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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2025
Sep. 30, 2024
Current assets:    
Cash and cash equivalents $ 59.7 $ 20.2
Receivables, less allowance for credit losses and rebates of $2.2 and $3.6 at September 30, 2025 and September 30, 2024, respectively 179.6 126.1
Inventories, less allowance of $7.7 and $11.4 at September 30, 2025 and September 30, 2024, respectively 312.0 414.1
Other current assets 20.9 26.9
Total current assets 572.2 587.3
Property, plant and equipment, net 770.1 806.5
Intangible assets, net 23.8 82.5
Goodwill 6.0 6.0
Other noncurrent assets 147.3 157.8
Total assets 1,519.4 1,640.1
Current liabilities:    
Accounts payable 96.0 82.1
Accrued salaries and wages 26.4 22.6
Current portion of long-term debt 0.0 7.5
Current portion of finance lease liabilities 7.9 5.2
Income taxes payable 5.6 13.1
Accrued interest 19.0 13.3
Accrued expenses and other current liabilities 110.7 73.2
Total current liabilities 265.6 217.0
Long-term debt, net of current portion 832.2 910.0
Finance lease liabilities, net of current portion 7.6 11.2
Deferred income taxes, net 53.9 56.5
Other noncurrent liabilities 126.0 128.8
Commitments and contingencies (Note 11)
Stockholders' equity:    
Common stock: $0.01 par value, 200,000,000 authorized shares; 42,197,964 issued shares at September 30, 2025 and September 30, 2024 0.4 0.4
Additional paid-in capital 430.0 420.6
Treasury stock, at cost — 497,420 shares at September 30, 2025 and 816,013 shares at September 30, 2024 (10.8) (10.2)
Retained (loss) earnings (77.6) 2.2
Accumulated other comprehensive loss (107.9) (96.4)
Total stockholders' equity 234.1 316.6
Total liabilities and stockholders' equity $ 1,519.4 $ 1,640.1