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Stockholders' Equity
6 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Stockholders' Equity
Stockholders’ Equity
 
On May 14, 2012, the Company sold 20.0 million shares of its common stock at a purchase price of $5.00 per share in an underwritten public offering. The Company received gross proceeds of $100.0 million. After deducting underwriting and other offering expenses, the Company received approximately $97.0 million in net proceeds. The Company used the net proceeds from this offering to fund a portion of the cash consideration paid to the stockholders of Composite Engineering, Inc. ("CEi") in connection with the Company's acquisition thereof on July 2, 2012.

A summary of the changes in stockholders’ equity is provided below (in millions):
 
 
For the Six Months Ended
 
June 24, 2012
 
June 30, 2013
Stockholders’ equity at beginning of period
$
312.6

 
$
324.1

Comprehensive loss:
 

 
 

Net loss
(20.2
)
 
(19.9
)
Foreign currency translation
(0.2
)
 
0.1

Total comprehensive loss
(20.4
)
 
(19.8
)
Additional paid-in-capital from the issuance of common stock for cash
97.0

 

Stock-based compensation
2.3

 
3.9

Restricted stock units traded for taxes

 
(0.1
)
Stockholders’ equity at end of period
$
391.5

 
$
308.1




The components of accumulated other comprehensive loss are as follows (in millions):

 
June 24, 2012
 
June 30, 2013
Cumulative translation adjustment
$
(0.1
)
 
$
(0.2
)
Post retirement benefit reserve adjustment net of tax expense
(0.3
)
 
(0.5
)
Total accumulated other comprehensive loss
$
(0.4
)
 
$
(0.7
)


There were no reclassifications from other comprehensive income to net loss for the three or six months ended June 30, 2013.

Common stock issued by the Company for the six months ended June 24, 2012 and June 30, 2013 was as follows (in millions):
 
 
For the Six Months Ended
 
June 24, 2012
 
June 30, 2013
Shares outstanding at beginning of the period
32.4

 
56.6

Stock issued for employee stock purchase plan, stock options and restricted stock units exercised
0.1

 
0.1

Common stock issued for cash
20.0

 

Shares outstanding at end of the period
52.5

 
56.7