Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v3.7.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash $ 39.3 $ 30.6
Accounts and notes receivable, net 94.2 76.0
Inventories, net 280.5 272.1
Income tax receivable 4.5 2.4
Prepaid expenses and other current assets 25.0 23.8
Total current assets 443.5 404.9
Property, plant, and equipment, less accumulated depreciation and amortization of $359.6 and $336.8, respectively 442.3 445.2
Prepaid pension costs 1.0 0.2
Intangible assets, net 76.1 42.6
Deferred income taxes 4.6 4.5
Other noncurrent assets 6.3 7.0
Total assets 973.8 904.4
Current liabilities:    
Accounts payable and accrued expenses 168.6 163.0
Income tax payable 0.7 0.4
Total current liabilities 169.3 163.4
Long-term debt 91.1 21.2
Postretirement benefit liabilities 73.2 75.5
Pension benefit liabilities 1.5 1.6
Other long-term liabilities 8.5 9.1
Noncurrent income taxes payable 1.8 1.7
Deferred income taxes 16.4 8.4
Total liabilities 361.8 280.9
Stockholders’ equity:    
Common stock with par value $.0001 per share: 100,000,000 shares authorized; 28,158,656 issued and 27,381,646 outstanding shares as of June 30, 2017 and 27,895,671 issued and outstanding shares as of December 31, 2016 0.0 0.0
Preferred stock with par value $.0001 per share: 15,000,000 shares authorized; none issued 0.0 0.0
Treasury stock, at cost, 777,010 shares as of June 30, 2017 (14.3) 0.0
Additional paid-in capital 673.6 673.3
Retained earnings 7.6 10.0
Accumulated other comprehensive (loss) (54.9) (59.8)
Total stockholders’ equity 612.0 623.5
Total liabilities and stockholders’ equity $ 973.8 $ 904.4