XML 13 R3.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Sep. 30, 2015
CURRENT ASSETS:      
Cash and equivalents $ 1.1 $ 0.3 $ 2.8
Trade accounts receivable, net 78.7 56.3 74.1
Net inventories 84.4 64.3 71.0
Other current assets 7.2 7.3 6.2
Total current assets 171.4 128.2 154.1
PROPERTY, PLANT AND EQUIPMENT:      
Land 5.0 4.3 4.3
Buildings and improvements 29.5 26.5 26.4
Machinery and equipment 41.5 37.3 37.2
Gross property, plant and equipment 76.0 68.1 67.9
Less accumulated depreciation 52.6 50.9 50.2
Property, plant and equipment, net 23.4 17.2 17.7
OTHER ASSETS:      
Goodwill 9.5 6.3 6.3
Other 7.8 1.7 1.8
Deferred income taxes 14.8 24.0 24.5
Total other assets 32.1 32.0 32.6
TOTAL ASSETS 226.9 177.4 204.4
CURRENT LIABILITIES:      
Current maturities of long-term debt 0.8 1.2 0.7
Trade accounts payable 57.2 43.6 52.0
Deferred income taxes 5.0 4.9 5.2
Accrued compensation 5.2 5.5 6.0
Other accrued liabilities 13.0 13.8 13.0
Total current liabilities 81.2 69.0 76.9
NON-CURRENT LIABILITIES:      
Long-term debt, less current maturities 68.1 47.4 67.2
Other non-current liabilities 7.3 8.1 8.2
Total non-current liabilities 75.4 55.5 75.4
SHAREHOLDERS' EQUITY:      
Preferred shares: $.01 par (5,000,000 shares authorized)
Common shares: $.01 par (50,000,000 shares authorized: 25,466,252; 24,977,208; and 24,879,750 shares issued at September 30, 2016, December 31, 2015 and September 30, 2015, respectively) 0.3 0.2 0.2
Additional paid-in capital 42.4 41.6 41.2
Retained earnings 27.6 11.1 10.7
Total shareholders' equity 70.3 52.9 52.1
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 226.9 $ 177.4 $ 204.4