at September 30, 2018 $ (1.9 ) $ (39.5 ) $ (74.9 ) $ (116.3 ) Balance at June 30, 2019 $ 0.4 $ (35.2 ) $ (81.4 ) $ (116.2 ) Other comprehensive loss before reclassifications (2.2 ) — (13.9 ) (16.1 ) Amounts reclassified from accumulated other comprehensive loss 0.9 0.4 — 1.3 Net other comprehensive income (loss) (1.3 ) 0.4 (13.9 ) (14.8 ) Balance at September 30, 2019 $ (0.9 ) $ (34.8 ) $ (95.3 ) $ (131.0 ) A reconciliation of the changes in accumulated other comprehensive income (loss), net of tax, by component for the nine months ended September 30, 2019 and 2018 are summarized as follows: Gains and Losses on Cash Flow Hedges Pension & Postretirement Foreign Currency Translation Total Balance at December 31, 2017 $ 0.1 $ (45.1 ) $ (52.4 ) $ (97.4 ) Other comprehensive loss before reclassifications (4.8 ) (0.2 ) (22.5 ) (27.5 ) Amounts reclassified from accumulated other comprehensive loss 2.8 5.8 — 8.6 Net other comprehensive income (loss) (2.0 ) 5.6 (22.5 ) (18.9 ) Balance at September 30, 2018 $ (1.9 ) $ (39.5 ) $ (74.9 ) $ (116.3 ) Balance at December 31, 2018 (0.3 ) (36.2 ) (80.1 ) (116.6 ) Other comprehensive income (loss) before reclassifications (3.0 ) 0.2 (15.2 ) (18.0 ) Amounts reclassified from accumulated other comprehensive loss 2.4 1.2 — 3.6 Net other comprehensive income (loss) (0.6 ) 1.4 (15.2 ) (14.4 ) Balance at September 30, 2019 $ (0.9 ) $ (34.8 ) $ (95.3 ) $ (131.0 ) A reconciliation of the reclassifications from accumulated other comprehensive loss, net of tax, for the three and nine months ended September 30, 2019 and 2018 are summarized as follows: Amount Reclassified from Accumulated Other Comprehensive Loss Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Recognized Location Losses on cash flow hedges Foreign currency contracts $ (0.9 ) $ (2.5 ) $ (2.4 ) $ (2.8 ) Cost of sales Total before income taxes (0.9 ) (2.5 ) (2.4 ) (2.8 ) Income tax provision — — — — Total, net of income taxes $ (0.9 ) $ (2.5 ) $ (2.4 ) $ (2.8 ) Amortization of pension and postretirement items Actuarial losses $ (1.1 ) $ (1.4 ) $ (3.3 ) $ (4.2 ) (a) Other income (expense) - net Amortization of prior service cost 0.7 0.7 2.1 2.1 (a) Other income (expense) - net Pension settlement charge — (4.5 ) — (4.5 ) (a) Other income (expense) - net Total before income taxes (0.4 ) (5.2 ) (1.2 ) (6.6 ) Income tax benefit — 0.8 — 0.8 Total, net of income taxes $ (0.4 ) $ (4.4 ) $ (1.2 ) $ (5.8 ) Total reclassifications for the period, net of income taxes $ (1.3 ) $ (6.9 ) $ (3.6 ) $ (8.6 ) (a) These accumulated other comprehensive loss components are components of net periodic pension cost (see Note 18, “Employee Benefit Plans,” for further details).

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Stock-Based Compensation	13. Stock-Based Compensation Long-term incentive compensation awards may be granted to certain eligible employees or non-employee directors. A detailed description of the awards granted prior to 2019 is included in the Company’s 2018 Annual Report on Form 10-K. Stock-based compensation expense was $2.2 million and $1.9 million for the three months ended September 30, 2019 and 2018, respectively. Stock-based compensation expense was $8.3 million and $6.0 million for the nine months ended September 30, 2019 and 2018, respectively. The Company recognizes stock-based compensation expense over the award’s vesting period. No options to acquire shares of common stock were granted to employees during the three months ended September 30, 2019. Options to acquire 210,243 shares of common stock were granted to employees during the nine months ended September 30, 2019. The options granted in 2019 become exercisable in three annual increments over a three-year period beginning on the first anniversary of the grant date and expire 10 years subsequent to the grant date. During the three months ended September 30, 2019 zero restricted stock units (“RSUs”) were issued to employees. A total of 178,371 RSUs were issued by the Company to employees during the nine months ended September 30, 2019. The RSUs granted to employees in 2019 vest in three annual increments over a three-year period beginning on the first anniversary of the grant date. No performance shares were issued during the three months ended September 30, 2019. A total of 228,037 performance shares were issued during the nine months ended September 30, 2019. Performance shares are earned based on the extent to which performance goals are met over the applicable performance period. The performance goals and the applicable performance period vary for each grant year. The performance goals for the performance shares granted in 2019 are based 50% on total shareholder return relative to peers during the three-year performance period and 50% on Adjusted EBITDA percentage from continuing operations in 202 1 . Depending on the foregoing factors, the number of shares earned could range from zero to two times the amount of performance shares outstanding. The Company did not issue any equity grants to directors during the three months ended September 30, 2019. A total of 50,673 equity grants were issued to directors during the nine months ended September 30, 2019. The 2019 equity grants vested immediately upon the grant date.

Segments

Segments	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Segments	14. Segments The Company reports segment information based on the “management” approach. The management approach designates the internal reporting used by the Chief Executive Officer, who is also the Company’s Chief Operating Decision Maker (“CODM”), for making decisions about the allocation of resources and assessing performance as the source of the Company’s reportable operating segments. The Company has three reportable segments: Americas, EURAF, and MEAP. The Americas operating segment includes the North America and South America continents. The EURAF operating segment includes the Europe and Africa continents, excluding the Middle East region. The MEAP operating segment includes the Asia and Australia continents and the Middle East region. The CODM evaluates the performance of the Company’s reportable segments based on net sales and operating income. Segment net sales are recognized in the geographic region the product is sold. Operating income for each segment includes net sales to third parties within the respective region, cost of sales directly attributable to the segment, and operating expenses directly attributable to the segment. Manufacturing variances generated within each reportable segment are maintained in each segment’s operating income. Operating income for each segment excludes other income and expense and certain expenses managed outside the reportable operating segments. Costs excluded from segment operating income include various corporate expenses such as stock-based compensation expense, income taxes, non-recurring charges and other separately managed general and administrative costs. The Company does not include intercompany sales between segments for management reporting purposes. The following table shows information by reportable segment for the three and nine months ended September 30, 2019 and 2018: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Net Sales Americas $ 251.0 $ 224.1 $ 721.7 $ 614.3 EURAF 139.2 152.9 476.0 498.3 MEAP 57.8 73.1 173.0 218.9 Total $ 448.0 $ 450.1 $ 1,370.7 $ 1,331.5 Segment Operating Income Americas $ 34.5 $ 17.8 $ 85.4 $ 35.2 EURAF 1.9 1.6 7.0 13.1 MEAP 5.9 6.2 18.3 24.8 Total $ 42.3 $ 25.6 $ 110.7 $ 73.1 Depreciation Americas $ 3.7 $ 3.5 $ 10.8 $ 10.6 EURAF 3.9 3.8 11.3 11.4 MEAP 0.5 0.9 1.9 2.9 Corporate 0.8 0.8 2.3 2.3 Total $ 8.9 $ 9.0 $ 26.3 $ 27.2 Capital Expenditures Americas $ 5.3 $ 2.4 $ 11.3 $ 7.3 EURAF 6.2 2.1 8.6 9.1 MEAP 1.2 0.9 2.5 2.6 Corporate — 0.8 — 2.4 Total $ 12.7 $ 6.2 $ 22.4 $ 21.4 A reconciliation of the Company’s segment operating income to operating income in the Condensed Consolidated Statement of Operations for the three and nine months ended September 30, 2019 and 2018 are summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Segment operating income $ 42.3 $ 25.6 $ 110.7 $ 73.1 Unallocated corporate expenses (9.8 ) (8.3 ) (20.0 ) (26.5 ) Unallocated restructuring expense — (0.4 ) (0.1 ) (3.9 ) Total operating income $ 32.5 $ 16.9 $ 90.6 $ 42.7 Net sales by geographic area for the three and nine months ended September 30, 2019 and 2018 are summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 United States $ 226.6 $ 208.5 $ 644.3 $ 556.3 Europe 134.8 147.6 458.0 486.6 Other 86.6 94.0 268.4 288.6 Total $ 448.0 $ 450.1 $ 1,370.7 $ 1,331.5 Net sales by product for the three and nine months ended September 30, 2019 and 2018 are summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Cranes $ 365.4 $ 362.3 $ 1,116.9 $ 1,079.0 Aftermarket parts and other* 82.6 87.8 253.8 252.5 Total net sales $ 448.0 $ 450.1 $ 1,370.7 $ 1,331.5 *Other revenue consists of revenue related to CraneCare services such as training and field service work.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	15. Fair Value of Financial Instruments ASC Topic 820-10, “Fair Value Measurement,” defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820-10 classifies the inputs used to measure fair value into the following hierarchy: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities Level 2 Unadjusted quoted prices in active markets for similar assets or liabilities, or Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or Inputs other than quoted prices that are observable for the asset or liability Level 3 Unobservable inputs for the asset or liability The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value as of September 30, 2019 and December 31, 2018, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of September 30, 2019 Level 1 Level 2 Level 3 Total Current Liabilities: Foreign currency exchange contracts $ — $ 2.4 $ — $ 2.4 Fair Value as of December 31, 2018 Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ 0.1 $ — $ 0.1 Current Liabilities: Foreign currency exchange contracts $ — $ 1.8 $ — $ 1.8 The fair value of the Company's 2026 Notes was approximately $295.7 million as of September 30, 2019. See Note 8, “Debt,” for a description of the debt instruments and their related carrying values. The Company endeavors to utilize the best available information in measuring fair value. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. The Company estimates the fair value of its 2026 Notes based on quoted market prices; because these markets are typically actively traded, the liabilities are classified as Level 1 within the valuation hierarchy. The carrying values of cash and cash equivalents, accounts receivable, accounts payable, deferred purchase price notes on receivables sold (see Note 9, “Accounts Receivable Securitization”) and short-term variable debt, including any amounts outstanding under the ABL Revolving Credit Facility, approximate fair value, without being discounted as of September 30, 2019 and December 31, 2018, due to the short-term nature of these instruments. As a result of its global operating and financing activities, the Company is exposed to market risks from changes in interest rates, foreign currency exchange rates and commodity prices, which may adversely affect the Company’s operating results and financial position. When deemed appropriate, the Company attempts to minimize these risks through the use of derivative financial instruments. Derivative financial instruments are used to manage risk and are not used for trading or other speculative purposes, and the Company does not use leveraged derivative financial instruments. Foreign currency exchange, commodity and interest rate contracts are valued through an independent valuation source that uses an industry standard data provider, with resulting valuations periodically validated through third-party or counterparty quotes. As such, these derivative instruments are classified within Level 2. See Note 21, “Derivative Financial Instruments” for additional information.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2019
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	16. Commitments and Contingencies The Company is involved in various legal actions arising out of the normal course of business, which, taking into account the liabilities accrued and legal counsel’s evaluation of such actions, in the opinion of management, the ultimate resolution, individually and in the aggregate, is not expected to have a material adverse effect on the Company’s financial condition, results of operations or cash flows. It is reasonably possible that the estimates for warranty costs, product liability, environmental remediation, asbestos-related claims and other various legal matters may change based upon new information that may arise or matters that are beyond the scope of the Company’s historical experience. Presently, there are no reliable methods to estimate the amount of any such potential changes. Product liability reserves, recorded within other liabilities in the Condensed Consolidated Balance Sheets, as of September 30, 2019 and December 31, 2018 were $13.8 million and $16.3 million, respectively. These reserves were estimated using a combination of actual case reserves and actuarial methods. Based on the Company’s experience in defending product liability claims, management believes the current reserves are adequate for estimated case resolutions on aggregate self-insured claims and insured claims. Any recoveries from insurance carriers are dependent upon the legal sufficiency of claims and solvency of insurance carriers. During the nine months ended September 30, 2019, the Company settled a legal matter resulting in a net $24.4 million gain recorded in the second quarter of 2019. The Company recorded this settlement by recognizing income of $15.5 million in other income (expense) - net and a benefit of $8.9 million in engineering, selling and administrative expenses in the Condensed Consolidated Statements of Operations.

