|
CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $) In Millions, unless otherwise specified
|
Sep. 30, 2014
|
Dec. 31, 2013
|
| Current assets: |
|
|
|
|
| Cash and cash equivalents |
$ 220.0 |
|
$ 159.6 |
|
| Receivables, less allowance for doubtful accounts of $1.3 in 2014 and $1.6 in 2013 |
145.3 |
|
211.9 |
|
| Inventories |
217.8 |
|
180.7 |
|
| Deferred income taxes, net |
8.2 |
|
7.9 |
|
| Other |
19.6 |
|
17.3 |
|
| Total current assets |
610.9 |
|
577.4 |
|
| Property, plant and equipment, net |
691.3 |
|
677.3 |
|
| Intangible assets, net |
110.0 |
|
72.5 |
|
| Goodwill |
71.0 |
|
20.5 |
|
| Other |
63.3 |
|
57.1 |
|
| Total assets |
1,546.5 |
|
1,404.8 |
|
| Current liabilities: |
|
|
|
|
| Current portion of long-term debt |
3.9 |
|
3.9 |
|
| Accounts payable |
75.9 |
|
109.4 |
|
| Accrued expenses |
54.4 |
|
54.3 |
|
| Deferred revenue |
0 |
|
56.5 |
|
| Accrued salaries and wages |
20.0 |
|
21.6 |
|
| Income taxes payable |
12.3 |
|
11.0 |
|
| Accrued interest |
3.7 |
|
0.9 |
|
| Total current liabilities |
170.2 |
|
257.6 |
|
| Long-term debt, net of current portion |
623.5 |
|
474.7 |
|
| Deferred income taxes, net |
100.6 |
|
78.4 |
|
| Other noncurrent liabilities |
36.2 |
|
39.9 |
|
| Commitments and contingencies (Note 10) |
|
|
|
|
| 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 |
79.8 |
|
70.4 |
|
| Treasury stock, at cost - 1,779,073 shares at September 30, 2014 and 1,890,367 shares at December 31, 2013 |
(3.4) |
|
(3.6) |
|
| Retained earnings |
529.2 |
|
452.5 |
|
| Accumulated other comprehensive income |
10.0 |
[1] |
34.5 |
[1] |
| Total stockholders' equity |
616.0 |
|
554.2 |
|
| Total liabilities and stockholders' equity |
$ 1,546.5 |
|
$ 1,404.8 |
|
|
|
|