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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current Assets:    
Cash and cash equivalents $ 37.2 $ 33.3
Trade receivables, net of allowances of $2.1 and $3.0, respectively 212.5 176.2
Inventories 104.9 111.8
Prepaid expenses 8.0 7.3
Assets held for sale 0.6 2.9
Other current assets 33.0 33.2
Total current assets 396.2 364.7
Investments 9.2 11.0
Property, plant and equipment, net of accumulated depreciation of $223.8 and $232.7, respectively 181.1 147.6
Goodwill 152.5 69.2
Intangible assets, net 86.8 60.0
Deferred income taxes 32.0 35.7
Other assets 18.3 9.6
Total Assets 876.1 697.8
Current Liabilities:    
Short-term debt and current portion of long-term debt 2.2 4.2
Accounts payable, trade and other 110.7 89.5
Advance and progress payments 115.8 86.2
Accrued payroll 45.8 34.4
Other current liabilities 78.6 68.0
Total current liabilities 353.1 282.3
Long-term debt, less current portion 280.6 173.8
Accrued pension and other post-retirement benefits, less current portion 90.7 93.1
Deferred income taxes 1.8 5.4
Other liabilities $ 20.2 $ 24.0
Commitments and contingencies (Note 15)
Stockholders' Equity:    
Preferred stock, $0.01 par value; 20,000,000 shares authorized; no shares issued in 2015 or 2014 $ 0.0 $ 0.0
Common stock, $0.01 par value; 120,000,000 shares authorized; 2015: 29,316,041 issued, and 29,147,380 outstanding; 2014: 29,138,162 issued and 29,091,502 outstanding 0.3 0.3
Common stock held in treasury, at cost; 2015: 168,661 shares; 2014: 46,660 shares (6.1) (1.5)
Additional paid-in capital 71.6 71.1
Retained earnings 211.1 166.4
Accumulated other comprehensive loss (147.2) (117.1)
Total Stockholders' Equity 129.7 119.2
Total Liabilities and Stockholders' Equity $ 876.1 $ 697.8