Guarantees

Guarantees	9 Months Ended
	Sep. 30, 2019
Guarantees [Abstract]
Guarantees	17. Guarantees The Company periodically enters into transactions with customers that provide for buyback commitments. The Company evaluates each agreement at inception to determine if the customer has a significant economic incentive to exercise the buyback option. If it is determined that the customer has a significant economic incentive to exercise that right, the revenue is deferred and the agreement is accounted for as a lease in accordance with Topic 842 – “Leases,” (“Topic 842”). If it is determined that the customer does not have a significant economic incentive to exercise that right, then revenue is recognized when control of the product is transferred to the customer. The deferred revenue included in other current and non-current liabilities as of September 30, 2019 and December 31, 2018 was $ 37.7 million and $ 34.4 million, respectively. The total amount of buyback commitments and other guarantees given by the Company and outstanding as of September 30, 2019 and December 31, 2018 was $ 27.9 million and $ 30.9 million, respectively. These amounts are not reduced for amounts the Company would recover from the repossession and subsequent resale of the cranes . The buyback commitments expire at various times through 202 5 . As of September 30, 2019 and December 31, 2018, the Company had reserved $39.5 million and $38.5 million, respectively, for warranty claims included in product warranties as well as other non-current liabilities in the Condensed Consolidated Balance Sheets. In the normal course of business, the Company provides its customers a warranty covering workmanship, and in some cases materials, on products manufactured by the Company. Such warranties generally provide that products will be free from defects for periods ranging from 12 to 60 months. If a product fails to comply with the Company’s warranty, the Company may be obligated, at its expense, to correct any defect by repairing or replacing such defective products. The Company provides for an estimate of costs that may be incurred under its warranty at the time product revenue is recognized. These costs primarily include labor and materials, as necessary, associated with repair or replacement. The primary factors that affect the Company’s warranty liability include the number of units shipped and historical and anticipated warranty claims. As these factors are impacted by actual experience and future expectations, the Company assesses the adequacy of its recorded warranty liability and adjusts the amounts as necessary. Below is a table summarizing the warranty activity for the three and nine months ended September 30, 2019 and 2018: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Balance at beginning of period $ 40.3 $ 35.9 $ 38.5 $ 35.2 Accruals for warranties issued during the period 8.0 7.6 24.5 20.0 Settlements made (in cash or in kind) during the period (8.2 ) (7.8 ) (22.8 ) (19.1 ) Currency translation (0.6 ) (0.1 ) (0.7 ) (0.5 ) Balance at end of period $ 39.5 $ 35.6 $ 39.5 $ 35.6

Employee Benefit Plans

Employee Benefit Plans	9 Months Ended
	Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]
Employee Benefit Plans	18. Employee Benefit Plans The Company provides certain pension, health care and death benefits to eligible retirees and their dependents. The funding mechanism for such benefits varies based on the country where the retiree resides and receives benefits. Eligibility for pension coverage is based on retirement qualifications. Healthcare benefits may be subject to deductibles, co-payments and other limitations. The Company reserves the right to modify benefits unless prohibited by local laws or regulations. On September 20, 2018, the Manitowoc U.S. Pension Plan (“U.S. Pension Plans”) entered into a definitive agreement with an insurance company to purchase a group annuity contract to transfer $18.6 million of the Company’s outstanding pension benefit obligations related to certain U.S. retirees and beneficiaries. The transaction closed on September 27, 2018. As a result of the transaction, the insurance company was required to pay and administer the retirement benefits owed to the 622 retirees and beneficiaries of the U.S. Pension Plan starting on December 1, 2018. In connection with this transaction, in the three and nine months ended September 30, 2018, the Company recognized a non-cash pension settlement charge of $4.5 million in other income (expense) - net in the Condensed Consolidated Statement of Operations primarily related to the accelerated recognition of actuarial losses included in accumulated other comprehensive loss for the U.S. Pension Plans. The components of periodic benefit costs for the three and nine months ended September 30, 2019 and September 30, 2018 are summarized as follows: Three Months Ended September 30, 2019 Three Months Ended September 30, 2018 Postretirement Postretirement U.S. Non-U.S. Health and U.S. Non-U.S. Health and Pension Pension Other Pension Pension Other Plans Plans Plans Plans Plans Plans Service cost - benefits earned during the period $ — $ 0.5 $ 0.1 $ — $ 0.5 $ 0.1 Interest cost of projected benefit obligations 1.3 0.5 0.1 1.3 0.5 0.2 Expected return on plan assets (1.1 ) (0.3 ) — (1.5 ) (0.4 ) — Amortization of prior service cost — — (0.7 ) — — (0.7 ) Amortization of actuarial net loss 0.8 0.3 — 0.8 0.4 0.2 Pension settlement charge — — — 4.5 — — Net periodic benefit costs $ 1.0 $ 1.0 $ (0.5 ) $ 5.1 $ 1.0 $ (0.2 ) Nine Months Ended September 30, 2019 Nine Months Ended September 30, 2018 Postretirement Postretirement U.S. Non-U.S. Health and U.S. Non-U.S. Health and Pension Pension Other Pension Pension Other Plans Plans Plans Plans Plans Plans Service cost - benefits earned during the period $ — $ 1.5 $ 0.3 $ — $ 1.5 $ 0.3 Interest cost of projected benefit obligations 3.9 1.5 0.5 3.9 1.5 0.6 Expected return on plan assets (3.3 ) (0.9 ) — (4.5 ) (1.2 ) — Amortization of prior service cost — — (2.1 ) — — (2.1 ) Amortization of actuarial net loss 2.4 0.9 — 2.4 1.2 0.6 Pension settlement charge — — — 4.5 — — Net periodic benefit costs $ 3.0 $ 3.0 $ (1.3 ) $ 6.3 $ 3.0 $ (0.6 ) The components of net periodic benefit cost other than the service cost component are included in other income (expense) - net in the Condensed Consolidated Statement of Operations.

