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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Current assets:    
Cash and cash equivalents $ 50.9 $ 58.0
Accounts receivable, less allowances for doubtful accounts of $3.6 million at June 30, 2015 and $4.1 million at December 31, 2014 216.8 208.0
Inventories, net 252.5 238.4
Deferred tax assets 28.9 28.9
Unbilled contract revenue 31.3 26.8
Other current assets 20.0 22.1
Total current assets 600.4 582.2
Property, plant and equipment, net 148.6 141.1
Goodwill 74.7 89.5
Intangible assets, net 96.9 88.1
Other long-term assets 78.0 73.3
Total assets 998.6 974.2
Current liabilities:    
Trade accounts payable 147.5 160.3
Accrued expenses and other 98.1 103.6
Total current liabilities 245.6 263.9
Long-term liabilities:    
Debt, less current portion 457.2 434.4
Deferred tax liabilities 45.4 43.9
Other postretirement benefits and other long-term liabilities 40.9 40.1
Total long-term liabilities 543.5 518.4
Capital stock, par value $1 a share    
Serial preferred stock: Authorized -- 632,470 shares: Issued and outstanding -- none 0.0 0.0
Common stock: Authorized -- 40,000,000 shares; Issued -- 14,607,320 shares in 2015 and 14,513,821 in 2014 14.6 14.5
Additional paid-in capital 93.4 89.8
Retained earnings 146.6 126.5
Treasury stock, at cost, 2,100,944 shares in 2015 and 2,014,692 shares in 2014 (35.6) (31.2)
Accumulated other comprehensive loss (16.3) (14.0)
Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity 202.7 185.6
Noncontrolling interest 6.8 6.3
Total equity 209.5 191.9
Total liabilities and shareholders' equity $ 998.6 $ 974.2