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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 125.6 $ 51.1
Short-term investments 36.7 183.7
Receivables:    
Trade receivables, net 179.8 165.0
Other 25.6 15.5
Contract assets 54.9 0.0
Inventories 215.1 207.9
Prepaid expenses and other current assets 18.9 33.4
Total current assets 656.6 656.6
Property, plant and equipment, net 611.8 571.4
Deferred tax assets – net 35.9 72.0
Intangible assets, net 32.4 25.0
Goodwill 44.0 18.8
Other assets 38.6 41.4
Total 1,419.3 1,385.2
Current liabilities:    
Accounts payable 121.4 90.0
Accrued salaries, wages and related expenses 40.1 42.6
Other accrued liabilities 44.0 40.5
Total current liabilities 205.5 173.1
Net liabilities of Salaried VEBA 32.4 31.9
Deferred tax liabilities 4.2 4.3
Long-term liabilities 66.4 60.0
Long-term debt 370.4 369.6
Total liabilities 678.9 638.9
Commitments and contingencies
Stockholders' equity:    
Preferred stock, 5,000,000 shares authorized at both December 31, 2018 and December 31, 2017; no shares were issued and outstanding at December 31, 2018 and December 31, 2017 0.0 0.0
Common stock, par value $0.01, 90,000,000 shares authorized at both December 31, 2018 and December 31, 2017; 22,471,705 shares issued and 16,234,603 shares outstanding at December 31, 2018; 22,393,537 shares issued and 16,773,586 shares outstanding at December 31, 2017 0.2 0.2
Additional paid in capital 1,059.3 1,055.9
Retained earnings 150.2 85.5
Treasury stock, at cost, 6,237,102 shares at December 31, 2018 and 5,619,951 shares at December 31, 2017 (420.5) (358.6)
Accumulated other comprehensive loss (48.8) (36.7)
Total stockholders' equity 740.4 746.3
Total $ 1,419.3 $ 1,385.2