Restructuring

Restructuring	9 Months Ended
	Sep. 30, 2019
Restructuring And Related Activities [Abstract]
Restructuring	19. Restructuring During the three months ended September 30, 2019 and 2018, the Company incurred $1.1 million and $1.0 million of restructuring expense, respectively. During the nine months ended September 30, 2019 and 2018, the Company incurred $8.3 million and $11.0 million of restructuring expense, respectively. The expense for the three months ended September 30, 2019 related primarily to costs associated with headcount reductions in Europe. Expenses for the nine months ended September 30, 2019 related primarily to headcount reductions in India, Europe and North America. Expenses for the three and nine months ended September 30, 2018 related primarily to the Corporate office relocation from Manitowoc, WI to Milwaukee, WI, the departure of an executive officer, training of skilled labor as a result of the transfer of crawler crane production to Shady Grove, PA and headcount reductions in Europe. The following is a rollforward of the Company's restructuring accrual for the three and nine months ended September 30, 2019 and 2018: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Balance at beginning of period $ 3.1 $ 4.4 $ 3.1 $ 5.6 Restructuring expenses 1.1 1.0 8.3 11.0 Use of reserve (1.9 ) (2.0 ) (9.1 ) (12.7 ) Reserve reclassification — — — (0.3 ) Currency translation (0.1 ) — (0.1 ) (0.2 ) Balance at end of period $ 2.2 $ 3.4 $ 2.2 $ 3.4

Leases

Leases	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Leases	20. Leases As of January 1, 2019, the Company adopted Topic 842 and elected to use the modified prospective approach, which does not require a retrospective restatement of prior years. The adoption of Topic 842 resulted in no cumulative catch-up to retained earnings. As part of the adoption, the Company applied the package of practical expedients which does not require the Company to reassess the lease classification for any expired or existing leases upon adoption of Topic 842. The Company has operating leases for offices, warehouses, land for storage of cranes, vehicles, information technology equipment, and manufacturing equipment. The remaining lease terms are up to 24 years, some of which include options to extend the lease term for up to 10 years, and some which include options to terminate the lease within 1 year. Certain leases include one or more options to renew; the exercise of lease renewal options is at the Company’s discretion. The Company includes renewal option periods in the lease term for determining the right-of-use asset and lease liability when it is determined that the option is reasonably certain to be exercised. The Company’s financing leases have an immaterial impact on the condensed consolidated financial statements. The components of lease expense for the three and nine months ended September 30, 2019 are summarized as follows: Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Operating lease cost $ 3.3 $ 10.9 Variable lease cost* 0.3 1.1 Total lease cost $ 3.6 $ 12.0 *Includes short-term leases, which are immaterial. Supplemental balance sheet information related to leases as of September 30, 2019 are summarized as follows: Operating lease right-of-use assets $ 42.5 Other liabilities $ 10.1 Operating lease liabilities 32.5 Total operating lease liabilities $ 42.6 Cash paid for operating leases included in operating cash flows was $20.5 million for the nine months ended September 30, 2019. As of September 30, 2019, the Company’s operating leases had a weighted-average remaining lease term of 6.9 years and a weighted-average discount rate of 5.05%. Topic 842 requires a lessee to discount its unpaid lease obligations using the interest rate implicit in the lease, or if not readily determinable, the incremental borrowing rate. Generally, the Company uses its incremental borrowing rate as the implicit rate cannot be determined. The Company’s incremental borrowing rate for a lease is the rate of interest the Company would have to pay on a collateralized basis to borrow an amount equal to the lease payments under similar terms in the same location. Maturities of operating lease liabilities as of September 30, 2019 are summarized as follows: Year 2019 $ 3.1 2020 9.6 2021 7.3 2022 4.6 2023 16.0 Thereafter 63.0 Total lease payments 103.6 Less: imputed interest (61.0 ) Present value of lease liabilities $ 42.6

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	21. Derivative Financial Instruments The Company’s risk management objective is to ensure that business exposures to risks are minimized using the most effective and efficient methods to eliminate, reduce, or transfer such exposures. Operating decisions consider these associated risks and, whenever possible, transactions are structured to avoid or mitigate these risks. From time to time, the Company enters into forward currency exchange contracts (“FX forward contracts”) to manage the exposure on forecasted transactions denominated in non-functional currencies and to manage the risk of transaction gains and losses associated with assets/ liabilities in currencies other than the functional currency of certain subsidiaries. Certain of these FX forward contracts are designated as cash flow hedges. To the extent these derivatives are effective in offsetting the variability of the hedged cash flows, changes in the derivatives’ fair value are included in accumulated other comprehensive loss. These changes in fair value are reclassified into earnings as a component of cost of sales, as applicable, when the forecasted transaction impacts earnings. In addition, if the forecasted transaction is no longer probable, the cumulative change in the derivatives’ fair value is recorded as a component of Other income (expense) – net in the period in which the transaction is no longer considered probable of occurring. The Company had FX forward contracts with an aggregate notional amount of $78.3 million and $76.8 million outstanding as of September 30, 2019 and December 31, 2018, respectively. The aggregate notional amount outstanding as of September 30, 2019 is scheduled to mature within one year. The FX forward contracts outstanding are being used to hedge Euro purchases in the United States. As of September 30, 2019 and December 31, 2018, the net fair value of these contracts was a current liability of $2.4 million and $1.7 million, respectively. The unrealized losses, net of tax, recorded in accumulated other comprehensive loss were $1.1 million and $0.4 million as of September 30, 2019 and December 31, 2018, respectively. The Company anticipates reclassifying the unrealized losses as of September 30, 2019 to cost of sales over the next 12 months. The following table provides the amount of gain or losses recorded in the Condensed Consolidated Statement of Operations for foreign currency exchange contracts for the three and nine months ended September 30, 2019 and 2018. Three Months Ended September 30, Nine Months Ended September 30, Recognized Location 2019 2018 2019 2018 Designated Cost of sales $ 0.9 $ 2.6 $ 2.4 $ 2.9 Non-Designated Other income (expense), net $ (0.3 ) $ 2.2 $ 1.9 $ 2.2

Recent Accounting Changes and P

Recent Accounting Changes and Pronouncements	9 Months Ended
	Sep. 30, 2019
Recent Accounting Changes And Pronouncements [Abstract]
Recent Accounting Changes and Pronouncements	22. Recent Accounting Changes and Pronouncements In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2018-15 “Intangibles – Goodwill and Other – Internal-use Software (Subtopic 250-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract.” The amendments in this ASU align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The standard is effective for annual periods beginning after December 15, 2019. The Company is evaluating the impact the adoption this ASU will have on its condensed consolidated financial statements. In June 2018, the FASB issued ASU No. 2018-07 “Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-based Payment Accounting,” which aligns the accounting for nonemployee share-based payments with employee share-based payments under Topic 718. The Company adopted this ASU as of January 1, 2019. The adoption of the ASU did not have a material impact on the Company’s condensed consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02 “Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. This new standard permits an entity to reclassify to retained earnings the tax effects stranded in accumulated other comprehensive income (loss) as a result of U.S. tax reform. The Company adopted this ASU as of January 1, 2019 and chose not to reclassify the stranded tax effects related to the U.S. tax reform change in the federal corporate tax rate from accumulated other comprehensive income (loss) to retained earnings. The Company has elected the portfolio approach to release stranded income tax effects in accumulated other comprehensive income (loss). In August 2017, the FASB issued ASU No. 2017-12 “Targeted Improvements to Accounting for Hedging Activities,” which amends ASC 815, “Derivatives and Hedging.” The purpose of this ASU is to better align a company’s risk management activities and financial reporting for hedging relationships, simplify the hedge accounting requirements, and improve the disclosures of hedging arrangements. The Company adopted this ASU as of January 1, 2019. The adoption of this ASU did not have a material impact on the Company’s condensed consolidated financial statements. In March 2017, the FASB issued ASU No. 2017-08 “Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities,” to shorten the amortization period for the premium to the earliest call date instead of the contractual life of the instrument. The Company adopted this ASU as of January 1, 2019. The adoption of the ASU did not have a material impact on the Company’s condensed consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses,” which requires the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supportable forecasts. The new guidance is applicable to financial assets measured at amortized cost, net investments in leases and certain off-balance sheet credit exposures. The standard is effective for annual periods beginning after December 15, 2019. The Company is evaluating the impact the adoption this ASU will have on its condensed consolidated financial statements. In February 2016, the FASB issued ASU 2016-02 - “Leases, (Topic 842),” which is intended to improve financial reporting on leasing transactions. This was further clarified with technical corrections issued within ASU 2018-10 and ASU 2018-11. This standard requires a lessee to record on the balance sheet the assets and liabilities for the rights and obligations created by lease terms of more than 12 months. The Company adopted this ASU as of January 1, 2019. The adoption of this ASU did not have a material impact on the Company’s Condensed Consolidated Statement of Operations and Condensed Consolidated Statement of Cash Flows. The updated disclosures are included in Note 20, “Leases.”

Recent Accounting Changes and_2

Recent Accounting Changes and Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2019
Recent Accounting Changes And Pronouncements [Abstract]
Fair Value Measurement	ASC Topic 820-10, “Fair Value Measurement,” defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC Topic 820-10 classifies the inputs used to measure fair value into the following hierarchy: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities Level 2 Unadjusted quoted prices in active markets for similar assets or liabilities, or Unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active, or Inputs other than quoted prices that are observable for the asset or liability Level 3 Unobservable inputs for the asset or liability
Recent Accounting Changes and Pronouncements	In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2018-15 “Intangibles – Goodwill and Other – Internal-use Software (Subtopic 250-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract.” The amendments in this ASU align the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software. The standard is effective for annual periods beginning after December 15, 2019. The Company is evaluating the impact the adoption this ASU will have on its condensed consolidated financial statements. In June 2018, the FASB issued ASU No. 2018-07 “Compensation – Stock Compensation (Topic 718): Improvements to Nonemployee Share-based Payment Accounting,” which aligns the accounting for nonemployee share-based payments with employee share-based payments under Topic 718. The Company adopted this ASU as of January 1, 2019. The adoption of the ASU did not have a material impact on the Company’s condensed consolidated financial statements. In February 2018, the FASB issued ASU No. 2018-02 “Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. This new standard permits an entity to reclassify to retained earnings the tax effects stranded in accumulated other comprehensive income (loss) as a result of U.S. tax reform. The Company adopted this ASU as of January 1, 2019 and chose not to reclassify the stranded tax effects related to the U.S. tax reform change in the federal corporate tax rate from accumulated other comprehensive income (loss) to retained earnings. The Company has elected the portfolio approach to release stranded income tax effects in accumulated other comprehensive income (loss). In August 2017, the FASB issued ASU No. 2017-12 “Targeted Improvements to Accounting for Hedging Activities,” which amends ASC 815, “Derivatives and Hedging.” The purpose of this ASU is to better align a company’s risk management activities and financial reporting for hedging relationships, simplify the hedge accounting requirements, and improve the disclosures of hedging arrangements. The Company adopted this ASU as of January 1, 2019. The adoption of this ASU did not have a material impact on the Company’s condensed consolidated financial statements. In March 2017, the FASB issued ASU No. 2017-08 “Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities,” to shorten the amortization period for the premium to the earliest call date instead of the contractual life of the instrument. The Company adopted this ASU as of January 1, 2019. The adoption of the ASU did not have a material impact on the Company’s condensed consolidated financial statements. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments - Credit Losses,” which requires the Company to measure all expected credit losses for financial instruments held at the reporting date based on historical experience, current conditions and reasonable supportable forecasts. The new guidance is applicable to financial assets measured at amortized cost, net investments in leases and certain off-balance sheet credit exposures. The standard is effective for annual periods beginning after December 15, 2019. The Company is evaluating the impact the adoption this ASU will have on its condensed consolidated financial statements. In February 2016, the FASB issued ASU 2016-02 - “Leases, (Topic 842),” which is intended to improve financial reporting on leasing transactions. This was further clarified with technical corrections issued within ASU 2018-10 and ASU 2018-11. This standard requires a lessee to record on the balance sheet the assets and liabilities for the rights and obligations created by lease terms of more than 12 months. The Company adopted this ASU as of January 1, 2019. The adoption of this ASU did not have a material impact on the Company’s Condensed Consolidated Statement of Operations and Condensed Consolidated Statement of Cash Flows. The updated disclosures are included in Note 20, “Leases.”

