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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Sep. 30, 2014
CURRENT ASSETS:      
Cash and equivalents $ 2.8 $ 0.5 $ 0.9
Trade accounts receivable, net 74.1 48.9 71.1
Inventories 71.0 67.4 70.6
Other current assets 6.2 7.8 7.0
Total current assets 154.1 124.6 149.6
PROPERTY, PLANT AND EQUIPMENT:      
Land 4.3 4.3 4.3
Buildings and improvements 26.4 25.4 25.2
Machinery and equipment 37.2 36.0 35.5
Gross property, plant and equipment 67.9 65.7 65.0
Less accumulated depreciation 50.2 48.8 48.2
Property, plant and equipment, net 17.7 16.9 16.8
OTHER ASSETS:      
Goodwill 6.3 6.3 6.3
Other 1.8 2.2 2.3
Deferred income taxes 24.5 8.0 7.5
Total other assets 32.6 16.5 16.1
TOTAL ASSETS 204.4 158.0 182.5
CURRENT LIABILITIES:      
Current maturities of long-term debt 0.7 1.3 0.6
Trade accounts payable 52.0 39.4 51.1
Deferred income taxes 5.2 8.0 7.5
Accrued compensation 6.0 4.0 4.3
Other accrued liabilities 13.0 13.4 13.4
Total current liabilities 76.9 66.1 76.9
NON-CURRENT LIABILITIES:      
Long-term debt, less current maturities 67.2 62.4 75.7
Other non-current liabilities 8.2 3.8 4.0
Total non-current liabilities $ 75.4 $ 66.2 $ 79.7
SHAREHOLDERS' EQUITY:      
Preferred shares: $.01 par (5,000,000 shares authorized)
Common shares: $.01 par (50,000,000 shares authorized: 24,879,750; 24,556,536; and 24,569,920 shares issued at September 30, 2015, December 31, 2014 and September 30, 2014, respectively) $ 0.2 $ 0.2 $ 0.2
Additional paid-in capital 41.2 40.4 40.1
Retained earnings (accumulated deficit) 10.7 (14.9) (14.4)
Total shareholders' equity 52.1 25.7 25.9
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 204.4 $ 158.0 $ 182.5