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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Mar. 31, 2017
CURRENT ASSETS:      
Cash and equivalents $ 1.3 $ 0.3 $ 1.1
Trade accounts receivable, net 100.9 66.8 88.4
Net inventories 139.3 111.9 88.2
Other current assets 10.7 11.4 7.2
Total current assets 252.2 190.4 184.9
PROPERTY, PLANT AND EQUIPMENT:      
Land 5.0 5.0 5.0
Buildings and improvements 31.2 31.1 29.8
Machinery and equipment 51.8 49.8 45.4
Gross property, plant and equipment 88.0 85.9 80.2
Less accumulated depreciation 57.3 56.4 54.1
Property, plant and equipment, net 30.7 29.5 26.1
OTHER ASSETS:      
Goodwill 9.5 9.5 9.5
Deferred income taxes 10.8 9.7 13.4
Other 6.4 6.8 7.1
Total other assets 26.7 26.0 30.0
TOTAL ASSETS 309.6 245.9 241.0
CURRENT LIABILITIES:      
Current maturities of long-term debt 1.3 1.2 1.0
Trade accounts payable 80.5 51.0 68.2
Accrued compensation 2.5 6.3 3.2
Other accrued liabilities 11.5 16.6 12.1
Total current liabilities 95.8 75.1 84.5
NON-CURRENT LIABILITIES:      
Long-term debt, less current maturities 145.4 101.8 78.5
Other non-current liabilities 2.3 2.5 6.8
Total non-current liabilities 147.7 104.3 85.3
SHAREHOLDERS' EQUITY:      
Preferred shares: $.01 par (5,000,000 shares authorized)
Common shares: $.01 par (75,000,000 shares authorized: 26,070,616 25,843,166; and 25,880,851 shares issued at March 31, 2018, December 31, 2017 and March 31, 2017, respectively) 0.3 0.3 0.3
Additional paid-in capital 44.2 44.1 42.6
Retained earnings 21.6 22.1 28.3
Total shareholders' equity 66.1 66.5 71.2
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 309.6 $ 245.9 $ 241.0