Revenues (Tables)

Revenues (Tables)	9 Months Ended
	Sep. 30, 2019
Revenue From Contract With Customer [Abstract]
Schedule of Change In Customer Advances Balance	The table below shows the change in the customer advances balance for the three and nine months ended September 30, 2019 and 2018. Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Balance at beginning of period $ 10.6 $ 15.3 $ 9.6 $ 12.7 Cash received or due in advance of satisfying performance obligation 25.4 14.9 75.6 71.7 Revenue recognized (26.1 ) (18.1 ) (75.5 ) (71.7 ) Currency translation (0.2 ) (0.3 ) — (0.9 ) Balance at end of period $ 9.7 $ 11.8 $ 9.7 $ 11.8

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2019
Inventory Disclosure [Abstract]
Schedule of the components of inventories	The components of inventories as of September 30, 2019 and December 31, 2018 are summarized as follows: September 30, 2019 December 31, 2018 Raw materials $ 176.2 $ 159.2 Work-in-process 141.2 112.0 Finished goods 262.1 238.0 Total inventories 579.5 509.2 Excess and obsolete inventory reserve (57.6 ) (56.1 ) Inventories — net $ 521.9 $ 453.1

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	9 Months Ended
	Sep. 30, 2019
Property Plant And Equipment [Abstract]
Components of Property, Plant and Equipment	The components of property, plant and equipment at September 30, 2019 and December 31, 2018 are summarized as follows: September 30, 2019 December 31, 2018 Land $ 23.5 $ 24.1 Building and improvements 192.9 195.3 Machinery, equipment and tooling 267.0 269.4 Furniture and fixtures 16.5 16.4 Computer hardware and software 119.0 117.1 Rental cranes 77.4 84.0 Construction in progress 7.0 9.6 Total cost 703.3 715.9 Less accumulated depreciation (424.4 ) (427.0 ) Property, plant and equipment — net $ 278.9 $ 288.9

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Changes in goodwill by reportable segment	The changes in the carrying amount of goodwill for the year ended December 31, 2018 and the nine months ended September 30, 2019 are summarized as follows: Americas EURAF MEAP Consolidated Balance as of January 1, 2018 $ 166.5 $ 85.9 $ 68.9 $ 321.3 Foreign currency impact — (3.7 ) (2.6 ) (6.3 ) Goodwill impairment - October 31, 2018 — (82.2 ) — (82.2 ) Balance as of December 31, 2018 166.5 — 66.3 232.8 Foreign currency impact — — (1.3 ) (1.3 ) Balance as of September 30, 2019 $ 166.5 $ — $ 65.0 $ 231.5
Gross carrying amount, accumulated amortization and net book value of intangible assets other than goodwill	The gross carrying amount, accumulated amortization and net book value of the Company’s intangible assets other than goodwill at September 30, 2019 and December 31, 2018 are summarized as follows: September 30, 2019 December 31, 2018 Gross Carrying Amount Accumulated Amortization Net Book Value Gross Carrying Amount Accumulated Amortization Net Book Value Trademarks and tradenames $ 93.9 $ — $ 93.9 $ 96.7 $ — $ 96.7 Customer relationships 10.1 (8.4 ) 1.7 10.1 (8.4 ) 1.7 Patents 29.0 (28.2 ) 0.8 29.8 (29.0 ) 0.8 Distribution network 18.3 — 18.3 18.9 — 18.9 Total $ 161.5 $ (46.9 ) $ 114.6 $ 166.0 $ (47.9 ) $ 118.1

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	9 Months Ended
	Sep. 30, 2019
Payables And Accruals [Abstract]
Schedule of accounts payable and accrued expenses	Accounts payable and accrued expenses at September 30, 2019 and December 31, 2018 are summarized as follows: September 30, 2019 December 31, 2018 Trade accounts payable $ 202.4 $ 249.2 Employee-related expenses 53.9 59.5 Accrued vacation 20.9 24.3 Miscellaneous accrued expenses 95.3 92.2 Total $ 372.5 $ 425.2

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2019
Debt Disclosure [Abstract]
Schedule of outstanding debt	Outstanding debt at September 30, 2019 and December 31, 2018 is summarized as follows: September 30, 2019 December 31, 2018 Senior secured asset based revolving credit facility $ — $ — Senior secured second lien notes due 2021 — 254.2 Senior secured second lien notes due 2026 300.0 — Other 18.1 21.2 Deferred financing costs (4.7 ) (2.3 ) Total debt 313.4 273.1 Short-term borrowings and current portion of long-term debt (4.3 ) (6.4 ) Long-term debt $ 309.1 $ 266.7

Income (Loss) Per Share Attri_2

Income (Loss) Per Share Attributable to Manitowoc Common Shareholders (Tables)	9 Months Ended
	Sep. 30, 2019
Earnings Per Share [Abstract]
Reconciliation of the average shares outstanding used to compute basic and diluted income per common share	The following is a reconciliation of the average shares outstanding used to compute basic and diluted income per common share: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Basic weighted average common shares outstanding 35,348,597 35,564,946 35,527,971 35,488,271 Effect of dilutive securities 110,359 363,381 158,860 446,822 Diluted weighted average common shares outstanding 35,458,956 35,928,327 35,686,831 35,935,093

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2019
Equity [Abstract]
Schedule of Components of Accumulated Other Comprehensive Income (Loss)	A reconciliation of the changes in accumulated other comprehensive income (loss), net of tax, by component for the three months ended September 30, 2019 and 2018 are summarized as follows: Gains and Losses on Cash Flow Hedges Pension & Postretirement Foreign Currency Translation Total Balance at June 30, 2018 $ (3.2 ) $ (43.7 ) $ (67.8 ) $ (114.7 ) Other comprehensive loss before reclassifications (1.2 ) (0.2 ) (7.1 ) (8.5 ) Amounts reclassified from accumulated other comprehensive loss 2.5 4.4 — 6.9 Net other comprehensive income (loss) 1.3 4.2 (7.1 ) (1.6 ) Balance at September 30, 2018 $ (1.9 ) $ (39.5 ) $ (74.9 ) $ (116.3 ) Balance at June 30, 2019 $ 0.4 $ (35.2 ) $ (81.4 ) $ (116.2 ) Other comprehensive loss before reclassifications (2.2 ) — (13.9 ) (16.1 ) Amounts reclassified from accumulated other comprehensive loss 0.9 0.4 — 1.3 Net other comprehensive income (loss) (1.3 ) 0.4 (13.9 ) (14.8 ) Balance at September 30, 2019 $ (0.9 ) $ (34.8 ) $ (95.3 ) $ (131.0 ) A reconciliation of the changes in accumulated other comprehensive income (loss), net of tax, by component for the nine months ended September 30, 2019 and 2018 are summarized as follows: Gains and Losses on Cash Flow Hedges Pension & Postretirement Foreign Currency Translation Total Balance at December 31, 2017 $ 0.1 $ (45.1 ) $ (52.4 ) $ (97.4 ) Other comprehensive loss before reclassifications (4.8 ) (0.2 ) (22.5 ) (27.5 ) Amounts reclassified from accumulated other comprehensive loss 2.8 5.8 — 8.6 Net other comprehensive income (loss) (2.0 ) 5.6 (22.5 ) (18.9 ) Balance at September 30, 2018 $ (1.9 ) $ (39.5 ) $ (74.9 ) $ (116.3 ) Balance at December 31, 2018 (0.3 ) (36.2 ) (80.1 ) (116.6 ) Other comprehensive income (loss) before reclassifications (3.0 ) 0.2 (15.2 ) (18.0 ) Amounts reclassified from accumulated other comprehensive loss 2.4 1.2 — 3.6 Net other comprehensive income (loss) (0.6 ) 1.4 (15.2 ) (14.4 ) Balance at September 30, 2019 $ (0.9 ) $ (34.8 ) $ (95.3 ) $ (131.0 )
Reconciliation of reclassifications from accumulated other comprehensive income (loss), net of tax	A reconciliation of the reclassifications from accumulated other comprehensive loss, net of tax, for the three and nine months ended September 30, 2019 and 2018 are summarized as follows: Amount Reclassified from Accumulated Other Comprehensive Loss Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Recognized Location Losses on cash flow hedges Foreign currency contracts $ (0.9 ) $ (2.5 ) $ (2.4 ) $ (2.8 ) Cost of sales Total before income taxes (0.9 ) (2.5 ) (2.4 ) (2.8 ) Income tax provision — — — — Total, net of income taxes $ (0.9 ) $ (2.5 ) $ (2.4 ) $ (2.8 ) Amortization of pension and postretirement items Actuarial losses $ (1.1 ) $ (1.4 ) $ (3.3 ) $ (4.2 ) (a) Other income (expense) - net Amortization of prior service cost 0.7 0.7 2.1 2.1 (a) Other income (expense) - net Pension settlement charge — (4.5 ) — (4.5 ) (a) Other income (expense) - net Total before income taxes (0.4 ) (5.2 ) (1.2 ) (6.6 ) Income tax benefit — 0.8 — 0.8 Total, net of income taxes $ (0.4 ) $ (4.4 ) $ (1.2 ) $ (5.8 ) Total reclassifications for the period, net of income taxes $ (1.3 ) $ (6.9 ) $ (3.6 ) $ (8.6 ) (a) These accumulated other comprehensive loss components are components of net periodic pension cost (see Note 18, “Employee Benefit Plans,” for further details).

