XML 15 R2.htm IDEA: XBRL DOCUMENT v3.3.1.900
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 67.5 $ 81.5
Accounts receivable, less allowance for doubtful accounts of $6.3 and $4.5 at December 31, 2015 and 2014, respectively 204.4 183.3
Inventories, net:    
Raw materials 81.1 84.5
Work-in-process 48.3 52.5
Finished products 109.5 101.1
Total inventories 238.9 238.1
Prepaid and other current assets 38.6 43.1
Total current assets 549.4 546.0
Property and equipment, net 221.8 216.9
Goodwill 530.1 548.6
Intangible assets, net 380.1 442.8
Other noncurrent assets 14.9 15.5
Total assets 1,696.3 1,769.8
Current liabilities:    
Short-term borrowings 7.4 9.2
Long-term debt and capital lease obligations due within one year 0.4 3.8
Accounts payable 79.2 89.9
Advanced billings and deposits 39.7 58.5
Accrued salaries, wages and other compensation 30.8 33.2
Accrued interest 13.9 16.2
Other current liabilities 52.5 60.2
Total current liabilities 223.9 271.0
Long-term debt and capital lease obligations, less unamortized discount and debt issuance costs 931.9 1,000.7
Deferred income tax liabilities 66.2 72.6
Accrued pension liabilities 25.2 29.0
Other noncurrent accrued liabilities 8.2 11.1
Total liabilities 1,255.4 1,384.4
Shareholders’ equity:    
Preferred stock - $0.01 par value, 50,000,000 shares authorized, none outstanding 0.0 0.0
Common stock - $0.01 par value, 500,000,000 shares authorized; 67,296,678 and 52,286,100 issued and outstanding as of December 31, 2015 and 2014, respectively 0.7 0.5
Capital in excess of par value 648.7 499.6
Retained deficit (99.4) (60.6)
Accumulated other comprehensive loss (109.1) (54.1)
Total shareholders’ equity 440.9 385.4
Total liabilities and shareholders’ equity $ 1,696.3 $ 1,769.8