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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Mar. 31, 2016
CURRENT ASSETS:      
Cash and equivalents $ 1.1 $ 0.3 $ 2.8
Trade accounts receivable, net 88.4 59.3 74.9
Net inventories 88.2 81.0 74.5
Other current assets 7.2 9.5 7.4
Total current assets 184.9 150.1 159.6
PROPERTY, PLANT AND EQUIPMENT:      
Land 5.0 5.0 4.3
Buildings and improvements 29.8 29.7 26.5
Machinery and equipment 45.4 43.5 37.9
Gross property, plant and equipment 80.2 78.2 68.7
Less accumulated depreciation 54.1 53.3 51.3
Property, plant and equipment, net 26.1 24.9 17.4
OTHER ASSETS:      
Goodwill 9.5 9.5 6.3
Other 7.1 7.5 1.6
Deferred income taxes 13.4 10.3 23.7
Total other assets 30.0 27.3 31.6
TOTAL ASSETS 241.0 202.3 208.6
CURRENT LIABILITIES:      
Current maturities of long-term debt 1.0 1.0 1.0
Trade accounts payable 68.2 47.2 60.9
Deferred income taxes     5.6
Accrued compensation 3.2 6.8 4.4
Other accrued liabilities 12.1 15.1 10.3
Total current liabilities 84.5 70.1 82.2
NON-CURRENT LIABILITIES:      
Long-term debt, less current maturities 78.5 54.5 64.3
Other non-current liabilities 6.8 7.2 7.8
Total non-current liabilities 85.3 61.7 72.1
SHAREHOLDERS' EQUITY:      
Preferred shares: $.01 par (5,000,000 shares authorized)
Common shares: $.01 par (50,000,000 shares authorized: 25,880,851; 25,638,862; and 25,143,005 shares issued at March 31, 2017, December 31, 2016 and March 31, 2016, respectively) 0.3 0.3 0.3
Additional paid-in capital 42.6 42.8 41.5
Retained earnings 28.3 27.4 12.5
Total shareholders' equity 71.2 70.5 54.3
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 241.0 $ 202.3 $ 208.6