Segments (Tables)

Segments (Tables)	9 Months Ended
	Sep. 30, 2019
Segment Reporting [Abstract]
Schedule of Information by Reportable Segment	The following table shows information by reportable segment for the three and nine months ended September 30, 2019 and 2018: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Net Sales Americas $ 251.0 $ 224.1 $ 721.7 $ 614.3 EURAF 139.2 152.9 476.0 498.3 MEAP 57.8 73.1 173.0 218.9 Total $ 448.0 $ 450.1 $ 1,370.7 $ 1,331.5 Segment Operating Income Americas $ 34.5 $ 17.8 $ 85.4 $ 35.2 EURAF 1.9 1.6 7.0 13.1 MEAP 5.9 6.2 18.3 24.8 Total $ 42.3 $ 25.6 $ 110.7 $ 73.1 Depreciation Americas $ 3.7 $ 3.5 $ 10.8 $ 10.6 EURAF 3.9 3.8 11.3 11.4 MEAP 0.5 0.9 1.9 2.9 Corporate 0.8 0.8 2.3 2.3 Total $ 8.9 $ 9.0 $ 26.3 $ 27.2 Capital Expenditures Americas $ 5.3 $ 2.4 $ 11.3 $ 7.3 EURAF 6.2 2.1 8.6 9.1 MEAP 1.2 0.9 2.5 2.6 Corporate — 0.8 — 2.4 Total $ 12.7 $ 6.2 $ 22.4 $ 21.4
Schedule of Reconciliation of the Company's Segment Operating Income (Loss)	A reconciliation of the Company’s segment operating income to operating income in the Condensed Consolidated Statement of Operations for the three and nine months ended September 30, 2019 and 2018 are summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Segment operating income $ 42.3 $ 25.6 $ 110.7 $ 73.1 Unallocated corporate expenses (9.8 ) (8.3 ) (20.0 ) (26.5 ) Unallocated restructuring expense — (0.4 ) (0.1 ) (3.9 ) Total operating income $ 32.5 $ 16.9 $ 90.6 $ 42.7
Schedule of Net Sales by Geographic Area	Net sales by geographic area for the three and nine months ended September 30, 2019 and 2018 are summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 United States $ 226.6 $ 208.5 $ 644.3 $ 556.3 Europe 134.8 147.6 458.0 486.6 Other 86.6 94.0 268.4 288.6 Total $ 448.0 $ 450.1 $ 1,370.7 $ 1,331.5
Schedule of Net Sales By Product	Net sales by product for the three and nine months ended September 30, 2019 and 2018 are summarized as follows: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Cranes $ 365.4 $ 362.3 $ 1,116.9 $ 1,079.0 Aftermarket parts and other* 82.6 87.8 253.8 252.5 Total net sales $ 448.0 $ 450.1 $ 1,370.7 $ 1,331.5 *Other revenue consists of revenue related to CraneCare services such as training and field service work.

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2019
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Accounted for at Fair Value on a Recurring Basis by Level within the Fair Value Hierarchy	The following table sets forth the Company’s financial assets and liabilities that were accounted for at fair value as of September 30, 2019 and December 31, 2018, by level within the fair value hierarchy. Financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Fair Value as of September 30, 2019 Level 1 Level 2 Level 3 Total Current Liabilities: Foreign currency exchange contracts $ — $ 2.4 $ — $ 2.4 Fair Value as of December 31, 2018 Level 1 Level 2 Level 3 Total Current Assets: Foreign currency exchange contracts $ — $ 0.1 $ — $ 0.1 Current Liabilities: Foreign currency exchange contracts $ — $ 1.8 $ — $ 1.8

Guarantees (Tables)

Guarantees (Tables)	9 Months Ended
	Sep. 30, 2019
Guarantees [Abstract]
Summary of Warranty Activity	Below is a table summarizing the warranty activity for the three and nine months ended September 30, 2019 and 2018: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Balance at beginning of period $ 40.3 $ 35.9 $ 38.5 $ 35.2 Accruals for warranties issued during the period 8.0 7.6 24.5 20.0 Settlements made (in cash or in kind) during the period (8.2 ) (7.8 ) (22.8 ) (19.1 ) Currency translation (0.6 ) (0.1 ) (0.7 ) (0.5 ) Balance at end of period $ 39.5 $ 35.6 $ 39.5 $ 35.6

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	9 Months Ended
	Sep. 30, 2019
Compensation And Retirement Disclosure [Abstract]
Schedule of components of period benefit costs	The components of periodic benefit costs for the three and nine months ended September 30, 2019 and September 30, 2018 are summarized as follows: Three Months Ended September 30, 2019 Three Months Ended September 30, 2018 Postretirement Postretirement U.S. Non-U.S. Health and U.S. Non-U.S. Health and Pension Pension Other Pension Pension Other Plans Plans Plans Plans Plans Plans Service cost - benefits earned during the period $ — $ 0.5 $ 0.1 $ — $ 0.5 $ 0.1 Interest cost of projected benefit obligations 1.3 0.5 0.1 1.3 0.5 0.2 Expected return on plan assets (1.1 ) (0.3 ) — (1.5 ) (0.4 ) — Amortization of prior service cost — — (0.7 ) — — (0.7 ) Amortization of actuarial net loss 0.8 0.3 — 0.8 0.4 0.2 Pension settlement charge — — — 4.5 — — Net periodic benefit costs $ 1.0 $ 1.0 $ (0.5 ) $ 5.1 $ 1.0 $ (0.2 ) Nine Months Ended September 30, 2019 Nine Months Ended September 30, 2018 Postretirement Postretirement U.S. Non-U.S. Health and U.S. Non-U.S. Health and Pension Pension Other Pension Pension Other Plans Plans Plans Plans Plans Plans Service cost - benefits earned during the period $ — $ 1.5 $ 0.3 $ — $ 1.5 $ 0.3 Interest cost of projected benefit obligations 3.9 1.5 0.5 3.9 1.5 0.6 Expected return on plan assets (3.3 ) (0.9 ) — (4.5 ) (1.2 ) — Amortization of prior service cost — — (2.1 ) — — (2.1 ) Amortization of actuarial net loss 2.4 0.9 — 2.4 1.2 0.6 Pension settlement charge — — — 4.5 — — Net periodic benefit costs $ 3.0 $ 3.0 $ (1.3 ) $ 6.3 $ 3.0 $ (0.6 )

Restructuring (Tables)

Restructuring (Tables)	9 Months Ended
	Sep. 30, 2019
Restructuring And Related Activities [Abstract]
Rollforward of all restructuring accrual	The following is a rollforward of the Company's restructuring accrual for the three and nine months ended September 30, 2019 and 2018: Three Months Ended September 30, Nine Months Ended September 30, 2019 2018 2019 2018 Balance at beginning of period $ 3.1 $ 4.4 $ 3.1 $ 5.6 Restructuring expenses 1.1 1.0 8.3 11.0 Use of reserve (1.9 ) (2.0 ) (9.1 ) (12.7 ) Reserve reclassification — — — (0.3 ) Currency translation (0.1 ) — (0.1 ) (0.2 ) Balance at end of period $ 2.2 $ 3.4 $ 2.2 $ 3.4

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2019
Leases [Abstract]
Summary of Components of Lease Expense	The components of lease expense for the three and nine months ended September 30, 2019 are summarized as follows: Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Operating lease cost $ 3.3 $ 10.9 Variable lease cost* 0.3 1.1 Total lease cost $ 3.6 $ 12.0 *Includes short-term leases, which are immaterial.
Summary of Supplemental Balance Sheet Information Related to Leases	Supplemental balance sheet information related to leases as of September 30, 2019 are summarized as follows: Operating lease right-of-use assets $ 42.5 Other liabilities $ 10.1 Operating lease liabilities 32.5 Total operating lease liabilities $ 42.6
Summary of Maturities of Operating Lease Liabilities	Maturities of operating lease liabilities as of September 30, 2019 are summarized as follows: Year 2019 $ 3.1 2020 9.6 2021 7.3 2022 4.6 2023 16.0 Thereafter 63.0 Total lease payments 103.6 Less: imputed interest (61.0 ) Present value of lease liabilities $ 42.6

