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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Jun. 30, 2017
CURRENT ASSETS:      
Cash and equivalents $ 1.6 $ 0.3 $ 1.0
Trade accounts receivable, net 118.5 66.8 101.1
Inventories, net 147.4 111.9 96.9
Other current assets 12.1 11.4 9.1
Total current assets 279.6 190.4 208.1
PROPERTY, PLANT AND EQUIPMENT:      
Land 5.0 5.0 5.0
Buildings and improvements 31.8 31.1 30.0
Machinery and equipment 53.3 49.8 48.0
Gross property, plant and equipment 90.1 85.9 83.0
Less accumulated depreciation 58.0 56.4 54.8
Property, plant and equipment, net 32.1 29.5 28.2
OTHER ASSETS:      
Goodwill 9.5 9.5 9.5
Deferred income taxes 10.6 9.7 12.2
Other 6.4 6.8 6.9
Total other assets 26.5 26.0 28.6
TOTAL ASSETS 338.2 245.9 264.9
CURRENT LIABILITIES:      
Current maturities of long-term debt 1.3 1.2 1.1
Trade accounts payable 68.4 51.0 63.6
Accrued compensation 4.7 6.3 4.6
Other accrued liabilities 16.4 16.6 12.9
Total current liabilities 90.8 75.1 82.2
NON-CURRENT LIABILITIES:      
Long-term debt, less current maturities 178.2 101.8 103.3
Other non-current liabilities 2.2 2.5 5.5
Total non-current liabilities 180.4 104.3 108.8
SHAREHOLDERS' EQUITY:      
Preferred shares: $.01 par (5,000,000 shares authorized)
Common shares: $.01 par (75,000,000 shares authorized: 26,066,782 25,843,166; and 25,872,480 shares issued at June 30, 2018, December 31, 2017 and June 30, 2017, respectively) 0.3 0.3 0.3
Additional paid-in capital 44.9 44.1 43.1
Retained earnings 21.8 22.1 30.5
Total shareholders' equity 67.0 66.5 73.9
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 338.2 $ 245.9 $ 264.9