Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

The provision for income taxes, relating to continuing operations, is composed of the following as of December 31, 2018, 2017 and 2016 (in millions):

	2018			2017			2016
Current:
U.S. Federal expense (benefit)	$	(0.3	)	$	(0.1	)	$	0.1
State and local tax		0.1			0.4			0.3
Total current		(0.2	)		0.3			0.4
Deferred:
U.S. Federal tax		(1.6	)		3.7			6.9
State and local tax		0.4			(0.8	)		(0.1	)
Total deferred		(1.2	)		2.9			6.8

Total income tax expense (benefit)	$	(1.4	)	$	3.2		$	7.2

Details of Reconciliation of Income Taxes

A reconciliation of income taxes based on the application of the statutory federal income tax rate to income taxes as set forth in the consolidated statements of operations is as follows for the years ended December 31, 2018, 2017 and 2016:

	2018			2017			2016
Federal statutory rate		21.0	%		35.0	%		35.0	%
Increase (decrease) in taxes resulting from:
State and local taxes		(7.8	)		17.3			2.0
Nondeductible items		(2.9	)		(17.6	)		0.8
Tax Cuts and Jobs Act of 2017		—			(147.7	)		—
Prior year true-up items		6.9			6.8			—
Refundable Tax Credits		1.5			3.6			—
Other, net		(0.1	)		0.1			(0.1	)
Change in valuation allowance		—			(0.1	)		(2.4	)
Effective income tax rate		18.6	%		(102.6	)%		35.3	%

Deferred Income Taxes

Deferred income taxes at December 31, 2018 and 2017 are comprised of the following (in millions):

	2018					2017
	Assets			Liabilities		Assets			Liabilities
Income tax loss carryforwards	$	17.8		$	—	$	17.7		$	—
Other accrued liabilities		1.2			—		1.3			—
Employee benefits related		1.2			—		0.9			—
Property, plant and equipment		—			0.1		—			0.1
Insurance related		0.8			—		1.0			—
Goodwill		0.2			—		0.3			—
Inventories		1.5			—		1.1			—
Accounts receivables		0.5			—		0.2			—
LIFO		—			6.0		—			5.8
Other		1.6			0.3		0.5			0.3
Gross deferred tax assets and liabilities		24.8			6.4		23.0			6.2
Valuation allowance		(7.3	)		—		(7.1	)		—
Total	$	17.5		$	6.4	$	15.9		$	6.2