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2019
Foreign Currency Exchange Contracts
Derivative Instruments Gain Loss [Line Items]
Summary of Gain or Losses Recorded in Condensed Consolidated Statement of Operations for Foreign Currency Exchange Contracts	The following table provides the amount of gain or losses recorded in the Condensed Consolidated Statement of Operations for foreign currency exchange contracts for the three and nine months ended September 30, 2019 and 2018. Three Months Ended September 30, Nine Months Ended September 30, Recognized Location 2019 2018 2019 2018 Designated Cost of sales $ 0.9 $ 2.6 $ 2.4 $ 2.9 Non-Designated Other income (expense), net $ (0.3 ) $ 2.2 $ 1.9 $ 2.2

Accounting Policies and Basis_2

Accounting Policies and Basis of Presentation - Narrative (Details) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2019USD ($)	Sep. 30, 2019USD ($)segment	Sep. 30, 2018USD ($)
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Period of providing high-quality, customer-focused products and support services		116 years
Number of reportable segments | segment		3
Overstated cash flows provided by investing activities		$ 121.1	$ 392.1
Overstated cash flows used for operating activities		(197.9)	(420.5)
Restatement Adjustment
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Overstated cash flows provided by investing activities			(20.6)
Overstated cash flows used for operating activities			$ (20.6)
Pre-tax adjustment due to an over-accrual related to prior years	$ 2	2
Pre-tax adjustment due to an over-accrual related to prior years after income tax	$ 1.3	$ 1.3

Revenues - Schedule of Change I

Revenues - Schedule of Change In Customer Advances Balance (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenue From Contract With Customer [Abstract]
Balance at beginning of period	$ 10.6	$ 15.3	$ 9.6	$ 12.7
Cash received or due in advance of satisfying performance obligation	25.4	14.9	75.6	71.7
Revenue recognized	(26.1)	(18.1)	(75.5)	(71.7)
Currency translation	(0.2)	(0.3)		(0.9)
Balance at end of period	$ 9.7	$ 11.8	$ 9.7	$ 11.8

Inventories - Components of Inv

Inventories - Components of Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Inventory Disclosure [Abstract]
Raw materials	$ 176.2	$ 159.2
Work-in-process	141.2	112
Finished goods	262.1	238
Total inventories	579.5	509.2
Excess and obsolete inventory reserve	(57.6)	(56.1)
Inventories — net	$ 521.9	$ 453.1

Notes Receivable - Narrative (D

Notes Receivable - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Receivables [Abstract]
Notes receivable, current	$ 16.6	$ 19.4
Notes receivable, long term	$ 20.6	$ 17

Property, Plant and Equipment -

Property, Plant and Equipment - Components of property, plant and equipment (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Property, Plant and Equipment
Total cost	$ 703.3	$ 715.9
Less accumulated depreciation	(424.4)	(427)
Property, plant and equipment — net	278.9	288.9
Land
Property, Plant and Equipment
Total cost	23.5	24.1
Building and Improvements
Property, Plant and Equipment
Total cost	192.9	195.3
Machinery, Equipment and Tooling
Property, Plant and Equipment
Total cost	267	269.4
Furniture and Fixtures
Property, Plant and Equipment
Total cost	16.5	16.4
Computer Hardware and Software
Property, Plant and Equipment
Total cost	119	117.1
Rental Cranes
Property, Plant and Equipment
Total cost	77.4	84
Construction in Progress
Property, Plant and Equipment
Total cost	$ 7	$ 9.6

Property, Plant and Equipment_2

Property, Plant and Equipment - Narrative (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Dec. 31, 2018
Other Income (Expense) – Net
Property, Plant and Equipment
Gain on assets held for sale	$ 3.5	$ 3.5
Other Current Assets
Property, Plant and Equipment
Assets held for sale			$ 12.9

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended		10 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Oct. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and intangible asset impairment			$ 0		$ (82,200,000)
Amortization of intangible assets	$ 0	$ 0	$ 200,000	$ 200,000

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Changes in goodwill by reportable segment (Details) - USD ($)	9 Months Ended	10 Months Ended
	Sep. 30, 2019	Oct. 31, 2018
Goodwill
Balance at the beginning of the period	$ 232,800,000	$ 321,300,000
Foreign currency impact	(1,300,000)	(6,300,000)
Goodwill impairment	0	(82,200,000)
Balance at the end of the period	231,500,000
Americas
Goodwill
Balance at the beginning of the period	166,500,000	166,500,000
Balance at the end of the period	166,500,000
Europe and Africa ("EURAF")
Goodwill
Balance at the beginning of the period		85,900,000
Foreign currency impact		(3,700,000)
Goodwill impairment		(82,200,000)
Middle East and Asia Pacific ("MEAP")
Goodwill
Balance at the beginning of the period	66,300,000	68,900,000
Foreign currency impact	(1,300,000)	$ (2,600,000)
Balance at the end of the period	$ 65,000,000

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Gross carrying amount and accumulated amortization of the company's intangible assets other than goodwill (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Intangible asset balances by major asset class
Intangible assets, gross (excluding goodwill)	$ 161.5	$ 166
Finite-lived intangible assets, amortization amount	(46.9)	(47.9)
Intangible assets, book value	114.6	118.1
Customer Relationships
Intangible asset balances by major asset class
Finite-lived intangible assets, carrying amount	10.1	10.1
Finite-lived intangible assets, amortization amount	(8.4)	(8.4)
Finite-lived intangible assets, book value	1.7	1.7
Patents
Intangible asset balances by major asset class
Finite-lived intangible assets, carrying amount	29	29.8
Finite-lived intangible assets, amortization amount	(28.2)	(29)
Finite-lived intangible assets, book value	0.8	0.8
Distribution Network
Intangible asset balances by major asset class
Finite-lived intangible assets, carrying amount	18.3	18.9
Finite-lived intangible assets, book value	18.3	18.9
Trademarks and Tradenames
Intangible asset balances by major asset class
Indefinite-lived intangible assets, book value	$ 93.9	$ 96.7

Accounts Payable and Accrued _3

Accounts Payable and Accrued Expenses - Schedule of Accounts Payable and Accured Expenses (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Payables And Accruals [Abstract]
Trade accounts payable	$ 202.4	$ 249.2
Employee-related expenses	53.9	59.5
Accrued vacation	20.9	24.3
Miscellaneous accrued expenses	95.3	92.2
Total	$ 372.5	$ 425.2

Debt - Schedule of outstanding

Debt - Schedule of outstanding debt (Details) - USD ($)	Sep. 30, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Total debt	$ 313,400,000	$ 273,100,000
Deferred financing costs	(4,700,000)	(2,300,000)
Short-term borrowings and current portion of long-term debt	(4,300,000)	(6,400,000)
Long-term debt	309,100,000	266,700,000
ABL Revolving Credit Facility
Debt Instrument [Line Items]
Senior secured asset based revolving credit facility	0	0
Senior Notes Due 2021
Debt Instrument [Line Items]
Total debt		254,200,000
Deferred financing costs	(3,100,000)
Senior Notes Due 2026
Debt Instrument [Line Items]
Total debt	300,000,000
Other
Debt Instrument [Line Items]
Total debt	$ 18,100,000	$ 21,200,000

Debt - Narrative (Details)

Debt - Narrative (Details) - USD ($)	Mar. 25, 2019	Sep. 30, 2019	Sep. 30, 2019	Dec. 31, 2018	Mar. 03, 2016
Debt Instrument [Line Items]
Debt instrument charge from refinancing			$ 25,000,000
Unamortized debt issuance costs		$ 4,700,000	4,700,000	$ 2,300,000
Carrying amount		313,400,000	$ 313,400,000	273,100,000
Senior Notes Due 2026
Debt Instrument [Line Items]
Face amount of debt	$ 300,000,000
Debt instrument interest rate	9.00%
Debt instrument maturity date			Apr. 1, 2026
Interest on the notes			Interest on the 2026 Notes is payable in cash semi-annually in arrears on April 1 and October 1 of each year.
Carrying amount		$ 300,000,000	$ 300,000,000
ABL Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility	$ 275,000,000				$ 225,000,000
Weighted average interest rate (as a percent)		4.52%	4.52%
Line of credit outstanding		$ 0	$ 0	0
Highest daily borrowing		27,500,000
Average borrowing		9,500,000
Excess capacity		249,800,000	249,800,000
Line of credit borrowing capacity		253,800,000	$ 253,800,000
ABL Revolving Credit Facility | LIBOR
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.25%
ABL Revolving Credit Facility | Prime Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			0.25%
ABL Revolving Credit Facility | Line of Credit
Debt Instrument [Line Items]
Debt term (in years)	5 years
ABL Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility	$ 75,000,000
Line of credit outstanding		4,000,000	$ 4,000,000
ABL Revolving Credit Facility | Letter of Credit | German Borrowers
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility	$ 10,000,000
Senior Notes Due 2021
Debt Instrument [Line Items]
Debt instrument interest rate	12.75%
Maximum borrowing capacity under revolving credit facility	$ 260,000,000
Debt instrument call premium	16,600,000		16,600,000
Closing costs of debt	5,000,000
Accrued interest of debt	4,600,000
Debt instrument unamortized discount		5,300,000	5,300,000
Unamortized debt issuance costs		3,100,000	3,100,000
Carrying amount				254,200,000
AR Securitization Facility
Debt Instrument [Line Items]
Maximum borrowing capacity under revolving credit facility	$ 75,000,000
Other
Debt Instrument [Line Items]
Carrying amount		$ 18,100,000	$ 18,100,000	$ 21,200,000
Weighted average interest rate (as a percent)		5.17%	5.17%

