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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 185.6 $ 169.5
Short-term investments 104.5 129.5
Receivables:    
Trade, less allowance for doubtful receivables of $0.8 at March 31, 2014 and December 31, 2013 123.5 119.8
Other 11.7 13.4
Inventories 203.1 214.4
Prepaid expenses and other current assets 48.6 44.2
Total current assets 677.0 690.8
Property, plant, and equipment – net 436.7 429.3
Net asset of VEBAs 414.1 406.0
Deferred tax assets – net (including deferred tax liability relating to the VEBAs of $155.4 at March 31, 2014 and $152.4 at December 31, 2013) 59.2 69.1
Intangible assets – net 33.3 33.7
Goodwill 37.2 37.2
Other assets 108.5 104.8
Total 1,766.0 1,770.9
Current liabilities:    
Accounts payable 72.3 62.9
Accrued salaries, wages, and related expenses 33.2 42.7
Other accrued liabilities 37.1 44.8
Short-term capital lease 0.2 0.2
Total current liabilities 142.8 150.6
Deferred tax liability 1.2 1.2
Long-term liabilities 149.0 146.4
Long-term debt 390.7 388.5
Total liabilities 683.7 686.7
Commitments and contingencies – Note 7      
Stockholders’ equity:    
Preferred stock, 5,000,000 shares authorized at both March 31, 2014 and December 31, 2013; no shares were issued and outstanding at March 31, 2014 and December 31, 2013 0 0
Common stock, par value $0.01, 90,000,000 shares authorized at both March 31, 2014 and at December 31, 2013; 21,171,683 shares issued and 18,030,600 shares outstanding at March 31, 2014; 21,103,700 shares issued and 18,147,017 shares outstanding at December 31, 2013 0.2 0.2
Additional paid in capital 1,023.6 1,023.1
Retained earnings 243.2 233.8
Treasury stock, at cost, 3,141,083 shares at March 31, 2014 and 2,956,683 shares at December 31, 2013, respectively (164.9) (152.2)
Accumulated other comprehensive loss (19.8) (20.7)
Total stockholders’ equity 1,082.3 1,084.2
Total $ 1,766.0 $ 1,770.9