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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current Assets:    
Cash and cash equivalents $ 34.0 $ 33.2
Trade receivables, net of allowances of $3.2 and $3.1, respectively 316.4 260.5
Inventories 190.2 139.6
Other current assets 48.0 51.7
Total current assets 588.6 485.0
Property, plant and equipment, net of accumulated depreciation of $273.3 and $238.0, respectively 233.0 210.2
Goodwill 301.8 239.5
Intangible assets, net 216.8 186.0
Deferred income taxes 13.1 35.0
Other assets 38.1 31.7
Total Assets 1,391.4 1,187.4
Current Liabilities:    
Short-term debt and current portion of long-term debt 10.5 7.1
Accounts payable, trade and other 157.1 135.7
Advance and progress payments 127.6 110.5
Accrued payroll 49.8 49.1
Other current liabilities 96.4 90.6
Total current liabilities 441.4 393.0
Long-term debt, less current portion 372.7 491.6
Accrued pension and other post-retirement benefits, less current portion 85.9 86.1
Other liabilities 49.5 36.8
Commitments and contingencies (Note 15)
Stockholders' Equity:    
Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued in 2017 or 2016 0.0 0.0
Common stock, $0.01 par value; 120,000,000 shares authorized; 2017: 31,623,079 issued, and 31,577,182 outstanding; 2016: 29,316,041 issued and 29,156,847 outstanding 0.3 0.3
Common stock held in treasury, at cost; 2017: 45,897; and 2016: 159,194 shares (4.0) (7.2)
Additional paid-in capital 252.2 77.2
Retained earnings 333.7 266.6
Accumulated other comprehensive loss (140.3) (157.0)
Total Stockholders' Equity 441.9 179.9
Total Liabilities and Stockholders' Equity $ 1,391.4 $ 1,187.4