Accounts Receivable Securitiz_2

Accounts Receivable Securitization and Other Factoring Arrangements - Narrative (Details) € in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2019USD ($)	Sep. 30, 2019EUR (€)	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2019EUR (€)	Sep. 30, 2018USD ($)	Dec. 31, 2018USD ($)
Accounts Receivable Securitization
Accounts receivable balance sold	$ 0	€ 26.5	$ 219,200,000	$ 149,000,000	€ 88.7	$ 603,500,000
Proceeds from collection of receivables	0	€ 26.5	$ 231,000,000	182,800,000	€ 88.7	573,900,000
Sales of trade receivables	0			$ 0			$ 75,000,000
Average collection cycle for accounts receivable (in days) (less than)				60 days	60 days
Fair value of deferred purchase price notes	0			$ 0			$ 71,500,000
Non-cash investing activities related to increase in deferred purchase price				0		$ 413,000,000
Maximum availability under these programs | €					€ 45
Maximum
Accounts Receivable Securitization
Capacity of securitization program	$ 75,000,000			$ 75,000,000

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Operating Loss Carryforwards [Line Items]
Provision (benefit) for income taxes	$ 3.1	$ (10.7)	$ 10.3	$ (8)
Discrete tax benefit		12.3		17.8
Unrecognized tax benefits	$ 11.9		$ 11.9		$ 12.8
Reserves due to Statute of Limitation Lapses
Operating Loss Carryforwards [Line Items]
Deferred tax assets, valuation allowance		5.2		5.2
U.K
Operating Loss Carryforwards [Line Items]
Deferred tax assets, valuation allowance		$ 12.3		$ 12.3

Income (Loss) Per Share Attri_3

Income (Loss) Per Share Attributable to Manitowoc Common Shareholders - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share [Abstract]
Basic weighted average common shares outstanding	35,348,597	35,564,946	35,527,971	35,488,271
Number of anti-dilutive shares excluded from the calculation of diluted net income per common share	1,528,910	448,595	1,544,379	389,567
Dividends	$ 0	$ 0	$ 0	$ 0

Income (Loss) Per Share Attri_4

Income (Loss) Per Share Attributable to Manitowoc Common Shareholders - Reconciliation of the average shares outstanding used to compute basic and diluted income per common share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Earnings Per Share [Abstract]
Basic weighted average common shares outstanding (in shares)	35,348,597	35,564,946	35,527,971	35,488,271
Effect of dilutive securities (in shares)	110,359	363,381	158,860	446,822
Diluted weighted average common shares outstanding (in shares)	35,458,956	35,928,327	35,686,831	35,935,093

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019	Dec. 31, 2018
Class Of Stock [Line Items]
Common stock, shares authorized (in shares)	75,000,000	75,000,000	75,000,000
Par value of common stock (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	3,500,000	3,500,000	3,500,000
Par value of preferred stock per share (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Preferred stock, shares issued (in shares)	0	0
Common Stock
Class Of Stock [Line Items]
Common stock repurchased	$ 0	$ 7,400,000
Maximum | Common Stock
Class Of Stock [Line Items]
Stock repurchase program, authorized amount	$ 30,000,000	$ 30,000,000

Stockholders' Equity - Reconcil

Stockholders' Equity - Reconciliation of accumulated other comprehensive income (loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Increase (Decrease) in Equity [Roll Forward]
Beginning balance			$ 601.3
Total other comprehensive loss, net of income tax	$ (14.8)	$ (1.6)	(14.4)	$ (18.9)
Ending balance	625.1		625.1
Gains and Losses on Cash Flow Hedges
Increase (Decrease) in Equity [Roll Forward]
Beginning balance	0.4	(3.2)	(0.3)	0.1
Other comprehensive income (loss) before reclassifications	(2.2)	(1.2)	(3)	(4.8)
Amounts reclassified from accumulated other comprehensive loss	0.9	2.5	2.4	2.8
Total other comprehensive loss, net of income tax	(1.3)	1.3	(0.6)	(2)
Ending balance	(0.9)	(1.9)	(0.9)	(1.9)
Pension & Postretirement
Increase (Decrease) in Equity [Roll Forward]
Beginning balance	(35.2)	(43.7)	(36.2)	(45.1)
Other comprehensive income (loss) before reclassifications		(0.2)	0.2	(0.2)
Amounts reclassified from accumulated other comprehensive loss	0.4	4.4	1.2	5.8
Total other comprehensive loss, net of income tax	0.4	4.2	1.4	5.6
Ending balance	(34.8)	(39.5)	(34.8)	(39.5)
Foreign Currency Translation
Increase (Decrease) in Equity [Roll Forward]
Beginning balance	(81.4)	(67.8)	(80.1)	(52.4)
Other comprehensive income (loss) before reclassifications	(13.9)	(7.1)	(15.2)	(22.5)
Total other comprehensive loss, net of income tax	(13.9)	(7.1)	(15.2)	(22.5)
Ending balance	(95.3)	(74.9)	(95.3)	(74.9)
Accumulated Other Comprehensive Loss
Increase (Decrease) in Equity [Roll Forward]
Beginning balance	(116.2)	(114.7)	(116.6)	(97.4)
Other comprehensive income (loss) before reclassifications	(16.1)	(8.5)	(18)	(27.5)
Amounts reclassified from accumulated other comprehensive loss	1.3	6.9	3.6	8.6
Total other comprehensive loss, net of income tax	(14.8)	(1.6)	(14.4)	(18.9)
Ending balance	$ (131)	$ (116.3)	$ (131)	$ (116.3)

Stockholders' Equity - Reconc_2

Stockholders' Equity - Reconciliation of Reclassifications from Accumulated Other Comprehensive Income (Loss), Net of Tax (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Cost of sales	$ (359.6)	$ (370.1)	$ (1,106.9)	$ (1,092.6)
Total before income taxes	21.2	0.8	47.6	3.4
Income tax benefit (provision)	(3.1)	10.7	(10.3)	8
Net income	18.1	11.5	37.3	11.2
Other income (expense) - net	(3.7)	(5.7)	8.8	(8.6)
Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Net income	(1.3)	(6.9)	(3.6)	(8.6)
Actuarial Losses | Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Other income (expense) - net	(1.1)	(1.4)	(3.3)	(4.2)
Amortization of Prior Service Cost | Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Other income (expense) - net	0.7	0.7	2.1	2.1
Pension Settlement Charge | Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Other income (expense) - net		(4.5)		(4.5)
Pension & Postretirement | Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Total before income taxes	(0.4)	(5.2)	(1.2)	(6.6)
Income tax benefit (provision)		0.8		0.8
Net income	(0.4)	(4.4)	(1.2)	(5.8)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Total before income taxes	(0.9)	(2.5)	(2.4)	(2.8)
Net income	(0.9)	(2.5)	(2.4)	(2.8)
Gains and Losses on Cash Flow Hedges | Reclassification out of Accumulated Other Comprehensive Income | Foreign Currency Exchange Contracts
Schedule of Reclassifications out of Accumulated Comprehensive Income (Loss) [Line Items]
Cost of sales	$ (0.9)	$ (2.5)	$ (2.4)	$ (2.8)

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Stock-Based Compensation
Share-based compensation, remaining shares available for issuance (in shares)	4,990,354		4,990,354
Stock-based compensation expense (in dollars)	$ 2.2	$ 1.9	$ 8.3	$ 6
Director
Stock-Based Compensation
Number of share options granted during the period (in shares)	0		50,673
Stock Options
Stock-Based Compensation
Number of share options granted during the period (in shares)	0		210,243
Restricted Stock Units (RSUs)
Stock-Based Compensation
Number of shares of other than options granted during the period (in shares)	0		178,371
Performance Shares
Stock-Based Compensation
Number of shares of other than options granted during the period (in shares)	0		228,037
Options Granted in 2019 | Stock Options
Stock-Based Compensation
Vesting period (in years)			3 years
Expiration period (in years)			10 years
2013 Omnibus Plan
Stock-Based Compensation
Share-based compensation, shares authorized (in shares)	7,477,395		7,477,395
Restricted Stock Units 2019 | Restricted Stock Units (RSUs)
Stock-Based Compensation
Vesting period (in years)			3 years
Performance Shares 2019 | Performance Shares
Stock-Based Compensation
Percentage of shares paid based on total shareholder return relative to peer group (as a percent)			50.00%
Percentage of shares paid based on adjusted EBITDA (as a percent)			50.00%
Performance period (in years)			3 years

Segments - Narrative (Details)

Segments - Narrative (Details)	9 Months Ended
	Sep. 30, 2019segment
Segment Reporting [Abstract]
Number of reportable segments	3

Segments - Schedule of Informat

Segments - Schedule of Information by Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Information [Line Items]
Net Sales	$ 448	$ 450.1	$ 1,370.7	$ 1,331.5
Operating (loss) income	32.5	16.9	90.6	42.7
Depreciation	8.9	9	26.3	27.2
Capital Expenditures	12.7	6.2	22.4	21.4
Segment Operating Income
Segment Reporting Information [Line Items]
Operating (loss) income	42.3	25.6	110.7	73.1
Segment Operating Income | Americas
Segment Reporting Information [Line Items]
Net Sales	251	224.1	721.7	614.3
Operating (loss) income	34.5	17.8	85.4	35.2
Depreciation	3.7	3.5	10.8	10.6
Capital Expenditures	5.3	2.4	11.3	7.3
Segment Operating Income | Europe and Africa ("EURAF")
Segment Reporting Information [Line Items]
Net Sales	139.2	152.9	476	498.3
Operating (loss) income	1.9	1.6	7	13.1
Depreciation	3.9	3.8	11.3	11.4
Capital Expenditures	6.2	2.1	8.6	9.1
Segment Operating Income | Middle East and Asia Pacific ("MEAP")
Segment Reporting Information [Line Items]
Net Sales	57.8	73.1	173	218.9
Operating (loss) income	5.9	6.2	18.3	24.8
Depreciation	0.5	0.9	1.9	2.9
Capital Expenditures	1.2	0.9	2.5	2.6
Corporate
Segment Reporting Information [Line Items]
Operating (loss) income	(9.8)	(8.3)	(20)	(26.5)
Depreciation	$ 0.8	0.8	$ 2.3	2.3
Capital Expenditures		$ 0.8		$ 2.4

