CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions |
Mar. 31, 2016 |
Dec. 31, 2015 |
| Current assets: |
|
|
| Cash and cash equivalents |
$ 85.2
|
$ 58.4
|
| Receivables, less allowance for doubtful accounts of $1.6 in 2016 and $1.3 in 2015 |
134.8
|
147.8
|
| Inventories |
211.1
|
275.3
|
| Other |
28.7
|
30.8
|
| Total current assets |
459.8
|
512.3
|
| Property, plant and equipment, net |
865.1
|
800.7
|
| Intangible assets, net |
88.3
|
85.3
|
| Goodwill |
61.8
|
58.1
|
| Investment in equity investee |
121.4
|
116.4
|
| Other |
55.5
|
52.0
|
| Total assets |
1,651.9
|
1,624.8
|
| Current liabilities: |
|
|
| Current portion of long-term debt |
4.9
|
4.9
|
| Accounts payable |
48.7
|
80.7
|
| Accrued expenses |
54.2
|
48.9
|
| Accrued salaries and wages |
14.6
|
15.2
|
| Income taxes payable |
10.5
|
14.8
|
| Accrued interest |
3.2
|
6.3
|
| Total current liabilities |
136.1
|
170.8
|
| Long-term debt, net of current portion |
712.5
|
718.0
|
| Deferred income taxes, net |
73.7
|
71.3
|
| Other noncurrent liabilities |
$ 27.4
|
$ 25.0
|
| Commitments and contingencies (Note 8) |
|
|
| 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 |
93.2
|
91.7
|
| Treasury stock, at cost — 1,584,884 shares at March 31, 2016, and 1,665,731 shares at December 31, 2015 |
(3.0)
|
(3.2)
|
| Retained earnings |
685.2
|
659.1
|
| Accumulated other comprehensive loss |
(73.6)
|
(108.3)
|
| Total stockholders’ equity |
702.2
|
639.7
|
| Total liabilities and stockholders’ equity |
$ 1,651.9
|
$ 1,624.8
|