|
Consolidated Balance Sheets (Unaudited) (USD $) In Millions, unless otherwise specified
|
Sep. 30, 2012
|
Dec. 31, 2011
|
| Current assets: |
|
|
| Cash and cash equivalents |
$ 116.4 |
$ 130.3 |
| Receivables, less allowance for doubtful accounts of $2.2 in 2012 and $2.4 in 2011 |
110.0 |
158.8 |
| Inventories |
227.3 |
207.2 |
| Deferred income taxes, net |
7.0 |
7.2 |
| Other |
10.2 |
12.3 |
| Total current assets |
470.9 |
515.8 |
| Property, plant and equipment, net |
640.3 |
573.4 |
| Intangible assets, net |
60.2 |
57.5 |
| Other |
66.6 |
58.8 |
| Total assets |
1,238.0 |
1,205.5 |
| Current liabilities: |
|
|
| Current portion of long-term debt |
3.9 |
156.0 |
| Accounts payable |
62.8 |
86.8 |
| Accrued expenses |
76.4 |
59.2 |
| Accrued salaries and wages |
14.9 |
17.3 |
| Income taxes payable |
0.8 |
6.6 |
| Accrued interest |
3.0 |
0.9 |
| Total current liabilities |
161.8 |
326.8 |
| Long-term debt, net of current portion |
479.3 |
326.7 |
| Deferred income taxes, net |
72.4 |
70.7 |
| Other noncurrent liabilities |
34.9 |
34.7 |
| Commitments and contingencies (Note 9) |
|
|
| Stockholders' equity: |
|
|
| Common stock: $0.01 par value, 200,000,000 authorized shares; 35,367,264 issued shares |
0.4 |
0.4 |
| Additional paid-in capital |
45.1 |
37.4 |
| Treasury stock, at cost - 2,256,625 shares at September 30, 2012 and 2,344,060 shares at December 31, 2011 |
(4.3) |
(4.5) |
| Retained earnings |
381.6 |
372.5 |
| Accumulated other comprehensive income |
66.8 |
40.8 |
| Total stockholders' equity |
489.6 |
446.6 |
| Total liabilities and stockholders' equity |
$ 1,238.0 |
$ 1,205.5 |