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Consolidated Statements of Operations (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Income Statement [Abstract]      
Net sales $ 823.6 $ 854.7 $ 864.4
Cost of sales (745.5) (790.0) (826.5)
Gross profit 78.1 64.7 37.9
Selling and administrative expenses (104.9) (107.7) (108.1)
Other income (expense), net 21.4 22.3 14.7
Impairments, restructuring charges, and other items (13.6) 40.6 (8.5)
Operating (loss) income (19.0) 19.9 (64.0)
Interest expense (9.2) (10.2) (10.5)
Interest income 1.5 3.2 2.3
(Loss) income from continuing operations before taxes (26.7) 12.9 (72.2)
Tax (expense) benefit (7.7) 10.2 0.9
(Loss) income from continuing operations (34.4) 23.1 (71.3)
(Loss) income from discontinued operations, net of tax (3.1) (0.5) (1.9)
Net (loss) income $ (37.5) [1] $ 22.6 [2] $ (73.2)
Basic and diluted income (loss) per share:      
(Loss) income from continuing operations $ (1.86) $ 1.25 $ (3.86) [3]
(Loss) from discontinued operations $ (0.17) $ (0.03) $ (0.10) [3]
Net (loss) income per share $ (2.03) $ 1.22 $ (3.96) [3]
Weighted average shares, basic and diluted (in thousands) 18,480 18,480 18,480
Cash dividends declared per share $ 0 $ 0 $ 0
[1] Includes $9.9 million in expense related to severance associated with reductions in work force, $2.7 million in business re-engineering costs, $0.3 million related to a contingent legal liability and $0.5 million in moving costs.
[2] Includes curtailment gain related to termination of certain postretirement benefits for salaried employees and retirees, which resulted in a non-cash gain of $45.0 million as well as $0.1 million refund for a settlement notice and administrative costs, partially offset by $3.8 million in expense related to severance associated with reductions in work force and $0.1 million in moving costs.
[3] A warrant issued to a lender in 2007 expired on April 9, 2012. This warrant was not included in diluted earnings per share information for 2011, as the effect would be antidilutive.