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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Mar. 31, 2015
CURRENT ASSETS:      
Cash and equivalents $ 2.8 $ 0.3 $ 0.7
Trade accounts receivable, net 74.9 56.3 67.7
Net Inventories 74.5 64.3 81.7
Other current assets 7.4 7.3 6.7
Total current assets 159.6 128.2 156.8
PROPERTY, PLANT AND EQUIPMENT:      
Land 4.3 4.3 4.3
Buildings and improvements 26.5 26.5 25.5
Machinery and equipment 37.9 37.3 36.0
Gross property, plant and equipment 68.7 68.1 65.8
Less accumulated depreciation 51.3 50.9 49.4
Property, plant and equipment, net 17.4 17.2 16.4
OTHER ASSETS:      
Goodwill 6.3 6.3 6.3
Other 1.6 1.7 2.0
Deferred income taxes 23.7 24.0 8.0
Total other assets 31.6 32.0 16.3
TOTAL ASSETS 208.6 177.4 189.5
CURRENT LIABILITIES:      
Current maturities of long-term debt 1.0 1.2 1.1
Trade accounts payable 60.9 43.6 60.3
Deferred income taxes 5.6 4.9 8.0
Accrued compensation 4.4 5.5 3.7
Other accrued liabilities 10.3 13.8 10.2
Total current liabilities 82.2 69.0 83.3
NON-CURRENT LIABILITIES:      
Long-term debt, less current maturities 64.3 47.4 76.9
Other non-current liabilities 7.8 8.1 3.7
Total non-current liabilities $ 72.1 $ 55.5 $ 80.6
SHAREHOLDERS' EQUITY:      
Preferred shares: $.01 par (5,000,000 shares authorized)
Common shares: $.01 par (50,000,000 shares authorized: 25,143,005; 24,977,208; and 24,868,951 shares issued at March 31, 2016, December 31, 2015 and March 31, 2015, respectively) $ 0.3 $ 0.2 $ 0.2
Additional paid-in capital 41.5 41.6 40.3
Retained earnings (accumulated deficit) 12.5 11.1 (14.9)
Total shareholders' equity 54.3 52.9 25.6
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 208.6 $ 177.4 $ 189.5