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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current Assets:    
Cash and cash equivalents $ 35.1 $ 37.2
Trade receivables, net of allowances of $2.1 and $2.1, respectively 232.0 212.5
Inventories 150.3 104.9
Other current assets 41.7 41.6
Total current assets 459.1 396.2
Property, plant and equipment, net of accumulated depreciation of $239.2 and $223.8, respectively 190.4 181.1
Goodwill 158.0 152.5
Intangible assets, net 79.7 86.8
Deferred income taxes 32.9 32.0
Other assets 29.1 27.5
Total Assets 949.2 876.1
Current Liabilities:    
Short-term debt and current portion of long-term debt 7.7 2.2
Accounts payable, trade and other 113.4 110.7
Advance and progress payments 138.6 115.8
Other current liabilities 130.1 124.4
Total current liabilities 389.8 353.1
Long-term debt, less current portion 305.4 280.6
Accrued pension and other postretirement benefits, less current portion 81.4 90.7
Other liabilities 24.2 22.0
Commitments and contingencies (Note 11)
Stockholders’ Equity:    
Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued 0.0 0.0
Common stock, $0.01 par value; 120,000,000 shares authorized; June 30, 2016: 29,316,041 issued and 29,154,845 outstanding; December 31, 2015: 29,316,041 issued and 29,147,380 outstanding 0.3 0.3
Common stock held in treasury, at cost; June 30, 2016: 161,196 shares; December 31, 2015: 168,661 shares (7.3) (6.1)
Additional paid-in capital 71.8 71.6
Retained earnings 228.9 211.1
Accumulated other comprehensive loss (145.3) (147.2)
Total stockholders’ equity 148.4 129.7
Total Liabilities and Stockholders’ Equity $ 949.2 $ 876.1