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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 30.6 $ 34.0
Trade receivables, net of allowances of $3.3 and $3.2, respectively 287.6 316.4
Inventories, net 305.4 190.2
Other current assets 55.0 48.0
Total current assets 678.6 588.6
Property, plant and equipment, net of accumulated depreciation of $281.1 and $273.3, respectively 242.9 233.0
Goodwill 305.7 301.8
Intangible assets, net 218.4 216.8
Deferred income taxes 14.4 13.1
Other assets 38.0 38.1
Total Assets 1,498.0 1,391.4
Current Liabilities:    
Short-term debt and current portion of long-term debt 8.9 10.5
Accounts payable, trade and other 156.8 157.1
Advance and progress payments 245.3 127.6
Other current liabilities 132.7 146.2
Total current liabilities 543.7 441.4
Long-term debt, less current portion 407.4 372.7
Accrued pension and other postretirement benefits, less current portion 82.7 85.9
Other liabilities 45.2 49.5
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; March 31, 2018 and December 31, 2017: 31,623,079 issued and 31,577,182 outstanding 0.3 0.3
Common stock held in treasury, at cost; March 31, 2018 and December 31, 2017: 45,897 shares (4.0) (4.0)
Additional paid-in capital 254.6 252.2
Retained earnings 303.4 333.7
Accumulated other comprehensive loss (135.3) (140.3)
Total stockholders’ equity 419.0 441.9
Total Liabilities and Stockholders’ Equity $ 1,498.0 $ 1,391.4