XML 13 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Net sales $ 418.0 $ 386.1
Cost of sales 337.8 317.7
Gross profit 80.2 68.4
Operating costs and expenses:    
Engineering, selling and administrative expenses 59.4 60.4
Amortization of intangible assets 0.1 0.1
Restructuring expense 4.5 6.2
Total operating costs and expenses 64.0 66.7
Operating income 16.2 1.7
Other income (expense):    
Interest expense (10.9) (10.0)
Amortization of deferred financing fees (0.4) (0.5)
Loss on debt extinguishment (25.0)  
Other income (expense) - net (3.3) 2.7
Total other expense (39.6) (7.8)
Loss before income taxes (23.4) (6.1)
Provision for income taxes 3.3 3.9
Net loss $ (26.7) $ (10.0)
Per Share Data    
Basic loss per common share $ (0.75) $ (0.28)
Diluted loss per common share $ (0.75) $ (0.28)
Weighted average shares outstanding - basic 35,642,832 35,367,340
Weighted average shares outstanding - diluted 35,642,832 35,367,340