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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 164.0 $ 51.1
Short-term investments 71.9 183.7
Receivables:    
Trade receivables, net 191.2 165.0
Other 18.9 15.5
Contract assets 52.6 0.0
Inventories 177.2 207.9
Prepaid expenses and other current assets 29.0 33.4
Total current assets 704.8 656.6
Property, plant and equipment, net 584.2 571.4
Deferred tax assets, net 51.5 72.0
Intangible assets, net 24.3 25.0
Goodwill 18.8 18.8
Other assets 40.2 41.4
Total 1,423.8 1,385.2
Current liabilities:    
Accounts payable 132.0 90.0
Accrued salaries, wages and related expenses 32.2 42.6
Other accrued liabilities 29.9 40.5
Total current liabilities 194.1 173.1
Net liabilities of Salaried VEBA 31.8 31.9
Deferred tax liabilities 4.3 4.3
Long-term liabilities 62.6 60.0
Long-term debt 370.0 369.6
Total liabilities 662.8 638.9
Commitments and contingencies
Stockholders' equity:    
Preferred stock, 5,000,000 shares authorized at both June 30, 2018 and December 31, 2017; no shares were issued and outstanding at June 30, 2018 and December 31, 2017 0.0 0.0
Common stock, par value $0.01, 90,000,000 shares authorized at both June 30, 2018 and at December 31, 2017; 22,471,592 shares issued and 16,665,941 shares outstanding at June 30, 2018; 22,393,537 shares issued and 16,773,586 shares outstanding at December 31, 2017 0.2 0.2
Additional paid in capital 1,054.7 1,055.9
Retained earnings 123.1 85.5
Treasury stock, at cost, 5,805,651 shares at June 30, 2018 and 5,619,951 shares at December 31, 2017, respectively (378.0) (358.6)
Accumulated other comprehensive loss (39.0) (36.7)
Total stockholders' equity 761.0 746.3
Total $ 1,423.8 $ 1,385.2