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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 55.7 $ 82.8
Accounts receivable, net 264.4 242.6
Inventories, net 317.8 282.8
Unbilled contract revenue 66.3 44.5
Other current assets 16.4 16.9
Total current assets 720.6 669.6
Property, plant and equipment, net 219.4 177.0
Goodwill 103.4 100.2
Intangible assets, net 95.3 99.5
Pension assets 57.0 74.3
Other long-term assets 12.8 11.9
Total assets 1,208.5 1,132.5
Current liabilities:    
Trade accounts payable 177.8 173.7
Current portion of long-term debt and short-term debt 17.9 17.7
Accrued employee compensation 27.5 23.0
Deferred revenue 39.5 23.0
Other accrued expenses 36.2 38.7
Total current liabilities 298.9 276.1
Long-term liabilities, less current portion:    
Long-term debt 547.5 515.5
Deferred income taxes 23.4 22.3
Other long-term liabilities 26.1 30.6
Total long-term liabilities 597.0 568.4
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 - 15,555,275 shares in 2018 and 15,153,009 in 2017 15.6 15.2
Additional paid-in capital 125.7 117.8
Retained earnings 265.9 216.1
Treasury stock, at cost, 2,928,869 shares in 2018 and 2,624,354 shares in 2017 (67.3) (55.2)
Accumulated other comprehensive loss (40.9) (17.9)
Total Park-Ohio Holdings Corp. and Subsidiaries shareholders' equity 299.0 276.0
Noncontrolling interests 13.6 12.0
Total equity 312.6 288.0
Total liabilities and shareholders' equity $ 1,208.5 $ 1,132.5