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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Jun. 30, 2010
CURRENT ASSETS:      
Cash and equivalents $ 3.0 $ 0.8 $ 1.9
Trade accounts receivable, net 56.4 37.1 57.6
Inventories 60.0 46.2 61.5
Other current assets 4.3 4.3 4.8
Total current assets 123.7 88.4 125.8
PROPERTY, PLANT AND EQUIPMENT      
Land 4.9 4.9 5.4
Building and improvements 25.4 24.4 24.7
Machinery and equipment 29.5 29.1 29.0
Gross property, plant and equipment 59.8 58.4 59.1
Less accumulated depreciation 41.7 40.5 39.4
Property, plant and equipment, net 18.1 17.9 19.7
OTHER ASSETS:      
Goodwill 8.6 8.6 8.6
Other 2.7 3.0 2.0
Deferred income taxes 8.0 8.2 8.0
Total other assets 19.3 19.8 18.6
TOTAL ASSETS 161.1 126.1 164.1
CURRENT LIABILITIES:      
Current maturities of long-term debt 0.1 0.2 0.1
Trade accounts payable 44.3 26.1 43.5
Deferred income taxes 8.0 8.2 8.0
Accrued compensation 3.3 2.3 4.1
Other accrued liabilities 12.5 13.2 11.4
Total current liabilities 68.2 50.0 67.1
NON-CURRENT LIABILITIES:      
Long-term debt, less current maturities 66.9 41.9 52.5
Other non-current liabilities 1.7 1.6 1.5
Total non-current liabilities 68.6 43.5 54.0
SHAREHOLDERS' EQUITY      
Preferred shares; $.01 par (5,000,000 shares authorized) 0 0 0
Common shares; $.01 par (50,000,000 shares authorized: 23,648,177; 22,847,760; and 22,952,343 shares issued at June 30, 2011, December 31, 2010 and June 30, 2010, respectively) 0.2 0.2 0.2
Additional paid-in capital 39.3 39.0 38.6
Retained (deficit) earnings (15.2) (6.6) 4.2
Total shareholders' equity 24.3 32.6 43.0
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 161.1 $ 126.1 $ 164.1