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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Sep. 30, 2017
CURRENT ASSETS:      
Cash and equivalents $ 1.5 $ 0.3 $ 1.2
Trade accounts receivable, net 96.3 66.8 87.5
Inventories, net 153.7 111.9 108.1
Other current assets 13.1 11.4 12.1
Total current assets 264.6 190.4 208.9
PROPERTY, PLANT AND EQUIPMENT:      
Land 5.0 5.0 5.0
Buildings and improvements 32.4 31.1 30.8
Machinery and equipment 54.6 49.8 49.5
Gross property, plant and equipment 92.0 85.9 85.3
Less accumulated depreciation 59.1 56.4 55.5
Property, plant and equipment, net 32.9 29.5 29.8
OTHER ASSETS:      
Goodwill 9.5 9.5 9.5
Deferred income taxes 10.1 9.7 11.3
Other 6.1 6.8 7.0
Total other assets 25.7 26.0 27.8
TOTAL ASSETS 323.2 245.9 266.5
CURRENT LIABILITIES:      
Current maturities of long-term debt 1.5 1.2 1.2
Trade accounts payable 64.7 51.0 66.7
Accrued compensation 3.2 6.3 3.5
Other accrued liabilities 16.1 16.6 13.7
Total current liabilities 85.5 75.1 85.1
NON-CURRENT LIABILITIES:      
Long-term debt, less current maturities 166.8 101.8 102.3
Other non-current liabilities 2.2 2.5 3.4
Total non-current liabilities 169.0 104.3 105.7
SHAREHOLDERS' EQUITY:      
Preferred shares: $.01 par (5,000,000 shares authorized)
Common shares: $.01 par (75,000,000 shares authorized: 26,040,012; 25,843,166; and 25,879,812 shares issued at September 30, 2018, December 31, 2017 and September 30, 2017, respectively) 0.3 0.3 0.3
Additional paid-in capital 45.4 44.1 43.5
Retained earnings 23.0 22.1 31.9
Total shareholders' equity 68.7 66.5 75.7
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 323.2 $ 245.9 $ 266.5