Segments - Schedule of Reconcil

Segments - Schedule of Reconciliation of the Company's Segment Operating Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Total operating income (loss)	$ 32.5	$ 16.9	$ 90.6	$ 42.7
Unallocated restructuring expense	1.1	1	8.3	11
Segment Operating Income
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Total operating income (loss)	42.3	25.6	110.7	73.1
Corporate
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Total operating income (loss)	(9.8)	(8.3)	(20)	(26.5)
Reconciliation of Company's Segment Operating Income
Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated [Line Items]
Total operating income (loss)	$ 32.5	16.9	90.6	42.7
Unallocated restructuring expense		$ (0.4)	$ (0.1)	$ (3.9)

Segments - Schedule of Net Sale

Segments - Schedule of Net Sales by Geographic Area (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Revenues from External Customers [Line Items]
Net sales	$ 448	$ 450.1	$ 1,370.7	$ 1,331.5
United States
Revenues from External Customers [Line Items]
Net sales	226.6	208.5	644.3	556.3
Europe
Revenues from External Customers [Line Items]
Net sales	134.8	147.6	458	486.6
Other
Revenues from External Customers [Line Items]
Net sales	$ 86.6	$ 94	$ 268.4	$ 288.6

Segments - Schedule of Net Sa_2

Segments - Schedule of Net Sales By Product (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Product Information [Line Items]
Total net sales	$ 448	$ 450.1	$ 1,370.7	$ 1,331.5
Cranes
Product Information [Line Items]
Total net sales	365.4	362.3	1,116.9	1,079
Aftermarket Parts and Other
Product Information [Line Items]
Total net sales	$ 82.6	$ 87.8	$ 253.8	$ 252.5

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Financial assets and liabilities accounted for at fair value on a recurring basis by level within the fair value hierarchy (Details) - Estimate of Fair Value Measurement - Fair Value, Measurements, Recurring - Foreign Currency Exchange Contracts - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative liabilities, current	$ 2.4	$ 1.8
Derivatives assets, current		0.1
Level 2
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Derivative liabilities, current	$ 2.4	1.8
Derivatives assets, current		$ 0.1

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Narrative (Details) $ in Millions	Sep. 30, 2019USD ($)
Senior Notes Due 2026
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt instruments at fair value	$ 295.7

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Commitments And Contingencies [Line Items]
Gain on settlement	$ 24.4
Other Income (Expense) - Net
Commitments And Contingencies [Line Items]
Gain on settlement	15.5
Engineering, Selling and Administrative Expenses
Commitments And Contingencies [Line Items]
Gain on settlement	8.9
Other Liabilities
Commitments And Contingencies [Line Items]
Product liability reserves	$ 13.8	$ 16.3

Guarantees - Narrative (Details

Guarantees - Narrative (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Guarantees [Abstract]
Deferred revenue included in other current and non-current liabilities	$ 37.7	$ 34.4
Amount of residual value buyback commitments and other guarantees given by the company	27.9	30.9
Warranty claims reserves	$ 39.5	$ 38.5
Standard product warranties, low end of range (in months)	12 months
Standard product warranties, high end of range (in months)	60 months

Guarantees - Summary of Warrant

Guarantees - Summary of Warranty Activity (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Warranty activity
Balance at beginning of period	$ 40.3	$ 35.9	$ 38.5	$ 35.2
Accruals for warranties issued during the period	8	7.6	24.5	20
Settlements made (in cash or in kind) during the period	(8.2)	(7.8)	(22.8)	(19.1)
Currency translation	(0.6)	(0.1)	(0.7)	(0.5)
Balance at end of period	$ 39.5	$ 35.6	$ 39.5	$ 35.6

Employee Benefit Plans - Narrat

Employee Benefit Plans - Narrative (Details) $ in Millions	Sep. 20, 2018USD ($)Employee	Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)	Sep. 30, 2019USD ($)	Sep. 30, 2018USD ($)
Components of periodic benefit costs
Other income (expense) - net		$ (3.7)	$ (5.7)	$ 8.8	$ (8.6)
U.S. Pension Plans
Components of periodic benefit costs
Defined benefit plan obligation transfer	$ 18.6
Number of retirees and beneficiaries | Employee	622
Pension Settlement Charge | Reclassification out of Accumulated Other Comprehensive Income
Components of periodic benefit costs
Other income (expense) - net			(4.5)		(4.5)
Pension Settlement Charge | Reclassification out of Accumulated Other Comprehensive Income | U.S. Pension Plans
Components of periodic benefit costs
Other income (expense) - net			$ 4.5		$ 4.5

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Pension Plans | U.S. Pension Plans
Components of periodic benefit costs
Service cost - benefits earned during the period	$ 0	$ 0	$ 0	$ 0
Interest cost of projected benefit obligations	1.3	1.3	3.9	3.9
Expected return on plan assets	(1.1)	(1.5)	(3.3)	(4.5)
Amortization of prior service cost	0	0	0	0
Amortization of actuarial net loss	0.8	0.8	2.4	2.4
Pension settlement charge	0	4.5	0	4.5
Net periodic benefit costs	1	5.1	3	6.3
Pension Plans | Non-U.S. Pension Plans
Components of periodic benefit costs
Service cost - benefits earned during the period	0.5	0.5	1.5	1.5
Interest cost of projected benefit obligations	0.5	0.5	1.5	1.5
Expected return on plan assets	(0.3)	(0.4)	(0.9)	(1.2)
Amortization of prior service cost	0	0	0	0
Amortization of actuarial net loss	0.3	0.4	0.9	1.2
Pension settlement charge	0	0	0	0
Net periodic benefit costs	1	1	3	3
Postretirement Health and Other Plans
Components of periodic benefit costs
Service cost - benefits earned during the period	0.1	0.1	0.3	0.3
Interest cost of projected benefit obligations	0.1	0.2	0.5	0.6
Expected return on plan assets	0	0	0	0
Amortization of prior service cost	(0.7)	(0.7)	(2.1)	(2.1)
Amortization of actuarial net loss	0	0.2	0	0.6
Pension settlement charge	0	0	0	0
Net periodic benefit costs	$ (0.5)	$ (0.2)	$ (1.3)	$ (0.6)

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 1.1	$ 1	$ 8.3	$ 11
Tansfer of Crawler Crane production to Shady Grove, PA
Restructuring Cost and Reserve [Line Items]
Restructuring expense		$ 1		$ 11
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 1.1		$ 8.3

Restructuring - Rollforward of

Restructuring - Rollforward of all restructuring accrual (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Rollforward of all restructuring accrual
Balance at beginning of period	$ 3.1	$ 4.4	$ 3.1	$ 5.6
Restructuring expense	1.1	1	8.3	11
Use of reserve	(1.9)	(2)	(9.1)	(12.7)
Reserve reclassification				(0.3)
Currency translation	(0.1)		(0.1)	(0.2)
Balance at end of period	$ 2.2	$ 3.4	$ 2.2	$ 3.4

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	9 Months Ended
	Sep. 30, 2019USD ($)
Leases [Line Items]
Lease, practical expedients, package	true
Operating leases, existence of option to extend	true
Operating leases, existence of option to terminate	true
Operating leases, termination term	1 year
Cash payment for operating leases	$ 20.5
Operating leases, weighted-average remaining lease term	6 years 10 months 24 days
Operating leases, weighted-average discount rate	5.05%
Maximum
Leases [Line Items]
Operating leases, remaining lease term	24 years
Operating leases, renewal lease term	10 years

Leases - Summary of Components

Leases - Summary of Components of Lease Expense (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2019
Leases [Abstract]
Operating lease cost	$ 3.3	$ 10.9
Variable lease cost	0.3	1.1
Total lease cost	$ 3.6	$ 12

Leases - Summary of Supplementa

Leases - Summary of Supplemental Balance Sheet Information Related to Leases (Details) $ in Millions	Sep. 30, 2019USD ($)
Leases [Abstract]
Operating lease right-of-use assets	$ 42.5
Other liabilities	$ 10.1
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesCurrent
Operating lease liabilities	$ 32.5
Total operating lease liabilities	$ 42.6

Leases - Summary of Maturities

Leases - Summary of Maturities of Operating Lease Liabilities (Details) $ in Millions	Sep. 30, 2019USD ($)
Leases [Abstract]
2019	$ 3.1
2020	9.6
2021	7.3
2022	4.6
2023	16
Thereafter	63
Total lease payments	103.6
Less: imputed interest	(61)
Present value of lease liabilities	$ 42.6

Derivative Financial Instrume_3

Derivative Financial Instruments - Narrative (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2019	Dec. 31, 2018
Derivatives Fair Value [Line Items]
Unrealized (losses) net of tax	$ (1.1)	$ (0.4)
FX Forward Contracts
Derivatives Fair Value [Line Items]
Derivative, notional amount	$ 78.3	76.8
Derivative remaining maturity period	1 year
Derivative net current liability	$ 2.4	$ 1.7

Derivative Financial Instrume_4

Derivative Financial Instruments - Summary of Gain or Losses Recorded in Condensed Consolidated Statement of Operations for Foreign Currency Exchange Contracts (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018
Designated | Cost of Sales
Derivative Instruments Gain Loss [Line Items]
Gain (loss) on foreign currency exchange contracts	$ 0.9	$ 2.6	$ 2.4	$ 2.9
Non-Designated | Other Income (Expense), Net
Derivative Instruments Gain Loss [Line Items]
Gain (loss) on foreign currency exchange contracts	$ (0.3)	$ 2.2	$ 1.9	$ 2.2